Answer:
(D) 3,815 units
Explanation:
In this question we use the formula of break-even point in unit sales which is shown below:
= (Fixed expenses + target profit) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $220 - $72.60
= $147.40
And, the other items values would remain the same
Now put these values to the above formula
So, the value would equal to
= ($548,328 + $14,000) ÷ ($147.40)
= ($562,328) ÷ ($147.40)
= 3814.97 units
Incoterms provide clarity on the responsibility for which activity associated with an international shipment--<u>- Incoterms cover all of these activities.</u>
<h3>What's meant by incoterm?</h3>
Incoterms, extensively- used terms of trade, are a set of 11 internationally honored rules which define the liabilities of merchandisers and buyers. Incoterms specify who's responsible for paying for and managing the payload, insurance, attestation, customs concurrence, and other logistical conditioning.
<h3>What's Incoterms rule?</h3>
The Incoterms rules are a encyclopedically- recognised set of norms, used worldwide in transnational and domestic contracts for the delivery of goods. The rules have been developed and maintained by experts and interpreters brought together by ICC. They've come the standard in transnational business rules setting.
Learn more about Incoterms :
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Answer:
A. Nominal GDP is $2,000, real GDP is $2,000 and GDP deflator is 100.
Explanation:
Nominal GDP is the the total value of goods produced in a country in a given time period and valued at the current market price i.e not adjusted for inflation.
Here to calculate nominal GDP for Mainia in 2006, the total quantity of goods produced in the current year(2006) will be multiply by the current market price.
Cranberries Maple Syrups Total
50 units 100 units
<u>$20</u> <u> $10</u>
$1,000 $1,000 $2,000
In contrast, Real GDP is measured using the base year price. The reason is to adjust for inflation which might have occurred between the two years.
Here to calculate real GDP for Mainia in 2006, the total quantity of goods produced in the current year (2006) will be multiply by the base year price (2005):
Cranberries Maple Syrups Total
50 units 100 units
<u>$10 </u> <u> $15 </u>
$500 $1,500 $2,000
GDP deflator measures the movement in value of goods and services produced in the current year in relation to the base year value.
Here is the formula:
GDP deflator = <u>Nominal GDP</u> x 100
Real GDP
GDP deflator = <u>$2,000</u> x 100
$2,000
GDP deflator = 100
Answer:
Hello your question is incomplete attached below is the complete question
Explanation:
Dead weight loss = 0.5 [( Δp ) * ( ΔD ) ]
D = DEMAND
P = PRICE
DWL with quota = 0.5 [ ( $10 -$6 ) * (12 - 8 ) ]
= 0.5 ( 4*4 ) = $8
DWL with pigouvian tax = 0.5 [ ($10- $6 )*(9 - 8 ) ]
= 0.5 [ 4 * 1 ] = $2
Answer:
The correct answer is D
Explanation:
Computation of allocation of factory overhead cost for the Job NO 117:
Now, computing the rate of overhead allocation as:
Pre- determined rate of overhead allocation = Estimated aggregate overhead / estimated number of labor hours
where
Estimated aggregate overhead is $95,000
Estimated number of labor hours is 9,500 hours
Putting the values above:
= $95,000 / 9,500 hours
= $10 per hour.
Computing the overhead cost to be allocated to Job No 117 as:
Overhead cost to be allocated to Job No 117 = Number of direct labor hours × pre- determined rate of overhead
where
Number of direct labor hours is 2,300 hours
Pre- determined rate of overhead allocation is 10 per hour
Putting the values above:
= 2,300 hours × $10 per hour
= $23,000
