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3 years ago

Which of the following may occur as a result of a increase in the price of cell phones?

Business

2 answers:

MatroZZZ [7]3 years ago

7 0

I would say a
<span>.increase in supply</span>

zheka24 [161]3 years ago

6 0

I think b increase quantity supplied

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Cycles de Oro produces 120,000 high-tek bikes a year and orders the brake assembly from IKON for $15.40 each. The order cost is

Ket [755]

Answer:

$3,412

Explanation:

The computation of the economic order quantity is shown below:

= $\sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

= $\sqrt{\frac{2\times \text{120,000}\times \text{\$84}}{\text{\$2.31}}}$

= 2,954 units

The carrying cost is

= $15.40 × 15%

= $2.31

The number of orders would be equal to

= Annual demand ÷ economic order quantity

= 120,000 ÷ 2,954 units

= 40.62 orders

Now The total cost of ordering cost is

Ordering cost = Number of orders × ordering cost per order

= 40.62 orders × $ 84

= $3,412

3 0

3 years ago

A firm that is facing both strong cost pressures and strong pressures for local responsiveness should follow _____ strategy. Mul

dangina [55]

Answer:

a global standardization.

Explanation:

Global standardization can be defined as the ability of an organization to use standard marketing techniques across the world with respect to the cultural factors.

Also, local responsiveness can be defined as the degree of requirements and conditions to which a manufacturing firm should significantly adjust their products and methods of production in a particular country to.

A firm that is facing both strong cost pressures and strong pressures for local responsiveness should follow a global standardization strategy.

Hence, when a firm follows the global standardization strategy, the quality of its goods and services is able to meet the needs of customers (people) all over the world because of the streamlining of its production processes, products design, and simplified supply chain management.

5 0

3 years ago

1. Problems and Applications Q1 In 2012, the Bureau of Labor Statistics (BLS) announced that of all adult Americans, 142,496,000

Fynjy0 [20]

Answer:

the adult population is 243,312,000

Explanation:

The computation of the adult population is shown below:

The Total adult population is

= Employed + Unemployed + Not in the labor force

= 142,496,000 + 12,506,000 + 88,310,000

= 243,312,000

Hence, the adult population is 243,312,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

8 0

3 years ago

Vandermark Credit Corp. wants to earn an effective annual return on its consumer loans of 14.75 percent per year. The bank uses

gulaghasi [49]

Answer:

13.76%

Explanation:

The computation of the interest rate required by law is shown below:

As we know that

Effective annual rate = (1 + Annual percentage rate ÷ number of days)^number of days - 1

0.1475 = (1 + Annual percentage rate ÷ 365)^365 - 1

(0.1475 + 1) = (1 + Annual percentage rate ÷ 365)^365

(1.1475)^ × (1 ÷ 365) = 1 + Annual percentage rate ÷ 365

So, the Annual percentage rate is

= [(1.1475)^ × (1 ÷ 365) - 1] × 365

= 0.1376

= 13.76%

4 0

3 years ago

Exercise 10-6 Direct Materials and Direct Labor Variances [LO10-1, LO10-2] Huron Company produces a commercial cleaning compound

ololo11 [35]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Standard:

Direct materials 7.30 pounds $ 2.25 per pound $16.43

Actual:

16,600 pounds of material was purchased for $2.05 per pound. All of the material purchased was used to produce 2,000 units of Zoom.

To calculate the direct material price and quantity variance, we need to use the following formula:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (2.25 - 2.05)*16,600

Direct material price variance= $3,320 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 2,000*7.3= 14,600

Direct material quantity variance= (14,600 - 16,600)*2.25

Direct material quantity variance= $4,500 unfavorable

4 0

3 years ago