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GenaCL600 [577]
3 years ago
5

Suppose the price of barley increases by 16.53%. If breweries buy 3.28% less barley after the price increase, the total revenue

for barley producers will _____ because the _____ effect is greater than the _____ effect.
Business
1 answer:
disa [49]3 years ago
8 0

Suppose the price of barley increases by 16.53%. If breweries buy 3.28% less barley after the price increase, the total revenue for barley producers will increase because the price effect is greater than the quantity effect.

Explanation:

Every company must sooner or later come to the point that an rise in the price is right.

Inflation has two primary causes: demand tug and expense drive.

Both have a general raise in costs in an economy. However, they work otherwise. Conditions of market pull arise as customer demand raises costs.

Consumers are now increasing the demand on the good for some quantity, and suppliers would need to offer a better price in order to deliver the good.

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Simkin Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below:
Anettt [7]

Answer:

0.34

Explanation:

Calculation to determine what The manufacturing cycle efficiency (MCE) was closest to:

First step is to calculate the Throughput time using this formula

Throughput time = Process time + inspection time + move time + queue time

Let plug in the formula

Throughput time=6.1+1.5+4.1+6.2

Throughput time=17.9

Now let calculate the MEC using this formula

MEC = process time / throughput time

Let plug in the formula

MEC=6.1/17.9

MEC =0.34

Therefore The manufacturing cycle efficiency (MCE) was closest to:0.34

8 0
2 years ago
The board of commissioners of the City of Hartmoore adopted a General Fund budget for the year ending June 30, 2017, that includ
Aleks04 [339]

Answer:

The Journal entry at the beginning of the year is as follows:

Estimated revenue A/c                      Dr. $1,342,500

Estimated other financing sources-Bonds proceeds A/c Dr. $595,000

To Appropriations control                                                                     $960,000

To Appropriations-Other financing uses-operating transfer outs     $532,500

To Budgetary fund Bal.                                                                        $445,000

(To record entry at the beginning of the year)

8 0
2 years ago
Income statement information for Einsworth Corporation follows: Sales $1,500,000 Cost of goods sold 900,000 Gross profit 600,000
Semenov [28]

Answer:

A vertical analysis income statement uses Sales as a base and makes everything else a percentage of sales.

                                            Vertical Analysis Statement

                                                     Amount                     Percentage

Sales                                       $1,500,000                         100%

Cost of Goods sold                ($900,000)                          60%

Gross Profit                               $600,000                          40%

Cost of Goods sold percentage = 900,000 / 1,500,000

= 60%

Gross Profit percentage = 600,000 / 1,500,000

= 40%

6 0
2 years ago
Which options are available in Layout view? Check all that apply.
ss7ja [257]

Answer:

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Explanation:

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8 0
3 years ago
A company needs to locate three departments (X, Y, and Z) in the three areas (I, II, and III) of a new facility. They want to mi
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Answer:

(A) $2,600

Explanation:

Please see attachment .

6 0
3 years ago
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