Answer:
28.new technology
29.putting competitor's out of business.
30.supply goods and services in the product market
31.quantity demands decreases
32.toothpaste is a normal good.
34.a leftward shift of the demand curve.
Answer:
$585,000
Explanation:
Given that
Prime costs = $960,000
Conversion costs = $980,000.
Overhead costs = 150% of direct labor costs.
As we know that
Prime costs = Direct material cost + Direct labor cost
So,
Direct material cost + Direct labor cost = $960,000
And,
Conversion costs = Direct labor cost + Manufacturing overhead.
$980,000 = Direct labor cost + 150% of direct labor.
2.5 direct labor cost = $980,000
Direct labor cost = $980,000 ÷ 2.5
= $392,000
So,
Manufacturing overhead is
= $392,000 × 150%
= $585,000
Answer:
600,000
Explanation:
The unit of the activity depreciation method is suited for the coal company. This method determines the depreciation amount based on the level of usage. The calculation of depreciation amount using a unit of activity is the first step.
Depreciation per unit is calculated as follows
Depreciation per unit for the coal company
= Cost of the asset/ expected usage
=$12,000,000/ 20,000,000 tons
=$0.6 per ton
In 1, 000,000 coal value was extratced,
Amount of depreciation = $0.6 x 1,000,000
=$600,000