T<span>he equipment to plant, harvest, and transport grain used by the farmers in KS is powered by diesel fuel. Therefore, an increase in the price of the fuel will also increase the price of the bread. The main ingredients of the bread </span>are <span>coming from the farmers' harvest of grain. When the price of the fuel would increase, the farmers would be selling their grains at a higher price which would yield to a higher price of the bread.</span>
Answer:
$4.00
Explanation:
To calculate the approximate overhead cost per unit of product A1 under activity - based costing we have it as
Activity 1 allocated to Product B2 line we have as
$48,000 × 4,800/6,000
= $38,400
Activity 2 allocated to Product B2 line we have it as
= $63,000 × 4,760/7,000
= $42,840
Activity 3 allocated to Product B2 line we have it as
=$80,000 × 800/8,000
= $8,000
Total overhead allocated to Product B2 = $89,240
Overhead per unit of Product B2: $89,240/22,310 = $4.00
As our overhead unit of product
<h3><u>
Answer:</u></h3>
The commission can be shared between the two agents.
<h3><u>
Explanation:</u></h3>
Many times different companies collaborate with each other to sell a particular policy to maximize their profits. When there are two agents licensed in the same line and when the two companies collaborate to sell a policy then the commission is shared between the agents.
This is because they will work together for the profits and that when the two companies collaborate they become one to sell the policy. The agents work together and the commission is given to them as a whole. This is a common practice when two companies work together.
Answer:
$45,000
Explanation:
In this case the market value is $200,000 but the policy limit is only $120,000, with a coinsurance of 80%.
Since the amount of loss = $60,000, the insurance company will pay:
(stop limit / value) x loss = ($120,000 / $160,000*) x $60,000 = 0.75 x $60,000 = $45,000
*the $160,000 value is determined by multiplying the fair market value of the property times the coinsurance = $200,000 x 80% = $160,000
Answer:
Generally speaking, demographic growth can affect the economy quite a lot, but the economy has a very little effect on demographic growth. E.g. the baby boomers were great for the economy during several decades, but there is no clear relationship between population growth and economic activity.
This means that companies like home builders whose demand depends on other factors besides the economy, will be less affected by economic recessions or expansions. E.g. the demographic growth in America was around 0.7% during 2019 and the economy was growing that year.
Actually, the US population has been declining over the last decades. The real growth factor in population has been immigration in the last decades, and that has also been declining lately.
