The policy that lowers production costs and helps domestic producers to compete with imports are <u>D. subsidies. </u>
<h3 /><h3>What are subsidies?</h3>
This is a government policy where the government pays for some of the costs of production for local firms.
This allows the local firms to then sell their goods at a lower price so that they can compete with cheaper imports.
Options for this question include:
A. tariffs
B. custom duties
C. tariff rate quotas
D. subsidies
Find out more on subsidies at brainly.com/question/6945210.
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Answer:
Total overhead rate = $34.17 per machine hour
Explanation:
The total overhead rate would the sum of the variable overhead rate and the fixed overhead rate
<em>The pre-determined fixed overhead absorption rate = Estimated fixed overhead /Estimated machine hours </em>
<em>DATA:</em>
<em>Estimated overhead - $256,500.</em>
<em>Estimated machine hours - 10,000 machine hours</em>
The pre-determined fixed overhead absorption rate =
$256,500/ 10,000 machine hours = 25.65 per hour
<em>The pre-determined overhead absorption rate = $25.65 per hour</em>
Total overhead rate = Variable rate + Fixed rate
= $8.52 + $25.65 = $34.17
Total overhead rate = $34.17 per machine hour
Answer:
Answer is explained in the explanation section below.
Explanation:
Data Given:
Material Cost Per Trailer = $500
Material Cost plus Profit Per Trailer (15%) = $500 + 75 = $575
Selling Price = $1000
Labor Cost Remaining Per Trailer = $425
Formula to Calculate the number of Trailers:
X = X1 (
)
Where,
N = number of Trailers
S = Slope Parameter
X = $425
X1 = $700
So, First we need to find the slope parameter, in order to calculate the number of trailers to be built.
S = 
where, α = 0.85 rate of improvement.
Plugging in the values into the formula, we get:
S = 
S = -0.234
Now, we can easily find the number of trailers.
X = X1 ()
Plugging in the values,
425 = 700 x (
)
Solving For N, we get:
N = 8.4 Trailers
N = 9 Trailers.
Hence, 9 Trailers must be built in order to realize this rate of profit.
Answer:
Gross Domestic Product"refers to the total value of all goods and services produced within a given period by a national economy domestic factors of production
