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3 years ago

People who make goods and services are called _____ .

Business

2 answers:

const2013 [10]3 years ago

8 0

They are called producers

Flauer [41]3 years ago

7 0

They are called direct labor

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Mike gundy is a college football coach making a base salary of $2,400,000 a year ($200,000 per month). employers are required to

asambeis [7]

<span>Mike will earn $2,400,000 for the year. Social security withholds 6.2% which equals $148,800, though Social security has a maximum base amount of $118,500. So the total amount withheld for Social Security will be $118,500. Medicare withholds 1.45% which equals $34,800. So the total amount withheld for Medicare will be $34,800. The total withheld from both Social Security and Medicare would be $153,300.</span>

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3 years ago

Cane Company manufactures two products called Alpha and Beta that sell for $135 and $95, respectively. Each product uses only on

Vika [28.1K]

Answer:

CANE COMPANY

a. total amount of traceable fixed manufacturing overhead

Alpha = $19*105,000 = $1,995,000

Beta = $21*105,000 = $2,205,000

b. Company's total amount of common fixed expenses =

Aplha = $18*105,000 = $1,890,000

Beta = $13* 105,000 = $1,365,000

Total = $3,255,000

c. Increase in profit as result of accepting the offer = additional contribution * additional unit sold

= $14*13,000

= $182,000

additional contribution =$92 - (30 + 23 + 10 + 15)

d. Decrease in profit = loss of contribution * unit sold

= -13 *4000

= ($52,000)

loss of contribution = 42 -( 18+ 16 +8+13)

Explanation:

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3 years ago

As a general rule, __________ seems to work best when the consumer target market for the product is alike across countries and c

Serggg [28]

The correct answer to fill in the blank is product extension.

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3 years ago

Melissa is a self-employed lawyer who chooses a higher-priced restaurant 2 miles from home over a cheaper restaurant 15 miles fr

kiruha [24]

Answer:

Option (E) is correct.

Explanation:

The opportunity cost refers to the benefits that are sacrificed by choosing some other alternative.

In our case, there are two restaurants as follows:

One is 2 miles away from home with higher prices

Second one is 15 miles away from home with lower prices

But Melissa chooses the first one by comparing the opportunity cost associated with each option relative to the other option.

This is because of the higher opportunity cost associated with second restaurant offsets the higher monetary cost of the first restaurant.

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3 years ago

A manufacturing company is considering a capacity expansion investment at the cost of $258,388 with no salvage value. The expans

Jobisdone [24]

Answer:

33,610.42 units

Explanation:

For computing the minimum annual production rate first we have to determine the annual worth by using the PMT formula which is shown below:

Given that

Present value = $258,388

Interest rate = 10%

NPER = 7 years

Future value = $0

The formula is shown below:

= PMT(RATER;NPER;-PV;FV;type)

The present values comes in a negative

After solving this, the annual worth is $53,074.32

And, the annual operating maintenance cost is $28,599

So, the revenue should be

= $53,074.32 + $28,599

= $81,673.32

Now the minimum annual production rate is

= $81,673.32 ÷ $2.43

= 33,610.42 units

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2 years ago