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3 years ago

An increase in the cost of producing a good or service will cause a leftward shift of the supply curve. True False

Business

1 answer:

TEA [102]3 years ago

4 0

Answer:

True

Explanation:

An increase in the cost of production would cause some producers to stop production, supply would fall and the supply curve would shift to the left.

I hope my answer helps you

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Blue Point Company is formulating its marketing expense budget for the month of September. Sales in units for August amounted to

Anna007 [38]

Answer:

See below

Explanation:

Computation of estimated cash payment expense is seen below

Variable expenses

Sales in unit for August 4,000

Sales in unit September 4,000 × 110% = 4,400

Total variable expense 4,400 × $0.15 = $660

Fixed expense per quarter

Salaries $5,000 × 3 = $15,000

Depreciation $1,500 × 3 = $4,500

Total = $19,500

Budget total = $20,160

Estimated cash payment = $20,160 - $4,500 = $15,660

8 0

3 years ago

A food manufacturer reports the following for two of its divisions for a recent year.

hram777 [196]

Answer:

1. 13.8% and 14.6%

2. 13.6% and 16.5%

3. 1.01 times and 0.88 times

Explanation:

The computations are shown below:

1. Return on investment = Operating Income ÷ Average invested Assets

where, average invested assets would be

= (Invested assets, beginning + Invested assets, ending) ÷ 2

For Beverage Division, it would be

= $366 ÷ {($2,696 + $2,610) ÷ 2}

= $366 ÷ $2,653

= 13.8%

For Cheese Division, it would be

= $651 ÷ {($4,489 + $4,417) ÷ 2}

= $651 ÷ $4,453

= 14.6%

2. Profit margin = (Operating income ÷ sales) × 100

For Beverage Division, it would be

= ($366 ÷ $2,698) × 100

= 13.6%

For Cheese Division, it would be

= ($651 ÷ $3,942) × 100

= 16.5%

3. Investment turnover = Sales ÷ Average Operating Assets

For Beverage Division, it would be

= $2,698 ÷ {($2,696 + $2,610) ÷ 2}

= $2,698 ÷ $2,653

= 1.01 times

For Cheese Division, it would be

= $3,942 ÷ {($4,489 + $4,417) ÷ 2}

= $3,942 ÷ $4,453

= 0.88 times

7 0

3 years ago

Brian just started using a budget. He proudly tells friends that his budget helps him know where his money is being spent. It al

stepan [7]

The right answer for the question that is being asked and shown above is that: "<span>Brian has some understanding of budgeting. However, a budget does not create more money each month. It just helps him use his money better." That is the best answer among the choices.</span>

5 0

3 years ago

Career In K12 if you get it right I will give brainlist

malfutka [58]

#3: Face-to-face jobs in the health-care field can consist of nurses and doctors. They can be considered face-to-face because you interact with patients and various people and your work is hands on. Someone who is behind the scenes could be a receptionist at a doctors office or hospital or a medical biller. This can be considered a behind the scenes type job since it's non clinical and doesn't provide direct treatment, they simply help out the people that do provide direct treatment (face-to-face).

7 0

3 years ago

The Gardner Company expects sales for October of $247,000. Experience suggests that 40% of sales are for cash and 60% are on cre

LenKa [72]

Answer: $74100

Explanation:

Based on the information given, the amount of cash expected to be collected in October will be calculated thus:

October, credit sales will be:

= 60% x $247000

= $148200

Since the amount that'll be collected in October will be 50% of the credit sales. This will be:

= 50% × $148200

= $74100

6 0

3 years ago