Answer:
a.$6,705
Explanation:
The total cost is the sum of the three cost component, Direct materials, direct labours, and factory overhead.
Direct Labor Cost: 71 hours x $15 per hour = $ 1,065
Manufacturing Overhead: 175 machine hours x $14 per hour = $ 2,450
Direct Materials $ 3,190
Total cost: 1,065 + 2,450 + 3,190 = 6,705
Answer:
B) must be balanced by a statement that trading options can also result in significant losses.
Explanation:
Representatives do not trade securities by themselves, they only enter orders on behalf of their clients and following their clients' orders. That means that the clients assume the risk of losing money due to a bad investment. The clients are also the ones that benefit the most since it is their money being invested. Any statement that states the possibility of significant earnings, must also include the possibility of significant losses.
Answer: B) demand determined.
Explanation:
If the supply of a good is fixed or the product is of a unique kind, the price of the good will be determined by the amount of demand for it.
Normally supply can change based on the quantity demanded which will impact prices but if the supply is definite, this means that the supply curve is inelastic and the only curve that can affect price therefore is the demand curve.
If more people demand the good, it will increase in price and if less people demand it, it will fall in price.
Answer:
b wages, interest payments, rent, and profits
Explanation:
The GDP refers to the Gross domestic product which reflects the finalized market value of the goods and services that are to be produced within the country
Plus According to the factor payments, the GDP are to be calculated based on wages, interest payments, rents, and profits and the same is to be considered while calculating the GDP
