Answer:
B) 12 + 2N
Explanation:
The company requires 1 assembly line worker for every 25 units it produces per hour, so it will require 2 assembly line workers for every 50 units. The number of managers is fixed = 12.
therefore the total number of workers = 12 (fixed managers) + 2N (assembly line workers for each for every 50 units) = 12 + 2N
Answer:
(1) 2,600
(2) $122
(3) $317,200
Explanation:
(1) Ending Inventory:
= Beginning Inventory + Number of Units Produced - Number of Units Sold
= 300 + 15,000 - 12,700
= 2,600
(2) Per-unit product cost:
= Direct Material + Direct Labour + Variable Overhead + Fixed Overhead
= $20 + $60 + $12 + $30
= $122
(3) Value of Ending Inventory under absorption costing:
= Ending Inventory × Absorption Per-unit product cost
= 2,600 × $122
= $317,200
Answer:
stocks
Explanation:
stocks is the correct answer
Answer:
Externalities can be defined as those activities that incurs cost on another party.
Road congestion creates externalities such as increased time for travel, more pollution in a city, more likelihood of accidents, more stress for road users.
This externaliity is caused because road users think of the private benefits that they can get from using the road but they do not take the social cost into account. We have lots of drivers on the road and non of these drivers takes cognizance of the cost that other drivers get because of this.
If road are private, congestion is going to fall and there would be excludability. But this is a public good, turning it to a private good would cause issues. Private markets benefits out is positive externalities.
Answer:
$200,000
Explanation:
Suppose when the price of coffee beans goes from $1 to $1.20 per pound, production increases from 90 million pounds of coffee beans to 110 million pounds per year. Using the mid-point method, the percentage change in quantity supplied is $200,000.
The midpoint method is an advancement on the average method by one step.
Rather than calculate change by the difference in two numbers divided by the number before the change, you rather divide by the average of the two numbers i.e. x2 - x1 / [(x2+x1) / 2]
Change in Quantity = 110 - 90 / [(110+90)/2] = 0.2 million which is 200,000