D. $137; $100
The base year cost is $100. 37% of this is $37 so the total cost of the basket of goods is $137.
<span>A company's had fixed interest expense of $5,000, its income before interest expense and income taxes is $17,000, and its net income is $9,400. the company's times interest earned ratio equals to 3.4 times.
$17000 / $ 5000 = 3.4 times</span>
Answer: Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.
Explanation:
x- Number of Yellow cakes
y- Number of Strawberry cakes
Time constrain is given by
Revenue is given by,
At the vertices, revenue is
At (0,0)
TR = $0
At (0,150)
At (225,0)
Therefore, Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.
To solve this question, we need to do a substitution formula on both equations
Burger + Fries = $ 2.20
Burger - Fries = $ 2.00
________________________ -
2 Fries = $ 0.20
Fries = $ 0.1
Answer: C - direct labor and manufacturing overhead.
Explanation: Conversion costs are costs incurred in bringing raw materials to finished products. Its a cost that includes direct labour and manufacturing overheads because they both relate directly to the conversion of the raw materials to finished products.
