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NeTakaya
3 years ago
6

Which of the following statements is correct? Select one: a. Supply curve A is perfectly elastic. b. Supply curve C is more inel

astic than supply curve D. c. Supply curve B is perfectly inelastic. d. Supply curve D is unit elastic.
Business
1 answer:
natali 33 [55]3 years ago
6 0

The following statement supply curve A is perfectly elastic and supply curve B is perfectly inelastic are correct.

Explanation:

If there is no response from demand to prices and supply curve is vertical then the supply is perfectly inelastic.If there is more change in demand and very less change in price and supply curve is horizontal then the supply is perfectly elastic.

If the elasticity is greater than one that indicates high change in price known as Elastic supply. if the Elasticity is less than one that indicates low change in price then it is said to be Inelastic supply.

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Goshford Company produces a single product and has capacity to produce 105,000 units per month. Costs to produce its current sal
Salsk061 [2.6K]

Answer:

Net income= $4,836,200

Explanation:

Giving the following information:

Offer:

21,000 units for $77.4

An increase in variable cost= $7.6 per unit

Direct materials $ 12.50 $ 1,050,000

Direct labor 15.00 1,260,000

Variable manufacturing overhead 14.00 1,176,000

Fixed manufacturing overhead 17.50 1,470,000

Variable selling and administrative expenses 14.00 1,176,000

Fixed selling and administrative expenses 13.00 1,092,000

Totals $ 86.00 $ 7,224,000

First, we need to calculate the effect on the income of accepting the offer:

Effect on income= 21,000*77.4 - 21,000*(12.5 + 15 + 14 + 14 + 7.6)

Effect on income= 1,625,400 - 1,325,100

Effect on income= 300,300

Net income= 84,000*140 + 300,300 - 7,224,000

Net income= $4,836,200

6 0
2 years ago
The probability that inventory will remain in stock based upon a specified level of Safety Stock is called: A. The Order-Up-To L
horsena [70]

Answer:

The answer is "Option D".

Explanation:

The system's performance is gauged only by the level of service. The quality of service specifies the percentage of such goals which should be met. That likelihood of stock remaining in inventory based on a set level of Security Stock is referred to as the service level. Ex: In a contact center, the number of calls that are addressed. That percentage of consumers who have waited less than a fixed amount of time.

4 0
3 years ago
Kankakee Cosmetics Company is planning a one-month campaign for December to promote sales of one of its two cosmetics products.
Masja [62]

Answer:

Kankakee Cosmetics Company

Differential Analysis for Moisturizer:

Relevant Costs:

Direct Materials $12.00

Direct labor $8.00

Var. Factory O/H $3.00

Var. selling expenses $2.00

Total Variable costs = $25.00

Unit Selling price = $35.00

Contribution = $10.00

Total contribution = $400,000

Advertising, etc. = $150,000

Differential Profit = $250,000

Differential Analysis for Perfume:

Relevant Costs:

Direct Materials $20.000

Direct labor $10.00

Var. Factory O/H $6.00

Var. selling expenses $3.00

Total Variable costs = $39.00

Unit Selling price = $55.00

Contribution = $16.00

Total contribution = $480,000

Advertising, etc. = $150,000

Differential Profit = $330,000

Explanation:

A differential analysis is a managerial accounting technique that considers factors that are unique to each decision and uses those factors to arrive at a decision.

It is also called incremental analysis.  In the analysis, differential revenue of each alternative and their differential costs are compared to find the alternative that yields the greater profits.

Fixed costs or sunk costs are not taken into account with this type of analysis.  Only the variable costs are considered, because they make the differences.

6 0
3 years ago
Have Americans always shared the same social and economic goals throughout history?
Elodia [21]

<u>Answer:</u>

<em>Yes, Americans always shared the same social and economic goals throughout history.</em>

<u>Explanation:</u>

The social economic segmentation of the American market. Market segmentation is the movement of distributing a widespread customer or business exchange, ordinarily consists of existent and potential clients, into sub-groups of customers which is recognized as segments which is based on the different type of shared features.

In distributing or segmenting businesses, researchers look for common features such as distributed needs, mutual interests, related lifestyles or even comparable demographic characterizations.

8 0
3 years ago
Different beverages may be absorbed a slightly different rates because of _________?
pochemuha
The drinks chemical Makeup
6 0
3 years ago
Read 2 more answers
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