Answer:
$307,300
Explanation:
Total cost of Job 179:
= Direct material for Job 179 + Direct labor cost for Job 179 + Overhead cost for Job 179
= $30,500 + $45,000 + (2,000 × $25)
= $30,500 + $45,000 + $50,000
= $125,500
Total cost of Job 177 and Job 179:
= Total cost of Job 179 + cost of Job 177
= $125,500 + $94,000
= $219,500
Sales revenue for February:
= Total cost of Job 177 and Job 179 × Markup percentage
= $219,500 + ($219,500 × 40%)
= $219,500 + $87,800
= $307,300
Answer:
The correct answer is C.
Explanation:
Giving the following information:
$15,000 for factory managers
$18,000 for financial managers
$42,000 for company executives.
$98,000 for factory workers
$64,000 for office workers.
To calculate the labor cost we need to separate between indirect and direct labor:
Indirect labor:
Factory managers (manufactury overhead)= 15,000
Direct labor:
Factory workers= 98,000
Total labor cost= $113,000
In analyzing the gains and losses from international trade, to say that Moldova is a small country is to say that Moldova is a price taker
.
Option D
<u>Explanation:
</u>
The overall effects of world trade on the economic wellbeing of the forestry sector are significant. It was large because of the positive impact on the consumer surplus and less because of the value-added growth in the timber sectors.
A price charger is a person or organization who has no influence over the cost of a product or service. The price maker in the trading system has no impact on stock prices if it acquires or purchases goods.
Examples of pricing are often seen on agricultural (e.g. cotton, maize) and financial asset marketplace, e.g. securities, shares, etc. Precious-takers are also seen on the markets. A product controller cannot demand a premium above the current market price, as the title suggests.
Answer:
b) natural resources
Explanation:
Natural resources refer to valuable materials found beneath, above, and on the earth's surface. They are naturally occurring, meaning no human effort is required in producing them. Natural resources make a good source of wealth. Examples of natural resources are land, mineral, oils and gas, forests, water, sunlight, wind, and many others.
Anyone with access to natural resources can invest to make them marketable products. Extraction of oil and refining is an example of investing in natural resources. Processing of trees to wood, use of solar to generate power are other examples.