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3 years ago

10

What is the opportunity cost of producing a car in canada? what is the opportunity cost of producing a bushel of wheat in canada

? explain the relationship between the opportunity costs fo the two goods?

1 answer:

Lostsunrise [7]3 years ago

5 0

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Compute the amount of raw materials used during November if $31,500 of raw materials were purchased during the month and if the

mezya [45]

Answer:

Raw materials used during November was $34,800.

Explanation:

The formula for Raw Materials Used is given below:

Opening Raw Materials + Purchases - Closing Raw Materials = Raw Materials Used

Putting Values:

⇒ Raw Materials Used = 7,600 + 31,500 - 4,300 = $34,800.

Thanks!

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3 years ago

As a researcher, what would you do if you set to reject the null and found the null to be true?

soldi70 [24.7K]

Set the significance level of the probability of making a type error to be small 0.01, 0.05, or 0.10 compare the P value to if the P value is less than or equal to reject the no hypothesis in favor of the alternative hypothesis.

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3 years ago

Please be my dad? yes or yes?

iogann1982 [59]

Answer:

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Explanation:

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3 years ago

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Peeler's Smoothie Company has provided the following information: Sales price per unit $6.50 Variable cost per unit $2.00 Fix

Tom [10]

Answer:

contribution margin ratio. = 0.62

Explanation:

The first concep to define would be contribution margin:

$Sales Revenue - Variable Cost = Contribution Margin$

Contribution margin is the amount left after deducing the variable cost.

Now the Contribution Margin ratio would be:

$\frac{Contribution Margin}{Sales Revenue}= $Contribution Margin Ratio$

This represent how much is left per dollar of sale

So a ratio of 0.25 means that per every dollar of sales, the business generates 0.25 cent of contribution

Now that we got this clear, we proceed with the calculation:

$6.50 - 2 = 4.5 $ Contribution Margin$

$\frac{4}{6.5} = 0.6154 $Contribution Margin Ratio$

The fixed cost are irrelevant for this calculations.

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4 years ago

Overhead includes all except _____________________.

RUDIKE [14]

Answer:

variable cost

Explanation:

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3 years ago