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Alisiya [41]
4 years ago
5

Palante actually produced 8,000 units. The controller decided to compare their actual results to their budget. The following bud

get information is available: Expected Costs and Selling Price Based on 5,000 units: Variable manufacturing costs per unit $50 Fixed manufacturing costs per unit $20 Selling price per unit $80 Expected production level 5,000 units In the flexible budget, what is the total manufacturing cost? Group of answer choices $560,000 $80,000 $400,000 $500,000 $350,000
Business
1 answer:
I am Lyosha [343]4 years ago
3 0

Answer:

$500,000

Explanation:

The computation of total manufacturing cost is shown below:-

Flexible Budget Manufacturing Cost = Variable cost of Manufacturing at actual units + Estimated Fixed Manufacturing Costs at the budgeted Units

= (8,000 Units × $50 per unit) + (5,000 Units × $20 per unit)

= 400,000 + 100,000

= $500,000

So, for computing the Flexible Budget Manufacturing Cost we simply applied the above formula.

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Holding other factors constant, if food prices decline relative to the prices of other products, then the real wages of agricult
yawa3891 [41]

Answer: decrease; decrease

Explanation:

Agriculture is food production and sales, when there is a decline in prices of food it would affect the workers wages and reduce employment.

6 0
3 years ago
When Alfred Weber published his book Theory of the Location of Industries (1909), what did he select as the critical determinant
ELEN [110]

Answer:

Transportation costs.

Explanation:

Alfred Weber lamented in his theory that the industries would set up where the least cost of transportation of raw material and finished goods would incur.

  • He determined transportation costs on the basis of the difference of weight of raw material coming in and final product going out. And the proximity to the source of raw material.

4 0
3 years ago
Suppose you win the lottery and have two options: A. Take $1 million now. B. Take $1.2 million to be paid out as 300,000 now and
laila [671]

Answer:

A. Take $1 million now.

Explanation:

A. If we take $1 million now the present value of the money is $1 million.

B. If we choose to take $1.2 million paid out over 3 years then present value will at 10% will be;

$300,000 + $300,000 / 1.2 + $300,000/ 1.44 + $300,000 / 1.728

$300,000 + $250,000 + $208,000+ $173,611 = $931,944

The present value of option B is less than present value of option A. We should select option A and take $1 million now.

4 0
3 years ago
Parr Paper's stock has a beta of 1.442, and its required return is 13.00%. Clover Dairy's stock has a beta of 0.80. If the risk-
Viktor [21]

Answer:

Required rate of return on clover's stock is 8.99%

Explanation:

The required rate of return on Clover's stock can be computed using Miller and Modgliani capital asset pricing model formula given below:

Ke=Rf+beta*(Rm-Rf)

Ke is the required rate of return, the unknown

Rf is the risk free rate of return of 4.00%

beta for Clover is 0.80

Rm is the not known as well but can computed using the Parr paper's details below:

beta is 1.442

required return IS 13%

13.00%=4.00%+1.442*(Rm-4.00%)

13%-4%=1.442*(Rm-4.00%)

9%=1.442*(Rm-4.00%)

9%/1.442=Rm-4%

6.24% =Rm-4%

Rm=6.24%+4%

Rm=10.24%

Now the required return on Clover's stock can be computed

Ke=4%+0.8*(10.24%-4%)

Ke=8.99%

3 0
3 years ago
Groupon's "great coupons," which are offered to groups of consumers for products and experiences that the consumers may otherwis
maks197457 [2]

ANSWER:

perceived risk

STEP-BY-STEP EXPLANATION:

Perceived risk is the vulnerability a purchaser has when purchasing things, for the most part those that are especially costly, for instance, vehicles, houses, and PCs. Each time a purchaser thinks about purchasing an item, the individual in question has certain questions about the item, particularly if the item being referred to is profoundly evaluated

Perceived risk can incorporate the dread or potentially question a purchaser has that the item they are purchasing will neglect to play out its expected capacity. The buyer may be worried about the possibility that that on the off chance that they purchase a vehicle, the motor or different parts may glitch.

3 0
3 years ago
Read 2 more answers
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