Answer:
$68,000
Explanation:
The costs of goods sold ( COGS)is calculated as follows.
COGS = opening stock + Purchases - Closing stock
This was the first month of operation; hence there was opening stock.
The material used to produce 5000 units were
Direct materials $15,000 + Direct Labor $30,000 + Manufacturing overhead $40,000 = $85,000
The cost per units = $85,000 /5000 units
=$17 per units
4000 units were sold, the COGS
=$17 x 4000
=$68,000
Answer:
C. to improve control of monetary policy and to increase the information available to investors.
Explanation:
- The government regulates the financial markets for the investor as they ate fully informed and are free from the manipulation and thus the financial markets are made strong by the government and more stable for work.
Economic resources are scarce, making each consumer face an individual budget constraint. So consumers should make choices that maximize their satisfaction in the face of their budget constraints. To make the choices, consumers use their preferences. In this matter, the student organization resources available for hiring speakers is $ 20,000. That means their budget constraint is $ 20,000. Then, they should choose, from the speakers that cost up to this value, the one that generates the greatest benefit for the student group. This is a choice based on group preferences.
Answer:
A. Producers raise prices to continue to make a profit.
Explanation:
A production function demonstrates the connection between contributions of capital and work and different elements and the yields of products and enterprises. The least complex conceivable generation work is a straight creation work with work alone as an information. A production work relates physical yield of a creation procedure to physical data sources or factors of generation.