Answer:
a) DM Windshield
(b) DM Engine
(c) DL Wages of assembly line worker
(d) MO Depreciation of factory machinery
(e) MO Factory Machinery lubricants
(f) DM Tires
(g) DL Steering wheel
(h) MO Salary of painting supervisor
Explanation:
Direct materials (DM) are those materials and supplies that are consumed during the manufacture of a product, and which are directly identified with that product.
Direct labor (DL) is production or services labor that is assigned to a specific product, cost center, or work order.
Manufacturing overhead (MO) is all indirect costs incurred during the production process.
(a) DM Windshield
(b) DM Engine
(c) DL Wages of assembly line worker
(d) MO Depreciation of factory machinery
(e) MO Factory Machinery lubricants
(f) DM Tires
(g) DL Steering wheel
(h) MO Salary of painting supervisor
The answers to the blanks provided above are DECREASES and INCREASES, respectively. This is based on the concept of what a business cycle is. What happens during recession is that they try to restore the economy by expansion, and therefore, through this, the government increases their spending and cutting taxes as well.
Answer:
12 and 20, has
Explanation:
The semiconductors sector is the best for U.S. export as well, and ensure a lot of American jobs, innovation, and growth. You will find a quite busy semiconductor manufacturing sector in USM and there is an extensive foreign market that led to semiconductor perennially, and hence ranking as among the US top export sector. Considering no international trade the price of the semiconductor is supposed to be 12 and 20 billion dollars worth semiconductors annually that are being bought and sold inside the US. And the US certainly has comparative advantages in producing semiconductors.
Answer:
Option (A) is correct.
Explanation:
(i) Competitive market
(ii) Single price monopoly
(iii) perfect price discrimination
Consumer surplus are the highest in the perfectly competitive market conditions as compared to single price monopoly because prices are determined by the market forces and firms are the price taker.
Consumer surplus is zero when there is a perfect price discrimination because price is charged according to the willingness of the consumer.
Answer:
To find the opportunity cost of capital for a safe investment, managers and investors look at current interest rates on safe debt securities.
Explanation:
Opportunity cost of capital refers to the return that could have been earned by investing in another investment opportunity with comparable risk.
