<span>Job 1 is a better choice because the annual income after housing is $65,800 but that of job 2 is $64,700.</span>
<span>Initially at Merritt's Bakery, all the labor was divide between the owners Bobbie & Larry. As the bakery grew it expanded and there were more people hired on an involved in the labor division. As they grew, Larry & Bobbie split the work with employees which included a front store sales and service manager, someone in charge of baking production, someone in charge of cake decorating, and a market director.</span>
Answer:
d. decrease and the money supply decreases.
Explanation:
If the Fed sells government bonds to the public then the money supply will be reduced in the economy and as a result the reserves will decrease.
Answer:
The break even in dollars is $23000000
Explanation:
The break even point in dollars is the amount of revenue which produces no profit or no loss and where total revenue equals total cost. The break even in dollars is calculated by dividing the fixed cost by the weighted average contribution margin ratio.
Break even in dollars = Fixed costs / Weighted average contribution margin ratio
Weighted average contribution margin ratio is the contribution margin ratio of each products multiplied by the products weight in the sales mix.
Weighted average contribution margin ratio = Weight in sales mix of Product A * contribution margin ratio of product A + Weight in sales mix of Product B * Contribution margin ratio of Product B
Weighted average contribution margin ratio = 0.65 * 0.3 + 0.35 * 0.5 = 0.37
Break even in dollars = 8510000 / 0.37
Break even in dollars = $23000000
