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3 years ago

The production of small consumer goods is referred to as?

1 answer:

8 0

The correct answer is : light Industry

Since a light industry only produce small consumer goods such as clothes, shoes, hand made dolls, etc, it usually less capital oriented than the heavy industries and more consumer oriented than business oriented

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A company has $4,500 in its Revenue account at the end of a period. The expenses are as follows: Rent, $750; Utilities, $150; Sa

Alik [6]

C $975 as you minus rent etc from the revenue

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3 years ago

Read 2 more answers

Nonuniform Inputs, Equivalent Units Terry Linens Inc. manufactures bed and bath linens. The bath linens department sews terry cl

anyanavicka [17]

Answer:

For Material 80,000

For Conversion 72,000

Explanation:

The computation of equivalent units of production for the bath linens department for August is shown below:-

<u>Materials</u> <u>Conversion</u>

Units completed and

transferred out 60,000 60,000

Units in process,

August 31 20,000 12,000

(20,000 × 60%)

Equivalent units of

production 80,000 72,000

Therefore to reach out the equivalent units of production we simply added the units completed and transferred out with Units in process Aug 31 of material and conversion.

4 0

3 years ago

If your business is not efficient, where will your numbers fall on the Production Possibility Frontier?

Sergeeva-Olga [200]

Answer:

Inside the Production Possibility Frontier.

Explanation:

PPF is a curve that shows the various combination of 2 goods that an economy produces when resources are fixed. Thus, any point or bundle inside the production possibility frontier shows inefficiency in the production while the point on the production possibility frontier shows the efficient production from the available resources. But, the point outside the PPF exhibits a non-achievable point.

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3 years ago

Perth Mining Company operates two mines for the purpose of extracting gold and silver. The Saddle Mine costs $12,000/day to oper

stepan [7]

Answer:

Operate mine 1 four 4 days and mine 2 during 6 days to obtain minimum cost for the desired output of 850 gold and 18,000 silver

Explanation:

We generate the equation system on excel:

(50g + 3000s) Q_1 --> output generated on Mine 1

(75g + 1,000s) Q_2 --> output generated on Mine 2

12,000 Q1 + 17,000 Q2 = cost of the mines

we do solver to minimize the days of each mine considering a desired output of 18,000 silver and 650 gold:

and get the following:

M1 4 days output: (50g + 3000s) 4 = 200 g 12,000s

M2 6 days output: (75g + 1,000s) 6 = 450g 6,000s

Cost: 12,000 x 4 + 17,000 x 6 = 150,000

6 0

3 years ago

Your customer, age 68, that has an IRA account at your firm valued at $500,000, passes away. The customer leaves the account to

schepotkina [342]

Answer:

He should roll the funds over into a new IRA in the spouse's name

Explanation:

Since the son is expects to retire in 22 years, in which at that time he will be in need of the funds to pay for his or his Family annual living expenses the best advice I would give the son is for him to roll all the funds over into a new IRA in the name of spouse's because the IRA Account which is fully known as INDIVIDUAL RETIREMENT ACCOUNT is an individual retirement plan that can help to provides all tax the advantages that an individual needs for their retirement savings.

5 0

3 years ago