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2 years ago

Turtle Corporation produces and sells a single product. Data concerning that product appear below:

Business

1 answer:

stealth61 [152]2 years ago

3 0

Answer:

The monthly Net Operating Income would reduce by $100 if additional funds are allocated to Marketing Expenses.

Explanation:

I have attached a screen shot of my workings, give it a look and you will have a better idea of what is going on.

Key Points:

New units to be sold are 7,210.
Variable Expense is calculate as (Sales * Percentage of Variable Expense).
A new Fixed cost of 6,700 for Marketing will be deducted.

I hope I made it very much clear for you. Feel free to ask if you have any confusion.

Thanks!

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If the Federal Reserve tightens the money supply, other things held constant, short-term interest rates will be pushed upward, a

Sophie [7]

Answer:

The statement is true

Explanation:

Tightening monetary policy or curbing money supply in an economy is a move by Federal Reserve to control inflation or bring down over-heated economic growth.

Money supply is curbed by increasing short-term interest rates, thereby increasing cost of borrowing and making borrowing less attractive to public. This increase in short-term rates, also called Federal fund rates are usually greater than long-term interest rates prevailing in the market.

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3 years ago

Page(s) 13-14 1.2. What are five foundations of economics? Arshad is trying to choose his college major. His options are physics

Marizza181 [45]

Answer:

Physics

Explanation:

Opportunity Cost

When an option is chosen from alternatives, the opportunity cost is the "cost" incurred by not enjoying the benefit associated with the best alternative choice.

Since Arshad is concerned about his mid-career salary, Physics has the highest mid-career salary among the options, therefore opportunity cost of choosing to major in communications would be Physics

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2 years ago

Zoe Corporation has the following information for the month of March: Purchases $92,000 Materials inventory, March 1 6,000 Mater

Rufina [12.5K]

,Answer:

Zoe Corporation

Statement of Cost of Good Manufactured For the Month Ended March 31

Work in Process Inventory 22,000

Direct Materials:

Materials inventory, March 1 6,000

Purchases 92,000

Less Materials inventory, March 31 ( 8,000)

Cost of Materials used in Production 90,000

Direct Labor 25,000

Factory Overhead 37,000

152,000

Total Manufacturing Cost 174,000

Less Work in Process Inventory, March 31 (23,500)

Cost of Goods Manufactured 150,500

7 0

3 years ago

Other things equal, if the prices of a firm's variable inputs were to fall: one could not predict how unit costs of production w

Paha777 [63]

The correct option is C) marginal cost, average variable cost, and the average total cost would all fall.

It is correct because if the variable cost falls, it will show its effect on marginal, average variable, and average total costs and eventually these costs will fall. The variable cost is included in the calculation of marginal and total costs. And the average variable cost is derived from total variable cost.

Variable Inputs:

The variable inputs are used in performing the production function. Variable means that can change easily, so, in production, variable inputs fluctuate according to the requirement. Variable inputs include labor, raw material, and other inputs.

Reason for incorrect answers:

Option a) is incorrect because the firm can estimate the per-unit cost after reducing input prices.

Option b) is incorrect because the average fixed does not include variable cost, so it will not fall if the variable cost gets reduced.

Option d) is incorrect because the marginal cost will change according to the change in total cost. And the total cost will fall if the variable cost falls.

Learn more about Marginal cost :

brainly.com/question/3200587

#SPJ4

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1 year ago

What are the time durations for capacity planning, and which one provides the greatest value for strategic capacity planning?

Afina-wow [57]

Answer:

Short term, medium term and long term.

Explanation:

There are three time frames or durations for capacity planning. And these are short term, medium term and long term.

It should be understood that when the management of a company is considering the time frame or duration that will provide greatest value for strategic capacity planning, long term should be the one to be considered, because it is the best for the planning. Because it is the key determinant of the competitiveness of the organization.

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2 years ago