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2 years ago

14

Another way to achieve the same goals as minimum wage and rent control (without keeping markets from reaching equilibrium levels

) is to increase _____ directly.
A.) personal income
B.) prices of goods
C.) government taxes

2 answers:

LekaFEV [45]2 years ago

8 0

A.) personal income
with you using your own money nothing deducts or raises money for rent or wage.

Luden [163]2 years ago

6 0

Personal income is correct ladies and gentleman.

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A company makes necklaces with attached letters. Department A manufactures the necklace chains and letters ahead of demand. Depa

beks73 [17]

Answer:

Option (b) make-to-stock, assemble-to-order.

Explanation:

The reason is that the department A manufactures the product not B which means the make to stock is the primary function of Department A only. Once the necklaces are ready the Department B is ordered by the Department A to print names which is order dependent task and not associated with manufacturing (is associated with assembling). Hence the is the primary function of Department B is Assemble-to-order.

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3 years ago

Cherokee Inc. is a merchandiser that provided the following information: Number of units sold 20,000, Selling price per unit $30

Firdavs [7]

Answer and Explanation:

1. Income Statement as on (-----)

<u>Particular Amount</u>

Sales(20000 x $30) $600,000

Less: COGS $160,000

inventory = $24,000

Less :End inventory = $44,000

<u>Add :purchases $180,000 </u>

Gross Profit $440,000

Less: Fixed expenses $70,000

<u>($40,000+$30,000) </u>

$370,000

Less variable Expenses $120,000

(20,000 x $4) = $80,000

<u>(20,000 x $2) = $40,000 </u>

<u>Net Profit $250,000</u>

<u></u>

2. Contribution Format Income Statement

<u>Particular Amount</u>

Sales(20000 x $30) $600,000

Less : Variable Expenses

COGS(24000+180000-44000) $160,000

Selling Expenses(20000x$4) $80,000

<u>Administrative exp (20000x$2) $40,000</u>

Contribution $320,000

Less: Fixed Expenses

Selling exp $40,000

<u>Administrative exp $30000</u>

<u>Net Profit $250,000</u>

8 0

2 years ago

"Free" items only cost the company that gives them away.<br> O A.<br> True<br> OB. False

Semmy [17]

Answer:

A. True

Explanation:

8 0

2 years ago

Read 2 more answers

Only three airlines fly from San Francisco to Medford, Oregon. No new airline will enter this market, because there are not enou

I am Lyosha [343]

Answer:

a) Oligopoly

Explanation:

The oligopoly is a market structure which characterized by the presence of a few large companies producing homogeneous or differentiated products

In this market, there are few sellers plus there is also a barriers for entering the new firms in the market. Also, the prices are normally fixed in this market because due to the competitors as they are fear of price war

So in the given question, it indicated the oligopoly scenario

8 0

2 years ago

Roy Company manufactures a product in Departments A and B. Materials are added at the beginning of the process in Department B.

slamgirl [31]

Answer:

Number of equivalent units= 18,000

Explanation:

Giving the following information:

Conversion costs for Department B were 50% complete concerning the 6,000 units in the beginning work in process and 75% complete for the 8,000 units in the ending work in process. A total of 12,000 units were completed and transferred out of Department B during February.

With the information provided, we can calculate the number of equivalent units of the period.

Beginning work in process = 6,000*0.5= 3,000

Units started and completed = 12,000 - 3,000= 9,000

Ending work in process completed= 8,000*0.75= 6,000

Number of equivalent units= 18,000

6 0

3 years ago