Answer:
B) people face trade offs
Explanation:
Resources are scarce, and that applies to every person and every organization in the world. Even the richest person or richest organization has a certain finite amount of money, time and other resources. For example, if we decide to work 12 hours a day, we will make more money, but we will also have less time o do other activities that we like.
In this case, Billie Jean only has $120 and she wants to buy both products, but she can only buy one. Whatever product she decides to buy will leave her with $0, so if she wants to purchase the other product she will need to find a job and earn some money, or if she already has a job, she will need to work more hours.
Answer:
Total product cost= $169,000
Explanation:
<u>The product cost is calculated using the direct material, direct labor, and manufacturing overhead:</u>
<u></u>
Direct materials $ 79,000
Direct labor $ 40,000
Variable manufacturing overhead $ 19,000
Fixed manufacturing overhead 31,000
Total product cost= $169,000
Answer:
$36,000 loss
Explanation:
net effect after taxes = [(operation's revenue - operation's expenses) - gain/loss resulting from sale] x (1 - tax rate)
= [($120,000 - $100,000) - $80,000] x (1 - 40%) = ($20,000 - $80,000) x 60% = -$60,000 x 60% = -$36,000 or $36,000 loss
Answer:
1a. 1400 1b.1230 1c. Equal to
Explanation:
C= 170+0.7(yd)
Y= C+I+G
=170+0.7(Y-100)+170+150
=170+0.7Y-70+170+150
Y =1400
Z=170+0.7(1400-100)+170+150
=170+910+170+150
=1400
It is equal as evident above
Answer:
Departmental overhead rates
Explanation:
The company should consider the use of departmental overhead rate, if the amount of effort and attention to products varies substantially throughout the company's various manufacturing operations. This is because its helps in providing flexibility to every department of company shall conclude which department incurred high overhead in a particular period and particular process.