Answer:
A side benefit of international trade is that it links national interests and increases the opportunity costs of war.
True
Answer:
1.Slow Economic Growth
2.An Increase in Population
3. Slow Growth of Industrialisation
Answer:
The correct answer is: D. beach towel production is not allocatively efficient but is productively efficient.
Explanation:
Production costs are the night terror that keeps many business owners awake. These costs seem to have a mind of their own and the only solution is to keep track of them to keep them under control. A successful entrepreneur must find a way to operate his business efficiently and profitably to always be aware of production costs. And for this, it is best to track expenses to see if labor, materials or overhead are exceeding the amounts allocated in a budget at each stage of production.
Answer:
differential analysis:
No further process Process further Differential
amount
Sales revenue $410,000 $1,213,400 $803,400
Production costs ($340,000) ($580,000) ($240,000)
Operating income $70,000 $633,400 $563,400
The company should process further and sell products B and C because its operating income will increase by $563,400.
Answer:
Total= $ 321.25
Explanation:
Giving the following information:
Each surfboard consists of 30 separate parts totaling $ 155 direct materials and requires 3 hours of machine time to produce.
Materials handling: Number of parts $ 3.75 per part
Machining: Machine hours $ 2.00 per machine hour
Assembling: Number of parts $ 1.50 per part
Packaging: Number of finished units $ 2.75 per finished unit
Total manufacturing cost:
Direct materials= 155
Materials handling=$ 3.75* 30= $112.5
Machining: $ 2.00*3= 6
Assembling: $ 1.50*30= 45
Packaging: $ 2.75
Total= $ 321.25
