Answer:
8,000= fixed overhead
Explanation:
Giving the following information:
Bell’s Shop can make 1000 units of a necessary component with the following costs:
Direct Materials $24000
Direct Labor 6000
Variable Overhead 3000
Fixed Overhead ?
The company can purchase the 1000 units externally for $39000. The unavoidable fixed costs are $2000 if the units are purchased externally.
Buy= 41,000/1,000= $41
Total Unitary cost= 24,000 + 6,000 + 3,000 + fixed overhead
41,000= 33,000 + fixed overhead
8,000= fixed overhead
Answer:
C. Bluestone Properties is permitted to charge a rent of $2,350 for 2-bedroom apartments that would rent for $2,500 in an unregulated market.
Explanation:
Rent ceiling is a form of price control which is known as price ceiling.
A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.
Rent ceiling increases consumer surplus and reduces Producer surplus.
Rent ceiling can lead to shortage of houses and emergence of black market.
Price ceiling is binding when it is set below equilibrium price.
I hope my answer helps you
Answer: Option D
Explanation: Cash flow statement is a type of financial statement which shows the sources and uses of cash for a specified period in the form of cash inflows and outflows.
Cash flow statement is used by the management to evaluate the performance and for making plans for future. It is also used by potential investors for evaluation purposes.
Government do not need cash flow to asses ability of the company. The tax obligation on a company is calculated on its income which is shown by other financial statements like income statement.
Entrepreneurs do not use distributors to purchase resources and invest in the production of goods so this statement is FALSE.
<h3>How do Entrepreneurs purchase resources?</h3>
Entrepreneurs are able to invest in the production of the goods and services they provide by using their own funds and liability.
They do not use distributors but rather foot the bills as well as getting loans to be able to engage in the purchase of resources.
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