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3 years ago

1. The level of prices and the value of money

Business

1 answer:

Marizza181 [45]3 years ago

8 0

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

In year one, the basket costs $8.00.

In year two, the price of the same basket is $7.00.

Deflation= (7/8)-1= - 12.5%

In year one, $40.00 will buy ________ baskets, and in year two, $40.00 will buy ________ baskets.

Year 1= 40/8= 5 baskets

Year 2= 40/7= 5.71 baskets

The value of money rises.

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Which of the following arguments about job analysis is most effective in order to gain the support of top managers? Group of ans

Dovator [93]

Answer:

The correct answer is letter "C": The process will help identify employee characteristics that will augment the firm's business strategy and increase the company's return on its staffing investment.

Explanation:

Job analysis is the study of the components needed to complete a job. Companies tend to use this approach to measure the investment necessary for units of production. Thus, in case an employee would like to convince top managers on reasons why to conduct a job analysis, the worker should focus informing the potential return the company could obtain in regards to the individual productivity of employees that could be increased if investing more in staffing.

7 0

3 years ago

Select cost information for Seacrest Enterprises is as follows: 1,000 units of output 5,000 units of output Total Cost/Unit Tota

gayaneshka [121]

Answer:

c. Utilities expense is a mixed cost and rent expense is a fixed cost.

Explanation:

Seacrest Enterprises

1000 units 5000 Units

Total Cost Total Cost /Unit Total Cost Total Cost/Unit

Direct materials $5,000 $5.00 $25,000 $5.00

Utilities expense $1,000 $1.0 0 $3,750 $0.75

Rent expense $4,000 $4.00 $4,000 $0.80

Direct Materials show variable Costs

Utilities expense show mixed costs

Rent Expense show fixed costs

The correct answer is

c. Utilities expense is a mixed cost and rent expense is a fixed cost.

4 0

3 years ago

Question 7 Which combination of factors would result in the lowest monthly mortgage payment? A Big down payment, a longer term l

Sauron [17]

<span>A combination of a big down payment, a longer term loan, and a lower interest rate is expected to result into a low monthly mortgage payment.</span><span />

3 0

3 years ago

You are given the following total utilities of apples and mineral water obtained by

andrezito [222]

Answer:

2 apples and 6 bottles of water

Explanation:

since Bervin earns K22, her consumption possibilities frontier is:

apple water total utils obtained

4 units 1 unit 90 + 20 = 110 utils

3 units 3 units 75 + 54 = 129 utils

2 units 6 units 55 + 90 = 145 utils

1 unit 8 units 30 + 98* = 128 utils

0 units 11 units 0 + 98* = 98 utils

The optimal combination of apples and bottles of water is 2 apples and 6 bottles of water because that combination yields the most utils.

*Since the table only states the utils obtained until the 7th unit, we must assume that any additional unit consumed will provide 0 utils.

7 0

4 years ago

Sole Mates Inc. is planning a one-month campaign for July to promote sales of one of its two shoe products. A total of $100,000

Cerrena [4.2K]

Answer:

Sole Mates Inc.

Differential analysis:

Tennis Shoe Walking Shoe

Unit selling price $85 $100

Unit production costs:

Direct materials $19 $32

Direct labor 8 12

Variable factory overhead 7 5

Unit variable selling expenses 6 10

Total variable costs $40 $59

Contribution margin per unit $45 $41

Tennis Shoe Walking Shoe Difference

Alternative 1 Alternative 2

Total contribution margin $315,000 $287,000 $28,000

Advertising costs (100,000) (100,000) 0

Total income (loss) ($215,000) $187,000 $28,000

Promote the Tennis Shoes (Alternative 1) because it will bring in more contribution margin than Alternative 2.

Explanation:

a) Data and Calculations:

Budgeted advertising costs = $100,000

Tennis Shoe Walking Shoe

Unit selling price $85 $100

Unit production costs:

Direct materials $19 $32

Direct labor 8 12

Variable factory overhead 7 5

Fixed factory overhead 16 11

Total unit production costs $50 $60

Unit variable selling expenses 6 10

Unit fixed selling expenses 20 15

Total unit costs $76 $85

Operating income per unit $9 $15

3 0

3 years ago