Answer:
A Overhead: 180,634
B Production Cost: 214,410
C Period Cost: 71,091
Explanation:
<u>Manufacturing overhead</u>
Factory utilities 16,942
Depreciation on factory equipment 13,387
Property taxes on factory building 3,252
Indirect factory labor 49,656
Repairs to office equipment 2,179
Indirect materials 84,468
Factory repairs 2,465
Factory manager's salary 8,285
Total: 180.634
<u>Product Cost</u>
Direct labor 71, 743
Direct materials used 142,667
Total: 214,410
<u>Period Cost </u>
Sales salaries 47, 310
Depreciation on delivery trucks 4,546
Advertising 15, 712
Office supplies used 3,523
Total: 71,091
Answer:
Specialty goods are the products which require high efforts in purchasing because their cost is certainly high, consumers cant take a risk of buying them frequently, like sporting cars, high end cameras, luxury high end clothing etc. There are many industries in specialty goods in which you can see intense level of rivalry. For example, in sporting cars, you have multiple brands which have very severe kind of rivalry like Jaguar and BMW - Lexus and Lotus, they not compete in cars but they compete in their advertisements, evenest as well.
Whereas, when you consider, photographic camera industry, you will also find intense kind of rivalry between Canon and Sony, Leica and Olympus. Here they not only face direct competition from other camera brands, but they also have to face competition from the cell phone industry, which also provide high end cameras in their cell phones like iPhone, Samsung and Oppo etc.
Answer:
6.04%
Explanation:
The weighted average cost of capital (WACC) can be described as the average rate that is expected that a business will pay to finance its assets to all holders of its security.
The weighted average cost of capital (WACC) can be estimated as the summation of the products of the weight of each loan in the total loan and their interest rate for this question as follows:
Total loan amount = $1,823 + $1,533 + $644 = 4,000
Weight of loan from Wendy = $1,823 / $4,000 = 0.46, or 46%
Weight of loan from Bebe = $1,533 / $4,000 = 0.38, or 38%
Weight of loan from Shelly = $644 / $4,000 = 0.16, or 16%
Weighted average cost of capital = (46% * 4%) + (38% * 6%) + (16% * 12%) = 6.04%.
Therefore, the weighted average cost of capital for Eric is 6.04%.
Answer: D
Explanation:
Behavioral economics studies the impact of cognitive, psychological, cultural, emotional and social factors on individuals economic decisions. Behavioral economics is concerned with the extent of rationality of individuals, firms and governments. The study includes how market choices are made and the components that propel public choices.
Behavioral economics is important because it gives us an idea about how the mind of humans work. The greater the supply of a particular good, the more we use the good, the less we appreciate it. There are oceans of water and we always get water easily but there are fewer diamonds embedded and hidden in rocks which are not cheap and readily available.
Answer:
$57.11
Explanation:
$25.85 × 4 = $103.40
$15.70 × 2 = $31.40
Total cost of purchase = $134.80
6% tax = 0.06 × $134.80 = $8.09
Total cost of purchase including tax = $142.89
Change received by Blaine = $200 - $142.89 = $57.11
I hope my answer helps you