All categories

4 years ago

Google: What are the different types of mindmaps?

1 answer:

4 0

Library mind maps for information organizing. Presentation mind maps for presenting ideas and projects. Tunnel timeline mind maps for organizing or making a project plan

You might be interested in

Polk Company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are i

wariber [46]

Answer and Explanation:

The computation is shown below:

1. Calculation of the equivalent units

<u>Particulars Physical units % Material % Conversion cost</u>

Units transferred

out 900 100% 900 100% 900

Ending

work in process 600 100% 600 40% 240

Equivalent

units 1,500 1,140

2. Cost per equivalent unit is

Particulars Material Conversion cost

Beginning

inventory $750 $600

Cost during

period $2,400 $2,820

Total cost $3,150 $3,420

Divided by

Equivalent

units $1,500 $1,140

Cost per

equivalent unit $2.1 $3

3. Transferred out cost is

= (3 + 2.1) × 900

= $4,590

And, the ending work in process cost is

= (600 ×$2.1) + (240 × $3)

= $1,960

2. Now the preparation of the production report is presented below:

Beginning work in process $1,350

Cost during period $5,220

Total cost accounted for $6,570

Transferred out cost $4,590

Ending work in process $1,960

Total cost accounted as $6,570

3 0

3 years ago

The Coase theorem states that A) the private sector will fail to produce the efficient amount of a public good because of the fr

Sonja [21]

Answer:

Explanation:

One of the problems in economics is the allocation of goods in the presence of externalities. When externalities are present allocation of goods in private market won't be efficient because private parties won't internalize them and would arrive to an inefficient outcome. For many years this was an argument in favor of government intervention.

However, Ronald Coase showed that assigning property rights of the externality to one of the private parties (no matter which one) would result in an efficient outcome. This is because the parties with the property right would then internalize the cost. Then in the bargaining process private parties would reach an efficient outcome without the intervention of the government.

7 0

3 years ago

A leading beverage company sells its signature soft drink brand in vending machines for $0.87 per 12 oz. can. A vending machine

ycow [4]

Answer:

655

Explanation:

Breakeven quantity are the number of units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

$190 / ( 0.87 - 0.58) = 655.2 = 655 to the nearest whole number

8 0

3 years ago

10 . What kind of good is it? Determine whether each of the following goods is a private good, a public good, a common resource,

Kipish [7]

Answer:

Common resource

Private Good

Public Good

Explanation:

A common resource would be any limited commodity, including such water or farmland, which offers tangible advantages to consumers but which no one in specific owns or has sole rights to.

Private commodities are items that must be bought in order to be eaten, and one person's consumption forbids another individual from purchasing them.

Public good can contribute to: social interest, an useful that is both non-exclusive and non-rival.

5 0

3 years ago

.What are economies of scale? Take an analysis example

Ludmilka [50]

Answer:

The summary of the given topic is explained below throughout the following portion.

Explanation:

The production phenomenon known might be why the additional expenses you generate that for each unit, are considered as Economies of scale.
Mostly since the greater optimized production operations you develop, the further optimized they are.

Example:

Because of its scale, perhaps the company could be interested in receiving credit standards.

6 0

3 years ago