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love history [14]
3 years ago
14

Susan can brew 5 gallons of root beer in an hour or she can make 4 pizzas in an hour. Becky can brew 7 gallons of root beer in a

n hour or she can make 5 pizzas in an hour. Susan's opportunity cost of making a pizza is 4 gallons of root beer. Becky's opportunity cost of making a pizza is 7 gallons of root beer.
Requried:
Who has an absolute advantage in making pizza?
Business
1 answer:
Murljashka [212]3 years ago
6 0

Answer:

Becky

Explanation:

A person has absolute advantage in the production of a good if she produces more quantities of the good compared to the other person.

Susan produces 4 pizzas in an hour while Becky produces 5 pizzas in an hour. So, Becky has an absolute advantage in the production of pizzas.

I hope my answer helps you

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In a job order cost accounting system, when goods that have been ordered are received, the receiving department personnel count
antiseptic1488 [7]

Answer:

The correct answer is letter "A": receiving report.

Explanation:

A receiving report is the document in which the goods purchased and received from a supplier are recorded. The document contains the details of the supplier, the type, price, and quantity of the goods being exchanged, and the conditions of the items. It is useful to keep the inventory updated and to eliminate the pending job orders from the records.

6 0
3 years ago
Stock R has a beta of 2.5, Stock S has a beta of 0.55, the required return on an average stock is 13%, and the risk-free rate of
avanturin [10]

Answer:

19.50%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

For Stock R

= 3% + 2.5 × (13% - 3%)

= 3% + 2.5 × 10%

= 3% + 25%

= 28.00%

For Stock S

= 3% + 0.55 × (13% - 3%)

= 3% + 0.55 × 10%

= 3% + 5.5%

= 8.50%

The difference would be

= 28% - 8.5%

= 19.50%

3 0
3 years ago
Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, and
Fiesta28 [93]

Answer:

Some financial details with which to calculate the bid price are missing,find them in the attached question.

The bid price if the predetermined overhead rates have applied is $112,473.00 as shown below

Explanation:

a) Plantwide Overhead Rate = Manufacturing overhead/direct labor cost=$1,543,610.00/$947,000.00

Plantwide Overhead Rate = $1.63

Total Manufacturing Cost = Direct Material + Direct Labor + overhead applicable

Total Manufacturing Cost = $18,700.00+$21,400.00 + $(21400*1.63 )

Total Manufacturing Cost = $ 74,982

Bid Price = Total Manufacturing Costs *1.5(150%)

Company's Bid Price = $74,982.00*1.5

Company's Bid Price = $ 112,473.00

5 0
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Given below is a list of costs associated with making a pair of Nike shoes. Some of these costs would be classified as product c
KengaRu [80]

Answer:

Product Costs

Product costs are those that are incurred due to the production process. This will therefore include costs related to Direct labor, direct materials and factory overheads.

They include:

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  • Factory machine maintenance
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  • Production labor
  • Factory maintenance workers
  • Shipping costs for materials
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Their total is therefore:

= 9 + 1 + 0.6 + 0.4 + 2.75 + 0.7 + 0.50 + 0.30

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The Uptown Bar and Grill serves Rainwater draft beer to its customers. The daily demand for beer is normally distributed, with a
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what dont get it

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