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AleksAgata [21]

3 years ago

10

Suppose the market for tortillas is initially in equilibrium, but then the equilibrium wage rate and the equilibrium quantity of

labor both increased. What happened in the market for tortilla?

1 answer:

DedPeter [7]3 years ago

7 0

Answer:

The supply of tortillas decreased

Explanation:

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Which of the following could be a synonym for the world 'externality'?

IrinaVladis [17]

I beleive the answer is C Side Effect
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4 0

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Which of the marks of good leadership do you feel is the most important? (Take your time)

Alinara [238K]

Answer: I would say communication and honesty

Explanation: I pick these to bc if you want something done you have to ask ppl around you if you don't know and being honest is trustworthy jus don't lie all the time ya feel. this is my reasons

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3 years ago

Investment companies or mutual funds that continue to sell and repurchase shares after their initial public offerings are referr

Furkat [3]

Answer:

Open end

Explanation:

Open end otherwise known as mutual fund are those investments offered through fund companies which sells shares directly to investors. In an open end fund investment, there is no limit to the number of shares that can be offered therein. The shares traded are unlimited which means that shares can be issued in as much can be backed up with funds.

The prices for open end funds are fixed once daily which shows the performance of the investment for that day hence the only price at which investment shares can be bought for that day.

5 0

3 years ago

Goodman Company's inventory records show the following data: Units 5,000 4,500 3,000 Unit Cost $9.00 8.20 7.00 Inventory, Januar

balu736 [363]

Answer:

A. 3000 units x $7 = $21000

Explanation:

FIFO (First-In-First-Out) is a method of inventory valuation where the stock that is purchased first is used first. In other words, the oldest stock is used first. This is common for perishable items which if not used up fast, will be wasted.

Jan 01 - Beginning inventory : 5000 units x $9 = $45000

Jun 18 - Purchases : 4500 units x $8.20 = $36900

Nov 08 - Purchases : 3000 units x $7 = $21000

Total inventory = 5000 + 4500 + 3000 = 12,500 units

Ending inventory = 3,000 units

Hence, inventory sold = 9,500 units

The cost of goods sold using FIFO:

5000 units x $9 = $45000

4500 units x $8.20 = $36900

COGS = $45000 + $36900 = $81900 (9500 units)

Ending inventory :

3000 units x $7 = $21000 (3000 units)

8 0

3 years ago

Chhom corporation makes a product whose direct labor standards are 0.8 hours per unit and $34 per hour. In November the company

Irina-Kira [14]

Answer:

$17,000 Favorable

Explanation:

Provided information, we have

Standard hours for each unit = 0.8 hours

Standard Rate per hour = $34

Actual quantity produced = 7,650 units

Actual labor hours used = 5,620

Actual rate per hour = $118,020/5,620 = $21 per hour

Standard hours for Actual output = 7,650 $\times$ 0.8 = 6,120 hours

Labor Efficiency Variance = (Standard Hours - Actual Hours) $\times$ Standard labor rate per hour

= (6,120 - 5,620) $\times$ $34

= $17,000 Favorable

As the amount is positive and actual hours used is less than standard hours the variance is favorable.

4 0

3 years ago