Answer:
$1,440 per machine
Explanation:
The computation of the cost per machine is shown below:
= Total cost ÷ number of machine completed
where,
Total cost = Material cost + direct labor cost + manufacturing overhead applied cost + beginning work in process cost - ending work in process cost
= $15,000 + $11,000 + $7,000 + $11,000 - $8,000
= $36,000
And, the number of machine completed is 25
So, the cost per machine is
= $36,000 ÷ 25 machines
= $1,440 per machine
B. The equilibrium price is below the price ceiling.
Answer:
The correct answer is c) Increasing government spending in order to increase aggregate demand
Explanation:
Fiscal policy is based on the ideas of the economist Jhon Keynes, who says that governments could stabilize the business cycle and regulate economic output by adjusting spending and tax policies.
There are two common types of Fiscal policy: "Expansionary policies and Contractionary policies".
For this problem is necessary an Expansionary policy
<u>Spending</u>: The government may generate economic expansion through increases in spending. The government could increase employment, pushing up demand and growth.
<u>Taxes</u>: When people pay lower taxes, they have more money to spend or invest, which traduce into a higher demand
For a merchandising company, the cost of goods sold, direct materials, and commissions are <u>variable costs</u>.
<h3>What is a variable cost?</h3>
A variable cost is the cost element that remains constant per unit while the total changes. Other examples of variable costs include direct labor, variable selling and administrative expenses, including commissions and shipping costs.
Thus, for a merchandising company, the cost of goods sold, direct materials, and commissions are all examples of <u>variable costs</u>.
Learn more about variable costs here: brainly.com/question/5965421
Answer:
With reference to the above scenario, "big ideas":
could become the bases of creative and successful advertising campaigns.
Explanation:
- The 1st option is not correct as the statement "big ideas are impossible to develop as they are not applicable to retail chains" is not correct because ideas are required by every company.
- The statement which states that big ideas are only needed in advertising for consumer services is not correct as every industry needs advertising.
- The statement which states that big ideas are typically not the bases for effective advertising campaigns is also incorrect as big ideas are necessary fro effective advertising campaigns.
- Big ideas are not limited to the advertisement of business to business scenario yet they are applicable to every kind of advertisement.
- So the statement which states that big ideas can become the bases of creative and successful advertising campaigns is correct.
