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3 years ago

Country A would have an absolute advantage compared to Country B in the production of corn if

Business

1 answer:

viva [34]3 years ago

6 0

Answer:

B) Country A uses fewer resources to produce corn than Country B does.

Explanation:

An absolute advantage is a situation where a country or a company can produce some goods and services using fewer inputs compared to competitors. The company can produce more quantity of using the same amount of inputs than others. A country with an absolute advantage will manufacture a product at a lower cost than other countries or companies.

Absolute advantage enables companies and countries to gain from trade. Through specialization, a company will focus on what it can produce at a lower cost than others, and sell it. Country A has an absolute advantage if it can produce corn at a lower cost than country B.

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Kulka Corporation manufactures two products: Product F82D and Product T05P. The company uses a plantwide overhead rate based on

ipn [44]

Answer:

b. $303,000

Explanation:

The activity rate

1. Machining = $\frac{\text{total cost}}{\text{total activity}}$

$=\frac{180000}{9000}$

= $ 20 per machine hour

2. Machine set up = $\frac{\text{total cost}}{\text{total activity}}$

$=\frac{125000}{250}$

= $ 500 per set up

3. Product design = $\frac{\text{total cost}}{\text{total activity}}$

$=\frac{44000}{2}$

= $ 22000 per product

4. Order size = $\frac{\text{total cost}}{\text{total activity}}$

$=\frac{260000}{10000}$

= $ 26 per direct labor hour

Now the ABC cost (Product T05P)

1. Machining = $\text{machine hours} \times \text{activity rate}$

= 4000 x 20

= $ 80,000

2. Machine set ups = $\text{no. of set ups} \times \text{activity rate}$

= 90 x 500

= $ 45,000

3. Product design = $\text{no. of products} \times \text{activity rate}$

= 1 x 22000

= $ 22,000

4. Order size = $\text{direct labor hours} \times \text{activity rate}$

= 6000 x 26

= $ 156,000

Therefore, the total manufacturing overhead cost assigned to product T05P = 80000 + 45000 + 22000 + 156000

= $ 303,000

6 0

3 years ago

What type of wholesaler operates mainly in bulk industries like lumber, coal, and it heavy equipment

Svetradugi [14.3K]

Answer:

Drop shippers

Explanation:

When the store does not keep the product in its possession but fulfill the customers' demand by behaving as a middleman with the help of a model, it is called drop shippers. It is the reason why those stores or wholesalers can operate in bulk industries. An example of a drop shipper is a soft drinking company that uses third-party delivery services to meet the demand.

5 0

3 years ago

Which fiscal policy would be the most contractionary?  A. A $40 billion increase in taxes B. A $50 billion increase in governmen

Elena L [17]

Answer: Option (C) is correct.

Explanation:

Correct option: A $50 billion decrease in government spending would be the most contractionary fiscal policy.

A. Increase the taxes by $40 billion is also a contractionary fiscal policy but it doesn't have a greater impact than decreasing the government spending by $50 billion.

B. It is an expansionary fiscal policy.

D. There are both expansionary fiscal policy by decreasing taxes by $10 billion and contractionary fiscal policy by decreasing government spending by $40 billion. But it doesn't have much impact as the option (C) is having.

Therefore, Option (C) is having the most contractionary fiscal policy.

5 0

3 years ago

________ refers to the impaired decision making that occurs in a team when making the right decision is less important than main

aleksandrvk [35]

Answer:

competition

Explanation:

team members be competing against each other

5 0

2 years ago

A record of payroll infornation including computation of gross and net pay, for each employee for the pay period is called a:___

suter [353]

A record of payroll infornation including computation of gross and net pay, for each employee for the pay period, is called a payroll register

A payroll register is a tool that records each employee's payroll information (gross pay, deductions, withholding tax, net pay, and other payroll-related information) for each pay period and pay date.

TERMS USED IN THIS SENTENCE (33) Accounts Payable Clerk checks payroll for accuracy and produces cash receipts for payroll amounts. Employee checks are drawn from this account and are used only for payroll purposes. Before you can cash your paycheck, you must transfer funds from your general cash account.

A payroll book is a printed or electronic spreadsheet that records key employee payroll information for a specific payroll period. Extension definition. A payroll book helps employers conveniently track employee payroll information.

Learn more about net pay here: brainly.com/question/4356180

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5 0

1 year ago