For Q1, you have to set these equations equal to each other because it is asking how much of x is necessary to make the same amount of y, so:
3995 + 225.50x = 6500 + 100.25x
solve for x:, and get x=20
so 20 tons of sugar will give the companies the same cost.
For Q2: you need to plug in x=20 into either one of the original equations, and solve for y because this will give you the cost of transportation, so:
y= 3995 + 225.50(20)
y=$8,505 for the total cost
If a public offering of new stock is initially priced too high relative to market demand, the result would be a <u>surplus of shares which will cause prices to fall.</u>
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This is because the initial price of a new inventory is just too high relative to market demand, which means, overpriced. Then human beings will not buy those stocks because of the high charge. As an end result, there might be less call for than supply, which reasons downward pressure on the price of the shares.
Market demand is how an awful lot of consumers want a product for a given period of time. Market demand is determined by a few elements, such as the number of human beings looking for your product, how awful lot they're willing to pay for it, and what sort of your product is to be had by consumers, each from your business enterprise and your competitors.
Market demand influences organizations and consumers alike by means of figuring out manufacturing and assisting with manual opposition within the marketplace. It's miles essential for organizations to be privy to the market demand to help layout, create and advertise services and products to customers if you want to meet demand.
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1. Dr Merchandise inventory 25100
Cr Accounts payable 25100
(To record purchase of inventory on account)
2. Dr Merchandise inventory 530
Cr Cash 530
( To record freight cost )
3. No entry
4. Dr Accounts payable 3600
Cr Merchandise inventory 3600
( To record purchase return)
5. Dr Accounts payable ( 25100-3600) 21500
Cr Cash 21500
(To record paid the amount due).
Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to build a new office complex. This is an example of foreign <u>portfolio</u> investment in Argentina.
The following are the policies that are consistent with the goal of increasing productivity and growth in developing countries:
b. Providing tax breaks and patents for firms that pursue research and development in health and sciences.
c. Protecting property rights and enforce contracts.
<u>Explanation</u>:
A foreign portfolio investment is the investment made by a foreigner in the form of purchase in country’s stock and bond markets or deposit of money in bank.
Foreign portfolio investment is important because it gives high risk-adjustment return to the investors. The investors get the opportunity to engage in international diversification of portfolio assets.
The growth of the developing countries can be increased by enforcing contracts and providing patents for the firms that deal with research and development in health and sciences.
Answer:
Unitary cost= $11.2
Explanation:
Giving the following information:
Estimated overhead= $30,000
Estimated machine-hours= 150,000
It takes 6 machine hours per bicycle, a direct material cost of $5 per bicycle, and direct labor of $5 per bicycle.
First, we need to calculate the predetermined overhead rate:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 30,000/150,000
Predetermined manufacturing overhead rate= $0.2 per machine hour
Now, we can determine the unitary cost:
Unitary cost= 5 + 5 + 0.2*6= $11.2
