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4 years ago

Why does economics exist?

Business

2 answers:

aleksley [76]4 years ago

6 0

deals with the production, distribution, and consumption of goods and services.

Nataliya [291]4 years ago

3 0

Because Goods production

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The following materials standards have been established for a particular product: Standard quantity per unit of output 4.2 pound

Maru [420]

Answer: $18,224 unfavourable

Explanation:

The materials quantity variance for the month will be calculated thus:

= Standard Cost per unit × ( Actual materials Used - Actual output)

= 13.4 × [( 4,300 - 700) × 4.2]

= $18,224 unfavourable

Therefore, the materials quantity variance for the month is $18,224 unfavourable

8 0

3 years ago

Anew Health Care Company reports net income of $210,000 and Depreciation Expense of $24,000 for the year ending December 31, 20

Fiesta28 [93]

Answer:

$344,000

Explanation:

2018 2019 Change

Amount in $ Amount in $ Amount in $

Inventory 99,000.00 72,000.00 27,000.00 Total current asset 289,000.00 248,000.00 41,000.00 Accounts payable 52,000.00 42,000.00 (10,000.00)

Salaries payable 39,000.00 91,000.00 52,000.00

Amount in $

Net income 210,000.00

Add depreciation 24,000.00

Changes to current assets and liabilities

Inventory 27,000.00

Total current asset 41,000.00

Accounts payable (10,000.00)

Salaries payable 52,000.00

Net cash flows from operating activities 344,000.00 

3 0

3 years ago

What is variable cost per unit

SSSSS [86.1K]

Variable costs are the costs that change in total each time an additional unit is produced or sold. With a variable cost, the per unit cost stays the same, but the more units produced or sold, the higher the total cost. ... Although total fixed costs are constant, the fixed cost per unit changes with the number of units.

7 0

3 years ago

Read 2 more answers

Wilbert's Clothing Stores just paid a $1.20 annual dividend and increases its dividend by 2.5 percent annually. You would like t

astraxan [27]

Answer:

For 100 shares, the mount that should be paid = $1766

Explanation:

We have to calculate the price of the stock in the 4th year because the investor cannot afford the stock in another 3 years.

Price of the stock = Do + g / ke - g

Dividend in current year = $1.2

Dividend after 1 year = 1.2 +2.5% (1.2)= 1.23

Dividend after 2 years = 1.23 + 2.5%(1.23) = 1.26075

Dividend after 3 years = 1.26075 + 2.5%(1.26) = 1.29227

Price in 4th year = 1.29227 + 2.5% / (0.10 - 0.025)

=1.29227 + 2.5%(1.29227)/0.075

= 17.66

Therefore, for 100 shares, the mount that should be paid = 17.66 * 100 = $1766

5 0

3 years ago

Read 2 more answers

Balance of trade summarizes

babunello [35]

Answer:

C. The flow of goods and services.

Explanation:

Balance of trade: In Economics, the balance of trade accounts for the inflow and outflow of the goods and services in in a country for a given period, it is also called the balance of payment.

8 0

4 years ago

Read 2 more answers