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3 years ago

When an economy is at full employment, the production possibilities frontier illustrates which principle of economics:?

1 answer:

8 0

When an economy is at full employment, the production possibilities frontier illustrates the cost of something is what you give up to get it. The production possibilities model describes that even at full employment, limited resources would only allow up to a certain amount of services and goods. It focuses on trade off and opportunity costs.

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A tractor to help with farm work would be an example of what kind of economic resource?

Ymorist [56]

D. A human resource

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3 years ago

Which of the following is a way to use credit responsibly? Question 1 options: Paying only the minimum payment each month Unders

SSSSS [86.1K]

Understanding the accounts interest rate

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3 years ago

Please hep me solve this thank you!Tevebaugh Corporation is a manufacturer that uses job-order costing. The company closes out a

jarptica [38.1K]

Answer:

$546,750

Explanation:

Sales 2,498,000

COGS (1,376,000)

gross profit 1, 112,000

S&A salaries (219,000)

other S&A (346,000)

underapplied MO (10,250) *

net income 536.750‬

*we need to compare the actual voerhead with the applied overhead:

actual overhead: 176,000 + 420,000 = 596,000

applied overhead:

overhead rate:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

568,000 / 32,000 = 17.75

33,000 x 17.75 = 585.750

overhead

debit credit

596,000 585,750

10,250 underapplied overhead

As the applied was lower it is underapplied we need to recognzie more cot thus, the net income decrease.

4 0

3 years ago

3. What advantages will Dr. Olsen's responsibility as manager of Physician and Patient Services provide to your project

vlada-n [284]

Answer:

The potential benefits of this type of situation are articulated below.

Explanation:

This could help throughout the knowledge of quality health services or could update new policies and procedures on health organizations that will be of benefit to something like the construction process.
Might well encourage you to understand how to manage financial affairs. What about an offer to customers, expenses, and so on.

6 0

3 years ago

Torque engine company is considering opening a plant in china. it will cost $3,500,000 to set up the plant and $800,000 to tra

Yanka [14]

In the given problem the company is considering opening a plant in China which shall provide the anticipated gross profit of $4,500,000. The costs of the project include

$3,500,000 to set up the plant and $800,000 to train employees, and an additional $160,000 to build relationships with the local suppliers.

So the total cost of project is 3,500,000+800,000+160,000 = $4,140,000

Now the net benefit from the project shall be 4500,000 – 4140,000 = $360,000

Hence we can say that the benefits outweigh the costs by $360,000.

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3 years ago