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Romashka [77]
2 years ago
9

Suppose that when the price of a 16 oz. to-go cup of gourmet coffee is $4.25, students purchase 750 cups per day. if the price d

ecreases to $3.75 per cup, which of the following is the most likely outcome?
Business
1 answer:
KIM [24]2 years ago
7 0
The outcome that is expected is that the students would purchase more than 750 cups per day. This is a good selling strategy because it raises the belief that they are buying more and it is cheaper. The result is that the business will have better outcomes and the incomes will increase. Not to mention that the clients will prefer same quality of cofee for a "cheaper" price. 
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Howrley-David, Inc., manufactures two models of motorcycles: the Fatboy and the Screamer. Both models are assembled in the same
Greeley [361]

Answer:

<em>Cost per Unit  Fatboy= $  27800 </em>

<em>Screamer Cost per unit =  $3779.80   </em>

Explanation:

Howrley-David, Inc.

                               

                                        Fatboy             Screamer           Total

Units Assembled               990                 1,980                  2,970

Materials cost per unit      $ 2,600        $ 3,600

Material Costs                   2574000         7128000  

Other costs:

Direct labor                          $1069200       2138400      $ 3,207,600

Indirect materials                                                                 534, 600

Other overhead                                                                  <u>  1,603,800</u>

FoH                                     712800           1425600           2138400

Total Costs                          2752,2000    7484000

<u>No of units                             990                1980</u>

<u>Cost per Unit                       27800              3779.80   </u>

The total costs have been added and then divided with the number of units to get the cost per unit.

Direct Labor Costs  =Total Direct Labor Costs/ Total number of units* required number of units

DLC for Fatboy= $ 3,207,600 /2970 *990= $1069200

DLC for Screamer= $ 3,207,600 /2970 *1980= 2138400

FActory Overheads = Total Factory Costs/ Total Units ( Required Units)

FOH for Fatboy=  534, 600 +1,603,800/2970 * 990= 712800

FOH for Screamer = 534, 600 +1,603,800/2970 * 1980=  1425600

6 0
3 years ago
7. Which of the following is NOT a function of money * 3 points A Unit of account B Store of value C Protection against inflatio
Nuetrik [128]

Answer:

C Protection against inflation

Explanation:

As we know that there are three functions of money i.e.

1. Unit of account

2. Store of value

3. Medium of exchange

There is only 3 functions of money that are shown above

So the protection against inflation would not be considered for the same

And, these 3 would represent the functions of money and can be treated as the unit of account, store of value and the medium of exchange

Hence, the option c is correct

5 0
3 years ago
Suppose the black market shrinks because firms shift to the formal sector, but production remains the same. GDP
nikdorinn [45]

Answer: will increase but this will not affect living standards

Explanation:

GDP is sometimes called an incomplete measure because there are certain measures that it does not include such as the black market.

If firms in the black market shift to the formal sector, they will now be included in GDP which means that GDP will increase.

The living standards of people in the country will probably not change however because the firms involved were simply shifting sectors and are not said to be more or less prosperous as a result. Assuming they remained the same, nothing changes for living standards.

4 0
3 years ago
From her sales income, barbara has subtracted cost of goods sold, operating expenses, interest expense, and taxes. what she has
Murrr4er [49]
The answer is net income
Net income is the amount of capital that the Company's made during an operational year after all relevant expenses have already been deducted.
Some amount of the net income will be shared to shareholders according to the percentage, and some of it will be put in company's capital to expand the operation.
6 0
3 years ago
Why should management increase with the size of the company?
Evgen [1.6K]

Answer:B. So that the growth can be carefully monitored and managed

Explanation: Management is an act of planing,coordinating and the executing responsibilities in order to improve efficiency.

When a company grows the number of managers are expected to increase so that the activities of the organization is effectively coordinated,growth can be properly and efficiently monitored and managed.

If growth is not efficiently monitored and managed it will hinder the overall performance of the organization.

6 0
3 years ago
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