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inna [77]
3 years ago
7

Consider two points on the production possibilities frontier (PPF): point A, at which there are 50 oranges and 100 apricots, and

point B, at which there are 51 oranges and 98 apricots. If the economy is currently at point B, the opportunity cost of moving to point A is
Business
1 answer:
SSSSS [86.1K]3 years ago
5 0

Answer:

1 orange

Explanation:

Here are the options to this question :

b. 1 orange.

c. 98 apricots.

d. 3 oranges.

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all of its resources are fully utilised.  

As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

If the economy moves to point A, it would be giving up

51 - 50 = 1 oranges

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Wheeler’s Bike Company manufactures custom racing bicycles. The company uses a job order cost system to determine the cost of ea
Westkost [7]

Answer:

See answers below

Explanation:

1 The predetermined overhead rate

= Cost of manufacturing overhead / Cost driver.

Where cost driver

= labor cost / labor rate

= $240,192 / $12.51

= 19,200 hours

Expected overhead

= depreciation + supervisor + supplies + property tax

= 56,500 + 140,000 + 46,400 + 27,750

Total overhead = 270,650

Overhead rate = 270,650 / 19,200

= 14.10 per hour

2. The amount t of applied overhead for of 18,500 actual hours were worked on

= 18,500 hours × $14.10

= $260,850

7 0
3 years ago
Suppose that you are a bicycle producer. In 2 or 3 sentences, explain why you are willing to supply the most bicycles at the hig
kirill [66]
I think the only reason that Im willing to supply the most bicycle at the higher price depends on the demand and the competition, if the competition has low and the demand is high, I would sell it in high price. I hope you are satisfied with my answer and feel free to ask for more if you have question and further clarifications 
5 0
3 years ago
Read 2 more answers
Select the statements that describe working with text in presentation programs.
kykrilka [37]
Here are the statements that describe working with text in presentation programs: 1. Working with text in presentation programs is similar to working with text in other applications. 3. Audience size influences font size. and; <span>4. Font size and font color can be changed in presentations. Hope this helps.
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3 years ago
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Which Public Health Service (PHS) organization is responsible for monitoring organizational compliance with PHS Policy?
alina1380 [7]

Answer:

correct answer is Office of Laboratory Animal Welfare (OLAW)

Explanation:

PHS (  Public Health Service ) is an agency which involves animals for use in the department of health and human service  

and (OLAW)  the Office of the Laboratory Animal Welfare is the responsible

for the monitor in compliance with Public Health Service policy and

their guidelines

and  Office of the Laboratory Animal Welfare relies very important for the animal research

so correct answer is Office of Laboratory Animal Welfare

5 0
3 years ago
Tyler Industries currently manufactures one of its crucial parts at a cost of $4.50 per unit. This cost is based on a normal pro
lora16 [44]

Answer:

$175,000

Explanation:

Given:

Per unit cost of manufacturing = $4.50

Normal production rate = 50,000 units per year

Direct materials and direct labor costs = $2.50 per unit

Incremental overhead costs = $50,000 per year

Allocated fixed overhead costs = $50,000 per year

Quoted price = $3.70 per unit

Now,

total relevant cost per unit

= Direct materials and direct labor costs + (allocated fixed overhead costs ÷ Number of units to be made )

= $2.50 + \frac{50,000}{50,000}

= $2.50 + $1

= $3.50

Therefore,

Total relevant cost of making 50000 units

= $3.5 × 50,000

= $175,000

3 0
3 years ago
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