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3 years ago

Suppose we have a 2-person world, with only Stephen and his friend LeBron. Suppose that Stephen can move 70 boxes or bake

Business

2 answers:

USPshnik [31]3 years ago

7 0

Answer:

the correct answer would be D No, trade isn't possible, because Stephen has an absolute advantage in both making cookies and moving boxes.

Explanation:

Stephen can move 34 more boxes/hr and bake 19 more cookies/hr than Lebron can.

Anvisha [2.4K]3 years ago

6 0

D. No, trade isn't possible, because Stephen has an absolute advantage in both making cookies and moving
boxes.

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Discuss why exploring different career options is an important step in choosing the right path in your professional life. What a

AnnyKZ [126]

1) You can get to know what career suits you the most

2) Know about the relevant options you can go for

3) Know what career suits your qualifications

4) Benefits and pros and cons

3 0

3 years ago

Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has bud

beks73 [17]

Answer:

Results are below.

Explanation:

First, we need to calculate the number of processing hours:

Processing hours= (0.25*3,000) + (0.1*6,000) + (0.3*3,500)

Processing hours= 750 + 600 + 1,050

Processing hours= 2,400

Now, we can 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= 207,000 / 2,400

Predetermined manufacturing overhead rate=$86.25 per processing hour

To allocate overhead, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Tortilla chips= 86.25*75= 64,687.5

Potato chips= 600*86.25= 51,750

Pretzels= 86.25*1,050= 90,562.5

Finally, the unitary cost:

Tortilla chips= 64,687.5 / 3,000= $21.56

Potato chips= 51,750 / 6,000= $8.63

Pretzels= 90,562.5 / 3,500= $25.88

8 0

3 years ago

A decrease in supply is caused by:

ArbitrLikvidat [17]

D it has to be.........

4 0

2 years ago

If the law of increasing opportunity costs is operable, and currently the opportunity cost of producing the 101st unit of good X

lys-0071 [83]

Answer:

C) more than 5Y

Explanation:

the opportunity cost of producing 101 units of X = 5 units of Y

if the opportunity costs increase as the number of units produced increases, then the opportunity cost of producing 201 units of X will be more than 5 unit of Y. This is simply because 5 units of Y was the opportunity cost of producing 101 units of X and the opportunity costs are increased.

4 0

3 years ago

Baden Company has gathered the following information. Units in beginning work in process 0 Units started into production 37,700

Flura [38]

Answer:

The materials equivalent units is 37,700

Conversion costs equivalent units is 32,480

Explanation:

The equivalent units of production for materials can be computed thus:

Description quantity % of completion Equivalent units

Completed units 29000 100 29000

(37700-8700)

Ending inventory 8700 100 8700

total equivalent units for materials 37700

The equivalent units of production for conversion costs can be computed thus:

Description quantity % of completion Equivalent units

Completed units 29000 100 29000

(37700-8700)

Ending inventory 8700 40 3480

total equivalent units for conversion costs 32480

I applied 100% percentage of completion to ending inventory when determining materials equivalent units and 40% percentage completion when determining equivalent units for conversion cots as it given in the question

6 0

3 years ago