Suppose there is a decrease in the price of butter.There will be an increase in demand for bread.
<h3>Option (B) is correct</h3>
<u>Explanation:</u>
Bread and butter are complementary goods. They are demanded and consumed together. So their demand are positively correlated which means an increase in demand of one will lead to the same increase the demand of other
If the Price of butter decreases, it will lead to an increase in the demand for butter. With the increasing demand for butter, the demand for bread will automatically increase. Both demands will move in the same direction.
Answer: $450,000
Explanation:
From the question, we are told that the activity rate for Machining is $150 per machine hour, and the activity rate for Inspection is $560 per batch and that Product X has machine hours of 3,000.
Machining cost assigned to poduct X will be gotten by multiplying the machine hours by the activity rate per machine hour. This will be:
= 3000 × $150
= $450,000
Reoccurring problem because non of the other problems would make sense in this type of situation
Answer:
Net capital spending = 70,200
Explanation:
Net capital spending tells us how much the company has spent on acquiring fixed assets during the year, therefor provides an indication of the growth in the company’s fixed assets.
Net capital spending = Fixed assets at the end of the year – fixed assets at the beginning of the year + depreciation
Net capital spending = Increased or decreased in fixed Assets + depreciation
In Blue Fin Marina´s case:
Net capital spending = Increased or decreased in fixed Assets + depreciation
Net capital spending = 28,600 + 41,600
Net capital spending = 70,200
