Answer:
e. $ 350,000
Explanation:
Given: Total number of units= 10000.
Selling price= $60 per unit.
The material cost= $10 per fan
Labor cost= $15 per unit.
Promotion and marketing cost= $100000.
Facility expense= $80000.
Other overhead cost= $20,000.
Now, finding the variable cost of fan.
Variable cost=
Variable cost=
⇒ Variable cost=
∴ Variable cost= $250000.
Selling price=
∴ Selling price of fan is $600000.
Unit contribution=
Next find the unit contribution of each fan.
⇒ Unit contribution=
∴ Unit contribution of each fan is $350000.
Answer: The answer is b
Explanation:
Since 60minutes = 1 hour
2400 ÷ 60
= 40
The total output of cars increased by 40
The law of comparative advantage states that a country will specialise in producing commodities in which the country has greatest comparative advantage. Therefore a country will produce for export those commodities she can produce cheaply than other countries.
Answer: Quota
Explanation:
Quotas are a way of limiting the imports that a country receives. It works by placing a limit on the amount of a certain good coming into the country within a certain period of time. After the required quantity is reached, the country stops imports of that good until the next period.
The United States learnt a sharp lesson in oil dependence when in 973, Arab countries placed an embargo on the United States for supporting Israel and this caused economic crises.
Placing a quota on the amount of oil it can get from Saudi Arabia will help it reduce the chances of such an event occurring again.
I would say that the work that Benji conducted on the books of the Sanborn Corporation would be classified as a financial audit because she checked their figures, examined their accounting procedures and prepared a report so this would qualify as an audit.
Answer:
Conversation
Explanation:
According to Dean Jarley, The EXCHANGE is a place in the college where conversation happen in order to create a culture of engagement.
Dean Jarley said that 'the idea behind The Exchange is simple' because education at its highest level happens when people are given the opportunity to interact, discuss and have a conversation with some other person who has brilliant ideas to share.
Furthermore, Dean Jarley believes that the more opportunities people have to engage in such conversations, the more they are likely to exchange brilliant ideas and the more learning will occur.