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lyudmila [28]
3 years ago
14

What’s a industry-wide sales volume? What’s the different of dollars and units?

Business
1 answer:
vaieri [72.5K]3 years ago
4 0

Answer:

<u><em>What’s a industry-wide sales volume? </em></u>

It is a measurement of the average of money and units sold showing  the size of an specific industry.

<u><em>What’s the different of dollars and units?</em></u>

The expresion in dollars shows the economic variatoion of the industry and in units shows how the production is growing or reducing.

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West Company estimates that overhead costs for the next year will be $3,800,000 for indirect labor and $970,000 for factory util
nalin [4]

Answer: $45 per machine hour

Explanation:

Company uses machine hours as its overhead allocation base and there were 106,000 machine hours planned.

The overheads are $3,800,000 for indirect labor and $970,000 for factory utilities.

The rate will therefore be;

= Total Overhead / Machine hours

= (3,800,000 + 970,000) / 106,000

= $45 per machine hour

3 0
3 years ago
Complete the statements and then calculate the change in consumption. The consumption function shows the relationship between co
White raven [17]

Answer:

Disposible income.

Marginal propensity to consume.

Disposible income, marginal propensity to consume.

The consumption will increase by  $800

Explanation:

The consumption function shows the relationship between consumption spending and disposible income.

The slope of the consumption function is the marginal propensity to consume.

Changes in consumption can be predicted by multiplying the change in disposible income by the marginal propensity to consume.

Given:  MPC = 0.80

           Disposible income increases by $1,000

consumption increase =  0.80*$1000

                                     = $800

Therefore, The consumption will increase by  $800.

7 0
3 years ago
The Playa Company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). R
nikklg [1K]

Answer:

Particulars                                      2021                2022                    2023

Beginning Inventory                        <u>277</u>                <u>253</u>                         235

Cost of Goods sold                          633                623                        <u> </u><u>586</u>

Ending inventory                             <u> </u><u>253 </u>              235                          220

Cost of good available for sale       886                <u>876</u><u> </u>                         806

Purchases                                         640                <u>623 </u>                         595

Purchase discounts                           20                   17                            <u>26</u>

Purchase returns                               26                   32                            16

Freight-in                                            15                    34                            18

Explanation:

There are few missing values which are calculated using back solving technique. These values are bold and underlined. Playa Company has missing information for its three year accounts.

Available for sale = Beginning inventory + Net Purchases

Cost of Goods Sold =  Cost of good available for Sales - Ending inventory

Ending inventory = Cost of Goods available for Sales - Cost of Goods Sold.

Net purchases = Gross purchases + Freight in - Purchase discount - Purchase return

8 0
3 years ago
Describe four areas of self-esteem discussed in the text and provide an example of each
Alex Ar [27]

Answer:

la respuesta correcta es jdjfhf

5 0
3 years ago
Read 2 more answers
Which of the following is an example of money as a unit of account?
Savatey [412]
The answer is lending your bestfriend 25 dollars to buy a guitar.
Unit of costs is the amount incurred by a particular company to be able to produce, store and sell the number of the same products. In the given example. 25 dollars is the cost of the guitar or the unit of costs.
8 0
3 years ago
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