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Burka [1]
3 years ago
8

At the equilibrium price, Multiple Choice there are forces that cause price to rise. quantity supplied may exceed quantity deman

ded or vice versa. there are no pressures on price to either rise or fall. there are forces that cause price to fall.
Business
1 answer:
Vilka [71]3 years ago
8 0

Answer:

There are no pressures on price to either rise or fall.

Explanation:

Equilibrium price refers to the market price at which the amount of quantity supplied is exactly equal to the amount of quantity demanded. At this point, the market supply curve and the market demand curve intersect each other.

This price would be determined by the  market forces such as demand and supply of the goods.

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John House has taken a $250,000 mortgage on his house at an interest rate of 6 percent per year. If the mortgage calls for 20 eq
stiks02 [169]

Answer:

$21,796.14

Explanation:

Use the Time Value of Money techniques to calculate the amount of each installment (PMT)

PV = $250,000

i =  6 %

n = 20

P/yr = 1

FV = $0

PMT = ?

Using a Financial calculator to input the values as above, each annual instalment/payment will be $21,796.14.

8 0
3 years ago
Explain why employers need to satisfy the principles of 'clarity' and 'challenge' when setting goals..
Elenna [48]

Goals need to have clarity so that there is no misunderstanding of what is expected. There should be clear measurable outcomes that help employees stay o track.

Goals should be challenging enough to make employees work but should not be unreasonable. This helps employees feel important and that they are not just completing menial tasks.

3 0
3 years ago
What is the ultimate goal of any marketing communication k
PIT_PIT [208]

Answer:

the ultimate goal of marketing communication is tho increase sales of your company's products and services

3 0
3 years ago
Problem 5-15 Comprehensive Problem-Weighted-Average Method [LO5-2, LO5-3, LO5-4, LO5-5] Sunspot Beverages, Ltd., of Fiji uses th
Alla [95]

Answer:

1.                                Blending Department

                       Equivalent units of production (EUP)

                                      Units   %material   EUP     %Conversion    EUP

Units Completed and  160000  100%      160000     100%           160000

transferred out

Units of Ending work   40000   100%        40000      25%            10000  

in process

Equivalent units of production                200,000                     170,000

2. Cost per Equivalent unit

                                                               Material    Conversion

Cost of Beginning Work in Process     $25,200      $24,800

Cost added during June                       <u>$3,34,800   $238,700 </u>

Total Costs                                             $360,000   $263,500

/Equivalent units of Production             <u>  200000      170000  </u>

Cost per Equivalent unit of Production <u> $1.80           $1.55</u>

<u></u>

3. Cost of ending WIP                

                                                    EUP     Cost per EUP   Total Cost

Material                                     40000          $1.80            $72,000

Conversion                                10000           $1.55           <u>$15,500</u>

Total Ending work in process                                            <u>$87,500</u>

<u></u>

4. Cost of Units Transferred Out

                                        EUP Cost per EUP    Total Cost

Material                          160000           $1.80           $288,000

Conversion                     160000           $1.55          <u>$248,000</u>

Total transferred out                                                <u>$536,000</u>

<u></u>

5.                    Blending Department

                Cost Reconciliation Report  

Particulars                                        Amount

Costs to be accounted for

Cost of beginning WIP inventory   $50,000

($25200+$24800)  

Cost added to production              $573,500

($334800+$238700)                       <u>                   </u>

Total Cost to be accounted for     <u>$623,500</u>

<u> </u>

Costs accounted for as follows:

Cost of unit transferred out $536,000

Cost of Ending WIP              <u>$87,500</u>

Total cost accounted for     <u>$623,500</u>

6 0
3 years ago
Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (8,500
FinnZ [79.3K]

Answer and Explanation:

The calculation of the revised net operating income per month in the following cases:

1. The sales volume increases by 50 units.

Sales revenue (8,550 units × $31) $265,050

Less: Variable expenses (8,550 units × $19) $162,450

Contribution margin $102,600

Less: Fixed expenses $55,200

Net operating income $47,400

2. The sales volume decreases by 50 units.

 Sales revenue (8,450 units × $31) $261,950

Less: Variable expenses (8,450units × $19) $160,550

Contribution margin $101,400

Less: Fixed expenses $55,200

Net operating income $46,200

3. The sales volume is 7,500 units.

 Sales revenue (7,500 units × $31) $232,500

Less: Variable expenses (7,500 units × $19) $142,500

Contribution margin $90,000

Less: Fixed expenses $55,200

Net operating income $34,800

6 0
3 years ago
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