Answer:
The correct answer is B.
Explanation:
Giving the following information:
Raw material= $60,000
Direct labor= $48,000
Overhead= $52,000
Premium Company started and completed 400,000 boxes.
First, we need to calculate the total manufacturing cost and unitary cost:
Total cost= Direct material + direct labor + overhead
Total cost= 60,000 + 48,000 + 52,000= 160,000
Unitary cost= 160,000/400,000= $0.4 per box
Now, we can calculate the selling price:
Selling price= Unitary cost*mark up= 0.4*1.40= $0.56
Answer:
The correct statement about the advertisement is that, it is the only potential as well as effective toll if the firm or business has the market power.
Explanation:
Advertising is the term which is stated as the medium by which the firm informs the potential customers or clients about the goods and services, arouse interest as well as induce the buyers to buy the product.
It helps in differentiate the products and also build the brand. So, in case the firm does not have the market power, then the firm would not have the no control over the quantity and the price of the product, which lead to ineffective advertising.
<span>Put all of these numbers in a line...obviously, don't put ALL of them, but enough so you can see what you're doing.
1 + 2 + 3 + ... + 297,624,985
Now put all these numbers BACKWARDS underneath that.
1 + 2 + 3 + ... + 297,624,985
297,624,985 + 297,624,984 + 297,624,983 + ... + 1
Now add the first series to the second, and you'll see that they add up to:
297,624,986 + 297,624,986 + 297,624,986 + ...297,624,986
Since there were 297,624,985 terms, the total sum here is
297,624,986 * 297,624,985
But since you added it twice, you divide it by two:
148,812,493 * 297,624,985
This is 44,290,315,996,937,605, so...yes, it is MUCH larger.</span>
<span> each model relies on a number of guess/nference or basic factors that are present in all decision situations </span>
Consumer Surplus
This is the difference between what consumers are willing and able to pay and what they actually do pay. You may be willing to spend up to $100 on a new pair of shoes but if you find the perfect pair on sale for $20 you will buy those and there will be an $80 surplus.
