Answer:
Explanation:
.1.Scale economies in connection with urban economics (i.e., related to land use,housing, or firm location)A.2.Pecuniary agglomeration economiesA.3.Technological agglomeration economiesA.4.Retail agglomeration economiesA.5.ExternalitiesA.6.ceteris paribus assumptionA.7.A numeraire goodA.8.An efficient allocation of resources
The cost of goods manufactured at stereo corp. in the year 2017 is $285,000.
What is Manufacturing?
Manufacturing is the process of <u>turning raw materials or sections into finished goods using tools, human labour, machinery, and chemical products.</u>
Manufacturing enables companies to sell finished goods at a price higher than the cost of the materials used. Huge manufacturing allows for the mass production of goods using assembly line procedures and sophisticated technology as core assets. Manufacturing techniques that are efficient allow manufacturers to start taking advantage of scale economies of scale, generating more units at the a lower cost. Manufacturing is a vital and significant component of the economy. It entails the transformation of raw materials such as <u>ore, timber, and food </u>into finished goods such as <u>metal goods, soft furnishings, and processed foods.</u>
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Answer:
you should write it just like it says
Answer:
$624, 750
Explanation:
Purchases = 900,000
Sales = 1500000
Price index = 110%
Inventory= 189750
1,500,000 - [{($150,000 x 110%) + $900,000} - $189,750]
=1,500,000 - [($150,000 x 1.1) + $900,000] - $189,750
= 1,500,000 - (1065000 - 189750)
= 1,500,000 - 875250
=$624,750
Gross profit. = $624750
