Answer:
transactional, logistical, and facilitating functions
Explanation:
Answer:
broker
Explanation:
Based on the information provided about Tim it seems that Tim's description shows that he is most likely a broker. This term refers to an individual that arranges specific transactions, usually between a buyer and a seller. Which in this situation it seems that he has brokered a lot of deals with people in the food industry which is why he has a lot of connections in this market and is able to help Lyle find buyers for his salsa.
Answer:
57 months
Explanation:
Calculation to determine How many months will it take Todd to cover the cost of the discount points if he takes the lower monthly
payments
Number of months to cover cost=(.04 x $210,000)/($1470-$1323)
Number of months to cover cost = $8400/147
Number of months to cover cost =57 months
Therefore the number of many months it will take Todd to cover the cost of the discount points if he takes the lower monthly
payments is 57 months
Answer: a. there are no incentives for Beta to engage in international specialization and trade with Alpha.
Explanation:
Beta can produce 16 oranges or 4 apples in an hour. This means that for every Apple they produce, they can produce 4 oranges;
<em>4 apples : 16 oranges</em>
<em>1 apples : 4 oranges</em>
This is the same terms of trade being offered to them by Alpha because if they sell 1 apple to Alpha they will get 4 oranges. This is the same thing they will get when they are producing for themselves alone.
An incentive would have been them getting more oranges per apple than they can produce on their own if they sacrifice one apple which is not the case. There are simply no incentives for Beta to engage in international specialization and trade with Alpha.
Answer:
Explanation:
1. prime costs: direct materials+direct labour
= $15,500+$22,000
= $37,500
2. Conversion Costs= Direct labour + Manufacturing Overheads
= $22,000+ $16,500
= $38,500
3. Product Costs = direct material+ direct labour+ manufacturing overheads
= $15,500 + $ 22,000 + $16,500
= $54,000
4. Period Costs = Selling expenses+ administrative expenses
= $6,900 + $15, 200
= $22,100
If 7,750 equivalent units are produced, what is the equivalent material cost per unit = direct materials costs / unit produced
= $15,500/7,750
= $2 per unit
If 22,000 equivalent units are produced, what is the equivalent conversion cost per unit = total conversion costs/unit produced
= $38,500/22,000
=$1.75 per unit