Answer:
The answer is B) $21,400
Explanation:
We are required to determine the total activity costs for the return and shipping activities for product 1.
Shipping activity has a cost of $20 per shipment.
Sebastian made 800 shipments. The cost of this will be 800 x $20 = $16000
It is given that there were 90 returns. The cost per return is $60. The total costs of the returns are $5400.
The total costs are thus 16000 + 5400 = $21400
Therefore the answer is B) $21,400
The integral of
Integration is a way of adding parts to find the whole. Integration can be used to find areas, volumes, central points and many useful things.
Where C is the constant of integration
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Question Completion:
What is a price floor?
Answer:
A price floor of $2 for milk producers across Arizona and nationwide means that the government does not want the price of milk to fall below $2. This measure enables dairies to remain in operation. It favors producers to the detriment of consumers, at least in the short-run.
Explanation:
However, assuming that the market was efficient before the price floor was introduced by the government, the price floor of $2 per gallon for milk could cause a deadweight loss to occur. In Economics, a deadweight loss reduces economic efficiency. It implies that consumers pay a higher price for the same quantity of goods they were purchasing before the price floor was introduced. Thus, the reaction of consumers would be to reduce their demand or drop out of the market entirely (instead of producers dropping out of the market through the normal operation of the market forces).
Two further indicators of the general level of prices are the GDP deflator and the consumer price index.
<h3>What do you mean by price level?</h3>
The price level is determined by averaging the current prices for all the goods and services produced in an economy. Price level refers to the cost or price of a good, service, or security in the market.
Price level indicators track changes over time and indicate the overall level of pricing for goods and services in an economy.
- The Consumer Price Index (CPI),
- The GDP deflator, and
- Producer Price Index
is the three main price level indicators that economists and policymakers frequently cite (PPI).
Therefore, the aforementioned are some of the usual indicators of price level changes.
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Answer:
d. 18,570 pounds
Explanation:
The computation of the raw material purchased for the month of February is shown below:
= Production in units + ending inventory - beginning inventory
where,
Production in units = 19,200
Ending inventory is
= 17,100 × 30% × 1
= 5,130
And, the beginning inventory is
= 19,200 × 30% × 1
= 5,760
So, the raw material purchased for the month of February is
= 19,200 + 5,130 - 5,760
= 18,570 pounds
We simply applied the above formulas