All categories

3 years ago

Suppose a market is initially in equilibrium and demand decreases. The producer surplus will:_____.

Business

1 answer:

ladessa [460]3 years ago

6 0

Answer:

c. be lower since the price is lower and equilibrium moves down along the supply curve.

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Swifty, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 50 range instruments

aniked [119]

Answer:

Material handling= $37 per requisitons

Setups= $54 per setup

Inspections= $48 per inspection

Explanation:

Giving the following information:

Activities - Cost Drivers - total cost

Materials handling - Number of requisitions - $38,850

Machine setups - Number of setups - $26,190

Quality inspections - Number of inspections - $23,520

Number of requisitions= 1,050

Number of setups= 485

Number of inspections= 490

To calculate the estimated manufacturing overhead rate we need to use the following formula for each activity cost pool:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Material handling= 38,850/1,050= $37 per requisitons

Setups= 26,190/485= $54 per setup

Inspections= 23,520/490= $48 per inspection

7 0

4 years ago

Which of the following is generally found in most lean environments?

ASHA 777 [7]

Answer and Explanation:

e.pull systems.

6 0

4 years ago

Walsh Company expects sales of Product W to be 60,000 units in April, 75,000 units in May and 70,000 units in June. The company

Rom4ik [11]

Answer:

b. 65,000 units

Explanation:

The computation of the budgeted production in April month is shown below:

= Sale units + ending inventory units - beginning inventory units

where,

Sale units is 60,000 units

Ending inventory units = 75,000 units × 40% = 30,000 units

Beginning inventory units = 25,000 units

Now put these units to the above formula

So, the units would equal to

= 60,000 units + 30,000 units - 25,000 units

= 65,000 units

7 0

3 years ago

What does it mean if there is an asterisk next to the PSAT Selection Index score?

Kobotan [32]

You do not meet NMSC's requirements

8 0

3 years ago

Which of the following correctly describes a production isoquant?

evablogger [386]

Answer:

An isoquant is a curve that shows the least-cost combinations of inputs that can produce a given level of output.

Explanation:

Isoquants are lines of equal values that are meant to show a set of points that have the same quantity of output when changing the quantities of more than two inputs.

It also shows an extent to which the firm has the ability to substitute two or different products to attain the same level of the outputs.

4 0

3 years ago