Explanation:
However, there is a more important reason to conserve fossil fuels, and that's to help heal the environment. Burning petroleum, coal and natural gas fills the air with harmful pollutants, including nitrogen oxides, sulfur dioxide, carbon dioxide, ozone and a host of hydrocarbons.
Answer:
Predetermined manufacturing overhead rate= $25.71 per direct labor hour
Explanation:
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
<u>Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base</u>
Predetermined manufacturing overhead rate= (1,192,360 / 52,000) + 2.78
Predetermined manufacturing overhead rate= 22.93 + 2.78
Predetermined manufacturing overhead rate= $25.71 per direct labor hour
Based on the type of customers that both companies served, this is a <u>horizontal merger. </u>
<h3>What is a horizontal merger?</h3>
- This refers to a situation where companies in the same industry but with different market targets combine.
- This is often done to increase market share and efficiency.
North American Van Lines and Allied Van Lines targeted different customers so when they merged, this was a horizontal merger.
Find out more on horizontal mergers at brainly.com/question/1807854.
Answer:
d) The inventor should produce all the units for which marginal revenue equals or exceeds marginal cost.
Explanation:
The inventor has a new and innovative product that can change the color of a person's eyes with no negative side effects.
She now has a monopoly in the market. To maximise her profits she needs to set price of the product so marginal revenue is equal to or greater than the marginal cost.
Marginal revenue is the additional income earned per unit produced, while marginal cost is the additional cost incurred with extra unit produced.
When MR is equal to MC the business breaks even, and when MR is greater than MC the business is making profit.
Answer:
The percentage change in net income was smaller in 2017 than 2016.
Explanation:
The percentage change in net income in 2016 was:
⇒ 150/120 -1 = 0.25 or 25%.
Whereas, the percentage change in net income in 2017 was:
⇒ 170/150 -1 = 0.1333 or 13.33%.
Hence, this statement is correct that percentage change in 2017 was 13.33% which was smaller than percentage change of 25% in 2016.
