Define demand and supply

Slapshot Company makes ice hockey sticks. Last week, direct materials (wood, paint, Kevlar, and resin) costing $26,000 were put

Fudgin [204]

Answer:

Slapshot Company

The total production is $98,000 with a unit cost of $49 per hockey stick.

The selling price per unit should be above $49 when marked-up.

Explanation:

a) Data and Calculations:

Direct materials (wood, paint, Kevlar, and resin) $26,000

Direct labor (10 workers x 100 hours x $20 per hour) 20,000

Manufacturing overhead equaled 52,000

Total production costs = $98,000

Production of hockey stick = 2,000 units

Unit cost of hockey stick = $49 ($98,000/2,000)

7 0

3 years ago

Professor John Morton has just been appointed chairperson of the Finance Department at Westland University. In reviewing the dep

alexira [117]

Answer and explanation:

1. The scatter plot is attached as an image below

2(a).

Variable cost per section is shown by the slope while

fixed cost is shown by the intercept\

The simple linear regression is as given below

x y xy x²

7 13,500 94500 49

3 8000 24000 9

6 12000 72000 36

2 6500 13000 4

4 10000 40000 16

22 50000 243500 114

Regression Equation: y = a + bx where

x = number of sections offered

y = total cost

a = is the intercept point of regression line and y-axis

b = slope of regression line

N = 5, ∑x = 22, ∑y = 50000

∑xy = 243500, ∑x² = 114, (∑x)²=484

Slope(b) = ∑xy - ∑x∑y

∑x²- (∑x)²

= 1366.28 (variable cost per section)

Intercept (a) = ∑y - b∑x

N

= 3988.37 (fixed cost per section)

2(b).

Writing the expression in the form of an equation

y = a + bx ⇒ y = 3988 + 1366x

3(a).

Expected Total Cost is calculated by putting the value of x = 10 in the above equation,

Expected Total Cost, y = 3988.37 + 1366.28 × 10 = 17651

5 0

4 years ago

Taggart Transcontinental pays no dividends, but spent $4 billion on share repurchases last year. Taggart's equity cost of capita

Andrej [43]

This question is incomplete, the complete one was gotten from google.

Taggart Transcontinental pays no dividends, but spent $4 billion on share repurchases last year. Taggart's equity cost of capital is 13% and the amount spent on repurchases is expected to grow by 5% per year. Taggart currently has 2 billion shares outstanding.

Taggart's stock price is closest to:

A. $25.00

B. $12.50

C. $15.40

D. $20.00

Answer:

Taggart Transcontinental pays no dividends, but spent $4 billion on share repurchases last year. Taggart's equity cost of capital is 13% and the amount spent on repurchases is expected to grow by 5% per year. Taggart currently has 2 billion shares outstanding.

Taggart's stock price is closest to $25 - option A.

Explanation:

Market capitalization = 4/ (0.13 -0.05)

= 4/0.08

Market capitalization = 50

Price per share = 50/2 = $25

Therefore, Taggart's stock price is closest to $25 - option A.

4 0

3 years ago

A monopolist will find that its marginal revenue curve Grupo de opciones de respuesta Lies below its demand curve and has the sa

alexdok [17]

Answer:

Lies below its demand curve and is steeper than its demand curve.

Explanation:

The marginal revenue curve for a monopolist lies below the demand curve because of the quantity effect. The quantity effect refers to the fact that even a monopolist must lower its price if it wants to sell a larger quantity of goods or services.

The slope of the marginal revenue curve is steeper than the demand curve because it reflects the market power of the monopolist. Instead, the marginal revenue curve for a perfectly competitive firm (with 0 market power) is horizontal or perfectly elastic.

5 0

4 years ago

3F − is bigger than F because

Nady [450]

Answer:

IN 3F THERE WOULD BE MORE ELECTRONIC REPULSIONS AS COMPARED TO SIMPLE F.THE ELECTRONS WOULD TEND TO MOVE APART THUS CREATING THE SIZE OF 3F BIGGER AS COMPARED TO THAT OF THE SIMPLE F MOLECULE.

Explanation:

4 0

4 years ago

Define demand and supply​

Define demand and supply