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3 years ago

Within a PPF framework, explain each of the following:_______.

Business

1 answer:

ra1l [238]3 years ago

3 0

Explanation:

a. Remember, the PPF (Production Possibility Frontier) framework allows for the selection of a preferred choice as regards budget spending. Hence, in such a situation, it calls for a choice to be made.

b. According to the PPF framework, where there is an increase in the population, it is expected that such change would result in an increase in the labor force capacity; and ultimately leading to an upward shift in the PPF curve. Thereby, increasing the overall production of the economy.

c. Within the PPF framework, a technological change that makes resources less specialized will result also result in an upward shift in the PPF curve.

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An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2017 I

rusak2 [61]

Answer:

Cost of goods manufactured schedule for the month ended June 30, 2017

Raw Materials $46,720

Direct Labor $51,740

Manufacturing Overhead :

Indirect labor $6,510

Factory insurance $4,700

Machinery depreciation $4,380

Machinery repairs $1,990

Factory utilities $3,740

Miscellaneous factory costs $1,980

Add Opening Work in process Inventory $5,670

Less Closing Work in process Inventory ($7,610)

Cost of goods manufactured $119,820

Explanation:

Cost of goods manufactured schedule is a summary of manufacturing costs for the production period.

Determination of Raw Materials In Production

Raw Materials T - Account

Debit :

Opening Balance $9,180

Purchases $55,020

Totals $64,200

Credit :

Work In Process (Balancing figure) $46,720

Closing Balance $17,480

Totals $64,200

8 0

3 years ago

Potential businesses owners need to begin by asking what important question?

vesna_86 [32]

Potential businesses owners need to begin by knowing the market for their product or service. Several businesses are good ideas on paper but don't have a market and fail.

6 0

4 years ago

Wilberton's has total assets of $537,800, net fixed assets of $412,400, long-term debt of $323,900, and total debt of $388,700.

sleet_krkn [62]

Answer:

Current Ratio=1.93518

Explanation:

$Current\ Ratio=\frac{Current\ Assets}{Current\ Liabilities}$

Calculating Current Assets:

Current Assets=Total assets-Net fixed assets

Current Assets=$537,800- $412,400

Current Assets=$125,400

Current Liabilities=Total debt- Long-term debt

Current Liabilities=$388,700- $323,900

Current Liabilities=$64,800

Current Ratio= $\frac{\$125,400}{\$64,800}$

Current Ratio=1.93518

5 0

4 years ago

On January 15, 2021, Vancey Company paid property taxes on its factory building for the calendar year 2021 in the amount of $1,0

tankabanditka [31]

Answer and Explanation:

The presentation is presented below:

Particulars 3/31/21 6/30/21 9/30/21 12/31/21

Property taxes $270,000 $270,000 $270,000 $270,000

Repairs $900,000 $900,000 $900,000

Total $270,000 $1,170,000 $1,170,000 $1,170,000

The property taxes is divided into four quarters i.e

= $1,080,000 ÷ 4 quarters

= $270,000

While the repairs are divided into 3 quarters i.e

= $2,700,000 ÷ 3 quarters

= $900,000

4 0

3 years ago

Tracie, working at a research facility in washington

grandymaker [24]

Although Juan has perfect command of English, they are still facing a "physical" barrier to communication.

Physical barrier refers to the environmental and characteristic condition that go about as a boundary in correspondence in sending message from sender to collector. Authoritative condition or inside workspace plan issues, innovative issues and commotion are the parts of physical hindrances.

Unsettling influence in hearing because of roars, phone call detachment, issues in TV gathering, message not being sent in visit, and so on are a few instances of physical barriers of communication.

8 0

4 years ago