Frost destroys much of the Florida orange crop, and at the same time, suppose consumer tastes shift toward orange juice. Price will increase, quantity is ambiguous.
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What is price?</u></h3>
- A price is the amount of money that is (often not negatively) exchanged from one party to another in exchange for their goods or services.
- The cost of production may go by another name in some circumstances. If a product is classified as a "good" in a commercial exchange, its price is most likely to be referred to as such.
- However, there will be alternative titles for this thing if it is a "service."
The bottom graph, for instance, will display some circumstances. Production expenses, the availability of the desired item, and consumer demand all have an impact on a good's pricing. A price may be set by a monopolist or imposed on the company by the market.
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Answer and Explanation:
The preparation of the differential analysis is presented below:
Particulars Order rejected (Alternative 1) order accepted (Alternative 2) Differential Effect on Income (Alternative 2)
Revenues $0 $576,000 $576,000
($18,000 × $32)
Costs
Variable Manufacturing Costs $0 $522,000 -$522,000
($18,000 × $29)
Income (Loss) $0 $54,000 $54,000
We simply deduct the variable manufacturing cost from the revenues so that the income or loss could come
Answer and Explanation:
a. The cash flow from operating activities using the indirect method is
Net loss $(13,402 )
Add: Depreciation, amortization, and impairments $34,790
Add: Decrease in receivables $1,245
Less: Increase in inventories -$5,766
Less: Decrease in accounts payable -$445
Net cash flow from operating activities $16,442
b. The reasons for net loss but positive cash flow from operations are
Change in current assets, liabilities, depreciation
ANd, the reasons for having a difference is that the operating activities records the cash payment & cash receipt related to operating activities and the rest of things would be ignored
Vested funds are the employers contribution and the non vested funds are the contribution of employee.