Answer:
$37,000
Explanation:
The computation of the budgeted dollar amount of merchandise purchases is shown below:
As we know that
Budgeted purchase = Budgeted sales + ending inventory - beginning inventory
= $36,000 + $7,000 - $6,000
= $37,000
We simply applied the above formula so that the budgeted purchase could come by considering the all items given in the question
Answer:
1,500 units; 1,000 units
Explanation:
Break Even Point (in units) = Fixed cost ÷ Contribution margin per unit
Fixed cost = $160,000
Sales Mix = 60% of X + 40% of Y
= 0.6X + 0.4Y
So,
Contribution Margin of the Mix:
= (60% × contribution margin of X) + (40% × contribution margin of Y
)
Contribution Margin of the Mix per unit:
= (60% × 80) + (40% × 40)
= 48 + 16
= $64
Break Even Point (in units) = Fixed cost ÷ Contribution margin per unit
= 160,000 ÷ 64
= 2,500 unit
At the Level of break even
:
Unit of X at break-even:
= 60% of 2,500
= 1,500 units
Unit of Y at break-even:
= 40% of 2,500
= 1,000 units
Answer:
The correct answer is E. All of the above.
Explanation:
The centralization strategy at a world headquarters does not correspond to a multi-household strategy, since it takes on aspects of a centralized place that is generally conceived to think globally. This task to be considered under the exposed conditions, needs a participation of economies in order to devise solutions to the different problems that could arise but under a local and not globalized environment.
Answer:
In the absence of international trade, the domestic price of meekers is $40. Suppose that the world price of meekers is $39.
When the world price is lower than the domestic price the country imports and domestic price goes down
If Meekertown allows free trade,then it will import meekers
Meekertownian consumers were worse off without free trade than they are with it.-TRUE
Meekertownian producers were worse off without free trade than they are with it.- FALSE
True or False:
When a country is too small to affect the world price, allowing free trade will never increase total surplus in that country, regardless of whether it imports or exports as a result of international trade.-FALSE
Explanation:
Answer:
If Meekertown allows free trade, then it will import meekers.
Explanation:
Meekertown would have no choice but to import meekers, since its import cost ($ 21) would be much less than its local production cost ($ 35). In other words, Meekertown would find it much more expensive to manufacture its own products than simply buying them in markets abroad. Therefore, importing would be much more beneficial to its economy.