Answer:
The selling price is $99
Explanation:
The selling price of the product can be computed by adding required profit margin to the unit cost of the product.The required profit margin is the 10% return on invested assets.
Total variable cost $59*10000 =$590,000
Fixed expenses ($180,000+$60,000) =$240,000
desired profit margin(10%*$600,000) =$60,000
Total sales revenue =$990,0000
price per unit=$990,000/10000=$99
The cost-plus approach to product pricing gives $99
Answer:
37,000 units
Explanation:
The computation of the total equivalent units for direct material is shown below:
= Transferred to finished goods during the month of July + Ending work in process during the month of July - Inventory in process as on July 1
= 37,500 units + 3,500 units - 4,000 units
= 41,000 units - 4,000 units
= 37,000 units
We simply used the above formula so that the total equivalent units for direct materials using the FIFO method could come
Essay writing is given to students in order to test their writing and reading skills.
<h3>How to write an essay?</h3>
Based on the information given, the way to write the essay will be given. Firstly, it's important to decide on your topic. In this case, it is an essay analyzing the STEEPLE Module.
Research should be done on the topic and create an essay outline. STEEPLE stands for social, technological, economic, environmental, political, legal, and ethical. Set your argument in the introduction and develop it with evidence.
Finally, check the content, grammar, formatting, and spelling of your essay.
Learn more about essays on:
brainly.com/question/24799048
I believe it is the B. troubleshooting focuses on how to fix the problem
Answer:
D) South American cocoa bean producers refuse to ship to chocolate producers in the US.
Explanation:
A nonbinding rice ceiling means that the equilibrium price is below the price ceiling, so it will have no effect in real life. In order for the price ceiling to become binding and start to negatively affect the market, the equilibrium price must increase.
The only option that would increase the equilibrium price is option D, since the shortage of a key input will probably result in an increase in the price of the key input. If the price of a key input increases, the cost of producing chocolate will increase, resulting in a leftward shift of the supply curve.
A leftward shift of the supply curve will decrease the total quantity supplied and it will increase the price of chocolate at every level of quantity demanded. This will result in an increase in the equilibrium price which might ultimately change the price ceiling from nonbinding to binding.