Answer:
Break-even point in units= 100,000 units
Explanation:
Giving the following information:
Your variable costs to produce each bottle is $1.
Your fixed costs are $100,000/year.
How many bottles must you sell at $3/bottle to cover your fixed costs and earn your target profit of $100,000
<u>To calculate the number of units to be sold, we need to use the following formula:</u>
<u></u>
Break-even point in units= (fixed costs + desired profit)/ contribution margin per unit
Break-even point in units= (200,000) / (3 - 1)
Break-even point in units= 100,000 units
Answer:
low interest rates cause people to hoard money, making output and employment stagnate.
Explanation:
The Liquidity trap is a keynesian Microeconomics situation wherein interest rate offered are very low and saving rates are comparatively high. This induces consumers to save money in cash and not invest their money in bonds and other investment options. This trap not only affects investment in economy but also other areas because of low investment by people , business will start producing low and hiring will also be lowered.
One of the solution to avoid liquidity trap is to increase interest rate so that people are motivated to invest.
You spent it DUH!!! It be gone down the drain ahahah
Answer:
Dept. Y = $18,200
Dept. Z = $21,800
Explanation:
Wages expense for this question consist of direct wages and indirect wages. The direct wages are allocated to their respective departments while the indirect wages are apportioned between the two departments.
Therefore, first do the allocation then the remainder $24,000 is apportioned equally between the two departments, Dept. Y and Dept. Z.
Dept. Y Dept. Z
<u>Departmental wage expenses :</u>
Direct wages $6,200 $9,800
Indirect wages $12,000 $12,000
Total $18,200 $21,800