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Degger [83]
3 years ago
7

Classify each of the following items as a final good or an intermediate​ good, and classify the expenditure on each final good a

s consumption expenditure or​ investment:
a. Fertilizer bought by a Florida tomato grower.
b. A haircut bought by a student.
c. New cars bought by Hertz comma the car rental firm.
d.. A new bridge across the creek in the Augusta National Golf Club.
Business
1 answer:
klasskru [66]3 years ago
5 0

Answer:

Classification of Goods

a.           Intermediate good; Investment

b.           Final Good = Consumption

c.           Intermediate good; Investment

d.           Intermediate good = Investment

Explanation:

An intermediate good produces a final good for consumption.  Intermediate goods are used for investment to generate more resources that can be consumed in the future.  A final good, in most cases, does not require further processing.  It is consumed immediately by the buyer.

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Activity Expected Costs Expected Activity Handling materials $ 625,000 100,000 parts Inspecting product 900,000 1,500 batches Pr
bekas [8.4K]

Answer and Explanation:

The computation is shown below:

1. Plant wide overhead rate = Budgeted Overheads ÷ Budgeted Activity.

where,

Budgeted Overheads :

Handling materials                  625,000

Inspecting product                  900,000

 Processing purchase orders   105,000

Paying suppliers                       175,000  

Insuring the factory                 300,000

Designing packaging                75,000

Total Cost                               2,180,000

And, the budgeted activity is 125,000

So, Plant wide overhead rate is

= Budgeted Overheads ÷ Budgeted Activity.

= $2,180,000/125,000

= $17.44 per direct labor hour

Now Assignment of Overheads

As Deluxe model required 2,500 direct labor hours

So, Deluxe model = 2,500 × $17.44

= $43,600

As Basic model required 6,000 direct labor hours

So, Basic model = 6,000 × $17.44

= $104,640

8 0
2 years ago
Alonso, the union steward at Selzar Inc., is attempting to persuade members of management to make certain revisions to the compa
UkoKoshka [18]

Answer:

C. negotiating contracts

Explanation:

Discussing and Compromising on contract term in order to reach out final agreement between the company management and union at Selzar Inc.

6 0
3 years ago
Which exit strategy can you use when you are unable to locate a buyer for your business?
djyliett [7]
I believe your answer is “D”

hope this helps !!
5 0
3 years ago
A subtle form of racial discrimination in housing is "racial steering." racial steering occurs when real estate agents show pros
anzhelika [568]
The table represented below is how the people were divided in the household.

As you can see, the white people have more privileged to stay in the household. And the consistency of having the black people rented are of minimum. This violates the policy because of it's unfair system to the people and the division of the homes.

3 0
3 years ago
Suppose an investment offers to triple your money in 48 months (don't believe it). Required: What rate of return per quarter are
Daniel [21]

Answer:

Rate of return per quarter = 7.11%

Explanation:

<em>The rate of return is the percentage return  earned  if compounding  is done quarterly. It can be worked as follows:</em>

r= (FV/PV - 1)- 1× 100

r- rate of return

FV= Future value of the investment after 48 months

PV= Amount invested now

Let the amount invested i.e PV be 10.

If the investment is tripped, the sum earned would be 3×10 = 30

DATA

FV- 30

PV- 10

n-48/3= 16

r= ?

r = ((30/10)^1/16 -1 )× 100

r= 7.1075  × 100 = 7.11%

r= 7.11%

Rate of return per quarter = 7.11%

3 0
3 years ago
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