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Molodets [167]
2 years ago
14

Jake owns a water pump. Because pumping large amounts of water is harder than pumping small amounts, the cost of producing a bot

tle of water rises as he pumps more. Here is the cost he incurs to produce each bottle of water:
Cost of first bottle: $1
Cost of second bottle: $3
Cost of third bottle: $5
Cost of fourth bottle: $7

Required:
a. A) From this information, derive Ernie's supply schedule. Graph his supply curve for bottled water.
b.) If the price of a bottle of water is $4, how many bottles does Ernie produce and sell? How much producer surplus does Ernie get from these sales? Show Ernie's producer surplus in your graph.
c. If the price rises to $6, how does quantity supplied change? How does Ernie's producer surplus change? Show these changes in your graph.
Business
1 answer:
Nastasia [14]2 years ago
8 0

Answer:

Write convert() method to cast double to int Complete the convert() method that casts the parameter from a double to an integer and returns the result. Note that the main() method prints out the returned value of the convert() method.

Ex: If the double value is 19.9, then the output is: 19

Ex: If the double value is 3.1, then the output is: 3.

Explanation:

<h2>plz bhai mera answer ko brainliest kar do..</h2>
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D’Lite Dry Cleaners is owned and operated by Joel Palk. A building and equipment are currently being rented, pending expansion t
lisov135 [29]

Answer:

1) equity = assets - liabilities

equity = $45,000 + $93,000 + $7,000 + $75,000 - $40,000 = $180,000

2) Since there is not enough room here, I used an excel spreadsheet to prepare the accounting equation.

     

3) D’Lite Dry Cleaners

Income Statement

For the month ended July 31, 202x

Revenues                                                       $116,875

Expenses:

  • Dry cleaning expense $29,500
  • Rent expense $6,000
  • Wages expense $7,500
  • Truck expense $2,500
  • Supplies expense $3,600
  • Utilities expense $1,300
  • Miscellaneous expense $2,700           ($53,100)

Net income                                                      $63,775

D’Lite Dry Cleaners

Balance Sheet

For the month ended July 31, 202x

Assets:

Cash $95,325

Accounts receivable $89,750

Supplies $5,900

Land $125,000

Total assets $315,975

Liabilities:

Accounts payable $49,200

Equity:

Capital $266,775    

Total liabilities and equity $315,975

D’Lite Dry Cleaners

Statement of Owner’s Equity

For the month ended July 31, 202x

Palk, Joel, capital, beginning balance    $180,000

Additional capital raised                           $35,000

<u>net income                                                  $63,775</u>

subtotal                                                     $278,775

<u>drawings                                                   ($12,000)</u>

Palk, Joel, capital, ending balance        $266,775

Download pdf
3 0
3 years ago
Ring Technology has a capital budget of $850,000, it wants to maintain a target capital structure of 35% debt and 65% equity, an
Bad White [126]

Answer:

b. $ 952,500

Explanation:

The computation of the amount of the net income for earning to meet out the requirement is shown below:

Dividend = Net income - Target Equity ratio × Total capital budget

$400,000 = Net income - 0.65 × $850,000

$400,000 = Net income - $552,500

So, the net income is

= $400,000 + $552,500

= $952,500

Hence the Net income is $952,500

Therefore the correct option is b. $952,500

3 0
3 years ago
As part of its commitment to quality, the J. J. Borden manufacturing company is proposing to introduce just-in-time (JIT) produc
Kobotan [32]

Answer:

A. $74,100 $954,700

B. $880,600

Explanation:

A. Preparation to estimate the financial benefits associated with the adoption of JIT

Current situation After JIT

Sales 1,430,000 1,810,000

Less costs

Production level support 214,500 72,400

(15%*1,430,000=214,500)

(4%*1,810,000=72,400)

Variable manufacturing overhead 400,400 181,000

(28%*1,430,000=400,400)

(10%*1,810,000=181,000)

Direct material 429,000 362,000

(30%*1,430,000=429,000)

(20%*1,810,000=362,000)

Direct manufacturing labor 286,000 235,300

(20%*1,430,000=286,000)

(13%*1,810,000=235,300)

Inventory financing costs 26,000 4,600

(10%*260,000=26,000)

(10%*46,000=4,600)

Total costs 1,355,900 855,300

Operating profits $74,100 $954,700

(1,430,000-1,355,900)

(1,810,000-855,300)

Therefore the the financial benefits associated with the adoption of JIT will be $74,100 $954,700

B. Preparation for the estimated change in annual operating income attributable to the JIT implementation

Current situation After JIT Change

Sales 1,430,000-1,810,000=-380,000

Less costs

Production level support 214,500-72,400 =142,100

Variable manufacturing overhead 400,400 -181,000=219,400

Direct material 429,000-362,000=67,000

Direct manufacturing labor 286,000- 235,300= 50,700

Inventory financing costs 26,000-4,600 =21,400

Total costs 1,355,900-855,300=500,600

Operating profits 74,100-954,700=880,600

Therefore the estimated change in annual operating income attributable to the JIT implementation will be 880,600

8 0
2 years ago
he Bread Company promotes its brand in new international markets by providing rights to local bakeries and bistros to use its re
ale4655 [162]

Answer:

licensing

Explanation:

Licensing -

It refers to the agreement or the permission given by one company to another company , in order to manufacture a specific goods or services , is referred to as licensing .

The permission can be of various forms like copyrights , trademarks , patents , design , formulas etc.

Hence , from the given scenario of the question ,

The correct answer is licensing .

5 0
3 years ago
Read 2 more answers
1. El valor de los bienes o servicios a los que
9966 [12]

Answer:

el costo de oportunidad es el costo de la alternativa a la que renunciamos una determinada decisión incluyendo los beneficios que podríamos haber obtenido de haber escogido la opción alternativa

4 0
2 years ago
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