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Anit [1.1K]
3 years ago
10

Macon Publishing reports the following information about resources. At the beginning of the year, Macon estimated it would spend

$39,720 for setups and $21,000 for clerical. The unused resource capacity for setups for Macon Publishing is:
Business
1 answer:
Nonamiya [84]3 years ago
8 0

Answer:

$10,000

Explanation:

Calculation to determine what The unused resource capacity for setups for Macon Publishing is:

Using this formula

Unused resource capacity =Clerical resources used -[(Clerical rate per page*Pages typed)

Let plug in the formula

Unused resource capacity=$20,000 – ($20*500)

Unused resource capacity=$20,000-$10,000

Unused resource capacity = $10,000

Therefore The unused resource capacity for setups for Macon Publishing is:$10,000

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When most economists wake up in the morning, their first decision is whether or not to his the snooze button on the alarm clock.
lions [1.4K]

Answer:

The correct answer is letter "E": The marginal benefit of sleeping 10 more minutes is greater than the marginal benefit of 10 more minutes of work.

Explanation:

Marginal Benefit is an economic term that describes the maximum amount a consumer is willing to pay for an additional unit of a good or service. Typically, the marginal benefit decreases as long as the person consumes more of that good or service. The price-benefit relationship is inversely proportional.

In the example, the marginal benefit of sleeping 10 minutes more must be greater than the marginal benefit of working 10 more minutes if economists choose to sleep a little bit more.

3 0
3 years ago
In ascertaining whether a borrower has the ability to pay off his loan over time, a mortgage bank may rely on calculating a tota
Paha777 [63]

Answer:

Total debt ratio will be 44 %

So option (c) will be the correct option

Explanation:

We have given monthly principal and interest on mortgage loan = $635

Monthly Tax and insurance payments = $125

Car lease payment = $350

Now total monthly obligations = $625+$125+$350 = $1100

Gross monthly income = $2500

We have to find the total debt ratio

We know that total debt ratio is given by

Debt ratio =\frac{total\ obligation}{total\ income}=\frac{$1100}{$2500}=0.44=44%

So option (c) will be the correct option

8 0
3 years ago
Cost Flow Relationships The following information is available for the first year of operations of Creston Inc., a manufacturer
babunello [35]

Answer:

The answer is

A. $955,700

B. $570,900

C. $734,400

Explanation:

A. Cost of sales

Gross profit = Sales - Cost of sales.

Therefore, Cost of sales will now be:

Sales - Gross profit

$1,309,200 - $353,500

=$955,700

B. Direct materials cost

Direct materials cost = material purchased - indirect materials - ending material Inventory

$667,700 - $48,400 - $48,400

=$570,900

C.Direct labor cost

Direct labor cost = manufacturing costs for the period - Direct materials cost - Other factory overhead - Indirect labor

$1,445,400 - $570,900 - $22,300 - $117,800

=$734,400

7 0
4 years ago
When Lisa purchased her house, the mortgage lender required her homeowner's insurance to cover 100% of the loan amount. After ma
SOVA2 [1]

A) The cost to rebuild the house

This is due to the fact that there is no outstanding loan amount since the mortgage has been paid off.

8 0
3 years ago
The annual premium for a ​$15 comma 000 insurance policy against the theft of a painting is ​$300. If the​ (empirical) probabili
Korvikt [17]

Answer:

-$150

Explanation:

The computation of the expected return from the insurance company is shown below:

= Annual premium × probability of the stolen painting - 1 × theft of painting

= $15,000 × 0.01 - 1 × $300

= $150 - $300

= -$150

By multiplying annual premium with the probability of the stolen painting  and then substracted theft of painting so that we can get to know the expected return and the same is to be considered

8 0
4 years ago
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