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djyliett [7]
3 years ago
6

Assume the following information:

Business
1 answer:
omeli [17]3 years ago
7 0

Answer:

Total product cost= $181,000

Explanation:

<u>The product cost is the sum of the direct material, direct labor, and manufacturing overhead:</u>

Direct materials $ 70,000

Direct labor $ 37,000

Variable manufacturing overhead $ 12,000

Fixed manufacturing overhead $ 25,000

Total manufacturing overhead $ 37,000

Total product cost= $181,000

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Why do infomercials use both strong and weak arguments? to appeal to both high and low involvement consumers because it is neces
Vesna [10]

Answer:

The correct answer is letter "A": to appeal to both high and low involvement consumers.

Explanation:

Strong arguments are those that provide probable support for an idea. Weak arguments fail to provide support for different matters. Then, when talking about marketing, strong arguments are more likely to engage consumers with a product while weak arguments can attract consumers at low levels but the ideas lack reliability.

Thus,<em> infomercials can make use of both strong and weak arguments at different levels of consumer involvement.</em>

4 0
3 years ago
According to most​ economists, is it a serious shortcoming of GDP that it does not count household production or production in t
Ghella [55]
<h2>No. "Household production" does not contribute much to the GDP.</h2>

Explanation:

To arrive at the reason, first we need to understand the term "GDP" and "shortcoming"

Shortcoming means failure to meet certain expectations.

GDP: It is the snapshot of the economy which speaks about the production in certain period.

Since the household production does not come under market transaction and since GDP involves only market transaction, household production cannot be considered and thus it is not a serious reason for shortcoming of GDP.

5 0
4 years ago
Typical of price ceilings, the ancient Indian political philosopher known as Kautilya advocated controls to protect against merc
wolverine [178]

Answer:

Fewer merchants would be willing to supply textiles.

Explanation:

Price ceilings are the maximum price that is set for commodities in a particular market by the government. It is aimed at protecting buyers from excessive price exploitation by sellers.

In the given scenario the price of commodities was set at 5% above fixed price of local communities. This means sellers can make a maximum of 5% on any sale.

However severe weather rendered the textile market more uncertain.

The result will be that sellers will be less willing to provide commodities as they are not able to push the added cost to the buyer.

7 0
3 years ago
(20 POINTS) 1 HOUR TO ANSWER PLEASE HELP
Lyrx [107]

You do the reverse here of what you did in the other question.

Find the multiplier for a 23 year old female in a 5 year plan (2.30)

You then divide the premium (242.11) by 2.30

To find the face value, you multiply that answer by 1000 and round to the nearest decimal.

You are just backing into the face value this time.

7 0
3 years ago
You are considering buying a company using leveraged buyout. The company is projected to have sales of 500 million each year in
worty [1.4K]

Answer:

Net income=  $33 million

Explanation:

A leveraged buyout is a buyout of an entity by it's own managers/board members mostly through debt financing. Now the expected sales after the buyout is 500 million, we are asked to calculate net income only in the first year. First of all lets see what net income is. Net income is the remaining amount of income after having paid all the expenses which is mostly the residual income available for either distribution to shareholders or transfer to retained earnings.

The formula for net income is as follows:

Net income/profit= Sales revenue - COGS - Administrative expenses- depreciation and amortization - Interest expense - Tax

Let first calculate COGS & other administrative expense, depreciation and interest expenses first.

COGS & ADMIN: 500*0.6=300 m

Depreciation: 500*0.05 =25m

Interest expense for the year: 1500 * 0.08= 120m

Now lets substitute values in the formula mentioned above:

Income before taxes: 500m - 300m - 25m - 120m

Income before taxes: 55m

Income after taxes; 55m - 22m (taxes= 55*40%)

Net income=  $33 million

4 0
4 years ago
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