Answer:
Option (B) is correct.
Explanation:
A supply shock is a situation in which the price of the natural resource increases which result in an increase in the cost of production of the goods. This increase in the cost of production of the goods induces the producers to produce less amount of goods which reduces the supply of goods. This will lead to shift the short run supply curve of the goods leftwards and therefore, there is an increase in the price of the goods.
Answer:
the overhead cost assigned to Job 971 is $1,020
Explanation:
The computation of the overhead cost assigned to Job 971 is shown below:
= Budgeted Machine overhead cost ÷ Number of set up
= $13,200 ÷ 390
= 34
Now the overhead cost assigned is
= 30 setups × 34
= $1,020
hence, the overhead cost assigned to Job 971 is $1,020
Therefore the last option is correct
What is your research on so it well be easier for me to help me
Answer:
$37,000,000
Explanation:
When you are preparing a statement of cash flows, you start with net income and then make all necessary adjustments that include any changes in accounts receivables.
Cash flow from operating activities:
Net income $66,000,000
Adjustments to net income:
Increase in accounts receivable <u>($29,000,000)</u>
Net cash flows from operating activities $37,000,000
Answer:
An isoquant is a curve that shows the least-cost combinations of inputs that can produce a given level of output.
Explanation:
- Isoquants are lines of equal values that are meant to show a set of points that have the same quantity of output when changing the quantities of more than two inputs.
- It also shows an extent to which the firm has the ability to substitute two or different products to attain the same level of the outputs.
