The resources used to create wealth are collectively referred to as

Mycenaean Greece became more powerful after a. creating trade networks with Egypt b. war with Persia. c. destruction of Crete

zalisa [80]

Mycenaean Greeks became more powerful after destruction of Crete.

Option c

Explanation:

The Civilization of Mycenaean in the ancient Greece is considered to be the last phase of the bronze age with the span of 1600–1100 BC. The civilization was named after the most prominent area called the Mycenae in Argolid.

The first wave of destruction in their mainland occurred in 1250 BC due to few unidentified reasons. The second and final destruction happened on 1190 BC which marked the end of the whole civilization.

They are known to be the first human to speak the Greek language. They were majorly influenced by the people of earlier Minoan civilization which was situated on Crete island.

7 0

3 years ago

Adirondack Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead ra

Tatiana [17]

Answer:

The factory overhead allocated per unit of Product A in the Painting Department = 7 * 15.623= $ 109.37

Plantwide Overhead Rate= $328,100 /21000= 15.623

Explanation:

Overhead Total Direct Labor Hours DLH per Product A B

Painting Dept. $245,600 9,50 7 7

Finishing Dept. 82,500 1 1,500 3 4

Totals $328,100 21,000 10 11

Plantwide Overhead Rate= Total Manufacturing Overhead/ Direct Labor Hours

Plantwide Overhead Rate= $328,100 /21000= 15.623

The factory overhead allocated per unit of Product A in the Painting Department = 7 * 15.623= $ 109.37

3 0

3 years ago

5-7 Short Run versus Long Run A firm sells 1,000 units per week. It charges $70 per unit, the average variable costs are $25, an

irina1246 [14]

a. The firm should carry out the activities.

b.The firm should carry out activities until it is covering the cost.

c. The firm should shut down business activities when the price of the product goes below $25 in short-run.

d. The firm should shut down business activities when the price of the product goes below $65 in long-run.

Further Explanation:

a

Steps taken by the firm in the long run:

The sales price of the product is $70. The total average cost of the product is $65. The firm can cover all its costs (variable and fixed) and generating a profit of $5. So it should continue to carry out its business operations in the short run.

b.

Steps taken by the firm in the long run:

In the long run, all the costs of the firm are variable. In the current case, the fixed cost is around 60% of the total cost. So the firm should attempt to decrease this cost. If the firm can decrease the total cost, it should carry out the business activities. The firm can continue to carry out the operational activities until it is making the profit and covering all the product cost.

c.

The appropriate price for shutting down the business in the short-run:

The firm can shut down the business in the short-run when the price of the product is below $25.

In the short run, the firm can only control the variable cost. The firm can not control the fixed cost of the product. In the given case, the variable cost of the product is $25. Therefore, the firm should shut down the business when the price of the product goes below the variable cost ($25).

d.

The appropriate price for shutting down the business in the long-run:

The firm can shut down the business in the long-run when the price of the product is below $65.

In the long run, the firm can influence all the costs of the business. It can influence the variable cost and the fixed cost of the business. Therefore, it should cover the total cost of the product. Thus, the firm should shut down the business when the price of the product goes below the total cost ($65).

Learn more:

1. Learn more about the variable costing

brainly.com/question/9203162

2. Learn more about the overhead expenses

brainly.com/question/4612804

3. Learn more about the cost of the product

brainly.com/question/1757741

`

Answer details:

Grade: Senior School

Subject: Economics

Chapter: Decision making (Short-run & Long-run)

Keywords: Short Run, Long Run, sells, units, week, charges, average variable costs, average costs, long run, Why, price, consider, shutting down the long run.

6 0

3 years ago

Harcourt Manufacturing (HM) has the capacity to produce 10,000 fax machines per year. HM currently produces and sells 7,000 unit

krek1111 [17]

Answer:

Harcourt Manufacturing (HM)

1. Based on this information (ignore qualitative characteristics) :________.

a. HM should reject the offer because accepting it will reduce profitability by $2,000.

2. A company should accept a special order if: _______.

a. additional revenue is greater than relevant costs.

Explanation:

a) Data and Calculations:

Production capacity for fax machines per year = 10,000

Current production units per year = 7,000

Excess capacity = 3,000 (10,000 - 7,000)

Rental fee for excess capacity = $12,000

Selling price of the fax machine per unit = $100

Unit-level costs:

Direct labor = $15

Direct materials = $40

Total cost per unit = $55

Special order = 2,000 units

Product-level costs= $50,000

Facility-level costs = $65,000

Total revenue from special order = $120,000 (2,000 * $60)

Total variable cost for special order = 110,000 (2,000 * $55)

Contribution margin from special order $10,000 (2,000 * $5)

Comparison with Rental fee $12,000 and $10,000

5 0

3 years ago

Margaret would like to work in the Journalism and Broadcasting industry. Which set of qualifications would best assist Margaret

jenyasd209 [6]

Your answer would be C because you gotta be ive if you wanna be in journalism and broadcasting

8 0

3 years ago

Read 2 more answers