What is the address bar in Firefox?

What is the importance of international law to businesses engaged in international trade?

Hunter-Best [27]

Answer:

The above pic might help you :)

7 0

2 years ago

McMurphy Corporation produces a part that is used in the manufacture of one of its products. The costs associated with the produ

larisa [96]

Answer:

Opportunity cost ($481,000) is greater than the total production cost ($356,000). McMurphy corporation should produce the products by itself instead of buying from Conners Company since the production costs are lower than purchase cost

Explanation:

Determine the total cost associated with the production of the units as follows;

T=M+L+V+F

where;

T=total costs

M=direct materials cost

L=direct labor costs

V=variable factory overhead costs

F=fixed factory overhead costs

In our case;

M=$88,000

L=$127,000

V=$59,000

F=$137,000

replacing;

T=(88,000+127,000+59,000+137,000)=$411,000

Total costs=$411,000

Assuming the McMurphy avoids 55,000 fixed factory overhead cost;

Total costs=411,000-55,000=$356,000

The opportunity cost if McMurphy Corporation decides to purchase the units from Conners Company instead of producing them will be;

Opportunity cost=cost per unit×number of units

cost per unit=$37

number of units=13,000 units

Opportunity cost=37×13,000=$481,000

Opportunity cost ($481,000) is greater than the total production cost ($356,000). McMurphy corporation should produce the products by itself instead of buying from Conners Company since the production costs are lower than purchase cost

5 0

3 years ago

Kat is willing to pay $900 for 25 bottles of grape wine. The market price of 15 boties of grape wine is $390. Because of an incr

Doss [256]

Answer:

Answer explained below

Explanation:

decrease in consumer surplus = 0.5(initial number of bottles - final number)*(final price-initial price) + (final price-initial price)*(final number)

where initial number of bottles = 25

final number of bottles = 15

initial price = $390

final price = $390

substituting these values, we have

- decrease in consumer surplus = 0.5(25-15)(450-390) + (450-390)15 = 1200

Consumer surplus decreases by 1200

- Consumers will buy the good as long as marginal benefit is greater than or equal price.

Thus quantity demanded will be 2 from the table

Consumer surplus = 240- market price = 240 -220= 20

Consumers total benefit = 220*quantity demanded = 220*2= 440

5 0

3 years ago

Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area

zavuch27 [327]

Answer:

Puget Sound Divers

Puget Sound Divers Planning and Flexible Budgets

For the Month Ended May 31

Planning Flexible

Budget Budget

Budgeted diving-hours (q) 350 340

Revenue ($390.00q) $ 136,500 $132,600

Expenses:

Wages and salaries 53,100 51,900

Supplies ($5.00q) 1,750 1,700

Equipment rental 11,250 11,000

Insurance ($4,100) 4,100 4,100

Miscellaneous 1,017 1,003

Total expense 71,217 69,703

Net operating income $ 65,283 $ 62,897

Explanation:

a) Data and Calculations:

Puget Sound Divers Planning Budget

For the Month Ended May 31

Budgeted diving-hours (q) 350

Revenue ($390.00q) $ 136,500

Expenses:

Wages and salaries ($11,100 + $120.00q) 53,100

Supplies ($5.00q) 1,750

Equipment rental ($2,500 + $25.00q) 11,250

Insurance ($4,100) 4,100

Miscellaneous ($520 + $1.42q) 1,017

Total expense 71,217

Net operating income $ 65,283

Flexing the budget with actual activity of 340:

Revenue ($390.00q) $ 136,500/350 * 340 = $132,600

Expenses:

Wages and salaries ($11,100 + $120.00 * 340) = $51,900

Supplies ($5.00q) 1,750/350 * 340 = $1,700

Equipment rental ($2,500 + $25.00 * 340 = $11,000

Miscellaneous ($520 + $1.42 * 340 = $1,003

7 0

2 years ago

Treasury bills are paying a 4% rate of return. A risk-averse investor with a risk aversion of A = 3 should invest entirely in a

Tomtit [17]

Answer:

Answer is 12.64%. Therefore,

Treasury bills are paying a 4% rate of return. A risk-averse investor with a risk aversion of A = 3 should invest entirely in a risky portfolio with a standard deviation of 24% only if the risky portfolio's expected return is at least 12.64%.

Refer below for the explanation.

Explanation:

E - 4%= 0.5(3)(24%)2

E=12.64%

7 0

3 years ago

Read 2 more answers