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3 years ago

Suppose the world price of cotton falls substantially.

Business

1 answer:

Crazy boy [7]3 years ago

4 0

Answer:

(A) Decrease

(B) Increase

Explanation:

An decrease in the price of cotton will cause all the cotton producing firms to put Strategies in place that will help them to cut the costs of operations which will include the REDUCTION OF THE MANPOWER OR WORKFORCE.

When the price of raw materials or inputs used in the production processes of a given product reduces, IT WILL ENABLE THE COMPANY TO WANT TO INCREASE ITS PRODUCTION CAPACITY WHICH WILL ALSO INVOLVED AN INCREASE IN MANPOWER OR WORKFORCE.

Frictional Unemployment is a type of Unemployment caused by seasonal changes such as reduced demand, reduced price of products etc or people changing jobs due to certain factors.

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"Pinkmake Inc. is expanding its global operations into Jartainia in spite of the frequent changes in its government due to the a

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Answer:

... it must deal with criminal aspects, dangerous situation and violence in general.

Explanation:

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3 years ago

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Thornbrough Corporation produces and sells a single product with the following characteristics: Per Unit Percent of Sales Sellin

AfilCa [17]

Answer:

The income will decrease by $21,000

Explanation:

Giving the following information:

Selling price $ 220

Variable expenses 44

Contribution margin $ 176

Sales in units= 7,000

Total contribution margin= 7,000*176= $1,232,000

Fixed expenses= ($901,000)

Net operating income= 331,000

Now, with the changes we calculate the new net operating income:

New sales price= $202

New fixed cost= (53,000 + 901,000)= 954,000

New unit sales= 8,000

Net operating income= 8,000*(202 - 44) - 954,000= $310,000

The income will decrease by $21,000

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3 years ago

What responsibilities does the team leader have in a collaborative project such as designing a formal report

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Answer and explanation:

Leaders are always the ones who direct teams into achieving the collective goals the group has set. On writing a formal report, the leader must identify the members capable of gathering precise data that will support the report ideas. After that information is collected, the first draft must be written with the conclusions all the team members came up with. Then, the final report must be elaborated with the approval of most parts of the team to finally handle the report to the leader so he or she can present it.

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3 years ago

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Kerekes Manufacturing Corporation has prepared the following overhead budget for next month. Activity level 2,200 machine-hours

den301095 [7]

Answer:

Total budget = $53,330

Explanation:

<em>The total overhead is an example d of a mixed cost. A mixed cost is that made up of a variable portion and a fixed portion. The variable portion is driven by the activity level- machine hours. While the fixed portion is independent of the machine hours</em>

Fixed overhead = 15,300 + 5,600+ 6600 = 27500

Variable overhead per hour = (54,560 -27500)/2200

= $12.3 per hour

Budget for 2,100 machine hours

= 27,500 + ($12.3× 2100)

= $53,330

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2 years ago

Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation. Calculate the adjusted

grin007 [14]

Answer:

b. $5,870

Explanation:

Data given in the question

Cash balance per books, May 31 $5,400

Deposits in transit $375

Notes receivable and interest collected by bank $650

Bank charge for check printing $40

Outstanding checks $2,400

NSF check $140

The computation of the adjusted cash balance per books is shown below:

= Cash balance per books + Notes receivable and interest collected - Bank charges - NSF check

= $5,400 + $650 - $40 - $140

= $5,870

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3 years ago