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damaskus [11]
3 years ago
10

There are two nations that, using all of their resources, both produce lemon drops and boxes. Nation A can produce either 300 le

mon drops and 0 boxes per day or 100 boxes and 0 lemon drops per day or any combination that lies on its constant cost PPC. Nation B can produce either 200 lemon drops and 0 boxes per day or 200 boxes and 0 lemon drops per day or any combination that lies on its constant cost PPC.
Required:
Draw a correctly labeled PPC for each nation. Use lemon drops on the vertical axis and boxes on the horizontal axis.
Business
1 answer:
In-s [12.5K]3 years ago
7 0

Answer:

I drew the production possibilities frontier curve for both nations, A and B, and attached it.

Explanation:

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Ogan Products computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year
Radda [10]

Answer:

Predetermined manufacturing overhead rate= $14.65 per direct labor hour

Explanation:

Giving the following information:

Estimated direct labor hours= 40,000

Estimated fixed overhead= $466,000

Estimated variable overhead rate= $3.00 per direct labor-hour.

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (466,000/40,000) + 3

Predetermined manufacturing overhead rate= $14.65 per direct labor hour

5 0
3 years ago
Pie Corporation paid $319,500 to acquire 90 percent ownership of Slice Company on April 1, 20X2. At that date, the fair value of
Brums [2.3K]

Answer and Explanation:

As per situation the Journal entries with narrations is here below:-

As per requirement of a

1. Slice Co. investment Dr, $319,500  

        To Cash $319,500

(Being cash paid is recorded)

2. Slice Co. investment Dr, $27,000  

      To  Income from Slice Co. $27,000

(Being investment is recorded)

3 Cash Dr, $13,500  

       To Slice Co. investment $13,500

(Being cash is recorded)

As per requirement b

1. Sales Dr, $90,000  

    To Total Expenses $80,000

     To Dividends Declared $5,000

      To Retained Earnings $5,000

(Being sales is recorded)

2. Common stock Dr, $160,000  

Additional paid-in capital Dr, $40,000  

Retained earnings Dr, $155,000  

Income from Slice Co. Dr, $27,000  

NCI in NI of Slice Co. Dr, $3,000  

       To Dividends declared $15,000  

            ($1,500 + $13,500)

        To Investment in Slice Co. $333,000  

             ($319,500 + $27,000 - $135,00)

         To NCI in NA of Slice Co. $37,000

(Being acquisition is recorded)

5 0
3 years ago
Which of the following statements is correct?A. Wide variations in capital structures exist both between industries and among in
erik [133]

Answer: Wide variations in capital structures exist between industries and also between individual firms within industries and are influenced by unique firm factors including managerial attitudes.

Explanation:

Out of the options that are given in the question, the correct option is that wide variations in capital structures exist between industries and also between individual firms within industries and are influenced by unique firm factors including managerial attitudes.

All the other options are false. Debt-to-total-assets ratios varies much among different industries.

4 0
3 years ago
If labor market institutions change so that it becomes easier to find a job, and unemployed people are unemployed for smaller du
Natasha_Volkova [10]
<span>The natural rate of employment would decline, because people would have better chances at finding a way of employment. This would help cut costs in government aid and help people feel more self-sufficient and secure in taking care of their families.</span>
7 0
3 years ago
Wyzard Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbishe
trasher [3.6K]

Answer:

Revenue variance    $1800<u>  </u>Favorable

Explanation:

<em>Revenue variance is the difference between the actual revenue and the standard revenue from the actual units sold. It is can be determined as follows:</em>

Revenue variance                                                            

                                                                                                $

Revenue from 32 units  (32× 3,800)                                121,600

Actual revenue                                                                   <u>123,400</u>

Revenue variance                                                            <u>   1800  </u>Favorable

Revenue variance    $1800<u>  </u>Favorable

8 0
3 years ago
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