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777dan777 [17]
2 years ago
10

What do Rational decision makers use to make economic decisions?

Business
1 answer:
valentinak56 [21]2 years ago
3 0

Answer:

correct is

B. marginal analysis

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Andrews Company manufactures a line of office chairs. Each chair takes $12 of direct materials and uses 1.9 direct labor hours a
Andrej [43]

Answer and Explanation:

The preparation of the cost of goods sold budget is presented below:

Direct material ($12 × 20,000 chairs) $240,000

Direct labor ($16 × 1.9 × 20,000 chairs) $608,000

Variable overhead rate ($1.20 × 1.9 × 20,000 chairs) $45,600

Fixed overhead rate ($1.30 × 1.9 × 20,000 chairs) $49,400

Cost of goods manufactured $943,000

Add: opening inventory $0

Less: ending inventory (610 chairs × ($12 + ($16 × 1.9) + ($1.20 × 1.9) + ($1.30 × 1.9) -$41,278.70

Cost of goods sold $901,721.3

5 0
2 years ago
Every T account has two sides, credit and credit side.<br><br>True<br>False​
ioda

Answer:

False

Explanation:

The two sides are DEBIT and credit.

3 0
3 years ago
What must be the price of a $10000 bond with a 6.8% coupon rate, semiannual coupons, and eight years to maturity if it has a yie
Neko [114]

Answer:

Coupon (R) = 6.8% x 10,000 = $680

Face value (FV) = $10,000

Number of times coupon is paid in a year (m) = 2

No of years to maturity = 8 years

Yield to maturity (Kd) = 8% = 0.08

Po = R/2(1- (1 + r/m)-nm) +  FV/ (1+r/m)n m

                      r/m

Po = 680/2(1-(1+0.08/2)-8x2) + 10,000/(1 + 0.08/2 )8x2

                          0.08/2                              

Po = 340(1 - (1 + 0.04)-16)    + 10,000/(1 + 0.04)16

                      0.04                            

Po = 340(1-0.5339) + 10,000/1.8730

                 0.04

Po = 3,961.85 + 5,339.03

Po = $9,300.88

Explanation:

The current market price of a bond is a function of the present value of semi-annual coupon and present value of the face value. The present value of semi-annual coupon is obtained by multiplying the coupon by the present value of annuity factor at 8% for 8 years. The present value of face value is obtained by discounting the face value at the discount factor for 8 years. The addition of the two gives the present value of the bond. All these explanations have been captured by the formula.

3 0
2 years ago
The first step a domestic firm takes when entering an international arena is usually to create an international division.
vodomira [7]

Answer:

The answer is: False

Explanation:

Whenever a company wants to go international it has a lot work to do before creating an international division. Several things must be done before, mostly research, for example:

  • Research if your product is know overseas, is there any possible market for it, are there any restraints for your products in those new markets.
  • Any legal constraint or logistical problem you have to consider.
  • Any local competition you have to worry about.
  • Does your product fit in a new culture.
  • And very many etceteras.

That should all be done before considering spending money on creating an international division.

Probably when the internet didn´t exist, communications were scarce, no Tv existed, people in one country didn´t know anything about other cultures, etc., a comp nay would have first created an international division to scout foreign markets but right now it doesn´t make sense.  

4 0
3 years ago
The striking dock workers on the west coast refused to unload the ships carrying merchandise for retail stores. These stores suf
son4ous [18]

Answer:

indirect loss, cannot be

Explanation:

Indirect losses refers to a type of loss that incurred outside of circumstances that usually occur in normal operation. (such as loss because the government created a certain type of law or loss because people are conducting strikes on other areas of our business)

Insurance companies can't cover Indirect losses because these costs tend to be really unpredictable and extremely hard to be measured .  They will specify that they wouldn't cover these types of loss during the initial cotnract.

4 0
3 years ago
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