Answer:
C) 640 units
Explanation:
Given that
Total manufacturing cost = $132,600
Per unit material cost = $75
Fixed overhead cost = $36,000
Variable overhead cost = 50% of total labor cost
The computation of total number of units is given below:-
Variable overhead cost
= 12,000 × $2.70 × 50%
= $16,200
Direct labor cost
= 12,000 × $2.70
= $32,400
Total Direct material cost = Total manufacturing cost - Variable overhead cost - Fixed overhead cost - Direct labor cost
= $132,600 - $16,200 - $36,000 - $32,400
= $48,000
Total number of units = Total Direct material cost ÷ Direct materials cost
= $48,000 ÷ $75
= 640 units
Answer: We'll advise KIL's owner to <u><em>continue production in the short run to minimize losses, but exit the industry in the long run.</em></u>
Explanation: Here in this case the revenue generated is able to cover the total variable cost incurred by the organization, therefore the organization should continue to produce in the short run but exit the market in the long run.
<u><em>Therefore, the correct option in this case is (d)</em></u>
Answer:
$500 billion
Explanation:
Data provided in the question:
Real money balances = $2.0 trillion = $2,000,000,000,000
Monetary expansion rate = 25%
now,
The annual rate of seigniorage
= Real money balances × Monetary expansion rate
= $2,000,000,000,000 × 0.25
or in billions
= 
= $500 billion
Answer:
No
Explanation:
Katie's opportunity cost is too high. She is giving up more money at the dental practice than the $100 she would be saving by making the pastries from hand instead of ordering them from the caterer. The group should continue to order the pastries and split the cost among all the friends so each person's share is lower.
Answer:
D. Aggregate demand curve would shift to the right
