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3 years ago

Economic problem you face as an individual

Business

2 answers:

cluponka [151]3 years ago

8 0

Answer:

The imbalance between production, distribution and consumption generates various phenomena that affect the economy; some of them are unemployment, shortages, overproduction, devaluation, inflation, indebtedness and damage to the environment.

Explanation:

Stells [14]3 years ago

7 0

Answer:

I'm spending WAY too much money on my favorite snack which are purple Doritos. / The Dorito company is having a huge shortage of my favorite snack which are the purple Doritos and I don't know what to do!

Explanation:

Remember what economics is when you are asked this question. Economics basically are along the lines of distribution and consumption of goods could mean internationally or it could just mean in your state. If you have a favorite snack that you like to buy from stores whenever you go to them, you buying and taking that snack is basic economics, you have a demand for that product because you like it so much, and they (owners of the snack) have a supply of that demand so you then spend money (currency) in order to get that demand or snack which is basic economics. A problem in this scenario would be you spending too much money on your favorite snack, or the supplier of that snack is having a shortage and you can't buy your favorite snack as much as you want.

Hope this helps.

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Anderson Corp. began the period with $200 of supplies. During the period, $500 of supplies were purchased. At the end of the per

IgorLugansk [536]

Answer:Amount of supplies used =$400

Explanation:

Beginning balance of supplies $200

Supplies purchased $500

Ending supplies balance on hand $300

Amount of supplies used = Beginning balance of supplies + Supplies purchased - Ending supplies balance on hand

= $200 +$500 - $300

= $400 is amount of the adjusting entry to record the amount of supplies used in Anderson Corp.

7 0

3 years ago

A company issued a short-term note payable to a bank with a stated 12 percent rate of interest . The bank charged a .5% loan ori

Mandarinka [93]

Answer:

17%

Explanation:

If a company issued a short-term note payable to a bank with a stated 12 percent rate of interest and in addition the bank charged a .5% loan origination fee and remitted the balance to the company. The effective interest rate paid by the company in this transaction would be 17%

The effective annual interest rate is <u>the interest rate that is actually earned or paid on an investment, loan</u> or other financial product.

Hence, since the company is both paying the initial 5% and the later 12%, effectively the company is paying 17% on the note payable.

8 0

3 years ago

Read 2 more answers

Riverside Manufacturing designs and manufactures bathtubs for home and commercial applications. Riverside recorded the following

Gnoma [55]

Answer:

Explanation:

Variable MOH rate variance = Actual Hours × (Actual Rate - Standard Rate)

= 4050 × ($7.50 - $4.50)

= 12150

4 0

3 years ago

1. A company expects to sell 400 units of Product X in January and then expects sales to increase by 10% per month. If Product X

Len [333]

Answer:

1. $13,240

2. 16,000 units

3. 22,000 units.

Explanation:

The question is answered as follows

Part 1: Determine the total sales for the first quarter as follows

January Sales in Units = 400 Units

February Sales Units = 400 x 110% or 1.1= 440 units

March Sales Unites = 440 x 110% or 1.1. = 484 units

Total Sales = 1,324 x $10 = $13, 240

Part 2: Determine Production In August

Production in August making use of the relevant figures

= Expected units + (Expected units in september x 80%) - Inventory on August 1

= 12,000 + (0.8 x 15,000) - 8000= 16,000 Units

Part 3: Determine the Production Units as follows

Sales Units + Closing Inventory of finished goods - The Opening Inventory of finished goods

= 20,000 units + 5,000 units - 3000 units = 22,000 units

3 0

3 years ago

Read 2 more answers

Elc inc. is an electronic appliances manufacturer that has many strategic business units (sbus), among which, television and com

Sedbober [7]

Answer:

The answer is multi-divisional structure.

Explanation:

A company employing multi-divisional structure would usually function as a parent company that has many business units under it operating different business sectors. This is clearly the case of Elc Inc., since it both manufactures televisions and computers. The fact that both businesses share the same budget shows that the two business units are still operating in the same company.

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3 years ago

Economic problem you face as an individual​

Economic problem you face as an individual