Answer: a) an increase in the Equilibrium price of "regular" cars.
Explanation:
It is stated that the automobile companies use their inputs to make either the <em>hybrid cars</em> or the <em>regular cars</em>.
If the price of the <em>Hybrid cars</em> rises sharply, Automobile companies will make more <em>Hybrid cars</em> so as to take advantage of the situation and make more profit.
This would reduce the amount of inputs that they have available for <em>regular cars</em> and so they will make less <em>regular cars. </em>
As this supply of <em>regular cars</em> decreases,the supply curve will shift to the left and the price will increase to cater for this reduction in supply.
Answer:
Standard direct labour cost = $20.00 per hour
Explanation:
The direct labour costs represent expenditures incurred in respect of direct worker which can be traced to the product been produced. For example, the labour cost of machine operator saddled with production task.
The payroll cost is not a direct labour cost because payroll employed are not direct workers, also benefits are overheads related to direct workers
Standard direct labour cost = $20.00
You can sell candy and send out flyers
Answer:
1. Record the transaction assuming Clothing Frontiers has no-par common stock.
January 1, issuance of 600 stocks
Dr Cash 24,000
Cr Common stock 24,000
April 1, issuance of 100 stocks
Dr Cash 4,400
Cr Common stock 4,400
2. Record the transactions, assuming Clothing Frontiers has either $1 par value or 41 stated value common stock.
January 1, issuance of 600 stocks
Dr Cash 24,000
Cr Common stock 600
Cr Additional paid in capital 23,400
April 1, issuance of 100 stocks
Dr Cash 100
Cr Common stock 100
Cr Additional paid in capital 4,300
<span>Experience attributes are those that require some trial or consumption before evaluation.</span>
