Answer:
Fewer merchants would be willing to supply textiles.
Explanation:
Price ceilings are the maximum price that is set for commodities in a particular market by the government. It is aimed at protecting buyers from excessive price exploitation by sellers.
In the given scenario the price of commodities was set at 5% above fixed price of local communities. This means sellers can make a maximum of 5% on any sale.
However severe weather rendered the textile market more uncertain.
The result will be that sellers will be less willing to provide commodities as they are not able to push the added cost to the buyer.
Answer:
$28,065
Explanation:
The moving averages method uses the means of the previous months as the forecast for the next months.
The formula for the moving average is as below.
Moving Average = (n1 + n2 + n3 + ...) / n
In this case, the Moving average = $26,908 +$28,386 +$28,730, $27,290+ $29,009 / 5
= $140,323 /5
=$28,064.6
=$28,065
Answer:
$7,560
Explanation:
Calculation to determine APBO at December 31, 2018.
Using this formula
December 31 APBO=(Beginning EPBO*Discount rate)*6/25
Let plug in the formula
December 31 APBO=($30,000 * 1.05) * 6/25
December 31 APBO= $7,560
Therefore APBO at December 31, 2018 is $7,560
It depend on the price change if it increases sales will go down and demand will go down if it decreases sales go up demand goes up
Answer:
$170
Explanation:
If the goal is to achieve a 15% return on sales, Blanchard Inc., can afford to spend at most 85% of the estimated price ($200) on the production of the new product. Therefore, the target cost is:
The target cost is $170.
