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butalik [34]
3 years ago
13

When each person specializes in producing the good in which he or she has a comparative advantage, total production in the econo

my
a. falls.
b. rises.
c. stays the same.
d. may fall, rise, or stay the same?
Business
1 answer:
luda_lava [24]3 years ago
4 0
Hello There!

The correct answer would be B. Rises.

Hope This Helps You!
Good Luck :) 

- Hannah ❤
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Felinas Inc. produces floor mats for cars and trucks. The owner, Kenneth Felinas, asked you to assist him in estimating his main
dmitriy555 [2]

Answer:

Fixed costs= 510

Explanation:

Giving the following information:

Month Maintenance Expense Machine Hours

1 $ 3,480 2,380

2 3,670 2,480

3 3,850 2,580

4 3,980 2,610

5 3,980 2,460

6 4,400 2,620

7 3,970 2,600

8 3,780 2,570

9 3,500 2,390

10 3,120 2,260

11 2,960 1,650

12 3,240 2,250

To calculate the fixed costs, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (4,400 - 2,960) / (2,620 - 1,650)

Variable cost per unit= $1.484536

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 4,400 - (1.484536*2,620)

Fixed costs= $510

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 2,960 - (1.484536*1,650)

Fixed costs= 510

3 0
2 years ago
Grouper Inc. has decided to raise additional capital by issuing $199,000 face value of bonds with a coupon rate of 6%. In discus
leonid [27]

Answer:

A. Dr Cash 152,000

Dr Discount on bonds payable 40,800

Cr Bond Payable 170,000

Cr Paid-in Capital-Stock Warrants 22,800

B. Dr Cash 152,000

Dr Discount on bonds payable 18,000

Cr Bond Payable 170,000.00

Explanation:

A. Calculation for the Journal entry that should be made at the time of the issuance of both the bonds and warrants

Dr Cash $200,900

Dr Discount on bonds payable $21,735

($199,000 - $177,265)

Cr Bond Payable $199,000

Cr Paid-in Capital-Stock Warrants $23,605

(b) Preparation of the journal entry in a situation were the warrants were nondetachable.

Dr Cash $200,900

Cr Discount on bonds payable $1900

($199,000-$200,900)

Cr Bond Payable $199,000

Workings:

Value assigned to bonds=179,100/($179,100+$23,880)

*$200,900

Value assigned to bonds=179,100/$202,980

*$200,900

Value assigned to bonds=$177,265

Value assigned to warrants=$23,880/$202,980*$200,900

Value assigned to warrants=$23,605

8 0
3 years ago
After years of using a mass marketing strategy, Digital Print Shops has responded to new competition from national chain stores
riadik2000 [5.3K]

Answer:

B : Niche marketing

Explanation:

Niche marketing is a form of target marketing where a supplier focuses his marketing efforts towards a particularly small group. His services are usually modelled to the interest of his target market. An example is a pet furniture maker dog houses and other furniture targeted at dogs for purchase by dog lovers.

5 0
3 years ago
An outside supplier offers to provide Epsilon with all the units it needs at $60 per unit. If Epsilon buys from the supplier, th
Oduvanchick [21]

Question Completion:

Epsilon Co. can produce a unit of product for the following:

Direct material $8

Direct labor 24

Overhead 40

Total costs per unit $72

Answer:

Epsilon Co.

Epsilon should choose to:

Make since the relevant cost to make it is $56.

Explanation:

a) Data and Calculations:

Direct material           $8

Direct labor                24

Overhead                  40

Total costs per unit $72

Relevant Costs:

                                 Make              Buy

Direct material            $8

Direct labor                 24

Overhead                   24

Total costs per unit $56                $60

b) It costs Epsilon less to make the units than to buy from the outside supplier.  The relevant cost excludes the 40% of the overhead that will still be incurred by Epsilon if it buys from the supplier.  Relevantly, it costs Epsilon $56 per unit to make when compared to the unit cost of $60 to buy.  In absolute terms, it will cost Epsilon $76 ($60 + $16) to buy as against $72 to make a unit of the part.

6 0
2 years ago
An) _____ is a simple project management planning tool used to break the project plan into smaller and smaller steps.
GrogVix [38]

Answer:

WBS

Explanation:

Work breakdown structure

6 0
2 years ago
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