Problem solving and critical thinking are ______ because they use logic and reasoning to develop and evaluate options

Variable manufacturing costs are $126 per unit, and fixed manufacturing costs are $157,500. Sales are estimated to be 10,000 uni

AveGali [126]

Answer:

$52,500

Explanation:

Plan - 1 Plan - 2

Units produced 10,000 15,000

Variable Manufacturing cost $126 $126

Fixed manufacturing cost $15.75 $10.50

($157,500 ÷ Units produced)

Unit cost $141.75 $136.50

Working note

Fixed manufacturing cost for Plan A = $157,500 ÷ 10,000

= $15,75

Fixed manufacturing cost for Plan B = $157,500 ÷ 15,000

= $10.50

Unit cost for Plan A = $126 + $15.75

= $141.75

Unit cost for Plan B = $126 + $10.50

= $136.50

Income under two plans different for the amount as below Number of units in ending inventory in Plan -2 = 5,000 units

(i.e. 15000 units produced - 10,000 units sold)

Fixed manufacturing of per unit = $10.5

Difference in Income in two plans under Absorption costing = 10,000 × $10.5

= $52,500

Variable costing

Therefore, there will be no difference in income of Two plans under Variable costing.

5 0

4 years ago

In handling the ethics problem in his class, Professor Quinn acted as an ethical leader by supporting and enforcing the ethical

BaLLatris [955]

Answer:

The correct answers are letters "B" and "D": Punishing the entire class when an ethical violation occurred; Providing ethics training only to students who admitted to cheating.

Explanation:

By punishing the entire class when an ethical violation occurred, Professor Quinn is not acting objectively. In such cases, only the students at fault should be punished for their actions. If the rest of the students acted ethically there is no reason for them to be punished. In remorse, those students could start to act unethically since they know even acting correctly they will be punished anyway.

Besides, providing ethics training only to students is inappropriate. The unethical action must serve as an example for all students in a class as an act that must not be replicated. Thus, all of them should be instructed on what to do to avoid such situations.

7 0

3 years ago

Suppose the economy is producing at the natural rate of output. An increase in consumer and business confidence will cause _____

Leokris [45]

Answer:

d) no change; a decrease

Explanation:

The Real GDP (gross domestic product) is a macroeconomic term which is the measurement of the value of services and goods produced by economy in a certain or specific time period compared to normal GDP. The influencer elements of Real GDP are very miscellaneous due to long run and short run periods. Then, the determinants which impact on the long run growth of an economy are:

1) Growth of productivity that means the ratio of economic outputs to inputs

2)Demographic changed that means the change of quantity or quality of employment, age structure and etc.

3)Labor Force participation which means that which amount participation there is in labor activities.

As seen above, the consumer and business confidence will not have any positive or negative effect on the real GDP.

Inflation is one of the most important macroeconomic indicator that intends the rate how the purchase power of the money is falling by the rising on the price levels of goods and services. In long run, the most influencing element for inflation is the rate of money supply but if we consider business and consumer confidence are the positive things for the developing of GDP, then they will have a little bit decrease effect on inflation.

8 0

3 years ago

What can discretionary funds be used to pay for?

Bogdan [553]

Answer:

Discretionary funds are used for spending, investing, or saving after paying taxes and paying for personal necessities, such as food, shelter, and clothing.

Explanation:

Discretionary income incorporates cash spent on extravagance things, excursions, and unnecessary merchandise and ventures. Since Discretionary income is the first to shrivel in the midst of an occupation misfortune or pay decrease, organizations that sell optional merchandise will, in general, endure the most during monetary downturns and downturns.

Discretionary income is a significant marker of monetary well being. Financial specialists use it, alongside extra cash, to determine other significant monetary proportions, for example, the peripheral affinity to expend (MPC), minor inclination to spare (MPS) and purchaser influence proportions.

7 0

3 years ago

Read 2 more answers

A bank asks customers to evaluate the drive-thru service as good, average, or poor. Which level of measurement is this classific

Lelechka [254]

Answer:

B. Ordinal

Explanation:

Ordinal scales of measurement is the second level of measurement that measures non numeric concepts like happiness, comfort, discomfort, etc

ordinal scale identifies rank of variables with orders like good, very good, excellent etc. An example of ordinal scale of measurement is the Likert scale with measures data with orders like strongly agreed, agreed, , disagreed, strongly disagreed .

In ordinal scale of measurement, it is the order that matters. Therefore a bank that allows its customers to evaluates its drive - thru service as good, average or poor is using the ordinal scale of measurement

7 0

3 years ago