Answer:
Total costs= $75,000
Explanation:
Giving the following information:
For 10,000 units:
$40,000 for direct labor
$4,000 for electric power
Total fixed costs are $23,000
We need to determine the unitary variable cost for direct labor and electric power:
Unitary direct labor= 40,000/10,000= $4
Electric power= 4,000/10,000= $0.4 per unit
Now, for 12,000 units:
Total direct labor cost= 4*12,000= $48,000
Electric power= 0.4*12,000= $4,800
Fixed costs= 23,000
Total costs= $75,000
Answer:
The answer is C. how much wealth people want to hold in liquid form
Explanation:
Money demand is the demand for holding cash. Money demand is also desired holding of money, whether the money is cash at hand or bank deposits. This can be likened to the transactional motive of holding money.
Money demand is affected by the following: level of income, inflation, interest rate etc...
Answer: $13,400
Explanation:
Current Assets are those that will be used up in a year and in this question are;
= Accounts Receivable + Inventory + Supplies + Prepaid rent + Cash
= 2,600 + 3,200 + 300 + 2,100 + 5,200
= $13,400
<span>According to the theory of comparative advantage, trade and specialization Raise productivity by lowering opportunity cost.
According to this theory, focussing on something that does not give the company in a competitive advantage will only wasting up resource because they simply compete with the companies who have the competitive advantages.</span>