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3 years ago

how can electricity, communication, and transportation facilities indicate the potential for industrial growth?

Business

1 answer:

pashok25 [27]3 years ago

6 0

Answer:

The more electricity, communications, and transportation used in a nation's economy, it will give them a more developed country and a greater potential for increased industrialization.

Explanation:

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In a long-run equilibrium,

Serga [27]

Answer: Option (d) is correct.

Explanation:

Correct option: Only a perfectly competitive firm operates at its efficient scale.

In the perfectly competitive market and in the long run, the firms who are making losses will exit the market and those firms who are able produce at a point where price is equal to the average total cost will exist in the market.

However, monopolistic firms operates at a below efficient level of production and with an excess capacity.

Competitive firms are generally enjoys the productive efficiency in the long run because these firms have the capability to produce at a lower average total cost.

8 0

3 years ago

mr_godi [17]

Complete Question:

S4-2 (similar to) Question Help. Sally's Furniture uses departmental overhead rates (rather than a plantwide overhead rate) to allocate its manufacturing overhead to jobs. The company's two production departments have the following departmental overhead rates: Cutting Department: $8 per machine hour Finishing Department: $14 per direct labor hour Job 112112 used the following direct labor hours and machine hours in the two manufacturing departments:

Resources used for Job 112112

Cutting Finishing

Direct Labor Hours 6 10

Machine Hours 6 7

Requirements:

1. How much manufacturing overhead should be allocated to Job 112112?

2. Assume that direct labor is paid at a rate of $23 per hour and Job 112112 used $2,400 of direct materials. What was the total manufacturing cost of Job 112112? 1. How much manufacturing overhead should be allocated to Job 112112? Calculate the total manufacturing overhead for the job by using a formula for each department's overhead amount and then adding both amounts together. First determine the formula and overhead for the Cutting Department.

Answer:

Sally's Furniture

1. Manufacturing overhead allocated to Job 112112:

Cutting department = Machine hour rate x machine hours

= $8 x 6 = $48

Finishing department = Direct labor hour rate x direct labor hours

= $14 x 10 = $140

Total manufacturing overhead = $188 ($48 + 140)

2. Total manufacturing cost of Job 112112:

Direct materials = $2,400

Direct labor = 368 (16 x $23)

Overhead = 188

Total cost = $2,956

Explanation:

a) Data:

Departmental overhead rates:

Cutting Department: $8 per machine hour

Finishing Department: $14 per direct labor hour

b) Job Costing is a costing method that allocates the costs of resources for manufacturing goods and services according to the costs consumed by each job. Each job becomes a cost center for accumulating costs instead of the process involved in the production. The system helps management to keep track of the costs of each job.

5 0

3 years ago

Diamond Company has three product lines, A, B, and C. The following financial information is available:

const2013 [10]

Answer:

e. Increase by $4,500.

Explanation:

<u>Analysis of the effect of discontinuing Product Line C</u>

Income :

Rent Income $6,000

Savings : Fixed Costs - Avoidable $3,000

Total Income $9,000

Costs :

Opportunity Cost - Contribution Margin $4,500

Total Costs $4,500

Net Income (Loss) $4,500

therefore,

By discontinuing Product Line C, operating income for the company will likely Increase by $4,500

5 0

3 years ago

Acquiring Company is considering the acquisition of Target Company in a stock for stock transaction in which Target Company woul

ad-work [718]

Answer:

1) 0.8333

2) 16,666

3) 2.33

4) 56.40

5) 2.2

Explanation:

Share Exchange Ratio = Price per share for Target Company / Market price per share for Acquiring Company = $50 / $60 = 0.8333

New shares issued by Acquiring Company = Shares of Target Company x Exchange ratio (20,000 x 0.8333) = 16,666

Total shares outstanding of the combined companies = 60,000 + 16,666 = 76,666

Post-merger EPS of the combined companies = ($150,000 + $30,000)/ 76,666 = $2.35

Pre-merger EPS of Acquiring Company = $150,000 / 60,000 = $2.50

Post-merger share price = $2.35 x 24 (pre-merger P/E = $60.00/$2.50) = $56.40

Purchase price = 50 * 20,000 = 1,000,000

Interest expense = 1,000,000 * 8% = 80,000

Post-merger earnings = 150,000 + 30,000 – 80,000 * (1-0.4) = 132,000

Therefore, Post-merger EPS of the combined companies = 132,000/60,000 = 2.2

6 0

4 years ago

_____ occurs when a government demands partial transfer of ownership and management responsibility and imposes regulations to en

Reil [10]

Answer: Domestication.

Explanation:

Domestication is a method of contoling foreign investment in a country by setting limits to what a foreigner can own in a country. Domestication ensures that the owners of major investments in a country are majorly citizens of that country.

7 0

3 years ago

how can electricity, communication, and transportation facilities indicate the potential for industrial growth?​

how can electricity, communication, and transportation facilities indicate the potential for industrial growth?