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disa [49]
2 years ago
7

The Cutting Department at Blanc Company had beginning work in process inventory of 4,000 units, transferred out 9,000 units, and

had 2,000 units in ending work in process inventory. The number of units started into production by the Cutting Department during the month is
Business
1 answer:
Alecsey [184]2 years ago
7 0

Answer:

The number of units started into production is 7,000.

Explanation:

Number of units started into production = Units transferred out + units of ending work in process - units of beginning work in process

                                                                   = 9,000 + 2,000 - 4,000

                                                                   = 7,000

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The price of an item can rise or fall
5 0
3 years ago
Read 2 more answers
Jaycee Jeans sold 40 pairs of jeans at a price of $40. When it lowered its price to $20, the quantity sold increased to 60 pairs
grigory [225]

Answer:

The answer is: A) 0.6

Explanation:

First we will calculate the midpoint for units:

  • change in units = 40 - 60 = -20
  • average units = (40 + 60) / 2 = 50
  • midpoint for units = 20 / 50 = 0.4 (we only use positive numbers)

Now we will calculate the midpoint for price:

  • change in price = 40 - 20 = 20
  • average price = (40 + 20) / 2 = 30
  • midpoint for units = 20 / 30 = 0.67

Finally we divide 0.4 / 0.67 = 0.6

4 0
2 years ago
10. Assume that at the current market price of $4 per unit of a good, you are willing and able to buy 20 units. Last year at a p
ICE Princess25 [194]

Answer:

The correct answer is option C.

Explanation:

At the current market price of $4, the quantity demanded is 20 units.  

Last year at the same price the quantity demanded was 30 units.  

This means that the price remains constant, the quantity has declined from last year. This indicates that the demand has declined over the year shifting the demand curve to the left.

6 0
3 years ago
in an essay of at least 2 well-developed paragraphs, explain how the theories of Adam Smith and john maynard keynes are seen in
Alona [7]

Answer:

In our present American free enterprise economic system:

Some people want to see pure capitalism being put in place.  This means that there is no government interference with the workings of the economy.  Some others, including the government, have understood that there is no perfect capitalism.  As such, they call for government intervention to ensure that economic crises are not allowed free reign.

Adam Smith, as a philosopher, vehemently advocated for a free market economy without any form of government interference.  He did not even support the imposition of taxes by the government.  John Maynard Keynes also supported a free market economy, but he advocated for some government intervention from time to time.  John Keynes stated that government must intervene during economic crises through subsidies.

Explanation:

Adam Smith elevated the economic theory of laissez-faire. He noted that the free markets needed only the invisible hand to regulate themselves by means of competition, supply and demand, and self-interest.  John Keynes advocated for increased government expenditures and lowering of taxes as two important means to stimulate market demand and pull the global economy out of depression.

8 0
2 years ago
Red’s Roofing buys asphalt roofing tiles from Shingles, Inc. The parties agree that the tile will be shipped "F.O.B. Shingles’s
Yakvenalex [24]

Answer:

(C) Red's Roofing

Explanation:

Free on Board indicates that once the seller leaves the package next to the shipping company's boat they are no longer liable for obligations, costs, or risks involved in the delivery of the product, and that is instead all transferred to the buyer. Therefore by accepting to purchase this product as this type of shipping then the loss is suffered by Red's Roofing.

8 0
3 years ago
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