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2 years ago

12

True or false: by bundling the two books together, book bound can force bookstores to pay more than they would be willing to pay

when purchasing the books separately.

1 answer:

andrezito [222]2 years ago

8 0

Answer:

False

Explanation:

When tying products together like this vendors aren't required to pay higher prices. This makes the statement false.

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The hardest part about finding work is _____.

Snezhnost [94]

Hey there,

Getting the first job would probably be the hardest. So the answer is C.

Hope this helped, have a great day :)

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2 years ago

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Inacio Corporation uses the weighted-average method in its process costing system. Data concerning the first processing departme

lakkis [162]

Answer:

Option D , $15.12

Explanation:

Weighted-average method :

Materials

Units transferred to the next department = 10,300

Ending work in process:

Materials: 1,200 units × 90% = 1080

Equivalent units of production =10,300+1080= 11,380

Materials

Cost of beginning work in process inventory= $2,700

Costs added during the period = $173,900

Total cost (a) =$173,900+$2,700 = $176,600

Equivalent units of production (b)= 11,380

Cost per equivalent unit (a) ÷ (b) = $15.51

The cost per equivalent unit for materials for the month in the first processing department is closest to $15.51

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2 years ago

A product sells for $5, and has unit variable costs of $3. This product accounts for $20,000 in annual sales, out of the firm's

Ronch [10]

Answer:

0.1333

Explanation:

Given that,

Selling price = $5

Variable cost = $3

Annual sales = $20,000

Total sales = $60,000

Contribution margin:

= Selling price - Variable cost

= $5 - $3

= $2

Number of units sold:

= Annual sales ÷ Selling price

= $20,000 ÷ $5

= 4,000 units

Total contribution sales:

= Number of units sold × Contribution margin per unit

= 4,000 units × $2

= $8,000

Weighted contribution:

= Total contribution sales ÷ Total sales

= $8,000 ÷ $60,000

= 0.1333

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2 years ago

What is the difference between patronizing your favorite store and patronizing your little brother?

Ugo [173]

Patronizing a store means helping it buy going there often, and basically buying things often and consequently giving it money..

Patronizing a little brother means behaving condescendingly towards, a kind of master-slave relationship... One should never do that...

3 0

3 years ago

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If rice is an inferior good: a. the income elasticity of demand for rice will be positive. b. an increase in income will cause t

tatuchka [14]

Answer: The answer is b -an increase in income will cause the demand curve of an inferior good to shift to the left.

Explanation: An inferior good is a good whose demand reduces as income increases. It's demand has an inverse or negative relationship with income. Therefore as the income of the individual increases, the demand for an inferior good reduces. On a graph, the reduction in demand is depicted by an inward shift of the demand curve or a shift of the demand curve to the left to show a reduction in demand. Income is one of the factors that leads to a shift in the demand curve. The income elasticity would be negative

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3 years ago