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wariber [46]
3 years ago
12

Roaming Vehicles Company manufactures buggies. Manufacturing a buggy takes 20 units of wood and 1 unit of steel. Scheduled produ

ction of buggies for the next two months is 500 and 600 units, respectively. Beginning inventory is 4,000 units of wood and 30 units of steel. The ending inventory of wood is planned to decrease 500 units in each of the next two months, and the steel inventory is expected to increase 5 units in each of the next two months.
How many units of steel are expected in the material inventory at the end of the second month?
Business
1 answer:
Levart [38]3 years ago
7 0

Answer: 40 units of steel.

Explanation:

The steel inventory is expected to increase by 5 units every month for two months.

Steel inventory in two months = Beginning inventory + 5 + 5

= 30 + 5 + 5

= 40 units of steel.

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When perfectly competitive firm X sells three units of product Z, its marginal revenue is $4.67. When it sells 100 units, margin
zvonat [6]

Answer:

is $4.67

Explanation:

Marginal revenue of a company selling a product is the extra revenue realised from the sale of extra units of the product.

For example if 1 unit of a pen is sold at $5, the marginal revenue is 5/1= 5.

Also when 10 units are sold at $50, marginal revenue is 50/10= 5.

So for extra sales of product Z the marginal revenue is $4.67 showing that is the price per unit of Z, and it is constant.

6 0
4 years ago
Mandy Corporation sells a single product. Budgeted sales for the year are anticipated to be 640,000 units, estimated beginnint i
Georgia [21]

Answer:

material A = $186,600

material B = $1,057,400

material C = $746,400

Explanation:

Mandy corporation plans to sell 640,000 units this year. They only have 98,000 in beginning inventory and they want to have 80,000 in ending inventory. That means that they will need to produce 622,000 units this year: 640,000 - (98,000 - 80,000) = 622,000

Their total materials cost for the year will be:

material A) 622,000 x 0.5 lb x $0.60 per pound = $186,600

material B) 622,000 x 1 lb x $1.70 per pound = $1,057,400

material C) 622,000 x 1.2 lb x $1 per pound = $746,400

4 0
3 years ago
You produce T-shirts, and it costs $3 to make each shirt. If you choose a price of $5 for each shirt, then you will _____.
aliya0001 [1]
The answer is earn a profit.
You produce a T-shirt and its cost is 3 dollars to be able to make one.
Now, you choose a price of 5 dollars for each shirt. Therefore:
5 dollars price - 3 dollars capital = 2 dollars profit.
SO, you have earned profit
4 0
3 years ago
What is the difference between Special warranty deed vs general warranty deed
GenaCL600 [577]

General warranty deed  and Special warranty deed are warranty deeds used for real estate sales where belongings, either residential or commercial, is transferred between organization unacquainted with each other. Possession of a property is transferred from the seller to the buyer with definite assurance against future problems or claims, which will defend the buyer against fraud.  

However, the assurance in a General warranty deed will cover the belongings entire previous account, the  Special warranty deed will only covers the time period for which the seller owned it. While the seller in a General warranty deed has to protect the title against all other assertion and compensate the buyer for any tentative debts or amends, the seller in Special warranty deed is only responsible for debts and problems accumulated or caused during his possession of the belongings.

6 0
3 years ago
Why is competition limited in an oligopoly?
Gnom [1K]
An oligopoly is a market form in which a market is dominated by a small number of sellers. For example, as of fourth quarter 2008, Verizon, AT&T, Sprint, and T-Mobile together control 97% of the US cellular phone market. Competition is limited in an oligopoly because barriers to entry are high.The most important barriers are government licenses, economies of scale, patents, access to expensive and complex technology, and strategic actions by incumbent firms designed to discourage or destroy nascent firms. 
6 0
4 years ago
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