Answer:
December 31 inventory = $208,000
Explanation:
Given:
Goods costing = $170,000
Goods purchased = $20,000
Goods sold = $18,000 for $26,000
Computation:
December 31 inventory = $170,000 + $20,000 + $18,000
December 31 inventory = $208,000
Answer: Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.
Explanation:
x- Number of Yellow cakes
y- Number of Strawberry cakes
Time constrain is given by
Revenue is given by,
At the vertices, revenue is
At (0,0)
TR = $0
At (0,150)
At (225,0)
Therefore, Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.
Answer:
Let us take ABC Company, a manufacturing company to be our example company in discussing the fixed costs. Fixed costs are costs that remain constant for a given period of time regardless of changes in volume. The ABC Company’s fix costs includes the rent, insurance on property, and depreciation on machinery and equipment.
The rent is a fixed cost because it has a fixed amount which is to be paid every month. And the insurance on property is a fixed costs since the amount of the insurance that the company pays every month is already fixed and cannot be changed. The depreciation on machinery and equipment is also a fixed costs because the amount of depreciation is already computed and allocated every year to be expended and recorded at fixed cost.
For order less than $20, some establishment offer a $4 rushed production option. Although some other establishment might offer different prices depending on the amount of order.
<h3>What is Rush Shipping?</h3>
Rush shipping or rush orders are purchase of goods that need to be taken care of or sorted out and delivered by a much sooner date. This particular date is not the standard date for the particular goods to be shipped but because of circumstances, they are delivered before the standard arrival due date.
Normally, using a rush shipping order is a special request and because of this the price might vary from the normal prices. They are special orders.
Learn more about Rush Shipping here:
brainly.com/question/24920251
If demand changes greatly with a small change in price, we say the demand is elastic.
