Which person's unemployment is an example of frictional unemployment?

Wilcox Company has budgeted sales volume of 60,000 units and budgeted production of 54,000 units, while 10,000 units are in begi

VARVARA [1.3K]

Answer:

4,000 units

Explanation:

Given that

Sales volume = 60,000 units

Budgeted production = 54,000 units

Beginning finished goods = 10,000 units

The computation of units for ending finished goods inventory is computed below:-

Budgeted production = Ending finished goods + Sales volume - Beginning finished goods

54,000 = Ending finished goods + 60,000 - 10,000

54,000 = Ending finished goods + 50,000

= 4,000 units

6 0

4 years ago

Gomez runs a small pottery firm. He hires one helper at $13,000 per year, pays annual rent of $5,500 for his shop, and spends $2

alisha [4.7K]

Answer:

(a) $35,000

(b) $8,000

Explanation:

(a) Accounting profit:

= Total revenue - Explicit cost

= $75,000 - (wages + Annual rent + Material cost)

= $75,000 - ($13,000 + $5,500 + $21,500)

= $75,000 - $40,000

= $35,000

(b) Economic Profit:

= Total revenue - Explicit costs - Implicit costs

= $75,000 - (wages + Annual rent + Material cost) - (Income from investment + Earnings as a potter + Worth of entrepreneurial talents)

= $75,000 - ($13,000 + $5,500 + $21,500) - ($5,500 + $19,000 + $2,500)

= $75,000 - $40,000 - $27,000

= $8,000

8 0

4 years ago

Cultural tourism or World Heritage sites are often designated by:

Mrrafil [7]

Answer:

The correct answer is letter "B": United Nations Educational, Scientific, and Cultural Organization.

Explanation:

The United Nations Educational, Scientific, and Cultural Organization (UNESCO) is a specialized organism of the United Nations (UN) System. UNESCO works towards creating proper conditions for communication between civilizations, cultures, and peoples, funded in respect of human values. At the same time, contributes to peace conservation and worldwide security through the promotion of cooperation between countries through science, culture, communication, and information.

The UNESCO World Heritage Committee is the board in charge of designing cultural and natural World Heritage sites such as the Taj Mahal (India), the Historic Sanctuary of Machu Picchu (Peru) or the Serengeti National Park (Tanzania).

5 0

3 years ago

Jill Scott is an accountant with Cameron and Associates, a law firm in downtown Seattle. The firm maintains a checking account w

gladu [14]

Answer:

There are usually 3 parties to a check transaction

The Drawer, the Drawee and the Payee.

The Drawee in this instance is Southern Rock Bank

Explanation:

The Bank warehousing the funds/Money is the one a check is drawn against, hence the term 'drawee"

The Account owner or representative who writes a check giving authority to the Bank to release of the Funds in its possession is the "Drawer

And the Beneficiary of the drawn up check becomes the Payee.

5 0

3 years ago

A company uses 30% common stock and 70% long-term debt to finance its operations. An increase in which one of the following will

wariber [46]

Answer:

a. Number of bonds outstanding

Explanation:

In the case when the firm wants to issue the new bonds but keeping the equity portion constant so the debt weight should increased from 70% to the higher weightage

So as per the given situation, the option a is correct as it also increased the number of outsanding bonds

Therefore the same is to be considered

Hence, the other options seems wrong

4 0

3 years ago