Answer:
The answer is: Duncan's materials costs per unit was $1.50 ($6.10 - $4.60) less than Davis's materials costs per unit.
Explanation:
We must first calculate the materials costs for both companies:
- Duncan's total costs was $457,250 minus conversion costs of $279,000 equals total materials costs of $178,250.
-
Davis's total costs was $721,056 minus conversion costs of $381,408 equals total materials costs of $339,648
.
Now we calculate the materials costs per unit produced:
- Duncan's total materials costs $178,250 divided by 38,750 units equals $4.60 per unit.
- Davis's total materials costs $339,648 divided by 55,680 units equals $6.10 per unit.
So Duncan's materials costs per unit was $1.50 ($6.10 - $4.60) less than Davis's materials costs per unit.
.
Answer:
$246,287.86
Explanation:
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate = 7/4 = 1.75%
N = number of years = 4 x 3 = 12
$200,000( 1.0175)^12 = $246,287.86
Answer:
The correct answer is personal consumption plus gross private investment plus government spending plus net exports.
Explanation:
Total spending in an economy is the sum of personal consumption plus gross private investment plus government spending plus net exports.
Personal consumption expenditure is spending by consumers on goods and services. Gross private investment is the expenditure by the businesses.
Government spending is the expenses incurred by the government. Net exports are the amount spend on the purchase of goods and services from abroad.
All these together make total spending in an economy.
in a traditional economy resources are controlled by the people resources are used in their natural state
<h3>What is a traditional economy?</h3>
A traditional economy can be described as a kind of economic system whereby the traditions as well as the customs, and beliefs is been used in shaping the goods as well as the services of the economy produces, in the manner of their distribution.
In this case, it should be noted that Countries that use this type of economic system are often rural and farm-based, hence traditional economy resources are controlled by the people resources are used in their natural state
Learn more about traditional economy from
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Answer:
Shawn would choose form 1040 filing tax form.
Explanation:
