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Ne4ueva [31]
3 years ago
14

Analyze what happens to the market for KFC if the price of Mcdonald's burger falls.

Business
1 answer:
ICE Princess25 [194]3 years ago
7 0
Bruh nothing gonna happen cus chicken will never be beaten by McDonands.
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wariber [46]

1,500 is the answer ......

7 0
3 years ago
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Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018: Factory rent $ 42,000
Doss [256]

Answer:

Results are below.

Explanation:

<u>1) Direct materials are those materials and supplies that are consumed during the manufacture of a product, and which are directly identified with that product.</u>

<u></u>

Direct material= Thread + Premium quality cotton material + Buttons

Direct material= 1,000 + 42,000 + 750

Direct material= $43,750

<u>2) Direct labor is production or service labor that is assigned to a specific product, cost center, or work order.  </u>

Direct labor= Wages paid to seamstresses  + Wages paid to cutters Direct labor= 75,000 + 50,000

Direct labor=  $125,000

<u>3) Manufacturing overhead refers to indirect factory-related costs that are incurred when a product is manufactured</u><u>.</u>

Manufacturing overhead= Factory rent + Utilities for factory + Cutting room supervisor's salary + Factory insurance + Depreciation on sewing machines

Manufacturing overhead= 42,000 + 22,000 + 30,000 + 15,000 + 6,000

Manufacturing overhead= $115,000

4) Total manufacturing costs= 43,750 + 125,000 + 115,000

Total manufacturing costs= $283,750

5) Prime cost= direct material + direct labor

Prime cost= 43,750 + 125,000

Prime cost= $168,750

6) Conversion cost= direct labor + MOH

Conversion cost= 125,000 + 115,000

Conversion cost= $240,000

7) <u>Period costs are not directly tied to the production process</u>. Overhead or sales, general, and administrative (SG&A) costs are considered period costs. SG&A includes costs of the corporate office, selling, marketing, and the overall administration of company business.

Period costs= Company advertising + Depreciation on salespersons' vehicles + President's salary

Period costs= 18,000 + 25,000 + 75,000

Period costs= $118,000

8 0
3 years ago
This scenario is an example of how a shift in demand can be created by---
tester [92]

Answer:

D

Explanation:

I got this answer due to how the costumer preference had nothing to due with the price

4 0
3 years ago
Assume that you manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 27%. The T-bill rate
guapka [62]

Answer:

Consider the following calculations

Explanation:

a) If the weight of risky portfolio is 'y' then weight of T-bill would be (1-y).

Expected return on clients portfolio = weight of risky portfolio x return on risky portfolio + weight of T-bill x return on T-bill

or, 15% = y x 17% + (1 - y) x 7%

or, y = 0.8

weight of risky portfolio = 0.8, weight of T-bill = 0.2

b)

Security Investment Proportions

T-bill 20% (from part a)

Stock A 80% x 0.27 = 21.6%

Stock B 80% x 0.33 = 26.4%

Stock C 80% x 0.40 = 32%

Total 100%

4 0
3 years ago
A severe freeze has once again damaged the Florida orange crop. The impact on the market for orange juice will be a leftward shi
mezya [45]

Answer:

C. Supply Curve

Explanation:

Supply : Quantities sellers are able & willing to sell at a price , period . Determinants :  Price (price supply direct relationship - upward sloping curve) , Inputs Price , Other goods price , Technology , Govt Policy , Seasonal factors .

Change in supply due to Price is 'Change in Quantity supplied' , leads  to movement along the curve . Change in Supply due to other factors is 'Change in Supply' & shifts the curve

Damage of orange crop will decrease its supply & hence derived supply of its by product orange juice .

Since the decrease in supply is due to other (seasonal) factor , it will shift the supply curve - decrease it & leftward shift . This supply deficiency leads to excess demand raising the equilibrium prices finally .

5 0
3 years ago
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