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2 years ago

A company makes $200,000 in a year and has $150,000 in production costs, leaving them with $50,000. The $200,000 represents

Business

1 answer:

NeX [460]2 years ago

4 0

Answer:

The $200,000 represents the revenue and the $50,000 represents the profit.

Explanation:

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Delicious77 [7]

Answer

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The answer will be consumer surplus decreases.

Explanation:

Consumer surplus is a measure of consumer welfare. It is measured as the difference between what customers are willing and able to pay for a good and the price they actually pay.

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3 years ago

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3 years ago

To allocate scarce goods and resources, a market economy uses . This means that individuals will get the goods and services if t

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3 years ago

Blowing Sand Company has just received a one-time offer to purchase 10,000 units of its Gusty model for a price of $22 each. The

VLD [36.1K]

Answer:

a. Accept the order

b. Increase in short-term profit of $50,000

Explanation:

Note : Blowing Sand has "enough excess capacity" this means that fixed cost will be the same in the range or they will be ocurred whether or not the special order is accepted.

Therefore fixed costs are Irrelevant for this decision.

Incremental Costs and Revenues - accept the special order

Sales ( 10,000 units × $22 each) $220,000

Less Variable Costs ( 10,000 units × $17each) ($170,000)

Net Income $50,000

The special order will result in an increase in short term profit of $50,000. Therefore, Blowing Sand Company should accept the order.

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3 years ago

Read 2 more answers

A company has two products: standard and deluxe. The company expects to produce 37,775 standard units and 63,640 deluxe units. I

jarptica [38.1K]

Answer:

Results are below.

Explanation:

First, we need to calculate the activity rates for each cost pool:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Activity 1= 103,850 / (2,500 + 5,250)= $13.4 per unit of activity

Activity 2= 106,000 / (4,500 + 5,500)= $10.6 per unit of activity

Activity 3= 95,120 / (3,000 + 2,800)= $16.4 per unit of activity

Now, we can allocate overhead to Standard:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Standard:

Activity 1= 13.4*2,500= $33,500

Activity 2= 10.6*4,500= $47,700

Activity 3= 16.4*3,000= $49,200

Total allocated costs= $130,400

Finally, the unitary cost:

Unitary cost= 130,400 / 37,775

Unitary cost= $3.45

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3 years ago