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Allisa [31]
2 years ago
13

Qucation

Business
1 answer:
RUDIKE [14]2 years ago
3 0

As a result of the record amount of grapes, the equilibrium price decreases while the equilibrium quantity increases. Please find attached the required graph.

<h3>What is the impact of the record amount of grapes?</h3>

If there is a record amount of grapes produced, the amount of wine produced would increase. This is because grapes are an input used in the production of wine.

As a result, the supply of wine would increase. This would lead to a shift to the right of the supply curve for wine. the equilibrium price decreases while the equilibrium quantity increases.

To learn more about supply curves, please check: brainly.com/question/26073189

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The following events took place at a manufacturing company for the current year: (1) Purchased $96,300 in direct materials. (2)
andrezito [222]

Answer:

$90,139.00

Explanation:

ending Work in process inventory = Beginning WIP + Direct Materials + Direct labor + Material Overhead - Cost of goods manufactured

Beginning Work In Progress = 0

Direct Materials = 0.80*$96,300

                           = $77,040

Direct labor = $57,300

Material Overhead = indirect labor + other manufacturing head

                                = $14,900 + $108,300

                                = $123,200

ending Work-in-Process Inventory

= beginning inventories + direct material + direct labor + material overhead

= (0 + $77,040 + $57,300 + $123,200)*0.35

= 257,540*0.35

= $90,139

Therefore, The value of the ending Work-in-Process Inventory is $90,139.

3 0
3 years ago
In Agile projects early risk planning, assessment and response planning is done at a high level, and more detailed and timely ri
kkurt [141]

Answer:

TRUE

Explanation:

Quick program management relates to the factors which determine the success or failures of a task. Risk assessment doesn't need to provide structured risk reports and reviews on agility programs. Risk management is integrated into scrum jobs, tools, and activities.

Agile risk assessment is achieved more by then describing activities. Several Agile methods search throughout the process to define and minimize the risks.

4 0
3 years ago
Jan. 5 Declared a $0.50 per share cash dividend, date of record January 10. Mar. 20 Purchased treasury stock for cash. Apr. 5 De
juin [17]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

6 0
3 years ago
Hagos Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.84 direct labor-
Naya [18.7K]

Answer:

$31584

Explanation:

Solution

The first step is to compute the total direct labor hours required for production:

Now for the month of June,

The total direct cost of labor = The produced Unit * The Hours per unit

= 2100 * 84 hours per unit

It gives us

=1,764 Hours

For the month of July,

The total direct cost of labor = The produced Unit * The Hours per unit

= 1900 * 84 Hours per unit

= 1,596 Hours

Next is to calculate the direct labor cost.

For the month of June

Direct labor cost =  Direct labor hours *  The rate per direct labor hour.

= 1,764 Hours * $9.40 per hour

= $16581.6

For the month of July

Direct labor cost =  Direct labor hours *  The rate per direct labor hour.

= 1,596 Hours * $9.40 per hour

= $15002.4

Now,

We will compute pr find the combined direct labor cost for the two months

The combined direct labor * Direct labor cost (June) + Direct labor cost (July)

Which is now,

= $16581.6 + $15002.4 = $31584

Therefore the combined direct labor cost for the two months is $31584

7 0
3 years ago
I need help What is an IPO?
lisabon 2012 [21]

Answer:

An IPO stands for Initial Public Offering. It's a public offering in which shares of a company are sold to institutional investors and usually also retail investors.

8 0
2 years ago
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