Answer:
Total indirect product costs $30,750
Explanation:
The indirect product costs refer to all the costs that are associated with the manufacturing overheads and can be calculated as follows:
Electricity used in the Factory $25,000
Factory foreperson salary $3,750
Maintenance of factory machinery $2,000
Total indirect product costs $30,750
Answer:
The minimum cost production lot size = 2447.75
Explanation:
Given
D = Demand = 7,800 copies.
C = Setup costs = $135 per setup.
A = Cost = $13.5.
R = Holding Cost Annual Rate = 17%
P = Production volume = 26,000 copies.
W = Working days = 250 per year
L = Lead time for a production run = 14 days
First we calculate the usage rate.
The usage rate = Annual rate of demand ÷ Working days
Usage Rate = 7500 ÷ 250 = 30 units daily
Then we calculate the production units
Production (P) = Annual Production Volume ÷ Working days
P = 26000 ÷ 250 = 104 units daily
Then we calculate the cost production lot size
This is calculated by
Cost production lot size = √(2DC)/√(1 - (D/P)R * A)
By substituton
Cost Production = √(2 * 7500 * 135)/√(1 - (7500/26000) * 0.17 * 13.5)
Cost Production = 2447.746953702503
Hence, the minimum cost production lot size = 2447.75 --- Approximately
Answer: Incentives
Explanation:
Incentive Fees which can also be known as Performance Fees are an ADDITIONAL form.of compensation that are tied to an Employee's salary based on their level of performance or more specifically, their level of Financial return.
They can be calculated in various ways but the main goal is to encourage the employee to keep up the good work.
Endrik received the Incentive of a large bonus check for Exceeding the Sales expectations of the company. This will spur him to keep up the good work.
Answer:
The answer is C. Some firms exiting the market
Explanation:
When there is a sudden fall in the market demand in a competitive industry(e.g perfect competition) some firms would making economic losses and it is best if they shut down operation and production. Once these happen, they exit the market.
Option A is incorrect . Same as option B.
Option D is also incorrect
A sudden fall in market demand in a competitive industry can lead to a short-run market equilibrium price lower than the original equilibrium, some firms exiting the market, and a market equilibrium price higher than the short-run price.
In a competitive industry, a sudden fall in market demand can have several effects. The correct answer is (d) All of the above. When market demand falls, it creates excess supply in the market, leading to a decrease in the market equilibrium price. This means that option (a) is correct. The lower price in the short run may cause some firms to exit the market due to lower profitability, which confirms option (c). Lastly, in the long run, if demand remains low, the market equilibrium price may eventually be higher than the short-run price as the supply adjusts to the lower demand, validating option (b).
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Answer:
3.8%
Explanation:
3 year bonds yielding 3.2%
6 year bonds yielding 5.0
Annual pay bond 4 years
Yielding bond+[(Annual pay bond- Bonds years)/bond years]×(Yielding bond-Yeilding bonds)
Let plug in the formula
Interpolating: 3.2% + [(4 - 3) / (6 - 3)] × (5.0% - 3.2%)
=3.2%+[1/3×(1.8%)]
= 3.2%+(0.33333×1.8%)
=3.2%+0.006
=0.032+0.006
=0.038×100
=3.8%
Alternatively,
Interpolating: 3.2% + [(4 - 3) / (6 - 3)] × (5.0% - 3.2%) =3.8%
In this case the analyst should estimate a YTM for the non-traded bond that is closest to: 3.8%
b. The mayor would be correct if demand were price inelastic; the city manager would be correct if demand were price elastic.
c. Both the mayor and city manager would be correct if demand were price elastic.
d. Both the mayor and city manager would be correct if demand were price inelastic.
Answer:
b. The mayor would be correct if demand were price inelastic; the city manager would be correct if demand were price elastic.
Explanation:
-An elastic demand is when the change in the price generates a high percentage change in the quantity demanded.
-An inelastic demand is when the change in the price generates a low percentage change in the quantity demanded.
According to this, the answer is that the mayor would be correct if demand were price inelastic because the increase in price won't generate an important change in the demand which allows to increase the revenues and the city manager would be correct if demand were price elastic because the decrease in the price would generate a higher change increasing the demand which can allow to raise revenues.
B. the account that includes transactions like imports and exports, income earned by Americans abroad, and net transfers to other countries.
C. the national income account that tracks all purchases made by businesses within the last six months.
Answer:
The account that includes transactions like imports and exports, income earned by Americans abroad, and net transfers to other countries.
Explanation:
A current account can be defined as an account that record the different transactions a country carries out with another country. A current account comprises of net primary income, earnings from foreign investors that have occurred within a particular period of time.
Almost all countries are involved in trading of goods and services with another country, a current account helps to evaluate the manner in which a particular country traded their different goods with foreign markets.There tends to be a postive balance of a country exports more goods than it imports.