Answers
Answer:
b is the answer
Explanation:
producers and consumers
Related Questions
Of the following groups, which benefits most from a government price support program that establishes a floor price for an agricultural product that is higher than the product's market clearing price? Select one: a. Consumers, who purchase more units of the product than they did before the price support program was implemented b. Taxpayers, who no longer must provide funds to purchase surplus units of the product once the price support program is in place c. The government, which receives subsidy payments from producers that are required to sell more of the product at a higher price under the government's program d. Producers, who earn a higher price on the sale of each unit and also sell more units, thereby unambiguously earning higher revenues
john Hayes and Lynn Magosian, auditors for a public accounting firm, went to lunch at the Bay View Restaurant in San Francisco. John left his raincoat with a coatroom attendant, but Lynn took her new raincoat with her to the dining room, where she hung it on a coat hook near her booth. When leaving the restaurant, Lynn discovered that someone had taken her raincoat. When John sought to claim his raincoat at the coatroom, it could not be found. The attendant advised that it might have been taken while he was on his break. John and Lynn sued the restaurant, claiming that the restaurant was a bailee of the raincoats and had a duty to return them. Are both John and Lynn correct
Boney Corporation processes sugar beets that it purchases from farmers. Sugar beets are processed in batches. A batch of sugar beets costs $53 to buy from farmers and $18 to crush in the company's plant. Two intermediate products, beet fiber and beet juice, emerge from the crushing process. The beet fiber can be sold as is for $25 or processed further for $18 to make the end product industrial fiber that is sold for $39. The beet juice can be sold as is for $32 or processed further for $28 to make the end product refined sugar that is sold for $79.Which of the intermediate products should be processed further?Garrison 16e Rechecks 2017-09-13, 2017-11-11Multiple Choicebeet fiber should be processed into industrial fiber; beet juice should NOT be processed into refined sugarbeet fiber should be processed into industrial fiber; beet juice should be processed into refined sugarbeet fiber should NOT be processed into industrial fiber; beet juice should be processed into refined sugarbeet fiber should NOT be processed into industrial fiber; beet juice should NOT be processed into refined sugar
2. Which aspect of professionalism do you feel that you are strongest at? Explain why you think so. (1-3 sentences. 2.0 points)
Desired inventory (units), August 31 9,000
Expected sales volume (units), August 75,000
For each unit produced, the direct materials requirements are as follows:
Material A ($5 per lb.) 3.0 lbs.
Material B ($18 per lb.) 0.5 lb.
The total direct materials purchases (assuming no beginning or ending inventory of material) of Materials A and B required for August production is ______.
a.$1,170,000 for A; $702,000 for B
b.$1,080,000 for A; $1,296,000 for B
c.$1,080,000 for A; $648,000 for B
d.$1,125,000 for A; $675,000 for B
Answers
Answer:
c.$1,080,000 for A; $648,000 for B
Explanation:
For computing the total direct material purchase first we have to find out the production units which are shown below:
As we know that
Production units = Ending inventory units + sales units - beginning inventory units
= 9,000 units + 75,000 units - 12,000 units
= 72,000 units
Now the total direct material purchase for Material A and Material B is
For Material A
= 72,000 units × 3 lbs × $5 per lb
= $1,080,000
For Material B
= 72,000 units × 0.5 lbs × $18 per lb
= $648,000
Therefore, the third option is correct
Answers
Question options :
Increase MTBF by 2000
Reposition Cake to make it even smaller and higher performing
Increase the promotion budget to gain greater awareness
Lower the selling price since it is the second most important buying criteria
Answer:
Increase the promotion budget to gain greater awareness
Explanation:
In this case, some managers might consider reducing price and may be affecting contribution margin in this way(because selling price/profit is reduced and price- variable cost =contribution margin). While price reduction might be a good strategy to compete in the market, it might not be the best option here. in order to increase demand in a case such as this, the manager should consider increasing product awareness so as to reach more potential buyers and increase market share compared to competitors.
b. 7 days, 5 workers
c. 5 days, 7 workers
d. 8 days, 3 workers
Answers
Answer: c. 5 days, 7 workers
Explanation: With the project requirements provided, and with the least of number of resources working on the task not less than the number of those assigned to the task.
The least amount of time for the project to complete would be approximately 5 days, and the resources needed to complete the task would be approximately 7 workers.
c. $0 gain or loss; $60,000 basis.
d. $20,000 gain; $50,000 basis.
e. $30,000 gain; $60,000 basis.
Answers
Answer:
a. $0 gain or loss; $30,000 basis.
Explanation:
Since the partnership is being liquidated, Landis doesn't have to recognize any gain or loss resulting from the liquidation because the cash amount that he is receiving is less than his partnership interest. The asset's basis = $120,000 - $90,000 (cash) = $30,000, regardless of its current market value or prior basis.
phenomena is associated with high
unemployment?
A. Economic Growth
B. Economic Stability
C. Economic Depression
Answers
Answer:
C. Economic Depression
Explanation:
Economic Depression is when an economy goes into financial turmoil/ struggles.
Answers
Answer:
Dr interest expense $7,000
Dr notes payable $7,238
Cr cash $14,238
Explanation:
The first task is to compute interest expense on the loan in year 1 which is shown below:
interest expense=$100,000*7%
interest expense=$7,000
Principal repayment=repayment-interest repayment
Principal repayment=$14,238-$7,000=$7,238
The double entries are to debit interest expense and notes payable with $7,000 and $7,238 respectively while cash is credited with $14,238 as an outflow of cash.