Answer:
Explanation:
Book value of shareholders equity = Book value of mailing machine + net working capital - Long term debt = 64500 + 57200 - 111300 = $ 10400
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Total Estimated total machine-hours (MHs) 10,000
Estimated total fixed manufacturing overhead cost= $45,800
Total Estimated variable manufacturing overhead cost- per MH= $1.90 + $2.10= $4
To calculate the estimated manufacturing overhead rate we need to use the following formula:
<u>Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base</u>
<u>Estimated FIXED manufacturing overhead rate=</u> (45,800/10,000)= $4.58
Answer:
46,000 ending cash balance
Explanation:
50,000 Ariel Investment
+ 10,000 cash revenues
- 14,000 cash expenses
46,000 ending cash balance
(assuming no other transaction impacted the cash account)
When you are asked for a ending value, you should identify first, if there is a beginning value, something which start the balance of the account.
Like inventory in hand, supplies in hand, equipment, accounts payable
Then you have to figure out which trasnaction incresae the balance
and which decrease it.
<u>Finally you put them together:</u>
<em>beginning + increase - decrease = ending</em>
Answer:
Increase the consumption of product Y and decrease the consumption of product X.
Explanation:
Utility-maximizing rule states that a consumer is maximizing its utility at a point where the marginal utility per dollar spent equal for both the products.
Marginal utility per dollar for Product X:
= 2 utils per dollar
Marginal utility per dollar for Product Y:
= 8 utils per dollar
Here, the utility-maximizing rule suggests that this consumer should consume more of product Y and less of product X.
Answer:
b) third-degree price discrimination.
Explanation:
The price gouging happens on prices when is carried out by the seller, goods, services or goods to a higher level than what is considered acceptable or fair and potentially considered unethically. This usually occurs after a demand or supply shock. Common examples include price increases for basic needs after hurricanes or other natural disasters.
First-degree discrimination (perfect price discrimination) appears when a business charges the maximum possible price for each unit consumed because prices are diverse among some units. In this case, where a company charges a different price for every good or service sold.
Second-degree price discrimination is the concept in which a company charges a different price when there are demands for different quantities consumed, such as quantity discounts on bulk purchases.
Third-degree price discrimination is the case in which a company charges a different price to different consumer groups. This is the type of most common type of price discrimination. If we see in the question there is given distinctive ticket price offers to senior citizens and/or students. That’s why we should choose third-degree price discrimination.
