Answer:
The coldrink is more expensive in Can form.
Can is $0.044/oz more expensive than bottle
Explanation:
Data provided in the question:
Cost of 12-oz can = 75 cents = $0.75
Cost of 2 Liter bottle = $1.25
Now,
Cost per oz for can = $0.75 ÷ 12
= $0.0625/oz
For bottle
Total oz contained = 2 × 1.057 × 32 oz [As 1.0 L = 1.057 qt, 1 qt = 32 oz]
= 67.648 oz
Therefore,
Cost per oz for bottle = $1.25 ÷ 67.648 oz
= $0.0185/oz
Hence,
The coldrink is more expensive in Can form.
Difference = $0.0625/oz - $0.0185/oz
= $0.044/oz
Hence,
Can is $0.044/oz more expensive than bottle
Answer:
The demand for money falls and the interest rate falls.
Explanation:
Price level can be described as the evaluation of the amount in which goods and services are sold in the market. A change in the price level can greatly affect the demand of a customer either positively or negatively.
A decrease in the price level enables a customer to purchase more products and at the same time save some amount of money, this results in the reduction of interest rates.
When the price level reduces, individuals will need less amount of money to buy the same quantity and type of product.
Answer:
$12.6
Explanation:
Calculation for incremental manufacturing cost
The incremental manufacturing cost will be the addition of the following :
Direct materials $ 6.50
Direct labor $ 3.90
Variable manufacturing overhead $ 2.20
Incremental manufacturing cost $12.60
Therefore incremental manufacturing cost will be $12.60
Answer:
Effect on income= $32,400 increase
Explanation:
Giving the following information:
Difference in selling price= 81 - 57= $24
Number of units= 8,100
Increase in costs= $162,000
<u>To calculate the effect on income, we need to use the following formula:</u>
Effect on income= Increase in revenue - increase in costs
Effect on income= 24*8,100 - 162,000
Effect on income= $32,400 increase