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2 years ago

Damon Industries manufactures 20,000 components per year. The manufacturing cost of the components was determined as follows:

Business

1 answer:

Shkiper50 [21]2 years ago

8 0

Answer:

d. a $10,000 decrease.

Explanation:

The computation of the impact on the income is given below:

In case of making the product

= Direct material + direct labor + variable manufacturing overhead + rented

= $100,000 + $160,000 + $60,000 + $10,000

= $330,000

And, in case of buying the product

= 20,000 × $17

= $340,000

So there is a decrease of $10,000

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Blake eats two bags of potato chips each day. Blake's hourly wage increases from $9 to $15, and he decides to stop eating generi

max2010maxim [7]

Answer:

-4 units

Explanation:

Using the midpoint method, Blake's income elasticity of demand for generic potato chips is given by the change in demand (D) multiplied by his average income (I), divided by the change in income multiplied by the average demand:

$E=\frac{\Delta D}{\Delta I}*\frac{I_{avg}}{D_avg}\\E=\frac{0-2}{15-9}*\frac{\frac{9+15}{2}}{\frac{2+0}{2} }\\E=-4\ units$

Blake's income elasticity of demand is -4 units.

8 0

2 years ago

Total interest paid on a 30-year straight note was $230,000 during the term of the loan. The annual interest rate was 6.6%. What

dsp73

Answer:

$116,161.616

Explanation:

Given that,

Total interest paid = $230,000

Time period = 30 year

Annual interest rate = 6.6%

Total interest on loan = Loan amount × Interest rate × Time period

$230,000 = Loan amount × 6.6% × 30 years

Loan amount:

$=\frac{230,000}{0.066\times 30}$

$=\frac{230,000}{1.98}$

= $116,161.616

Therefore, the loan amount is $116,161.616.

3 0

2 years ago

Pacifica Industrial Products Corporation makes two products, Product H and Product L. Product H is expected to sell 40,000 units

Lisa [10]

Answer:

Product L= $34

Product H= $34

Explanation:

Giving the following information:

Product H is expected to sell 40,000 units next year and Product L is expected to sell 8,000 units.

A unit of either product requires 0.4 direct labor-hours.

Estimated overhead= $1,632,000. R

First, we need to calculate the estimated overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 1,632,000/(48,000*0.4)

Estimated manufacturing overhead rate= $85 per direct labor hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Product L= 85*0.4= $34

Product H= 85*0.4= $34

3 0

2 years ago

Mr. Drexel is the manager of a shoe store in Dadeland Mall. He is always telling his employees how to do everything. If he overh

pashok25 [27]

Answer:

The correct answer is letter "B": power.

Explanation:

The need for power leads to people showing a need to have everything under control. Even the tiniest detail is meticulously reviewed. If somebody else shows signs of leadership, the individual with power needs tries to subordinate the other immediately, imposing his or her ideas as the best.

3 0

2 years ago

An investment project has an initial cost of $382 and cash flows $105, $130, $150, and $150 for Years 1 to 4, respectively. The

Ipatiy [6.2K]

Answer:

3.57 years

Explanation:

The discounted payback period calculates how long it takes for the amount invested in a project to be recovered from the cumulative discounted cash flows.

Explanation on how the answer was derived can be found in the attached image.

I hope my answer helps you

8 0

2 years ago