The market supply curve is influenced by factors like price and production expenses.
Many states impose sales tax on certain products and services to enhance revenue. However, such taxes also affect how consumers behave. These effects, along with the overall financial impact of sales tax, become apparent in the supply and demand curves when sales tax rates increase or when a new sales tax is instituted by a state.
Answer:
False
Explanation:
When products are bundled this way, sellers don't have to increase their prices. Therefore, the assertion is incorrect.
$8,400
The calculation for the annual financial benefit (loss) for the organization is detailed below:
Particulars Make Buy
Direct material $53,600 (8,000 units × $6.70)
Direct labor $64,800 (8,000 units × $8.10)
Variable manufacturing overhead $8,800 (8,000 units × $1.10)
Supervisor's salary $16,000 (8,000 units × $2)
Fixed manufacturing overhead $2,000
Opportunity cost $16,000
Purchase cost $169,600 (8000 × $21.20)
Total relevant cost $161,200 $169,600
Financial (loss) is = $161,200 - $169,600 = -$8,400
We simply compared the make and buy costs and found that purchasing incurs a higher cost than manufacturing, leading to an excess expense of $8,400 if the external supplier is chosen.
Answer:
The result is $1000.
Explanation:
Fixed costs are defined as expenses that remain unchanged regardless of the services provided or goods produced.
Following this definition, we can determine that the price of $16 per meal and the $4 ingredient costs are not considered fixed costs. Other expenses like lighting, heating, and fuel fluctuate according to utilization and therefore are variable.
However, the other costs mentioned in the query can be classified as fixed costs since they do not vary with the number of customers or the quantity of food prepared.
Thus, the weekly fixed costs for Bella Capri amount to $250 + $150 + $600 = $1000.
I hope this clarifies your question.
If employees report him for fraud, he could face legal repercussions.
