Answer:
just think.....all that’s needed is a little thought XD
but genuinely, the answer is to assess your options
Response:
a. Due to the rise in corn prices, the supply of corn would grow. Simultaneously, the acreage allocated for corn farming would expand.
b. The primary factor behind the change in corn production acreage is:
A. The increased price indicates to suppliers that corn is becoming more valuable.
Clarification:
As corn is essential for producing ethanol biofuel, the demand and supply for corn rise to keep pace with the climbing prices. Suppliers, for their part, respond by increasing production through the use of a larger amount of land dedicated to corn cultivation. This depicts the usual interaction of market forces that influence market equilibrium.
Answer: The assertion in the question is false.
Explanation: In calculating interest expenses using the effective interest rate method of amortization, the market interest rate is applied, multiplied by the bond value at the start of the respective period. The question incorrectly states that the face value is considered, which is inaccurate.
Thus, the claim in the question is false.
Answer:
Japan $760
The United States $1,600
France $6,320
Explanation:
Total personal revenue is calculated as disposable income minus personal taxes. Earnings from employment, after deducting actual taxes, reveal the net established income.
The household saving rate is defined as total savings divided by disposable income.
Household saving = Disposable income * Household saving rate
Japan:
$40,000*1.9% = $760
United States:
$40,000*4% = $1,600
France:
$40,000*15.8% = $6,320
Response:
Overall cost= $753.75
Details:
Given the following details:
The established overhead rates:
Assembly= $13 per direct labor-hour
Testing & Packaging= $9.00 per direct labor-hour.
The direct labor wage rate for the company is $16.00 per hour.
For Job N-60:
Assembly;
DM= 340
DL=180
Testing & Packaging:
DM= 25
DL= 40
To determine the applied overhead for each section, we first need to find the direct labor hours:
Assembly= 180/16= 11.25 hours
Testing= 40/16= 2.5 hours
Now, we can distribute the overhead:
Assembly= 11.25 hours*13= $146.25
Testing= 2.5 hours*9= $22.5
Overall cost= DM + DL + Allocated overhead
Overall cost= (340 + 25) + (180 + 40) + (146.25 + 22.5)= $753.75
