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2 days ago

Suppose that cookie producers create a positive externality equal to $2 per dozen. What is the relationship between the equilibr

ium quantity and the socially optimal quantity of cookies to be produced?
a. They are equal.
b. The equilibrium quantity is greater than the socially optimal quantity.
c. The equilibrium quantity is less than the socially optimal quantity.
d. There is not enough information to answer the question.

Business

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A production manager is responsible for a production budget and can potentially earn an additional bonus for minimising producti

Nady [3600]

Answer:

On the pro side of not indicating the 10% would be that it could be perceived as merely a rumor until the price reduction is formally confirmed. The unethical viewpoint regarding withholding knowledge of an impending 10% drop is that the production manager has kept his boss in the dark about a potential cost-saving opportunity for the company.

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3 months ago

Leelanau Corporation uses a job-order costing system. The following data are for last year: Work in process beginning balance $

Scilla [3833]

Answer:

The answer is $138,500.

Explanation:

The data provided includes:

WIP beginning = $10,500

WIP ending = $19,000

Cost of goods manufactured = $323,000

Direct material = $115,000

Direct labor = $78,000

We can calculate the total overhead using the formula:

Overheads = Total manufacturing costs - Direct materials - Direct labor

Where Total manufacturing cost = Cost of goods manufactured + Ending WIP - Beginning WIP,

= $323,000 + $19,000 - $10,500

= $331,500

Now, substituting values into the formula:

Overheads = $331,500 - $115,000 - $78,000

= $138,500

Therefore, the calculated overhead amount is $138,500.

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3 months ago

As vp of sales and marketing, debra is very interested in the likely impact of corporate social responsibility (csr) on customer

stepan [3596]

<span>Engaging in CSR benefits the company’s reputation by showing that their goals extend beyond profit to helping others. This positive perception boosts brand value, encouraging customers to pay premium prices for the chocolates, as they feel they’re supporting a worthy cause. Thus, through CSR efforts, the business can both increase sales volume and command higher prices.</span>

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3 months ago

Luis has $170,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis

Free_Kalibri [3773]

Response:

At the time of retirement, Luis will possess $ 1,153,675.657524 in his retirement account.

Reasoning:

Luis currently has $170,000 in his retirement fund

After compounding at 4.5% quarterly for 30 years, his account will grow to

Account balance = $ 170,000(1 + (0.045/4))^(4*30)

Account balance = $ 650,838.260724

Moreover, Luis intends to contribute $2000 each quarter into the new account for the next 30 years prior to retirement.

The future value (FV) of this account is calculated as

FV = 2000[(1 + (0.045/4))^(4*30) -1] / (0.045/4) 0.01125

FV = $ 502,837.3968

To determine Luis’s total balance at retirement, we calculate the following:

Total amount = Account balance + FV

Total amount = $ 650,838.260724 + $ 502,837.3968

Total amount = $ 1,153,675.657524

Luis will have $ 1,153,675.657524 in his retirement account.

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1 month ago