Present and future value tables of $1 at 3% are presented below:
N FV $1 PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1
1 1.03000 0.97087 1.0000 0.97087 1.0300 1.00000
2 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087
3 1.09273 0.91514 3.0909 2.82861 3.1836 2.91347
4 1.12551 0.88849 4.1836 3.71710 4.3091 3.82861
5 1.15927 0.86261 5.3091 4.57971 5.4684 4.71710
6 1.19405 0.83748 6.4684 5.41719 6.6625 5.57971
7 1.22987 0.81309 7.6625 6.23028 7.8923 6.41719
8 1.26677 0.78941 8.8923 7.01969 9.1591 7.23028
9 1.30477 0.76642 10.1591 7.78611 10.4639 8.01969
10 1.34392 0.74409 11.4639 8.53020 11.8078 8.78611
11 1.38423 0.72242 12.8078 9.25262 13.1920 9.53020
12 1.42576 0.70138 14.1920 9.95400 14.6178 10.25262
13 1.46853 0.68095 15.6178 10.63496 16.0863 10.95400
14 1.51259 0.66112 17.0863 11.29607 17.5989 11.63496
15 1.55797 0.64186 18.5989 11.93794 19.1569 12.29607
16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794
You want to invest $20,000 today to accumulate $22,500 to buy a car. If you can invest at an interest rate of 3% compounded annually, how many years will it take to accumulate the required amount?
Answers
Answer:
binder: Liquid substance used in paint and other media to bind particles of pigment together.
fresco: Where pigments are mixed with water and then applied to a plaster support, usually a wall or a ceiling.
gouache: A type of watercolor in which white pigment is added creating a duller effect, and a tinted feel.
oil: Painting medium where pigments are binded using oils, usually linseed oil.
painting media: Material made of three components; pigment,vehicle, and binder
pigment: Ground up solids that contain color the color in paint.
tempera: A water based painting medium made with egg yolk, often used to paint frescos and panels.
vehicle: Adjusts the viscosity of the paint.
watercolor: Pigment that is mixed with arabic and gum, and mostly water before it is applied to the paper.
Painting Media
Direct Instruction Active
Highlighter
CyanMagentaGreeenClear Highlights
Headphones
Explanation:
Related Questions
How do unions help workers?
They negotiate with employers for workers.
They provide training for workers.
They educate workers’ children.
They evaluate the quality of work being performed.
Answers
Answer:
the answer is a
Explanation:
because unions wanted to get better benifits and such
what is not a limitation of internal control policies and procedures?
Answers
Collusion is not a limitation of internal control policies and procedures.
What is the purpose of collusion?In terms of economics, collusion is when several businesses work together to set prices that are either higher than the industry standard or near enough to resemble a monopoly. This method tries to acquire control of commodity pricing and increase industry profits overall. Price manipulation, clandestine gatherings, insider trading, a lack of competition, and disturbance of the market's equilibrium are all signs of collaboration.
In order to upset the equilibrium of the market, rivals engage in collusion, which is a non-competitive, covert, and occasionally unlawful agreement. Collusion is when two or more parties that would normally compete with one another decide to cooperate in order to acquire an unfair competitive advantage.
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Sally Smith decided to start a sea shell business. Her initial investment in the business consisted of $10,000 in cash. Record this transaction in the accounting equation of the new business by:
Answers
Based on the transaction that Sally engaged in, recording it will involve:
Debiting cash for $10,000.Crediting equity for $10,000.Recording Sally's transaction. The cash transaction is an investment which will be recorded in the Shareholder's Equity account. The investment came in cash so will go to the cash account.When cash is increased as was the case here, it should be debited. When equity increases as was the case here once more, it is to be credited.
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If you think a task is boring, you should avoid it.
Please select the best answer from the choices provided
True
False
Answers
False
Do not give up on a task just because it doesn't interests you
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Answer:
Is False
explanation ajsdasd
Why did tech giants like SAP, Oracle, Microsoft, and IBM miss the opportunity to produce a SaaS CRM like Salesforce.com? What might keep large tech companies from identifying potential opportunities like Salesforce.com?
How do I answer this?
Answers
I believe it's best to stick with big tech firms like Salesforce.com for seeing possible business prospects because its software is getting simpler and easier to use all the time. 6.18.
Why is Salesforce so popular?Salesforce is particularly well-known for its capabilities in the areas of marketing campaign development and tracking, customer issue tracking based on escalation and resolution levels, graphic dashboards, and robust reporting functions.
How significant is Salesforce?Salesforce assists companies in tracking client contacts and sales information. It has the ability to manage leads, contacts, chances, and cases. Salesforce also provides a number of tools to assist companies in automating their sales and marketing procedures, including email marketing, lead generation, and lead scoring.
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how does a persons work experience affect their pay wage?
Answers
Answer:
Up to a certain point, more experience typically translates into higher income. Similar to the last example, if the job requires someone with 10 years of expertise in a specific field and you don't satisfy those qualifications, you can find yourself working at the lower end of the wage scale.
Explanation:
Dawn, a grocery store manager, is packaging pasta salad for retail sale at the store. Which three of the following details should she include on the label? the ingredient list the storage guidelines the location of the distributor the date of product packaging the quantity of food
Answers
The three details which Dawn should include on the label for retail sale at the store include the following:
The ingredient list.The storage guidelines.The date of product packaging.What is a product label?A product label can be defined as a paper document that is designed and developed to provide specific information about the chemical elements, ingredient list, nutrients, storage guidelines, and other chemical compounds that are present in a product and its general use or function, including storage guidelines.
This ultimately implies that, a product label is a paper document which must be used by manufactures and store managers to specify the nutrients, ingredient list, chemical elements, storage guidelines, expiry date, and other compounds that were used to make a particular product.
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Please look at the screenshot
Answers
In the formula I=P•r•t, what does r stand for
Answers
Answer:
In the formula I=P•r•t, the r stands for rate.
1. If you are attending a two-year school and plan to transfer to a four-year school, you should
O select only easy courses while you are at a two-year school.
O complete courses that may not transfer.
O transfer without any help from an adviser.
O choose your major early.
Answers
Answer:
Complete courses that may not transfer.
Explanation:
Transferring from a Two-Year College to a Four-Year College. If this is your plan, be sure that the classes you enroll in not only meet the requirements for your associate's degree but can also be put toward a bachelor's degree at the four-year colleges you're considering.
I may not be right but I tried.
Answer:
O select only easy courses while you are at a two-year school.
Explanation:
The process of developing a pool of qualified job applicants is called job analysis TURE OR FALSE
Answers
Answer:
F
Explanation:
Explain what should be your attitude after taking the test.
Answers
1-a. Prepare a contribution format income statement for the game last year. 1-b. Compute the degree of operating leverage. 2. Management is confident that the company can sell 18,000 games next year (an increase of 3,000 games, or 20%, over last year). Given this assumption: a. What is the expected percentage increase in net operating income for next year? b. What is the expected amount of net operating income for next year? (Do not prepare an income statement; use the degree of operating leverage to compute your answer.)
Answers
Answer:
1-a. Total Contribution margin is $210,000 and Net operating income is $28,000.
1-b. Degree of Operating Leverage = 7.50
2-a. The expected percentage increase in net operating income for next year is 150%.
2-b. Expected amount of Net Operating Income is $70,000.
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question as follows:
Magic Realm, Inc., has developed a new fantasy board game. The company sold 15,000 games last year at a selling price of $20 per game. Fixed costs associated with the game total $182,000 per year, and variable costs are $6 per game. Production of the game is entrusted to a printing contractor. Variable costs consist mostly of payments to this contractor.
Required:
1-a. Prepare a contribution format income statement for the game last year.
1-b. Compute the degree of operating leverage.
2. Management is confident that the company can sell 18,000 games next year (an increase of 3,000 games, or 20%, over last year). Given this assumption:
a. What is the expected percentage increase in net operating income for next year?
b. What is the expected amount of net operating income for next year? (Do not prepare an income statement; use the degree of operating leverage to compute your answer.)
Explanation of the answer is now provided as follows:
1-a. Prepare a contribution format income statement for the game last year.
The contribution format income statement for the game last year can be prepared as follows:
Magic Realm, Inc.
Contribution Income Statement
For Last Year
Details Total ($) Per Unit ($)
Sales 300,000 20
Variable cost (90,000) (6)
Contribution margin 210,000 14
Fixed expense (182,000)
Net operating income 28,000
1-b. Compute the degree of operating leverage.
Degree of Operating Leverage = Contribution Margin / Operating Income = $210,000 / $28,000 = 7.50
2-a. Management is confident that the company can sell 18,000 games next year (an increase of 3,000 games, or 20%, over last year). Given this assumption: What is the expected percentage increase in net operating income for next year?
Since:
Degree of Operating Leverage = Percentage change in Operating Income / Percentage change in Sales
Substituting the relevant values, we have:
7.50 = Percentage change in Operating Income / 20%
Percentage change in Operating Income = 7.5 * 20% = 150%
Therefore, the expected percentage increase in net operating income for next year is 150%.
2-b. Management is confident that the company can sell 18,000 games next year (an increase of 3,000 games, or 20%, over last year). Given this assumption: What is the expected amount of net operating income for next year? (Do not prepare an income statement; use the degree of operating leverage to compute your answer.)
This can be calculated as follows:
Change in Net Operating Income = 150% * $28,000 = $42,000
Expected amount of Net Operating Income = Current Net Operating Income + Change in Net Operating Income = $28,000 + $42,000 = $70,000
Suppose a firm manager has a base salary of $175,000 and earns 0.5 percent of all profits. Determine the manager's income if revenues are $10,000,000 and profits are $5,000,000. A) $150,000 B) $200,000 C) $225,000 D) $300,000
Answers
The manager's income is $200,000.
The option (B) is correct.
The expression "income" for the most part alludes to how much cash, property, and different exchanges of significant worth got over a set timeframe in return for administrations or items. There is no single, standard definition: pay is characterized by the setting in which the idea is utilized.
Income includes monetary as well as non-financial upsides of recompenses and perquisites. All pay is available under personal expense except if explicitly excluded.
Given;
Fixed salary = $175,000
Earns 0.5% of all profits
Profit = $5,000,000
Manager income = Fixed salary + 0.005 * Profit
Manager's income = $175,000 + 0.005 * $5,000,000
=> Manager's income = $175,000 + $25000
=> Manager' income = $200,000
Thus, the manager's income is $200,000.
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the graph at right shows the situation after the u.s. removes a tariff on imports of canned tuna.
A. C.
B. A+B+C+D.
C. A.
D. B+C+D.
Which area shows the loss in producer surplus?
A. B+C+D.
B. A+B.
C. A.
D. A+B+C+D.
Which area shows the loss in government tariff revenue?
A. A.
B. C.
C. A+B+C+D.
D. B+C+D.
Which areas show the reduction in deadweight loss?
A. B+C+D.
Answers
The graph that shows the situation when the U.S. removes a tariff on imports of canned tuna shows that the gain in consumer surplus is B. A+B+C+D.
The area which shows the loss of producer surplus is C. A.
The area which shows the loss in government tariff revenue is B. C.
The area showing a reduction in deadweight loss is B+D.
What happens when a tariffs are lifted ?When a tariff is lifted, the price of the good or service usually decreases, which increases consumer surplus. Consumers are able to purchase the same goods and services for a lower price, which results in a larger consumer surplus.
The price of the good or service usually decreases, which decreases producer surplus. Producers receive a lower price for the same goods and services, which results in a smaller producer surplus.
The government no longer receives revenue from that tax. Therefore, government revenue decreases when a tariff is lifted. The market becomes more efficient as the price of the good or service decreases, this leads to a decrease in deadweight loss.
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You’ve just read the article about Macy’s and Nordstrom’s. Why do you think companies like Macy's have to move to an Omnichannel strategy for selling their products?
Answers
The companies like Macy have to move to an Omnichannel strategy for selling their products because in Omnichannel strategy, products are sold through several distribution channels.
What is a distribution channels?Distribution channel serves as the means by which companies make their products to be available to final consumer.
This channels encompass retailers as well as wholesaler, and in In omni channel, all the distribution channels are linked to each other.
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8. Why is language so critical in understanding international culture? How can this problem be dealt with effectively?
Answers
Answer:
By learning a foreign language, you can understand ideas and thoughts that may be different from your own culture. You can learn customs and how people interact in a given society. Language helps preserve cultures, but it also allows us to learn about others and spread ideas quickly. Language Is Important To Business
Language Is Important To Culture And Society Language helps us express our feelings and thoughts — this is unique to our species because it is a way to express unique ideas and customs within different cultures and societies. By learning a foreign language, you can understand ideas and thoughts that may be different from your own culture.
It is also an inseparable part of our culture. Why is language important to culture? While there is still some debate whether the particular language influences people’s thought process or it is indeed people’s culture that influences the language, there is no doubt that language and culture are closely connected.
Language changes often represent a culture’s changing values. Language and culture are inextricably related. And you can’t learn one without first knowing the other. Language is related to all features of human life in society. And comprehension of the surrounding culture is key to learning a language.
Explanation:
You can comprehend concepts and thoughts that may differ from those in your own society by studying a foreign language. You can discover the traditions and social dynamics of a certain society. Language not only enables us to learn about others and share ideas swiftly, but it also aids in the preservation of civilizations. The importance of language in business
What is language?Language is a set of common spoken, manual (signed), or written symbols that people use to communicate as members of a social group and members of that group's culture. When people in a particular country or region talk or write, they use a particular set of sounds and written symbols, which together make up their language.
The Value of Language in Culture and Society Our ability to express ourselves through language is unique to our species because it allows us to communicate the distinctive concepts and practices that exist across various civilizations and societies. You can comprehend concepts and thoughts that may differ from those in your own society by studying a foreign language.
Therefore, In addition to helping us share ideas and learn about others, language also
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Write a short summary of the tyrant of Syracuse
Answers
I need a an idea of followership introduction help me!
Answers
Followership refers to the role, behavior, and actions of individuals who are not in a leadership position, but rather, they support and collaborate with their leaders to achieve shared goals. Followership is an essential aspect of organizational success, as it complements leadership and fosters a harmonious work environment.
Effective followers exhibit characteristics such as being proactive, taking responsibility, and engaging in open communication with their leaders. They also possess the ability to think critically and provide valuable feedback for the betterment of the team. By embracing the principles of followership, individuals contribute positively to the overall performance and morale of the organization.
It is important to note that followership does not imply blind obedience or passivity. Instead, it involves active engagement and collaboration with leaders to achieve common objectives. In this dynamic relationship, leaders and followers must work together, learn from each other, and adapt to changing circumstances.
In conclusion, followership is a vital component of successful organizations and plays a significant role in accomplishing shared goals. By cultivating strong followership skills, individuals can effectively support their leaders, enhance team performance, and contribute to the growth and success of the organization.
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Steve is employed in a bank as an assistant manager. He attends a phone conference. During the call, he’s distracted by two coworkers having a private conversation in the group. What should Steve say or do to show that he understands professional conduct? A. He should loudly request the coworkers to be quiet. B. He should gesture to the coworkers to focus on the call. C. He should join the coworkers to show that he’s a team player. D. He should request that the speaker ends the call right away.
Answers
Answer:
B) He should gesture to the coworkers to focus on the call.
Explanation:
Calculate the FV of a $422 investment at the end of four years assuming an annually compounded rate of return of 6.7%. (round to integer, do not use or e.g. 12345)
Answers
Answer: Using the formula for future value (FV) of a single sum:
FV = PV x (1 + r)^n
where PV is the present value, r is the annual interest rate, and n is the number of years, we can calculate the FV of the investment:
FV = 422 x (1 + 0.067)^4
FV = 538
Therefore, the FV of the $422 investment at the end of four years is $538.
stonks
Explanation:
Answer:
FV=PV(1+I)^n
FV=422(1+0.067)^4
FV=422(1.296)
FV=547
Explanation:
FV refers to the future value of N$422 invested today at a rate of 6.7% compounded annually.
(1+I)^n gives us the discount factor, with which we multiply with the Present value to get the FV
I represent the interest rate
“EBIT is generally considered to be independent of financial leverage, because EBIT is the result of a firm’s operating effectiveness. However, with an excessive debt levels, EBIT might actually be influenced by financial leverage.”
Comment on the statement above.
Answers
Answer:
The answer is below
Explanation:
EBIT is known as an accounting measure to determine the profit level of a firm. It is an acronym of Earnings Before Interest and Taxes.
EBIT is generally considered to be independent of financial leverage because EBIT is the result of a firm’s operating effectiveness.
This is true because, EBIT is based on the firm's level of sales and cost of operation, of which financial leverage has no effects on it.
However, with excessive debt levels, EBIT might be influenced by financial leverage.
This implies that even though the financial leverage of a firm has no direct influence on EBIT, in a situation whereby a firm is operating at huge deficits, every aspect of the film will be concerned. This will include staff, customers, investors, and operational activities, thereby affecting the firm's sales and cost of operation. As a result, this will ultimately affect the firm's EBIT.
Identifying returns to scale Aa Aa Imagine Marco owns a business that produces custom stationery. The only input to production he requires is the stationery printing machines, for which he pays a rental rate (r) of $5 per hour. The following table gives the number of machines required to produce each quantity (q) of stationery per hour. Calculate the total, marginal, and average costs of producing one, two, and three sets of stationery per hour and enter these values into the table. Then, use the red line (cross symbols), purple line (diamond symbols), and green line (triangle symbols) to plot the total, marginal, and average cost curves, respectively, on the graph that follows Total Cost Marginal Cost Average Cost Quantity (q) Machines per Hour 2 4 COST PER HOUR (Dollars) 50 Total Cost 40 Marginal Cost 30 Average Cost 20 OUTPUT PER HOUR (Stationery sets HelpClear All Marco's business faces returns to scale. Additionally, as he increases production, marginal costs are as output rises, meaning that the marginal cost is always average costs.
Answers
Returns to scale is a phrase that describes how proportionally changes in output change when all production input amounts are altered by the same factor.
What is production?The process of mixing several inputs, both material and immaterial, to produce output is known as production. In a perfect world, this output would be a product or service that is useful to people and has value.
Production theory is the branch of economics that concentrates on production; it is closely related to the consumption (or consumer) theory of economics.
Utilizing the initial inputs productively results in the production process and output directly. Land, labor, and capital are regarded as the three major production components and are referred to as primary producer commodities or services.
Both the output process and the final product do not considerably change these essential inputs or turn them into integral parts of the final product. Materials and energy are categorized as secondary elements in classical economics since they are byproducts of land, labor, and capital.
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Is paying for health insurance more than your medical expenses?
Answers
Answer:
yes i think
Explanation:
Answer:
Yes
Explanation:
A producer with only one product has total fixed costs of $15,000 per month. In addition, it cost the producer $100 in variable costs to produce each unit of her product (raw materials and direct labor cost). The producer charges her wholesalers $125 per unit.
a. How many units of the product does the producer have to sell each month in order to break even?
b. The producer has set a target profit of $3,500 per month for this product. How many units must be sold to break even and achieve the $3,500 per month?
Answers
In order to break even, 600 units should be sold.
Also, 740 units have to be sold to break even and achieve the $3,500 per month.
A. First and foremost, we have to calculate the contribution margin per unit and this will be:
= Revenues per unit - Variable costs per unit
= $125 - $100
= $25
Therefore, the break-even units will be:
= Fixed costs / Contribution margin per unit
= $15,000 / $25
= 600 units
Therefore, 600 units have to be sold to breakeven.
B. The units to be sold to attain the target profit will be:
= (Fixed costs + Target profit) / Contribution margin per unit
= ($15,000 + $3,500) / $25
= 740 units
Therefore, 740 units have to be sold.
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Problem 15-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4
[The following information applies to the questions displayed below.]
Marcelino Co.'s March 31 inventory of raw materials is $80,000. Raw materials purchases in April are $510,000, and factory payroll cost in April is $365,000. Overhead costs incurred in April are: indirect materials, $53,000; indirect labor, $27,000; factory rent, $32,000; factory utilities, $20,000; and factory equipment depreciation, $53,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $635,000 cash in April. Costs of the three jobs worked on in April follow.
Job 306 Job 307 Job 308
Balances on March 31
Direct materials $ 25,000 $ 40,000
Direct labor 25,000 18,000
Applied overhead 12,500 9,000
Costs during April
Direct materials 131,000 205,000 $105,000
Direct labor 105,000 152,000 101,000
Applied overhead ? ? ?
Status on April 30
Finished (sold) Finished (unsold)
In process
Problem 15-1A Part 1
Required:
Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from March 31).
Answers
Answer:
Job No 306 351,000 Cost Of Goods Sold
Job No 307 500,000 Finished Goods Inventory
Job No 308 256,500 Work In Process Inventory
Explanation:
We add the March balance and the April balances for each of the jobs to get the desired results.
Marcelino Co
Job No 306
March
Direct Materials 25000
Direct Labor 25000
Applied Overhead 12500
Opening Work In Process 62500
April
Direct Materials 131000
Direct Labor 105000
Applied Overhead (50% of 105,000) 52,500
Total Costs Added In April 288500
Total Costs 351,000
Status on April 30 Finished & Sold
Included in Cost Of Goods Sold
Job No 307
March
Direct Materials 40000
Direct Labor 18000
Applied Overhead 9000
Opening Work In Process 67,000
April
Direct Materials 205000
Direct Labor 152000
Applied Overhead (50% of 152,000) 76,000
Total Costs Added In April 433,000
Total Costs 500,000
Status on April 30 Finished & Unsold
Included in Finished Goods Inventory
Job No 308
March
Direct Materials ------
Direct Labor --------
Applied Overhead -------
Opening Work In Process ------
April
Direct Materials 105000
Direct Labor 101000
Applied Overhead (50% of 101,000) 50,500
Total Costs Added In April 256,500
Total Costs 256,500
Status on April 30 In Process
Included in Work In Process Inventory
Suppose that Rajiv, an economist from a research institute in Texas, and Simone, an economist from a public television program, are arguing over government bailouts. The following dialogue shows an excerpt from their debate:
Simone: Thanks to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days.
Rajiv: Indeed, it's gotten crazy! A government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets.
Simone: I don't know about that. Without a bailout of severely distressed financial firms, the economy will experience a deep recession.
The disagreement between these economists is most likely due todifferences in scientific judgments .
Despite their differences, with which proposition are two economists chosen at random most likely to agree?
Business managers can raise profit more easily by reducing costs than by raising revenue.
Employers should not be restricted from outsourcing work to foreign nations.
Central banks should focus more on maintaining low unemployment than on maintaining low inflation.
Answers
Employers should not be restricted from outsourcing work to foreign nations.
The proposition are two economists chosen at random most likely to agree: Employers should not be restricted from outsourcing work to foreign nations.
What do you mean by outsourcing?Outsourcing is known to be a kind of an agreement where a single firm tends to hires another firm to be solely responsible for a given planned or existing activity.
Note that Outsourcing is seen as the a business practice where a firm hires a third-party to carry out functions and as such, Employers should not be restricted from outsourcing work to foreign nations. The proposition are two economists chosen at random most likely to agree: Employers should not be restricted from outsourcing work to foreign nations.
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why is it important for Holmes not to be the only person interviewing job candidates?
Answers
Answer:
Sherlok asked him wasssupppp and got job.
Explanation:
five rules you need to follow before going into business for yourself
Answers
Building leaders is the game. ...
Don't let anything in your professional life excuse any lapses at home. ...
Giving back should be everyday. ...
Trust your team and focus on the bigger things.
Question: Hello: )✨five rules you need to follow before going into business for yourself ?
Answer: Conduct market research. Market research will tell you if there's an opportunity to turn your idea into a successful business. ...
Write your business plan.
Fund your business.
Pick your business location.
Choose a business structure.
Choose your business name. Develop a powerful message.
Focus on the customer and fully understand the market.
Start small and grow.
Understand your own strengths, skills, and time available.
Surround yourself with advisors and mentors.
Have an amazing day/night<3.
:
A firm with two factories one in Michigan and one in Texas has decided that it should produce a total of 500 units of output in order to maximize profit. The firm is currently producing 200 units in the Michigan factory and 300 units in the Texas factory. At this allocation between plans the last units of output produced in Michigan added $5 to total cost while the last units of output products in Texas added $3 to total the firm
a. is maximizing profit should keep producing 200 units in Michigan and 300 units in Texas
b. should produce 250 units in each factory
c. should produce more in the Michigan factory and less in the Texas factory
d. should produce more in the Texas factory and less in the Michigan factory
Answers
Answer: d. should produce more in the Texas factory and less in the Michigan factory
Explanation:
A company stands to benefit more if it produces at less cost because then it can produce more goods or rather make more profit.
This company is is spending $3 to make an additional unit in Texas than in Michigan where it is spending $5.
It is spending less in Texas and should therefore shift more production to Texas so that it can spend even less when producing and therefore become more profitable.