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Abel Company's manufacturing overhead is 20% of its total conversion costs. If direct labor is $38,000 and if direct materials are $47,000, the manufacturing overhead is:
A) $152,000
B) $11,750
C) $21,250
D) $9,500
In late 2012 Scott Bessent, chief investment officer of Soros' family office, concluded that coming political changes in Japan probably would lead to yen depreciation. His actions resulted in a gain of $1 billion during the next three months. What ar..
Professional sports players are generally paid much more than farmers, factory workers, engineers, and teachers. The markets for the professional sports players, farmers, factory workers, engineers and teachers are generally competitive.
Forward commitment by the Fed has which of the following impacts? Forward commitment creates moral hazard in lending, as banks know that the Fed will continue to pump reserves into the system. Forward commitment encourages lending because banks do no..
you are the manager of global opportunities for a u.s. manufacturer who is considering expanding sales into europe.
Why is an M-form more likely than a U-form to be an efficient way of organizing a university and to organize the schools within it?
In non-zero-sum games, a. one player's winnings equal the other player's losses b. one player always wins and the other always loses c. the players' combined outcomes can never equal zero d. both players may win, both may lose, or one may win and the..
Suppose Jane buys only two goods X and Y , and she spends an income I on these two products. Suppose the price of X is px and the price of Y is py. She derives utility by consuming X and Y.
If you had the opportunity to meet Doug DeRito, what five questions would you ask?
a. determine the rule-of-thumb price when the monopolist has a marginal cost of 25 and the price elasticity of demand
Describe the pricing strategies in monopolistic competition, oligopoly, and monopoly market models. Explain which market structures are price makers and price takers. What is the difference in the demand curves and why.
air express an overnight mail carrier provides one flight per day from portland maine to hawaii. currently air express
Suppose Fred deposits $8,000 in cash into his checking account at the Bank of Bonzo. The Bank of Bonzo has no excess reserves and is subject to a 5 percent required reserve ratio. What is the maximum amount of deposits that can be created from Fred’s..
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