A good that a producer can prevent a consumer from using by charging a price is __________.

Answers

Answer 1

An amazing that a producer can prevent a patron from using by charging a price that is non-rivalrous.

A producer is someone who creates and materials items or services. manufacturers integrate exertions and capital—referred to as factor inputs—to create—that is, to output—something else. business firms are the principal examples of manufacturers and are normally what economists have in thought while speaking approximately manufacturers.

Producer items are the one's items, which fulfill the need of clients circuitously. As they assist in generating different items, they may be referred to as producer items. for instance equipment, equipment, uncooked materials, seeds, manure, tractor, etc are all instances of producer goods. they may be the overall choice makers. manufacturers will give you tale thoughts and hire writers or pick out and comfy rights to scripts. this is called 'optioning' a script. They determine the dimensions and price range of the film and supply financing from investors, studios, and vendors.

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Answer 2

Answer:

a private good that is excludable

Explanation:


Related Questions

In for peny, in for a pound , taking care of the rands and cents​

Answers

Answer:

l don't understand the question you ask

Why is creative thinking important to generate business ideas?

Answers

Answer: Creative thinking is necessary for business problem-solving.

Explanation: The skill of creative thinking is a helpful skill because it teaches workers/business owners to find opportunities and ways to improve something even if the situation is challenging. This also lets the person face a problem or situations by a different view. I hope this helped!

Donald's home was recently destroyed by a fire. He made an insurance claim for $250,000. Who is responsible for paying him the $250,000?

Answers

Answer:

THE INSURER

Explanation:

Which of the following is a benefit of a college education?
A. College graduates are more likely to have health insurance.
OB. College graduates are more likely to vote for the winning
candidate in any election.
C. College graduates do not enter military service.
D. 48 percent of college graduates read to their kids daily.

Answers

A. One of the benefits of a college education is that college graduates are more likely to have health insurance. This is due to several factors, including the availability of employer-sponsored health insurance plans that are often provided to college-educated employees.

Additionally, many college graduates pursue careers that offer better benefits packages, including health insurance coverage. Having access to health insurance ensures that individuals can seek necessary medical care and have financial protection in the event of illness or injury, promoting overall well-being and peace of mind.

It is worth noting that the other options mentioned, B, C, and D, are not necessarily direct benefits of a college education. While college graduates may be more likely to have certain characteristics or engage in certain behaviors, such as voting or reading to their kids daily, these are not exclusive to college graduates and can vary based on individual circumstances and choices.

The primary benefits of a college education lie in the acquisition of knowledge, critical thinking skills, career opportunities, personal growth, and increased earning potential.

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if oil prices fell, dramatically reducing the cost of transporting goods between australia and the u.s., the real exchange rate between the u.s. and australia would:

Answers

If oil prices fell, resulting in a significant reduction in the cost of transporting goods between Australia and the U.S., the real exchange rate between the two countries would likely be affected in the following way:

The real exchange rate is influenced by various factors, including relative prices between countries. In this scenario, the reduction in transportation costs due to lower oil prices would lead to a decrease in the prices of goods being transported between Australia and the U.S.

Lower transportation costs can potentially lead to lower prices for imported goods, which may affect the relative purchasing power of currencies.

Assuming all else remains constant, the decrease in prices of imported goods from Australia due to reduced transportation costs could make Australian goods relatively cheaper compared to U.S. goods.

This shift in relative prices may lead to an increase in demand for Australian goods, both domestically and internationally. Consequently, the increased demand for Australian goods could drive up the demand for the Australian dollar, potentially strengthening its value.

As a result, the real exchange rate between the U.S. and Australia would likely appreciate. The appreciation of the Australian dollar would mean that each unit of the Australian currency would be able to purchase more U.S. dollars, indicating an increase in the value of the Australian dollar relative to the U.S. dollar.

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3
Roscoe is helping his cousin redesign her family room. They work together to select a white leather couch, two white brocade chairs, and a large
white rug. They pick out some white throw pillows with different textures--some are knitted, and others are linen. Which BEST describes the
color scheme that Roscoe is creating?
A.
monochromatic
B.
complementary
OC.
primary
D.
analogous
Kk

Answers

Answer:  Monochromatic

Explanation:  Mono = 1, Chromatic = color:  Everything is white.

Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?

Answers

All of the following, with the exception of conditions, are required.

Describe insurance.

One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.

An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.

Become familiar with

Insurance

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_________ is the removal of items from a store with the intention of not paying for them.

a. shrinkage
b. shoplifting
c. control
d. none of the above

Answers

Answer:  lol that should be shoplifting

Shoplifting.........

P

What are

the gross sales?

Income Statement

For the Year Ended February 28, 2020

Revenues

Merchandise Sales

$304,000.00

Sports Training Income

24,600.00

Total Revenues:

328,600.00

Expenses

Salaries

Supplies Expense

Total Expenses:

85,000.00

15,500.00

100,500.00

*(all numbers in 000s)

Answers

The gross sales for the year ended February 28, 2020, were $328,600.00.

The income statement provided shows the revenues and expenses for the year ended February 28, 2020. To calculate the gross sales, we simply add up the total revenues, which includes merchandise sales and sports training income, giving us a total of $328,600.00.

Gross sales refer to the total revenue earned by a company before any deductions or expenses are taken into account. It is an important metric used to assess the overall financial performance of a company.

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on January 1, Year 1, Pell Corp. purchased a machine having an estimated useful life of 10 years and no salvage. The machine was depreciated by the double declining balance method for both financial statement and income tax reporting. on January 1, Year 6, Pell changed to the straight-line method for financial statement reporting but not for income tax reporting. Accumulated depreciation at December 31, Year 5, was $560,000. If the straight-line method had been used, the accumulated depreciation at December 31, Year 5, would have been $420,000. Pell's enacted income tax rate for Year 6 and thereafter is 30%. The amount shown in the Year 6 income statement for the cumulative effect of changing to the straight-line method should be: ___________

a. $98,000 debit.
b. $98,000 credit.
c. $140,000 credit.
d. $0.

Answers

Correct Answer: D

Explanation:

Choice "d" is correct. A change in the method of depreciation is now considered to be both a change in method and a change in estimate. These changes should be accounted for as changes in estimate and handled prospectively. The new depreciation method should be used as of the beginning of the year of change and should start with the current book value of the underlying asset. No retroactive or retrospective calculations should be made, and no adjustment should be made to retained earnings.
And, certainly, the cumulative effect should not be reflected on the income statement any more. Choices "a", "b", and "c" are incorrect, per the above Explanation: .

The collection of interactions a company has with a customer who has already purchased a product is
called
When dealing with customers face-to-face, a good customer service technique is
to
When speaking with customers over the phone, it is important to be aware of
can change the meaning of what is said.

Answers

If the customer appears to be frustrated the company service agent should try to understand the situation and should be familiar with situation.

What is a customer service technique?

A good service technique is a face-to-face interaction, first listen, summarize the problems, and repeat one should try to get a detailed insight into the problem and understand the client's frustration they should remember to tackle the situation carefully. They should have patience, empathy, and other qualities.

What are three important technique of customer service?

Essentially, the three "p"s of professionalism, patience, and a "people-first" mindset are the three key components of good customer service. Although each customer's experience with customer care is unique, as long as you're adhering to these rules, you're on the right route.

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Answer:

The collection of interactions a company has with a customer who has already purchased a product is

called

✔ customer service

.

When dealing with customers face-to-face, a good customer service technique is

to

✔ maintain eye contact

.

When speaking with customers over the phone, it is important to be aware of

✔ tone of voice

because it can change the meaning of what is said.

Actually got it right.

Have a good one!

If Real GDP is $9,000, the money supply is $12,000, and velocity is 3, then the price level isa. 4. b. 2.5. c. 3 d.3.33

Answers

If Real GDP is $9,000, the money supply is $12,000, and velocity is 3, then the price level is 4. (Option A).

How to Solve for Price Ratio?

Given the money supply, velocity, and real GDP, we can use the quantity equation to get the price level. M x V = P x Y is the quantity equation, where Y is real GDP.

We can use the quantity equation to get the price level if Real GDP is $9,000, the money supply is $12,000, and velocity is 3.

M x V = P x Y

$12,000 x 3 = P x $9,000

$36,000 = P x $9,000

P = $36,000 / $9,000

P = 4

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Utilizing your research notes, imagine you are a business manager and you must create a brief step-by-step problem-solving guide to be used by your employees. The guide should outline the steps in the problem solving process and provide a few details as to how an individual could approach each step. The guide should be no more than one page. Be sure to explain the value of collaboration and teamwork within the workplace.

Answers

Answer:

Define the problem

Analyze the affects of problem on the business

Generate list possible solutions to it.

Evaluate each alternative.

Implement a solution that is best fit

Monitor the results

Explanation:

There are six steps in problem solving. As a business manager one should understand all these steps to immediately counter a problem and progress for business success. The business manager should first define the problem and analyse the affects that it may cause to the business operations. He should then consider list of possible solutions which can solve the problem without any harm to business activities. The best possible solution to the problem should be selected and then it should be implemented to solve the problem quickly. The progress of the problem solving should be evaluated.

Comet Company is owned equally by Pat and his sister Pam, each of whom hold 100 shares in the company. Comet redeems 50 of Pam's shares on December 31, 20X3, for $1,000 per share in a transaction that Pam treats as an exchange for tax purposes. Comet has total E&P of $250,000 on December 31, 20X3. What are the tax consequences to Comet because of the stock redemption?

Answers

Answer:

Comet's E&P will decrease by $50,000 due to the exchange.

Explanation:

50 of Pam's shares are worth 50 x $1,000 = $50,000, since the corporation is redeeming them, it will do so by decreasing its earnings and profits (retained earnings account).

Generally when larger corporations buy back stocks (AKA treasury stocks), they will credit cash and debit treasury stocks, but since Pam's stocks are being retired, they are not going to be held as treasury stocks, therefore E&P must decrease.

when effective leaders hear others complaining about a problem, which action would they most likely take?

Answers

When effective leaders hear others complaining about a problem, THE action would they most likely take is: To try to learn how big the problem really is.

Who is a leader?

A leader is person that possess a leadership skills  and help to direct and lead the people that are under him/her.

An effective Leaders does not  ignore problems but they  tend to  learn how big the situation  and try to figure and solve it.

Therefore the action would they most likely take is: To try to learn how big the problem really is.

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PLEASE HELP ASAP::::


A tip employee’s earnings most closely resemble those of which of the following?

a.

An employee working on straight commission

b.

An employee working on commission plus salary

c.

An employee working on a piece-rate basis

d.

An employee working on a fixed salary



Please select the best answer from the choices provided


A

B

C

D

Answers

C. an employee workin on a piece-rate basis

Answer: c. An employee working on a piece-rate basis

fashooo

i failed on edg course bc of yall

Answers

Not our fault maybe listen in your class

Which of the following is an example of a value proposition?of the following is an example of a value proposition?
a. A cafeteria offers a low-cost buffet.
b. A local retailer carries merchandise intended for boys between the ages of 8 and 12.
C. A manufacturer produces display cases that it markets to large organizationcases
d A janitorial service targets public schools in the local county.anitorial service targets public schools in the local county.

Answers

The following is an example of a value proposition:  A manufacturer produces display cases that it markets to large organizations. Option c is correct.

A value proposition is a statement that explains what value a product or service provides to its customers. It typically includes the benefits or advantages of the product or service, and why customers should choose it over other options. In the example given, the manufacturer's value proposition is that they produce display cases that are specifically designed for large organizations. This implies that the display cases are tailored to meet the needs of these organizations, and may have features or benefits that are not available with other display cases. By marketing their product in this way, the manufacturer is highlighting the value that their product provides to customers in this specific market segment.

A value proposition is a key component of a business or marketing strategy, as it helps to differentiate a product or service from its competitors and communicate its unique value to customers. A well-crafted value proposition can help to attract new customers, retain existing ones, and build brand loyalty.

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If the internal rate of return exceeds the discount rate, then the net present value of a project is:
A) positive
B) negative
C) zero
D) one

Answers

If the internal rate of return exceeds the discount rate, then the net present value of a project is: A) positive.

What is IRR?

In Project management, IRR is an abbreviation for internal rate of return and it can be defined as a metric that is typically used in financial analysis in order to estimate the profitability of all potential projects or investments for a business organization or investor.

This ultimately implies that, internal rate of return (IRR) has the ability to discount the cash in-flows and out-flows of a project to a sum that would be equal to zero (0).

In this context, we can reasonably infer and logically deduce that the net present value (NPV) of a project would be positive when the internal rate of return (IRR) exceeds the discount rate i.e the internal rate of return (IRR) is greater than the discount rate of the project.

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wilson electric reports income tax expense of $151,000. income tax payable at the beginning and end of the year are $20,200 and $25,300, respectively. what is the cash paid for income taxes during the year?

Answers

according to the question $104,700 is the cash paid for income taxes during the year.

Why is there an income tax?

An individual must pay the individual income tax, sometimes known as the personal income tax, on all of their annual income, including wages, wages, dividends, interests, and other types of income. The state where the income is derived often levies the tax.

How is income tax such a big deal?

Taxes are used by the government to pay for a range of social welfare, including measures to create jobs. The government is responsible for covering the administrative expenses for the different departments' thousands of employees.

Briefing:

cash paid = income tax expense - (income tax payable at the beginning + end of the year)

= $151,000 - ($20,200 + $25,300)

= $105,500

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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.

Answers

25 tickets

($14)(25)=$350
($25)(11)=$275
$350+$275= $625

A flower shop uses software to execute transactions that is ten-years old. It is often slow and ineffective. What type of influence is affecting this business?


external

economic

governmental

internal

Answers

Answer:

Internal

Explanation:

The problem is the flower shop’s software. The flower shop needs to update or buy a different up-to-date software like ASAP.

Insurance can help with ???

Insurance can help with ???

Answers

Answer:

B. In an emergency

Explanation:

Insurance is purchased to protect things that you own

b because i said b is right

Working conditions in the United States in the early 1900’s can best be described as _____.
a. Beneficial
b. Atrocious
c. Rewarding
d. Simple

Answers

Answer:

b. Atrocious

Explanation:

many injuries and low wage

Answer:

its b yall

Explanation:

cora purchased a hotel building on may 17, 2021, for $3,000,000. determine the cost recovery deduction for 2022.

Answers

Nonresidential real estate is the hotel building..02564 × $3,000,000 = $76,920.)

What is nonresidential genuine property?

Any real estate that is neither residential rental property nor has a class life of less than 27.5 years is considered nonresidential real estate.

What is a good illustration of nonresidential real estate?

Hotels, motels, churches, hospitals, educational and charitable institution buildings or facilities, clubs, lodges, association buildings, golf courses, recreational facilities, farms, and other nonresidential real estate are all examples of nonresidential real property.

Who Are Non-Residents?

A person who primarily resides in one region or jurisdiction but has interests in another region is considered a non-resident.They will be considered a non-resident by authorities in the region in which they do not primarily reside.

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Question 2 of 10
Jeremy doesn't have a lot of money to spend on advertising, but he knows his
target audience are local outdoor enthusiasts. Which type of media format
should Jeremy use to advertise?
A. Local newspapers
B. Billboards on busy streets
C. National television commercials
D. Plane banners

Answers

Answer:

B. Billboards on busy streets

Explanation:

Billboard advertising involves making use of large-scale print advertisements to market a company's products and services.  Billboards are strategically mounted in high traffic areas to pass their message to as many people as possible. Busy highways and streets, strategically located buildings are ideal places to put billboards.

Jeremy should consider using billboards for the following reasons.

His clients are local outdoor enthusiasts;  he needs to find out their favorite destinations are put billboards along the way. This way, he will capture their attention.Billboards are less costly compared to other advertisement options, such as television or plane banners.Billboards will be effective in his case. Because his clients are local, and billboards remain in place for several days or weeks,  his target clients will not fail to spot them.

Answer:local news papers

Explanation:

Provide the advantages and disadvantages of online marketing,
social media and salesperson. To what extent have online and social
media resources replaced salespersons?

Answers

Online marketing has become a prevalent medium for businesses to promote and market their goods and services. Nonetheless, like any other marketing strategy, online marketing has its advantages and disadvantages.

Advantages of online marketing:

1. Allows for broader audience targeting.

2. It is cost-effective.

3. Provides an opportunity to automate sales and promotional efforts.

4. It allows for a higher degree of flexibility.

Disadvantages of online marketing:

1. It is highly competitive.

2. Limited personal touch.

3. Requires technological expertise.

4. It requires continuous maintenance.

Social media is another prevalent marketing tool. Businesses of all sizes are now leveraging social media to reach their target audience. Here are the advantages and disadvantages of social media.

Advantages of social media:

1. Cost-effective marketing.

2. Allows for a broader audience targeting.

3. Helps build trust and brand loyalty.

4. Facilitates instant communication.

Disadvantages of social media:

1. Limited control over brand messaging.

2. Misuse of the platform could be detrimental to the brand.

3. Time-consuming.4. Difficult to track ROI.

Salespersons, on the other hand, have been the cornerstone of the marketing and sales process. The sales representative is responsible for selling goods and services to customers, which contributes to a company's revenue. Here are the advantages and disadvantages of salespersons.

Advantages of salespersons:

1. Provides a personalized touch to sales.

2. Allows the business to address unique concerns.

3. Improves customer relationship.

4. Facilitates instant feedback.

Disadvantages of salespersons:

1. Expensive.

2. Limited reach.

3. Limited scalability.

4. Difficult to maintain quality control.

To some extent, online and social media resources have replaced salespersons. The growth of digital communication channels has created new ways to connect with prospects and customers. E-commerce businesses and consumer-focused businesses have increasingly moved towards digital communication channels to reach their target audience, such as chatbots, SMS messaging, email marketing, and social media ads. Sales representatives may still be used by larger organizations to maintain a personal touch with prospects and customers, but the role of the salesperson has changed. They now serve as consultants who assist the customer in the sales process.

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which is the smallest number that can be divided by 15 16 and 21 leaving a reminder of 3​

Answers

The smallest number will of course be seven; however, you most likely meant the smallest number other than seven.

To meet the criteria stated, n-7 must be a multiple of 15, 21, and 18. Since 0 is a multiple of all numbers, 7 works for this, but to find the second-smallest, we will have to find the smallest number (othed than 0) that is a multiple of all three, the LCM.

We start with the prime factorization of each numbers

15=3×5

21=3×7

18=2×3×3

We now multiply the prime factors together, but factors that multiple numbers have in common ard only counted once. Therefore, the LCM is 2×3×3×5×7. Not that we still multiply by 3 twice because the number 18 has three as a factor twice. However, we don't count it a third our fourth time even though it is a factor of the other numbers. 2×3×3×5×7=630, so 630 is the LCM of 15, 21, and 18. Therefore 637 will have a reminder of 7 when divided by either of them.

The smallest number is 7

Which of the following types of risk is also known as political risk?
A) currency risk
B) cross-cultural risk
C) commercial risk
D) country risk

Answers

D) Country risk is also known as political risk. It encompasses the potential risks and uncertainties arising from political factors in a specific country that can impact business operations and investments.

Country risk refers to the potential risks and uncertainties associated with investing or conducting business in a specific country. It encompasses various factors, including political, economic, legal, and social conditions that can impact business operations and investments.

Political risk, on the other hand, specifically refers to the risks arising from political factors in a country that can have an adverse impact on business activities. This can include risks such as changes in government policies, regulations, political instability, civil unrest, expropriation of assets, and trade restrictions.

Given that country risk encompasses political factors, it is often referred to as political risk. It recognizes the potential risks and challenges that businesses may face due to the political environment of a specific country.

Currency risk (A) refers to the potential losses or gains that can result from fluctuations in exchange rates. Cross-cultural risk (B) refers to the challenges and risks associated with operating in a diverse cultural environment. Commercial risk (C) pertains to risks associated with market demand, competition, and business operations.

Among the given options, country risk (D) is also known as political risk. It encompasses the potential risks and uncertainties arising from political factors in a specific country that can impact business operations and investments.

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Robert tells Joan, his wife, that he has been offered an upper management position by his employer. He informs her that if he accepts the offer, he will be required to relocate and work in Japan for the next seven years. He thinks accepting this offer will make their family financially stable. However, his wife is not happy with this offer because it will involve her quitting her job and their children losing an entire year of college. She thinks this will adversely affect their family. In this scenario, Robert and Joan have a(n) ________.

Answers

Considering the situation described above, Robert and Joan are having "a dilemma."

This is because a dilemma is a situation whereby individuals are having a problem in choosing a choice between two or more options, particularly when both ones are equally desirable or undesirable.

In this case, both Robert and Joan have a dilemma choosing whether they should stay or leave for Japan.

Both options have their advantages and disadvantages. Thus, it is difficult for them to choose one particular alternative easily.

Hence, in this case, it is concluded that a dilemma can make people take more time before deciding.

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Find the difference in area between the circle and the triangle. possible answers are - A=27pi- A=4pi-8- A=9pi-9/2radical 3- A=16/3pi- A=16 Which era began in Europe after the collapse of the Roman Empire? What are mixed economies and why do they develop? Do the table and double number line show the same constant of proportionality?ExplainBowls 2Bowls1234Cost (5)36912Cost (5)61218 Find the Taylor polynomials Pa and Ps centered at a = for f(x) = 2 cos(x) P.(x) = 0 PLEASE HELP!! I NEED ANSWERS SOON 8. The straight line depreciation equation for a car isy = -2,680x + 26,800.a. How much is the car worth afte-months?b. How much is the car worth after 75 months?c. Suppose that M represents the length of time in months whenthe car still has value. Write an algebraic expression to representthe value of this car after M months.The graph ofO Need to have a claim in the introduction about our choice like cutting trees or not and in the middle I chose in the middle where we cut and dont cut What is a commonancestor?A. the oldest living member of a familyor population of organismsB. the first and oldest organism of anew speciesC. the first level of a family treeD. the organism that was thebeginning of multiple new species as aresult of evolution this is answer Antony has 240 cubes, like the one shown. He uses all the cubes to fill a box shaped like a larger rectangular prism. There are no gaps between the cubes. Determine the volume, in cubic inches, of the box. explain the role of the board of directors in a public company?provide four points Write the equation for a line passing through (4, 13) and has a slope of 3 Story: born worker Why do you think Jose feels he is destined to labor support your answer with textual evidence. what did evans-pritchard discover in the early twentieth century about azande language practices? pls help!! Knowing the conflict your character faces, what will the turning point be for him or her? Begin outlining the plot by starting with the climax. How does he or she get to that point? (Thats the exposition and rising action.) How is he or she changed because of the turning point? (Thats the falling action and resolution.) how does the de broglie wavelength of an electron change if its momentum increases?a. The de Broglie wavelength of the electron increases.b. The de Broglie wavelength of the electron decreases.c. The de Broglie wavelength of the electron is unchanged. while on break in the cafeteria, a person sitting at a nearby table begins choking. the person looks panicked and frightened. you go over to help and note that the person is not able to breathe, speak or cough. you summon additional resources and obtain consent. which action would you do next? Show how Quicksort algorithm sorts the array: 1 36 14 27 10 31 17 5. You must trace through the algorithm and show all steps. Use the middle index as the pivot element. after reviewing your pie chart, you realize that it could be improved by resizing the segments. resizing the segments in proportion to each segment's relative value enables you to visually show the different values.T/F MaxiDrive manufactures a wide variety of parts for recreational boating, including a gear and driveshaft part for high-powered outboard boat engines. Original equipment manufacturers such as Mercury and Honda purchase the components for use in large, powerful outboards. The part sells for $694, and sales volume averages 33,500 units per year. Recently, MaxiDrives major competitor reduced the price of its equivalent unit to $649. The market is very competitive, and MaxiDrive realizes it must meet the new price or lose significant market share. Management has begun paying closer attention to costs and has reconfirmed the current existing standard costs. The controller then assembled the following cost and usage data for the most recent year for MaxiDrives production of 33,500 units:BudgetedQuantityBudgetedCostActualQuantityActualCostDirect materials$7,350,000$7,850,000Direct labor2,705,0003,050,000Indirect labor2,840,0002,665,000Inspection (hours and cost)1,260470,0001,850435,000Materials handling (number of purchases and cost)6,050925,0004,300910,000Machine setups (number and cost)2,2501,175,0002,3501,150,000Returns and rework (number of times and cost)470165,000670215,000$15,630,000$16,275,000Required:1. Calculate the target cost for maintaining current market share and profitability. (Do not round intermediate calculations. Round your answer to 2 decimal places.)