ZARA uses a First-In.First-Out (FIFO) perpetual inventory system and has the following purchases and seles
February
10
February 16
50 units were purchased at
535 per unit.
75 units wore purchased at
$66 per unit.
What is the cost per unit sold assuming that 29 units were sold on February 29?
Answers
ZARA uses the FIFO perpetual inventory system and had two purchase transactions in February. On February 10, 650 units were purchased at $535 per unit, and on February 16, 75 units were purchased at $66 per unit. The cost per unit sold, using the FIFO perpetual inventory system, is approximately $1,947.62.
Given that 29 units were sold on February 29, we need to determine the cost per unit sold.
To calculate the cost per unit sold, we need to follow the FIFO method, which assumes that the first units purchased are the first ones sold. In this case, we first consider the 650 units purchased on February 10, followed by the 75 units purchased on February 16.
1. Calculate the cost of units sold from February 10: Since 29 units were sold, we start by assigning the cost of the units purchased on February 10 to the units sold. Multiply the number of units sold (29) by the cost per unit from February 10 ($535).
29 units * $535 per unit = $15,515
2. Calculate the remaining cost of units sold from February 16:
As we exhaust the units purchased on February 10, we need to allocate the remaining units sold to the ones purchased on February 16. Subtract the number of units sold from the total units purchased on February 10 (650 - 29).
Remaining units = 650 - 29 = 621 units
Multiply the remaining units (621) by the cost per unit from February 16 ($66).
621 units * $66 per unit = $40,986
3. Calculate the total cost of units sold:
To find the total cost of units sold, add the cost calculated from February 10 ($15,515) to the cost calculated from February 16 ($40,986).
Total cost of units sold = $15,515 + $40,986 = $56,501
4. Calculate the cost per unit sold:
Divide the total cost of units sold by the total number of units sold (29).
Cost per unit sold = $56,501 / 29 units = $1,947.62 (rounded to the nearest cent) Therefore, the cost per unit sold, using the FIFO perpetual inventory system, is approximately $1,947.62.
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Related Questions
Will give brainlest
1. Define scarcity in terms of wants.
2. What are the three questions of economics?
3. Land, labor, capital, and entrepreneurship are called what economic term?
4. What is another word/term for an entrepreneur?
5. What is the reason most individuals want to open a new business?
6. Jim spends two and a half hours and $40 at the movies the night before an exam. What is the opportunity cost of this decision?
7. In a command economy, who decides what goods and services will be produced?
8. In capitalist economies how are prices set?
9. What is happening in the graph? (Supply or demand, increase or decrease, and is it quantity or not?)
10. What happens to the price and to quantity at this new equilibrium?
11. The law of supply says that as price rises, what will happen?
12. What will a high price do to consumers buying, and what will it do for producers?
13. If gas production drops for the year, how would it affect prices?
14. The law of Demand says when the price rises, the quantity demanded ________, and when prices fall, the quantity demanded of a good will __________.
15. If items are economic compliments, and demand for one increases, what will happen to the other item, typically?
16. Due to technological advances, individuals are able to buy and download music from the Internet as opposed to simply buying music from a store.
How would this technology affect the compact disc market? (Supply or demand? Increase
or decrease?)
17. What are the determinants of supply?
18. What do consumers do in the market to impact or influence what is produced?
Answers
Answer:
1. Scarcity is the inability to satisfy ones wants using the means available to them
2. Many have defined Economics as a social science that examines the relationship between
ProductionDistribution and Consumption of products and services.So the three questions are:
What will be produced?
Who will consume the products?
How will it get to the consumer?
3. Land, Labor, capital, and entrepreneurship in economic parlance collectively called the factors of production. Many schools of thought have also added Information to that list.
4. Another word for an entrepreneur is a business owner
5. Most businesses are set up to make a profit. Others to meet an intrinsic goal. However, because every business must operate sustainably, even not-for-profits must at least breakeven to remain in existence
6. The opportunity cost of a thing is the benefit forgone in order to have or possess that thing. The opportunity cost to Jim is the risk of failing the exam giving that he should be prepping of getting ready for the same.
7. In a command economy, the government is in control of all the factors of production and so decides what goods and services will be produced.
8. In capitalist economies, prices are determined by the forces of demand and supply
9-10. the graph was not supplied. Hence the answer could not be provided.
11. The law of supply says that as price rises, (all things being equal), supply will follow in the same direction. This is because rising prices is favorable to the manufacturer of the product as they stand to make more profit.
12. High prices will force demand by consumers down. Consumers also want to maximize value. That is, they want to get the best at the lowest price possible. Hence, for consumers, high prices (all things being equal) will translate to lower quantity purchased.
Producers on the other hand will (all things being equal) attempt to push out more of their products in order to take advantage of the high prices to make more profit.
13. Gas production will most likely translate to increased prices. The demand for gas is inelastic because it is an essential commodity. Hence a drop in the volume available for purchase (all things being equal) will create an upward spiral in prices.
14. The law of Demand says when the price rises, the quantity demanded (all things being equal) goes in the opposite direction, and when prices fall, the quantity demanded of a goodwill (all things being equal will go the opposite direction.
15. Demand for Complimentary or joint goods such as smartphones, data and call credit usually go in the same direction (all things being equal).
16. Advances in technology is leading to a decrease in the supply and demand for compact disk. Because of the availablility of songs and videos online and ease of access to them via the same media, the demand for compact discs which take up a lot of physical space and usually more expensive is take a downward run. This, in turn, is discouraging more production hence the lower the supply of same.
17. The determinants of supply are:
Cost of raw materials/inputs Productivity Technology: Better technology will translate to increased supply The Number of sellers: the more sellers there is, the more supply there is. Taxes and subsidies: Supply and taxes usually go in the opposite direction. Subsidies and supply usually go in the same direction. Government regulations: This can stop the supply for a goods or service completely or enhance it greately Price Expectations: When supplier expectations about prices are positive, supply goes up. Positive expectation is that the prices will go up.18. Consumers in order to impact or influence what is produced can choose between substitutes. These choices reflect why they go for a particular service, hence forcing other suppliers to follow the factors which drive demand.
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the effectiveness of monetary policy is in part due to selected answer will be automatically saved. for keyboard navigation, press up/down arrow keys to select an answer. a the lack of political influence. b the long implementation lag. c the zero limit on interest rates. d the short effectiveness lag. e all of the above.
Answers
The effectiveness of monetary policy is attributed to various factors, including the lack of political influence, the long implementation lag, the zero limit on interest rates, and the short effectiveness lag.
One of the main reasons why monetary policy is effective is due to the lack of political influence. Central banks are typically independent of political influence, which allows them to make decisions based on economic data and analysis rather than political pressure. This independence ensures that monetary policy decisions are made in the best interest of the economy as a whole. Another factor that contributes to the effectiveness of monetary policy is the long implementation lag. It can take several months or even years for monetary policy decisions to have their full impact on the economy. However, once the effects do kick in, they tend to be significant and long-lasting.
In summary, all of these factors contribute to the effectiveness of monetary policy in stimulating economic growth and stability.
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if demand is not uniform and constant, the stockout risks can be controlled by __________.
Answers
If demand is not uniform and constant, the stockout risks can be controlled by integrating an inventory management system.
A stockout happens when customer demand for a product surpass the amount of inventory held on hand. This occurs when demand exceeds expectations and there is not enough regular inventory or safety stock to fulfill all orders. A stockout can also result from production process halts or delays in the supply chain.
An inventory management system aids in ensuring that the appropriate quantity of inventory is available at the appropriate time to satisfy demand. This can include predicting demand, monitoring inventory levels, using reorder points to prompt restocking, forecasting demand, adjusting production schedules, ordering more inventory as necessary, and using inventory optimization techniques like just-in-time (JIT) or economic order quantity (EOQ) to reduce excess inventory and minimize stockout risks. Businesses can reduce the costs of stockouts, overstocking, and retaining too much inventory while managing the risks associated with unpredictable demand by employing an inventory management system.
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The additional satisfaction received from consuming an additional unit of a good is called the.
Answers
The additional satisfaction received from consuming an additional unit of a good is called Marginal Utility.
Marginal Utility is the benefit or additional satisfaction received by the consumer with each subsequent unit or additional unit of a good or service. Marginal utility is inversely related to the number of units of goods or services he has already consumed. This means that with the consumption of each additional unit add the satisfaction, and hence the marginal utility of the consumer, decreases.
Due to this downward trend, there must come a point where the marginal utility to the consumer becomes zero. This is derived from the concept that the price of foods or services is determined by their utility.
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What is nation’s plan for answering the key economic questions?
Answers
Explanation:
economic decision-making
process of choosing which wants among several options will be satisfied
producers
individuals and organizations that determine what products and services will be available for sale
economic system
a nation's plan for answering the three economic questions
economic resources
means through which goods and services are produced
needs
things that are required in order to live
scarcity
not having enough resources to satisfy every need
supply
quantity of a good or service that businesses are willing and able to provide
consumer
person who buys and uses goods and services
command economy
system in which resources are owned and controlled by the government
goods
things that you can see and touch
capitalism
private ownership of resources by individuals rather than by the government
traditional economy
system in which goods and services are produced the way they have always been done
mixed economy
system that combines elements of the command and market economies
demand
quantity of a good or service that consumers are willing and able to buy
market price
point where supply and demand are equal
wants
things that add comfort and pleasure to your life
services
activities that are consumed at the same time they are produced (things that others do for you)
trade-off
giving up on something to have something else
opportunity cost
value of the alternative you did not choose
market economy
system in which the resources are owned and controlled by the people of the country
economic choices
you can't have everything so you must choose
what are the 6 tips in the economic decision making?
1. define the problem
2. identify your choices
3. evaluate your choices
4. choose one
5. act on your decision
6. review your decision
(DieCar)
unlimited wants
wants that are never-ending and build off each other
what are the three economic resources or also known as factors of production?
a. natural resources
b. human resources
c. capital resources
natural resources
resources that come from the earth, water, or air (oil, ,gold, copper, etc.)
human resources
people who work to produce your goods and services (people in labor)
capital resources
tools, building, equipment that are used to produce them
what is the basic economic problem for businesses and families?
scarcity
competition
a contest among sells to get consumers to buy their product (you)
freedom of choice
buy what you want and where you want
In a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel its coffee tastes better than its competitors'. There are dozens of pasta producers that sell pasta to hundreds of Italian restaurants nationwide. The restaurant owners buy from the cheapest pasta producer they can. While pasta manufacturers must pay licensing fees to their local government and undergo regular food-safety inspections, anyone who has passed inspections can acquire and maintain their license. Only three airlines fly from San Francisco to Medford, Oregon. No new airline will enter this market, because there are not enough customers to share among four or more airlines without each one experiencing substantially higher average costs. Consumers view all airlines as providing basically the same service and will shop around for the lowest price. The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug.
How many firms? One, Many or Few
Type of product? Unique, Anything, Standardized, or Differentiated
Market Value? Perfect competition, oligopoly, monopolistic competition or monopoly
Answers
Answer:
In a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel its coffee tastes better than its competitors'. - Differentiated product. Monopolistic competition.
The product is differentiated because it is not a perfect substitute for its competitors, since it is seen as being of higher quality than the rest.
The market structure is monopolistic competition because while there are many firms in the market, they do not sell prefect substitutes, and as a result, the market is sensitive to the rise of one of the companies.
There are dozens of pasta producers that sell pasta to hundreds of Italian restaurants nationwide. The restaurant owners buy from the cheapest pasta producer they can. While pasta manufacturers must pay licensing fees to their local government and undergo regular food-safety inspections, anyone who has passed inspections can acquire and maintain their license. - Standardized. Perfect Competition.
The pasta producers sell a product that is a perfect substitute, that is why restaurant buy whichever pasta is the cheapest.
The market value is reached in Perfect Competition because there are many firms in the market, the products are perfect substitutes, and few if any barriers to entry and exit.
Only three airlines fly from San Francisco to Medford, Oregon. No new airline will enter this market, because there are not enough customers to share among four or more airlines without each one experiencing substantially higher average costs. Consumers view all airlines as providing basically the same service and will shop around for the lowest price. - Standarized. Oligpology.
The product is standarized because it essentially has the same qualities, and consumers view all airlines as providing basically the same service.
The market structure is oligopoly because the market only has three firms, and no new firms can enter the market (barriers to entry).
The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug. - Unique. Monopoly.
The product is an unique type of drug, that is why it was granted a patent.
The market structure is a monopoly because only one firm sells a product that does not have any substitutes.
Coffee shop chain - Many businesses cater to the market's wants and needs. This is a distinctive item because customers believe it tastes much better than competing brands.
There is a monopolistic competition going on here.
The white stockings company is one of many that produce the same product. Because each business generates the same homogeneous result, it is a standardized product.
Taxi businesses - There are just a few, if not two, taxi services on the market. Their product is anything that is homogeneous and that the clients do not distinguish.
Patented medicine - the market is monopolized since only one company operates in it. In the marketplace, there is just one seller.
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Employee benefits ______. a. decrease total employment compensation b. increase total employment compensation c. decrease net pay d. increase net pay Please select the best answer from the choices provided A B C D
Answers
Employee benefits increase total employment compensation. The Employees' Provident Fund, the Employees' State Insurance Scheme, statutory leaves, gratuities, and maternity leave are examples of statutory benefits.
Common employee benefits include a vehicle or mobility allowance, subsidized or free meals, and internet and cell phone bill reimbursement. Medical, disability, and life insurance, retirement benefits, paid time off, and fringe benefits are the most frequently offered perks. Benefits can be quite compensation worthwhile. The four basic types of employee benefits that many companies offer are medical insurance, life insurance, disability insurance, and retirement programs. Below, we've included a simple definition for each of these categories of employee perks.
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Buying or selling stock is
saving
investing
Otrading
Odiversifying
Answers
Answer:
Trading
Explanation:
1. Saving is saving funds to invest in stocks.
2.
Buying stock is an investment.
3. Trading - meaning buying or selling any stock shares you own is trading.
outline 2 advantages to H&H of using secondary market research
Answers
Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable
how will you explain a yellow colour to someone who has never seen before??
Answers
Answer:
it is a bright color close to orang but lighter with a tint of white added to orange to make a bright floresent color
Explanation:
Answer:
well, I will explain it like this Yellow is the warm sun while a cool breeze blows on your face. Yellow is exciting without being loud or angry.
Explanation:
Hope this is helpful! Stay safe and God Bless you:)
jordan works for a bank and decides whether to approve small business loans. he researches market saturation and the health of existing businesses before deciding how likely the prospective small business owner is to succeed. jordan is making a(n) decision.
Answers
Jordan is making an informed or data-driven decision based on research and analysis of various factors such as market saturation and the health of existing businesses.
What is Data-driven Decision?Data-driven decision-making is an approach to decision-making that relies on analyzing and interpreting data and information to inform the decision-making process. In this approach, data is collected, organized, and analyzed to provide insights and support decision-making. The goal is to make informed decisions that are based on evidence rather than intuition or guesswork.
Data-driven decision-making can be used in various fields, including business, healthcare, education, and government. It involves collecting and analyzing data from multiple sources, such as surveys, customer feedback, sales reports, and other types of data. The analysis of this data helps to identify patterns, trends, and insights that can inform decision-making.
Below is the Complete Question:
Jordan works for a bank and decides whether to approve small business loans. he researches market saturation and the health of existing businesses before deciding how likely the prospective small business owner is to succeed. Jordan is making a(n) ________ decision.
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For each of the following, describe some of the potential opportunity costs:
Exercising an hour every other day. (Check all that apply.)
A.Cost of purchasing exercise equipments.
B.Time spent working.
C.Time spent on other leisure activities.
D.Time spent with your family
Answers
Exercising for an hour every other day can incur potential opportunity costs such as the cost of purchasing exercise equipment, time spent working, time spent on other leisure activities, and time spent with your family.
Exercising an hour every other day can have several potential opportunity costs. Let's explore each option:
A. The cost of purchasing exercise equipment can be a potential opportunity cost. If you choose to exercise, you may need to invest in equipment such as weights, a treadmill, or a stationary bike. This cost represents the alternative use of your money that could have been spent on other things.
B. Time spent working can also be an opportunity cost. If you dedicate an hour every other day to exercising, you may have less time available for work. This could potentially impact your productivity or result in a reduction in income.
C. Time spent on other leisure activities can be another opportunity cost. By exercising for an hour every other day, you may have less time to engage in hobbies, watch movies, or participate in other recreational activities that you enjoy.
D. Time spent with your family can also be a potential opportunity cost. If you allocate time to exercise, it might reduce the amount of time you can spend with your loved ones. This could impact your relationships and the quality of time you have together.
In conclusion, exercising for an hour every other day can incur potential opportunity costs such as the cost of purchasing exercise equipment, time spent working, time spent on other leisure activities, and time spent with your family. It's important to consider these costs and weigh them against the benefits of exercising to make an informed decision.
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2. Answer the following questions about the letter:
a. Who is the sender of this letter? (1 point)
b. Who is the recipient of this letter? (1 point)
c. What is the purpose of this letter? (2 points)
Answers
Note that the letter referenced in this question is unavailable so we can look at an alternative. (See the attached.)
In this case:
The Sender is: James JohnThe recipient is the Manager at Sun Bank; andThe purpose of the letter is to apply for a job.What is a letter important?
A letter is important as it serves as a means of communication and helps convey thoughts, ideas, and information from one person to another.
A letter can be used for personal or official purposes and can play a significant role in establishing relationships, resolving conflicts, or making important decisions.
A well-written letter is an effective tool for conveying messages, as it allows for clear and concise communication, and provides a record of the message for future reference.
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Creating an emergency fund to pay for unexpected expenses is known as __________________________________.
a
Backdoor Budgeting
b
"Saving for a Rainy Day"
c
Opening a Mutual Fund
d
Placing your money in a CD
Answers
Answer:
b
"Saving for a Rainy Day"
Explanation:
"saving for rainy day' is a phrase that means putting some money a side for use in times of need. The phrase encourages people to save money for emergency use. As a rule of thumb, one should have at least three times their normal income as savings.
Does the Federal Reserve pay taxes?
Answers
Answer:
Federal Reserve banks are exempt from paying taxes at the federal, state and local levels, except on real estate holdings. This is because of rules on taxation set forth in Section 7(c) of the Federal Reserve Act.
Explanation:
URGENT
In which situation is a country most likely to choose a fixed exchange rate for its currency?
A. A country expects its currency to be more valuable than other countries’ currency.
B. A country is confident that its currency’s market value will remain steady over time.
C. A country that ants to encourage other countries to freely buy and sell its currency.
D. A country wants to make sure that it’s currency is stable in all economic situations.
Answers
Answer:
D. A country wants to make sure that its currency is stable in all economic situations.
Explanation:
In the given options, the situation where a country is most likely to choose a fixed exchange rate for its currency is:
D. A country wants to make sure that its currency is stable in all economic situations.
Choosing a fixed exchange rate allows a country to maintain stability in its currency value and minimize fluctuations. It provides certainty for trade and investment by ensuring that the exchange rate remains constant and predictable. This can be particularly advantageous for countries that want to promote economic stability and attract foreign investment.
The following scatterplot displays the world bank's most recent data (as of 2019) on public spending on education (as a percentage of gdp) and literacy rate (percentage of the population who can read and write) for many countries. we will investigate the linear association between the two variables.
Answers
The scatterplot provides a visual representation of the relationship between public spending on education and literacy rates, but further investigation and analysis is necessary to fully understand the nature of the correlation.
To investigate the linear association between public spending on education and literacy rates, we need to analyze the scatterplot. Looking at the graph, we can see that there is a positive correlation between the two variables. Countries with higher public spending on education tend to have higher literacy rates. However, there are some outliers, meaning that some countries with high literacy rates have lower public spending on education, and vice versa.
It's important to note that correlation does not necessarily equal causation. While the scatterplot shows a positive correlation, we need to conduct further research and analysis to determine if higher public spending on education directly causes higher literacy rates. Other factors, such as cultural attitudes towards education and access to resources, may also play a role.
In conclusion, the scatterplot provides a visual representation of the relationship between public spending on education and literacy rates, but further investigation and analysis is necessary to fully understand the nature of the correlation.
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SOS
A country has a trade deficit of $20 billion with its trading partners over a
year. Which change would cause the country to have a trade surplus the
following year, assuming everything else remains the same?
A. The country decreases its exports bus 10 billion.
B. The country increases its exports by $30 billion.
C. The country decreases its imports by $10 billion.
D. The country increases its imports by $30 billion.
Answers
B) the country increases its exports by $30 billion
Explanation:
I took a quiz
Answer:
increases its export 30 million
Explanation:
The fact that multiple generations often work together in family businesses provides which of the following advantages? A) They will have equal skills with technology B) Family dynamics will play a part in business relationships C) perspectives of diverse clients are more likely to be taken into consideration D) Family members from different generations are more likely to get along
Answers
Answer:
Explanation: B) Family dynamics will play a part in business relationships.
Sergio needs to reach his supervisor as soon as possible to make a decision about an important client who is threatening to take their business elsewhere if they do not get an immediate response. What is the MOST logical channel of communication for Sergio to use to contact his supervisor and why?
Answers
Answer: The most logical channel of communication for Sergio to use to contact his supervisor would be a phone call or an instant messaging service. This is because phone calls and instant messaging allow for immediate, real-time communication. Sergio needs to reach his supervisor as soon as possible to make a decision about an important client and these two channels of communication allow for the fastest and most direct form of communication. Email or text message may take longer for the supervisor to receive and respond to, which would not be ideal for Sergio's situation.
Explanation:
What is a major function of the public sector
Answers
Answer:
Public sector provides many services such as; education, health and social care.
A company that produces pleasure boats has decided to expand one of its lines. Current facilities are insufficient to handle the increased workload, so the company is considering three alternatives, A (new location), B (subcontract), and C (expand existing facilities). Alternative A would involve substantial fixed costs but relatively low variable costs: fixed costs would be $250,000 per year, and variable costs would be $500 per boat. Subcontracting would involve a cost per boat of $2,500, and expansion would require an annual fixed cost of $50,000 and a variable cost of $1,000 per boat. A. Find the range of output for each alternative that would yield the lowest total cost. (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to the nearest whole number. Do not include the indifference point in your answer. )A or moreB to C to b. Which alternative would yield the lowest total cost for an expected annual volume of 150 boats? ABC
Answers
To find the range of output for each alternative that would yield the lowest total cost, we need to compare the total costs for different levels of output. Let's calculate the total costs for each alternative and find the ranges:
Alternative A:
Total cost (A) = Fixed costs + (Variable costs per boat * Number of boats)
Total cost (A) = $250,000 + ($500 * Number of boats)
Alternative B:
Total cost (B) = Cost per boat * Number of boats
Total cost (B) = $2,500 * Number of boats
Alternative C:
Total cost (C) = Fixed costs + (Variable costs per boat * Number of boats)
Total cost (C) = $50,000 + ($1,000 * Number of boats)
Now, let's compare the total costs for different output levels:
For Alternative A to be the lowest cost option:
Total cost (A) < Total cost (B) and Total cost (A) < Total cost (C)
For Alternative B to be the lowest cost option:
Total cost (B) < Total cost (A) and Total cost (B) < Total cost (C)
For Alternative C to be the lowest cost option:
Total cost (C) < Total cost (A) and Total cost (C) < Total cost (B)
Now, let's calculate the ranges of output for each alternative:
For Alternative A to be the lowest cost option:
$250,000 + ($500 * Number of boats) < $2,500 * Number of boats and $250,000 + ($500 * Number of boats) < $50,000 + ($1,000 * Number of boats)
Simplifying the above inequalities will give you the range of output for Alternative A.
Similarly, calculate the ranges for Alternative B and Alternative C by comparing the total costs.
b. To determine which alternative would yield the lowest total cost for an expected annual volume of 150 boats, calculate the total costs for each alternative at that volume and compare them. Choose the alternative with the lowest total cost.
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Which is the most important decision factor in transportation?
A.capacity
B. Cost
C.capability
D.reliability
Answers
4. For what purposes might a worker need to fill out a Form 4070A?
Answers
Answer:
Employees use Form 4070A to keep track of the tips they receive from customers and report the total to their employer each month. Workers should also record the total amount of tips they paid to other employees and the names of employees to whom the tips were paid.
A very large container ship might hold up to... 20,000 40-foot containers. 30,000 40-foot containers. 1,500 40-foot containers. 3,000 40-foot containers. 9,000 40-foot containers.
Answers
A very large container ship might hold up to 20,000 40-foot containers.
A container ship is a kind of vessel that is specifically designed to transport large quantities of cargo in intermodal containers. A shipping container is a standardized metal container that is used for the safe and effective transport of goods and materials. The container's standardization ensures that it can be efficiently handled and transferred between ships, trucks, trains, and even planes.
A container ship is the most common type of vessel used in maritime transportation. They can carry a large number of containers filled with a variety of products such as food, machinery, electronics, and other goods. The capacity of container ships is frequently measured in TEUs (twenty-foot equivalent units) and FEUs (forty-foot equivalent units). These containers are organized in a variety of configurations, including on deck, in bays, or in cells. The largest container ships are typically over 1,000 feet long, with a width of more than 100 feet. They can transport thousands of containers across the world's oceans, from Asia to Europe, from America to Africa. The answer is 20,000 40-foot containers.
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why is maximum number of person in partnership business mentioned in companies act and not in partnership act
Answers
The Companies Act and the Partnership Act are two different laws that govern different types of businesses.
The companies act and partnership act-The Companies Act governs companies, which are separate legal entities from their owners, while the Partnership Act governs partnerships, which are not separate legal entities from their owners.
The maximum number of persons in a partnership business is not mentioned in the Partnership Act because there is no limit to the number of partners a partnership can have. However, the Companies Act limits the number of members in certain types of companies, such as private companies, to a maximum of 200 members. This is because companies are separate legal entities and the law seeks to regulate their operations to ensure that they operate in a manner that is fair and transparent to all members.
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Culinary Solutions Inc. manufactures cooking and baking equipment and has its base in the country of Vandevar. It has approximately 300 stores across the country and is already active in three foreign countries. It attempts to establish itself in the country of Balalaika, and uses its low-cost strategy to do so. However, due to the additional costs associated with training, coordinating across geographic distances, and other costs associated with doing business in an unfamiliar cultural and economic environment, Culinary Solutions Inc. incurs huge financial losses in Balalaika. In this scenario, Culinary Solutions Inc.'s failure to establish itself successfully in Balalaika occurs most likely because
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Jared has earned 23% of the $52 he needs to buy a new jacket. Find 23% of $52. Which expression can you use to find 23% of 52? .. 23% of $52 is $.. An easy way to check your answer is to use the friendly and divide 52 by to get ..
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52
Explanation:
52 .................
Answer:
23% of 52= 0.23*52=11.96
Explanation:
What three factors that had a negative impact on the financial performances of unibic in its early years?
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Answer:
Price of unibic, preference for other glucose biscuits, and inadequate marketing and branding campaigns had a negative impact on the financial performances of unibic in its early years
Explanation:
The three factors that negatively impacted the financial performances of unibic in its early years were as follows
a) The price of Unibic cookies was higher as compare to its other competitors.
b) During those days, glucose biscuits were preferred as compared to bakery cookies of Unibic
c) Packaging, branding and marketing not as per the public requirement
what is the equivalent annual cost for a project that requires a $40,000 investment at time zero, and a $10,000 annual expense during each of the next 4 years, if the opportunity cost of capital is 10%?
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The equivalent annual cost (EAC) for this project is approximately $14,424.36.
To calculate the EAC, we need to find the present value of the project's cash flows, and then convert that value into an equivalent annual cost.
First, we need to find the present value of the $10,000 annual expenses. Using the present value formula, we can find that the present value of a $10,000 annuity for four years at a discount rate of 10% is $31,719.47.
Next, we need to find the present value of the initial investment of $40,000. This is simply $40,000 in year 0.
Finally, we can add the present values of the annual expenses and the initial investment to find the total present value of the project: $31,719.47 + $40,000 = $71,719.47.
To convert this to an equivalent annual cost, we can use the formula for the annuity payment, which is $14,424.36.
In summary, the EAC for this project is approximately $14,424.36, assuming an opportunity cost of capital of 10%.
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