Answer:Delivered price=$1,814
Explanation:
List Price = $4,000
Trade discount = 55%
Price after discount = $4,000 - 55% x $4000
$4000- $2,200 = $1,800
if Levin pays within 10 days he will have a discount of 2 %, which he did
Therefore 2% x $1800 = $36
Delivered price = $1800 -$36+ freight charges ( shipping)
$1800 -$36 + $50=$1814
Answer:
one goat cost = $1350
Explanation:
let
cow represent x
Goat represent Y
4x + 9y = $50,150
9x + 4y = ($50,150 +$ 40750 = $91,900
4x + 9y = 50,150 ________(1)
9x + 4y = (50,150 + 40750) _______(2)
Add eqn 1 and eqn 2
13x + 13y = 141050
(divide both side by 13)
x + y = 10850 ________(3)
Subract eqn 1 and eqn 2
-5x + 5y = -40750
x - y = 8150 _________(4)
Make x subject of formula in eqn 4
x = 8150 + y
substitute x = 8150 + y in eqn 3
8150 + y + y = 10850
8150 + 2y = 10850
2y = 10850 - 8150
2y = 2700
y = 1350
subtitute for y = 1350 in eqn 3
x + y = 10850
x = 10850 - y
x = 10850 - 1350
x = 9500
Cow cost $9500
Goat cost $1350
Answer:
The actual price was $0.2 lower than the standard price.
Explanation:
Giving the following information:
A company purchases 20,000 pounds of materials. The materials price variance is $4,000 favorable.
<u>To calculate the direct material price difference, we need to use the following formula:</u>
Direct material price variance= (standard price - actual price)*actual quantity
4,000 = (direct material price difference)*20,000
$0.2= direct material price difference
The actual price was $0.2 lower than the standard price.
The cisco share because you have made a profit from it
Answer:
A. Bill chooses to pursue a risky investment for the company's funds because his compensation will substantially rise if it succeeds.
Explanation:
An agency conflict problem usually arises when the agent (managers) do not act in the best interest of his principals (e.g. shareholders) usually because of selfish interests of the agent (manager).
I hope my answer helps you