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3 years ago

Jake has decided to specialize in working with clients who purchase schools. What property type will he be dealing with?

1 answer:

8 0

The type of property that Jack will be dealing with is special-purpose real estate that includes churches, schools, cemeteries, and government-held lands.

<h3>What is real estate?</h3>

Real estate refers to assets including land and the homes on it, at the side of its natural assets inclusive of crops, minerals, or water; immovable assets of this nature; an interest vested on this object of actual assets, homes, or housing in general.

Hence, The type of property that Jack will be dealing with is special-purpose real estate that includes churches, schools, cemeteries, and government-held lands.

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What determines the value of an item?

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Answer:

the resources consumed in production

Explanation: answer for ed2020

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11. Using a hypothetical but specific example, explain how the perceived value of an item may differ from person to person.

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Aperson with better financial ability would have a less perceived value than someone with lesser financial ability. For example, a celebrity could buy a piece of clothing (jeans,shirts, jackets, etc.) for $100 and it would be nothing to them. But to someone working a regular 9 to 5 job, that would be an excessive amount of money to spend on one piece of clothing.

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3 years ago

Peter Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses

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Answer:

1. Hourly Direct Labor Cost rate = Direct Labor cost / Direct Labor hours

Hourly Direct Labor Cost rate = 2,500,000 / 25,000

Hourly Direct Labor Cost rate = $100 per hour

Computation of Indirect cost

Office Rent $320,000

Support staff salaries $1,260,000

Utilities $420,000

Total Indirect Costs $2,000,000

Predetermined indirect cost allocation rate = = Total Estimated indirect cost / Total estimated direct labor cost = 2,000,000 / 2,500,000 = 80% of Direct Cost

2. Direct Labor $25,000 (250 * 100)

Indirect Cost $20,000 (25,000 * 80%)

Total Predicted cost $45,000

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4 years ago

Price discrimination is not viable if consumers can resell the products they purchase. true or false

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Answer:
True

Explanation:

A price discriminating monopolist will set a higher price where demand is more elastic and a lower price where demand is less elastic.

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1 year ago

Zeke Company sells 25,000 units at $21 per unit. Variable costs are $10 per unit, and fixed costs are $75,000. The contribution

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Answer:

A. 52% and $11 per unit

Explanation:

The contribution margin ratio is a measure of how much of a business revenue is available for covering its variable expenses. It also reveals how much is left to cover its fixed cost. The contribution margin is the unit income generated from each product sold. To calculate contribution margin ratio we divide contribution margin by sales. i.e

Contribution margin ratio = (contribution margin)/sales

Contribution margin = (sales - variable expenses)/sales

contribution margin = (selling price - average variable cost)/ selling price

Since selling price is $21 and average variable cost is $10

contribution margin = (21 - 10)/21

= 11/21

=52.38% or 0.5238

Contribution margin = $21 - $10

= $11

thus, A. 52% and $11 per unit is the answer.

variable cost per unit also means average variable cost.

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