Answer:
George buys 5 bags of cookies each month
Explanation:
Given
(per gallon)
(per bag)
Required
Determine the number of bags of cookies he buys
First, we need to determine the marginal utility of cookies
To solve this, we make use of the following formula:
Substitute values for
<em>MU of Milk = 4</em>
<em>Cost of Milk = 2</em>
<em>Cost of Cookies = 4</em>
<em />
This gives:
From the given table:
The corresponding bags of cookies for marginal utility of 4 is 5
Hence:
George buys 5 bags
The personal property items that have the HIGHEST specific limitation on coverage are jewelry, watches, and precious stones or metals because they are saved in a location, especially in banks
<h3 /><h3>The properties having HIGHEST specific limitation on coverage.</h3>
A limit is the highest amount your insurer will pay for a claim that your insurance policy covers.
Some of these specific limits apply to a building or personal property at a single location.
From the listed option, the personal property items that have the HIGHEST specific limitation on coverage are jewelry, watches, and precious stones or metals because they are saved in a location, especially in banks
Learn more on specific limitations on coverage here: brainly.com/question/27015627
Answer:
The fixed overhead production-volume variance is $9,000 U
Explanation:
In this question, we are tasked with calculating the fixed overhead production-volume variance.
We start by calculating the fixed overhead applied to production.
mathematically that is equal to : 54,000 * 0.03 * 50 = 81,000
The budgeted fixed overhead = 90,000
Mathematically,
Fixed overhead production-volume variance = Budgeted fixed overhead - fixed overhead applied to production = 90,000 - 81,000 = $9,000 U
Answer:
Sally (the buyer) should pay $865.58 and the seller should pay $368.42.
Explanation:
First we must determine property taxes per day = $1,234 / 365 = $3.38 per day
The seller is responsible for the property taxes until the closing date = 31 days for January + 28 days for February + 31 days for March + 19 days for April = 109 days x $3.38 per day = $368.42
Sally would be responsible for the remaining taxes = $1,234 - $368.42 = $865.58
