B.
You must simply follow your equilibrium point. If the new demand curve is at D2, then you find the new intersection formed by D2 and S1.
Answer: She is not.
Explanation:
It would seem as though that Mary got into a type of contract known as an Option Contract or more precisely, a Call Option Contract simply called a Call.
In this type on contract, a seller gives a buyer the right to buy a good or service at a certain price within a set period.
Mary agreed to sell the rare Chinese Art for a certain amount which Mike could not pay but she promised to give him 3 weeks to take it within which he can pay and collect the item.
Mike returned in 2 weeks which was within the range of time allowed and so she should have kept the offer open for the time she said she would.
She is wrong to believe that all she owes him is his down payment. She broke a contract.
Answer:
The correct option is D, savings of $12000
Explanation:
The first year financial impact of hiring outside company for grounds maintenance can be calculated by examining relevant costs for both alternatives.
Relevant costs to the University of handling the maintenance is given as;
Salary of full-time gardeners $295,000
Plant materials $80000
Fertilizer $9000
Fuel <u>$8000</u>
Total relevant costs <u>$392000</u>
The relevant costs of outsourcing the services is given below:
Mackin services $410000
Proceeds from disposal of equipment (<u>$30000)</u>
Relevant costs <u> $380000</u>
The savings by choosing the latter is $12000( $392000-$380000)
Please note the cost of equipment is not a relevant cost as it is a sunk cost.
Answer: Option (C) is correct.
Explanation:
It is the income of the company that is generated from the sales of goods and services or other asset or capital that is used, all of these are associated with the main operation of the companies. This is the income before any deduction of cost or expenses of the company.
Revenue is shown in the profit and loss account and to arrive at the net income then we have to subtract all the costs, charges or expenses from the revenue.
Answer:
Instructions are listed below
Explanation:
We are provided with the following information:
Unitary manufacturing cost= 6.85 + 11.74 + 3.42= $22
Outsource circuit board:
$4.50 per circuit board
-20% direct material
-15% direct labor
A) Unitary cellphone cost= (6.85*0.80)+(11.74*0.85)+ 3.42 + 4.5= $23.38
B) The company shouldn't accept the supplier's offer because it increases its costs.
C) The maximum price will be the one that equals in house production cost with outsourcing cost.
22= (6.85*0.80)+(11.74*0.85)+ 3.42 + Price
Price= 22- (6.85*0.80) - (11.74*0.85) - 3.42
Price= $3.12
