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1 year ago

Arded

1 answer:

6 0

The total amount of the costs listed above that are NOT direct costs of the Brentwood Stores equals to $157,000.

<h3>What are direct cost?</h3>

This refers to the price that can be directly tied to the production of specific goods or services.

The non- direct costs of the Brentwood Store includes:

Corporate legal office salaries
Corporate headquarters building lease
Central warehouse lease cost

Hence, the Costs that are not direct costs of the Brentwood Store = Corporate legal office salaries + Corporate headquarters building lease + Central warehouse lease cost

= $68,000 + $86,000 + $3,000

= $157,000

Therefore, the total amount of the costs listed above that are NOT direct costs of the Brentwood Stores equals to $157,000.

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T. Dole invests cash and land into an existing partnership. The cash invested is $30,000 and the land has a fair market value of

bekas [8.4K]

The journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of $90,000.

<h3>What journal entries?</h3>

A journal entry is an act of keeping or producing records of any economic or non-economic transaction.
An accounting journal, which shows a company's debit and credit balances, records transactions.
The journal entry can be made up of multiple records, each of which is either a debit or a credit.
Otherwise, the journal entry is termed unbalanced if the sum of the debits does not equal the total of the credits.

So, the journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of cash invested, and the fair market value.

30,000 + 60,000 = $90,000

Therefore, the journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of $90,000.

Know more about journal entries here:

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The complete question:

T. Dole invests cash and land into an existing partnership. The cash invested is $30,000 and the land has a fair market value of $60,000. The journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of $ ______.

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1 year ago

Finding out how a product or service will do in a certain market is an example of this use of market research: identify if commu

Veseljchak [2.6K]

Answer:

identify value

Explanation:

Finding out how a product or service will do in a certain market is an example of this "IDENTIFY VALUE" market research. This will help the producers understand and know what the consumers want and the degree of value they placed on their products.

identify if communications are effective is used determine who the consumers are and the type of media preferred.

identify if consumer needs are being met is used to determine what customers like or dislike about a product or service.

identify threats and investigate the competition is used to determine changes in consumer preferences and competition

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3 years ago

Daniel derives utility from only two goods, cake (Qc) and donuts (Qd). The marginal utility that Daniel receives from cake (MUc)

Agata [3.3K]

Answer:

240= 3Qc + 3Qd

Explanation:

The computation of the Daniel's budget constraint is shown below;

Given that

Daniel's income= $240

Price of cake (Pc) =$3

Price of donuts (Pd) =$3

So spending on cake = 3Qc

And,

Spending on donut= 3Qd

Finally

Total spending = 3Qc + 3Qd

Now the equation of budget constraint is

Income= (quantity of cake)(price of cake) + ( quantity of donut)(price of donut)

So,

Income= Qc Pc+ Qd Pd

240= 3Qc + 3Qd

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2 years ago

The Sea Wharf Restaurant would like to determine the best way to allocate a monthly advertising budget of $2,000 between newspap

Art [367]

Answer:

Explanation is given below

Explanation:

Given that, the total budget for the media is only $1,000 per month.

For the allocation, each type of media would get at least 25% of the budget.

Hence, from the available information, we have the following:

Parameters:

$1000 = Monthly advertising budget

25%= Minimum spending for each type of media

50 = Value of the index for local newspaper advertising

80= Value of the index for spot radio advertising

Decision variables;

x1= Newspaper advertising budget

x2= Radio advertising budget

LP Model;

Maximize Z=50x1+ 80x2

Subject to:x1+ x2≤1000

x1≥ 250

x2≥ 250

x1,x2≥ 0

p.s. OptimumZ=72, 500,

x1=250,

x2=750

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3 years ago

A store has been selling 100 DVD burners a week at $450 each. A market survey indicates that for each $30 rebate offered to buye

Ivanshal [37]

Answer:

a rebate of 200 dollars will generate 500 sales

with a revenue of 125,000

Explanation:

We need to maximize the total revenue which is:

TR = Price x Quantity. First we define each of these:

P = (450 - 30X)

Q = (100 + 60X)

Being X the cash rebate

We now replace this into the TR formula:

TR = P x Q = (450 -30X) (100 + 60X)

TR = -1800x2 +27,000x -3,000x + 45,000

TR = -1800x2 +24,000x + 45,000

as this is a quadratic function: a: -1,800 b = 24,000 c = 45,000

the maximum revenue will be at the vertex: -b/2a

-24,000/2(-1,800) = 6.67

now we multiply by 30: 6.67 x30 = 200 dollars

which bring 60 x 6.67 = 400 new customers

250 x (100 +400) = 250 x 500 = 125,000

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3 years ago