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umka2103 [35]
3 years ago
7

Let the equation c = 2.32 n + 34,180 represent the cost of raising a child, c, on an income, n. if the corlone family has an inc

ome of $40,000 annually, what is the expect cost of raising a child?
Business
1 answer:
Elza [17]3 years ago
3 0

Since the equation C = 2.32N + 34,180 where C is the cost of raising a child and N is the income. So, if the Corlone family has an income of $40,000, you use the value of N to solve for C:

C = 2.32(40,000) + 34,180

C = 92,800 + 34,180

C = $126,980

Answer: C = $126,980

Credit to: @MsRay

+ = <3

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6 0
3 years ago
Arkansas Corporation manufactures liquid chemicals A and B from a joint process. It allocates joint costs on the basis of sales
Dvinal [7]

Answer:

The company's cost to produce 1,000 gallons of product B is $7,131.25.

Explanation:

This can be calculatd as follows:

Product B share of joint cost = (Product B sales value / (Product B sales value + Product A sales value)) * Cost to split-off point = ($32.20 / ($32.20 + $3.00)) * $5,500 = 0.914772727272727 * $5,500 = 5,031.25

Product B total additional separable process beyond split-off = Additional cost per gallon * Number of gallons of product B produced = $2.10 * 1,000 = $2,100

Therefore, we have:

Company's cost to produce 1,000 gallons of product B = Product B share of joint cost + Product B total additional separable process beyond split-off = 5,031.25 + $2,100 = $7,131.25

Therefore, the company's cost to produce 1,000 gallons of product B is $7,131.25.

4 0
3 years ago
Assuming the Sporty line is discontinued, total fixed costs remain unchanged, and the space formerly used to produce the Sporty
Svetllana [295]

Answer:

c. Increase of $192,500

Explanation:

Note: The full question is attached

Particulars                 Luxury Amount$

Sales                                $950,000

(380000*250/100)

Less: Variable cost          $612,500

(245000*250/100 )          <u>                   </u>

Total contribution            $337,500

Less: Fixed expenses      <u>$80,000  </u>

Net Operating Income    <u>$257,500</u>

Change in Operating Income = New Profit - Existing profit = $257,500 - $65,000   = $192,500

Hence, there is an increase of $192,500

8 0
3 years ago
Cross references should be prepared for business names when
Paraphin [41]
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6 0
3 years ago
A market where prices reflect all available public information is _____.
Alexxandr [17]

Answer:

The correct answer is:

b.) semistrong form efficient

Explanation:

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There are three versions of an efficient market hypothesis:

1. strong form efficient: This version states that all information - both information available to the public, and those not publicly known - is completely accounted for in stock prices, and there is no information type that can give an investor an advantage in the stock market.

2. semi-strong efficient: This version believes that only information readily available to the public can be used to factor prices and that changes in prices to new equilibrium levels are a product of this public information.

3. weak form efficient: This version assumes that current stock prices reflect all security market information. It contends that past price and volume data have no relationship to the direction or level of security prices. It concludes that excess returns cannot be achieved using technical analysis.

6 0
3 years ago
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