Answer:
Product A -$5
Product B-$4
Explanation:
Apart from the contribution for products A and B given in the question,the other details are the machine hours required to produce one unit of A and B,which implies that the limited resource is the machine hour provided alongside the contribution
The contribution per unit of limiting factor or resource is computed thus:
Product A Product B
Contribution $10 $12
Limiting resource(hour) 2 3
Contribution/resource(contribution/resource) $5 $4
In other words it would be better to give product preference in production since it has a higher contribution per unit of scarce resource
Answer:
Total cash collections in February are $133600
Explanation:
The collections in the month of February will include 20% of sales made in February in account for cash sales.
Cash sales = 140000 * 0.2 = $28000
Thus, Credit sales for February are = 140000 - 28000 = $112000
Out of these credit sales made in February, 60% will be collected in February. Thus, credit sales made in February that will be collected in February are,
February collections from February credit sales = 112000 * 0.6 = $67200
Total cash collections in February from February sales = 67200 + 28000
Total cash collections in February from February sales = $95200
In addition, out of the credit sales made in January, 40% will be collected in February.
Collection from January sales in February = 120000 * 0.8 * 0.4 = $38400
Total collections in February = 38400 + 95200 = $133600
They dont ask questions about the apartment and its history or whether its close to there job or work place
Answer:
21.28%
Explanation:
Note: <em>Assuming 365 day year</em>
Cost of giving up cash discount = [Discount rate / (1-Discount rate)] * 365 / [Credit period - Discount period]
Cost of giving up cash discount = [0.02/(1-0.02)] * [365/(45-10)]
Cost of giving up cash discount = [0.02/0.98] * [365/35]
Cost of giving up cash discount = 0.0204082 * 10.42857
Cost of giving up cash discount = 0.212828
Cost of giving up cash discount = 21.28%
Answer:
Specific performance
Explanation:
Specific performance is the contract in which the party performs for the specific purpose rather than the general purpose. In this contract, one party is refusing to perform the contract due to some better options or by any other reasons
Examples - in case of real estate properties, antiques, etc.
In the given case, the contract was made for $80,000 but after two days the party deny to perform it as the party got an additional $20,000. So, this is the case of the specific performance.
