The Chavez family has two options when applying a house loan for 30 years which is amounting to $250,000. First, the will not take the points with a monthly payment of $1580 while if they take the points, they will have a monthly payment of $1560. What they did was they did not buy the points and the reason for this was they are planning to sell the house after 5 years.
The management style Infotech most likely is applying is theory Z.
This theory was proposed by Dr. William Ouchi, and it was based on the Japanese principles of management, thanks to the boom of Asian economy in the 1980s. By giving the employees a lot of incentives, as well as responsibility for their work, productivity and morale are increased.
Answer:
Direct Labour Cost per Equivalent Unit = $0.17
Explanation:
Cost per Equivalent Unit = Total Cost / Total Equivalent Units
Total Direct Labor Cost = $24,000
Total Equivalent Units = 127,500 + 40,000 x 25% = 137,000
Cost per Equivalent Unit = $24,000 / 137,500 = $0.17
Remember:
In the weighted average method, the units in beginning inventory are treated as if they had no work done in them at all. They are included with all the other units completed in the period.
Answer:
Anne should increase the order quantity to 162 units, that way the company will save $154 per year.
Explanation:
economic order quantity (EOQ) = √(2SD / H)
- order cost = $35
- holding cost per unit = $8
- annual demand = 3,000 units
EOQ = √[(2 x $35 x 3,000) / $8] = 162 units
total order cost per year = order costs x number of orders = $35 x (3,000 / 100) = $35 x 30 = 1,050
holding costs per year = average inventory x holding cost = 50 x $8 = $400
if EOQ is used:
order cost per year = (3,000 / 162) x $35 = $648
holding cost per year = 81 x $8 = $648
total savings = ($1,050 + $400) - ($648 + $648) = $154
Answer:
Explanation:
✓Performance Risk
1)Could Damage Career
2)All the same
✓Financial Risk ( risks that could be attributed to finance, i.e money)
1)Tight budget
2)Expensive Service
✓Psychological Risk
1)Unimportant
2)Personal Image
✓Internal vs External ( ways to get access to information)
1)Salon of Convenience
2)Salon of Choice
✓Benefits vs Costs
1)Worth the Money
2)Effortless