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Komok [63]
4 years ago
8

Johnson Construction Company uses cost-plus pricing to determine costs and place bids on local jobs. The manager needs to comput

e the cost-plus price to place a bid on a custom room addition job. The estimated cost associated with the new room addition is $500,000. The markup on the project cost is 35%.What is the cost-plus price required to bid on the new custom room addition job?
Business
1 answer:
Orlov [11]4 years ago
5 0

Answer:

What is the cost-plus price required to bid on the new custom room addition job?

$675000

Explanation:

Cost plus pricing=break even price*profit marginal goal

Cost plus pricing=500000*1,35

Cost Plus pricing=675000

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Organizations are using social computing in which of the following functions?
Anarel [89]

Answer:

D) All of these

Explanation:

Social computing is related to Computer Science. It however, looks at the intersection or link that exists between computational systems and social behavior. <u>Social Computing specifically observes human or social behavior and used the data gathered to design systems, software and environments that can interact socially with humans</u>. The objective of this design is to make information on several areas available to people and also allow for adequate interactions.

Social computing is everywhere, from the e-mails to the use of the social media, advertisements and use of blogs among several others. Social computing therefore is not just used by organisations for only a single function but it is now integrated into most if not all the functions of businesses.

For instance, social networks and blogs are currently being used for marketing. Customer needs can be tailored based on their cookies from their browsers and then relevant sales or product information can be sent to individual customers based on preferences. This is Customer Relationship Management. Finally, It is easier to recruit now and check the status of individual employee or potential employee on social sites, send them emails as well as instant messages.

3 0
4 years ago
Critically analyze the difference and points of convergence between floor inspection and functional inspection
r-ruslan [8.4K]

Answer:

Please refer to the below;

Explanation:

Difference between Floor inspection and Functional inspection.

• Floor inspection is usually conducted in a production environment. It involves checking of materials while processing in the machine by inspectors. Rather than checking the materials in the machine at the beginning of production, floor inspection checks the materials while in process inorder to ensure that the defected ones are quickly detected and expunged. It also ensure that the equipments used in processing are properly functioning.

• Functional inspection is an inspection that checks the overall function of a product rather than what makes up the component parts. For instance the load capacity and speed of a vehicle can be checked for optimal performance whereas individual parts that make up the vehicle are not checked, yet bring out satisfactory performance when combined together. This form of inspection is concerned with verification of final output and does not provide details about different sections instead provides a wider understanding of comfort that emanate from inspecting same item.

Points of Convergence between Floor inspection and Functional inspection.

• The key objective of both floor and functional inspection is quality output having reviewed and examined their expectations.

• Both floor and functional inspection work to prevent defective product from flowing down the successive operations and avoid loss to the company

• Both floor and functional inspection aim at meeting customers requirements, wants and needs.

4 0
4 years ago
An internal revenue oversight board survey found that 82% of taxpayers said that it was very important for the internal revenue
givi [52]

The problem is missing the main question.

The main question is: what is the probability that at least six taxpayers in a sample of 8 say that it is very significant to safeguard that high-income tax payers do not swindle on their tax returns? Use the binomial distribution probability function.

Solution:

Let X be the number of taxpayers say that it is very significant to safeguard that high-income tax payers do not swindle on their tax returns.


X ~ (n = 8, p = 0.82)
P (at least six taxpayers)

= P (X ≥ 6)
= 1 – P(X ≤ 5)
= 1 – 0.1608
= 0.8392 is the answer

3 0
4 years ago
Wall Street financial services firms and banks rewarded employees for developing "innovative" new financial investment vehicles
Nataly [62]

Answer:

Incentive plans

Explanation:

Incentive plans are strategies in which representatives of an association are kept persuaded for the work that they do, and are given motivators on coming to or achieving certain association objectives. The motivator plans can be for lower level workers, center administration and senior administration.  

It is the apparatus utilized by entrepreneurs to empower, perceive and reward uncommon execution in their workers.

6 0
4 years ago
JorDANTHE GOD HOW ARE U
skad [1K]

Answer:

uhm- hi

Explanation:

thxs for the points....

6 0
3 years ago
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