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FrozenT [24]
3 years ago
6

Mankus Inc. is considering using stocks of an old raw material in a special project. The special project would require all 120 k

ilograms of the raw material that are in stock and that originally cost the company $816 in total. If the company were to buy new supplies of this raw material on the open market, it would cost $7.25 per kilogram. However, the company has no other use for this raw material and would sell it at the discounted price of $6.75 per kilogram if it were not used in the special project. The sale of the raw material would involve delivery to the purchaser at a total cost of $50 for all 120 kilograms. What is the relevant cost of the 120 kilograms of the raw material when deciding whether to proceed with the special project? Multiple Choice $810 $870 $760 $816
Business
1 answer:
Digiron [165]3 years ago
5 0

Answer:

$760

Explanation:

The computation of the relevant cost is shown below:

= Discounted price per kilogram × number of kilograms - delivery cost  

= $6.75 × 120 kilograms - $50

= $810 - $50

= $760

The delivery cost is already involved in the total cost. So, we have to deduct it to find out accurate relevant cost . The other information which is given is not relevant. So, we ignored it

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Which of the following best describes the purpose of making an investment
LUCKY_DIMON [66]

Answer:

b.) to use money to make more money

Explanation:

<em>The correct reason for making investments would be </em><em>to use money to make more more money.</em>

<u>A financial investment represents the act of allocating money to a process or an item in order to reap profit or generate income in the short term, the long term, or both. </u>

An investment can be in the form of purchased goods or services that can later be sold at a higher amount. It can also be an item or service that will be yielding immediate income while preserving all or parts of its original value.

The money made on an investment is referred to as gains o returns.

<em>The correct option is </em><em>b</em><em>.</em>

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3 years ago
A merchant purchased a jacket for $60 and then determined a selling price that equaled the purchase price of the jacket plus a m
JulsSmile [24]

Answer:

Gross profit will be $4

Explanation:

We have given that merchant purchased a jacket for $60

So purchased price = $60

Let the markup price is x

Now according to question selling price = x+60

Now it is given that marked up price is 25 % of the selling price

So x=(x+60)\times \frac{25}{100}

X = 20

So selling price = 60+20 =80

Now there is discount of 20%

So price after discount = 80-\frac{80\times 20}{100}=$64

So gross profit = $64 -$60 = 4

7 0
3 years ago
Jing-Sheng facilitated a hiring committee for his advertising company. Six employees (including two managers) met together to di
Ganezh [65]

Answer:

Option (D) Participative Leadership

Explanation:

Because Participative leadership is a managerial style that invites input from employees on all or most company decisions. The staff is given pertinent information regarding company issues, and a majority vote determines the course of action the company will take.

3 0
3 years ago
Read 2 more answers
Consider the following time series data.
d1i1m1o1n [39]
You answer should be c
4 0
3 years ago
Given a double variable named total with a value of 62.5 and an integer variable named quantity with a value of 4, what will the
MAXImum [283]

Answer:

The value of price is $15.625

Explanation:

In the question, the formula is given for computing the value of the price.

The calculation is shown below:

Here, the total value would be 62.5 and the integer variable quantity is 4, so we easily compute the value of price

Price = Total ÷ Quantity

        = 62.5 ÷ 4

        = $15.625

The quantity should be expressed in units or some other measurement value, the price should be a dollar or any other monetary units.

3 0
3 years ago
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