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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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abruzzese [7]

Answer:

accounting is a process of analysis and summarising business and financial transactions and verifying the reporting the results...

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7 0
2 years ago
How do people become successful as a real estate developer?​
Roman55 [17]

Hello there!

A real estate developer job is to get houses to sell them, get land to build houses and sell them, and get previous owned houses and sell them. They pretty much get property and sell it. As a real estate developer, the main goal that someone should have is to <u>make more money than they paid for the property</u>. This means that they would need to be making profit in order to really see a progress in income.

Let's give you an example when a real estate developer buys a house:

Johan, a real estate developer, bought a house $275,000. He then goes on a website and advertises the house for $285,000.

What Johan is trying to do here is make profit form the house he just purchased, since the extra money he will be getting if the house is sold will be a surplus to the original amount.

Let's give you an example when a real estate developer buys land:

Susan buys 1 acre of land for $1.2 million, she then has a construction crew build a house, and that costed her $750,000.

At the end of the day, Susan spent $1.95 million (1,950,000) on the house in total.

She then sells the house on a website for $2.5 million (2,500,000).

This means that Susan made a surplus of $550,000 from the price she originally payed for.

It's best when a real estate developer sells property for more than what they payed for, so they would be making profit (extra money). It's bad when a real estate developer tries to sell a house for lower than they originally payed for, then they would be losing money. That's why when there is a specific price for a house, a real estate developer usually doesn't want to drop the price of the house any cheaper; they want to stick with their price so they could make money.

A real estate developer could also start their own company, and make more profit if they stick to the trick of selling the property for more than what they paid for. If they stick to the trick, then they would be making even more money since they would have multiple people in a company doing it all at once, in different places too.

4 0
3 years ago
To enable remarketing in Google Analytics, what must first be enabled? A) Advertising Reporting Features B) Demographics and Int
Sauron [17]

Answer:

A. Advertising Reporting features and

C, Google Ads or display & video 360 account.

Explanation:

To enable re-marketing of google analytics, the first thing to enable is the advertising reporting features. This can be done by modifying your property settings or tracking code. This allows analytics to collect more information on web activity.  

Google Ads or display is a way of advertising online to increase one's  marketing efforts while video 360 account is a tool that assists creative or media or advertisement teams to successfully advertise.

I hope this helps.  

7 0
3 years ago
Within a PPF framework, explain each of the following: (a) a disagreement between a person who favors more domes-tic welfare spe
arsen [322]

Answer:

A. Movement on the PPC

B. Rightwards / Outwards shift of PPC

C. Less Concavity of PPC

Explanation:

Production Possibility Curve is combination of two goods that an economy can produce, given resources & technology (efficient utilisation).

  • It is a downward sloping curve as more of one good can be produced by sacrifising other good, same resources & technology.
  • It is concave curve because of increasing marginal opportunity cost, i.e increasing amounts of a good to be sacrifised to gain additional amount of other good, as resources are not equally efficient in production of both goods.
  • Points on PPC reflect full utilisation, points under PPC reflect under utilisation, points above PPC are unattainable.

a) A disagreement between persons favouring more domestic welfare spending or national welfare spending : Is just an issue of reallocation of same resources, technology. So, PPC doesn't change & there can only be movement on the PPC (more of one good, less of other good)

b) An increase in population : leads to increase in human resource & hence the PPC shifts outwards / rightwards as the production potential of economy rise with more human resource.

c) Technological change that make resources less specialised : would reduce resources' efficiency gap in production of two goods. So, Marginal Opportunity cost reduces & hence the PPC becomes less concave.

6 0
3 years ago
PLEASE HELP!
vesna_86 [32]
I would say the third sentence. Proper planning and supervision is of utmost importance while catering to the client. I say this because the word diligence means, careful and persistent work or effort. This shows that the work is carefully planned. That's my opinion and not a fact so don't trust this unless my reasoning convinces you.
7 0
3 years ago
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