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2 years ago

Given the $300 cost per person of each public good, what are adams’ net benefits for each public good individually?

1 answer:

7 0

The net benefits of each public good will be the total cost of the project minus the $300 cost per person. If the project costs 600$ the net benefits for each public good will be $300. $600(total cost) - $300(cost per person) = $300(net benefits)

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lanier company manufactures expensive watch cases sold as souvenirs. three of itssales departments are retail sales, wh

Nataly [62]

Mary Gammel's responsibility in the firm is to monitor the results of profit center because it is the key driver of the total results of the company.

<h3>What is Mary Gammel position?</h3>

She is a manager in the retail sales department which is a profit center in the firm because it is saddles with role of supervising the team of sales representatives who works with customers.

Hence, Mary Gammel's role is to monitor the results of profit center because it is the key driver of the total results of the company.

Missing words "Mary Gammel is a manager in the Retail Sales Department. Determine what should be included in the responsibility report of the manager"

Read more about retail sales department

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1 year ago

Which rule would apply if an agent knows an applicant is going to cash in an old policy and use the funds to purchase new insura

ELEN [110]

Replacement rule would apply if an agent knows an applicant is going to cash in an old policy and use the funds to purchase new insurance.

Insurance refers to a type of risk management in which the insurer provides the insured with protection from risks of all kinds - financial, health, accidental, etc.

The insured is also called the policyholder, and he makes a payment called premium to be insured. If the specified event for which the insurance cover is provided takes place, the insurer is bound to compensate the insured financially.

A replacement rule delineates the process in which the premium payments on existing policy is discontinued or forfeited, and a new policy is purchased.

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1 year ago

Generally when do glaciers advance downward, causing further erosional landforms? throughout the entire year during colder seaso

melamori03 [73]

Generally, it is during the colder seasons that glaciers tend to advance downward, causing further erosional landforms. Items below are facts regarding Glaciers according from the National Oceanic and Atmospheric Administration (NOAA) who studies the skies and the oceans:

1. Approximately 10 percent of Earth's land is covered with glaciers.

2. Glaciers covered 32 percent of land during the last Ice Age.

3. Glaciers store about 75 percent of the world's fresh water.

4. Antarctic ice is more than 2.6 miles approximately 4,200 meters thick in some areas.

5. If all land ice melted, sea level would rise approximately 230 feet (70 meters) worldwide.

4 0

2 years ago

Adjusting factory overhead LO P4

irga5000 [103]

Answer:

26,500 Under applied

Explanation:

Lock-Tite Company

Actual Factory Overhead 215,000

Factory overhead Indirect materials 15,000

Indirect labor 80,000

Other overhead costs 120,000

Direct Labor = 345,000

Predetermined Overhead = 70% of $ 345,000= $ 241,500

Actual Overhead = $ 215,000

Difference = Predetermined Overhead - Actual Overhead

= 241,500- $ 215,000= 26,500 Under applied

We find the difference between actual overhead and applied overhead to find the underapplied ( overapplied overhead. If the actual overhead is less than applied overhead it is underapplied. But if the actual overhead is greater than applied overhead it is over applied.

Raw materials Opening $ 43,000

Add Materials Purchases 195000 ( 210,000 - 15000)

Less Raw materials Closing $ 52,000

Direct Materials Used 186,000

Direct Labor 345,000

FOH 215,000

Total Manufacturing Costs 746,000

Add Work in process Opening 10,200

Less Work in process Closing 21,300

Add Finished goods Opening 63,000

Less Finished goods Closing 35,600

Cost Of Goods Sold 762,300

8 0

2 years ago

Cox Electric makes electronic components and has estimated the following for a new design of one of its products:

vfiekz [6]

Answer:

a) attached below

b) P( profit ) = TR(q) - TC(q)

c) attached below

d) -$5000 ( loss )

Explanation:

Given data:

Fixed Cost = $10,000

Material cost per unit = $0.15

Labor cost per unit = $0.10

Revenue per unit = $0.65

a) Influence diagram to calculate profit

attached below

b) derive a mathematical model for calculating profit.

VC = variable cost per unit , LC = per unit labor cost , MC = per unit marginal cost, TC = Total cost of manufacturing , FC = Fixed cost, q = quantity, TR = Total revenue, R = revenue per unit

VC = LC + MC

TC (q) = FC + ( VC * q )

TR (q) = R * q

P( profit ) = TR(q) - TC(q) ------------ ( 1 )

c) attached below

d) If Cox Electrics makes 12,000 units of the new product

The resulting profit = -$5000

q = 12

P = TR ( q ) - TC ( q )

= ( R * q ) - ( Fc + ( Vc * q ) )

= ( 0.65 * 12000 ) - ( 10,000 + ( 0.25 * 12000 )

= -$5200

3 0

2 years ago