Answer:
A) 197it was founded in new York City
Answer:
Explanation:
1. Wood used in the production of furniture is a variable cost
2. Fuel used in delivery trucks is variable cost
3. Straight Line depreciation on factory building is a Fixed cost
4. Screws used in production is a Variable cost
5. Sales staff Salaries is a Fixed cost
6.Sales commissions Variable
7.Property taxes Fixed
8. Insurance on buildings Fixed
9. Hourly wages of Furniture is Variable
10. Salaries of factory supervisrors is Fixed cost
11. Utillities is Mixed cost
12. Telephone bill is a Mixed cost
Answer:
Expected value = $550
Explanation:
Expected value = Sales price of policy - policy holder price - Average policy payment - expected claim
Expected value = 1,000 - 10,000[1/250] - 25,000[1/100] - 60,000[1/250]
Expected value = 1,000 - 40 - 250 - 240
Expected value = 1,000 - 450
Expected value = $550
Answer:
d) $6,000, -$6,000
Explanation:
Accounting profit = total revenue - explicit costs
=6000 x 2.5-9000 = $6000
Economic profit = accounting profit - interest on capital invested
=6000 - 400000 x 0.03
=$-6000
What new laws to the New York factory investigating commissions request check all that apply
1. no factory workers under age 10
3. a minimum wage for all workers
4. increased sanitation standards
