Suppose each good costs $5 per unit and Megan holds $40. What is the real value of the money she holds?

Mobility Partners makes wheelchairs and other assistive devices. For years it has made the rear wheel assembly for its wheelchai

Vadim26 [7]

Answer:

a. The preparation of schedule that shows the differential costs is shown below:-

b. Decision : Make

Explanation:

Particulars Make the Buy from Differential

Wheels trailblazers cost

Offer of

trailblazer $220,000 $220,000 Higher

(2,000 × $110)

Material cost $50,000 $50,000 Lower

($25 × 2,000)

Labor cost $106,000 $106,000 Lower

($53 × 2,000)

Variable

overhead $32,000 $32,000 Lower

($16 × 2,000)

Fixed

overhead $94,000 $54,000 $40,000 Lower

($47 × 2,000) ($94,000 - $40,000)

Total cost $282,000 $274,000 ($8,000) Lower

Working Note:-

1) Fixed overhead applied = $47 × 2,000 = $94000

Decision : Make

Total saving from accepting the accepting the offer of trailblazer = $8,000

Cost saving required to accept the offer of trailblazer = $10,000

Decision - Make (Since actual savings are less than savings required by $2,000)

5 0

3 years ago

The exhibit shows the breakdown of benefits and costs for a five-person community considering whether to purchase a $5,000 statu

ICE Princess25 [194]

Answer:

B) will; less than

The exhibit shows the breakdown of benefits and costs for a five-person community considering whether to purchase a $5,000 statue of Adam Smith to put in the center of the public square. If simple majority voting determines the outcome, the statue will be purchased, and the total costs are less than the total benefits of the statue.

Explanation:

Attached is the completed question, including the table used for this question;

From the table;

For Milton, Maria and Kenneth the benefits of the statue is more than the cost levied on them(they would be in support)

For Jaime and maynard the benefits of the statue is less than the cost levied on them (not in support)

Since majority voting will determine the outcome, the statue will be purchased (3 in support and 2 against, majority is in support)

Total cost = $5000

Total benefits = $(1525+1315+505+845+1150) = $5340

Therefore, the total cost is less than the total benefits

8 0

3 years ago

____________ is a condition that must be satisfied before a party’s contractual obligation to perform becomes absolute (e.g., Bo

statuscvo [17]

Consent I think is the answer

8 0

3 years ago

April 1 April 30 Raw materials inventory $10,500 $13,500 Work in process inventory 5,350 3,770 Materials purchased in April $98,

Rina8888 [55]

Answer:

cost of goods manufactured= $336,980

Explanation:

<u>First, we need to calculate the direct material used:</u>

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 10,500 + 98,100 - 13,500

Direct material used= $95,100

<u>Now, the cost of goods manufactured:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 5,350 + 95,100 + 80,300 + 160,000 - 3,770

cost of goods manufactured= $336,980

7 0

3 years ago

Joe's starting salary as a mechanical engineer is around $100 comma 000. Joe is planning to place a total of 13% of his salar

Maru [420]

Answer:

$ 2,209,797.96

Explanation:

Given:

Salary = $100,000

Salary investment rate = 13%

Salary increase rate(g) = 5%

number of year = 25

Annual rate of return(i) = 11%

Calculation:

Salary invested = $100,000*13% = $13,000

calculation of present worth

$P=A[\frac{1-(1+g)^n(1+i)^{-n}}{i-g}] \\P=13000[\frac{1-(1+0.05)^{25}(1+0.11)^{-25}}{0.11-0.05}] \\P=13000[\frac{1-(1.05)^{25}(1.11)^{-25}}{0.06}] \\P=13000[\frac{1-(3.386354)(0.073608086)}{0.06}]\\\\P=13000[\frac{1-0.249263}{0.06}]\\\\ P=13000[12.5122827]\\\\\\P= 162,659.675$

$Future worth = P(1+i)^n\\ = 162,659.675(1+0.11)^{25}\\ = 2,209,797.96$

3 0

3 years ago