Answer:
$2.70 mixing; $4.40 sampling
Explanation:
Mixing:
Cost assigned to one unit = Rate machine hour for mixing * requires machine hours for each unit
Cost assigned to one unit = ($0.90 * 3 machine hours)
Cost assigned to one unit = $2.70
Sampling:
Cost assigned to one unit = Rate test for sampling department * tests requires per unit
Cost assigned to one unit = ($2.20 * 2 tests)
Cost assigned to one unit = $4.40
Answer:
a. $60000
Explanation:
The forecasted sales of the firm = $250000
Breakeven sales of the firm = $190000
We have to find the margin of safety by using the above given information. Therefore, it can be determined by subtracting the breakeven sales from sales.
The margin of safety = sales – breakeven sales
The margin of safety = 250000 – 190000
The margin of safety = $60000
Thus, option A is correct.
Being an entrepreneur can be very stressful and sometimes seem like you may not reach your goal. Optimism can calm you down to make the decision that is better over time rather than rushing into a bad decision that seems good.
Answer:
The answer is option (D) $20,072.00
Explanation:
The total cost to lease a car will involve all associated costs of leasing the car. This can be expressed as;
Total lease cost=security deposit+monthly lease payment+opportunity cost+end-of-lease charges
where;
security deposit=$320
monthly lease payment=$320
total lease payment=320×12×5=$19,200
opportunity cost=320×5×0.02=$32
end-of-lease charges=$520
replacing;
Total lease cost=(320+19,200+32+520)=$20,072.00
Cost to lease a car=$20,072.00
Answer:
The correct answer is: <u>Mixed economy</u>.
Explanation:
To begin with, the term of mixed economy is used to describe an economic system whose characteristics are elements from both market economies and planned economies. Moreover, this system includes a combination of the elements of the other two, such as free market with state interventionism or private enterprise with public enterprise as well too. In addition, this type of economy focuses in the predominance of private ownership of the means of production with profit-seeking enterprise and the accumulation of capital as its fundamental driving force.