1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hoa [83]
3 years ago
6

Chester's turnover rate for this year is 6.29%. This rate is projected to remain the same next year and no further downsizing wi

ll occur from automating. Chester plans to spend an additional $500 beyond the extra amount above the $1000 recruiting base it spent this year. The goal of this additional investment is to improve the quality of applicants.
Required:
(A) What would the total recruiting cost be for Chester next year?
Business
1 answer:
SpyIntel [72]3 years ago
3 0

Answer:

$219,096

Explanation:

Additional amount = 1000 + 500*4 = $3000

Total amount = 3000*80 =$240,000

Increase in cost = $240,000*0.0629

= $15,096

Total recruiting cost next year = $204,000 + $15,096 = $219,096

Therefore the total recruiting cost be for Chester next year is $219,096

You might be interested in
Wang Co. manufactures and sells a single product that sells for $640 per unit; variable costs are $352 per unit. Annual fixed co
yarga [219]

Answer:

The correct answer is 45%.

Explanation:

According to the scenario, the given data are as follows:

Selling price = $640

Variable cost = $352

Annual fixed cost = $985,500

Current sales volume = $4,390,000

So, we can calculate the contribution margin ratio by using following formula:

Contribution margin ratio = (Contribution margin per unit ÷ selling price per unit ) × 100

Where, Contribution Margin = Selling price - Variable cost

= $640 - $352 = $288

So, by putting the value in the formula, we get

Contribution margin ratio = ( $288 ÷ $640 ) × 100

= 0.45 × 100

= 45%

5 0
3 years ago
Donna has a home currently worth $142,000, for which she still owes $63,000 on her mortgage. She has $18,000 in student loan deb
Elan Coil [88]

Answer:

$49,000

Explanation:

Donna's net worth is the total value of her assets minus the total value of her liabilities.

Donna's total assets = $142,000 + $1,000 = $143,000

Donna's total liabilities = $63,000 + $18,000 + $13,000 = $94,000

Donna's net worth = $143,000 - $94,000 = $49,000

8 0
3 years ago
Prime Corp. has an ending balance in the accounts receivable account of $100,000. Prime recorded bed debt expense of $3000. Prim
Lelu [443]

Answer:

True

Explanation:

Prime's net realizable value of accounts receivable = accounts receivable balance - allowance for uncollectible accounts = $100,000 - $7,000 = $93,000

Bad debt expenses have already been debited, so they are no longer part of the allowance for uncollectible accounts.

5 0
3 years ago
Give description of a recent (2019-2021)example of how this problem has displayed in Southafrica
Gemiola [76]
South africa’s is a cool place,
7 0
2 years ago
Question 2 (multiple choice)
Paha777 [63]
A. $625.71
619+619×0.13/12
4 0
3 years ago
Other questions:
  • Rennin Dairy Corporation is considering a plant expansion decision that has an estimated useful life of 20 years. This project h
    8·1 answer
  • A company purchased new machinery and incurred freight, assembly, and installation costs in addition to the invoice cost of the
    5·1 answer
  • A firm expects to sell 25,900 units of its product at $7 per unit. Pretax income is predicted to be $60,900. If the variable cos
    8·1 answer
  • What caused consumer prices to rise following the war? . a.low demand and a surplus of produced goods . b.low demand and a short
    9·2 answers
  • Nick is investing $25,000 in a partnership with his sister and brother. nick does not want to be an active part of the partnersh
    15·1 answer
  • Which of the following is a skill?<br> A. Sitting<br> B. Hearing<br> C. Dancing<br> O D. Talking
    7·2 answers
  • Which graph represents the ownership of community hospitals? A pie graph shows three types of ownership. In order from greatest
    9·2 answers
  • In comparing money to a share of microsoft stock held by an individual, we can say:_______.
    5·1 answer
  • In economics, the demand for a good refers to the amount of the good that people:_______
    12·1 answer
  • the four key problem-solving steps occurring during the agreement stage: brainstorm as many solutions as possible, develop an ac
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!