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german
3 years ago
10

Saran Company has contacted Crane with an offer to sell it 5,100 of the wickets for $16 each. If Crane makes the wickets, variab

le costs are $14 per unit. Fixed costs are $8 per unit; however, $5 per unit is unavoidable. Should Crane make or buy the wickets?
Business
1 answer:
Natasha2012 [34]3 years ago
4 0

Answer:<em><u>Crane should buy the wicket as it result in saving of $ 1100</u></em>

Explanation:

Given:

Quantity = 5,100

Price = $16

Variable cost = $14 per unit

Fixed costs = $8 per unit

Buying Cost = 5100 * 16 = $ 81,600

Making Cost = Variable Costs + Avoidable Fixed Costs

Making Cost  = 14 * 5100 + (8 - 5) * 5100 = $ 86,700

Crane should buy the wicket as it result in saving of $ 1100 ($86,700 - $81,600).

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What is the present value of receiving $100 investment two years from now at a 10 percent annual discount rate
guapka [62]

Answer: $121

Explanation:

The question simply wants us to find the present value of receiving $100 investment two years from now at a 10 percent annual discount rate.

This can be easily solved as follows:

For the first year, the $100 will be worth:

= $100 + ($100 × 10%)

= $100 + ($100 × 0.1)

= $100 + $10

= $110

The worth at the end of the second year will then be:

= $110 + ($110 × 10%)

= $110 + $11

= $121

8 0
3 years ago
Roger inherited 100 shares of Periwinkle stock when his mother, Emily, died. Emily had acquired the stock for a total of $60,000
Serjik [45]

Answer:

Please see attachment

Explanation:

Please see attachment

4 0
3 years ago
The gross pay, benefits and job expenses for two different employees are shown below. Employee A: gross pay $57,200, employee be
Lemur [1.5K]

Answer:

a. The total employment compensations for the two employees are the same

Explanation:

Employee compensation refers to payment made to employees by an organization in consideration for the services rendered.

Employee compensation can be in cash form such as salary and wages, perquisites, allowances, incentives, commission, etc.

In the given case,

<u>Compensation for Employee A</u>:

= Gross Pay + Employee benefits - Job expenses

= $57200 + 5300 - 800

=  $ 61,700    

Similarly,

Compensation for Employee B:

= Gross Pay + Employee benefits - Job expenses

= $56,900 + $6200 - $ 1400

= $61,700

Thus, employment compensation for both A and B are the same.

4 0
3 years ago
Given a total population of 1 million, a working age population of 500,000, a labor force of 400,000, 300,000 employed, and 100,
Ede4ka [16]

Answer:

the labor force participation rate is 80%

Explanation:

The computation of the labor force participation rate is given below:

Labor force participation rate = labor force ÷  working-age population ×  100

= 400,000 ÷ 500,000 × 100

= 4 ÷ 5 ×  100

= 80%

hence, the labor force participation rate is 80%

7 0
2 years ago
If workers are likely to be exposed to fall dangers, what kinds of trainings must their employers provide?.
Alika [10]
Safety training of course, at the same time,they have to gets very necessary working Insurance as well.
5 0
2 years ago
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