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LuckyWell [14K]
3 years ago
7

Harry owns a barbershop and charges $6 per haircut. by hiring one barber at $10 per hour, the shop can provide 24 haircuts per e

ight-hour day. by hiring a second barber at the same wage rate, the shop can now provide a total of 42 haircuts per day. the mp of the second barber is
Business
1 answer:
Art [367]3 years ago
7 0
For the answer to the question above, I think the answer is



$6 per haircut *  <span>24 haircuts per day = $252
</span>less the cost of barber
<span>one barber at $10 per hour * $80
</span>less the haircuts per day
$6 per haircut *  <span>24 haircuts per day= $144</span>

hiring the second barber  <u><em>will add $28 to profits</em></u>
So yes he should hire it





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Project P requires an investment of 4000 at time 0. The investment pays 2000 at time 1 and 4000 at time 2. Project Q requires an
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Explanation see attached file

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Wither Spoon Company requires a new manufacturing facility. It found three locations; all of which would provide the needed capa
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$42,500 payments at the beginning of each of the next twenty-five years. Assuming Wither Spoon Company's borrowing costs are 8% per annum

Explanation:

Assuming Wither Spoon Company's borrowing costs are 8% per annum

th e option that is least costly to the company is Location C because it only requires $42,500 payments at the beginning of each of the next twenty-five years.

Hence Location A which may be purchased immediately for $500,000 cash and Location B which may be acquired with an immediate down payment of $100,000 and annual payments of $39,900 at the end of each of the next twenty years are not the best option for the company to choose from which therefore makes LOCATION C the best option for Wither Spoon Company because it save cost as as well the least costly to the company.

6 0
3 years ago
Gable Inc. is a provider of home furnishings. The company uses the FIFO inventory method. The following information was taken fr
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Answer:

a. LIFO is the last  method of accounting for inventory by recording the most recently produced or purchases item as the item sold first . If there is an increase in the cost of the item , this would mean higher cost of goods as you would have to record the item with the higher cost as the sold item

b.  1. Income before taxes = 110,000

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3 0
3 years ago
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1,08 0 2477,81117 1,00 2.477,81

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1,08 13 2477,81117 2,72 6.738,71

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                 -20.000,00

                 -20.000,00

                 

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