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hodyreva [135]
3 years ago
14

Nancy and Betty enter into a partnership agreement where they decide to share profits according to the following rules: Nancy an

d Betty will receive salaries of $1, 300 and $13, 500 respectively as the first allocation. The next allocation is based on 10% of each partner's capital balances. Any remaining profit or loss is to be allocated completely to Betty. The partnership's net income for the first year is $40,000. Nancy's capital balance is $100,000 and Betty's capital balance is $11,000 as at the end of the year. Calculate the share of profit/loss to be allocated to Betty. (Round your answer to the nearest dollar.) $11,300 $10, 200 $28,700 $1,110
Business
1 answer:
Margaret [11]3 years ago
5 0
From the first condition, Nancy already has $1,300. From the second condition, Nancy will also receive 10% of her capital balance which is 10% of $100,000 or $10,000. In total, Nancy has a share of $11,300. So, Betty's share is the remaining amount from the $40,000 net income which is
$28,700
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The operations manager at a printing company has grouped together a work crew to assemble an order of 500 copies of an annual re
Ghella [55]

Answer: Cellular layout

Explanation:

 The cellular layout is one of the organizational process in which the various types of similar produced are manufacturing together that contain some effective features and the characteristics.

The main goal of the cellular layout is that it helps in encompassing the various types of technology for producing the effective products more quickly.  

According to the given question, the operational manager of the printing company where all the worked together for assembling an order of the 500 copies and this is an example of cellular layout.

 Therefore, Cellular layout is the correct answer.  

3 0
3 years ago
Quantity Discount: Consider a quantity discount problem where the yearly demand for the product is 1,286 units, the ordering cos
Nataly [62]

Answer:

EOQ = 72 units

Explanation:

Annual demand D = 1,286 units

Ordering cost S = $47

Holding percentage I = 35%

So, 0 - 199 units, the unit cost is $66

EOQ = \sqrt{2DS/PI}

EOQ = \sqrt{(2 * 1286 * 47)/(66*0.35)}

EOQ = \sqrt{5233.07}

EOQ = 72.33998613

EOQ = 72 units

3 0
3 years ago
One of your customers has just made a purchase in the amount of $23,200. You have agreed to payments of $445 per month and will
Alja [10]

Answer:

85.43 months

Explanation:

Purchase = $23,200

Payment per month = $445

Interest rate = 1.26%

Therefore the solution is:

$23,200 = $445[(1 − 1/1.0126^t) / .0126]

t = 85.43 months

3 0
3 years ago
For each of the following costs incurred in a manufacturing firm, indicate whether the costs are most likely fixed (F) or variab
Murrr4er [49]

Answer:

a. Depreciation on the building for administrative staff offices. (F) (P)

b. Cafeteria costs for the factory. (F) (M)

c. Overtime pay for assembly workers. (V) (M)

d. Transportation-in costs on materials purchased (V) (M)

e. Salaries of top executives in the company. (F) (P)

f. Sales commissions for sales personnel (V) (P)

g. Assembly line workers' wages (V) (M)

h. Controller's office rental. (F) (P)

i. Administrative support for sales supervisors (F) (P)

j Energy to run machines producing units of output in the factory. (V) (M)

Explanation:

Fixed Cost (F): Fixed cost is cost which is fixed and does not vary on the basis of production.

Variable Cost (V): Variable cost is cost which is not fixed and varies on the basis of production i.e. with the change in production, it also changes.

Product Cost (M): Product cost is a direct cost which is attributable directly in the creation of the product such as Direct Material, Direct Labour, etc.

Period Cost (P): A period cost is associated with the passage of time and is not included in the product cost, and is treated as an expense.

8 0
3 years ago
Christina is an economist who believes that shifts in aggregate demand cause both a change in real output and the price level. S
Arada [10]

Answer:

B.Keynesian economist

Explanation:

Keynesian economist -

It was developed in 1930s by John Maynard Keynes , a British economist .

It is the theory of the total spending in the economy and its effect on inflation and output .    

It is a demand - side theory which focus on the changes in the economy on short run .

Hence , Christina is best described as a Keynesian economist .

4 0
3 years ago
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