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taurus [48]
3 years ago
11

Mike’s Bike Shop rents mopeds to tourists at the beach. The old manager charged $20 per day plus $0.05 per mile. The new manager

wants to change the marketing strategy and charge $15 per day and exclude the extra $0.05 per mile. What type of costs are most important to consider when the new manager plans to lower the charges to customers?
Business
1 answer:
AnnyKZ [126]3 years ago
4 0

Answer: Fixed Costs

Explanation:The Manager needs to consider the fixed cost of the business before lowering the charges to customers.

Fixed costs are cost incurred that do not vary with output. if fixed cost are lowered without proper calculation/consideration, the business might run at a loss.  

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Leila has a table in a spreadsheet she wants to format. Which options will allow her to format the table without changing its co
ElenaW [278]

Answer:

All of them, except "Find and replace, Text."

Explanation:

6 0
3 years ago
A small foundry agrees to pay $220,000 two years from now to a supplier for a given amount of coking coal. The foundry plans to
MaRussiya [10]

Answer:

A) $24,602

Explanation:

We can solve this question by finding the periodic deposits needed by using the formula:

FV=PMT*\frac{(1+i)^n-1}{i}

where:

FV= future value   = $220,000

PMT = periodic deposits required = ???

i = effective  interest rate per period = 0.0331

n= number of deposits = 8

However, since the interest is compounded monthly, let's also  calculate the effective interest rate

Effective interest rate = (1+\frac{r}{m}) ^m-1

where; r = 12.5% = 0.125

(1+\frac{0.125}{12})^{12} -1

= 0.1324

Interest rate per period = \frac{0.1324}{4}

= 0.0331

Then;

220,000=PMT*\frac{(1+0.033)^8-1}{0.033}

220,000 = PMT × 8.986

PMT = \frac{220,000}{8.986}

PMT = $ 24,482.5

Since A) $24,602 is closer to $ 24,482.5

Therefore,  $ $24,602  must be deposited every three months

3 0
4 years ago
conservationists tend to believe that resources should be saved because they are important for a strong economic system.
Nata [24]

Conservationists tend to believe that resources should be saved because they are important for a strong economic system and <u>used by all living things</u>

<h3>Who is a Conservationist?</h3>
  • The conservation movement also referred to as nature conservation, is a political, environmental, and social movement that works to manage and safeguard natural resources, including animal, plant, and fungal species as well as their habitat, for the benefit of present and future generations.
  • Environmental conservationists strive to leave the environment in better shape than when they found it.
  • Data-based conservation aims to increase the efficacy of conservation activities by utilizing credible scientific evidence.
  • To preserve natural resources including fisheries, wildlife management, water, soil, conservation, and sustainable forestry, the early conservation movement developed out of necessity.
  • The modern conservation movement now includes biodiversity preservation in addition to the early movement's focus on the sustainable use of natural resources and the protection of wilderness regions.

To learn more about Conservationists with the given link

brainly.com/question/28299995

#SPJ4

4 0
2 years ago
The company allocates manufacturing overhead using a single plantwide rate with machine hours as the allocation base. Estimated
vovikov84 [41]

Answer:

B) $1.40 per machine hour

Explanation:

Total machine hours = 29,000 + 48,000 = 77,000

Predetermined overhead allocation rate = Total estimated overhead costs / Total estimated quantity of the overhead allocation base

= $108,000 / 77,000 machine hours

= $1.40 per machine hour

6 0
3 years ago
ABC sells 28 units for $50 each on December 15. Of the units sold, 14 are from the December 7 purchase and 14 are from the Decem
LekaFEV [45]

Answer:

Closing inventory based on Specific IDENTIFICATION

7 Dec purchase ( 20-16) = 4 * $16 = $64

14 Dec purchase ( 35 -14) = 21*$24 = $504

21 Dec purchase            30*$29 = $870

                    closing inventory  31 Dec                                 <u>= $1438</u>

Explanation:

The question is incomplete but here is a complete one

Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Monson sells 30 units for $40 each.

 

Purchases on December 7 20 units @ $16.00 cost  

Purchases on December 14 35 units @ $24.00 cost

Purchases on December 21 30 units @ $29.00 cost

Required:

Monson sells 30 units for $40 each on December 15. Of the units sold, 16 are from the December 7 purchase and 14 are from the December 14 purchase. Monson uses a perpetual inventory system. Determine the costs assigned to the December 31 ending inventory when costs are assigned based on specific identification.

5 0
3 years ago
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