The penalty in that case was just around $4 million.
$4 mil/$43 mil = .093 %
Answer:
Explanation:
I think your question is missed of key information, allow me to add in and hope it will fit the original one. Please have a look at the attached photo.
Given:
- Cost $71 per linear foot
- Budge $34080 for those walls
Let X is the the length
Let Y is the width
From the photo, we can see that
(4X + 6Y)*71 = 34080
<=> (4X + 6Y) = 480
<=> Y = 80 -
X
The are of the rectangular industrial warehouse:
A(X) = 3Y*X
<=> A(X) = 3(80 -
X )X
<=>A(X) = (240-2X)X = 240X -
So A'(X) = 240 - 4X
Let A'(X) = 0, we have:
240 - 4X = 0
<=> X = 60
=> Y =(80 -
X ) = 80 -
*60 = 40
So the dimension to maximize total area is: 60 in length and 40 in width
Answer:
$19
Explanation:
Marginal revenue is the change in revenue when production increases by one unit
Marginal revenue = change in total revenue / change in quantity produced
total revenue 1 = $30 x 10 = $300
Total revenue 2 = $29 x 11 = $319
change in total revenue = $319 - $3000 = $19
Change in quantity produced = 11 - 10 = 1
Marginal revenue = $19 / 1 = 19
Answer:
interest expense 3,000 debit
interest payable 3000 credit
Explanation:
We will recognize the accrued interest for the period Nov 1st to Dec 31th
principal x rate x time
120,000 x 11%/12 x 3 months = 3,000
We divide the rate by 12 as there is express as annual rate and we need to match with time, which is months.
The entry will recognize interest expense for 3,000
and interest payable for 3,000