Answer:
a. per diem
Explanation:
The salesman's job responsibility to increase the sales for the company through which the company could accomplish its future goals. In exchange for that, the salesman gets the remuneration the company hired for.
As when the salesman travels for his company, he has given the specific amount for food, travel, and hotel per diem. The per diem is a Latin word that means per day.
The daily allowance is given by the company to a salesman with the hope that the salesman perform his duties well so that he could be appraised in the next new months with respect to the promotion and other perks
Answer:
11.11%
8 Baskets and in year 2, 9 Baskets, the value of money will increases
Increases
Explanation:
The computation of the given question is shown below:-
Decrease at an Annual Rate = price of the same basket ÷ the basket costs - one year
= $8 ÷$ 9 - 1
= 0.1111
= 11.11%
In year one, $72.00 will buy 8 Baskets and in year 2, 9 Baskets, the value of money will increases.
The value of money is increasing.
Answer:
0.087 = 8.7%
Explanation:
Present value of perpetuity given that payment is done at the end of N-year
= present value * ( 1 + i )^n-1
= 169 * ( 1 + i )^n-1 = 100 / i
∴ ( 1 + i )^n-1 = 100 / 169i ------- ( 1 )
Given that first payment at the end of N years = 2112.50 hence the present value of 2112.50
= 2112.50( 1 + i )^n-1 = 100 / i + 100/ i^2 --- ( 2 )
(given that the increment is with a difference of 100 ) and N-1 = number of years
next step : Input equation 1 into equation 2
2112.50 i^2 = 169i [ 100i + 100 ]
19350 i^2 = 16900i
∴ i = 16900 / 19350 = 0.086956 ≈ 0.087
Answer:
Possession utility
Explanation:
Possession utility is the value consumers derive from purchasing a good and there is an option for them to make use of the good for the primary function it was made to perform or when it is possible to make use of the good in another way.
The possession utility of a product can increase when a customer is given a means of finance that affords him an immediate enjoyment of a commodity by paying little or no money for it.
Therefore, possession utility increased when fast-food restaurants began accepting credit.
Explanation:
The computation of the cost per equivalent units for each one is shown below:
For Material
= Cost added ÷ Equivalent unit of production
= $67,276 ÷ 13,900 units
= $4.84 per unit
For Labor
= Cost added ÷ Equivalent unit of production
= $27,025 ÷ 11,500 units
= $2.35 per unit
For overhead
= Cost added ÷ Equivalent unit of production
= $86,825 ÷ 11,500 units
= $7.55 per unit
