The incomes of 50 loan applicants are obtained. which level of measurement is income

Workco must have the following number of workers available during the next three months: month 1, 20; month 2, 16; month 3, 25.

GaryK [48]

Answer:

Total least possibe cost in three months is $4.800 + $2.800 + $4.000 = $11.600

Explanation:

Let us assume that Workco does not have the option to have less number of workers than 20, 16 & 25 in the first, second and third months respectively.

Month 1 : Since there are zero workers at the start, the cost of First month can easily be calculated as cost of hiring 20 workers and salary of 20 workers i.e (20*100)+(20*140) = $4800

Month 2 : Since number of workers required is less than month 1, workco has the option of firing maximum of 4 workers to bring down number of workers to 16. The decision of whether to fire the workers depend on 2 factors :

a) Cost of firing + Cost of hiring - If we see, cost of firing + hiring is ($50 + $100) = $150 which is greater than the salary of worker of $140/month

b) Number of workers required in 3rd Month - It is important to note that the number of workers needed in 3rd month is the highest i.e more than the 1st month also which effectively means that we will have to rehire all the workers fired in month two and then hire 5 more workers (Difference between number of workers in 1st and 3rd month).

Since cost of hiring + firing is more than the salary, it makes sense to not fire any worker in month 2.

Considering the above points, cost in month two is 20*140 = $2800

Month 3 : Nom of workers at the end of month two is 20 and requirement is 25. So Workco will have to hire 5 more workers costing him (5*100)=$500 and then pay salary to 25 workers (25*140)= $3500 taking the total cost in month 3 to $500 + $3500 = $4000

So, total least possibe cost in three months is $4800 + $2800 + $4000 = $11600

7 0

3 years ago

Ruben Company purchased $100,000 of Evans Company bonds at 100 plus $1,500 in accrued interest. The bond interest rate is 8% and

Damm [24]

Answer:

c. debit Investment-Evans Company Bonds, $100,000, and Interest Receivable $1,500; credit Cash $101,500

Explanation:

c. debit Investment-Evans Company Bonds, $100,000, and Interest Receivable $1,500; credit Cash $101,500

The interest is due on bonds of $ 100,00 so it is added to the total amount.

The other choices are incorrect as A does not account for interest due.

B does not indicate the amount of interest separately. D is wrong as interest is again deducted from the total of bonds also they are credited it is receivable not payable

3 0

3 years ago

hola ¡antes estaba como ruedanatalia222 nose que paso se me borro la cuenta los puntos los corazon los seguidores las CORONAS ¡¡

iragen [17]

Answer:

borro la cuenta los puntos los corazon

Explanation:

4 0

2 years ago

Turkey Hill Motor Homes currently sells 1,200 Class A motor homes, 2,600 Class C motor homes, and 4,000 pop-up trailers each yea

Colt1911 [192]

Answer:

The erosion cost = $ 49,190,000

Explanation:

Given:

Class A motor homes sold = 1,200

Class C motor homes sold = 2,600

pop-up trailers sold = 4,000

if the new camper is added,

decline in class A sales = 10%

Decline in class C sales = 2,100 units

Average cost of class A motor homes = $ 162,000

Average cost of class C homes = $ 59,500

Selling price for the pop-ups = $ 5,500

cost of the new mid-range camper = $ 32,900

Now,

Erosion cost is given as = Total decline in revenue from the sales

= (Decline in class A sales × Average cost of class A motor homes ) + (Decline in class C sales × Average cost of class C motor homes )

Erosion cost = ( 0.10 × 1,200 × $ 162,000 ) + ( (2,600 - 2,100) × $ 59,500 )

or

Erosion cost = 19,440,000 + 29,750,000

or

The erosion cost = $ 49,190,000

3 0

3 years ago

The __________ is the difference between money flowing into a country from exports, and money leaving the country for imports, p

Anna35 [415]

Answer:

D. balance of trade

Explanation:

Based on the information provided within the question it can be said that the term being described in this scenario is called a balance of trade. like mentioned in the question this term refers to the difference between a nation's exports and it's imports, as well as various other forms of money flow into and outside the nation in question.

6 0

3 years ago