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guajiro [1.7K]
3 years ago
9

Sales and commission are based on selling price, not the costs you have been provided. Labor: 13.8 hours at 18.75 per hour Overh

ead: 92% of labor Material Costs: $65.10 Packing Costs: 10% of materials Sales Commission: 10% of selling price Profit: 22% of selling price
Business
1 answer:
AVprozaik [17]3 years ago
6 0

Answer:

Price per unit is $782.96 or $783.

Explanation:

Let, selling price per unit = X

Total cost = Labor cost + Overhead cost + material cost + packing cost + Commission cost

Total cost = 12.8*18.75 + .92*12.8*18.75 + 65.10 + .10*65.10 + .1*X

Total cost = 532.41 + .1*X

So,

Selling price = X = .22*X + 532.41 + .1*X

.68*X = 532.41

X = 532.41/.68

X = $782.96 or $783

Price per unit is $782.96 or $783.

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In a closed economy, saving and investment must be equal, but this is not the case in an open economy. In the following problem,
Leni [432]

Answer:

Y = C + I + G + NX

S = Y - C

S = I + G + NX

Explanation:

National Income Y = C + I + G + NX ; {where consumption, investment, government purchases, net exports ie exports - imports are corresponding expenditure of households, firms, government, rest of the world}

National Saving (S) is income (Y) left after paying for consumption (C) . So, S = Y - C

Using above equations, Y = C + S , Y = C + I + G + NX

C + S = C + I + G + NX

So, S = I + G + NX

4 0
3 years ago
PLEASE ANSWER QUICKLY
Paha777 [63]

Answer:

C.

standards for the basic minimum wage and overtime pay

Explanation:

Hope this helps you

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8 0
3 years ago
Cine Creation sold plant assets at a $ 16 comma 000 loss. Where on the statement of cash flows should Cine Creation report the s
Vanyuwa [196]

Answer:

1. On the statement of cash flow record the sale of the asset under the investment section.

2. -$16,000

Explanation:

In Cash flow Statements every asset purchases and sales are viewed as investments, so you record asset sales in the investment section of the cash flow.

Therefore the exact value of the sales is recorded.

8 0
3 years ago
Which of the following best defines a SWOT analysis? Group of answer choices
Grace [21]

Answer:

The correct option is its aim is to review internal processes independently of the external industry environment

Explanation:

The first option is wrong because it only made mention of the internal strengths and weaknesses,there is no mention of external opportunities and threats

The second option is obviously wrong as SWOT has no direct link with classifying assets as tangible or intangible.

It is not conducted by regulatory agencies as it is not a regulatory requirement

Lastly ,internal processes refer to strengths and weakness while opportunities and threats emanate from the external industry environment

6 0
3 years ago
Which of the following statements about torts is correct?
swat32

Hello There!

Your answer would be <u>C). A tortious act may also be a criminal act.</u>

The reason why C would be your answer is because a tortious act is something that harms someone in any way. The reason why it "may" be a criminal act is because determine if the tortious act is a criminal act really depends on the scenario that is occurring. For example, someone could cause a tortious act in a way of self defense, this scenario would be debatable because the person that committed the tortious act had a valid reason in doing so, and that was protecting themselves. But, if a person was to cause a tortious act by  hurting someone to steal from them, then that would definitely be a criminal act because they are performing dangerous things to someone else, and the person could file a lawsuit against it.

Let's dive into why the other answer choices are incorrect. We can use the old fashion process of elimination:

Answer choice "A). A tortious act is always a criminal act" is incorrect because it is not always a criminal act, it depends on the scenario it's in. This is the reason why this answer choice would be eliminated.

Answer choice "B). A criminal act is always a tortious act" is incorrect because there are MANY criminal acts that doesn't harm anyone, for example, tax evasion (not paying taxes) is a criminal act, but does not cause any harm to anyone. This is the reason why this answer choice would be eliminated.

Answer choice "D). A tortious act is the same as a contract dispute" is incorrect because harming someone is not the same as not doing what a contract says. A contact dispute is when someone that's part of a contract did not do a duty that the contract says that they're suppose to do, and that usually doesn't have to be any harm to anyone. That would not be the same as a tortious act, harming someone. This is the reason why this answer choice would be eliminated.

6 0
3 years ago
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