Answer:
Explanation:
Revenue is $150 per semester credit hour
Materials cost = $21*45=$945
Labor cost = $4500
Overhead cost = $27,000
Total cost=$945+$4500+$27,000=$32,445
Multifactor probability = Revenue/Total cost = (150+80)*45/32,445=10,350/32,445 = 0.32
Answer:
$80
Explanation:
Maximum wage is the maximum amount of money that a firm can pay its worker based on what the worker can produce and generate as revenue to the firm.
Given that the worker can produce 20 units of output which can be sold for $4 per unit, The maximum wage that the firm can pay the worker = output × price per unit output.
Maximum wage the firm can pay the worker = 20 units × $4 per unit = $80
Answer:
Total actual utilisation = 1,710 unit
Explanation:
Given:
Design capacity = 1,900 units
Effective capacity = 90%
Actual output = 1,500 units
Total utilisation = ?
Computation of Actual unit utilise:
Total actual utilisation = Design capacity x Effective capacity
Total actual utilisation = 1,900 x 90%
Total actual utilisation = 1,900 x 0.9
Total actual utilisation = 1,710 unit
Answer:
$62,267.91
Explanation:
first we must calculate the interest rate = 10% + 6% + (10% x 6%) = 16.6%
now we can use the present value formula:
present value = future value / (1 + rate)ⁿ
present values for:
- cash flow year 0 = $17,100
- cash flow year 3 = $46,500/1.166³ = $29,333.06
- cash flow year 4 = $12,300/1.166⁴ = $6,654.43
- cash flow year 7 = $26,900/1.166⁷ = $9,180.42
total present value = $62,267.91
