Answer:
There must be 22.5 pounds of cashews mixed with the 30 pounds of peanuts.
Explanation:
Everything is given except the the pounds of cashews, so we also don't know the total pounds.
If you let the pounds of cashews be x, then the total pounds will be x + 30.
30(1.50) + x(5.00) = (30 + x)(3.00)
45 + 5x = 3x + 90
2x = 45
x = 22.5
There must be 22.5 pounds of cashews mixed with the 30 pounds of peanuts.
Answer: delaying collection of foreign currency receivables if that currency is expected to appreciate
Explanation:
A lag strategy involves the delay in collecting foreign currency receivables when an economic agent like the individuals, firms or the government believes that the currency will appreciate.
A lag strategy also involves the delay in payables when one is aware that the currency will soon depreciate.
Answer:
$162,600
Explanation:
Given that,
Overtime pay earned in the 2-week period ended 12/26/20 = $24,000
Recurring biweekly salaries = $462,000
Liability for accrued salaries:
= Overtime pay earned in the 2-week period + [(Total recurring biweekly salaries ÷ 10) × 3]
= $24,000 + [($462,000 ÷ 10) × 3]
= $24,000 + $138,600
= $162,600
Answer:
Standard rate per direct labor-hour = $15.9355
Explanation:
Given:
labor wage = $10.95 per hour
Employment tax rate = 9%
Fringe benefit = $4.00 per-hour
Standard rate per direct labor-hour = ?
Computation of standard rate per direct labor-hour:
Employment tax = labor wage × Employment tax rate
Employment tax = $10.95 per hour × 9%
Employment tax = $10.95 × 0.09
Employment tax = $0.9855
Standard rate per direct labor-hour = labor wage + Employment tax + Fringe benefit
Standard rate per direct labor-hour = $10.95 + $0.9855 + $4.00
Standard rate per direct labor-hour = $15.9355
Answer:
b. opportunity cost
Explanation:
<u>The opportunity cost is a term for a process when one thing is chosen and the other alternatives are lost as a cost. </u><u>This is one of the key concepts in economics</u>, as it explains the gain, costs, benefits, and choices. It doesn’t only have to refer to the money cost, but to any loss, that is made during the process of choosing between the alternatives.
The profit and benefits of other choices are lost by making a decision to chose one thing, and benefiting it from it alone.