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3 years ago

8. EX.07-168

Business

1 answer:

elixir [45]3 years ago

8 0

Answer:

The cost of ending inventory = $193,200.

Explanation:

First in First out (FIFO) inventory system refers to the system where the materials are issued when they have purchased in an orderly manner. See image below to get your answer with illustration.

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Tim Urban, owner/manager of Urban's Motor Court in Key West, is considering outsourcing the daily room cleanup for his motel to

nlexa [21]

Answer:

Based on the given information related to costs for each of the options, the crossover point for Tim = 6,000 room nights (round your response to the nearest whole number). If the number of room nights is less than the crossover point, then OUTSOURCING (Duffy's Maid Service) is the best option available to Tim. Based on the given room nights that Tim expects to rent (18, 250), the best option is to keep doing the service INSOURCING (doing it himself).

Explanation:

Currently, before outsourcing, Tim's total cost = $228,125 + $61,000 = $289,125. On average, he spends $15.84247 per room.

The Duffy's Maid Service offer would represent a total cost of $337,625 + $25,000 = $362,625 for the same occupation level.

the crossover point for Tim:

12.5x + 61,000 = 18.5x + 25,000

36,000 = 6x

x = 6,000 room nights

(6,000 x 12.50) + 61,000 = (6,000 x 18.50) + 25,000 = $136,000

7 0

3 years ago

If the keyword an advertiser is bidding on is used in the ad and on the landing page, then the advertiser will receive a higher

cricket20 [7]

Answer:

If the keyword an advertiser is bidding on is used in the ad and on the landing page, then the advertiser will receive a higher Quality Score for

ad relevance.

Explanation:

Ad relevance is a component that gives an advertiser higher quality score. It is an indication that the keyword is optimized to meet the customer's search query. It shows how closely the ad matches the customer's search because a correlation exists between the keyword, the ad, and the post-click landing page. It is paramount to achieve ad relevance in any pay-per-click advertising (PPC), otherwise called search engine marketing (SEM) or search advertising, to justify the ad costs.

8 0

2 years ago

Instead of attending class, one could have worked an extra hour at the café for $10 or watched a neighbor’s child for $15. the o

Lina20 [59]

The opportunity cost of attending class is the $15 that could have been made by watching a neighbor's child.
Opportunity cost refers to the benefits that one gives up in order to enjoy another benefit, that is, the benefit that is sacrificed.
In this question, two benefits are given up, but the real opportunity cost is the one that have the highest value, which is the $15.

6 0

3 years ago

News or program on TV. Reliable or relevant

allochka39001 [22]

Answer:

Relevant

Explanation:

News, and / or programs on TV, is how media, and the government gives information and influences people. It is relevant for the reason that outlets are trying to influence the viewers, but it is not always reliable. The news, and commercials shown on TV are not always reliable. Politicians may put things on TV, or news that is not necessarily true, or reliable. News outlets also do the same thing. News is notorious for spewing false information. And not only on our presidents an politicians. The point of news is to basically exaggerate things to get hold of the viewers attention more.

:))

5 0

3 years ago

Calhoun Crockery sold merchandise; the total proceeds collected, including a 7% sales tax, amounted to $74,900.

Gala2k [10]

Answer:

Option (b) is correct.

Explanation:

Sale value of the merchandise = $74,900

Sales tax liability = $74,900 × (7% ÷ 107%)

= $4,900

Sale value prior to sales tax = $74,900 - $4,900

= $70,000

Sales tax @7% on $70,000 = $4,900

Hope the above calculation will clear the concept since the question clearly mention that

Calhoun Crockery sold merchandise; the total proceeds collected, including a 7% sales tax, amounted to $74,900.

This $74,900 includes 7% tax also it means that the collected proceed is 100% + 7% = 107%

which includes 7% tax liability.

4 0

3 years ago