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Masteriza [31]
4 years ago
11

Presented below are data relating to labor for Verde Appliance Repair Shop.

Business
1 answer:
Andrei [34K]4 years ago
4 0

Answer:

Total cost is $200,000 and the bill for the job is $407.5

Explanation:

The total cost would be:

Total cost = Wages + Benefits + Overhead

= $110,000 + $40,000 + $50,000

= $200,000

Cost per hour = Total Cost / Labor hours

= $200,000 / 5,000

= $40 per hour

Profit per hour required is $20 per hour

Total rate per hour = Cost per hour + Profit per hour

= $40 + $20

= $60 per hour

The bill for the job would be:

Let the bill be X

Total bill = Used part cost + Repair cost per hour (1.5 hr is 93) + Loading charges

X = $70 + 93 + .6X

0.4 X = $163

X = $163 / 0.4

X = $407.5

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Suppose all individuals are identical, and their monthly demand for Internet access from a certain leading provider can be repre
Brilliant_brown [7]

Answer:

a. $16.

Explanation:

the firm offer a price where marginal revenue = marginal cost

We have to solve at which quantity the price is $1.

There, the marginal revenue would match the marginal cost.

1 = 5 - 0.5q

q= (5 -1) /0.5 = 4/0.5 = 8

Now, we solve or the price at which quantity is zero:

p = 5 - 0.5(q) = 5 - 0 = 5

With that we can now solve for the consumer good as the area of the triangle above the marginal cost and below the demand function

(see attached graph)

8 x (5-1) / 2 = 16

6 0
4 years ago
Acme Manufacturing makes their preliminary economic studies using a​ before-tax MARR of 17​%.More detailed studies are performed
VMariaS [17]

Answer:

The after-tax MARR is 13.26%

Explanation:

After - tax MARR = Before tax MARR*(1 - tax rate)

                            = 17%*(1 - 22%)

                            = 13.26%

Therefore, The after-tax MARR is 13.26%

7 0
4 years ago
Jase Manufacturing Co.'s static budget at 7,800 units of production includes $39,000 for direct labor and $3,120 for electric po
Orlov [11]

Answer:

Option A. Variable costs of $56,700 and $43,900 of fixed costs

Explanation:

Given:

Jase Manufacturing Co.'s static budget at 7,800 units of production includes;

Direct labor = $39,000

Electric power = $3,120

Total fixed costs= $43,900

Variable costs = [$(39,000 + 3,120) ÷ 7800] × 10,500= $56,700

Fixed costs = $43,900

8 0
3 years ago
Suppose that 3 months ago you entered into an forward rate agreement, and that under the terms of the contract you will receive
shusha [124]
This is a lot of work
5 0
3 years ago
What is brand awareness
STatiana [176]

Answer:

the extent to which consumers are familiar with the distinctive qualities or image of a particular brand of goods or services.

Explanation:

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7 0
3 years ago
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