Answer:D.
Someone is given responsibility for deciding how to meet the need.
Explanation:
Answer:
<em><u> we produce the goods and services that people value less</u></em>
<em><u>Explanation:</u></em>
<em><u>Remember, </u></em> an inefficient activity is one that<em> fails</em> to achieve maximum productivity with minimum wasted effort.
Let's take for example a mobile producer (manufacturer) decides to allocate its resorces into producing<em> laptops.</em> However, it later determined that the allocated resources were inefficient since most consumers according to a survey now prefer <em>tablet</em> <em>computers. </em>The company received low sales volume as result.
After n years, the deposit made at birth will have a value equal to;
FV1 = C(1+r)^n = 1000(1+0.018)^n = 1000(1.018)^n
After n years, the yearly deposits made at every birthday will have a value equal to;
FV2 = P{(1+r)^n-1}/r = 750{(1+0.018)^n-1}/0.018 = 41666.67 {(1.018)^n-1} = 41666.67 (1.018)^n -41666.67
Total FV = FV1+FV2 = 1000(1.018)^n+41666.67(1.018)^n-41666.67 = 42666.67 (1.018)^n - 41666.67
Answer:
$33,540,000
Explanation:
initial investment:
- opportunity cost of land (resale price of land) = $10,700,000
- building cost of the facilities = $21,900,000
- other expenses related to the site (grading) = $940,000
- total $33,540,000
The purchase cost of the land is considered a sunk costs, since it is not relevant now. What is relevant is the price at which the land could be sold at the moment of starting the project.
Answer:
The total fixed costs must be:
$36,000.
Explanation:
a) Data and Calculations:
Contribution margin ratio for the new product = 0.2
Target operating income = $60,000
Targeted sales volume in dollars = $480,000
Fixed costs = targeted sales volume in dollars multiplied by contribution margin ratio, minus target operating income
Fixed costs = ($480,000 * 0.2) - $60,000 = $36,000
b) The focus should be on the break-even formula for dollar sales with a target profit. When the formula is reversed, the fixed costs can be calculated as shown above.
