An investment that you bought for ___

There are 100 used laptop g for sale on the market. 40% of them are in good condition, and the rest of them are broken, which is

NNADVOKAT [17]

Answer:

In equilibrium the maximum price set for a broken laptop to be sold is $600

Explanation:

According to the given data we have the following:

It is given that 40% laptops are in good condition. This implies that 60% are in bad condition.

In ordert to calculate the maximum price set for a broken laptop to be sold we would have to calculate the expected price that the buyers will be willing to pay for a laptop as follows:

Expected price=0.60($2000)+0.40($600)

Expected price=$1,200+$240

Expected price=$1,440

As the owners of good laptops are willing to sell their laptops for $1,800, whis is more that $1,440, they will not sell their products.

This implies that only bad laptops are sold in the market. The willingless to pay for the bad laptops is $600

Therefore, In equilibrium the maximum price set for a broken laptop to be sold is $600

7 0

3 years ago

Allure Company manufactures and distributes two products, M and XY. Overhead costs are currently allocated using the number of u

Crazy boy [7]

Answer:

Results are below.

Explanation:

First, we need to calculate the allocation rates:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Production setups= (73,000 / 30)= $2,433.33 per setup

Material handling= (49,000 / 91)= $538.46 per number of part

Packaging costs= (246,000 / 156,000)= $1.58 per unit

Now, we need to allocate costs to Product XY:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Production setups= 2,433.33*18= 43,799.94

Material handling= 538.46*23= 12,384.58

Packaging costs= 1.58*60,000= $94,800

Total allocated costs= $150,984.52

Finally, per unit basis:

Unitary cost= 150,984.52 /60,000= $0.27

8 0

3 years ago

Machinery is purchased on July 1 of the current fiscal year for $240,000. It is expected to have a useful life of four years, or

xenn [34]

Answer:

a. $28,125

b. $60,000

c. $14,400

Explanation:

The computation of the depreciation expense for the last six months is shown below:

a) Straight-line method:

= (Purchase value of machinery - residual value) ÷ (useful life)

= ($240,000 - $15,000) ÷ (4 years)

= ($225,000) ÷ (4 years)

= $56,250

In this method, the depreciation is same for all the remaining useful life

So, for 6 months it would be

= $56,250 × 6 months ÷ 12 months

= $28,125

(b) Double-declining balance method:

First we have to find the depreciation rate which is shown below:

= One÷ useful life

= 1 ÷ 4

= 25%

Now the rate is double So, 50%

In year 1, the original cost is $240,000 so the depreciation is $60,000 after applying the 50% depreciation rate and 6 months

(c) Units-of-production method:

= (Purchase value of machinery - residual value) ÷ (estimated operating hours)

= ($240,000 - $15,000) ÷ (25,000 operating hours)

= ($225,000) ÷ (25,000 operating hours)

= $9 per hour

Now for the current year, it would be

= Estimated operating hours in the current year × depreciation per hour

= 1,600 hours × $9

= $14,400

8 0

4 years ago

Legislation defining the mission of the Federal Reserve states: "The Board of Governors of the Federal Reserve System and the F

jeka57 [31]

Answer:

dual mandate.

Explanation:

dual mandate -

It is the practice in which the elected officials serves in more than one elected or public position .

In Britain , this term is also referred to as double jobbing .

In some cases , the dual mandate is prohibited by the law , as in the case of the federal states , because the federal office holders are not allowed to hold state office .

Hence from the question information , the correct option is dual mandate .

5 0

3 years ago

After a year of mentoring, andrew is starting his own bakery. he has listened to all of his mentor's advice, especially about de

Maslowich

Sorry I don’t understand

7 0

3 years ago

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An investment that you bought for ____