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slavikrds [6]
3 years ago
11

Nathan wants to buy a sweatshirt and is trying to determine the better buy. He has a 3030​% coupon for the​ in-store purchase. T

he store charges ​$3838 for the sweatshirt he wants.​ However, he found the same sweatshirt online for ​$3434 and gets 2525​% off as a​ first-time buyer. There are no shipping charges. Which is the better​ buy? By how​ much? Use the Polya problem solving method to solve this problem.
Business
1 answer:
slava [35]3 years ago
4 0

Answer:

It is better online, for 1.1 dollars

Explanation:

Do you understand all the words used in stating the problem?

Yes.

What are you asked to find or show?

The differnece in price bewtween the store T-shirt and the On-line T-shirt

Can you restate the problem in your own words?

Nathan can purchase a Tshirt by $38 with 30% discount or $34 with 25% discount. Which is the cheapest option?

Is there enough information to enable you to find a solution?

Yes, we have the list price for both T-shirt and the discount on each one.

<u>Devise a plan:</u>

<u>Use a formula</u>

list price less discount = net cost

<u>We will calculate the net cost for the T-shirt</u>

<em>in-store purchase scenario</em>

$38 - 30% coupon = 26.6 dollars

<em>on-line purchase scenario</em>

$34 - 25% off = 25,5‬ dollars

<u>The difference will be:</u>

$26.6 - $25.5 = 1.1 dollar in favor of the online purchase

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Answer:

Minimum Transfer Price is $3.50

Explanation:

The Minimum transfer price is calculated by adding the variable cost per unit with the opportunity cost. In this case where the clock division is not operating at full capacity then the opportunity cost would be considered as $0.

Moreover, the division would be able to avoid a $0.5 cost per clock. Therefore, the variable cost will be $3.50 ($4 - $0.5) after eliminating the $0.5.

Finally, the minimum transfer would as follows:

Minimum Transfer Price = Variable cost + Opportunity Cost

Minimum Transfer Price = $3.50 + $0

Minimum Transfer Price = $3.50

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Compensation in the United States is governed by a number of laws that set boundaries for what companies can do. The rules gover
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2 years ago
Compute the standard cost for one hat, based on the following standards for each hat: Standard Material Quantity: 3/4 yard of fa
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Answer:

The standard cost for one hat is $ 11.65

Explanation:

The standard cost of a hat is determined after consider all the manufacturing costs components in it. Based on the data available, it is calculated as under:

Standard Material  3/4 yards @ $ 4 per yard                               $ 3.00

Standard Labor      1 hour at $ 5.75 per hour                               $ 5.75

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The factory overhead has been considered at one hour, which is the direct labor hour in the standard calculation.

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3 years ago
A firm will maximize profit by producing that level of output at which?A. the additional revenue from the last unit sold exceeds
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Answer: The correct answer is "E. both b and c.".

Explanation:  A firm will maximize profit by producing that level of output at which "B. the additional revenue from the last unit sold equals the additional cost of the last unit." (<u>to the point where Marginal Income = Marginal cost</u>). And the "C. total revenue exceeds total cost by the largest amount".

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3 years ago
As the business grows:
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Answer:

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Explanation:

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