Answer:
$30.07
Explanation:
Rocky river company uses target pricing
The production volume is 602,000 units
The market price is $34 per unit
The total assets is $13,900,000
The desired operating income is 17% of the total assets
= 17/100 × 13,900,000
= 0.17×13,900,000
= 2,363,000
The first step is to calculate the sales value
= 602,000 ×34
= 20,468,000
The total cost can be calculated as follows
= Sales value-desired operating income
= 20,468,000-2,363,000
= 18,105,000
Therefore the target full product cost per unit can be calculated as follows
= Total cost/production volume
= 18,105,000/602,000
= $30.07
Hence the full target product cost per unit is $30.07
No more than two pages and should include the most important information from each section of the plan. it should open with a compelling story to persuade the reader that the business is going to succeed. then it should support the statement gathered through market research.
The manager at Pucoy Inc. Steve is performing appraisal for the employees, he is performing appraisal using the development trait of the performance appraisal.
<h3>What is Appraisal? </h3>
Appraisal is the process of reviewing an employee's performance, this is usually conducted on a semi annual or annual period. The performance appraisal is usually conducted by the line manager and or a HR representative.
Steve is showing good qualities as he is appraising the employees, He is also providing feedback on the area of improvement and also discussing the future growth options and strategies for the employee in the organization. This trait is a development use of performance appraisal.
Performance appraisals are an important part in an organization as it encourages the employees to work hard and effective. The annual salary increments are also based on this performance appraisals.
Learn more about Appraisal at brainly.com/question/27335011
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Given:
Present value, P=179500
interest per period (month), i = 0.0475/12
number of periods (month), n=30*12=360
Interest charged after first month
Interest=P*i
=179500*0.0475/12
=710.52
Monthly payment (just to confirm that A > Interest)
A = Pi(1+i)^n/((1+i)^n-1)
=179500*(0.0475/12)(1+0.0475/12)^360/((1+0.0475/12)^360-1)
= 936.36 (to the nearest cent.
> 710.52 so ok.
Answer:
The correct answer is Option (E).
Explanation:
According to the scenario, the given data are as follows:
Worker Wage = $8
Rate of corn bushel = $2.75
Work done = 3 bushels per labor hour
So, from this we can calculate the marginal revenue of product,
Marginal revenue of product = Rate of corn bushel × Work done
= $2.75 × 3 = $8.25
As, Marginal Revenue > Wage
More marginal revenue means more profit.
Hence, Mr. Cobb should hire more labor because the marginal revenue product exceeds the wage.
