Answer:
$7,750
Explanation:
The computation of the net income for the first year is shown below:
but before that following calculations needed
The Cost of production is
= Direct material + Direct labor + Manufacturing overhead
= $11,625 + $11,000 + $10,000
= $32,625
The Unit product cost is
= $32,625 ÷ 7,250 units
= $4.50 per unit
Now
Cost of goods sold = Number of units sold × cost per unit
= 4,500 units × $4.50
= $20,250
And, finally
Net Income = Sales revenue - COGS - general, selling, and administrative expenses
= (4,500 units × $7) - $20,250 - $3,500
= $7,750
Not fewer than 20 days nor more than 30 days.
Answer:
A. $150
Explanation:
Amount of car = $25,000
Initial payment = $2,500
If the family takes out a loan for the rest, the amount taken as loan
= $25,000-$2,500
= $22,500
If interest of 8% is charged on the loan for 5years, the interest charged for the 5years can be gotten using simple interest formula:
Simple interest = principal × rate × time/100
Simple interest = $22,500×8×5/100
Simple interest = $9,000
If total interest paid for 5years = $9,000
The family monthly payment will be:
= $9000/5×12 (since there are 12months in a year)
= $9,000/60
= $150
Answer: The answer is True.
Explanation: The Buyer Decision process has 5 phases and they are as follows:
1. Need recognition phase, where the buyer recognizes that they have a need to fill.
2. Information search phase, where the buyer seeks information on the best options to meet their needs.
3. Alternative evaluation phase, where a buyer evaluates the alternative enterprises that can best meet their needs.
4. The purchasing phase, where a buyer makes the decision to purchase the product or service of the best alternative, based on the evaluation in phase 3.
5. Post-purchase behavior phase where the buyer will either be happy with the product or service or will regret buying the product or service. Often, the buyer will advice other people to either buy or avoid buying that product or service, based on their experience.
It's a <span>partnership. I have to write more words but that's what that arrangement is.</span>
