1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
polet [3.4K]
3 years ago
5

An employee of a delivery company drives 480 miles at 60 miles per hour in a vehicle that averages 20 miles per gallon of gas. T

he employee is paid $12 per hour, gasoline costs $3 per gallon, and maintenance on the vehicle is $0.15 per mile. According to these rates, what is the total cost of this trip for the company?
Business
1 answer:
DanielleElmas [232]3 years ago
8 0

Answer:

The total cost of this trip for the company is $1,124.

Explanation:

Distance Drove = 480 miles

Speed = 60 miles per hour

Gas consumption = 480 / 20 = 24 gallons

Time Taken = 480 / 60 = 80 hours

Gallon of Gas Rate = $3 per gallon

Employee Pay rate = $12 per hour

Maintenance cost = $0.15 per mile

Total Cost of Trip for the company = ( 24 x $3 ) + ( 80 x $12 ) + ( 480 x $0.15 )

Total Cost of Trip for the company = $72 + $960 + $72

Total Cost of Trip for the company = $1,124

You might be interested in
Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases
Murljashka [212]

Answer:

The difference is $612

Explanation:

By using the Periodic inventory system Fulbright Corp. calculates its Cost of Sales and Inventory at the end of a certain period. In this case at year end.

FIFO

FIFO assumes that the units to arrive first will be sold first. Meaning inventory will be valued using recent prices.

FIFO inventory = 36 units x $122 = $4,392

LIFO

LIFO assumes that the units to arrive last will be sold first. Meaning that the inventory will be valued using earliest (old) prices.

LIFO inventory = 36 units x $139 = $5,004

Conclusion

Difference = LIFO inventory - FIFO inventory

                  = $5,004 - $4,392

                  = $612

3 0
3 years ago
Releasing more information, in a common-value auction is a. ​Good for the bidders because it reduces the risk that they face b.
neonofarm [45]

Answer:

d. ​Both A&B

Explanation: Auction is a term used in the field of marketing or trading of goods where bidders are allowed to make bids(amount which they intend to pay for a given product) the Product can either be an Artwork or other goods like furniture,Cars, clothes etc.

A common value auction is a type of auction where certain information about the value of a product are available to some bidders and other sets of bidders have other information about the value.

DISPLAYING INFORMATION ABOUT A COMMON VALUE AUCTION IS GOOD FOR THE BIDDERS AS IT REDUCES THE RISK THEY FACE ESPECIALLY BEFORE BUYING THE PRODUCT AND FOR THE AUCTIONEER AS IT HELPS TO ATTRACT MORE BIDDERS.

3 0
2 years ago
If goods are sold on terms fob shipping point, the ________.
dsp73
<span>Buyer normally pays the transportation costs</span>
8 0
3 years ago
What is the var of a 10 million portfolio with normally distributed returns at the 5% VaR? Assume the expected return is 13% and
Kitty [74]

Answer and Explanation:

The computation is shown below:

1. VaR = Expected return - z × Standard deviation  

= 13% - 1.645 × 20%

= -19.90%

Therefore the option a is the correct answer.

2) Now the correlation coefficient is

Variance of the portfolio  = (weight of A × Standard deviation 1)^2 + (weight of B × Standard deviation 2)^2 + (2 × weight of A × weight of B × Standard deviation 1 × Standard deviation 2 × correlation 1 and 2)

3.80% = (60% × 24%)^2 + (40% × 18%)^2 + (2 × 60% × 40% × 24% × 18% × correlation 1 and 2)

So the correlation is 0.583

8 0
3 years ago
Executives at Southwestern Construction have noticed that the company's construction team in the Phoenix office is more efficien
zimovet [89]

Answer:

The correct answer is (B)

Explanation:

Information is a significant resource for any organization, and it must be utilized to realize positive changes and further benefit. To engage different team will help the organisation to discuss databases, reports, records, documents, budget summaries, methodology, arrangements and it also helps to understand what other team are doing to get better results and what other things should be done to achieve efficiency

5 0
2 years ago
Other questions:
  • What is meant by centralised direction?
    7·1 answer
  • When the price level decreases:
    11·1 answer
  • Currently baldwin is paying a dividend of $15.64 (per share). If this dividend were raised by $3.64, given its current stock pri
    15·1 answer
  • 1. Explain the meaning of Newton's Law of<br>Gravitation.​
    15·1 answer
  • When the marketing student said, "It's really hard for me to get to class on time without a car," she was entering which stage o
    15·1 answer
  • The following units are available for sale during the year:
    5·1 answer
  • Your company has two​ divisions: One division sells software and the other division sells computers through a direct sales​ chan
    6·1 answer
  • 9. Problems and Applications Q9 Purchasing-power parity holds between the nations of Ectenia and Wiknam, where the only commodit
    15·1 answer
  • Computer user support is another name for:
    9·2 answers
  • Paola and Isidora are married; file a joint tax return; report modified AGI of $148,000; and have one dependent child, Dante. Th
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!