Answer:
When the minimum price is 582,500, the forth parcel WILL not be sold because the willingness to pay is LESS and no one will purchase it from the seller for atleast the minimum price.
Explanation:
Bob 620,000
Sean 750,000
Yvette 660,000
The people that will buy one of the three beachfront parcels are Bob, Sean and Yvette because they are the ones willing and has the ability to purchase the beachfront parcel of land available for sale in Asilomar.
Cho, Eric and Gianny may as well have the desire to own the beachfront land in Asilomar, but they do not have the ability to pay the selling price.
Therefore when the minimum price is 582,500, the forth parcel WILL not be sold because the willingness to pay is LESS and no one will purchase it from the seller for atleast the minimum price.
Answer:
Corbel Corporation's common fixed cost is $41,650
Explanation:
Division A contribution margin $47,700
Division B contribution Margin <u>$80,850</u> $128,550
($231,000 * 35%)
Less: Traceable fixed cost $59,700
Operating Income <u>$27,200</u> <u>($86,900)</u>
Common fixed cost <u>$41,650</u>
Answer:
c. to eliminate unemployment,B. to promote price stability and F. to control federal spending
Explanation:
Answer:
The material cost of the work in process at March 31 is d. $0
Explanation:
Note: Equivalent unit of Work in process of Material is 0 as material are added at the end of process which leads to total cost of material of work in proccess = 0.
<u>Answer:</u> This approach is called attrition.
<u>Explanation:</u>
Attrition is the process of reducing the workforce of the company due to various reasons. Here South Carolina has lot of budget constraints which forces the state to reduce the in take of new employees. This approach can also be called as hiring freeze so that the payroll can be reduced instead of doing layoffs.
The strength of the state is reduced in order to reduce the expenses and money pay outs. When there is a deficiency in the budgets actions have to be taken accordingly to minimize the effects.
