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Nostrana [21]
3 years ago
14

Macee Department Store has three departments, and it conducts advertising campaigns that benefit all departments. Advertising co

sts are $106,000 this year, and departmental sales for this year follow. Department Sales 1 $ 212,500 2 416,500 3 221,000 How much advertising cost is allocated to each department if the allocation is based on departmental sales?
Business
1 answer:
Zepler [3.9K]3 years ago
7 0

Answer:

The allocation of advertising costs will be as follows,

Department 1 =  $26500

Department 2 = $51940

Department 3 = $27560

Explanation:

The advertising expense will be allocated on the weightage of sales basis to each department.

The weightage of sales can be calculated by dividing the individual department sales by the total sales of all the departments. The total sales for all the departments are,

Total sales = 212500 + 416500 + 221000 = $850000

The allocation of advertising costs will be as follows,

Department 1 = (212500/850000) * 106000  =  $26500

Department 2 = (416500/850000) * 106000 = $51940

Department 3 = (221000/850000) * 106000 = $27560

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Answer:

t\approx6\hspace{3}years

Explanation:

When interest is compounded annually, we can use the following formula to calculate the amount in the account at the end of a given time period.:

FV=PV(1+r)^t

Where:

FV=Future\hspace{3}value=9140.20\\PV=Present\hspace{3}value=5000\\r=Interest\hspace{3}rate=11.2\%=0.112\\t=Time

Let's solve the previous equation for t:

Divide both sides by PV:

\frac{FV}{PV} =\frac{PV}{PV} (1+r)^t\\\\\frac{FV}{PV} =  (1+r)^t

Take the natural logarithm of both sides:

log(\frac{FV}{PV}) = log( (1+r)^t)\\\\Use\hspace{3}the\hspace{3}identity\hspace{5}log(a^b)=b*log(a)\\\\log(\frac{FV}{PV}) =t* log(1+r)\\\\Divide\hspace{3}both\hspace{3}sides\hspace{3}by\hspace{3}log(1+r)\\\\t=\frac{log(\frac{FV}{PV})}{log(1+r)}

Replace the data provided by the problem:

t=\frac{log(\frac{9140.20}{5000})}{log(1+0.112)}

t=5.682396777\approx 6\hspace{3}years

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Before government approves a merger, what must the companies prove the merger would do?
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Before government approves a merger, the company must be able to prove that the merger would lower costs and consumer prices or leads to a better product and service. A merger occur when a company joins another company or companies to form a single firm. Merger give companies the opportunity to pool their resources together and achieve better results in term of their products, services and also profits.
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Consider public policy aimed at smoking.
andreyandreev [35.5K]

Answer:

1. government shoud increase price by 50%. so it would be $3

2. larger effect 5 years from now

3. this is true due to their limited finance compared to adults

Explanation:

1. prices elasticity = % change in quantity demanded ÷ % change in price

price elasticity = 0.4

% change in dmd = 20%

% change in price = ?

0.4=\frac{0.20}{?}

we cross multiply

? = 0.20/0.4

= 0.5

= 50%

so if the government wants to reduce smoking by 20%, it has to increase the price of cigarettes by half of its price= $2 + $1 = $3

2. goods usually have more elastic demand as time goes on. So if cigarette price is permanently raised, it would have a bigger effect five years from now. This is based on the fact that the people may not feel short run effect of the increase as they would in the long run. But gradually given this increase, people may start to gradually reduce their smoking.

3. The effect of the change in price would be more felt on the teenagers. this is due to the fact that they have limited financial strength compared to adults. Also they are new to smoking compared to the adults and are more likely to be less involved in the habit.

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Answer:

A food worker should use an ice scoop when retrieving ice from ice machine

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The use of a scoop when retrieving ice from the ice machine helps to minimize the risk of ice being a source of food-borne disease.  More importantly, the food worker should ensure that his or her hands are clean and only hold the ice scoop by the handle.  

Both Canada and the US health guidelines, ice is classified as food. Some scientific research works have revealed that some viruses and bacteria can survive in freezing environments for a long time. Therefore, using an ice coop by a food worker ensures that ice is not contaminated.  

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Interestingly, in QuickBooks Online a provision was recently made to find the apps connected to an account, by clicking the Left navigation pane, then Apps.

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