Answer:
Mr. Smith’s rental expense for this insurance policy is
A. $30
Explanation:
Premiun 360
N 3
year 120
From July to December 60
Duplex insurance e/one 30
Answer:
$950 in order to maximize the revenue.
Explanation:
The computation of monthly rent in order to maximize revenue is shown below:-
R (x) = Rent price per unit × Number of units rented
= ($900 + $10 x) × (100 - x)
= $90,000 - 900 x + 1000 x - 10 x^2
R (x) = -10 x^2 + 100 x + $90,000
Here to maximize R (x), we will find derivative and equal it to zero
R1 (x) = -20 x + 100 = 0
20 x = 100
x = 5
Therefore the monthly rent is p(5) = $900 + 10(5)
= $900 + 50
= $950 in order to maximize the revenue.
<span>Julio is using the foot-in-the-door technique. He is asking his professor for a smaller extension on the paper to which his professor agreed. He has gotten his "foot in the door", after which he decided to ask an even bigger request since the professor already agreed the first time figuring that it may work.</span>
Answer: The decision to migrate is an investment decision based on differences in earnings.
Explanation: Migration is the process of individuals moving from an original place to a new location in search of safer place or better income. A migration for better income is an investment decision that if successful would yield an increase in earnings for the individual.
Answer:
d. $14,916
Explanation:
<em>Note that Jane Industries uses FIFO method of process costing.</em>
Step 1 : Equivalent Units in respect of materials
Materials = 3,000 x 0 % + 8,200 x 100% + 2,200 x 100%
= 10,400 units
Step 2 : Cost per Equivalent unit in respect of materials
Cost per Equivalent = $70,700 ÷ 10,400 units
= $6.80
Step 3 : direct materials cost assigned to ending work-in-process
Ending work-in-process (Materials Cost) = 2,200 x $6.80
= $14,960
