Answer: Efficiency
Explanation:
Efficiency shows the highest performance level that utilizes the smallest amount of inputs to attain the biggest amount of output. Efficiency is the act of reducing unnecessary resources used in the production of a given output.
Efficiency reduces the waste of resources like energy, physical materials, and time albeit achieving the desired output. It is the aim of every organization to get the best results using the least cost. Southwest Airlines is efficient in its production since it uses its assets and time well.
Answer:
=$422,000
Explanation:
As per the contribution margin concept, the contribution margin per unit is equal to the selling price per unit minus variable costs.
Therefore, the total contribution margin is the sales minus variable costs.
The contribution margin for the west will be sales($930,000) minus variable cost($488,000)
=$930 ,000 - $488,000
=$422,000
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Answer:
The cost recorded will be $53,400
Explanation:
In this question, we are to give the value of the amount recorded as the cost of the new equipment.
By simply doing some additions, we will be okay.
mathematically, this would be
Cost of equipment recorded = cost of equipment + transportation cost + sales tax + installation cost = 48,00 + 1,200 + 2,500 + 1,700 = $53,400
From the details that are contained in the question, the portfolio standard deviation is 0.0544 or 5.44%
<h3>How to solve for the portfolio standard deviation</h3>
w1 = weight of euros 1 = 500000/800000
w2 = weight of canadian dollars = 300000/800000
Standard deviation 1 = 8%
Standard deviation 2 = 3%
Correlation coefficient = 0.30
(w1*σ1)² + (w2*σ2)² + (2* w1*σ1* w2*σ2 * 0.30)^0.5

Therefore the portfolio standard deviation is given as 0.0544 or 5.44%
Read more on standard deviation here: brainly.com/question/475676