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ICE Princess25 [194]
3 years ago
11

A change in quantity supplied of a product is the result of a change in

Business
1 answer:
jekas [21]3 years ago
5 0
Demand supply and market equilibrium will have many changes due to change in the quantity of a supplied product.
You might be interested in
3. A project manager is trying to complete a software development project, but cannot get enough attention for the project. Reso
Hitman42 [59]

The form of organization must the project manager be working in Functional.

<h3>What is the meaning of organization?</h3>

Organization refers to the group of the people working together in order to achieve organizational goal. The aim of every organization is maximization of the profits.

In the above case, the project manager is trying to complete a software development project but is unable to get the attention on the project. all the resources are under completion of the different works.

This implies that form of organization must the project manager be working in Functional because he has little powers to make the use of the resources.

Learn more about the project here:

brainly.com/question/15999858

#SPJ1

7 0
1 year ago
Suppose that you have the option to lease a new car, which you otherwise intend to purchase for $21,000. The lease terms: $3000
slava [35]

Answer:

The amount that will be paid to buy the car is $18,539.43.

Explanation:

This can be calculated using the following 3 steps:

Step 1: Calculation of the present of the monthly payment

Since the payments are made at the beginning of each month, this can be calculated using the formula for calculating the present value (PV) of annuity due given as follows:

PVM = P * ((1 - (1 / (1 + r))^n) / r) * (1 + r) .................................. (1)

Where;

PVM = Present value monthly payments = ?

P = Monthly withdraw = $298

r = monthly financing rate = Financing rate / Number of months in a year = 5.4% / 12 = 0.054 / 12 = 0.0045

n = number of months = 48

Substitute the values into equation (1), we have:

PVM = $298 * ((1 - (1 / (1 + 0.0045))^48) / 0.0045) * (1 + 0.0045) = $12,896.55

Step 2: Calculation of the present of the purchase amount at lease expiration

This can be calculated using the present value formula as follows:

PVP = P / (1 + r)^n  .................................. (2)

Where;

PVP = Present value of the purchase amount at lease expiration = ?

P = Purchase amount at lease expiration = $7000

r = monthly financing rate = Financing rate / Number of months in a year = 5.4% / 12 = 0.054 / 12 = 0.0045

n = number of months = 48

Substitute the values into equation (2), we have:

PVP = $7000 / (1 + 0.0045)^48 = $5,642.88

Step 3: Calculation of the amount that will be paid to buy the car

This can be calculated as follows:

Amount to pay to buy car = PVM + PVP ............... (3)

Where:

PVM = Present value monthly payments = $12,896.55

PVP = $5,642.88

Substitute the values into equation (3), we have:

Amount to pay to buy car = $12,896.55 + $5,642.88 = $18,539.43

Therefore, the amount that will be paid to buy the car is $18,539.43.

5 0
2 years ago
Paul Company completed the salary and wage payroll for the month of March. The payroll provided the following details: Salaries
ololo11 [35]

Answer:

wages expense 212,000 debit

           Income tax payroll payable 42,400 credit

           FICA payable                        16,900 credit

           insurnace premium payable 4,000 credit

           wages payable                   148,700 credit

--to record wages to employees--

payroll tax expense 19,400  debit

        FICA payable                     19,400 credit

--to record employeed payroll taxes--

Income tax payroll payable 42,400 debit

FICA payable                        33,800 debit

insurnace premium payable 4,000 debit

            Cash                                         80,200 credit

--to record payment to gevernment agencies--

Explanation:

We have to deduct from the wages the employee deductions

the remaining is the wages payable

Then, we record the same amount of fica as expense as we, the employer are paying them

Then we debit all the liaiblities which arise from the employees and credit cash for the total amount

6 0
3 years ago
A print shop runs a two-station binding line, in which the first station punches holes in the pages and the second station insta
ycow [4]

Answer:

Punching machine

Explanation:

The computation is shown below:

Punching actual output = Both punching and the binding output + punching output

= 8,000 + 5,000

= 13,000 pages per hour

But the punching machine process to 15,000 pages per hour

Now the utilization rate of punching is

= 13,000 ÷ 15,000

= 0.867 pages per hour

Now for binding

The actual output is 8,000 pages per hour

Binder processing to 10,000 pages per hour

So, the utilization rate is

= 8,000 ÷ 10,000

= 0.8 pages per hour

As we can see that the utilization rate of punching is higher that results the bottleneck

8 0
3 years ago
Tom’s Tax Services is a small accounting firm that offers tax services to small businesses and individuals. A local store owner
SCORPION-xisa [38]

Answer:

It would need to charge at least 66,960 to break even.

But it should offer his normal fee

Explanation:

Sales revenue 736,000

Cost Labor      (466,000)

Lease                 (49,300)

Rent                   (42,400)

Supplies            (32,300)

Tom salary     <u>    (73,500)  </u>

Operating profit 50,500

increase in labor cost 58,800

increase in lease           4,930

supplies increase          3,230

the rent is a fixed cost, it would not change.

Total incremental cost: 66,960‬

It would need to charge at least 66,960 to break even.

Anyway, Tom should offer their normal fee as this job takes responsabilities and use Tom capacity to attend other client as it would invest time on this store rather than other projects

7 0
3 years ago
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