Match the items with their descriptions.

A spider has one shoe and one sock for each of its eight legs. In how many different orders can the spider put on its socks and

12345 [234]

Answer:

The probability to put sock and shoe on all legs is 1/2^8. Therefore the number of correct permutations must be 16!/2^8.

Explanation:

There are two actions for each leg - the sock and then the footwear. All we need to know is to determine a sequence when each leg has been worked on. That is 16/2 for the first section, 14/2 for the second, and so on...

Equivalently, the multinomial coefficient would be (16/2,2,…, 2) = 16!/2^8.

8 0

4 years ago

Variable and absorption costing and breakeven points. Camino, a leading firm in the sports industry, produces basketballs for th

Artyom0805 [142]

Answer:

1 VARIABLE COSTING ABSORPTTION THROUGHPUT

sales 4800000 4800000 4800000

opening stock 0 0 0

produced 2940000 3320000 1260000

closing 140000 158095.24 60000

cost of sales 2800000 3161904.762 1200000

contribution 2000000 1638095.238 3600000

direct labour 1680000

fixed cost

admin 660000 660000 660000

manufacturing 380000 380000

net income 960000 978095.2381 880000

2. variable absorption throughput

breakeven $218,487 $160,976 121353.5589

3. units to be sold 145000 87640.44944 332000

Explanation:

UNIT COST 7 7.90 3

material 3 3 3

labor 4 4

fixed cost 0.90

produced units

opening 0 0 0

produced 420000 420000 420000

closing 20000 20000 20000

sold 400000 400000 400000

breakeven = fixed cost / contribution per unit

3. change in unit cost

variable absorption throughput

material 4 4 4

labour 4 4

fixed cost 0.9

unit cost 8 8.9 4

sales

opening stock

produced

closing

cost of sales

contribution 1160000 780000 1328000

direct labour 168000

fixed cost

admin 660000 660000 660000

manufacturing 380000 380000

net income 120000 120000 120000

to get the amounts for the closing stock, opening stock, produced and sold we multiply by unit cost

to get produced units we take sold stock plus closing stock less openning stock

to get the units that must be sold to make net income of 120 000

we do bottom up approach and can stop at contribution then divide it by contribution per unit.

7 0

3 years ago

Michael has been saving his money and wants to invest it. After doing some research, he has decided to invest $20,000 into a Cer

alekssr [168]

The consideration given to the bank for providing loan facility, in return of such facility an amount is paid which is over and above the principle amount of loan, this amount can be said as interest.

Interest are of two types i.e. (a) Simple interest (b) compound interest

<h3>simple interest</h3>

The amount of interest which is calculated at a fixed predetermined rate every year on the principle amount and paid until the loan is settled in full.

Given in the Question

Principle is $20,000

Rate is 3%

Time is 1 year

<h3>Calculation</h3>

The simple interest is calculated by multiplying principle with the rate and than the outcome is multiplied with time to find simple interest.

$\begin{aligned} \rm \ Simple\:Interest&= Principle \times Rate \times Time\\
\\
\rm \ Simple\:Interest&= \$ 20,000 \times 3 \times 1\\
\\
\rm \ Simple\:Interest&= \$600 \end$

Therefore the amount of interest received by Michael at the end of first year on an amount of $20,000 at a interest rate of 3%will be $600.

Learn more about simple interest here:

brainly.com/question/9895511

7 0

3 years ago

The accumulated net income earned since the inception of the corporation and not yet paid to shareholders is referred to as ____

Ilya [14]

Answer:

The correct answer is Retained earnings.

Explanation:

The retained earnings or retained earnings are those benefits that the company has earned and that instead of sharing among the shareholders, they decide to invest in the company itself.

These profits can be used to achieve greater growth of the company, such as increasing the workforce, improving the budget dedicated to research or obtaining a liquidity fund that allows the company to remedy possible emergency situations in the future.

Sometimes they are very useful for the company, since they allow the company to finance itself with its own money, thus avoiding financial loans that can have an important cost.

3 0

4 years ago

Assume it costs Lady Marion Seafood, Inc. $30 to each catch, process, freeze, package, and ship 5 pound packages of Alaskan Salm

saul85 [17]

Answer:

Standard markup pricing

Explanation:

Standard markup is a quick and easy way to find out how much you pay for your goods or services.

After calculating the actual cost of the product, the seller or business owner adds a percentage of the actual cost of the product to arrive at its selling price.

so here

Actual cost = $30

Markup = 60% of actual cost

Markup = 0.6 × $30

Markup = $18

so selling price is

selling price = $(30 + 18)

selling price = $48

4 0

3 years ago