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Julli [10]
3 years ago
11

High Roller Inc. is trying to decide whether to buy a private jet or to lease one. The finder's fee is incurred only if the priv

ate jet is bought. The finder's fee is what type of cost for this decision?
Business
2 answers:
tatyana61 [14]3 years ago
8 0

Answer:

relevant

Explanation:

Based on the scenario it can be said that the finder's fee would be considered to be a relevant cost for this decision. This type of cost refers to costs that can be avoided but are instead incurred as a consequence to a specific business decision. Which seeing as the fee in this scenario is only incurred if the company decides to buy instead of leasing then it is a relevant cost.

user100 [1]3 years ago
7 0

Answer:

The finders fee charged on High Roller Inc is a Relevant Cost for decision making/

Explanation:

Relevant costs for decision making  are expenditure which will be incurred as a result of making a decision. Any costs which would be incurred whether or not the decision is made is relevant to the decision.

The relevant cost concept is extremely useful for eliminating extraneous information from a particular decision-making process.

Also, by eliminating irrelevant costs from a decision, management is prevented from focusing on information that might otherwise incorrectly affect its decision.

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Which form of transportation is the dominant form of domestic transportation?
otez555 [7]
Car or vehicle should be the answer or try automotive transport
6 0
3 years ago
What impression does it give if you are text messaging or listening to music while waiting to be called into an interview?
mylen [45]
It would give me the impression that you’re not interested in the interview. If someone walked into an interview while doing the above personally I would see them as “having better things to do”

Anyways, Hope this somehow helps!
3 0
3 years ago
Parker Corporation has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply ma
AnnyKZ [126]

Answer:

Unitary cost= $62.5

Explanation:

Giving the following information:

Predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. At the beginning of the year, manufacturing overhead and direct labor-hours for the year were estimated at $50,000 and 20,000 hours.

Materials costs on the job totaled $4,000 and labor costs totaled $1,500 at $5 per hour.

First, we need to determine the allocated MOH:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 50000/20000= $2.5 per direct labor hour

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base= 2.5* (1500/5)= $750

Total cost= 4000 + 1500 + 750= $6,250

Unitary cost= 6250/100= $62.5

3 0
3 years ago
Gina made a down payment on a motorcycle. What incentive did she have for making a down payment?
8_murik_8 [283]

Answer:

A reduced time in debt

Explanation:

Gina intends to purchase that motorbike on credit. By making a down-payment, Gina is reducing the amount she needs to borrow to buy the bike.

A reduced loan amount means that Gina will require less to repay. It also implies that the interest to be paid will reduce. Making the down-payment helps Gina stay in debt for a short period.

7 0
3 years ago
Celeste Nossiter borrowed $6200 from her father to buy a used car. She repaid him after 9 months, at an annual interest rate of
Pie

Answer:

$6,530.15

Explanation:

Calculation:

First, converting R percent to r a decimal

r = R/100

= 7.1%/100 = 0.071 per year.

Putting time into years for simplicity,

9 months / 12 months/year = 0.75 years.

Solving our equation:

A = 6200(1 + (0.071 × 0.75)) = 6530.15

A = $6,530.15

The total amount accrued, principal plus interest, from simple interest on a principal of $6,200.00 at a rate of 7.1% per year for 0.75 years (9 months) is $6,530.15.

3 0
3 years ago
Read 2 more answers
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