The answer is Marketing Students
$875 is the amount of revenue that will be recognized.
<u>Explanation:</u>
Entire price for specialized bike will be appropriated in the ratio of individual prices of the non- specialized bikes and the maintenance contract.
The following calculation is made to calculate the revenue from the sale of a bike:
= 1400 multiply with (1000 divide by 1600)
After solving the above equation we get,
= $875 will be recognized by Neakanie at the date of sale.
Hence, the correct option will be with an amount of $875
Note: a maintenance contract is $600 and a comparable but non-specialized bike is $1,000 when added sums to $1600 amount.
Answer:
Total cost per day= $1,892.72
Explanation:
Giving the following information:
Foreman= 26.09 per hour
Cement finisher= 29.3 per hour
Labor= 24.45 per hour
Equipment operator= 34.5 per hour
<u>To calculate the total cost for one day of work, we need to multiply the hourly rate by the total number of hours.</u>
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Total cost per day= 26.09*8 + 29.3*8 + (24.45*6)*8 + 34.5*8
Total cost per day= $1,892.72
That the government should leave the economy alone and not interfere with the "natural course" of free markets and free trade.
Answer:
EOQ = 201 units
total cost = $66,007.35
Explanation:
we can calculate the EOQ using 2 different prices (it makes no sense to use $23 since the minimum order size is larger than annual demand):
EOQ = √[(2 x S x D) / H]
- S = order cost
- D = annual demand
- H = holding cost
<u>$25 per unit</u>
S = $45
D = 2,700
H = $25 x 25% = $6.25
EOQ = √[(2 x 45 x 2,700) / 6.25] = 197.18
<u>$24 per unit</u>
S = $45
D = 2,700
H = $24 x 25% = $6
EOQ = √[(2 x 45 x 2,700) / 6] = 201.25 ≈ 201 units
since both EOQs are higher than 100 units, then we must use $24 per unit
you have to make 2,700 / 201 = 13.43
total cost = (13.43 x $45) + (2,700 x $24) + (201 x $6 x 0.5) = $604.35 + $64,800 + $603 = $66,007.35
