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Andrew [12]
3 years ago
14

Forever Quilting is a small company that makes quilting kits priced at $120 each. There is no quantity discount. The costs of th

e materials that go into each kit total $45. It costs $5 in labor to assemble a kit. The company has monthly expenses of $1,000 for rent and insurance, $200 for heat and electricity, $500 for advertising, and $4,500 for the monthly salary of its owner. Last month the company sold 150 kits. Forever Quilting's total revenue for the month wasMultiple Choice$4,300.$6,200.$7,500.$10,500.$18,000.
Business
1 answer:
Scorpion4ik [409]3 years ago
5 0

Answer:

$18,000.

Explanation:

The computation of the total revenue is shown below:

= Selling price per quilting kits × number of kits sold

= $120 × 150 kits

= $18,000

Simply we multiply the selling price and the number of kits sold so that the total revenue for the month can come.

All other information which is given is not relevant. Hence, ignored it

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Suppose the benefit of owning a painting, in terms of your personal enjoyment, is worth 5% of the value of the painting. If the
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Answer:

7%

Explanation:

It would grow by 7% each year which is the rate of return on stocks

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3 years ago
You have been at fault in your second accident in six months. your insurance company is going to increase your annual premium by
yawa3891 [41]

Your adjusted premium based on a current annual premium of $975, increased by a 28% penalty for being at fault in the second accident in six months, is <u>$1,248</u>.

<h3>What is the annual premium?</h3>

The annual premium is the amount that a policyholder pays to the insurance company for a one-year insurance policy.

The annual premium helps to guarantee payment of indemnity when the covered events occur.

This implies that the annual premium is a periodic contribution that helps in the pooling of risks by the insured to help the insurer meet its indemnity obligations.

<h3>Data and Calculations:</h3>

Current annual premium = $975

Increase in annual premium = 28%

Adjusted premium = $1,248 ($975 x 1.28)

Thus, the adjusted premium based on a current annual premium of $975, increased by a 28% penalty for being at fault in the second accident in six months, is <u>$1,248</u>.

Learn more about the annual premium at brainly.com/question/25280754

6 0
1 year ago
The SCOR model looks at a firm’s supply chain activities in three levels of increasing detail. Level 1 views SCM activities as
Tpy6a [65]

Answer:

Source processes

Explanation:

The SCOR model looks at a firm´s supply chain activities in three levels of increasing detail. Level 1 views SCM activities as being structured around five core management processes including <u>Source processes</u> which are processes that procure goods and services to meet planned or actual demand.

Supply chain operations reference (SCOR):  It is a strategic planning tool that helps in identifying, improving and communicating supply chain management decisions within the company. It is a continuous improvement process and establishing a benchmark for the industry. It also works to develop a business process for satisfying customer´s demand. SCOR is based on five management process:

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Source process: This process of supply chain management is defined as steps to procure goods and services to meet the requirement for infrastructural arrangements.

8 0
3 years ago
We use statistics when making decisions, rather than parameters, because ________________.
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Statistics are used in place of parameters for making decisions since they are simpler to collect.

<h3>What are the guidelines?</h3>

In general, a parameter is any feature that aids in describing or categorizing a certain system. In other words, a parameter is a component of a system that is crucial or useful for identifying the system or assessing its functionality, status, or other characteristics.

To describe the entire population under study, a parameter is utilized. For instance, we are interested in learning the typical length of a butterfly. This information about the total butterfly population makes it a parameter.

Three different parameter kinds,

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To learn more about parameters, refer to:

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1 year ago
When compared to combination​ e, combination c provides ▼ the same less more satisfaction to the consumer?
Volgvan

B is the answer. There you go
6 0
3 years ago
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