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Lubov Fominskaja [6]
3 years ago
15

Suppose that the weekly price of milk is $3.40 per gallon and MPEP decides to ramp up weekly advertising by 35 percent to $150 (

in hundreds). Use the best-fitting regression model to estimate the weekly quantity of milk consumed after this advertising increase.
Business
1 answer:
nadezda [96]3 years ago
7 0

Answer:

Total Cost increase  5,253.4 unit

Explanation:

given data

weekly price a = $3.40 per gallon

ramp up weekly b = 35%

ramp up weekly  upto x = $150( in hundred)

solution

we will use here the regression equation that is

Y = a + b x    ...........................1

here Y is Total Cost and a is fixed cost and  

b is rate of variability and x is level of activity

so here put value in equation 1 we get

Total Cost Y = 3.40 + 0.35 × ( 15,000)

Total Cost  Y = 3.40 + 5,250

Total Cost increase  5,253.4 unit

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Holly would like to plan for her daughter’s college education. She would like for her daughter, who was born today, to attend co
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Answer:

Holly must save $2845.81 at the end of each year

Explanation:

first calculate the value of tuition fees at n = 18

Cash flow formula = Tuition × (1+0.07)^{n}

Discounted CF formula = Cash flow ÷ (1+0.10)^{year}

               10.00%              0

Year   Cash flows   Discounted CF

0           33,799.32  33799.32

1          36,165.28  32877.52

2          38,696.84  31980.86

3          41,405.62  31108.66

FV = $129,766.37

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N = 18

rate = 10%

using PMT function in Excel

Annual contribution = $2845.81

4 0
3 years ago
Contingent Liabilities must have the following criteria (select all that apply): Select one or more: A. The obligation is certai
Leya [2.2K]

Answer: Option B and C

                                     

Explanation: In simple words , contingent liabilities refers to the liabilities the occurrence of which depends on the happening of an event that may or may not occur in the future.

These are recorded in the accounts only when  the payment is to be made in future and that payment could be reasonably estimated.

Hence the correct option is B and C

3 0
3 years ago
Jenna isn’t sure if she should buy an extended warranty for her new laptop. Use the PACED decision-making process to help her de
Vladimir79 [104]
Problem: 
Buy extended warranty for $950 laptop or not?

Alternative:
1) Buy extended warranty
2) Not buy extended warranty

Criteria:
Practical and cost saving in the long-run

Evaluate Alternatives:
1) <span>Buy extended warranty </span>
       con:<span> pay additional $99. </span>
       pro: <span>5 year warranty coverage. </span>
       pro: repairs may be done at a local store

2) Not buy extended warranty
       pro&con: laptop comes with one-year limited warrant
       pro: no additional payment
       con: repairs will be done by manufacturer 
<span>       con: repair costs range from $50 to $450
</span>
Decision:
BUY EXTENDED WARRANTY
7 0
3 years ago
On October 1, 2022, Ivanhoe Company places a new asset into service. The cost of the asset is $87500 with an estimated 5-year li
Dimas [21]

Answer:

$3150

Explanation:

Given:

Cost of the asset purchased = $87500 (on 1st October. 2022)

Salvage value at the end of its useful life = $24500

Useful life estimated = 5 years

Question asked:

What is the depreciation expense for 2022 if Ivanhoe Company uses the straight-line method of depreciation?

Solution:

<u>As we know:</u>

Straight-Line\ Depreciation\ Expense=\frac{Cost\ - Salvage\ Value}{Useful\ Life\ of\ the\ Asset}

                                                               =\frac{87500-24500}{5} =\frac{63000}{5} =12600

Depreciation expenses per year = $12600

But we have to find depreciation expenses for 2022 for:-

From 1st October, 2022 to 31st December, 2022 = 3 months.

<em><u>Straight-Line Depreciation Expense for Partial Year = </u></em>

<em><u /></em>D\times\frac{N}{12} \\\\ D=Depreciation\ expense\ for\ a\ complete\ year.\\N= Number\ of\ months\ during\ which\ the\ fixed\ asset\ was\ available\ for\ use

Depreciation Expense for 3 months = 12600\times\frac{3}{12} =\frac{37800}{12} =3150

Therefore, the depreciation expense for 2022 if Ivanhoe Company uses the straight-line method of depreciation is $3150.

                                                             

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The director’s collaborator who has various tasks such as taking notes, keeping track of blocking, and communicating with all th
Lunna [17]

The director’s collaborator who has various tasks such as taking notes, keeping track of blocking, and communicating with all the members of the production team is the <u>stage manager.</u>

The daily management of a theater production, from dress rehearsals to performances to after-show festivities, is overseen and coordinated by a stage manager.

They set up each team, communicate with the rest of the business, and coordinate with them to make sure production runs well.

In the course of the rehearsal process, the stage manager is in charge of the following:

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<h3>What is definition of decision making?</h3>

Making a choice involves reaching a conclusion; it is a process that results in a final decision, which may or may not lead to action. Making up one's mind is a necessary or active process.

Learn more about managers:

brainly.com/question/24708179

#SPJ4

3 0
1 year ago
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