Answer:
Note: The full question is attached as picture below
Glucometer company's Total cost can be calculated as $3000 + $500*4 = $5000
Also we can find the customers served in four years of visit = 80*300*4 = 96,000 customers
Also, by estimating that each customer pays $1 for utilizing the machine, the hospitals can make an estimated revenue of $96000.
=> Anything below the range of $96,000 will be an advantage for the hospitals and anything to the rise of $5,000 will be an advantage for the Glucometer Company.
Thus the price of these machines should be decided between the ranges to collate on the revenue goals of the Glucometer Organization.
Answer:
a. $29,500
b. $28,100
c. $12,000
d. $16,100
Explanation:
The computation is shown below:
a. Gross income
= Salary + interest income
= $28,000 + $1,500
= $29,500
b. Adjusted gross income
= Gross income - deductions for adjusted gross income
= 29,500 - $1,400
= $28,100
c. The standard deduction or itemized deduction for the year 2018 is $12,000
d. Taxable income
= Adjusted gross income - standardized deductions
= $28,100 - $12,000
= $16,100
Answer:
2. Participants might give socially desirable or false answers rather than honest ones because the questions are transparent.
Explanation:
A questionnaire comprises of questions in open-ended or closed-ended formats used to effectively get informations from a selected sample size in a specific period of time. When designed correctly or properly, questionnaires can be used to gather user data(thoughts, views, opinions) in a short period of time.
The problem associated with the rational method of developing questionnaire items is that participants might give socially desirable or false answers rather than honest ones because the questions are transparent.
B. an integrated and coordinated set of commitments and actions the firm uses to gain a competitive advantage by exploiting core competencies in a specific product market.
Answer:
The product is composed of mass produced homogenous units.
Explanation:
Process costing is utilized when there is a large production of products that have similar features. In process costing the cost of each product produces is equivalent to the cost of other products. Example of products that undergo process costing include:chemicals, processed foods, textiles, paper, oil refinery, soap.
In process costing, the finished product gotten from each stage becomes the raw material of the next stage till the last stage of completion.
The production of product in process costing is continuous and the final product derived from the production process is as a result of a sequence of processes.
