Answer:
$15,146
Explanation:
$42,000 x .32197* = $13,523 (rounded)
*PV of $1: n = 10; i = 12%
Answer: 30 units per hour
Explanation:
Given that,
Total number of product = 6,000 units
Yield = $5.00 per unit
Resources contributed to this output = 200 hours of labor at $15.00 per hour
Materials = $750
Overhead = $250
Labor productivity = ![\frac{Total\ number\ of\ product}{Resources\ contributed}](https://tex.z-dn.net/?f=%5Cfrac%7BTotal%5C%20number%5C%20of%5C%20product%7D%7BResources%5C%20contributed%7D)
= ![\frac{6,000}{200}](https://tex.z-dn.net/?f=%5Cfrac%7B6%2C000%7D%7B200%7D)
= 30 units per hour
Answer:
1. $ 136,500
2. $70000
3. Medical market
Explanation:
1. Calculation to determine How much would the company's profits increase (decrease) if it implemented the advertising campaign in the MEDICAL MARKET
First is to calculate the sales
Sales = (400 000 + 70 000)
Sales = $470 000
Second step is to calculate the profit
Variable cost =$470 000 *65%
Variable cost=$305 500
Contribution =$470 000*35%
Contribution =$164,500
Fixed Expense= $28 000
Profit = $ 136,500
Now let calculate the Difference made by advertisement
Difference = 136500 - 120000
Difference=16500
2. Calculation to determine How much would the company's profits increase (decrease) if it implemented the advertising campaign in the
DENTAL MARKET
vcr Of The Dental market = 50%
Variable cost =50% $260 000
Variable cost = $130 000
Contribution = $130 000
Fixed expenses = $60 000
Profit = $70000
Now let determine difference made by the advertisement
Difference =(70000) - 48000
Difference= 22000
3. Based On the above calculation the markets I would recommend that the company focus its advertising campaign is medical market
Answer: The following statement is correct:<u><em> The dead-weight loss of the tax is $12.50.</em></u>
We can compute Dead-weight loss as :
Dead-weight loss =
× [Quantity before tax - Quantity after tax]×[
-
]
∵ Tax revenue= Tax × Quantity after tax
⇒ Quantity after tax = ![\frac{475}{0.50}](https://tex.z-dn.net/?f=%5Cfrac%7B475%7D%7B0.50%7D)
⇒Quantity after tax = 950
∴ Dead-weight loss = ![\frac{1}{2}\times[1000- 950]\times[1.90-1.40]](https://tex.z-dn.net/?f=%5Cfrac%7B1%7D%7B2%7D%5Ctimes%5B1000-%20950%5D%5Ctimes%5B1.90-1.40%5D)
⇒ Dead-weight loss = 12.50
<u><em></em></u>
<u><em>Therefore the correct option is (d)</em></u>