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UNO [17]
3 years ago
10

A real estate agent is considering changing her cell phone plan. There are three plans to choose from, all of which involve a mo

nthly service charge of $20. Plan A has a cost of $.42 a minute for daytime calls and $.17 a minute for evening calls. Plan B has a charge of $.52 a minute for daytime calls and $.15 a minute for evening calls. Plan C has a flat rate of $80 with 275 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening.a. Determine the total charge under each plan for this case: 150 minutes of day calls and 70 minutes of evening calls in a month. (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)b. If the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal? (Round each answer to the nearest whole number.Include the indifference point itself in each answer.)c. Suppose that the agent expects both daytime and evening calls. At what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans A and B?
Business
1 answer:
Anni [7]3 years ago
8 0

Answer:

req 1)

Plan A

0.42 x 150 + 0.17 x 70 = 74.9

Plan B

0.52 x 150 + 0.15 x 70 = 88.5

Plan C  $80

req 2)

from 0 to 190 minutes Plan A

from 191 and beyond Plan C

req 3)

the proportion should be 1/6 daycalls and 5/6 evenings

Explanation:

150 day calls

70 minutes evening calls

Plan A

0.42 x 150 + 0.17 x 70 = 74.9

Plan B

0.52 x 150 + 0.15 x 70 = 88.5

Plan C  $80

2) A will be preferable to B as it has the lower cost

now at some point C will be better as the cost is a flat rate

80 dollars / 0.42 per minute = 190.47

3) 0.42X + 0.17Y = 0.52X + 0.15Y

a minute of daycall is 10 cent higher in plan B

while a minute of evening call is 2 cent lower

thus, to balance there was to be 5 times more evening call than day times:

1:5 1 + 5 = 6

the proportion should be 1/6 daycalls and 5/6 evenings

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A local partnership is liquidating and is currently reporting the following capital balances: Barley, capital (50% share of all
lesya692 [45]

Answer:

Barley $29,000; Carter $23,000 ;Desai $0

Explanation:

Calculation to determine How much of this money should each of the partners receive

PARTNER WITH DEFICIT CAPITAL BALANCE

Barley,Capital(50%) Carter,Capital(30%)

Desai,Capital(20%)

Reported balances $44,000 $32,000 $(24,000)

Potential loss from Desai deficit

(split 5/8:3/8)

($15,000)($9,000) $24,000

Barley (5/8*$24,000=$15,000)

Carter (3/8*$24,000=$9,000)

Desai($15,000)($9,000) =$24,000

Cash distributions $29,000 $23,000 $0

Barley ($44,000-$15,000=$29,000)

Carter, ($32,000-$9,000=$23,000)

Desai($24,000-$24,000=0)

Therefore The amount of the money that each of the partners should receive is :

Barley $29,000; Carter $23,000 ;Desai $0

8 0
2 years ago
Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead
Ivanshal [37]

Answer:

The correct answer is option (b).

Explanation:

According to the scenario, computation of the given data are as follows:

first we calculate the predetermined OH, then

Predetermined OH rate = Estimated Manufacturing OH Cost ÷ Estimated Direct Labor Hours

= $451,140 ÷ 61,800

= 7.3

So, Applied MOH = 60,500 × 7.3 = $441,650

So, Underapplied OH = Actual MOH - Applied MOH

= $532,000 - $441,650

= $90,350 (under applied)

6 0
3 years ago
The Phoenix Corporation's fiscal year ends on December 31. Phoenix determines inventory quantity by a physical count of inventor
lutik1710 [3]

Answer:

1. Merchandise held on consignment for Trout Creek Clothing.

  • Excluded from the company's year-end inventory because they belong to another company.

2. Goods shipped f.o.b. destination on December 28 that arrived at the customer's location on January 4.

  • Included in the company's year-end inventory because FOB destination shipments transfer ownership only after they are delivered, not while on transit.

3. Goods purchased from a vendor shipped f.o.b. shipping point on December 26 that arrived on January 3.

  • Included in the company's year-end inventory because FOB shipping point shipments transfer ownership after they leave the seller's facilities.

4. Goods shipped f.o.b. shipping point on December 28 that arrived at the customer's location on January 5.

  • Excluded from the company's year-end inventory because FOB shipping point shipments transfer ownership after they leave the seller's facilities, so they belong to the buyer now.

5. Phoenix had merchandise on consignment at Lisa's Markets, Inc.

  • Included in the company's year-end inventory because merchandise on consignment belong to the company, not to Lisa' Market.

6. Goods purchased from a vendor shipped f.o.b. destination on December 27 that arrived on January 3.

  • Excluded from the company's year-end inventory because FOB destination shipments transfer ownership only after they have been delivered, not while in transit.

7. Freight charges on goods purchased in 3.

  • Included in the company's year-end inventory because freight costs under FOB shipping point are paid by the buyer.

3 0
3 years ago
If a U.S. citizen could buy £25,000 for $100,000, the rate of exchange for the pound would be
Natalka [10]

Answer:

<u>The rate of exchange for the £ is US$ 4</u>

Explanation:

1. Let's check the information provided to answer the question correctly:

Amount the U.S. citizen want to buy in £ = 25,000

Amount the U.S. citizen will pay in US$ = 100,000

2. Let's calculate the rate of exchange for the British pound £, this way:

Rate of exchange = Amount in US$/Amount in £

Rate of exchange = 100,000/25,000

<u>Rate of exchange = 4 US$ per £</u>

We can also express the rate for the US$, this way:

Rate of exchange = Amount in £/Amount in US$

Rate of exchange =25,000/100,000

Rate of exchange =  £ 0.25 per US$

5 0
3 years ago
Wages are an example of<br> that are involved in running a business.
lisov135 [29]

Answer:

brainliest pls

Explanation:

Wages are part of the expenses that are involved in running a business, and add value to the employee in honor of his principal protected note or net investment.

6 0
2 years ago
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