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ArbitrLikvidat [17]
3 years ago
11

Ronnie operates a lawn-care service. On each day, the cost of mowing the first lawn is $15, the cost of mowing the second lawn i

s $25, and the cost of mowing the third lawn is $40. His producer surplus on the first three lawns of the day is $100. If Ronnie charges all customers the same price for lawn mowing, that price is:__________a. $25
b. $30
c. $36
d. $45
Business
2 answers:
Flauer [41]3 years ago
8 0

Answer:

. $45

Explanation:

Let X be the amount of equal charges per customer.

Therefore,

X-12+X-25+X-40+X=100.

4X-77=100

4X=177

X=44.25

Approximately $45

hodyreva [135]3 years ago
4 0

Answer:

$60

Explanation:

Producer surplus is defined as the difference between the price that a producer is willing to charge for its products or services, and their actual selling price.

let S = supplier surplus

(S - $15) + (S - $25) + (S - $40) = $100

3S - $80 = $100

3S = $180

S = $180 / 3 = $60

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nordsb [41]

Answer:

D) $14,000

Explanation:

Description       Estimated life       Cost        Amortization per year

Sales office           10 years         $47,000           $4,700

Warehouse          25 years         $75,000           $7,500

Parking lot            15 years          $18,000            $1,800

total                                                                      $14,000

Even though the useful life or the warehouse and parking lot is longer than 10 years, since the lease contract is only for 10 years, then it must be depreciated in 10 years.

6 0
3 years ago
Lulzbot sells 6,000 units of its product for $500 each. The selling price includes a one-year warranty on parts. It is expected
Olin [163]

Answer:

$3,000

Explanation:

Warranty expense is an obligation on the business because business is liable to accept the claims of warranty. A estimated percentage of warranty expense is charges as an expense in each period.

Total Sales = $500 x 6,000 units = $3,000,000

Warranty Expense for the year = Sales units x 3% x warranty cost per unit

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5 0
3 years ago
Which of the following is true?
shepuryov [24]

Answer:

The correct answer is letter "A": Overhead costs are often affected by many issues and are frequently too complex to be explained by any one factor.

Explanation:

Overhead is an accounting term used for costs that must be paid, even though the company receives no profits. A company would not be able to survive without paying its overhead expenses but the costs are not connected directly to a product or service being generated. Examples of overhead costs are rent, utilities, office supplies, and maintenance.

<em> </em>

<em>Overhead costs are difficult to be traced because they can be assigned to more than one factor.</em>

5 0
3 years ago
Do women spend more time talking on the phone than​ men? a student collects data from students at her university and reports a​
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<u>Answer</u>:

<u>No</u>

Explanation:

Remember, that as used in statistics the Confidence intervals <em>only</em> ascertain the extent to which a sample is uncertainty or certainty, that is, the student report of a​ 90% confidence interval is just a probability the university population of men and women surveyed would fall under this range of value ​(minus 150,30).

Therefore, it cannot be concluded that mu​(women) is higher than mu​(men.

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3 years ago
Regarding to the location decision and supply chain management, a primary challenge is to address _______________ distribution.
luda_lava [24]
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