1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
inysia [295]
3 years ago
15

Slappy Corporation leases its corporate headquarters building. This lease cost is fixed with respect to the company's sales volu

me. In a recent month in which the sales volume was 20,000 units, the lease cost was $482,000. To the nearest whole dollar, what should be the total lease cost at a sales volume of 16,900 units in a month? (Assume that this sales volume is within the relevant range.)
Business
1 answer:
monitta3 years ago
5 0

Answer:

$482,000

Explanation:

The computation of the total lease cost is shown below:

For 16,900 units, the lease cost would be

= Lease cost × sales volume ÷ recent sales volume

= $482,000 × 16,900 units ÷ 20,000 units

= $407,290

This would be the answer but the least cost if fixed whether sales volume is increased or not . So, the total lease cost would remain unchanged i.e $482,000

You might be interested in
Wayne Company's beginning and ending inventories for the month of June were as follows:
ipn [44]

Answer:

d. $487,750

Explanation:

Cost of goods manufactured

<em>Consider only the manufacturing costs</em>

Cost of goods manufactured = $145,000 +  $200,000 +  $ 170,000 + ($5.75 x  25,000) - $171,000

                                                =  $487,750

Note : Only overheads applied $143,750 ($5.75 x  25,000) are added to cost of goods manufactured instead of actual overheads.

Conclusion

the amount of cost of goods manufactured is  $487,750

5 0
3 years ago
How can you price your product or service at its worth or even more? You can price your product or service at its worth or even
stealth61 [152]
You can price your products, by average, fairness is key!
3 0
2 years ago
Read 2 more answers
Never start a project unless all resources are available
Ilya [14]
Agreed! This is so true tho!
6 0
2 years ago
Fishermen’s Corp. is considering purchasing a boat. If the boat was purchased, it is expected to receive $20,000 at the end of t
ozzi

Answer:

The boat today is worth 100,440 dollars

Explanation:

We need to solve for the present value of the payment Fishermen's Corp will receive for the boat:

We will apply the formula for lump sum to each \frac{Maturity}{(1 + rate)^{time} } = PV  

cash flow and then add them together

\frac{20,000}{(1 + 0.08)^{1} } = PV  

\frac{40,000}{(1 + 0.08)^{2} } = PV  

\frac{60,000}{(1 + 0.08)^{3} } = PV  

Year Nominal     Present Value

1 20000  18, 518

2 40000 34,293

3 60000 47,630

TOTAL            100,441

5 0
3 years ago
Consider the following probability distribution for stocks A and B: State Probability Return on Stock A Return on Stock B 1 0.10
Elina [12.6K]

Answer:

<em>The expected rates of return of stocks A and B:</em>

E(RA) = 0.1*((13%) + 0.2*(12%) + 0.3*(14%) + 0.2*(15%)

E(RA) = 13.2%

E(RB) = 0.1*(8%) + 0.2*(7%) + 0.2*(6%) + 0.3*(9%) + 0.2*(8%)

E(RB) = 7.7%

<em>The standard deviation of stocks A and B are:</em>

Var(RA) = [0.1*(10%-13.2%)2^ + 0.2*(13%-13.2%)^2 + 0.2*(12%-13.2%)^2 + 0.3*(14%-13.2%)^2 + 0.2*(15%-13.2%)^2]^1/2

Var(RA) = 1.5%

Var(RB) = [0.1*(8%-7.7%)^2 + 0.2*(7%-7.7%)^2 + 0.2*(6%-7.7%)^2 + 0.3(9%-7.7%)^2 + 0.2*(8%-7.7%)^2]^1/2

Var(RB) = 1.1%

5 0
2 years ago
Other questions:
  • Ieso Corporation has two stores: J and K. During November, Ieso Corporation reported a net operating income of $30,000 and sales
    14·1 answer
  • Roland Company operates a small factory in which it manufactures two products: A and B. Production and sales result for last yea
    12·1 answer
  • Crown Company established a petty cash fund of $600 for incidental expenditures on January 2, 2019. At the end of the month, the
    14·1 answer
  • The characteristic of a partnership that gives the authority to any partner to legally bind the partnership and all other partne
    11·1 answer
  • When Palm, Inc. acquired its 100% investment in Star Co., a foreign entity, the excess of cost over book value was 10,000 FC. Th
    15·1 answer
  • Firm Yahoo has attracted the attention of Firm Verizon because of its poor operating performance. Firm Verizon believes that the
    11·1 answer
  • Read the following descriptions and identify the type of risk or term being described:
    9·1 answer
  • Two ways in which young entrepreneurs can benefit from the National Youth Development Agency​
    9·1 answer
  • The conversion factor (CF) is a national dollar amount that is applied to all services paid on the basis of the ________________
    9·1 answer
  • Explain what would happen if there was safety issue of renting the apartments
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!