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Talja [164]
3 years ago
12

A store has issued two different coupons for its customers to use. One coupon gives customers $20 off their purchase price, and

the other coupon gives customers 20% off of their purchase. The store allows customers to use both coupons and choose which coupon to apply first. For this context, ignore sales tax. Let f be the function that inputs a cost (in dollars) and outputs the cost after applying the "$20 off" coupon, and let g be the function that inputs a cost (in dollars) and outputs the cost after applying the "20% off" coupon. A customer purchases an item for $130 and asks the cashier to apply the "$20 off" coupon first, followed by the "20% off" coupon. What is the cost of the item after the two coupons are applied?
Business
1 answer:
tamaranim1 [39]3 years ago
8 0

Answer:

Price= $88

Explanation:

Giving the following information:

One coupon gives customers $20 off their purchase price, and the other coupon gives customers 20% off of their purchase. A customer purchases an item for $130 and asks the cashier to apply the "$20 off" coupon first, followed by the "20% off" coupon.

Price= (130-f)*(1-g)= (130-20)*(1-0.20)= $88

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Watson Company purchased assets of Holmes Ltd. at auction for $1,390,000. An independent appraisal of the fair value of the asse
____ [38]

Answer:

Dr land        $278,000

Dr building  $347,500

Dr equipment $556,000

Dr inventories $208,500

Cr cash                                 $1,390,000

Explanation:

The total amount spent in acquiring the assets is $1,390,000 which needs to be shared between the assets acquired on the basis of individual values of the assets

Total of individual assets' values=$304000+$380000+ $608000+$228000=$ 1,520,000.00  

Cost attributable to land:$304000/$1520000*$1,390,000=$ 278,000.00  

Cost attributable to Building:$380000/$1520000*$1390000=$ 347,500.00  

cost attributable to equipment=$608000/$1520000*$1390000=$556,000.00

cost attributable to inventories=$228000/$1520000*$1390000 =$208,500.00  

6 0
3 years ago
A firm produces two goods q1 and q2. for economies of scope to occur, it must be true that:
Oliga [24]
For economies of scope to occur it must be true that THE COST OF PRODUCING THE TWO GOODS TOGETHER IS LESS THAN THE COST OF PRODUCING THE GOODS SEPARATELY.
The economy of scope is the proportionate savings that is gained by producing two or more different goods together, when the cost of doing so is less than that of producing each separately.
5 0
3 years ago
On January 1, Salter Corporation determined that its direct materials inventory needs to contain 6,000 pounds of materials by Ma
Ber [7]

Answer: 21000

Explanation:

Direct materials inventory desired = 6,000

Purchase of direct materials budgeted = 5000

Pounds needed for production = 5000 × 4 = 20000

The number of pounds in Salter's beginning direct materials inventory on January 1 will be:

= Direct materials inventory desired + Pounds needed for production -

Purchase of direct materials budgeted

= 6000 + 20000 - 5000

= 21000 pounds

5 0
2 years ago
Marriott International, Inc. (MAR) and Hyatt Hotels Corporation (H) are two major owners and managers of lodging and resort prop
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Abstracted earnings statement statistics for the two agencies are as follows for the latest yr (in tens of millions): Marriott Hyatt working profit.

Marriott worldwide, Inc. turned into fashioned in 1993 whilst Marriott organization break up into corporations: Marriott International, Inc., which franchises and manages houses, and Host Marriott organization (now Host inns & accommodations), which owns properties.

Marriott Global, Inc. is a main worldwide lodging enterprise with more than 8,000 residences in 139 international locations and territories. The enterprise that started out in 1927 as a 9-seat A&W root beer stands in Washington, DC is recognized these days as a top enterprise and for our advanced enterprise operations.

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8 0
1 year ago
Minor Electric has received a special one-time order for 1,500 light fixtures (units) at $5 per unit. Minor currently produces a
lara31 [8.8K]

Answer:

A special order for 1,125 units generates $1,250 in extra profit. This order (1,500 units) increases profits by $2,000

Explanation:

special order for 1,500 units at $5

regular production 7,500 units at $6

spare capacity 2,500 units (total capacity = 7,500 / 75% = 10,000)

production costs of regular units:

  • variable costs = $3 per unit
  • fixed costs = $1.50 per unit
  • total = $4.50 per unit

new machine is required that costs $1,000

regular fixed costs are not affected by special order

profit from special order:

  • total revenue = 1,500 x $5 = $7,500
  • relevant costs = 1,500 x $3 = ($4,500)
  • new machine = ($1,000)
  • additional profit from special order = $2,000

But Minor only wishes to earn $1,250 from special order, so the number of units should be:

($1,000 + $1,250) / ($5 - $3) = $2,250 / $2 = 1,125 units

6 0
3 years ago
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