Joe's working rate = 1/16 per hour
Joe's working rate = 1/22 per hour
Let t = hours spent when working together.
Then
t = 1/(1/16 + 1/22)
= 1/(0.0625 + 0.0455)
= 9.263 hours
= 9 hours + 0.263*60 min
t = 9 hours, 16 minutes
Answer: 9 hours, 16 minutes
Answer:
nondurable and consumer goods
Explanation:
Nondurable goods are affected by scarcity because their time life is limited. For example, if the capital goods required for its transportation or conservation of ice cream broke down, the product would ruin very easily.
Consumer goods are generally mass consumed. For example clothes are consumed by most of us during the year, but most of them are imported nowadays. Any trade barrier that delayed their supply would cause a rapid shortage.
Answer:
If Silver uses the accrual method, $195,000 in 2018 and $0 in 2019.
Explanation:
Given that,
Salaries paid during the year 2018 = $175,000
Salaries earned by the employees at the end of the year = $20,000
If the Silver, Inc. uses the accrual method,
Deduction for salary expense in 2018:
= Salaries paid during the year 2018 + Salaries earned by the employees at the end of the year
= $175,000 + $20,000
= $195,000
Deduction for salary expense in 2019 = $0
Answer:
The amount of dollar sales to be achieved to reach the goal is $343,438
Explanation:
We have the following details:
Fixed Cost = $ 38,600
Earning Required = $71,300
Hence Contribution Required= Fixed Cost+Earning Required
= ($38,600+$71,300)
= $ 109,900
We use then the following formula:
Contribution Margin ratio = Contribution Margin/Sales
32%= $ 109,900/Sales
= $ 109,900/32%
= $343,438. Amount of dollar sales to be achieved to reach the goal