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3 years ago

How can you determine the cost of something without concidering mearly its monitary value

Business

1 answer:

anastassius [24]3 years ago

5 0

Answer:

We can count the amount of money we need to spend to obtain that thing.

Explanation:

Monetary value is reliant on the currency that we need to exchange in order to a certain product. Currently, this type of value implementation is the one that commonly used by most people in all of our transactions.

For example,

Let's say that you go to Walmart and see a toothbrush with $3 price tags, without any additional discount. This means that the monetary value of that toothbrush is $3. That's it.

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Western Energy makes quarterly deposits into an account reserved for purchasing new equipment two years from now. The interest p

Iteru [2.4K]

Answer:

a. 2 years

b. 1 year

c. 12 times

Explanation:

Interest period is the duration of the deposit. It is the length of time the money would remain in deposit. This is 2 years according to the question

Compounding period = number of times interest would be paid. In the question, this is a year. So interest would be paid every year

The compounding frequency - it is the number of times the deposit would be compounded. It is 12 months

The future value of the deposit can be determined using this formula :

FV = P (1 + r/m)^nm

FV = Future value

P = Present value

R = interest rate

N = number of years

m = number of compounding

8 0

2 years ago

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with informatio

MrRissso [65]

Answer:

Cost of completed WIP: 30,240

Total cost of tranferreed-out: 729,990

Explanation:

We assume it works with weighted-average process costing

Beginning 9,000 50% = 4,500 $22,050

Finished goods 207,000 units

Direct Materials 212,000 units at $1.6

Direct labor $276,000

Overhead $ 107,400

Total Overhead $383,400

started 212,000 units

finished 207,000 units

ending 5,000 units at 75%

EU Conversion Cost 207,000 + 5,000 x 75% = 210,750

Cost per equivalent unit: 383,400 / 210,750 = 1,819217

Cost of beginning WIP comepleted

22,050 beginning + 1.82 x 4,500 = 30,240

Cost of the units transferred to finished goods:

22,050 beginning WIP balance

+ 207,000 x $1.6 materials

+ 207,000 x $1.82 conversion cost

Total: 729,990

7 0

3 years ago

) going to the wholesale club, one can buy toothpaste at a lower cost per unit as long as one buys 6 tubes at once. this is an e

sergejj [24]

The answer is imperfect price discrimination and this increase total producer surplus.

Imperfect price discrimination it is about the monopoly of pricing to get the customers. The seller applies a strategy to get the market from buying the products. Then set customers by the group, those who buy for wholesale gets a lower price than in retail.

6 0

2 years ago

On a 3-day fishing trip, 4 adults consumed food costing $60. for the same costs per person per day, what would be the cost of fo

sp2606 [1]

The total cost is $175.

The first thing that you need to do is calculate the per day cost per person.

$60 was spent on a three day trip. $60/2 = $20 per day. There were 4 adults on the trip, so $20/4 = $5. The cost of food is $5 per person per day.

On a trip with 7 adults the formula to solve the total cost is:

7 adults x 5 days x $5/day = $175.

6 0

3 years ago

Semenov [28]

A popular manuscript format during the Gothic period was the Moralized Bible, which paired selected scriptural passages with interpretations, using pictures and words to convey the message.
Its original name is Bible moralisée, also known as biblia pauperum (Paupers' Bible), which is a type of a Bible with illustrations for the majority of poor people who couldn't read at the time. The Church still wanted to educate even the poor about the events of the Bible, but given that they couldn't read, they introduced pictures to help them out.

8 0

3 years ago