Answer: $0.06
Explanation:
The standard direct materials cost per bar of chocolate will be:
Cocoa:
Quantity = 480 lbs.
Price = $0.40 per lb
Amount = $192
Sugar:
Quantity = 150 lbs.
Price = $0.60 per lb
Amount = $90
Milk:
Quantity = 120 gal
Price = $1.70 per gal
Amount = $204
Total amount = $192 + $90 + $204 = $486
Since there are 8100 bars of chocolate, the cost per bar will be:
= $486 / 8100
= $0.06
Answer:
A. your friend most likely should not be quite so excited because the extremely high cost of living in New York City means his real salary increase will be less than he imagined.
Explanation:
Here are the options to this question :
A. your friend most likely should not be quite so excited because the extremely high cost of living in New York City means his real salary increase will be less than he imagined.
B. your friend has no reason to be excited because higher pay implies more job responsibilities and more working hours.
C. your friend has every reason to be excited because he will be getting paid 120% of what he used to be paid.
D. your friend has reason to be excited because in a bigger city he will have more things to do and his higher salary will allow him to spend on those activities.
Cost of living in a big town is higher than living in a small town. Even though the nominal income of my friend has increased, the real income might not have increased due to the high cost of living in a big city.
Nominal income is the money income being earned. My friend's nominal income would increase from $50,000 to $60,000 if he takes the new job.
Real income is the purchasing power of income
Answer: 0.4%
Explanation:
Given that,
At every time a fund manager trades stock, then
Transaction costs = 0.4% of the value of the trade
Portfolio turnover rate = 50% ; On an average, 50% of the portfolio stock is sold and exchange with the other securities every year.
Trading costs on selling orders = 0.4%
Trading costs on buying orders = 0.4%
Therefore,
Total return of the portfolio reduced by trading costs:
= 0.4%
business broker's
Explanation:
Business Brokers are the professionals who help purchase business in return of commission.
Answer:
Private Savings = $4 Trillion
Explanation:
Given that
GDP = Y = 15 Trillion
Taxes = T = 1 trillion
Consumption = C = 10 trillion
Recall that
Private Savings = Y - T - C
Therefore,
Private savings = 15 - 1 - 10
= $ 4 Trillion
