Answer:
Option (c) is correct.
Explanation:
Given that,
Bread Machines:
Sales price = $160
Variable costs = $70
Production capacity = 2,000 machine hours per month
Contribution margin = Selling price - Variable cost
= $160 - $70
= $90
Contribution margin per machine hour for bread machines:
= Contribution margin × Unit per hour
= $90 × 4
= $360
Answer:
3.22%
Explanation:
Standard Deviation is the quantity that shows how much a each element of a group differs from the mean of the group on average.
Standard Deviation of the PG&E's monthly return is 3.22%. All the calculations and workings are done in an MS Excel file, which is attached with this answer, please find it.
Answer:
$85,260.
Explanation:
The Pound industries customer service department incurs $203,000 when 7,000 calls were made. The calls allocated to wholesale operations are 2,940 calls. To identify cost per call, we divide total cost by number of calls initiated.
Cost per call = $203,000 / 7000 calls
Cost per call = $29.
Wholesales operations cost = No. of calls for wholesale operation / Cost per call.
Wholesale operations cost = 2,940 calls * $29 / call
Wholesale operation cost allocated amount = $85,260.
If consumers' surplus is $30 and the price paid for the good is $50, then the maximum price a buyer is willing and able to pay for the good is $20. To solve for this question, subtract the surplus amount of $30 and the actual price paid of $50 together. Consumer surplus is defined as the difference in the amount of money that a consumer is willing to pay vs what they actually pay for a good or service.
Answer:
it will take 20.75 year to reach amount $20000
Explanation:
It is given that average worker in China makes $5000 per year
So principal amount P = $5000
It is given that wage are keeping up with a rate of 7%
So rate of interest r = 7 %
We have to find the time in which amount will become $20000 per year
We know that total amount is given by 
, here n is time period and r is rate of interest
So 
So 
Taking log both side
n = 20.75 year
So it will take 20.75 year to reach amount $20000
