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zimovet [89]
3 years ago
7

Marigold Corp. provides financial consulting and has collected the following data for the next year’s budgeted activity for a le

ad consultant. Consultants’ wages $100000 Fringe benefits $32500 Related overhead $27500 Supply clerk’s wages $17500 Fringe benefits $3000 Related overhead $19000 Profit margin per hour $20 Profit margin on materials 15% Total estimated consulting hours 5000 Total estimated material costs $158000 A consulting job takes 20 hours of consulting time and $180 of materials. The client’s bill would be $1220. $1072. $892. $1292.
Business
1 answer:
charle [14.2K]3 years ago
7 0

Answer:

$1220

Explanation:

Total Consultant's wage and benefits = $100,000 + $32,500 + $27,500 = $160,000

Consultant's wage and benefits per hour = $160,000 ÷ 5,000 = $32.00

Price per hour = $32.00 + $20.00 = $52.00

Client's bill = ($52 × 20) + 180 = $1,220

Therefor, the Client's bill is $1,220.

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The 2016 financial statement of Willamette Valley Vineyards reported Net revenues of $19,425,412 and Cost of goods sold of $7,20
Sonja [21]

Answer:

Option B : 0.64

Explanation:

Inventory Turnover 2016 = COGS÷ Average Inventory

Inventory Turnover 2016= 7,204,884 ÷ Average Inventory

Average Inventory = <u>Opening Inventory + Closing Inventory</u>

                                                             2

Average Inventory = <u>11,970,656 + 10,632,462</u>

                                                 2

Average Inventory = 11,301,559

Inventory Turnover 2016 = 7204884 ÷ 11301559

Inventory Turnover 2016 = 0.64

4 0
3 years ago
A commercial building worth $400,000 is insured under a Commercial Property policy for $240,000, and an 80% coinsurance clause a
Mekhanik [1.2K]

Answer: $15,000

Explanation: The 80% coinsurance clause on the property means that the insurance policy holder is agreeing to contribute up to 80% of the property's worth. Hence in the event of a loss to the building worth $20,000; the insures policyholder would receive :

(Actual contribution/expected contribution) x value of loss to the property

Where : Expected contribution = 80% of property's worth

ie (80/100) x $400,000 = $320,000

then the insured is to receive: ($240,000/$320,000) x $20,000 = $15,000

4 0
4 years ago
What are the roles of resource owners in the economy
olga55 [171]

Answer:

The resource owners acts as the suppliers of factors of production like land, labor, capital or entrepreneurship to the businesses which pay these resource owners with either wages, rent, interest or profit.

5 0
3 years ago
Suppose the government of Spartania increased its spending by $900 million to fight a recession. If the government’s budget was
Nina [5.8K]

Answer:

b. the government will have a balanced budget

3 0
3 years ago
Any factor that leads businesses to collectively expect lower rates of return on their investments ______ investment demand.
ANTONII [103]

Any factor that leads businesses to collectively expect lower rates of return on their investments <u>reduces investment </u><u>demand</u>.

The aggregate call includes consumption and funding demand. aggregate call for is the call for of total items and services in the economy as it is not possible to be counted all the bodily quantities the overall expenditure on all goods and offerings are taken into consideration.

Investment call for refers to the demand with the aid of corporations for physical capital items and offerings used to hold or extend its operations. Think of it because the workplace and factory space, machinery, computer systems, desks, and so forth might be used to operate an enterprise.

Funding is a part of combination demand; modifications in funding shift the aggregate call for curve by the amount of the preliminary exchange times the multiplier.

The question is incomplete. Please read below to find the missing content.

Any factor that leads businesses to collectively expect lower rates of return on their investments _____.

Multiple choice question.

A) reduces output

B) increases output

C) increases investment demand

D) reduces investment demand

Learn more about  demand here brainly.com/question/24384825

#SPJ4

7 0
2 years ago
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