Which of the following factors do businesses consider when assessing external data?

Social Media, Inc. (SMI) has two services for users. Toot!, which connects tutors with students who are looking for tutoring ser

Sedbober [7]

Answer:

1. Predetermined overhead rate of admin costs - $ 27 per user.

2. Profit for TOOT Service - $ 808,725

Profit for TIX Service - $ 165,800

Explanation:

Computation of predetermined overhead rate

Product TOOT 7,700 users

Product TIX 15,600 users

Total users 23,300 users

Predetermined overhead rate per user $ 629,100 / 23,300 = $ 27 per user

Allocation of Admin costs - TOOT - 7,700/ 23.300 * $ 629,100 = $ 207,900

Allocation of Admin costs - TIX - 15,600/ 23,300 * $ 629,100 = $ 421,200

2. Computation of profit per service

TOOT TIX

$ $

Revenues 1,350,000 1.040.000

Less: Engineering costs ( 333,375 ) ( 453,000 )

Less: Allocation Admin costs ( 207,900 ) ( 421,200)

Profit 808,725 165,800

5 0

4 years ago

Brad has purchased a new boat for $20,000. He paid $3,000 as down payment and he paid the balance by a loan from his hometown ba

Pachacha [2.7K]

Monthly payment = $753.45
Interest in first month = $85

First remove the amount paid as down payment:

= 20,000 - 3,000

= $17,000

The amount to be paid monthly is a constant amount which would make it an Annuity.

The $17,000 is the present value of this Annuity so the formula for present value of annuity can be used to find the annuity.

The payment is monthly so the rate and number of periods needs to be converted:

Rate = 6%/12 = 0.5%

Period = 2 x 12 = 24 months

Annuity is:

Present value of Annuity = Annuity x ( 1 - (1 + rate) ^- number of periods) / rate

17,000 = A x ( 1 - ( 1 + 0.5%)⁻²⁴) / 0.5%

17,000 = A x 22.5628662

A = 17,000 / 22.5628662

A = $753.45

The interest in the first month is:

= Interest rate x Amount borrowed

= 0.5% x 17,000

= $85

In conclusion, the monthly payments will be $753.45 and the interest in the first month will be $85.

Find out more at brainly.com/question/20691724.

6 0

3 years ago

6. Commercial banks create money by

AveGali [126]

Answer: I think is A

Explanation:

3 0

3 years ago

Read 2 more answers

An approach to listening that involves the one who is on the receiving end of a communication engaging in a series of conscious

Shkiper50 [21]

Answer: Active listening

Explanation:

In active listening, the listener is expected to fully grasp, understand and respond to what is being said. Essentially, the listener is required to give full attention to the speaker during the communication process. Interest in what the speaker is saying can be shown using verbal and non verbal cues.

3 0

4 years ago

Read 2 more answers

Students in Mr. Kester's class are practicing the strategy of organizing lecture information by using Cornell notes. Mr. Kester

Mkey [24]

Answer:

Mr. Kester's class is at Retention Phase of transfer of this strategy.

Explanation:

Retention Phase:

In learning, retention phase is defined as the stage at which an individual is feeling difficulty to understand the new concept entirely but has started to understand some concepts.

In our case, same thing is happening in the class of Mr. Kester as some of the students have learned the strategy effectively while some students are struggling.

7 0

3 years ago