When budgeting for your immediate needs you should divide them into what two categories of expenses

Business Solutions sells upscale modular desk units and office chairs in the ratio of 3:2 (desk unit:chair). The selling prices

Doss [256]

Answer:

Results are below.

Explanation:

First, we need to calculate the selling price per composite unit:

selling price per composite unit= 1,280*0.6 + 530*0.4

selling price per composite unit= $980

Now, the unitary variable cost per composite unit:

Variable cost per composite unit= 780*0.6 + 280*0.4

Variable cost per composite unit= $580

To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per composite unit

Break-even point in units= 150,000 / (980 - 580)

Break-even point in units= 375

Finally, the number of units per product:

Desks= 375*0.6= 225

Chairs= 375*0.4= 150

4 0

3 years ago

Suppose that the salary range for recent college graduates with a bachelor's degree in economics is $30,000 to $50,000, with 25

igor_vitrenko [27]

Answer:

The Expected Earning for the college graduates is 40,000

Explanation:

The Expected Earning for a college alum with a four year college education in financial matters is determined as weighted normal all things considered, utilizing likelihood of every result as its weight.

Although the Expected Earning is;

Expected Earning = (25% × 30,000) + (50% × 40,000) + (25% × 50,000)

Expected Earning = 0.25 × 30,000 + 0.5 × 40,000 + 0.25 × 50,000

Expected Earning = 7500 + 20,000 + 12,500

Expected Earning = 40,000

7 0

3 years ago

Julio receives utility from consuming food (F) and clothing (C) as given by the utility function . In addition, the price of

AleksandrR [38]

Julio's marginal rate of substitution equals is: 0.38, which is the price of food divided by the price of clothing.

<h3>Marginal rate of substitution</h3>

Using this formula

Marginal rate of substitution=Price of food/Price of clothing

Let plug in the formula

Marginal rate of substitution=$3 per unit/$8 per unit

Marginal rate of substitution=0.375

Marginal rate of substitution=0.38 (Approximately)

Therefore Julio's marginal rate of substitution equals is: 0.38, which is the price of food divided by the price of clothing.

Learn more about marginal rate of substitution here:brainly.com/question/13401044

#SPJ1

6 0

1 year ago

Starbucks CEO Howard Schultz has made sure his employees have health insurance and work in a positive environment. He could best

Leya [2.2K]

Answer: Servant leader

Explanation: Servant leader is that leader whose main goal is to serve his followers and subordinates. All the actions that a servant leader takes is to make sure that the needs of his followers are taken care of.

This theory is sometimes used in management also we the perception that employees are the most important asset and if they are provided with proper facility their productivity will be at full, leading to development of organization.

In the given case, Starbucks CEO is taking utmost care of his employees. Hence, it is clearly a Servant leader example.

3 0

3 years ago

Joe sells the house he has lived in for 10 years to the Smith family for $300,000. He receives $50,000 more than his original pu

jasenka [17]

Answer:

$15,000

Explanation:

Joe has sold the house he has been living in for 10 years to the Smiths family

He sold the house at $300,000

Joe receives $50,000 more than the original price bargained 10 years ago

He pays the real estate agent a commission of 5%

= 5/100

= 0.05

Therefore the increase in gross domestic product can be calculated as follows

= $300,000×0.05

= $15,000

Hence, the transaction will increase the gross domestic product by $15,000

5 0

3 years ago