I'm unsure What Career i would like but maybe i'll figure it out
Answer:
The company should be willing to pay for the least profitable product (TC) which is $12.4/minute
Explanation:
TC GL NG
Contribution margin / unit $99.2 $129.22 $95.76
(Selling price-Variable costs)
Contribution margin/minute $12.4 $18.2 $12.6
(Contribution margin/Minutes
on the constraint)
Conclusion: Hence, the company should be willing to pay for the least profitable product (TC) which is $12.4/minute
Working
Contribution margin / unit = Selling price-Variable costs
TC= $494.4 - $395.2 = $99.2
GL= $449.43-$320.21 = $129.22
NG= $469.68-$373.92 = $95.76
Contribution margin/minute
TC= $99.2 / 8 =$12.4
GL= $129.22/7.1 =$18.2
NG= $95.76/7.60 =$12.6
Answer:
Rights
Explanation:
According to Wikipedia, Rights are legal, social, or ethical principles of freedom or entitlement; that is, rights are the fundamental normative rules about what is allowed of people or owed to people, according to some legal system, social convention, or ethical theory. So for the manager to emphasize the importance of making decisions consistent with fundamental liberties and privileges, he needs to focus his teaching of RIGHTS because it gives them insight.
Answer:
16 years
Explanation:
we can use the present value of an annuity due formula:
PV of annuity due = payment + {payment x [1 - (1 + r)ⁿ⁻¹]/r}
- present value = 7,000
- payment = 650
- r = 0.059
7,000 = 650 + {650 x [1 - (1 + 0.059)ⁿ⁻¹]/0.059}
6,350 = 650 x [1 - (1 + 0.059)ⁿ⁻¹]/0.059
6,350 / 650 = 9.769230769 = [1 - (1 + 0.059)ⁿ⁻¹]/0.059
9.769230769 x 0.059 = [1 - (1 + 0.059)ⁿ⁻¹]
0.576384615 = 1 - (1 + 0.059)ⁿ⁻¹
(1 + 0.059)ⁿ⁻¹ = 0.423615384
n - 1 = log 0.423615384 / log 1.059 = 0.373028275 / 0.02489596 = 14.98336571
n = 14.98336571 + 1 = 15.98336571
if an attorney remains am ember for at least 16 years (16 ≥ 15.98336571), then the lifetime membership fee is better