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Daniel [21]
3 years ago
12

You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three​ su

ppliers: Thailand Polishing​, India Shine​, and Sacramento Glow. Thailand Polishing has submitted a bid of 2,400 baht. India Shine has submitted a bid of 2,400 rupee. Sacramento Glow has submitted a bid of $240. You check with your local bank and find that​ $1 = 10 baht and​ $1 = 8 rupee. The price per unit for Thailand Polishing=​_______
Business
1 answer:
katrin [286]3 years ago
4 0

Answer:

the price per unit is $1.20

Explanation:

The computation of the price per unit for Thailand Polishing is shown below:

= 2,400 ÷ 200 polished disks

= 12 bhat/unit

Given that

$1 = 10

So, 12 baht it is

= 1 ÷ 10 × 12 baht

= $1.2

Hence, the price per unit is $1.20

The same should be considered

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Today, you invest a lump sum amount in an equity fund that provides an 8% annual return. You would like to have $11,700 in 6 yea
V125BC [204]

Answer:

$7,372.99

Explanation:

Discounting is the method used to determine the present worth of a future amount which compounding is used to determine the future worth of a present amount. The relationship between both is such that;

Fv = Pv(1 + r)^n

where

Fv = future amount

Pv = present amount

r = interest rate and

n = time

The future amount = $11,700

time = 6 years

rate = 8%

$11,700 = Pv(1 + 0.08)^6

Pv = $11,700(1 + 0.08)^-6

Pv = $7,372.99

You need to deposit $7,372.99 today to reach your $11,700 goal in 6 years.

8 0
4 years ago
IDENTIFY THREE THINGS A DEED OF PARTNERSHIP CONTAINS
Arisa [49]

Answer:

Name of the firm as determined by all the partners.

Name and details of all the partners of the firm.

The date on which business commenced.

Explanation:

3 0
2 years ago
Which of the following variances cannot occur together during the same accounting period? Multiple Choice Unfavorable labor rate
jeka94

Answer: None of the other answers are correct, because all of these variance combinations are possible.

Explanation:

All of the above combinations are possible.

A company can have an Unfavorable labor rate variance and a favorable labor efficiency variance meaning that the actual labor rate was more than the budget rate but the budgeted labor Efficiency rate was more than the actual rate.

A company can also have an Unfavorable labor efficiency variance and a favorable material quantity variance meaning that even though labor Efficiency was not satisfactory, less materials were still used than were budgeted for.

There is also a possibility of a Favorable labor rate variance and unfavorable total labor variance and a Favorable labor efficiency variance and favorable material quantity variance can also happen together when actual direct labour and material quantity variance are both less than the budgeted amount.

4 0
3 years ago
The cost of direct materials transferred into the Bottling Department of the Mountain Springs Water Company is $1,098,900. The c
vfiekz [6]

Answer:

direct materials =  $33.00

conversion cost = $90.00

Explanation:

<em>Cost per equivalent unit = Cost during the period ÷ Equivalent units of Production</em>

<u>The direct materials and conversion cost per equivalent unit.</u>

Direct materials = $1,098,900 ÷ 33,300 liters = $33.00

Conversion cost = $603,000 ÷ 6,700 liters = $90.00

5 0
3 years ago
An increase in the price of a good causes a decline in demand for A. inferior goods. B. its substitutes. C. normal goods. D. its
ivolga24 [154]

Answer:

D. its complements.

Explanation:

A complement is a good or service used in conjuncture with another good. Therefore, if there is a decrease in the demand for a particular good, its complements will also see a decrease in demand. By the general supply and demand rule, an increase in the price of a good causes a decline in its demand and, therefore, causes a decline in demand for its complements.

6 0
3 years ago
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