Answer: $50,000
Explanation:
Given the following ;
Total Revenue = $500,000
Labor cost = $200,000
Economic Depreciation = $50,000
Normal profit = $75,000
Interest paid to bank = $25,000
Other cost of production = $100,000
Economic profit = (Total revenue - labor cost - economic Depreciation - normal profit - interest paid to bank - other production cost))
Economic profit =$ (500,000 - 200,000 - 50,000 - 75,000 - 25,000 - 100,000)
Economic profit = $50,000
Answer:
Explanation:
Salaries R&D $540,000
Depreciation on equipment 145,000
Utilities incurred 7,000
Payment for development work 13,000
R&D expense 705,000
*Paten filing and related legal costs are recorded to patent intangible asset account
Why is it important for investments to provide a greater return than the rate of inflation?
When inflation levels are stable and moderate, investors have lower expectations of high
market returns. Conversely, expectations rise when inflation is high. When inflation rises,
DO PRICES IN THE ECONOMY, leading investors to require a higher rate of return to maintain
their purchasing power.
Answer:
a.
Relevant costs:
Supplies costs
Inspection costs
Assembly costs
Irrelevant cost:
power cost
b.$20,000
Explanation:
The following costs are relevant because they would be incurred as a result of investing in either of the two alternatives:
Supplies costs
Inspection costs
Assembly costs
Power costs is not relevant because is not incurred as direct consequence of the two alternatives,even when none of the alternatives is chosen power cost would still be incurred.
Costs of alternative M=$77,000+$49,000+$42,000+$168000
Costs of alternative N=$68,000+$49,000+$31,000=$148,000
Differential cost=$168,000-$148,000=$20,000
Answer:
#include <iostream>
using namespace std;
int main()
{
double number1, number2, sum;
cout<<"Enter a number: ";
cin >> number1;
cout<<"Enter another number: ";
cin >> number2;
sum = number1 + number2;
cout <<"The sum of two numbers is "<< sum <<endl;
return 0;
}
Explanation:
The correct program can be seen above.
You need to add #include <iostream> and using namespace std; before your main function. Other issues are following;
Line 4, 5, 6, 7, 9 -> cout and cin must start with a lowercase letter
Line 5 -> cin >> number1;
Line 7 -> cin >> number2;
Line 8 -> sum = number1 + number2;
Line 9 -> cout << "The sum of two numbers is " << sum << endl;
