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BARSIC [14]
2 years ago
8

The following represents the probability distribution for the daily demand of microcomputers at a local store. Demand Probabilit

y 0 .1 1 .2 2 .3 3 .2 4 .2 The expected daily demand is _____. a. 4 b. 2 c. 2.2 d. 1.0
Business
1 answer:
seropon [69]2 years ago
8 0

Answer:

2.2

Explanation:

to get the expected daily demand we have to multiply each daily demand by their probability  distribution and sum up the results

0 * 0.1 = 0

1 * 0.2 = 0.2

2 * 0.3 = 0.6

3 * 0.2 = 0.6

4 * 0.2 = 0.8

0 + 0.2 + 0.6 + 0.6 +0.8 = 2.2

From this calculation above, the expected daily demand has been summed up to <u>2.2</u>

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Reynolds Manufacturers Inc. has estimated total factory overhead costs of $118,800 and expected direct labor hours of 10,800 for
Lisa [10]

Answer:

$15,730

Explanation:

<em>under absorption costing overheads are charged to product units using an overhead absorption rate. </em>

The overhead absorption rate is determined using the formula below:

<em>Overhead absorption rate is = Budgeted Overheads / budgeted Labour hours</em>

Factory overhead Absorption rate  (OAR)=  $118,800/10,800

                                               = $11 per hour

 Amount of 0verhead to charge Number number 117

                                  = 11 × 1,430

                                  = $15,730

6 0
2 years ago
Operating costs incurred by a manufacturing company become either (1) part of the cost of inventory to be expensed as cost of go
Lana71 [14]

Sales salaries are expensed at the time they are incurred.

In 2020, the average sales representative's salary was $73,500. In 2020, the average salaries for comparable jobs were $147,580 for a sales manager, $69,100 for an insurance salesman, $62,990 for a realtor, and $30,940 for a retail salesperson yes you can be a millionaire or billionaire as a seller.

Sales salaries careers are well paid and he ranks third on this list of high-paying jobs without a degree. A salesperson's revenue is directly tied to their sales performance. This means that sales positions have excellent earning potential. Working in sales can be incredibly stressful.

Learn more about Sales salaries at

brainly.com/question/24825618

#SPJ4

4 0
1 year ago
David paid $975,000 for two beachfront lots in coastal South Carolina, with the intention of building residential homes on each.
Gnoma [55]

Answer:

The correct answer would be, Yes South Carolina would be compensating David as his property is now economically valueless.  

Explanation:  

Under the taking clause, 'The Beachfront Management Act was properly and validly designed to preserve South Carolina's beaches', which means that no one will be allowed to do any development project near beaches in order to save the beaches.  

Though it is already written in the Act, The Beachfront Management Act barred any further development on the coasts of Carolina, which makes the purchased property of David as economically valuless, so South Carolina would be compensating him as the law has passed and they won't allow further development but they need to compensate the people who purchased the property on the beaches for the purpose of future business.

7 0
3 years ago
Employees earn vacation pay at the rate of one day per month. During the month of July, 28 employees qualify for one vacation da
Stells [14]

Answer:

$2884

Explanation:

Given that:

  • 28 employees qualify for one vacation day each
  • Average daily wage is $103 per day

So he amount of vacation benefit expense to be recorded for the month of July:

= number of employees * average daily wage

= 28*$103  

= $2884

7 0
2 years ago
Read 2 more answers
For example, in 2012, each of the 80 billion pieces of advertising brought 21 cents in revenue, compared to 42 cents for first-c
yaroslaw [1]

Answer:

Returns

Explanation:

Returns on an investor is the amount of profit or gain an outlay of cash is able to bring at the end of a period.

Rate of returns on invested funds is used as a yardstick by potential investors in deciding which enterprise to fund.

In the given instance where each of the 80 billion pieces of advertising brought 21 cents in revenue, a better replacement for the word revenue is return.

So returns of funds invested on each piece of advertising is 21 cents.

6 0
3 years ago
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