Answer:
<em>Apportioned joint cost</em>
$
Graded A = 1,232
Grade B = 4,400
Slices = 6,160
Applesauce = 5,808
Explanation:
<em>The joint cost can be apportioned using the physical units basis by getting the sum of the units produced for all the different products, And then use the the proportion of individual units to the total units as basis for apportioning the joint cost.</em>
Apportioned joint cost:
Total units= 22,000
Graded A - 1,540/22,000× 17,600 = 1232
Grade B - 5,500/22,000× 17,600= 4400
Slices - 7,700/22,000× 17,600= 6,160
Applesauce- 7,260/22,000× 17,600 = 5,808
<em>Apportioned joint cost</em>
$
Graded A = 1232
Grade B = 4400
Slices = 6,160
Applesauce = 5,808
Total cost per week = $3600
The correct option is <u>C.$3,600</u>.
<u>Explanation</u>:
<em><u>Given</u></em>:
Cost for constructing and purchasing the equipment for restaurant = $520,000
Minimum return = 10% of investment
Restaurant is opened = 52 weeks per year
No. of meals = 900 meals/per week
Cost of meal = $5
Expense for material and electricity= $600
Expense for weekly wages = $1000
Fixed cost per week = ([520,000(.10)]/52) + 1000 = 2000
Variable cost = 1000 + 600 = 1600
Total cost = Fixed cost per week + Variable cost
= 2000+1600 = 3600.
Total cost per week = $3600
Answer: decrease in demand for rackets and a decrease in quantity supplied of tennis balls. I hope this helps!!
Explanation:
Answer:
$80.50
Explanation:
Calculation of Cost-sharing amount :
Using this formula
Allowed charges *out-of-network coinsurance percent
Where:
Allowed charges =$230.00
Out-of-network coinsurance percent =35%
Hence,
$230.00 * .35
= $80.50
Therefore the Cost-sharing amount will be $80.50
Answer:
Professional price
Explanation:
Pricing is the process through which a business determines the amount of money that clients pay for its goods and services. In setting the price, a company considers its production cost, desired mark up, competitors price, among others.
A fee charged by a professional for their services is called the professional price. Lawyers, doctors, dentists and other individuals with specialized skills field charge a professional price. The costs of inputs may not influence the fee that they charge. Some professional bodies may regulate the price set by their members.