A company has two departments, Y and Z that incur wage expenses. An analysis of the total wage expense of $40,000 indicates that
1 answer:
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Answer:
correct option is b. $92
Explanation:
given data
earn return = 15%
assets = $50,000,000
Fixed costs = $30,000,000
golf played = 500,000 rounds
Variable costs = $17 per round
solution
we know total cost = fixed cost + variable cost
here variable cost = 500,000 × 17 per unit = 8,500,000
so total cost = 30,000,000 + 8,500,000
total cost = $38,500,000
and
return on investment is = 50,000,000 × 15%
return on investment is = $7,500,000
so desired sales is here
desired sale = $38,500,000 + $7,500,000
desired sale = $46,000,000
so target selling price =
target selling price = 92
so correct option is b. $92
Answer:
the average annual economic growth rate in Taiwan from 1961 to 1981 was 41.42%
Explanation:
Hi, we need to use the following formula.
Where:
FV = GDP in 1981 ($1,000)
PV = GDP in 1961 ($500)
r = growth rate
t = years from 1981 to 1961 (20 years)
So, it should look like this:
Now, we solve for "r"
So, the growth rate of Taiwan´s GDP is 41.42%
Best of luck.