Answer:
An example of a cost that is likely to have a direct relationship with products being manufactured is:
direct cost of raw materials.
Explanation:
Other direct costs that affect the cost of the products directly are direct labor costs and direct overhead costs. They are traceable to the products being manufactured. This is why they are called direct costs. They can be attributed to the unit of production. The opposite is the indirect costs of raw materials, labor, and overheads. These costs cannot be traced to units of the product being produced.
You would have to earn an <span>Associate of Applied Science (AAS) degree or an advanced technical certificate. </span>
Answer:
Billy's mom increases his weekly allowance by $ 55 . As a result, Billy increases the number of apps he downloads on his smartphone.
If with increase in income demand increases, the good will be a normal good. Thus, apps that billy downloads are normal goods.
Susan gets a 15 percent performance bonus at work. She can finally stop eating so many frozen pizzas and eat something more tasty. Frozen pizzas are: Inferior goods
Here with increase in income, the demand for a commodity falls, the so called commodity is a inferior good. Thus, in this case frozen pizzas are inferior goods.
Mike is an appliance salesman. Refrigerator sales in his store have fallen and so has his commission. Mike decides to switch from name brand cereal to generic cereal. Generic cereal is: Inferior goods
If there is a fall in income and thus demand increases, the good is inferior. Thus, in this case generic cereal is an inferior good.
Hair stylist Molly loses a few of her clients. Molly cuts back on the number of smoothies she buys during the week. Smoothies are: Normal goods
If there is a decrease in income and thus demand falls, the good is normal. Thus, smoothies as commodity in this case will be refereed to as normal goods.
Answer:
Instructions are listed below
Explanation:
Giving the following information:
She has a choice of receiving a payment of $160,000 immediately or of receiving deferred perpetuity with $10,000 annual payments, the first payment occurring in exactly four years.
A) i= 5%
First, we need to determine the value of the perpetuity four years from now.
Perpetuity= 10,000/0.05= 200,000
Now, we can calculate the present value:
PV= 200,000/(1.05^4)= $164,540.50
B) i= 6%
Perpetuity= 10,000/0.06= $166,666.67
PV= $166,666.67/1.06^4= $132,015.61
C) She should consider her necessities of cash and the value of the products she can purchase now.
