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3 years ago

A person studying economics chooses to buy an economic textbook for their class, even though it means they

Business

2 answers:

hodyreva [135]3 years ago

8 0

Answer:

I think the answer is consequences and tradeoffs

Explanation:

galina1969 [7]3 years ago

7 0

Answer:

consequences and tradeoffs

Explanation:

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Howrley-David, Inc., manufactures two models of motorcycles: the Fatboy and the Screamer. Both models are assembled in the same

Greeley [361]

Answer:

Cost per Unit Fatboy= $ 27800

Screamer Cost per unit = $3779.80

Explanation:

Howrley-David, Inc.

Fatboy Screamer Total

Units Assembled 990 1,980 2,970

Materials cost per unit $ 2,600 $ 3,600

Material Costs 2574000 7128000

Other costs:

Direct labor $1069200 2138400 $ 3,207,600

Indirect materials 534, 600

Other overhead 1,603,800

FoH 712800 1425600 2138400

Total Costs 2752,2000 7484000

No of units 990 1980

Cost per Unit 27800 3779.80 

The total costs have been added and then divided with the number of units to get the cost per unit.

Direct Labor Costs =Total Direct Labor Costs/ Total number of units* required number of units

DLC for Fatboy= $ 3,207,600 /2970 *990= $1069200

DLC for Screamer= $ 3,207,600 /2970 *1980= 2138400

FActory Overheads = Total Factory Costs/ Total Units ( Required Units)

FOH for Fatboy= 534, 600 +1,603,800/2970 * 990= 712800

FOH for Screamer = 534, 600 +1,603,800/2970 * 1980= 1425600

6 0

3 years ago

Vanessa bought a house for $268,500. She has a 30 year mortgage with a fixed rate of 6.25%. Vanessaâs monthly payments are $1,59

Musya8 [376]

Answer:

Ans. A) $9,314.45

Explanation:

Hi, first we have to bring to present value the monthly payments to be made for 30 years (360 months). In order for this to be useful, we have to convert this annua compounded monthly rate (6.25%) to an effective rate, that is 6.25% / 12 = 0.5208%. Now, when we find this present value, we are going to substract it from the price of the house and that is the value of the down payment. But let´s just go ahead and do it together.

We have to use this formula to bring to present value the $1,595.85 monthly payments, for 30 years (360 months) at a rate of 6.25% (0.5208% monthly).

$PresentValue=\frac{A((1+r)^{n}-1) }{r(1+r)^{n} }$

It should look like this

$PresentValue=\frac{1,595.85((1+ 0.005208 )^{360}-1) }{0.005208(1+0.005208)^{360} }$

$Present Value=259,185.55$

Now, let´s go ahead and find the down payment.

$DownPayment=Price-PresentValue$

$DownPayment=268,500-259,185.55= 9,314.45$

So, the answer is a). $9,314.45

Best of luck.

5 0

3 years ago

When an economy suffers from low production, a country cannot

Mumz [18]

A country cannot enjoy a steady rate of economic growth if an economy suffers from low production.

There would be no way to keep up with demand, take advantage of economies of scale, etc. This would make it difficult to sustain growth into the future.

8 0

3 years ago

Read 2 more answers

In January, 2020, Harmony Inc. has the following expenditures related to manufacturing a new generation of widgets. Match each e

Ivan

Answer:

Harmony Inc.

Expenditure Appropriate accounting treatment

a. Machinery $550,000 B. Capitalize to the Machine

b. Machinery $33,000 B. Capitalize to the Machine

Research and development $95,000 D. Expense.

c. Freight-in (Machinery) $4,250 B. Capitalize to the Machine

d. Installation, etc (Machinery) $16,500 B. Capitalize to the Machine

e. Prepaid Insurance $3,000 A. Capitalize to a different asset account.

Explanation:

1) Data and Analysis:

a. Machinery $550,000 Accounts payable $550,000

b. Machinery $33,000 Sales Tax Expense $33,000

Research and development $95,000 Cash $95,000

c. Freight-in (Machinery) $4,250 Accounts payable $4,250

d. Installation (Machinery) $16,500 Cash $16,500

e. Prepaid Insurance $3,000 Cash $3,000

b) The correct approach in capitalizing fixed assets and related costs is to follow this procedure: capitalize freight, sales tax, transportation, and installation, in addition to the fixed asset purchase cost.

7 0

3 years ago

You are given the following long-run annual rates of return for alternative investment instruments: U.S. Government T-bills 3.10

Dvinal [7]

Answer:

The real rate of return is 0.10%

Explanation:

For computing the real rate of return, we need to apply the formula which is shown below:

( 1 + nominal rate) = ( 1 + real rate) × (1 + inflation rate)

So,

The real rate = {(1 + nominal rate) ÷ (1 + inflation rate)} - 1

= ((1 + 3.10%) ÷ (1 + 2%)} - 1

= (1.031 ÷ 1.02) - 1

= 1.0107 - 1

= 0.10

The Government T-bills is only the nominal rate so we considered this only

5 0

3 years ago