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3 years ago

Cleoca is considering renting a car for the weekend. The weekend daily rate is

Business

2 answers:

irina [24]3 years ago

8 0

Answer:

$119.97

Explanation:

Given,

The weekend daily rate for the rental cost = $39.99

Total number of days = Friday morning, Saturday, and Sunday = 3 days

The rental cost for renting Cleoca's car for the weekend = Number of weekend days × the weekend daily rate for the rental cost

The rental cost = $39.99 × 3 days

The rental cost = $119.97

Therefore, her rental cost for renting the car is $119.97 for the weekend.

masya89 [10]3 years ago

3 0

Answer: 119.97

Explanation:

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3 years ago

"other things being equal, which market structure would produce the least output and the highest average product price

weqwewe [10]

Answer:

The answer is monopoly.

Explanation:

Monopoly is a market type where there is only one producer that is capable of manufacturing a certain product. In this type of market, the producer is capable of producing the smallest amount of products and setting the price that the consumers should pay to purchase the product. The former is possible mainly because the company is capable of knowing how many products do they need to manufacture to achieve the target profit – their sales projection tends to be more accurate than other companies that operate in a different market type.

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3 years ago

Which phrase best describes a function

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It is a formula containing arguments. This is because a function maps the domain to its range. Argument is synonymous to domain.

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3 years ago

Lakeside Components wishes to purchase parts in one month for sale in the next. On June 1, the company has 15,000 parts in stock

Kryger [21]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Beginning inventory (parts)= 15,000 parts

Sales June= 13,600

Sales July= 10,500

Sales August= 12,700

Parts are purchased at a wholesale price of $30.

Purchasing arrangement:

60 percent on the month of the purchase.

40 percent in the following month.

Lakeside purchased 14,000 parts in May.

A) To calculate the purchase for June and July, we need to use the following formula:

Purchases= sales + desired ending inventory - beginning inventory

June= 13,600 - 15,000= -1,400

July= 10,500 - 1,400= 9,100

B) Cash Required:

Purchase from the month

Purchase from the month before

Purchase from the month= 0

Purchase from the month before= (14,000*30)*0.4= 168,000

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3 years ago

Product X-547 is one of the joint products in a joint manufacturing process. Management is considering whether to sell X-547 at

Katena32 [7]

Answer:

b. 1,2,3,4

Explanation:

Lets first understand what relevant cost is? Relevant cost is any cost that influences the decision of a decision maker. Therefore, the first four items are relevant in the decision of whether to sell the X-547 or to further process it.

Explanation for each item is as follows:

1- Selling price of X-547:

The selling price is relevant because it will help to determine the revenue generated from selling X-547 at the split off point and which could also be used for comparative purposes, if suppose the decision of further processing is chosen.

2- Variable cost of processing X-547 into Xylene:

The variable cost of processing X-547 is indeed relevant too, because at this stage management is not in a position to take a decision until they explore the possibilities coming out of processing X-547, therefore, in order to come to a decision making position the management will need to know the variable cost of processing X-547, making it relevant in the decision.

3- The avoidable fixed costs of processing X-547 into Xylene:

There is sometimes a fear (i.e fear of increase in step-fixed costs as a result of processing a product or fear of loss of control over costs) felt by the management when trying to process certain products for further development therefore those fixed costs which can be avoided during processing X-547 can also influence (i.e encourage) the decision of further processing X-547, making it relevant.

4- The selling price of Xylene:

The last but not the least, the selling price of Xylene. If the management finds that if X-547 is further processed into Xylene and it sells at a highly favorable/lucrative price, creating a huge margin for them then definitely they would be encouraged to taking the decision of further processing it.

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3 years ago