Answer:
Total cost of Ticket = $96
Explanation:
Provided information,
Total number of people buying lottery ticket in a joint contribution = 10
Two people withdraw being short of funds, therefore people buying such ticket = 8
Revised share increase by $2.40 each.
Total increase = $2.40 
8 = $19.20
Just because 2 people withdraw, thus earlier contribution per person = $19.20/2 = $9.60
Therefore, total cost of ticket = $9.60 10 = $96
Answer:
The best use is the duplex
Explanation:
The first possible use value, as a single home, is already given in the question: $155.000.
For the retail site, we have $60,000 per acre and 2.4 acres:
$60,000 x 2 + $60,000 x 0.4
=$144,000
A duplex has two units, and the value is $85,000 per unit:
$85,000 x 2 = $170,000
Therefore, the duplex gives the highest possible value of use to the 2.4 acres.
Answer:
Your answer is D. All of the above
Explanation:
Answer:
Dec 31 2018
Debit. Stock $919,600
Credit. Supplier $919,600
Narration. Records of stock purchase under non cancelable agreement with supplier.
Dec 31 2018
Debit profit or loss 50,500
Credit. Stock. 50,500
Loss on carrying value of stock compare to realisable value.
Answer:
$102.3 per machine hour
Explanation:
We can compute the total production engineering cost per hour by using the following equation;
Cost per machine hour = (Fixed cost + Variable cost) / Total machine hours
But first, we need to calculate variable cost at 9,600 hours;
= $766,320 × 9,600hr / 9,300hr
= $791,040
Now, cost per machine hour
= $191,040 + $791,040 / 9,600hr
= $982,040 / 9,600hr
= $102.3 per machine hour
