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2 years ago

Pleaseeeee help meeeee

Business

1 answer:

Flura [38]2 years ago

8 0

Answer:

Passport

Annual finance charge =$450

Total annual cost = $2970

Traveller

Annual finance charge = $425

Total annual cost = $2945

Explorer

Annual finance charge =$400

Total annual cost = $2950

The travellers card is the best

Explanation:

Passport

Annual finance charge = 18% x 2500 = $450

Total annual cost = $2500 + 450 + 20 = 2970

Traveller

Annual finance charge = 17% x 2500 = $425

Total annual cost = $2500 + 425 + 20 = 2945

Explorer

Annual finance charge = 16% x 2500 = $400

Total annual cost = $2500 + $400 + $50 = 2950

The traveller is the best for a consumer because it has the lowest cost

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In Spring 2018, Parmac Engineering Company signed a $160 million contract with the city of Parkersburg, to construct a new city

marta [7]

Answer:

By using the percentage-of-completion method the $64 million revenue should Parmac recognize in 2018

Explanation:

Percentage-of-completion method : Under this method,

First we have to calculate the percentage which is based on current period cost to total period cost.

After that, multiply the percentage with the revenue so that we get to know how much revenue is being recognized during an particular year.

In mathematically,

Estimated Cost percentage = current period cost ÷ total period cost

= $48 million ÷ $120 million

= 40%

Now,

Revenue recognized = Estimated cost percentage × Revenue

= 40% × $160 million

= $64 million

Hence, by using the percentage-of-completion method the $64 million revenue should Parmac recognize in 2018

7 0

3 years ago

What is the economic theory that is the opposite of capitalism? Answer command economy market economy socialism competition

Archy [21]

A command economy would be an economic system that is the opposite of capitalism. A command economy could exist in a socialist system as well, whereby the state controls major businesses in an economy and provides close economic planning for a country's industries rather than allowing private ownership and free markets under capitalism.

7 0

3 years ago

Use the following information to determine the break-even point in units (rounded to the nearest whole unit):

denis23 [38]

Answer:

29,771 units

Explanation:

The break-even indicates the number of units that you have to sell to cover your costs. The break-even point is calculated by using the formula:

Break-even point in units= Fixed costs/(selling price per unit-variable cost per unit)

Break-even point in units= $195,000/($14.95-$8.40)

Break-even point in units= $195,000/$6.55

Break-even point in units= 29,771 units

The break-even point in units is 29,771.

4 0

3 years ago

Bellue Incorporated manufactures a single product. Variable costing net operating income was $92,400 last year and its inventory

s2008m [1.1K]

Answer:

6,000

Explanation:

Bellue incorporated manufactures a single product

The variable costing net operating income is $92,400

The inventory is 3100 units

The fixed manufacturing overhead cost is $1

Therefore the absorption cost can be calculated as follows

= 9200-1 x3200

= 9200- 3200

= 6000

Hence the absorption cos is $6,000

7 0

3 years ago

____ materials are materials that are no longer serviceable, have been discarded, or are a by-product of the production process.

alexgriva [62]

Answer:

Scrap

Explanation:

The scrap material is that material that is not usable for the or the services are no longer available and these products are not used so far for the production process. It is totally and completely discarded and used as a by product production process

Hence, the correct option is scrap

And all other options are wrong and incorrect

4 0

3 years ago