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Nookie1986 [14]
3 years ago
6

Cost-volume-profit analysis can also be used in making personal financial decisions. For example, the purchase of a new car is o

ne of your biggest personal expenditures. It is important that you carefully analyze your options. Suppose that you are considering the purchase of a hybrid vehicle. Let’s assume the following facts. The hybrid will initially cost an additional $4,500 above the cost of a traditional vehicle. The hybrid will get 30 miles per gallon of gas, and the traditional car will get 20 miles per gallon. Also, assume that the cost of gas is $1.80 per gallon. Using the facts above, answer the following questions.
a. What is the variable gasoline cost of going one mile in the hybrid car?
b. What is the variable cost of going one mile in the traditional car?
Business
1 answer:
Anna35 [415]3 years ago
3 0

Answer:

Results are below.

Explanation:

Giving the following information:

The hybrid will get 30 miles per gallon of gas, and the traditional car will get 20 miles per gallon. Also, assume that the cost of gas is $1.80 per gallon.

<u>To calculate the unitary cost of one mile, we need to use the following formula:</u>

One mile unitary cost= cost per gallon / mile sper gallon

Hybrid:

One mile unitary cost= 1.8 / 30

One mile unitary cost= $0.06

Traditional:

One mile unitary cost= 1.8 / 20

One mile unitary cost= $0.09

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Answer:

Ideally, the drunk driver who hit them while he was driving on the wrong lane is liable for the damages and not McLaughlin since he was sober and civil.

Explanation:

Liability for damages resulting from car accident usually falls on a negligent driver an din this case, McLaughlin is not the negligent one.

However, the situation is tricky here since he is not the owner of the car.

The majority of car accidents are caused by driver negligence, poor road conditions, or a problem or defect with one of the automobiles involved.

If his friend has a car insurance, that will cover for the damages as well.

And if the drunk driver finds a way to escape with a strong case, and in the absence of a car insurance, McLaughlin might be obligated to pay for the damages since the car was borrowed.

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4 years ago
Management accounting is accounting for effective management. Explain this statement.​
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Therefore, it is correct to say that managerial accounting is the accounting for effective management because accounting is an instrument of control and management for organizing financial accounts and indexes, these being essential instruments in helping to better decision making in a period of time, giving subsidies for managers to adapt and anticipate negative financial situations for example.

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Answer:

What happens with a cross-cultural risk?

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I think you should research a real-world example of a company that received backlash or risk due to attempting to or becoming a cross-cultural company.

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After three profitable years, Dodd Co. decided to offer a bonus to its branch manager, Cone, of 25% of income over $100,000 earn
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$12,000

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