Answer:
Total cost is $200,000 and the bill for the job is $407.5
Explanation:
The total cost would be:
Total cost = Wages + Benefits + Overhead
= $110,000 + $40,000 + $50,000
= $200,000
Cost per hour = Total Cost / Labor hours
= $200,000 / 5,000
= $40 per hour
Profit per hour required is $20 per hour
Total rate per hour = Cost per hour + Profit per hour
= $40 + $20
= $60 per hour
The bill for the job would be:
Let the bill be X
Total bill = Used part cost + Repair cost per hour (1.5 hr is 93) + Loading charges
X = $70 + 93 + .6X
0.4 X = $163
X = $163 / 0.4
X = $407.5
Using compound interest
5000 x 1.035^32 gives me 15033 which is triple the original value, therefore it’s 32 years
Answer: Potential competitor
Explanation:
Potential competitor is a competitor
who offers the same product and works in the field.
who has the potential to compete with you.
they could be a direct competitor, but either they don't try or don't have infrastructure.
Hence, A p<u>otential competitor</u> is an organization that is NOT present in a task environment but has the resources to enter.
On the other hand, as a supplier is a party or organization that provides a product or service and distributor distributes them.
Most management researchers believe that modern management studies originated in the <u>c. 18th century.</u>
<h3>Origins of modern management </h3>
- Originated with the Industrial Revolution.
- Originated as a means to make production more efficient.
The Industrial Revolution began in the 1700s or the 18th century and so we can conclude that modern management also started in the 18th century as well.
Find out more on<u> modern management</u> at brainly.com/question/4928239.
I think it’s D but I’m not sure
