Answer:
<u>selling and administrative cost formula:</u>
Y = $166,200 + $6.80X
Explanation:
First we solve for the units sold during hte period:
sales: 960,000
unit selling price: 60
units sold: 960,000 / 60 = 16,000
Then we calcualte the variable cost of both, selling and administrative:
selling variable 8% of selling 8% of $60 = 4.8
administrative $ 2
total variable: 6.8
Now we solve for fixed cost:
275,000 = 6.8 (16,000) + fixed
fixed = 275,000 - 108,800 = 166,200
Answer:
d.efficient in production but not necessarily in allocation.
Explanation:
The production possibility curve portrays the cost of society's choice between two different goods. An economy that operates at the frontier has the highest standard of living it can achieve, as it is producing as much as it can using the same resources. If the amount produced is inside the curve, then all of the resources are not being used.
- all points on the curve are points of maximum productive efficiency
- However, an economy may achieve productive efficiency without necessarily being allocatively efficient. Market failure (such as imperfect competition or externalities) and some institutions of social decision-making (such as government and tradition) may lead to the wrong combination of goods being produced (hence the wrong mix of resources being allocated between producing the two goods) compared to what consumers would prefer, given what is feasible on the PPF.
Answer:
$10.84
Explanation:
The computation of willing to pay today is shown below:
For this first we have to find out the present value that is shown below:
Year Dividend per share Present value Present value
interest factor @12%
1 $0.57 0.893 $0.509
2 $0.62 0.797 $0.494
3 $0.77 0.712 $0.548
4 $1.07 0.636 $0.681
Present value $2.232
Now the price for the fourth year is
= (Next year dividend) ÷ (Required rate of dividend - growth rate)
where,
Next year dividend = $1.07 + $1.07 × 3.8%
= $1.07 + 0.04066
= $1.11066
So, the price for the fourth year is
= ($1.11066) ÷ (12% - 3.8%)
= $13.545
Now the present value of fourth year dividend is
= $13.545 × 0.636
= $8.61
So the willing to pay today is
= $2.23 + $8.61
= $10.84
Answer:
True.
Explanation:
Lean manufacturing is a production method in which companies focus on reducing wastage of available resources and maximize productivity of manufacturing process. This process includes introducing activities to minimize harm to environment by draining harmful waste, using environmental friendly products and minimize usage of raw material. Lean manufacturing focuses to improve the product quality to provide greater value to customers.
<span>Working hard to perfect your basketball skills in order to be chosen to the all-star team is a good example of</span> goal setting. Goal setting<span> is the process of knowing what you </span><span>want to accomplish and making a plan to achieve the result you want. </span>