Answer:
$35,200
Explanation:
Given that
Invested amount = $320,000
Rate of interest = 11%
So by considering the above information, the amount of annual scholarship that can be given from this investment is
= Invested amount × Rate of interest
= $110,000 × 11%
= $35,200
By multiplying the invested amount with the rate of interest we can find out the annual scholarship amount
Answer:
$480,000
Explanation:
Calculation to determine what total relevant costs to make the part internally are
First step is to calculate Relevant cost per unit:
Relevant cost per unit:
Direct materials $6
Direct labor $24
Variable manufacturing overhead $12
Fixed manufacturing overhead ($15 × 0.40) $6
Relevant manufacturing cost $48
Now let determine the Total relevant costs to make the part internally
Total relevant costs to take the part internally=($48 × 10,000)
Total relevant costs to make the part internally = $480,000
Therefore total relevant costs to make the part internally are $480,000
Answer:
Because it is (a.) neither excludable nor rival in consumption, a tornado siren is a public good.
Explanation:
A tornado siren is an outdoor warning system that alert the public about an impending tornado danger, and thus expects the people to be prepared for an emergency, tune in to news for further directives or immediately seek safer shelter from impending tornado.
It does not exclude anyone for any reason and neither does it creates rivalry in consumption for the public usage. It is a straight forward alert that optimizes safety for all and sundry.
Answer:
The highest acceptable manufacturing cost for which Sid's would be willing to produce the cover is $19.60
Explanation:
The computation of the highest acceptable manufacturing cost is shown below:
We know that the market priced at $24.50 and the operating profit is 25% of the cost, we assume the cost is 100 and the selling price equals to
= Cost + operating profit
= 100 + 25% × cost price
= 125
The market price is given for selling price but we have to compute for the cost price
So, the calculation would be
= $24.50 × 100 ÷ 125
= $19.60
Answer:
For the parties to connect, there seems to be no way.
Explanation:
Marketing should be about fulfilling the expectations and wishes of consumers, generating demand, influencing different players, requiring interaction that can be carried out by the other groups and individuals.
<u>For marketing, this same four components needed are:</u>
- Two or maybe more parties to expectations that are unmet.
- An appetite and capacity to be fulfilled on their part.
- A means enough for parties to connect.
- To share everything.
And according to the format prescribed throughout the problem, the business student realized he wanted a tutor for his performance to be enhanced. He discovered that throughout his local neighborhood, a wonderful teacher is readily accessible but uncertain of her identification to express it. He can interact with her towards his tuitions across multiple channels as she contributes to something like the surrounding community.