405,000
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The Major problem facing transportation in Ghana and around the world is the human capital and infrastructural issues.
<h3>
Human Capital</h3>
The importance of Human capital cannot be overemphasized in curbing the problems of transportation in Ghana and the world at large. Human capital must interface with physical capital to bring about good transport systems because physical capital will always remain out of existence without the input of human capital.
<h3>Infrastructure</h3>
Transport infrastructure is generally lacking in Ghana and sub-Saharan Africa. There is absence of well developed and functional infrastructure to drive the transport system. Such infrastructure include fast trains, durable roads etc.
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Answer:
Product Selling price Unit variable cost
$ $
Trunk switch 60 28
Gas door switch 75 33
Glove box light <u>40</u> <u> 22</u>
<u> 175 </u> <u> 83</u>
Composite contribution margin
= Composite selling price - Composite unit variable cost
= $175 - $83
= $92
Composite contribution margin ratio
= <u>Composite contribution margin</u>
Composite selling price
= <u>$92</u>
$175
= 0.525714285
Composite break-even point in dollars
= <u>Fixed cost</u>
Composite contribution margin ratio
=<u> $18,840</u>
0.525714285
= $35,837
Explanation:
In this case, there is need to add all the selling prices to obtain composite selling price. We also need to add all the unit variable costs to derive composite unit variable cost.
Composite contribution equals composite selling price minus composite unit variable cost.
Composite contribution margin ratio is the ratio of composite contribution to composite selling price.
Composite break-even point in dollars equal fixed cost divided by composite contribution margin ratio.
A lease is a contractual agreement by which one party conveys any type of service to another person for a specific time.
The country would never have shortages They would flourish in trade
