Answer:
$110,300
Explanation:
June collections will comprise of
25% of June sales
71% of May sales
4% of April sales
<u>25% of June sales </u>
=25/100 x 100,000
=$25,000
<u>71% of may sales</u>
=71/100 x $110,00
=$78,100
<u>4% of April sales</u>
=4/100 x $180,000
=$7,200
Total June collections
=$25,000 + $78,100 +$7,200
=$110,300
As far as I remember, at the end of the systems implementation phase, the final report to management should include these elements:
1. <span>a comparison of actual costs and schedules to the original estimates;
2. </span>final versions of all system documentation;
3. <span>planned modifications and enhancements to the system that have been identified;
It's necessary thing in system analysis.</span>
Given the table below
![\begin{tabular} {|p {1cm}|p {1.4cm}|p {1.4cm}|p {1.5cm}|p {1.4cm}|p {1.4cm}|} {Price per hour&Quantity Supplied by Ann&Quantity Supplied by Bob&Quantity Supplied by Carlos&Market Quantity Supplied&Market Quantity Demanded\\[1ex] \$50&94&35&19&148&5\\ 45&93&33&14&140&8\\ 40&90&30&10&130&11\\ 35&81&27&6&114&16\\ 30&68&20&2&90&22\\ 25&50&12&0&62&30\\ 20&32&7&0&39&39\\ 15&20&0&0&20&47\\ 10&10&0&0&10&57 \end{tabular}](https://tex.z-dn.net/?f=%5Cbegin%7Btabular%7D%0A%7B%7Cp%20%7B1cm%7D%7Cp%20%7B1.4cm%7D%7Cp%20%7B1.4cm%7D%7Cp%20%7B1.5cm%7D%7Cp%20%7B1.4cm%7D%7Cp%20%7B1.4cm%7D%7C%7D%0A%7BPrice%20per%20hour%26Quantity%20Supplied%20by%20Ann%26Quantity%20Supplied%20by%20Bob%26Quantity%20Supplied%20by%20Carlos%26Market%20Quantity%20Supplied%26Market%20Quantity%20Demanded%5C%5C%5B1ex%5D%0A%5C%2450%2694%2635%2619%26148%265%5C%5C%0A45%2693%2633%2614%26140%268%5C%5C%0A40%2690%2630%2610%26130%2611%5C%5C%0A35%2681%2627%266%26114%2616%5C%5C%0A30%2668%2620%262%2690%2622%5C%5C%0A25%2650%2612%260%2662%2630%5C%5C%0A20%2632%267%260%2639%2639%5C%5C%0A15%2620%260%260%2620%2647%5C%5C%0A10%2610%260%260%2610%2657%0A%5Cend%7Btabular%7D)
From the table it can be seen that at the price of $20, the quantity supplied is equal to the quantity demanded equal to 39.
Also notice that at that price, Carlos is not supplying any service.
Therefore, the equilibruim price <span>of tutoring services be if Carlos decided to stop tutoring is $20.</span>
Answer:
c. Fixed Cost = $300
Explanation:
Because marginal cost is constant we can find the variable cost per unit and then subtract the total variable cost from the total cost in order to find the fixed cost. The firms total cost increase $300 (from 1500 to 1800) when output increases by 10 units (from 40 to 50), so the variable cost per unit is 300/10=30.
Now to calculate the total variable cost we will multiply variable cost per unit by the number of units.
50*30= 1500
Now we will subtract 1500 from 1800 in order to find the fixed cost.
1800-1500=300
Fixed cost is $300.
A barrier to entry is any factor that makes it difficult for a new firm to enter a market.
