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2 years ago

The nominal interest rate is 6 percent and the inflation rate is 3 percent. What is the real interest rate

Business

1 answer:

rusak2 [61]2 years ago

5 0

Answer:

Explanation:

real interest rate ≈ nomial interest rate - inflation

ratereal interest rate ≈ 6 - 3 ≈ 3%

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A company has a selling price of $1,650 each for its printers. Each printer has a 2 year warranty that covers replacement of def

neonofarm [45]

Answer:

$119,070

Explanation:

The computation of warranty expense for the month of November is shown below:-

Warranty expense for the month of November = Sold printers × Warranty percentage × Average cost

= 27,000 × 3% × $147

= $119,070

Therefore for computing the warranty expense for the month of November we simply applied the above formula.

5 0

3 years ago

Pluton makes particular plastics for sale to the public and the government. Basic cost data for a 100-pound drum of one particul

shepuryov [24]

Answer:

Option (D) is correct.

Explanation:

Variable overhead per pound:

= variable overheads ÷ pounds of products to be produced

= 1,200,000 ÷ 1,000,000

= 1.2

Direct labor hours = 20 workers × 175 hours

= 3,500

Direct labor cost = Direct labor hours × 24

= 3,500 × 24

= 84,000

Machine hours = 21,000

Fixed overhead = $3,500,000 per month

Labor related (40%) = 1,400,000 ÷ 3,500 hours

= 400

Machine related (60%) = 2,100,000 ÷ 21,000 hours

= 100

Total cost of conversion:

= Direct labor cost + Variable overheads + Fixed overheads

= Direct labor cost + Variable overheads + (Labor related + Machine related)

= 10 min(24 ÷ 60 min) + (100 × 1.2) + [(400 ÷ 60)× 10 + (100 ÷ 60)× 75]

= 4 + 120 + 66.66666667 + 125

= 315.66666667

8 0

2 years ago

Mervon Company has two operating departments: mixing and bottling. Mixing occupies 27,235 square feet. Bottling occupies 14,665

BARSIC [14]

Answer:

The amount of maintenance costs allocated to each operating department is $159,900 to mixing and $86,100 to bottling

Explanation:

In order to determine the amount of maintenance costs allocated to each operating department we would have to calculate first the percentage of area for each deparment as follows:

Particular Area in square feet %

mixing 27,235 65

bottling 14,665 35

Total Area 41,900 100

Therefore, if the maintentance cost is $246,000, the amount of maintenance costs allocated to each operating department is as follows:

Particular % Allocation of expense

mixing 65 159,900=246,000×65/100

bottling 35 86,100=246,000×35/100

100 246,000

7 0

3 years ago

Owners of a local restaurant are concerned about their ability to provide quality service as they continue to grow and attract m

Travka [436]

Answer:

the critical zone

Explanation:

So, we have the following information or data from the question/problem, they are:

=> In order to improve on the restaurant service and give more quality, customers data were collected in from Friday and Saturday nights which happens to be the local restaurant's busiest times of the week.

=> From the data collected it was shown that 75 customers arrive per hour for service.

=> After getting the data above the owners of the local restaurant estimated that they can serve on average about 100 customers per hour.

In order to improve on the restaurant service and give more quality, the utilization rate must be calculated. Therefore the utilization rate is arrival rate divided by service rate that is to say;

The utilization rate = arrival rate/ service rate.

The utilization rate = 75/100 = 0.75 = 75%.

The next step is to draw the diagram showing the relationship between rate of service utilization and service rate.

So, from the graph we have that with the 75%, the zone that it falls to is the CRITICAL ZONE.

8 0

2 years ago

You are in the process of purchasing a new automobile that will cost you $27,500. The dealership is offering you either a $250

Gre4nikov [31]

Answer:

C. $595

Explanation:

The computation of the monthly payment at the end of the month would be computed by using the spreadsheet.

In this two attachment is attached one contains the final values and the other ones contains the formula so that it would create a better understanding

Hence, the monthly payment is $595 and the same is to be considered

4 0

2 years ago