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2 years ago

What is a Need and Want and give some examples

Business

2 answers:

Allushta [10]2 years ago

5 0

Answer:

A need is something thought to be a necessity or essential items required for life. Examples include food, water, and shelter. A want is something unnecessary but desired or items which increase the quality of living. Examples include a car stereo, CD's, car, and designer clothes.

Explanation:

Alex73 [517]2 years ago

5 0

Hello friend! so a need is obligation you absolutely must have this, like they say a need is something you cannot live without an example water, a want is a unbearable act. as we contrast a want and a need they are very different but a need is a required measure.

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Marcelino Co.'s March 31 inventory of raw materials is $80,000. Raw materials purchases in April are $540,000, and factory payro

vovangra [49]

Answer:

See below

Explanation:

Marcelino Co's total cost of each production incurred in April

From March

Job306 Job307 job308

Direct materials $28,000 $39,000

Direct labor $23,000 $17,000

Applied overhead $11,500 $8,500

(50% of direct labor)

Beginning goods in process $52,500 $64,500 ---

For April:

Direct materials $139,000 $220,000 $110,000

Direct labor $103,000 $153,000 $104,000

Applied overhead $51,500 $76,500 $52,000

(50% of direct labor)

Total cost added in April $293,500 $449,500 $266,000

Total costs(April 30) $346,000

$514,000 $266,000

3 0

3 years ago

Nikita is the manager of a local small hotel. Just today Nikita received word that a major convention will be coming to town nex

Ne4ueva [31]

Answer:

Contingency viewpoint or approach of management

Explanation:

According to the contingency viewpoint, there is no particular standard of management. Rather, the type of management style adopted including decisions made depends on the type of situation that the organization is facing at the particular time. Nikita in this scenario is using the contingency approach since she is making decisions based on the upcoming convention.

3 0

3 years ago

What does the Mutual Reward Theory state?

alekssr [168]

Basically saying when a relationship between 2 people is boosted, there is a balance between them. The more equal the rewards, the more permanent the relationship.

8 0

3 years ago

A company's product sells at $12.26 per unit and has a $5.39 per unit variable cost. The company's total fixed costs are $96,700

Delvig [45]

Answer:

$6.87

Explanation:

Calculation for what The contribution margin per unit is:

Selling price per unit $12.26

LessVariable cost per unit ($5.39)

Contribution margin per unit $ 6.87

($12.26-$5.39)

Therefore The contribution margin per unit is: $6.87

7 0

3 years ago

Your firm needs a computerized machine tool lathe which costs $54,000 and requires $12,400 in maintenance for each year of its 3

drek231 [11]

Answer:

$2467.49

Explanation:

As we know that MACRS 3-year class life category is: 33.33 percent, 44.44 percent, 14.82 percent, and 7.41 percent

We need to find the book value of the machine tool lathe, which is 3 years from now:

Book value = 54,000 - 54,000*33.33% - 54,000*44.44% - 54,000*14.82 %

= $4,001.4

The tax will be based on the profit you have from selling the machine, so:

The profit = 12,400 - 4,001.4 = $8398.6

Therefore, our taxes are: $8398.6*0.35 = $2932.51

So, the after tax salvage value of the machine is the money you received on the sale minus the taxes you have to pay, that is:

After tax- Salvage Value = $5,400 - $2932.51= $2467.49

Hope it will find you well.

8 0

3 years ago

Read 2 more answers