A cost production report of Lui Coffee Company is as follows -
Cost of production report:
Total cost of production $549,608
Equivalent units (207,000 + 3,680) = 210,680
Cost per equivalent unit = $2.6087 ($549,608/210,680)
Cost assigned to
Units transferred out = $540,001 (207,000 * $2.6087)
Units in ending work in process = $9,607 (549,608 -540,001)
a) Data and Calculations:
Work in Process—Roasting Department Account No.
Date Item Debit Credit Balance
July 1 Bal., 4,600 units, 4/5 completed $ 11,408
31 Direct materials, 207,000 units 434,700 446,108
31 Direct labor 82,800 528,908
31 Factory overhead 20,700 549,608
31 Goods transferred, 207,000 units 540,001
31 Bal. 4,600 units, 4/5 completed 9,607
A production report is important because it informs managers about the number of units produced in each department and the pertinent costs that were incurred during the production process.
Know more about the Production report - https://brainly.com/question/29431108
#SPJ4
Complete Question is -
Lui Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From the Roasting Department, coffee beans are then transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at July 31:
ACCOUNT Work in Process—Roasting Department ACCOUNT NO.
Date Item Debit Credit Balance
Debit Credit
July1Bal., 4,600 units, 4/5 completed 11,408
31 Direct materials, 207,000 units 434,700 446,108
31 Direct labor 82,800 528,908
31 Factory overhead 20,700 549,608
31 Goods transferred, 207,000 units ?
31 Bal., ? units, 4/5 completed ?
Required:
Prepare a cost of production report, and identify the missing amounts for Work in Process—Roasting Department.
match each hypothetical country’s aging structure to its most likely economic situation.
It should be noted that the aging structure data is important as it allows the rate of growth to be associated with the population in a country.
Your information is incomplete. Therefore, an overview of the topic will be given. There are typically three age structures which are:
The children who are under 15 years old.The working-age who are between 15 - 64 years.The elderly ones who are 65 years and older.It should be noted that an aging population lower the labor-force participation and slows down economic development in the country.
Learn more about aging population on:
https://brainly.com/question/14540910
adults 18–41 years old represent mcdonald's ________ for the campaign.
Adults 18-41 years old represent McDonald's target audience for the campaign.
In marketing, the target audience is the specific group of consumers that a brand or campaign is aimed at reaching. McDonald's has identified adults between the ages of 18 and 41 as a key demographic for their marketing efforts, likely due to their spending power and likelihood to consume fast food. The messaging and advertising strategies used in the campaign will be tailored to appeal to this age group and their specific preferences and behaviors.
Know more about McDonald's here:
https://brainly.com/question/31390253
#SPJ11
which key task in the policy development phase requires the authors to consult with internal and external experts, including legal counsel, human resources, compliance, cybersecurity and technology professionals, auditors, and regulators?
Answer:
vetting
Explanation:
BRAINLIEST AND 130 POINTS
To be eligible for Bright Futures, you must
-be accepted to a public university anywhere in the US
-be accepted to a private university anywhere in the US
-earn a standard high school diploma or its equivalent
-earn a specific amount of part time income after school
jk about the points i just wanted attention but plz help
Answer:
C
Explanation:
it is c, you are required to have a high school diploma
How could government – sponsored grants for the private development of new technologies result in a lower national debt?
Answer: Making initial development private saves the government from funding all of the research.
Explanation:
A grant refers to an amount of money that is financial assistance thats given by the government or an organization to an individual or firm for a specific purpose. A grant is different from a loan as it isn't meant to be paid back.
Government award grants for the development of technologies, community projects, home insulation etc.
With regards to the question, a government – sponsored grants for the private development of new technologies may result in a lower national debt when the government makes the initial development private thereby saving the government from funding all of the research.
On Sunday, Dawson's flower shop sold 25 arrangements. The materials needed for 25 arrangements cost $250. If he sold each arrangement for $55, what would the net income?
Answer:
Net Income = $1125
Explanation:
The net income is the difference between the revenue and the total costs incurred to earn that revenue. It can be calculated as follows,
Net Income = Revenue - Total costs
The revenue in the given question can be calculated by multiplying the selling price per arrangement by the number of arrangements sold.
Revenue = 55 * 25
Revenue = $1375
The total cost for materials needed for 25 arrangements is provided and there are no other costs.
Net Income = 1375 - 250
Net Income = $1125
Delilah purchased a wheelchair with an installment loan that has an APR of 18 percent. The wheelchair sells for $2,007. The store financing requires a 20 percent down payment and 54 monthly payments. What is the finance charge
Answer:
$748.48
Explanation:
Cost of wheelchair = $2,007
Down payment = Cost of wheelchair*20% = $2,007*20% = $401.40
Amount of finance = Cost of wheelchair - Down payment = $2,007 - $401.40 = $1,605.60
Interest rate = 18% * 1/12 = 1.5%per month
Term = 54 month
Monthly payment = Amount of finance*I/[1-(1+I)^-n]
Monthly payment = $1,605.60*1.5%/[1-(1+1.5%)^-54]
Monthly payment = $1,605.60*1.5%/[1 - 0.447541]
Monthly payment = $1,605.60*0.015/0.55246
Monthly payment = $43.59411
Total amount paying for loan over a period = Monthly payment * Term = $43.59411 * 54 = $2354.08
Amount of finance charge = Total amount paying for loan - Amount of loan
Amount of finance charge = $2354.08 - $1,605.60
Amount of finance charge = $748.48
Which of these is a reason why a company may want to recruit internally? A Better chance of fresh ideas o B. Broader experience within the industry c. Familiarity with the company mission D. Saving money on salaries
Answer:
C. Familiarity with the company mission.
Explanation:
As a corporate director, I tend to seek talent within our organization for this very reason. Long term team members whom plan on growing with our organization are, at times, best suited for roles above their current level due to their loyalty and familiarity with the company mission. Promoting within gives great culture to a company and adds to overall moral.
What is a unique feature of your product or service? a pharmacy
Explanation:
u do D farma if yes its helpfull for u
When there is low competition, firms can use a price strategy to recover research and development costs and make as much profit as possible.
When a market is experiencing low competition, firms can recover research and development costs by using a skimming price strategy.
What is a skimming price strategy?This refers to when companies sell goods at a high price because there isn't much competition.
As other suppliers enter the market and the competition increases, the companies will then reduce their prices.
Find out more on skimming prices at https://brainly.com/question/14228569
#SPJ1
Qik Fix-It offers Cody a job as a plumber. No time for acceptance is specified in offer. The offer will terminate: Group of answer choices A. This common law offer will expire after a reasonable period of time. B. This UCC offer will expire after a reasonable period of time. C. After atypical work week (five business days) for this common law offer D. This common law offer will expire after a usual month (thirty calendar days). E. Never
Answer:
A. This common law offer will expire after a reasonable period of time.
Explanation:
Since in the question Cody offered a job from Qik Fix as a plumber but there is no time given for acceptance so the offer would be terminated after a reasonable time period as this represents a common law where the offer would be expire after a reasonable period in the case when the time period is not mentioned
Therefore the correct option is a.
Who is the most important institution of the country?
The most important institution of the country is the Prime Minister. The reason can be seen as under.
A prime minister, premier, or chief of the cabinet is frequently the head of the cabinet and the leader of the ministers in a parliamentary or semi-presidential system. In those configurations, the monarch in a republican or democratic constitutional monarchy serves as the head of state while the prime minister serves as the head of government.
The Prime minister is the most important institution of the country because of various reasons. When the prime minister resigns or passes away, the cabinet of ministers cannot function since the prime minister continues to serve as the cabinet's administrator. He oversees the National Development Council, Inter-State Council, Planning Commission, and National Integration Council. He also plays a significant part in shaping the country's foreign policy.
To learn more about Prime Minister, click here:
https://brainly.com/question/1616030
#SPJ4
NOTE: The above question is incomplete on the portal. Here's is the complete question.
Question: Who is the most important institution of the country?
(A) Prime Minister
(B) Supreme Court
(C) President
(D) Parliament
Calculating your expenses helps you budget because
Given the following information, what are the NZD/SGD currency against currency bid-ask quotations? (You are required to compute two sets of cross-rate bid and ask quotes. 1. "New Zeland dollar" means the cross rate of NZD/SGD. 2. "Singapore dollar" means SGD/NZD. Do not round intermediate calculations. Round your answers to 4 decimal places. ) American Terms Bid Ask Bank Quotations New Zealand dollar Singapore dollar European Teres Bid Ask 1. 3772 1. 3786 1. 6311 1. 6324 7277 -7284. 6144 6149 New Zealand dollar Singapore dollar Bid Ask
The bid-ask quotations for the NZD/SGD currency pair are as follows: New Zealand dollar (NZD) against Singapore dollar (SGD): Bid: 1.3772, Ask: 1.3786
Singapore dollar (SGD) against New Zealand dollar (NZD):
Bid: 0.7277
Ask: 0.7284
To calculate the bid-ask quotations for the NZD/SGD currency pair, we need to consider the cross rates between the New Zealand dollar (NZD), Singapore dollar (SGD), and the American Terms and European Terms bid-ask quotations.
For the NZD/SGD bid-ask quotations:
The bid quotation is obtained by dividing the European Terms bid (1.6311) by the American Terms ask (1.3786), which gives us 1.3772.
The ask quotation is obtained by dividing the European Terms ask (1.6324) by the American Terms bid (1.3772), which gives us 1.3786.
For the SGD/NZD bid-ask quotations:
The bid quotation is obtained by dividing 1 by the NZD/SGD ask quotation (1.3786), which gives us 0.7277.
The ask quotation is obtained by dividing 1 by the NZD/SGD bid quotation (1.3772), which gives us 0.7284.
Therefore, the bid-ask quotations for the NZD/SGD currency pair are as follows:
New Zealand dollar against Singapore dollar:
Bid: 1.3772
Ask: 1.3786
Singapore dollar against New Zealand dollar:
Bid: 0.7277
Ask: 0.7284
Learn more about currency cross rates here: brainly.com/question/31454658
#SPJ11
may an accountant accept an engagement to compile or review the financial statements of a not-for-profit entity if the accountant is unfamiliar with the specialized industry accounting principles but plans to obtain the required level of knowledge before compiling or reviewing the financial statements?
An entity engaged an accountant to review its fs in accordance with statements on standards for accounting and review services.
How does an accountant work?The Bureau of Labor Statistics states that, generally speaking, accountants compile, analyze, evaluate, and create financial data for their department or organization as a whole (BLS). 1. They deal with financial records to make sure that corporate processes are legal, effective, and compliant.
Do accountants earn a good living?In conclusion, accounting profession wages can range from $40,000 to $120,000 per year based on education, certifications, firm location, and notably years of experience. The average accounting career salary is $70,000 to $130,000 per year, with a 6% job growth rate by the year 2030.
To know more about Accountant visit:
https://brainly.com/question/5640110
#SPJ4
Video game designers can do visual design or programming.
A.
True
B.
False
Some companies have reportedly abandoned the practice of doing a customer test with the early prototypes of their products, preferring instead to go directly and quickly to market in order to observe the actual customer response. For what types of products and markets might this practice make sense?
Answer:
The practice of bypassing customer testing with early prototypes and going directly to market to observe customer response may make sense for certain types of products and markets. One situation in which this approach may be appropriate is when developing products that are highly iterative and can be easily modified based on customer feedback. This is especially true for products in fast-paced and rapidly evolving markets, such as technology or fashion, where speed to market is crucial to remain competitive. Additionally, companies may choose to skip customer testing when launching products in established markets where customer preferences and needs are already well understood and there is a high degree of confidence in the product's potential success. However, it is important to note that skipping customer testing also carries risks, including the potential for product failure and negative customer reactions that could harm the company's reputation and brand.
To learn more about, customer, click here:
https://brainly.com/question/31192428
#SPJ11
Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral
Answer:
deferral
Explanation:
Adjusting entries are when changes are made to already recorded journal entries.
Categories of adjusting entries :
accrued revenuesaccrued expensesunearned revenuesprepaid expensesdepreciation.Prepaid expenses are payments made for services yet to be delivered.
For example, paying for a year's worth of subscription on your streaming service
Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral
Antonio, a 45-year-old, has been charged with fraud for conning an elderly couple into giving him their atm card. a judge listens to the evidence against him and decides that antonio should be charged. antonio’s lawyer points out that he has never been a violent person. he concedes that the charge against antonio is serious but promises that if set free until trial, he will return to face the charges. given his history and the crime, what will the judge most likely do to antonio at this stage? he will release antonio on his own recognizance. he will release antonio into the custody of his wife he will set bail for antonio at $3000 he will detain antonio in jail until the trial date
If Antonio, a 45-year-old, has been charged with fraud for conning an elderly couple into giving him their atm card. The judge will likely: C. He will set bail for Antonio at $3000.
Fraud can be defined as the act of deceiving someone due to the benefit that a person what to derived or due to the selfish interest of the person who defraud another person. A fraudulent act is a criminal act in the court of law.
Based on the given scenario since the judge listens to the evidence against Antonio and decides that he should be charged , based on the history and crime of Antonio what the judge is likely to do is to set bail for Antonio at the amount of $3,000.
Therefore we can conclude that the correct option is C.
Learn more about fraud here:https://brainly.com/question/1063454
#SPJ1
AtGlobal, Inc. claimed In Its advertisement that you can buy electronic Items on credit. Which federal law is applicable when AtGlobal, Inc. states
Its credit terms?
A.
Fair Debt Collection Practices Act
OB.
Truth in Lending Act
C.
Fair Credit Billing Act
O D.
Fair Credit Reporting Act
OE.
Equal Credit Opportunity Act
Answer: c
Explanation:
Read the first four paragraphs (1-4) of the above comprehension passage and write a summary.
Your summary should be one-third (1/3) of the original text.
Our current educational system focuses on preparing today’s youth to get good jobs by developing scholastic skills. Their lives will revolve around their wages. Many will study further to become engineers, scientists, cooks, police officers, artists, writers, and so on. These professional skills allow them to enter the workforce and work for money. But there is a big difference between your profession and your business. Often, I ask people, "What is your business?" And they will say, "Oh, I’m a banker." Then I ask them if they own the bank. And they usually respond, "No, I work there." In that instance, they have confused their profession with their business. Their profession may be a banker, but they still need their own business.
2. A problem with school is that you often become what you study. So, if you study cooking, you become a chef. If you study the law, you become an attorney, and a study of auto mechanics makes you a mechanic. a. The mistake in becoming what you study is that too many people forget to mind their own business. They spend their lives minding someone else’s business and making that person rich. To become financially secure, a person needs to mind their own business. Your business revolves around your asset column, not your income column. The number-one rule is to know the difference between an asset and a liability, and to buy assets. The rich focus on their asset columns, while everyone else focuses on their income statements.
3. That is why we hear so often: "I need a raise." "If only I had a promotion." "I am going back to school to get more training so I can get a better job." "I am going to work overtime." "Maybe I can get a second job." The primary reason the majority of the poor and middle class are fiscally conservative—which means, "I can’t afford to take risks"— is that they have no financial foundation. b. They have to cling to their jobs and play it safe. When downsizing became the "in" thing to do, millions of workers found out their largest so-called asset, their home, was eating them alive. Their "asset" was costing them money every month. Their car, another "asset," was eating them alive. The golf clubs in the garage that cost $1,000 were not worth $1,000 anymore. Without job security, they had nothing to fall back on. What they thought were assets could not help them survive in a time of financial crisis.
4. I assume most of us have filled out a credit application to buy a house or a car. It’s always interesting to look at the "net-worth" section because of what accepted banking and accounting practices allow a person to count as assets. One day when I wanted a loan, my financial position did not look too good. So, I added my new golf clubs, my art collection, books, electronics, Armani suits, wristwatches, shoes, and other personal belongings to boost the number in the asset column. But I was turned down from getting the loan because I had too much investment in renting houses. The loan committee didn’t like that I made so much money from rent. They wanted to know why I did not have a normal job with a salary. They did not question the Armani suits, golf clubs, or art collection. Life is sometimes tough when you do not fit the standard profile.
The current educational system focuses on preparing youth for jobs, but it's important to differentiate between a profession and a business .
people become what they study and spend their lives working for someone else, neglecting their own business.
Financial security lies in building assets, not just relying on income. The poor and middle class struggle due to lack of financial foundation, often clinging to jobs for security. Possessions like homes and cars can become liabilities rather than assets. Traditional net-worth calculations may not account for unconventional sources of wealth, leading to difficulties in obtaining loans.
The first four paragraphs highlight the distinction between a profession and a business. While the educational system aims to equip individuals with scholastic skills for good jobs, it's crucial to understand that a profession alone might not guarantee financial independence. Many people mistakenly confuse their profession, such as being a banker, with owning a business. Financial security comes from minding one's own business and focusing on building assets rather than solely relying on income.
The second paragraph emphasizes that becoming what one studies can lead to a narrow focus on someone else's business, which often enriches others rather than oneself. To achieve financial stability, individuals need to pay attention to their own asset column. Differentiating between assets and liabilities becomes crucial. The wealthy prioritize growing their asset columns, while those who concentrate solely on their income statements struggle to achieve financial success.
The third paragraph delves into the reasons why the poor and middle class tend to be fiscally conservative and risk-averse. Lacking a strong financial foundation, they become dependent on their jobs for stability and are reluctant to take risks. Economic downturns expose the vulnerability of their so-called assets, such as homes and cars, which turn out to be burdens rather than sources of financial security.
The fourth paragraph illustrates a personal experience related to net-worth calculations and loan applications. It highlights the disparity between accepted accounting practices and unconventional wealth sources. While personal belongings like art collections, golf clubs, and expensive suits were not questioned, the committee focused on the applicant's rental property investments instead of a traditional job with a salary. This experience serves as an example of the challenges faced when deviating from the standard profile.
Overall, the passage emphasizes the importance of minding one's own business, building assets, and understanding the difference between assets and liabilities. It sheds light on the struggles faced by those without a solid financial foundation and challenges traditional notions of wealth evaluation.
Learn more about business here:
https://brainly.com/question/15826604
#SPJ11
SOMEONE HELP QUICK PLS!!! Examine the credit terms below:
Interest Rates and Interest Charges Annual Percentage Rate (APR) for Purchases 0% introductory APR for 10 months. After that, your APR will be 10.99%, 15.99%, or 17.99%, based on your creditworthiness. This APR will vary with the market, based on the Prime Rate. What happens to the APR after 10 months?
A) It decreases to 0%.
B) It increases to a variable rate of 10.99%, 15.99%, or 17.99%.
C)The credit terms do not specify how the rate will change.
D)There is no change to the interest rate.
Since the introductory APR is 0% from the beginning of the credit period till the 10th month, the APR after the 10th month B) increases to a variable rate of 10.99%, 15.99%, or 17.99%.
APR (Annual Percentage Rate) is the annual interest rate that applies to loans and other credit facilities, and it does not use the compounding interest principle.
The APR does not decrease to 0%, and the credit terms specify how the rate changes from the prime rate based on creditworthiness.
Thus, the APR is variable from the 10th month based on the individual's creditworthiness.
Learn more: https://brainly.com/question/9301830
Answer:
The answer is most likely B B) It increases to a variable rate of 10.99%, 15.99%, or 17.99%.
I hope this helps and sorry for the wait
The total value added
A.) equals the retail price
B.) equals the retail price less the wholesale price
C.) equals the sum of the prices on the intermediate goods
D.) equals the wholesale price
The correct answer is option C) equals the sum of the prices on the intermediate goods.
Value added is the increase in the value of a product or service as a result of a particular production process. It is calculated by subtracting the cost of inputs (such as raw materials and intermediate goods) from the value of the final product. The total value added in a production process is equal to the sum of the values added at each stage of production.
Value added is a concept used in economics to measure the value that is added to a product or service at each stage of production. It is calculated by subtracting the cost of inputs (such as raw materials and intermediate goods) from the value of the final product.
Learn more about “intermediate goods. “ visit here;
https://brainly.com/question/30737230
#SPJ4
Complete Question
What is meant by the term "total value added" in the context of national income accounting, and which of the following statements is true regarding it?
A) Equals the retail price
B) Equals the retail price less the wholesale price
C) Equals the sum of the prices of intermediate goods
D) Equals the wholesale price
give an example of a business operating in a monopolistic market in South Africa
Answer:
Diamond sales by De Beers's Central Selling Organisation (CSO) and SA Breweries' (SAB) production of beer.
Explanation:
That is one I honestly think.
:D HOPE THAT HELPS, GOODLUCK!
If interest is compounded at 20% per year, how long will it take for $50,000 to accumulate to$86,400? Here, we should use formula for total due after n years. n = ?
The correct answer is Therefore, it will take approximately 3.85 years for $\(50,000\) to accumulate to $\(86,400\) with a 20% compound interest rate per year.
To calculate the time it takes for $50,000 to accumulate to $86,400 with a compound interest rate of 20% per year, we can use the formula for the total amount due after "n" years:\(A = P(1 + r)^n\)
Where: A = Total amount due ($86,400)
P = Principal amount ($50,000)
r = Interest rate per period (20% or 0.2)
n = Number of years (unknown)
By substituting the given values into the formula, we can solve for "n":
\(86,400 = $50,000(1 + 0.2)^n\)
Dividing both sides by $\(50,000\), we get:\(1.728 = (1.2)^n\)
To solve for "n," we can take the logarithm (base 1.2) of both sides:
\(log₁.₂(1.728) = n\)
Calculating the logarithm, we find that n is approximately 3.85 years.
To learn more about compound interest, visit here
https://brainly.com/question/14295570
#SPJ4
Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.54 percent, a par value of $1,000 per bond, matures in 4 years, has a total face value of $3.8 million, and is quoted at 103 percent of face value. The second issue has a coupon rate of 6.10 percent, a par value of $2,000 per bond, matures in 23 years, has a total face value of $8.1 million, and is quoted at 95 percent of face value. Both bonds pay interest semiannually. The company's tax rate is 39 percent. What is the firm's weighted average aftertax cost of debt
Answer:
3.20%
Explanation:
The firm's weighted average aftertax cost of debt can be determined by first of all determining the before-tax cost of each debt.
Using a financial calculator, the before-tax costs of debt are ascertained as follows:
Bond 1:
N=8(number of semiannual coupons in 4 years)
PMT=17.70 (semiannual coupon=face value*coupon rate/2=$1,000*3.54%/2=$17.70)
PV=-1030(current price=$1000*103%=$1030)
FV=1000(the face value is $1000)
CPT
I/Y=1.37%(the semannual yield, annual yield=1.37%*2=2.74%)
after-tax cost of first debt=2.74%*(1-39%)=1.67%
Bond 2:
N=46(number of semiannual coupons in 23 years)
PMT=30.50 (semiannual coupon=face value*coupon rate/2=$1,000*6.10%/2=$30.50)
PV=-950(current price=$1000*95%=$950)
FV=1000(the face value is $1000)
CPT
I/Y=3.26%%(the semannual yield, annual yield=3.26%%*2=6.52%)
after-tax cost of second debt=6.52%*(1-39%)=3.98%
market value of first debt=$3.8 million*103%=$3,914,000
market value of second debt=$8.1 million*95%=$7,695,000
total market value of debts=$3,914,000+$7,695,000=$11,609,000
firm's weighted average aftertax cost of debt=(1.67%*$3,914,000/$11,609,000)+(3.98%*$7,695,000/$11,609,000)
firm's weighted average aftertax cost of debt=3.20%
Bob sells tires. He knows that his weekly sales drop if he increases the unit price p (in dollars). The weekly sales are given by an unknown function N(p). His weekly revenue is R(p)=pN(p). Bob is currently selling tires for 100 dollars each. His weekly sales are running at 120 tires per week, so N(100)=120. His marketing department estimates that he will lose 2 sales per week for each 10 dollar increase in unit price, so N′(100)=−0.2. Estimate Bob's increase in weekly revenue for each one dollar increase in tire price.
Answer:
Increase in weakly revenue = $9.8
Explanation:
Price (P) = 100, Demand or Sales N (P) = 120.
So revenue R(P) = P x N(P) = 120 x 100 = 120000
Given : 2 sales per week lost for 10 units increase in price.
New price (P') = 110 , New Demand or sales N' (P) = 118
So new revenue R' (P) = P' x N' P = 110 x 118 = 12980
Change in Total revenue due to 10 units price rise = 12980 - 120000 = 980
So, change in total revenue due to one unit price rise = 980/ 10 = 9.8
Increase in weakly revenue = $9.8
Revenue refers to money and it is generated from normal business operations, Also it is calculated as the average sales price times the number of units sold.
RevenuePrice (P) = 100, Demand or Sales\(N (P) = 120.\)
So The revenue is \(R(P) = P x N(P) = 120 x 100 = 120000\)
Then Given information are: 2 sales per week lost for 10 units increase in price.
Now the New price is\((P') = 110\) , New Demand or sales\(N' (P) = 118\)
So new revenue\(R' (P) = P' x N' P = 110 x 118 = 12980\)
Change in Total revenue due to 10 units price rise =\(12980 - 120000 = 980\)
Thus, It is changed in total revenue due to one unit price rise = \(980/ 10 = 9.8\)
Find out more information about Revenue here:
https://brainly.com/question/1510934
Workers who get to be a part of effective teams are likely to have
Answer:
increased self-esteem.
Explanation:
a buyer and seller agree upon an option to purchase, with a 60-day option period. when should the parties agree upon the purchase price?
The parties, a buyer and seller, should agree upon the purchase price before entering into the option to purchase agreement, during the negotiation process.
The parties should agree upon the purchase price of a property when they enter into an option-to-purchase agreement with a 60-day option period.
What is an option to purchase?
An option to purchase is a contract between a buyer and a seller that grants the buyer the right to purchase the property at a set price within a specified timeframe, typically for a small fee. During the option period, the buyer has the opportunity to investigate the property further before making a final decision on whether or not to purchase it. When the parties agree upon an option to purchase, the terms and conditions of the purchase, such as the purchase price, are established in the agreement. Therefore, the parties should agree upon the purchase price when they enter into an option-to-purchase agreement with a 60-day option period, to ensure that the terms of the purchase are clearly defined and agreed upon by both parties.
Learn more about buyers here:
https://brainly.com/question/30664586
#SPJ11
How does your state’s on-time payment record compare to the national rate?
It should be noted that my state’s on-time payment record is high compare to the national rate.
What is a credit score?A credit score serves as a numerical expression based on a level analysis of a person's credit files.
This is a term that to represent the creditworthiness of an individual after his account has been checked.
learn more about credit score at;
https://brainly.com/question/11421834