Answer:
Risk on the critical path should be given higher priority than activities that are not part of the critical path, or that have a positive slack.
This is because incurring in a riks that is on the critical path can seriously alter the schedule of a project, to the point that the project could be delayed or put off.
Lori has already decided she wants to sell beauty products and market them to small beauty salons. She now needs to decide how she wants to price her product so that the beauty salons will buy it. Option B. decide how to price her product is the next step that Lori should take. After she decided the price, she will have the what, where and how much and then she can move on to how she will advertise her product to the small beauty stores.
Answer:
Calculation of Avoidable Cost:
Direct Materials $3.40
Direct Labor
8.00
Variable manufacturing overhead 8.50
Supervisor's salary 3.90
Total Avoidable Cost $23.8
Note: Depreciation is a sunk cost and not relevant for decision making.
General Fixed Overhead will remain the same irrespective of decision. Hence, not relevant for decision making.
Evaluation of offer:
Loss on Sale from outside supplier (26.70-23.8)*15,500 $(44,950)
Additional Segment Margin earned $27,500
Financial Advantage/(Disadvantage) $(17,450)
Hence, annual financial disadvantage for the company as a result of buying part U16 from the outside supplier = $17,450
Answer: 12.68%
Explanation:
The Effective Annual Interest rate is the nominal interest rate adjusted for the number of compounding periods a financial product will experience in a period of time which is usually a year.
The formula is,
Effective annual interest rate = (1 + (nominal rate / number of compounding periods)) ^ (number of compounding periods) - 1
Plugging in the figures would give,
EAR = (1 + 0.01) ^ 12 - 1
EAR = 1.01^12 - 1
EAR = 12.68%
You might notice that in the bracket I did not divide the 1% by 12. This is because the 1% was already given as the month's interest rate.
Answer:
<u>$25,000 </u>
Explanation:
Now, to get the amount of farmer's sale of that which will be included as apples in GDP.
The farmer’s sales of worth $25,000 will be included as apples in GDP, as the farmer sells the apples to individuals who take them to eat.
<u><em>GDP is abbreviated as gross domestic product.</em></u>
<em>GDP represents the goods and services produced within the country over a particular time. The economists used it to determine whether the country is facing recession or having a growth.</em>
<u><em>As, the $25,000 worth of apples of the farmer's sale is the monetary value of the apples produced by the farmer in the country to sell to individuals for their consumption in their home. As private consumption is one of largest part of GDP.</em></u>
Thus, the farmer's sales that will be included as apples in GDP is <u>$25,000</u> worth of apples, as the farmers sells these apples to individuals who take them home to eat.
