Answer:
Total Cost increase 5,253.4 unit
Explanation:
given data
weekly price a = $3.40 per gallon
ramp up weekly b = 35%
ramp up weekly upto x = $150( in hundred)
solution
we will use here the regression equation that is
Y = a + b x ...........................1
here Y is Total Cost and a is fixed cost and
b is rate of variability and x is level of activity
so here put value in equation 1 we get
Total Cost Y = 3.40 + 0.35 × ( 15,000)
Total Cost Y = 3.40 + 5,250
Total Cost increase 5,253.4 unit
Answer:
a, Journal Entries to record transactions
Account Titles Debit Credit
Cash $5,412.36
Cash Short and Over $0.71
($5,413.07 - $5,412.36)
Sales $5,413.07
The actual cash in cash register is debited to cash account and cash receipts per cash register tally is credited to sales account and the balancing figure is debited or credited to Cash short and over account.
b. Journal Entries to record transactions
Account Titles Debit Credit
Cash $3,712.95
Cash Short and Over $0.79
(3,712.95 - 3,712.16)
Sales $3,712.16
Answer:
Receivable days are 52 days.
Explanation:
Receivable days can be found from the following formula:
Receivables days = Receivables / Credit Sales * 365
The credit sales here is $6,650,000 during the year and the average receivables days is $950,000 [(950,000 + 980,000)/2] during the year. By putting the values we have:
Receivables days = $950,000 / $6,650,000 * 365 = 52 days
So the average receivable collection days were 52 days during the year.
I think it's most likely to be A (better working conditions), free trade agreements exist when countries agrees to trade imports/exports with no barriers such as tariffs and quotas, e.g. ASEAN.
I hope to helped you!
Answer:
(a) p = $ per lb
p = $2.12 per lb
(b) q = lb (c)
q = $23320
Explanation:
p=750000/q^1.5=>
p'=-1125000q^(-2.5)<0 always
=>p is decreasing with the
increasing of q. So q should take
the allowable least value=5000.
=>
(a) the charge= 750000/(5000)^1.5= $2.12/lb
(b)The max. revenue=
q = lb (c) = 2.12(5000)= $23320
