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artcher [175]
2 years ago
5

Benny is the manager of an office-support business that supplies copying, binding, and other services for local companies. He mu

st replace a worn-out copy machine that is used for black-and-white copying. He is considering two machines, and each of these has a monthly lease cost plus a cost for each page that is copied. Machine 1 has a monthly lease cost of $619, and there is a cost of $0.040 per page copied. Machine 2 has a monthly lease cost of $685, and there is a cost of $0.025 per page copied. Customers are charged $.12 per page copied. If Benny expects to make 75,000 copies per month, what would be the monthly cost for each machine
Business
1 answer:
Verizon [17]2 years ago
8 0

Answer:

Results are below.

Explanation:

Giving the following information:

Machine 1:

Monthly lease cost of $619

Cost per page= $0.040

Machine 2:

Monthly lease cost of $685

Csot per page= $0.025

<u>First, we need to structure the total cost formula for each machine:</u>

Machine 1:

Total cost= 619 + 0.04x

Machine 2:

Total cost= 685 + 0.025x

<u>Now, the cost of 75,000 pages:</u>

<u></u>

Machine 1:

Total cost= 619 + 0.04*75,000= $3,619

Machine 2:

Total cost= 685 + 0.025*75,000= $2,560

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Budget performance report for a cost center GHT Tech Inc. sells electronics over the Internet. The Consumer Products Division is
pickupchik [31]

Answer:

A.Actual $4,225,270

Budget $ 4,168,962

Over budget $112,370

Under budget $56,062

B. The director be expected to request supplemental request for Customer service salaries, warehouse wages and marketing salaries as they have significantly changed.

Explanation:

Preparation of the budget performance report for the director of the Consumer Products Division for the month of January.

GHT Tech Inc.

Budget Performance Report for Director, Consumer Products Division For the month ended January 31

Actual Budget Over budget Under budget

Customer Service Salaries $ 602,350 $ 546,840 $ 55,510 Over budget

Insurance and Property Taxes

110,240 114,660 $ 4,420 Under budget

Distribution Salaries 861,200 872,340 11,140 Under budget

Marketing Salaries 1,085,230 1,028,370 56,860 Over budget

Engineer Salaries 820,008 836,850 16,842 Under budget

Warehouse Wages 562,632 586,110 23,478 Under budget

Equipment Depreciation 183,610 183,792 182 Under budget

Totals

Actual $4,225,270

Budget $ 4,168,962

Over budget $112,370

Under budget $56,062

2. The director be expected to request supplemental reports for Customer service salaries, warehouse wages and marketing salaries as they have significantly changed.

7 0
2 years ago
Globalization has changed the nature of work. To communicate effectively in a global marketplace, you must understand the basic
Dennis_Churaev [7]

Answer: The correct answer is "d. Power distance".

Explanation: In this case the power distance dimension is described as it deals with the social status relationships between superiors and subordinates.

power distance refers to the relationship between those in power and subordinates in a society where individuals of lower rank, depending on the culture of high or low power distance, react to that authority.

In this particular case, the relationship of power is of low distance since the participation of subordinates is tolerated and even encouraged.

7 0
2 years ago
An artist who uses a spontaneous, less fussy approach to painting can be said to be using the ____________ technique
Scilla [17]
The technique that the artist is using could be described as the alla prima technique in which it is often used in paintings such as the oil paintings. It is a painting technique that uses wet paint to be able to give out its spontaneous and fuzzy look. The wet paints that are being applied to the portrait has many layers to show its structure or the beauty of the technique.
3 0
2 years ago
The standard cost of product 777 includes 2.0 units of direct materials at $6.00 per unit. During August, the company bought 29,
AfilCa [17]

Answer and Explanation:

The computation is shown below:

Total material variance = Actual quantity × Actual rate - Standard quantity × Standard rate

= 29000 × $6.3 - (16,000 units × 2) × $6

= $182,700 - $192,000

= - $9,300 favorable  

Material price variance = Actual quantity × Actual price - Actual quantity × Standard price

= (29,000 units × $6.3) - (29,000 units × $6)

= $182,700 - $174,000

= $8,700 unfavorable  

Material quantity variance =  Standard quantity × Actual quantity - Standard rate × Standard quantity  

= $6 × 29,000 units - $6 × (16,000 units × 2)

= $174,000 - $192,000

= -$18,000 favorable

The favorable is when the standard cost is more than the actual one while the unfavorable is when the standard cost is less than the actual one

8 0
2 years ago
Siemens AG invests €80,000,000 to build a manufacturing plant to build wind turbines. The company predicts net cash flows of €16
Nat2105 [25]

Answer:

a) the payback period of this investment = 5.00 years

b) Net Present Value is €11,945,600    

Explanation:

From the given information:

a)

The payback period of this investment is determined by using the formula:

Payback Period = Cost of investment/ annual net cashflow

Payback Period = €80,000,000/€16,000,000

Payback Period = 5.00 years

Thus; the payback period of this investment = 5.00 years

b)  What is the net present value of this investment?

The net present value of the investment is computed in the table below        

                    interest rate of return i = 8%

                    no of year n = 8 years

The PV factor is for 8 years and 8% is:

Year         8% factor rate

1               0.9259

2               0.8573

3               0.7938

4               0.7350

5               0.6806

6               0.6302

7               0.5835

<u>8               0.5403</u>

<u>                  5.7466</u>

Cash Flow    Select Chart       Amount    ×   PV Factor =   PresentValue

Annual          Table B1            16,000,000 ×   5.7466    = 91,945,600

CashFlow      (Using Excel)                          

Net Cash

Inflow                                                                                  91,945,600

Less:

<u>Investment                                                                          80,000,000       </u>

Net Present                                                                           11,945,600            

Value

<u>                                                                                                                        </u>

6 0
2 years ago
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