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1 year ago

What is the marginal benefit of the 4th fried peanut butter and banana sandwich?

1 answer:

8 0

Given the table below describing the total and marginal benefit Elvis gets from fried peanut butter and banana sandwiches.

$\begin{tabular}
{|p {3.5cm}|p {2.0cm}|p {2.6cm}|}
\multicolumn {3} {|c|} {Elvis' Fried Peanut Butter and Banana Sandwich Benefit}\\[2ex]
Fried PBB Sandwiches&Total Benefit (dollars)&Marginal Benefit (dollars)\\[1ex]
1&&42\\
2&&24\\
3&75&\\ 
4&81&\\ 
5&&-3
\end{tabular}$

<span>The marginal benefit of the 4th fried peanut butter and banana sandwich is given by $81 - $75 = $6.</span>

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Suppose that Karen deposits $500 into her checking account at the bank. The reserve requirement for Karen's bank is 12%. Assume

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Answer and Explanation:

According to the scenario, computation of the given data are as follow:-

a.)

Assets Amount($) Liabilities Amount($)

Change in reserves ($500 ×12%) 60 Change in deposits 500

Change in loans ($500 - $60) 440

B) Customers can withdraw the amount of the money at any time from the bank whenever they have a need for money and at that time this is the liability of the bank to pay that amount to the customer which he wants from their savings. This is the reason that deposits are considered as liabilities for the bank. So option (b) is correct.

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2 years ago

Lauren and Jeff have both identified issues they're having working together on their project. What is the next step to finding a

loris [4]

Answer:

Brainstorm possible solutions

Explanation:

After identifying the problem, Lauren and Jeff will have to find agreeable ways of solving the issues. The solutions must be a joint effort between the two; otherwise, the problems will persist. Each has to propose solutions they deem fit. They will then brainstorm on the proposals and come up with appropriate solutions acceptable by each.

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2 years ago

Ray, the CEO of McNealy Metals, often brags that his company offers the highest salaries in the industry, has excellent working

Sati [7]

Answer:

Hygiene factors

Explanation:

Hygiene factors are those that do not give positive satisfaction or result in higher motivation. However when they are absent it results in dissatisfaction. Examples are status, job security, fringe benefits, salary, work conditions and vacations.

McNealy Metals offers the highest salaries in the industry, has excellent working conditions, and has clear and consistent company policies. These are hygiene factors. That is why the staff are not highly motivated.

On the other hand motivational factors include achievement, autonomy, personal growth, recognition, and responsibility.

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2 years ago

Five Card Draw manufactures and sells 24,000 units of Diamonds, which retails for $180, and 27,000 units of Clubs, which retails

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Question Completion:

Find the gross profits for Diamonds and Cards

Find the total gross profit

Answer:

Five Card Draw

Diamonds Clubs Total

Gross profit $1,632,000 $1,188,000 $2,820,000

Explanation:

a) Data and Calculations:

Diamonds Clubs Total

Units manufactured and sold 24,000 27,000 51,000

Retail price $180 $190

Sales revenue $4,320,000 $5,130,000 $9,450,000

Direct materials cost per unit $25 $30

Labor rate = $25 per hour

Direct labor hours per unit 3 4

Total direct labor hours 72,000 108,000 180,000

Estimated overhead = $720,000

Predetermined overhead rate = $4 ($720,000/180,000) per DLH

Overhead allocation $288,000 $432,000 $720,000

Total direct materials costs $600,000 $810,000 $1,410,000

Total direct labor costs $1,800,000 $2,700,000 $4,500,000

Total costs of production $2,688,000 $3,942,000 $6,630,000

Income Statement:

Diamonds Clubs Total

Sales revenue $4,320,000 $5,130,000 $9,450,000

Total costs of production $2,688,000 $3,942,000 $6,630,000

Gross profit $1,632,000 $1,188,000 $2,820,000

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2 years ago

Lupe's recorded balance was off by $43, and she thinks that it’s because she made a mistake in her records. What mistakes did sh

nataly862011 [7]

Answer:

In the wrong column, Lupe recorded her paycheck. She had forgotten to report one of her purchases too.

Explanation:

As we can see in the picture that Lupe recorded her paycheck in the wrong column.

Moreover, She had forgotten to report one of her purchases too.

By this mistake, Lupe recorded balance was off by $43 and she thinks the same that she made a mistake while recording the transactions with respect to purchasing, deposits, paycheck, etc

4 0

2 years ago

Read 2 more answers