Answer:
C) a two-year vocational school program in automotive repair
Explanation:
From the answers provided within the question it can be said that the best educational choice would be a two-year vocational school program in automotive repair. This program will teach Mario everything he needs to know about automotive repair including how to diagnose each problem and figure out how to solve them. The program will also prepare him with actual vehicle repair hands-on training.
Answer:
Total amount of dividends paid over the last three years is $20500
Explanation:
The net income of the company is either retained in the company or paid out as dividends. To calculate the value of the ending retained earnings, we use the following formula,
Ending balance = Beginning balance + Net Income - Dividends
We first need to calculate the total net income for the 3 year period. The total net income for the 3 year period is, 3 * 6500 = $19500
Plugging in the available values for the ending and beginning balance of retained earnings and net income, we can calculate the value of total dividends paid for the three year period.
15000 = 16000 + 19500 - Dividends
Dividends = 35500 - 15000
Dividends = $20500
Answer:
a) If Jeff purchases today, then he can expect to earn $30,000.
b) If Jeff decides to wait and try to purchase tomorrow, his expected profit is $22,000.
c) If Jeff decides to wait even more and buy the day after tomorrow, then his expected profit is $8,400.
d) Three days form now there will be no XPO2 available, so his profit is $0.
e) Jeff should purchase the XPO2 today and earn $30,000.
Explanation:
selling price $180,000
- buys today, then profit = $180,000 - $150,000 = $30,000
- buys tomorrow, then profit = $180,000 - $125,000 = $55,000 x 40% = $22,000
- if he buys the day after tomorrow, then profit = $180,000 - $110,000 = $70,000 x 40% x 30% = $8,400
- if he waits 3 days, then his profit is $0 because there are no XPO2s available.
Answer:
$18,400
Explanation:
Given that
Direct material = $10
Direct labor = $6
Variable overhead
= ($70,000 ÷ 10000 units)
= $7
Total cost per unit of Finished Goods
= $23
So, the value of ending inventory under variable costing
= $23 × 800 units
= $18,400
Therefore we include Direct material per unit, Direct labor per unit and variable overhead per unit under variable costing.
Answer:
since 
Explanation:
U(q₁ q₂)
Budget law can be given by
Lagrangian function can be given by
First order condition csn be given by
From eqn (i) and eqn (ii) we have
Putting 
in euqtion (iii) we have
since
