Answer:
A. cost-plus regulation
Explanation:
When a local regulator calculates the average cost of production for the public water utility or any other service and allow an adjustment for the normal rate of profit the firm should expect to earn, and then set the price that consumers can be charged accordingly, this is known as cost-plus regulation.
It is usually carried out by the government.
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Total Estimated total machine-hours (MHs) 10,000
Estimated total fixed manufacturing overhead cost= $45,800
Total Estimated variable manufacturing overhead cost- per MH= $1.90 + $2.10= $4
To calculate the estimated manufacturing overhead rate we need to use the following formula:
<u>Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base</u>
<u>Estimated FIXED manufacturing overhead rate=</u> (45,800/10,000)= $4.58
Answer:
option D
$148.2
Explanation:
Given in the question,
cost of fish = $84.79
cost of filter on sale = $44.75
cost of plants = $18.66
Total cost = $84.79 + $44.75 + $18.66
= $148.2
Answer:
B. $123,000
Explanation:
The computation of the Paul's cost of going to college is presented below:
= Tuition fees + room and board charges + books expenses + earning as a construction job - room and board charges
= $90,000 + $15,000 + $7,000 + $22,000 - $11,000
= $123,000
We simply deduct the room and board charges while working as a construction job and the other items would be added
Answer:
The scenario that best illustrate BUNDLING is option B which state that:
Fresh Seeds Inc. sells seed packages, in which a person can buy a package of three types of seeds at a discounted price compared to buying the seeds individually
Explanation:
BUNDLING occur when a company or an organisation combine different product together as a package and than sell those product at a discounted amount or lower price instead of charging their customers to buy those product separately
For example, a customers may prefer iPhone 6 than iPhone 5 Instead of the company to sell iPhone 6 for $500 dollars and iPhone 5 for $400 dollars each, the company will then bundles or combined the two product and sells them at a discounted price or amount of $300.