Answer:
A. $ 450 comma 000
Explanation:
In order to compute the fixed cost per month first we have to determine the variable cost per unit which is shown below.
Variable cost per hour = (High total cost - low total cost) ÷ (High production volume - low production volume)
= ($710,000 - $550,000) ÷ (13,000 units - 5,000 units )
= $160,000 ÷ 8,000 units
= $20
Now the fixed cost equal to
= High total cost - (High production volume × Variable cost per unit)
= $710,000 - (13,000 units × $20)
= $710,000 - $260,000
= $450,000
We simply applied the above formula
Answer:
In the modern situation of Rockville Enterprises, it is producing wood functioning tools and situated in Evansville, following are the description whether Rockville Enterprise is a defensive commotion in non-ordinary conditions or not.
A) - Yes. All form of marketing is deliberated as secure action. As these marketing is revealed in all country.
B) - No. Inspection credit value of consumers is not secure action underneath the public regulation 86-272
C) - Yes. Sustaining a stand at a business exhibition in Arizona for 14 days is measured as secure action under the public regulation 86-272
D) - Yes. Inspection record is secure action underneath the public regulation 86-272
E) - No. Organizing administration meeting is not a secure action. Conversely. Organizing individual meeting is measured as secure action.
Answer:
consumer surplus will decrease.
Explanation:
Consumer surplus is defined as the difference between the price customers are willing to pay for a product and what they actually pay.
On the demand and supply curve it is indicated by the shaded area between equillibrum and demand curve as illustrated in the attached diagram.
For example let's assume the price a customer was willing to pay for a product was $50 and market price was $30
Initial consumer surplus= 50- 30= $20
Assume bmarket price increase to $40
The new consumer surplus is= 50- 40
Present consumer surplus= $10
So a price increase causes a decrease in the consumer surplus.
Consumer surplus is the difference between the maximum
amount the consumer is willing to pay for the price of the good and the price
that was actually paid by the consumer or commonly known as the current market
price. The price that the consumer is willing to pay is determined by the
demand curve in the market.
Answer:
In 269th Payment the principal component is greater than half of the payment
Explanation:
Amortization schedule is attached please find it.
The loan payment includes the interest and principal portion. After deducting the interest on the due balance the residual amount is paid towards the principal.
Loan is paid per month, the amount of each payment can be calculated as follow:
Loan Payment per month = r ( PV ) / 1 - ( 1 + r )^-n
r = rate per period = 9% per year = 0.75% per month
n = number months = 30 years x 12 months per year = 360 Months
PV = present value of all payments = $420,000
P = payment per month = ?
P = 0.75% ( $420,000 x 90% ) / 1 - ( 1 + 0.75% )^-360
P = $3,041.47 per month