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- The list price is $671 and the net price is $543. What is the trade discount rate?Acme Manufacturing Co. and Compressors Institute of America, Inc. orally agreed that CIA would custom-manufacture a compressor for Acme at a price of $120,000. After CIA completed the work at a cost of $90,000, Acme notified CIA that the compressor was no longer needed. CIA is holding the compressor and has requested payment from Acme. CIA has been unable to resell the compressor for any price after reasonable attempts. CIA incurred storage fees of $2,000. If Acme refuses to pay CIA and CIA sues Acme, the most CIA will be entitled to recover is: Group of answer choices Nothing, because the contract was verbal only. As much as they want because the CIA has special powers. $120,000. $90,000. $122,000.The following table indicates the unit prices (in Rands) and quantities of three goods held in the national warehouse of a DIY (“do it yourself”) store for the years 2020 and 2021. Item 2020 2021 Unit Price (p0) Quantity (q0)) Unit Price (p1) Quantity (q1) Mineral spirits R23.70 30 R27.70 45 10mm spanner R49.00 60 R65.00 50 25mm brush R58.00 30 R63.00 40 Q.8.1 Using 2020 as the base year, compute the price relatives in 2021 for the 10mm spanner and the 25mm brush. Interpret your answers. (8) Q.8.2 Again, using 2020 as the base year, compute the Paasche price index for all of the items for 2021. Interpret your answer.
- C&A Fast Food has four activities in serving a customer: greet customer, take order, process order, and deliver order. Each activity is staffed by one employee (for a total of four employees). The processing time for each activity is given as follows: Greet customer Take order Process order Deliver order Activity Processing time per customer 2 seconds 30 seconds 60 seconds 5 seconds Assume demand is unlimited. Each employee is paid $7.50 per hour. If one additional employee is added to the bottleneck activity, what will be the cost of direct labor in S per customer?If rent, royalty and interest are all same values and are $300 million and the value of profit is $75 million Find the value of operating surplusThe division of a large office services company that makes high-end copiers recently signed a five-year, $25 million contract for IT services from CGI Group, a Canadian information technology company. If you were the manager of the division, how would you justify the long-term nature of your contract with CGI Group?
- Perum Perindo operates 2,500 hectares of shrimp pond in Bratasena, Lampung. There are many players in this market, including the traditional shrimp farmers and big companies listed in the IDX stock market. The product in this market is relatively standardized. It is known that perum Perindo total cost function is TC = 20 + 4Q + 0.003Q2 and the market price for a kilo of shrimp is $16. d. Write the firm variable cost and average variable cost functione. At the equilibrium level of output that has been calculated in question c , find the firm average variable cost (AVC)f. At current price level, should the firm continue to produce or shut down it operation? ExplainTimber Solutions Ltd. is expanding and needs to hire more personnel in the accounting office. Leena Barker, the chief accounting officer, knew that her cousin Rose was looking for a job. Leena offered Rose a job as her assistant. Leena will be responsible for Rose’s performance reviews and training. What suggestions would you make to improve internal control at Time Solutions LtdBrianne’s annual contribution to her union dues is $200. If her salary is $38,500, approximately what is her percentage rate contribution? 0.05% 0.5% 1% 5%
- If discount rate is 0.1, then the discount factor is?Perum Perindo operates 2,500 hectares of shrimp pond in Bratasena, Lampung. There are many players in this market, including the traditional shrimp farmers and big companies listed in the IDX stock market. The product in this market is relatively standardized. It is known that perum Perindo total cost function is TC= 20 + 4Q + 0.003Q2 and the market price for a kilo of shrimp is $16. a. Identify the market structure that perum Perindo operates inb. Find Perindo marginal costc. Find the equilibrium output leveld. Write the firm variable cost and average variable cost functione. At the equilibrium level of output that has been calculated in question c , find the firm average variable cost (AVC)f. At current price level, should the firm continue to produce or shut down it operation? ExplainWhich of the following statements about deposit/refund systems is INCORRECT Most deposit/refund systems in the United States are used for beverage containers and lead-acid batteries. Some nations use deposit/refund systems for automobile bodies The deposit is imposed at the time of purchase like a retail disposal charge To be a viable system, the refund must be exactly equal to the deposit. None of the above (because they’re all correct)