Answer:
The correct answer is option (D) A shortage of aisle seats and the equilibrium quantity of middle seats
Explanation:
An aisle seat in a plane is one which is situated at the end of a row and is always adjacent to the aisle. It it mostly preferable to other seats in the plane.
The middle seat is situated at the middle position.
From the question, if the price for the aisle and middle seat are between P1 and P2, passengers will demand for the aisle seat first which will lead to a shortage in aisle seat. Only then will the middle seat be demanded for until it reaches equilibrium with the aisle set.
Suppose that Intel currently is selling at $40 per share. You buy 500 shares using $15,000 of your own money, borrowing the remainder of the purchase price from your broker. The rate on the margin loan is 8%.
What is the percentage increase in the net worth of your brokerage account if the price of Intel immediately changes to (a) $44; (b) $40; (c) $36?
Answer:
Initial worth of brokerage account = 500 × $40 = $20,000
a). if the price changes to $44, then:
worth of brokerage account becomes = 500 × $44 = $22,000
∴ percentage increase = (22,000 - 20,000) / 20,000 = 10% increase.
b). if the price changes to $40, then:
worth of brokerage account becomes = 500 × $40 = $20,000
∴ percentage increase = (20,000 - 20,000) / 20,000 = 0 or no increase.
c). if the price changes to $36, then:
worth of brokerage account becomes = 500 × $36 = $18,000
∴ percentage increase = (18,000 - 20,000) / 20,000 = 10% decrease
The equivalent units of production for conversion costs under the weighted-average method would be less than the units started during the period, given that the ending work in process inventory is only 70% complete in terms of conversion costs. Therefore, the answer is D) less than the units started during the period.
The subject in question relates to cost accounting, dealing with the concept of equivalent units of production. To calculate the equivalent units of production for conversion costs using the weighted-average method, you consider both the work completed during the current period and the work in process at the ending of the period. Since there is no beginning inventory, you focus solely on the units started and completed during the period and the state of the ending work in process inventory. The resulting equivalent units of production for conversion costs would be less than the units started during the period. Thus, the answer should be D) less than the units started during the period, considering that the work in process at the end of the period is only 70% complete with respect to conversion costs.
#SPJ6
Under the weighted-average method, the number of equivalent units of production with respect to conversion costs would be less than the units started during the period. This is because the ending work in process inventory is only 70% complete with respect to conversion costs, and therefore, cannot be considered a full unit.
Under the weighted-average method, the equivalent units of production are usually determined for each cost component. In your case, we're considering conversion costs.
So if there was no beginning work in process inventory and the ending work in process inventory is 70% complete with respect to conversion costs, we can determine the equivalent units of production. Barring any other factors, the equivalent units of production for conversion costs would be calculated as the sum of the units completed and the equivalent units in ending work in process inventory.
Formula: Equivalent Units = Units completed + Units in ending work in process inventory (multiplied by the percentage of completion with respect to conversion costs)
Therefore, the number of equivalent units of production with respect to conversion costs under the weighted-average method would be less than the units started during the period because the units in ending work in process are not fully complete. They are only 70% complete with respect to conversion costs, and cannot be considered as a full unit.
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Answer:
the annual consumer spending is $58,000
Explanation:
The computation of the amount of the wilson family is shown below"
Annual consumer spending is
= Disposable income × marginal propensity to consume + autonomous consumption spending
= $60,000 × 0.8 + $10,000
= $48,000 + $10,000
= $58,000
hence, the annual consumer spending is $58,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Please see answers below
Explanation:
Joan may as well put a call through to Maria in addition to his previous mail. Several remedial options are available to Juan and each has its own merits and demerits. It is proper for the tenant to consider each options carefully and seek legal opinion where necessary. However, if Maria declines to do the repairs, Juan may seek the following remedies
• Repair and deduct remedy . In this type of remedy, a tenant may deduct money that is equivalent of a month's rent to cover the cost of the repair or defect. Rental unit 156 covers a condition whether faulty or substandard rented unit could affect the tenant's health and safety. Since the landlord has refused to do the repair, she is guilty of implied warranty of habitability which includes leak in the roof, gas leak, no running water etc. Also, the tenant may not have to file a lawsuit against the landlord since this type of remedy has legal aid. Other conditions attached in addition to the above are ; the repairs cannot cost more than a month's rent, the tenant cannot use the repair and deduct remedy more that twice in any 12 month period, tenant must have informed the landlord in writing and through calls of the faulty area that requires repair. His family or pets must not be the cause of the faulty area that needed to be repaired etc.
• The abandonment remedy . Here, the tenant could move out of the faulty unit or defective rental unit due to its substandard condition which could affect his health and safety. Where the tenant uses the abandonment remedy judiciously, he is not liable to pay any other rent once he has abandoned or moved out of the defective rental unit. The conditions attached are that; the defects must be serious and directly related to the tenant's health and safety, the tenant or his family must not be the cause of the faulty space that requires repair. Moreover, the tenant must have informed the landlord whether in writing or orally telephone calls of the defects that requires repair.
• The rent withholding remedy. Legally, a tenant could withhold house rent if the landlord fails to take care of serious defects that negates the implied warranty of habitability. Conditions attached to this type of remedy are; the defects to be repaired must have threatened the tenant's safety and wellbeing. Again, the faulty or defective unit must be such that it becomes uninhabitable for the tenant . The tenant, his family or pets must not be the cause of the defects that requires repairs. The tenant must have also notified the landlord either through phone calls on in writing, amongst others.
• The tenant could also file a lawsuit against the landlord to recover the cost expended to fixing the faulty repairs where the landlord was not willing to do so. Conditions that must be met before this option could stand in the court of law are; the rental unit has serious defect that is not safe for living. A housing inspector has inspected the house and found to be short of minimum requirements for habitable place etc. A tenant may seek this type of redress where the option for out of court settlement has failed with the landlord.
Answer:
The optimal stocking level is 45 muffins.
Explanation:
First we have to calculate the Overage cost Co = Purchase price - Salvage value = $0.2 - 0 = $0.2
Then the Underage cost Cu = Selling price - Purchase price =$0.80 - $0.2 = $0.60
Service level = Cu / (Cu + Co) = $0.60/($0.60+$0.2) = $0.75
Hence, optimal stocking level = Minimum demand + Service level *(Maximum demand - Minimum demand)
optimal stocking level = 30 + 0.75*(50-30) = 45
The optimal stocking level is 45 muffins.
Optimal stocking level = 68.75 Muffins
FICA - Social Security
FICA -Medicare
FUTA
SUTA
Prepare the journal entry to record Regis Company's January 8 (employee) payroll expenses and liabilities. (Round your answers to 2 decimal places.)
Prepare the journal entry to record Regis’s (employer) payroll taxes resulting from the January 8 payroll. Regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid each employee. The federal unemployment tax rate is 0.8%.
Answer:
Explanation:
Herewith is a document of word showing the solutions to the whole problem and the journal entry. Its so explanatory and i hope it helps you. Thank you