Response:
Indeed, obtaining a loan would fulfill our eligibility to travel for an exceptional summer internship program next year.
Justification:
A loan would provide the necessary funds for purchasing a car. We can manage the down payment. This will allow us to acquire a vehicle. Thus, deciding to take the loan is a sound choice.
This will facilitate our commute for the summer internship. Immediately upon making the down payment, we will get the car and be able to enjoy its advantages. This represents a favorable type of debt.
Answer:
Instructions are provided below.
Explanation:
To start, we must determine the predetermined overhead rate:
Predetermined manufacturing overhead rate= total estimated overhead expenses for the period/ total allocation base amount
Predetermined manufacturing overhead rate= (680,000/80,000) + 0.5
Predetermined manufacturing overhead rate= $9 for each direct labor hour
Next, let’s find the total cost for Xavier:
Direct Material $38,000
Direct Labor Cost $21,000
Direct Labor hours worked 280
Total cost= direct materials + direct labor + allocated overhead
Total cost= 38,000 + 21,000 + 280*9
Total cost= $61,520
Response: the VRIO framework
Clarification:
VRIO represents value, rarity, imitability, and organization. These four components are utilized to assess if a business possesses a competitive edge over other firms
It is important to highlight that the VRIO framework serves as an internal instrument for organizations.
I believe the answer is C, though I'm unsure.
Answer:
DeShawn should not continue offering the engine detailing service
Explanation:
Given data
Cost = $40
Charge = $75
Total price = $90
Additional charges amount to $20
To determine
Whether DeShawn should proceed with the offer
Solution
Here, we know DeShawn's marginal benefit is Marginal benefit = total price - charge
Marginal benefit = 90 - 75
Marginal benefit = $15
Given that the additional charge is $20
Thus,
the marginal cost exceeds the marginal revenue
Hence, DeShawn should not continue the engine detailing service
