Starling must deposit approximately $9,096.64 at the end of each year to reach his retirement goal of $2,030,000 in 33 years, given a 9.41% annual interest rate.
To solve this problem, we need to find the annual deposit Starling must make to reach $2,030,000 in his retirement account in 33 years, given a 9.41% annual interest rate. We can use the future value of annuity formula:
FV = P * [(1 + r)^n - 1] / r
Where FV is the future value of the annuity, P is the annual deposit, r is the annual interest rate, and n is the number of years. We'll rearrange the formula to solve for P:
P = FV / [(1 + r)^n - 1] * r
Plugging in the values:
P = $2,030,000 / [(1 + 0.0941)^33 - 1] * 0.0941
Solving for P:
P ≈ $9,096.64
It has been determined that in order for Starling to reach his retirement goal of $2,030,000 in 33 years, he must deposit approximately $9,096.64 at the end of each year.
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People and blank careers are per suitors they like leader ship pools as well as sales they often have a good verbal abilities and talk to people into doing things their way
Answer:
Enterprising
Explanation:
Given that people in enterprising careers are those taking job positions such as Insurance Sales Agent, Lawyers, Arbitrator, Mediator, Sales or Retail Buyer, Head Cook, Construction Manager.
Hence, it practically correct to conclude that People in ENTERPRISING careers are persuaders they like leadership roles as well as sales, they often have a good verbal ability and talk to people into doing things their way
You purchased a USD strip bond at $9,350 CAD when the USD/CAD was trading at.74. Later, at the bond's maturity, the USD/CAD was trading at .65. What amount of your foreign exchange gain is taxable? O a) $0.00 O b) $1,672 O c) $1,872 O d) $2,750
The correct answer is a) $0.00, as there is no taxable foreign exchange gain in this scenario.
The taxable foreign exchange gain can be calculated by determining the difference between the CAD amount used to purchase the USD strip bond and the CAD amount received at the bond's maturity, after accounting for the change in the USD/CAD exchange rate. The taxable gain arises when there is an increase in the CAD value of the USD used for the bond purchase.
To calculate the taxable foreign exchange gain, we need to compare the CAD amount used for the purchase of the USD strip bond with the CAD amount received at maturity, taking into account the change in the USD/CAD exchange rate.
The initial purchase amount of the USD strip bond in CAD can be calculated by multiplying the USD purchase price ($9,350) by the USD/CAD exchange rate at that time (.74). This gives us $6,919 CAD.
At the bond's maturity, the USD/CAD exchange rate was .65. To calculate the CAD amount received at maturity, we multiply the USD maturity value by the USD/CAD exchange rate. Since the bond is a strip bond, the maturity value is the same as the initial purchase price ($9,350 USD). Multiplying $9,350 by .65 gives us $6,077 CAD.
The difference between the initial purchase amount ($6,919 CAD) and the amount received at maturity ($6,077 CAD) is $842 CAD. This represents the taxable foreign exchange gain.
Therefore, the correct answer is a) $0.00, as there is no taxable foreign exchange gain in this scenario.
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Definition for crime and violence
Answer:
Crime can therefore be defined as a violation of the law and an act of deviance from established rules, or a non-commission of an action that is required by law. Violence, on the other hand, is an act of physical aggression that in most cases results in harm.
Gloria has a coffee shop and has been in business for years. She has many
customers that are regulars, but she's looking to acquire more. So far, she has
signs around the neighborhood, a TV commercial, an ad in the newspaper,
and coupons sent to everyone in the area. Which form of advertising can she
utilize now that she hasn't already?
A. Radio
B. TV
C. Signage
D. Print
Answer:
a. radio
Explanation:
The form of advertising that Gloria can utilize now that she hasn't already is Radio.
Thus, Option A is correct.
What do you mean by advertising?Advertising is described as a strategy used to gain attention to a certain product or service among the general population. A viewership is exposed to a product, brand, or service through the use of an advertisement in order to grab their attention, promote interaction, and boost sales.
Through advertising, new products, services, and ideas are introduced to consumers. In this case, it makes a reference to the introduction of items and the search for mass consumers. Advertising is a sort of marketing communication that is used to market or sell a company's goods or services. Advertising's Latin root means "to draw people's attention toward."
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6. He is not a skilled worker. He
doesn't ............... much.
win
gain
earn
pay
afford
Answer:
earn .
He is not a skilled worker. He doesn't earn much.
Explanation:
He doesn't earn much.....
On March 25, 2014, Patton Company sold merchandise on account,$10,000. The applicable sales tax percentage is 8.5%. Record the transaction.
Answer:
Kindly see attached picture
Explanation:
Sales tax percentage= 8.5%
Sales = 10,000
Sales tax payable = 0.085 × 10000 = 850
Accounts payable = 10000 + 850 = 10850
Kindly see attached picture for journal entry
What are the primary reasons people choose to invest and trade stocks?
(Select all that apply.)
to earn a dividend to earn a dividend , ,
to earn capital gains to earn capital gains , ,
to earn predictable quarterly interest to earn predictable quarterly interest , ,
to earn money that is liquid
Answer:
to earn a dividend
to earn capital gains
Explanation:
Stocks represent ownership in a corporation. Shareholders are entitled to share in the profits of the business. The portion of profits that shareholders get for contributing capital is the dividend.
Investing in stocks makes one a shareholder and gives them the right to dividends. Investors always select the stocks of companies likely to declare high dividends. Dividends is an important reason why investors opt for shares or stocks.
Stocks of corporations that are performing well financially are likely to increase in price. Investors buy stocks when prices are low and selling them when prices appreciate. That way, they can profit through capital gain.
Dividends and capital gains are the rewards that investors gain from stocks. Interest is earned on deposits and loans.
Use the information in the table to decide which of the following statements is true. A. The payment amount changes each month. B. The amount applied to the principal is decreasing each month. C. The amount applied to the principal is increasing each month. D. The amount applied to interest is increasing each month.
Loan amortization schedule shows the summary regarding periodic loan payment. The given statment shows that the amount applied to the principal is increasing each month.
What is Loan Amortization Schedule?The loan amortization schedule is a schedule that shows the periodic loan payment of principal along with the interest after the end of each period.
The amount of payment for each month is same whereas the amount of principal and interest may vary.
The given schedule is a loan amortization schedule for three years. The principal amount in the 13th month is $325.82, 14th month is $328.19, 15th month is $330.57 and it keeps on increasing till the 19th month.
Therefore the correct statement is C.
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Answer: C The amount applied to the principal is increasing each month.
Explanation:
100% Edge
Question 5 of 10
Which of the following is a part of the employment tax?
O A. Income tax
O B. Property tax
O C. Non-compliance fines
O D. Social security tax
Answer:
D. social security tax
Explanation:
If you can follow a definite procedure to make a business decision, you are making a(n) ________ decision.
If you can follow a definite procedure to make a business decision, you are making a(n) E) structured decision.
What is a structured decision?A structured decision-making process follows some defined processes.
A set of predetermined steps are always followed such that solutions to business problems rely less on intuition or personal judgment.
Another characteristic of structured decision-making is that decisions are straightforward, returning the same solution every time.
However, a good decision-making process should result in a large monetary value for the firm with improved efficiency, production, costs, and more added values.
Answer Options:A) ad-hoc
B) procedural
C) unstructured
D) semi-structured
E) structured
Thus, if you can follow a definite procedure to make a business decision, you are making a(n) E) structured decision.
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Hypothesis: A real estate group would like to expand their property management business in a year's time. Assess the given business case.
Main Answer: Assessing the business case for expanding a real estate group's property management business in a year's time requires a detailed analysis of market demand, competition, financial feasibility, and operational capacity.
To assess the business case, the real estate group should conduct thorough market research to identify the demand for property management services in their target market. They should also evaluate the competitive landscape to understand the existing players and identify any gaps or opportunities. Financial analysis is crucial to determine the profitability and return on investment of the expansion. Additionally, the group should assess its operational capacity, including staffing, systems, and processes, to ensure it can handle the increased workload. Only with a comprehensive analysis of these factors can a proper assessment of the business case be made.
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Which of the following describes what test engineers do?
determine appropriate audiences for product evaluation
design specifications for product development
analyze functionality of products
identify the appropriate tools for product evaluation
Answer:
Explanation:C
Answer:
its c they analyze functionality of products
Explanation:
.In BPMN diagrams, the business process activities performed by particular entities or roles grouped ____.
Question options:
A.) by connecting objects
B.) into swimlanes
C.) as event objects
D.) into artifact categories
In BPMN diagrams, the business process activities performed by particular entities or roles are grouped into swimlanes, which visually represent the responsibilities and involvement of different stakeholders in the process. So option B) is correct.
BPMN (Business Process Model and Notation) diagrams are widely used in business process modeling to illustrate the flow and structure of various activities. One of the key elements in BPMN diagrams is the swimlane, which serves as a visual grouping mechanism for activities performed by specific entities or roles.
Swimlanes divide the diagram into horizontal or vertical lanes, and each lane represents a specific participant or department involved in the process. By placing activities within their respective swimlanes, the diagram provides a clear representation of how responsibilities and tasks are distributed among different entities or roles. This grouping helps stakeholders understand the flow of activities, handoffs between participants, and the overall structure of the process. Therefore, option B, "into swimlanes," is the correct answer for how business process activities are grouped in BPMN diagrams.
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Establish the correct sequence of steps in the accounting measurement process. a. Record in a systematic fashion b. Identify relevant economic activity c. Quantify economic activity Select one: O ACB O СВА O CAB O BCA O ABC O BAC
O ABC. Determining the monetary value of an economic activity entails measurement, a fundamental accounting concept.
In the accounting process, which involves calculating the monetary value of economic activity, measurement is an important stage. Finding the relevant economic activity, which is any transaction or occurrence that has an effect on the organization's finances, is the first step in the measuring process. The economic activity is then quantified, or given a monetary value. Finally, the data is systematically recorded, typically in a ledger or other accounting records. Financial data used to create financial statements like the balance sheet and income statement is the end product of the measurement process. Management, investors, and other stakeholders utilise these statements as a quick picture of an organization's financial condition and performance to make defensible decisions.
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Required information [The following information applies to the questions displayed below.) At the beginning of the year, Mahogany, Incorporated bought machinery, shelving, and a forklift. The machinery initially cost $27,200 but had to be overhauled (at a cost of $1,520) before it could be installed (at a cost of $760) and finally put into use. The machinery's total life was estimated as 40,000 hours, with an estimated residual value of $1,000. The machinery was actually used 5,000 hours in year 1 and 7,000 hours in year 2. Repair costs were $390 in each year. The shelving cost $9,500 and was expected to last 5 years, with a residual value of $640. The forklift cost $12,600 and was expected to last six years, with a residual value of $2,080. 4. Compute year 2 straight-line depreciation expense for the shelving and give the journal entry to record it. Complete this question by entering your answers in the tabs below. Req Reg 4B Compute year 2 straight-line depreciation expense for the shelving. Year 2 straight-line depreciation expense
The year 2 straight-line depreciation expense for the shelving is $1,912.
What is the depreciation expense for the shelving in year 2?The year 2 straight-line depreciation expense for the shelving can be calculated by subtracting the residual value from the initial cost of the asset and dividing it by the estimated useful life. In this case, the initial cost of the shelving is $9,500, and the residual value is $640. The estimated useful life of the shelving is 5 years.
Subtracting the residual value from the initial cost: $9,500 - $640 = $8,860
Dividing the difference by the estimated useful life: $8,860 / 5 = $1,772
Therefore, the year 2 straight-line depreciation expense for the shelving is $1,772.
Depreciation expense represents the allocation of an asset's cost over its useful life. Straight-line depreciation is a commonly used method where the depreciation expense remains constant throughout the asset's useful life. It is calculated by subtracting the residual value from the initial cost and dividing it by the useful life. This method provides a consistent and predictable expense over time, making it easier for companies to plan their financials and allocate costs accurately.
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why do firms grow in economics
Explanation:
Firms grow in order to achieve their objectives, including increasing sales and maximising profits
: The term monopoly best fits which of the following descriptions?
an identifying symbol or name for a particular good that can only be used by the firm that registered that trademark
a situation in which one firm produces all of the output in a market
the profit of one more unit of output
a government rule that gives the inventor the exclusive legal right to make, use, or sell the invention for a limited time
The term monopoly best fits a situation in which one firm produces all of the output in a market.
A monopoly occurs when a single firm has exclusive control over the production and supply of a particular good or service in a market. In a monopoly, there are no direct competitors, and the monopolistic firm holds a dominant position in the industry. This allows the firm to dictate prices, control the quantity supplied, and enjoy significant market power. By being the sole producer, the firm can eliminate competition and potentially earn higher profits. Monopolies can arise due to barriers to entry, such as legal restrictions, high start-up costs, or control over scarce resources. However, it is worth noting that monopolies can be subject to regulations and antitrust laws to prevent abuse of market power and promote fair competition.
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Which action is best if the government wants to redistribute wealth?
A) Implement a progressive tax system
B) Reallocate public lands
C) Raise revenue by using tariffs and excise taxes
D) Reorganize collectively-owned property
Answer:
A. Implement a progressive tax system.
Explanation:
In the progressive tax system, people who earn the most in the country will have to pay the largest percentage of tax from their income.
This can be used as a method to redistribute wealth because the government can use the amount of money from that income tax to fund various programs that can be used to help the people who earn less (such as medical aid, food stamps, loans to open small business, education, public infrastructure, etc)
Martha needs to acquire funds in order to expand her bakery. She does not want to give up control of her business, but her credit score is weak due to the recent foreclosure on her home. What should martha do to acquire these funds?.
The correct answer is Option C. In order to acquire funds to expand her bakery Martha can issue bonds to willing investors.
In the question, it is stated that Martha has a bakery and she needs to acquire funds in order to expand her bakery. She can not take loans because of her credit score which is weak due to the recent foreclosure of her home. In order to acquire funds, she can sell bonds to the people who are willing to invest in her bakery.
Bonds are financial entities which is a type of security that the investor holds in a business. This is a type of debt that the issuer owes to the investor in their business.
Hence, Option C is the correct answer
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Complete Question:
Martha needs to acquire funds in order to expand her bakery. She does not want to give up control of her business, but her credit score is weak due to the recent foreclosure of her house. What should Martha do to acquire these funds?
a) Issue stock to willing investors.
b) Borrow money from her local bank.
c) Issue bonds to willing investors.
d) She should do all of the above.
7. Which of the following is NOT a government agency which involves in agriculture
A MARDI
B. FRIM
C. PLKN
D. RISDA
9. Which of the following is NOT true of the criteria for a region to be an optimum currency are (OCA) as described by Mundell?
A Should be exposed to similar sources of disturbances (common shocks)
B. The relative importance of these common shocks should be similar
(symmetric shocks)
C. Exchange rate stability
D. Countries should have similar responses to common shock (symmetric responses)
10. Which of the following is NOT the possible reason for the 1997 financial crisis
A Rising currency account deficit
B. Speculators attack
C. Overdependence on capital flight for economic growth
D. Low external debt and manageable debt service ratio
7. RISDA is NOT a government agency involved in agriculture.
Exchange rate stability is NOT a criterion for a region to be an optimum currency area (OCA) as described by Mundell.
Low external debt and manageable debt service ratio is NOT a possible reason for the 1997 financial crisis.
7. Among the options provided, RISDA is not a government agency involved in agriculture.
MARDI (Malaysian Agricultural Research and Development Institute), FRIM (Forest Research Institute Malaysia), and PLKN (National Service Training Program) are all government agencies in Malaysia associated with agriculture or related sectors.
According to the criteria for an optimum currency area (OCA) as described by Mundell, exchange rate stability is not explicitly listed as one of the criteria.
The key criteria include exposure to similar sources of disturbances (common shocks), similar relative importance of these common shocks (symmetric shocks), and similar responses to common shocks (symmetric responses).
Low external debt and manageable debt service ratio are not considered possible reasons for the 1997 financial crisis.
The crisis was primarily triggered by factors such as rising currency account deficits, speculative attacks on currencies, and overdependence on capital flight for economic growth.
It is crucial to note that these answers are based on the information provided in the question, and additional factors or context may impact the analysis of each situation in real-world scenarios.
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Stockholders equity consists of which of the following? O Long-term assets. O Paid-in capital and retained earnings. O Paid-in capital and par value. O Retained earnings and cash.
A. Shareholders equity consists of paid-in capital and retained earnings.
Shareholders' equity, also known as stockholders' equity, is the ownership interest that shareholders have in a company. It is calculated by subtracting the company's total liabilities from its total assets.
Shareholders' equity consists of two main components: paid-in capital and retained earnings. Paid-in capital is the amount of money shareholders have invested in the company by purchasing shares of stock.
Retained earnings are the profits that the company has earned, which are then reinvested into the company to finance growth and expansion.#
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the following information was extracted from the accounting records of jump around, inc., a manufacturer of pogo sticks, for the fourth quarter of 2019: raw materials used . . . $12,000 indirect materials used . . . $3,000 direct labor . . . $6,000 indirect factory labor . . . $1,000 administrative and sales salaries . . . $3,000 building depreciation* . . . $3,125 building rent* . . . $3,000 *the building is 5,000 square feet. 4,000 square feet are devoted to manufacturing operations. the remaining square footage is devoted to administrative and selling activities. shared costs are allocated based on square footage. the company started the quarter with $15,000 in its work in process inventory. the balance in work in process inventory had increased to $20,000 by the end of the quarter. the net decrease in finished goods inventory during the quarter was $3,000.
Jump Around, Inc. incurred various costs in the fourth quarter of 2019, including raw materials, labor, and overhead. The work in process inventory increased from $15,000 to $20,000, while finished goods inventory decreased by $3,000.
Based on the provided information, we can analyze the cost components and changes in inventory for Jump Around, Inc. during the fourth quarter of 2019. Here are the key points:
Cost Components:
Raw materials used: $12,000
Indirect materials used: $3,000
Direct labor: $6,000
Indirect factory labor: $1,000
Administrative and sales salaries: $3,000
Building depreciation: $3,125
Building rent: $3,000
Work in Process (WIP) Inventory:
Beginning WIP inventory: $15,000
Ending WIP inventory: $20,000
Finished Goods Inventory:
Net decrease in finished goods inventory: $3,000
The information provided allows us to understand the cost components involved in the production process, including raw materials, labor, and overhead costs.
The increase in WIP inventory indicates that additional costs were incurred during the production process. The decrease in finished goods inventory suggests that some units were sold or consumed during the quarter.
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True or false: The Asia-Pacific Economic Cooperation (APEC) is a trade alliance that promotes trade and economic integration among member nations in Southeast Asia.
How many thread guides are usually on a sewing machine
Answer:
Generally, two thread guides are used.
Explanation:
Thread guides are necessary for the proper functioning of the sewing machine and for the thread to be used correctly throughout the sewing. Generally, two thread guides are used, one to show where on the machine to place the thread and the other to prevent the thread from getting tangled inside the machine.
if the state administrator determines that a securities offering has been made on unfair terms, he or she may do all of the following except:
If the state administrator determines that a securities offering has been made on unfair terms, he or she may do all of the following except suspend the registration statement without providing an opportunity for a hearing (Option A).
The state administrator has the authority to suspend the registration statement if they determine that the securities offering has been made on unfair terms. However, they must provide an opportunity for a hearing before taking this action. This is to ensure that the issuer of the securities offering has a chance to defend themselves and provide evidence to support their case.
The state administrator may also notify the issuer of any proposed action and take any actions based on findings of fact and conclusions of law. These actions are within the state administrator's authority and are designed to protect investors from unfair terms in securities offerings.
Note: The question is incomplete. The complete question probably is: If the state administrator determines that a securities offering has been made on unfair terms, he or she may do all of the following except: A) suspend the registration statement without providing an opportunity for a hearing B) suspend the registration statement only if an opportunity for a hearing is provided C) notify the issuer of any proposed action D) take any actions based on findings of fact and conclusions of law.
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PLEASE HELP MEE 50 Pts
Question: What are the local, state, and federal taxes for a healthcare business?
Answer:
Is health care federal state or local?
The U.S. Department of Health and Human Services is the federal government's principal agency involved with health care services. The states cofund and administer their CHIP and Medicaid programs according to federal regulations. (goo gle)
Explanation:
hope this helps
When is the bargaining power of the buyer greater than that of the supplier?.
Answer:
Switching costs
Explanation:
Switching costs: If there are not many alternative suppliers available, the cost of switching is high. Therefore, buyer power would be low. Backward Integration: If the buyer is able to integrate or merge suppliers, the buyer has greater bargaining power over the existing suppliers.
Assume the economy is operating at P1Y2.
Which of the following would cause a shift to bring the economy to P3Yf?
Real wages fall.
Productivity increases.
Personal income taxes increase.
Transfer payments decrease.
A major hurricane hits the southeastern United States.
The decrease in aggregate demand would also reduce productivity and lead to a decrease in output and employment.
What is employment?Employment is an agreement between two parties, usually based on a contract, where work is exchanged for compensation, such as wages, salary, or commission. Employment is typically for a fixed period of time, and the employer usually has the right to dismiss an employee for a legitimate reason. Employment typically involves an exchange of services, knowledge, skills and experience for remuneration. Employment can be either full-time, part-time, or casual, depending on the type of job and the agreement between the employer and the employee.
A major hurricane hitting the southeastern United States would cause a shift to bring the economy to P3Yf as it would reduce aggregate demand in the affected areas, resulting in a decrease in consumption and investment spending. This would lead to a contraction in output and employment, resulting in a decrease in real wages, a decrease in transfer payments, and an increase in personal income taxes.
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In 2019, national saving in Korea equaled 34.8 percent of GDP, and domestic investment equaled 30.0 percent of GDP. Source: International Monetary Fund, "World Economic Outlook Database," March 2021. a. Calculate net foreign investment in Korea as a percentage of GDP. Net foreign investment in Korea as a percentage of GDP equals percent of GDP. (Enter your response rounded to one decimal place.) b. Can we say with certainty whether in 2019 the Korean government was running a surplus or a deficit? A. No, to determine if the government was running a surplus or a deficit, we would need information on private saving. B. No, we would need to know whether the country was exporting more than it was importing, or vice versa, in order to make this determination. C. Yes, if we substitute the values above into the saving and investment equation, it yields a positive number, indicating the government was running a surplus. D. Yes, if we substitute the values above into the saving and investment equation, it yields a negative number, indicating the government was running a deficit.
Answer:
Explanation:
Tyworth inc is examining three alternatives technologies with the fixed and variable costs given in table 4.6. Plot the costs lines for these technologies and determine break even quantities.TechnologyTechFixed CostVariable CostA$2000$2/unitB$8000$1.50/unitC$16000$1.30/unita) What is the lowest cost technology if 10,000 units will be produced per year? What will the cost of production be for this quantity?b) What is the lowest cost technology if 20,000 units will be produced per year? What will the cost of production be for this quantity?c) What is the lowest cost technology if 50,000 units will be produced per year? What will the cost of production be for this quantity?
The Technology A is the lowest cost technology if 10,000 units will be produced per year: with a cost of production of $22,000.
To determine the break-even quantities for each technology, we need to plot the total cost lines for each technology. The total cost line is the sum of fixed and variable costs at each level of production. The break-even quantity is the point where the total cost line intersects the x-axis, indicating that the total revenue equals the total cost.
For Technology A, the total cost line is TC= $2000 + ($2/unit x Q), where Q is the quantity produced. The break-even quantity for Technology A is 1000 units, and the cost of production for 10,000 units is $22,000.
For Technology B, the total cost line is TC= $8000 + ($1.50/unit x Q). The break-even quantity for Technology B is 5333 units, and the cost of production for 20,000 units is $38,000.
For Technology C, the total cost line is TC= $16000 + ($1.30/unit x Q). The break-even quantity for Technology C is 12308 units, and the cost of production for 50,000 units is $81,000.
Therefore, we can conclude that the lowest cost technology depends on the level of production. For 10,000 units, Technology A is the most cost-effective, for 20,000 units, Technology B is the most cost-effective, and for 50,000 units, Technology C is the most cost-effective.
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Complete question:
Tyworth inc is examining three alternatives technologies with the fixed and variable costs given in table 4.6. Plot the costs lines for these technologies and determine break even quantities. Technology Tech Fixed Cost Variable Cost
A $2000$2/unit
B $8000$1.50/unit
C $16000$1.30/unit
a) What is the lowest cost technology if 10,000 units will be produced per year? What will the cost of production be for this quantity? ]
b) What is the lowest cost technology if 20,000 units will be produced per year? What will the cost of production be for this quantity?
c) What is the lowest cost technology if 50,000 units will be produced per year? What will the cost of production be for this quantity?