Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please add explanation with the answers. QUESTION 3 A manufacturer that makes guitars have a monthly capacity of manufacturing 165 guitars. If their monthly fixed

image text in transcribed

please add explanation with the answers.

QUESTION 3 A manufacturer that makes guitars have a monthly capacity of manufacturing 165 guitars. If their monthly fixed costs are $12.249 and the cost of making each guitar is $244 and they sell each guitar for 5878 what will be their profit if they operate at 40% capacity? QUESTION 4 If you are approved for a loan at 3.495 p.a., and you borrow $16,200 how much interest will you be charged if the loan is for 11 months

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Chronic Regulatory Focus And Financial Decision Making Asset And Portfolio Allocation

Authors: Navin Kumar

1st Edition

9812876936, 978-9812876935

More Books

Students also viewed these Finance questions

Question

What change in respiratory activity would be needed to talk louder?

Answered: 1 week ago