A company finds that its total costs are related to the amount spent on training programs by
Question:
A company finds that its total costs are related to the amount spent on training programs by
where T(x) is costs in thousands of dollars when x hundred dollars are spent on training. Find and interpret T′(x) if the following amounts are spent on training.
(a) $900
(b) $1900
(c) Are costs per dollar spent on training always increasing or decreasing?
Transcribed Image Text:
T(x) = 1000 + 60x 4x + 5
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
a Costs will decrease 2201 for the next 100 spent on ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
Following are selected financial data in thousands of dollars for the Hunter Corporation. a. Diagram the expanded Du Pont system for Hunter for 2012. b. Use the Du Pont system to calculate the return...
-
The following matrix shows the costs in thousands of dollars for assigning Individuals A, B, C, and D to Jobs 1, 2, 3, and 4. Solve the problem showing your final assignments in order to minimize...
-
A few of the guidelines are related to the need to understand the reason for the project in the first place. Which guidelines would you place in this category? Why is this so crucial?
-
The following list shows the top six pharmaceutical companies in the United States and their sales figures ($ millions) for a recent year. Use this information to construct a pie chart and a bar...
-
Discuss the idea of drawing separate demand curves for different market segments. It seems logical because each target market should have its own marketing mix. But wont this lead to many demand...
-
An investor puts together the following portfolio: The investor deposits $1000 into a 1-year CD that pays i = 2.1%. The investor writes a put option on TomCo stock, agreeing to sell 100 shares at the...
-
On 1 January 2025, the equity of Deadwood Pty Ltd consisted of share capital of \($400\) 000 and retained earnings of \($130\) 000. During the period, the company declared and paid a cash dividend of...
-
Allstar Exposure designs and sells advertising services to small, relatively unknown companies. Last month, Allstar had sales commissions costs of $50,000, technology costs of $75,000, and research...
-
Two resultant forces 100kN and Q kN acting at a point at an angle 90 between them. If resultant force is 200kN, find value of Q. Also find angle made by resultant with 100kN force?
-
1. Do you think a call center would benefit Bangmod at this point? What benefits could it provide? 2. From the case, identify items of importance in terms of designing the call center and rank them...
-
After declining over the last century, the percentage of men aged 65 and older in the workforce has begun to rise in recent years, as shown by the following table. (a) Using the regression feature on...
-
Suppose that the profit (in hundreds of dollars) from selling x units of a product is given by Find and interpret the marginal profit when the following numbers of units are sold. (a) 4 (b) 12 (c) 20...
-
Figure displays two circuits with a charged capacitor that is to be discharged through a resistor when a switch is closed. In Figure a, R 1 = 20.0? and C 1 = 5.00?F. In Figure b, R 2 = 10.0? and C 2...
-
When the discontinued component is sold before the end of the reporting period, they must report Multiple choice question. operating income or loss, and gain or loss on disposal, both after related...
-
Identify the species oxidized, the species reduced, the oxidizing agent and the reducing agent in the following electron transfer reaction. Pb2++Zn Species oxidized: Pb+ Zn2+ Species reduced:...
-
What are the key components of an effective goal-setting phase in the HR planning process? Communicating a program's details to the affected employees Creating a transitional matrix Identifying a...
-
QUESTION FOUR (20 MARKS) The following data shows two treatment methods of Renal patients in one hospital. Group A: Surgically placed Catheter Infection Times: Censored Observations 1.5 3.5 4.5 4.5...
-
In K-1 section L Partner's Capital Account Analysis what data is used from documents?
-
Use the graphing facilities of Maple to approximate solutions to the following nonlinear systems within the given limits. a. b. c. d.
-
Choose two matrices A and B with dimension 2 x 2. Calculate det A, det B, and det (AB). Repeat this process until you are able to discover how these three determinants are related. Summarize your...
-
Use Cramers rule to solve each system of equations. If D = 0, then use another method to determine the solution set. 3 2 3 -37 2
-
Use Cramers rule to solve each system of equations. If D = 0, then use another method to determine the solution set. 2x - y + 4z = -2 3x + 2y - z = -3 x + 4y + 2z = 17
-
Use Cramers rule to solve each system of equations. If D = 0, then use another method to determine the solution set. x + y + z = 4 2x - y + 3z = 4 4x + 2y - z = -15
-
What are the three primary functions performed by the transaction processing system? The most commonly stated benefits of DDP are cost savings, increased user satisfaction, and improved operational...
-
Journalize the revenue transaction, and indicate how recording this revenue in December would affect the current ratio. Discuss whether it is ethical to record the revenue transaction in December....
-
Required information [The following information applies to the questions displayed below.] Jordan Company began operations on January 1, year 1, by issuing common stock for $38,000 cash. During year...
Study smarter with the SolutionInn App