A firm currently produces 1000 units of output and has total costs of $15,000 and fixed cost of $3,000. What is the firm’s average variable costs?

I need help ASAP pleaseeee !!!

Answers

Answer 1

Explanation:

Explanation: The formula is ATC = AFC + AVC. Use this formula.


Related Questions

Compute straight-line depreciation on the building at the end of one year, assuming an estimated 10-year useful life and a $16,000 estimated residual value. (Do not round intermediate calculations.)What should be the book value of (a) the land and (b) the building at the end of year 2

Answers

Answer:

Missing word "Bridge City Consulting bought a building and the land on which it is located for $120,000 cash. The land is estimated to represent 70 percent of the purchase price. The company paid $10,000 for building renovations before it was ready for use."

Total Cost of Land and Building (100%) = $120,000

Cost of Land (70%) = $84,000

Cost of Building (30%) = $36,000

Cost of Building Renovations = $10,000

Total Cost of Building = $36,000 + $10,000

Total Cost of Building = $46,000

1. Annual Depreciation(Year End Depreciation) = (Cost of Building - Residual Value)/ Number of Year

Annual Depreciation = $46,000 - $16,000 / 10

Annual Depreciation = $30,000 / 10

Annual Depreciation = $3,000

2. Book Value of Land at the end of two years = $84,000

Book Value of Building at the end of two years = $46,000 - ($3,000*2 year) = $46,000 - $6,000 = $40,000

Hence, Book Value of Land and Building at the end of two year is = $84,000 + $40,000 = $124,000

On January 7, stockholders invest $45,000 in JumpStart in exchange for common stock. Provide the journal entry for this transaction.

Answers

Answer:

Dr Cash $45,000

Cr Common stock $45,000

Explanation:

Preparation of the journal entry

Based on the information given the appropriate Journal entry On January 7 since the stockholders invest the amount of$45,000 in JumpStart in exchange for common stock will be:

January 7

Dr Cash $45,000

Cr Common stock $45,000

(To record investment in JumpStart)

Tori Inc. has some material that originally cost $68,800. The material has a scrap value of $30,300 as is, but if reworked at a cost of $1,500, it could be sold for $31,600. What would be the incremental effect on the company's overall profit of reworking and selling the material rather than selling it as scrap? (CIMA adapted)

a. $(71,100)
b. $(1,100)
c. $29,800
d. $(40,200)

Answers

Answer:

($200)

Explanation:

Calculation to determine What would be the incremental effect on the company's overall profit of reworking and selling the material rather than selling it as scrap

Sales value of reworked material: $31,600

Less: Cost to rework material: $1,500

Net Sales Value: $30,100

Current Scrap Value: $30,300

Net Disadvantage: ($200)

($30,100-$30,300)

Therefore What would be the incremental effect on the company's overall profit of reworking and selling the material rather than selling it as scrap is ($200)

Chad, who owns the only coffee shop in Rivercity, learns that Jose is about to open a competing coffee shop in the same small town, just a few blocks from Chad's. Chad offers Jose $10,000 in return for Jose's promise not to open a coffee shop in the Rivercity area for six months. Jose accepts the $10,000 but goes ahead with his plans, even though he had agreed not to do so. When Jose opens his coffee shop for business, Chad sues to enjoin Jose's continued operation or to recover the $10,000

Required:
Can Chad sues Jose?

Answers

Answer:

Rivercity Coffee Shop

Chad cannot sue Jose.  The $10,000 is paid to Jose is a bribe.  Since a bribe is not legal, it cannot form the basis for an enforceable contract.

Moreover, the offer by Chad is an antitrust and anti-competition consideration that is legally frowned upon. illegal contract

Explanation:

For a contract to be enforceable, it cannot be illegal.  A bribe is illegal.  The basis for the contract is illegal.  Therefore, Chad cannot sue Jose.  Since Jose decided to breach the contract, neither Chad nor Jose is entitled to any compensation.  Jose cannot be held liable for non-performance.

Define the term creativity​

Answers

Answer:

Creativity is defined as the tendency to generate or recognize ideas, alternatives, or possibilities that may be useful in solving problems, communicating with others, and entertaining ourselves and others.

Answer:

Creativeness is defined as the tendency to generate or recognize ideas, alternatives, or opportunities which can be useful for problem-solving,  communication, and for fun with others.

Explanation:

Examples include creative thinking: problem-solving, writing, visual art, communication skills, and openness.

In 2019, website and moving development, web production, user interface, and interaction design as well as design and visual design will be the main fields for creative grabbing.

1. Describe how a global project can be more complex than a project performed within just one country. How might these elements affect the successful outcome of the global project

Answers

Answer:

Globalization alters the project's characteristics. Multinational and multilingual initiatives are possible in global projects. Managers must be able to communicate with individuals from diverse nations.

A manager requires a different set of skills to manage projects on a global scale. The following are things he should be aware of:

Cultural sensitivity

Learn about the other organizations' traditions.

ability to operate in a fast-paced, unpredictably changing workplace

Create a productive team.

Develop a sense of trust

All of these elements are equally crucial for the project's worldwide success.

The initiatives that are held at a worldwide level are more difficult.

The Johnson Robot Company’s marketing managers estimate that the demand curve for the company’s robots in 2012 is P = 6,000 - 40Q where P is the price of a robot and Q is the number sold per month. If the firm wants to maximize its dollar sales volume, what price should it charge?

Answers

Economics: P= Price and Q = Quantity Demanded.

Perit Industries has $110,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are:
Project A Project B
Cost of equipment required $110,000 $0
Working capital investment required $0 $110,000
Annual cash inflows $20,000 $68,000
Salvage value of
equipment in six years $8,600 $0
Life of the project 6 years 6 years
The working capital needed for project B will be released at the end of six years for investment elsewhere. Perit Industries’ discount rate is 16%.
Required:
1. Compute the net present value of Project A.
2. Compute the net present value of Project B.
3. Which investment alternative (if either) would you recommend that the company accept?

Answers

Answer:

$-32,775.48

$185,710.69

Project B

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.  

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Project A  

Cash flow in year 0 = -$110,000

Cash flow in year 1 - 5 =  $20,000

Cash flow in year 6 = $20,000 +  $8,600 = 28,600

I = 16%

NPV = $-32775.48

Project B  

Cash flow in year 0 = -$110,000

Cash flow in year 1 - 5 =  $68,000

Cash flow in year 6 = $68,000 + $110,000 = $178,000

I = 16%

NPV = $185,710.69

Project B should be chosen because its NPV is positive

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

Alpha and Beta, two tiny islands in the Pacific, produce pearls and pineapples. The following production possibilities schedules describe their potential output in tons per year:

ATTACHMENT IS BELOW

Suppose Alpha and Beta agree that the terms of trade will be one for one and exchange 10 pearls for 10 pineapples.

a. If Alpha produced 6 pearls and 15 pineapples while Beta produced 30 pearls and 8 pineapples before they decided to trade, how many pearls would each be producing after trade? Assume that the two countries specialize according to their comparative advantage.

(i) Alpha: _____ pearls
(ii) Beta: _____ pearls

b. How much would the combined production of pineapples increase for the two islands due to specialization?
_____ pineapples

c. How much would the combined production of pearls increase?
_____ pearls

d. What is the post-trade consumption for each island?
Alpha consumes _____ pearls and ______ pineapples.
Beta consumes ______ pearls and ______pineapples.

Answers

Answer:

The opportunity cost of pearls for A is 2.5 pineapples and the opportunity cost of pearls for A is 0.27.

Explanation:

If Alpha produced 6 pearls and 15 pineapples, while B produced 30 pearls and 8 pineapples before the trade, we can calculate the opportunity cost for each island. For island Alpha, their opportunity cost will be:

6 pearls = 15 pineapples

1 pearl = 15/6 pineapples

1 pearl = 2.5 pineapples

Therefore, the opportunity cost of pearls for A is 2.5 pineapples

For island Beta, their opportunity cost will be:

30 pearls = 8 pineapples

1 pearl = 8/30 pineapples

1 pearl = 0.27 pineapples

Therefore, the opportunity cost of pearls for A is 0.27 pineapples

b)

It appears that A will increase production of pineapples from 15 pineapples to 25 pineapples, and due to their opportunity cost, will decrease pearl production from 6 pearls to 2 pearls

It appears that B will increase the production of pearls from 30 pearls to 40 pearls, and due to their opportunity cost, will decrease pineapple production from 8 pineapples to 4 pineapples.

PART A. MULTIPLE CHOICE - 15 MARKS
1. Company orientation does not include which topic below?
Economic Factors
b. Fringe Benefits
C. Occupational Health and Safet
d. None of the above
what is the answer?​

Answers

Answer: a. Economic factors

Explanation:

Company orientation refers to training that is given to new employees to better prepare them to work in the company and be as efficient as possible.

It includes things like occupational health and safety so that the employee may know how best to behave so as not to cause accident or get injured by one. It also includes telling the employees of the various fringe benefits that might accrue to them.

It would not include economic factors as these as not specific to the company.

On January 1, 2019, Loeffler Company acquired a machine at a cost of $200,000. Loeffler estimates that it will use the machine for 4 years or 8,000 machine hours. It estimates that after 4 years the machine can be sold for $20,000. Loeffler uses the machine for 2,100 and 1,800 machine hours in 2019 and 2020, respectively.

Required:
Compute depreciation expense for 2019 and 2020 using the () straight-line, (2) double- declining-balance, and (3) units-of-production methods of depreciation

Answers

Answer:

1. $45,000

$45,000

2. $100,000

$50,000

3. $47250

$40,500

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($200,000 - $20,000) / 4 = $45,000

Depreciation expense each year would be $45,000

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life) = 2/4 = 1/2

Depreciation expense in 2019 = 1/2 x 200,000 = $100,000

Book value in 2020 = 200,0000 - 100,000 = 100,000

Depreciation expense in 2019 = 1/2 x 100,000 = 50,000

Activity method based on hours worked = (hours worked that year / total hours of the machine) x  (Cost of asset - Salvage value)

2019 = ($200,000 - $20,000) x ( 2,100 / 8000) = 47250

2020 =  ($200,000 - $20,000) x ( 1800 / 8000) = 40,500

A metal fabrication company is buying a CNC machine for $600,000. After 20 years of use, the machine should have a salvage value of $35,000.

Required:
a. Under 100% bonus depreciation, what depreciation can be claimed in year 1?
b. Under 100% bonus depreciation, what depreciation can be claimed in year 2?

Answers

Answer:

100% Bonus Depreciation:

a. Year 1 = $565,000

b. Year 2 = $0

Explanation:

a) Data and Calculations:

Cost of CNC Machine = $600,000

Salvage value = $35,000

Depreciable amount = $565,000 ($600,000 - $35,000)

100% Bonus Depreciation:

Year 1 = $565,000

Year 2 = $0

b) The 100% bonus depreciation is not limited to the firm's taxable income. The firm can carry back loss arising from 100% bonus depreciation to previous year's income and also carry any unused loss forward to deduct against future income.

Four fundamental factors affect the cost of money:
1. The return that borrowers expect to earn on their investments
2. The preference of savers to spend their income in the current period rather than delay their consumption until some future period
3. The risks associated with the investment
4. Expected inflation
Consider the following statements that address these factors, and indicate if you think each statement is true or false.
Statement
True
False
Investments providing cash flows that are more likely to equal their expected value are said to exhibit more risk.
The actual relationship between the risk-free rate of return (r*r*) and the expected future inflation rate or inflation premium (IP) is actually multiplicative—that is, [(1 + rRFrRF) x (1 + IP)] – 1—but it is often simplified to reflect an additive relationship.
All things being equal, rational savers and investors prefer to invest in an asset that provides a 12% return rather than one that provides an 8% return.
All things being equal, savers and investors prefer more risk to less risk and prefer lower risk premiums on projects exhibiting higher levels of risk.
On average and everything else held constant, an investment that can provide a 4% return should attract more investment capital from savers/investors than an otherwise identical investment that can generate a 12% return.

Answers

Answer:

True statement is:

All thing being equal, savers and investors prefer more risk to less risk and prefer lower risk premiums on projects exhibiting higher levels of risk.

Explanation:

Investors wish to receive less risk and more return. They prefer from more risk to lesser risk and receive risk premium on project that exhibit higher level of risk and delayed compensation. A project with 12% return will be more riskier than a project with 8% return. Rate of return increases as the level of risk increases.

Your mayor just announced that the local unemployment rate dropped from 10.5% to 10.4% from the prior month. Evaluate the unemployment rate drop and discuss whether there is enough information to determine significance. Support your response with specific examples. In replies to peers, discuss whether you agree or disagree with their assessments and justify your response

Answers

Answer:

Not enough information

Explanation:

from this question, this mayor has only given us the estimated proportion of the rate of unemployment  for these months. In order to know if it is significant or not, we have to carry out other tests such as the hypothesis testing for the population proportion. But here we do not have any sample data or population data with which we can use to test this significance. The sample size is unknown so we cannot proceed to test if the claim is significant or not.

Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,114,000 in invested assets, sales of $1,281,000, income from operations amounting to $209,000, and a desired minimum return of 15%. Round your answer to two decimal places. The investment turnover for Mason Corporation is a.1.38 b.1.15 c.1.72 d.0.92

Answers

Answer:

b.1.15

Explanation:

The computation of the investment turnover is shown below:

= Sales ÷ average operating assets

= $1,281,000 ÷ $1,114,000

= 1.1499

= 1.15

hence, the investment turnover is 1.15

Therefore the option b is correct

The same should be considered and relevant

A restaurant offers a 20% discount on all meals for people aged 60 and older. This restaurant is practicing:_________

a. monopolistic competition.
b. efficient pricing.
c. reservation pricing.
d. price discrimination.
e. price retention.

Answers

Answer:

d

Explanation:

Price discrimination is when the same product is sold at different prices to customers in different markets

types of price discrimination

1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.

2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.  

3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students  

Requirements to practice successful price discrimination  

1. The firm must have market power. If the firm does not have market power and attempts to price discriminate they would lose customers

2. The firm must have different elasticities of demand for their product in different markets

3. The firm must be able to segment the market for their products  

The restaurant who offers a 20% discount on all meals for people aged 60 years and above is practicing price discrimination.

Price discrimination can be defined as a situation in which the producer charges different prices for different groups of customers buying the same product.

This means, all customers be are purchasing the bc same commodity but are charged differently by the producer.

Therefore, the restaurant is practicing price discrimination system

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On January 1, 2019, Sunland Company granted Sam Wine, an employee, an option to buy 1,000 shares of Sunland Co. stock for $30 per share, the option exercisable for 5 years from date of grant. Using a fair value option pricing model, total compensation expense is determined to be $5520. Wine exercised his option on October 1, 2021 and sold his 1,000 shares on December 1, 2021. Quoted market prices of Sunland Co. stock in 2021 were:

Answers

Using the fair value method, Sunland Company should recognize compensation expenses for 2019on its books in the amount of 2019 is $5,520.

What is a compensation expense?

Compensation expenses are compensation-associated expenses used as a reward for exceptional job performance.

Examples of such compensation expense plans include bonuses, commissions, stock options, and profit-sharing.

Data and Calculations:

Number of option shares granted = 1,000 shares

Grant price = $30

Exercise period = 5 years

Total compensation expense based on the fair value option pricing model = $5,520

The 2019 compensation expense = $6,000 ($30 x 1,000)/5

Question Completion:

Quoted market prices of Sunland Co. stock in 2021 were:

July 1 = $30 per share

Oct 1 = $36 per share

Dec 1 = $40 per share

Required:

As a result of the option granted to Wine, using the fair value method, Sunland Company should recognize compensation expenses for 2019 on its books in the amount of 2019.

Thus, the 2019 compensation expense is $5,520.

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Doug Allen has decided to go into the insect extermination business and to operate as Doug's Extermination Service. The following transactions were completed during the first month of operations, May, 20--.
1. Doug invested $35,000 cash in the business.
2. Purchased extermination equipment for $17,000 in cash.
3. Paid $700 rent for garage and office quarters.
4. Purchased chemicals (expense) for $1,100 from Low Glow Chem Co. on account.
5. Received $1,600 revenue for extermination service.
6. Paid telephone bill, $120
7. Paid assistant's salary, $700.
8. Earned $980 revenue for extermination service, on account.
9. Paid electric bill, $230.
10. Paid for truck repairs (expense), $145.
11. Paid $600 to Low Glow Chem Co., on account.
12. Paid $131 for gas and oil for truck (expense).
13. Received $1,400 revenue for extermination service.
14. Received $500 for services previously earned on account in transaction (8).
15. Paid assistant's salary, $900.
Required:
Write the transactions in the T accounts, then write the total of each column. If an account has entries on both sides, determine the balance and enter it on the side with the larger total.

Answers

Answer:

Doug's Extermination Service

T-accounts:

Cash

Account Titles                      Debit      Credit

Common stock                 $35,000

Extermination equipment               $17,000

Rent                                                        700

Extermination Revenue       1,600

Utilities Expense                                    120  

Salary Expense                                     700

Utilities Expense                                  230

Truck Expenses                                    145

Accounts Payable (Low Glow)            600

Truck Expense                                      131

Extermination service        1,400

Accounts Receivable           500

Salary Expense                                   900

Balance                          $17,974

Common Stock

Account Titles           Debit      Credit

Cash                                         $35,000

Extermination equipment

Account Titles           Debit      Credit

Cash                      $17,000

Rent Expense

Account Titles           Debit      Credit

Cash                         $700

Supplies Expense

Account Titles           Debit      Credit

Accounts payable   $1,100

Accounts Payable (Low Glow Chem Co.)

Account Titles           Debit      Credit

Supplies Expense                    $1,100

Cash                         $600

Balance                                      $500

Extermination Service Revenue

Account Titles           Debit      Credit

Cash                        $1,600

Accounts Receivable  980

Cash                          1,400

Balance                   $3,980

Utilities Expense

Account Titles           Debit      Credit

Cash                          $120

Cash                           230

Balance                    $350

Salary Expense

Account Titles           Debit      Credit

Cash                         $700

Cash                           900

Balance                  $1,600

Accounts Receivable

Account Titles                              Debit      Credit

Extermination Service Revenue $980

Cash                                                            $500

Balance                                        $480

Truck Expenses

Account Titles           Debit      Credit

Cash                          $145

Cash                             131

Balance                    $276

Explanation:

a) Data and Analysis:

1. Cash $35,000 Common Stock $35,000

2. Extermination equipment $17,000 Cash $17,000

3. Rent $700 Cash $700

4. Supplies Expense $1,100 Accounts Payable (Low Glow Chem Co.) $1,100

5. Cash $1,600 Extermination Service Revenue $1,600

6. Utilities Expense $120 Cash $120

7. Salary Expense $700 Cash $700

8. Accounts Receivable $980 Extermination Service Revenue $980

9. Utilities Expense $230 Cash $230

10. Truck Expenses $145 Cash $145

11. Accounts Payable (Low Glow Chem Co.) $600 Cash $600

12. Truck Expense $131 Cash $131

13. Cash $1,400 Extermination Service Revenue $1,400

14. Cash $500 Accounts Receivable $500

15. Salary Expense $900 Cash $900

Five years ago, when the relevant cost index was 120, a nuclear centrifuge cost $40,000. The centrifuge had a capacity of separating 1500 gallons of ionized solution per hour. Today, it is desired to build a new centrifuge with capacity of 4500 gallons per hour, but the cost index now is 300. Assuming a power sizing exponent to reflect economies of scale, x, of 0.75, use the power sizing model to determine the approximate cost (expressed in today's dollars) of the new reactor.

Answers

Answer:

The approximate cost (expressed in today's dollars) of the new reactor is $227,950.71.

Explanation:

This can be calculated as follows:

Cost of centrifuge with 4500 capacities 5 years ago / Cost of centrifuge with 1500 capacities 5 years ago = (Capacity of centrifuge with 4500 capacities / Capacity of centrifuge with 1500 capacities)^Power sizing exponent

Cost of centrifuge with 4500 capacity 5 years ago / $40,000 = (4500 / 1500)^0.75

Cost of centrifuge with 4500 capacities 5 years ago / $40,000 = 2.27950705695478

Cost of centrifuge with 4500 capacities 5 years ago = 2.27950705695478 * $40,000 = $91,180.28

Therefore, we have:

Cost of centrifuge with 4500 capacities now = (Cost index now / Cost index 5 years ago) * Cost of centrifuge with 4500 capacities 5 years ago = (300 / 120) * $91,180.28 = $227,950.71

Therefore, the approximate cost (expressed in today's dollars) of the new reactor is $227,950.71.

Any help 75 points

Quantity supplied varies positively (directly) with price, other things constant, as price rises, the quantity supplied rises; as price falls, the quantity supplied decreases

Answers

answer: law of supply

Answer:

law of supply

Explanation:

this is the law of supply

ne implication from the evidence on EI to date is that employers should consider it a factor in hiring employees, especially in jobs that demand ________. good mathematical skills good critical thinking skills good analytical skills the ability to work independently a high degree of social interaction

Answers

Answer:

a high degree of social interaction

Explanation:

Emotional intelligence can be regarded as "emotional quotient" It is been defined as the ability to understand as well as to use and manage one's emotions in positive ways so that individual can be relieve of stress or communicate effectively with others or express empathize with others. With Emotional intelligence individual can overcome challenges as well as defusing conflict. Emotional intelligence (EI) can be regarded as concept which is moderately correlated with job performance.

Components of Emotional intelligence are;

✓Social skills.

✓Self-awareness.

✓Motivation.

✓Empathy.

✓Self-regulation.

It should be noted that One implication from the evidence on EI to date is that employers should consider it a factor in hiring employees, especially in jobs that demand a high degree of social interaction.

Park uses a perpetual inventory system. Determine the cost assigned to ending inventory and to cost of goods
sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LIFO. (Round per unit costs to
three decimals, but inventory balances to the dollar.) For specific identification, ending inventory consists of
225 units, where 90 are from the March 30 purchase, 80 are from the March 20 purchase, and 55 are from
beginning inventory.

Answers

Answer:

below

Explanation:

The price attributed to final inventory and cost of goods sold is specific identification.

Explain about the specific identification?

The method of precise identification concerns inventory valuation, specifically keeping track of each individual stock item and allocating costs per item rather than collectively. A company is functional and usable when it can identify, mark, and keep track of each item or unit in its inventory.

To track individual inventory items, the specific identification method is used. When individual items can be clearly identified, such as when they have a serial number, stamped receipt date, bar code, or RFID tag, this method is appropriate.

Employed by businesses like furniture shops, car dealerships, jewellery shops, and art galleries, among others. The main characteristic that sets the specific identification method apart from LIFO and FIFO techniques is individual tracking.

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Prepare journal entries to record each of the following transactions. The company records purchases using the gross method and a perpetual inventory system.

Sept. 15 Purchased merchandise with an invoice price of $77,500 and credit terms of 3/5, n/15.
Sept. 29 Paid supplier the amount owed on the September 15 purchase.

Answers

Answer and Explanation:

The journal entries are shown below;

On Sept 15

Merchandise inventory $77,500

           To Accounts payable $77,500

(Being purchase of inventory is recorded)  

On Sep 29

Accounts payable $77,500

            To Cash $75,175

            To Merchandise inventory (3% of $77,500 ) $2,325

(Being payment to suppliers after discount is recorded)  

RST Company produces a product that has a variable cost of $6 per unit. The company's fixed costs are $30,000. The product sells for $10 per unit. The break-even point in sales dollars is $_____________.

Answers

Answer: $75000

Explanation:

In order to solve the question, firstly we need to calculate the contribution margin ratio which will be:

= ($10 - $6) / $10

= 40%

Then, the break even sales will then be:

= Fixed cost / Contribution margin ratio

= $30000 / 40%

= $75000

Therefore, the break-even point in sales dollars is $75000

Why irish lions rugby playing with Japan?

Answers

Answer:

I expect the answer in the following form

Explanation:

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You have just started a new job and plan to save $5,200 per year for 36 years until you retire. You will make your first deposit in one year. How much will you have when you retire if you earn an annual interest rate of 9.54 percent?
a. $1,331,411.17
b. $1,394,509.68
c. $1,346,423.14
d. $1,268,312.65
e. $1,333,878.83

Answers

Answer:

$1,394,509.68

Explanation:

Savings amount = $5200

Period = 36 years

Interest = 9.54 percent

We solve for the future value of the annuity

= $5200[(1+0.0954)³⁶-1/0.0954]

= 5200 x [1.0954³⁶-1/0.0954]

= 5200 x 268.1749

= 1,394,509.681 dollars

Therefore after retirement and at an interest rate of 9.54 percent, you would be earning 1,394,509.681 dollars.

Option b.

Exercise 9-15A (Static) Using the current ratio to make comparisons LO 9-7 The following information was drawn from the balance sheets of the Kansas and Montana companies: Kansas Montana Current assets $ 59,000 $ 78,000 Current liabilities 40,000 43,000 Required a. Compute the current ratio for each company. b. Which company has the greater likelihood of being able to pay its bills

Answers

Answer:

a. 1.5  and 1.8

b. Montana

Explanation:

Below is the calculation for the current ratio:

a. Formula used, Current ratio = Current assets / Current liabilities

Current ratio of Kansas = 59000 / 40000 = 1.5

Current ratio of Montana = 78000 / 43000 = 1.8

b. The company that has a higher current ratio will have a greater likelihood to pay bills so Montana is the correct answer.

Economists look at any situation in terms of its component parts: the people making decisions, the environment in which they're making those decisions, and the goods or services being exchanged. For example, think about doing your laundry. Which of the following laundry-related items are nondurable goods?

a. A washing machine
b. Having a pair of pants dry-cleaned
c. A T-shirt
d. A clothes dryer

Answers

the correct answer is b

lamingos, Inc. has two service departments and two operating (production) departments. Administrative Department costs are allocated to the Assembly and Packaging departments based on the number of employees, and Maintenance Department costs are allocated to the Assembly and Packaging departments based on square feet occupied. Data for these departments follows:


Department Direct Expenses No. of employees Sqaure Feet
Administrative $30,000
Maintenance 15,000
Assembly 70,000 6 2,000
Packaging 45,000 4 3,000

The total amount of the Administrative Department's cost that would eventually be allocated to the Packaging Department is: __________

Answers

Answer:

Packaging= $12,000

Explanation:

First, we need to calculate the allocation rate of the Administrative Department:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Allocation rate= 30,000 / (6 + 4)

Allocation rate= $3,000 per employee

Now, we can allocate to the Packaging Department:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Packaging= 3,000*4

Packaging= $12,000

Implement anyone principle from Industry 4.0 Six Design Principles on any organization?

Answers

Answer:

There is no principal in this room.

Explanation:

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