A machine shop in a factory is working to its full capacity and earning a contribution of RO 50 per hour. The management receives a high priority order which it wants to execute immediately. Material will be supplied by the customer and the order will take a minimum of 10 hours. Wages payable will be RO15 per hour and variable overheads will be 150% of labour cost. If the customer is prepared to pay RO 800 for the order, should the order be accepted.

Answers

Answer 1

Analysis assumes that there are no other costs or factors to consider, such as fixed overheads or any potential negative impacts on other orders or the overall production schedule.

To determine whether the order should be accepted, let's calculate the total costs and compare them with the revenue from the order.

1. Calculation of Costs:

Total labor cost = Hours required * Wage per hour

Total labor cost = 10 hours * RO 15 per hour = RO 150

Variable overheads = 150% of labor cost

Variable overheads = 150% * RO 150 = RO 225

Total cost = Total labor cost + Variable overheads

Total cost = RO 150 + RO 225 = RO 375

2. Comparison with Revenue:

Revenue from the order = RO 800

Profit = Revenue - Total cost

Profit = RO 800 - RO 375 = RO 425

Since the profit from the order (RO 425) is positive, it indicates that accepting the order would generate a profit. Therefore, based on the information provided, the order should be accepted. It's advisable for the management to consider all relevant factors before making a final decision.

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Related Questions

Terry Hamilton has just received $22,000 from an uncle who died and is trying to decide how to invest it. She has done some research and has decided that about 30% of the money should go into large cap stocks, 20% into medium cap stocks, 15% into small cap stocks, 10% into bonds, 10% into foreign stock, and 15% into cash. She thinks that even if one area does not do that well, the rest will so that her overall return will be pretty good. Terry is demonstrating an understanding of what aspect of investing

Answers

Answer:

diversification

Explanation:

Diversification is generally considered not putting all your eggs in one single basket. In other words, by diversifying her investment portfolio, if one basket breaks, only one or a couple of eggs will break. This means that if one company doesn't perform well, the performance of the other companies should offset any losses.

What are the most common questions asked in research Defense with answer?

Answers

The most common questions asked in research Defense with answer is defined below.

Research:

In general term, research refers the detailed and careful study of something to find out more information about it.

Given,

Here we have to list down the most common questions asked in research Defense with answer.

What is the reason for choosing this topic?

The first question asked in this concept is this one, and you need to have a good response. Now, you should talk about the motivations for the study. And also talk about the research problem you wanted to address which made you embark on the study.

Clearly, explain what your research project is all about?

Now, you have to respond to this question, you need to fully understand your research project and be able to repeat your abstract.

Scope of the study

Now, you have to briefly state the specific aspects of your project topic that was covered.

Significance of the study

Now, you have to answer this question, you will need to state how your research work will help other researchers, educators, organizations(like the case study used), practitioners and policymakers.

Do you bridge any gaps in your study?

In this place, you should talk about how your study addressed the existing problems/concerns that made you carry out the research.

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Question 3 (1 point)
Brett is interviewing candidates for a position that will deal directly with customers
who have questions or concerns. What would be the BEST question for him to ask to
assess a candidate?

Answers

Can you give an example of a time when you successfully addressed a client's problem or concern. would be the finest query Brett might use to evaluate a candidate for a customer service role.

What does the interview process entail when a candidate is asked questions?

According to Lumen Learning, the interviewee is the one that participates in the conversation and spends the entire time answering questions. The interviewer, on the other hand, always poses the questions.

Which type of interviewing is most frequently conducted today as the initial interview?

Frequently, the first interview you have with a company is a screening interview. A screening interview is conducted to see whether potential employees fit the fundamental requirements for a certain employment.

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HELP ASAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

About which activity or aspect of the distribution function does David need more guidance?

David works as a warehouse employee for a business that manufactures kitchenware. The utensils and other items that the business manufactures are extremely delicate. Recently, David dropped some expensive glassware when he was loading the items in a truck. David’s manager has decided to provide him better guidance about an important aspect of distribution, which is BLANK.

Answers

Answer: I think it’s marketing

Explanation:

is used when the goal is to build primary demand and is used when the goal is to build selective demand. What is it ?

Answers

The term "primary demand" refers to creating demand for a product category as a whole, whereas "selective demand" refers to creating demand for a specific brand within that category.

Advertising is typically used when the goal is to build primary demand because it seeks to increase awareness and interest in a product category, rather than promoting a specific brand. By contrast, sales promotion is typically used when the goal is to build selective demand because it offers incentives to customers to choose a particular brand over its competitors.

However, it is worth noting that advertising and sales promotion are often used together in integrated marketing campaigns that aim to achieve both primary and selective demand.

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What is significance of evaluating PeCS of a successfull entrepreneur? What insights can you draw from this activity?

Answers

Answer:

It is very important to assess one's personal entrepreneurial competencies (PECs) in order to know the strengths and weaknesses of the entrepreneur. In that manner, the entrepreneur can design a plan to compensate for his weaknesses and develop his strength in order to deliver the excellency that was expected of him.

Texas star oil won the bid to build an oil facility for a host country government. However, the execution of the contract has been delayed due to bureaucratic procedures in the less-developed nation. In order to legally overcome this problem, texas star oil could resort to the payment of:.

Answers

The Texas star oil could have to resort to the payment of speed money in order to legally overcome the problem.

What is a speed money?

A speed money refers to a money paid to speed up some tasks or operations that are been delayed intentionally by someone or some company.

Because of the pending bureaucratic procedures which made the execution of the contract to be delayed, the option of Speed money is most viable option for Texas Star oil.

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personal finance question,, think its a or b??? i second guess myself alot lol

personal finance question,, think its a or b??? i second guess myself alot lol

Answers

Answer:   C

Explanation:

Answer:

It is either B or C. But, C is most reasonable.

In your job application, you must sound professional so they actually think about hiring you, or by sounding professional, it gives you a higher chance of getting the job.Why I think it's B is because it's quite helpful having a paper and online copy. But it's not essential. Having either or is enough.

I hope this helped at all.

what are some basic marketing strategies

Answers

Claim Your Business Online.  

think positively.ALWAYS THINK POSITVE!!!

promote it n social media.

be loud to people to everybody be aware of your buisness.

Advertise Online.  

HOPE this helps

take care have a good day

prentice company had cash sales of 95,400, credit sales of 84,125, sales returns and alloacnes of 2150 and sales discounts of 3925. prentice net sales for this period equal

Answers

Prentice Company's net sales for this period equal $177,450. Prentice Company's net sales for this period can be calculated by subtracting the sales returns and allowances, as well as the sales discounts, from the total sales.

To calculate the net sales, we need to subtract the sales returns and allowances as well as the sales discounts from the total sales.

Total sales = Cash sales + Credit sales

Total sales = $95,400 + $84,125 = $179,525

Net sales = Total sales - (Sales returns and allowances + Sales discounts)

Net sales = $179,525 - ($2,150 + $3,925) = $179,525 - $6,075 = $173,450

Therefore, Prentice Company's net sales for this period equal $173,450.

Sales returns and allowances represent the value of merchandise that customers have returned or for which they have received an allowance due to quality issues, defects, or other reasons. Sales discounts, on the other hand, are offered to customers as an incentive to prompt prompt payment. Both sales returns and allowances and sales discounts are deducted from the total sales to arrive at the net sales figure.

In this case, Prentice Company had cash sales of $95,400 and credit sales of $84,125, resulting in a total sales figure of $179,525. However, there were sales returns and allowances amounting to $2,150 and sales discounts totaling $3,925. By subtracting these two amounts from the total sales, we find that Prentice Company's net sales for this period equal $173,450. Net sales is a crucial metric that reflects the actual revenue generated by a company after accounting for returns, allowances, and discounts.

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In which stage of the product life cycle does a company usually not generate profits from a new​ product?.

Answers

The stage of the product life cycle which a company usually does not generate profits from a new​ product is: C. introduction stage

What is a product?

A product is any tangible item or physical object that is essentially produced by a manufacturer, so as to satisfy and meet the demands, needs or wants of every customer.

What is a product life cycle?

A product life simply refers to all of the phases or stages that a specific product moves through, primarily from the point (period) it was introduced by the manufacturer (producer) into the market to the period when it is eventually revoked and moved from the market.

Generally speaking, there are four (4) main stages in the product life cycle and these including the following;

Introduction.Growth.Maturity.Decline

In conclusion, we can reasonably infer and logically deduce that no profits are generated at the introduction stage of a product because customers, sales, and competitors have fallen.

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Complete Question:

In which stage of the product life cycle does a company usually not generate profits from a new product?

a. maturity stage

b. growth stage

c. introduction stage

d. cannibalization stage

e. decline stage

Angelo has a savings account worth $1000 that earns 2% interest, a student loan of $40,000 that charges 4.6% interest, and a credit card bill that has $1500 on it with a 23.4% interest rate. He has a budget surplus of $300 at the end of the month. What should he do with the $300?

Answers

Based on the information given what he should with the $300 is: Pay it toward his credit card bill, because it has the highest interest rate.

What is interest rate:

Interest rate can be defined as the amount that is charge on the amount borrowed or loan amount.

Based on the given details the interest rate given are;

Saving account=2% of $1,000

Student loan=4.6% of $40,000

Credit card bill=23.4% of $1,500

We can see that credit card bill has the highest interest rate of 23.4%, therefore the budget surplus amount of $300 should be paid toward the credit card bill because it has the highest interest rate.

Inconclusion what he should with the $300 is: Pay it toward his credit card bill, because it has the highest interest rate.

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What is from utility

Answers

Explanation:

Refers to how well a product or service meets the customer's needs

Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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Career Cluster
If your dream is to be an elementary school teacher, the
might be best for you.
A. Education and Training
B. Human Services
C. Health Sciences
D. Training and Instruction

Answers

Answer: A

Explanation

PLEASE HELP QUICK!!!
Which of the following is an advantage of buying your home over renting?
(1 point)
O You do not have to worry about the housing market in your area.
O The amount you pay each month is set by the terms of your mortgage.
O If something breaks, you have to fix it or pay to have it fixed.
O Your mortgage payments will far exceed the value of your home.

Answers

The amount you pay each month is set by the terms of your mortgage.

Answer:

The amount you pay each month is set by the terms of your mortgage.

Explanation:

connexus

The collection float component that includes processes such as opening the mail and separating the payment from the remittance advice, is generally known as what

Answers

The "collection-float" component which includes processes like "opening-mail" and "separating-payment" from "remittance-advice" is  known as (a) Mail-Float.

The "Mail-float" refers to time it takes for payments to physically move through the postal system and reach the recipient organization. It encompasses tasks such as receiving, sorting, and opening mail, as well as extracting the payment and associated documents from the envelope.

Mail float is an important consideration in cash management as it affects the time it takes for payments to enter the organization's payment processing system. Efficient handling of mail can help minimize delays and optimize cash-flow management.

Therefore, the correct option is (a).

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The given question is incomplete, the complete question is

The collection float component that includes processes such as opening the mail and separating the payment from the remittance advice, is generally known as what?

(a) Mail Float

(b) Processing Float

(c) Availability Float

(d) Clearing Float

What is the solution to this equation x+15=28

Answers

Answer:

13

Explanation:

Trust me

I am always concerned about my job

Answers

Answer:

then get a new job

Explanation:

Answer:

why? Maybe its time for a new job.

Explanation:

Hubert is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: Because his pool sessions are helping him swim more quickly, Hubert plans to reduce by 1 hour per week the time he spends training on the bike and increase by 1 hour the time he spends in the swimming pool; however, his wife says that he should stop doing any biking and running and spend all 20 hours per week in the pool. Which basic principle of individual choice does Hubert's plan illustrate that his wife's advice does not

Answers

Answer:

Many decisions are made on the margin.

Explanation:

The principle state that many economic decisions are made by looking at the Cost Benefit at the margin.

This would involve looking at the Cost Benefit of an additional unit of consumption or production.

In this case, Hubert wants to spend an extra hour that would improve her swimming that would improve her chances of doing well in triathlon.

Therefore, Many decisions are made on the margin.

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According to the video, which qualities do Lawyers need? Select all that apply.

x mechanical skills
x aggressiveness
intelligence
x physical fitness
determination
moral and ethical integrity
people skills

According to the video, which qualities do Lawyers need? Select all that apply.x mechanical skillsx aggressivenessintelligencex

Answers

Answer:

C E F G

Explanation:

According to the video, The qualities Lawyers need, The first is intelligence, the second one was determination, moral and ethical integrity people skills.

What are skills?

A skill is the acquired capacity to move with deliberate intent and good execution, frequently in a pre-determined window of time or energy or both. Domain-general and domain-specific skills are two common categories of skills.

As, The qualities the lawyer needs in the Curveballs will probably be thrown throughout a case session, and they must be able to understand them and react accordingly.

As, The important quality, the lawyer needs is zeal for one's work. Successful attorneys nearly usually have a genuine enthusiasm for what they do as a profession.

Therefore, The right option (C, E, F, G)) is correct.

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whats the biggest risk in starting your own business

Answers

Answer:

Abandoning the steady paycheck. ...

Sacrificing personal capital. ...

Relying on cash flow. ...

Estimating popular interest. ...

Trusting a key employee. ...

Betting on a crucial deadline. ...

Donating personal time (and health).

4. according to the general aggression model, repeated exposure to aggressive models in films or video games may increase a person’s level of aggressiveness by ________.

Answers

According to the general aggression model, repeated exposure to aggressive models in films or video games may increase a person's level of aggressiveness by both priming aggressive thoughts and cognitions and by desensitizing individuals to violent behavior.

This is because exposure to media violence can lead to the normalization of violent behavior and reduce an individual's empathy toward victims of violence.

Moreover, repeated exposure to aggressive models can result in the development of aggressive scripts or mental representations of aggressive behavior that can guide individuals' responses to social situations.

Therefore, the more an individual is exposed to violent media, the more likely they are to adopt aggressive thoughts and behavior, particularly when provoked or frustrated.

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Describe the differences and similarities surrounding the circumstances that caused the financial crisis during the 1980s and the crisis of 2007.

Answers

Answer:

The financial crisis that began in the 1980s was the result of lax government regulations and management fraud that led to the closure of more than 1,000 savings and loans. The 2007 crisis was the result of risky mortgage loans and investments connected with those loans. In each case the situation resulted in borrowers’ inability to pay back loans and caused many to lose their homes due to foreclosure.

Explanation: Took the practice test on edge and this was the sample response. ^-^

Increased unemployment, loss of income and increased risk have been among the major social impacts of the crisis.

What do you mean by financial crisis?

A financial crisis is when financial instruments and assets fall sharply in value.

In the 1980s, The financial crisis that occurred was the result of government regulations and administrative fraud that resulted in the closure of savings and more than a thousand loans.

The crisis of 2007 was the result of risky home loans and investments related to those loans.

Thus,these are the differences and similarities of the financial crisis during the 1980s and the crisis of 2007.

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Who is responsible for reporting all taxable income even if it does not appear on a W-2 form?

Answers

Answer:

IRS

Explanation:

in general equilibrium analysis and taking into account feedback effects, analyze the effects of increased taxes on airline tickets to major tourist destinations such as

Answers

The increase in taxes on air tickets to tourist destinations can have both positive and negative impacts on the overall economy.

On one hand, the increased tax revenues can be used to fund infrastructure projects, create jobs, and stimulate economic growth. On the other hand, the increased taxes may lead to higher airfares, resulting in fewer people taking trips or holidays and thus lead to a decline in spending on associated goods and services, like restaurants, shopping, and activities.

Furthermore, the increased taxes could lead to an increase in competition among airlines as they attempt to keep their prices competitive and thus further dampen the economic impact. In such a situation, a general equilibrium analysis would determine the overall economic impact of the taxation increase by combining the positive and negative impacts to determine the long-term outcomes. This could include positive impacts such as job creation and infrastructure improvements or negative consequences such as decreased spending on trips and leisure.

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The Question-

in general equilibrium analysis and taking into account feedback effects, analyze the effects of increased taxes on airline tickets to major tourist destinations such as?

Knowing the different types of creating a small business, which of them do you think has the greatest chance of success? Why?

Answers

Determining the type of small business with the greatest chance of success depends on various factors such as market conditions, industry trends, and individual circumstances. However, businesses that are built around a strong value proposition, address a genuine market need, and have a scalable business model tend to have a higher likelihood of success. Additionally, businesses that leverage technology, embrace innovation, and adapt to changing customer preferences have an advantage in today's dynamic business environment.

There is no one-size-fits-all answer to this question as the success of a small business depends on a multitude of factors. However, certain types of businesses have shown greater potential for success in recent years. For example, businesses operating in the technology sector, such as software development or e-commerce, have experienced significant growth due to advancements in technology and increasing online consumer behavior.

Moreover, businesses that offer unique products or services, filling a gap in the market, tend to have a higher chance of success. By identifying an unmet need or providing a solution to a common problem, these businesses can attract a loyal customer base.

Furthermore, businesses that have a scalable and adaptable business model are more likely to succeed in the long run. This means having the potential for growth, the ability to reach new markets, and the flexibility to pivot in response to market changes.

Ultimately, the success of a small business depends on careful planning, market research, and execution. It is crucial to thoroughly analyze the target market, understand the competition, and develop a strong value proposition that resonates with customers. Additionally, having a solid business plan, a sound financial strategy, and the ability to effectively manage resources are key factors in achieving success in any type of small business.

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In an advertisement, a statement by a user about the benefits he or she received is called a _____.
A.testimonial
B.storyboard
C.unique selling proposition
D.visual element

Answers

Answer:

A. Testimonial

Explanation:

A testimonial typically refers to the the experience a person has with the product or service. It usually contains positives, but also can have negatives as well.

~

Answer:

Testimonial

Explanation:

Reflective journal on impacts of unionization, why you choose
this topic and how it impacts on you?

Answers

I will provide you with a general explanation of a reflective journal on impacts of unionization.

What is unionization?

Unionization is the act of forming or joining a labor union to advocate for better working conditions, wages, and benefits.

How unionization impacts workers and organizations:

Unionization benefits workers by giving them a collective voice in negotiations with employers. Employees who belong to a union generally receive better wages, benefits, and working conditions. Unionized workers also have more job security and are better protected from discrimination, harassment, and unfair treatment in the workplace. However, unionization can lead to higher labor costs for employers and create tension between unionized and non-unionized employees. Organizations must also negotiate with union representatives on issues such as wages, hours, and working conditions, which can be time-consuming and costly.

How to write a reflective journal on impacts of unionization:

Begin by writing about why you chose this topic, and what you hope to learn from reflecting on it. As you continue to write, consider the following questions:-

How has unionization impacted workers and organizations?

- Have you ever belonged to a union or worked for an organization that was unionized?

How did this impact you?

- What are the benefits and drawbacks of unionization, from both the employee and employer perspective?

- What can be done to address the challenges and opportunities of unionization in today’s workforce?

- What role do you see unions playing in the future of work?

As you reflect on these questions, consider your personal experiences and opinions, and how they shape your understanding of the impacts of unionization.

Remember that the goal of a reflective journal is not to arrive at a single “correct” answer, but rather to engage in a thoughtful, honest, and open-ended exploration of a topic.

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Which of the following are typical repurchase agreement denominations? Check all that apply.
$500,000
$1,000,000
$10,000,000
$100,000,000

Which of the following are characteristics of repurchase agreements? Check all that apply. Money market funds are common borrowers and investors in repos, whereas banks and savings institutions are common investors in these agreements. Their denominations are typically $10 million or more. The size of the repo market is approximately $5 trillion. There is no secondary market for repurchase agreements. Suppose Alyssa initially purchased securities at a price of $49,050,000 while agreeing to sell them back to the original owner at a price of $50,000,000 at the end of a 3-month period. Assuming a 360 day year, the yield (or repo rate) on this repurchase agreement is: 7.05% 7.36% 7.75% 8.06%

Answers

Typical repurchase agreement denominations include $500,000, $1,000,000, $10,000,000, and $100,000,000. The yield or repo rate on this repurchase agreement is 7.05%

Characteristics of repurchase agreements include money market funds being common borrowers and investors, banks and savings institutions being common investors, the typical denominations being $10 million or more, and the size of the repo market being approximately $5 trillion. However, the statement that there is no secondary market for repurchase agreements is incorrect. Repurchase agreements can be traded in the secondary market, allowing investors to buy and sell them before their maturity date.

To calculate the yield or repo rate on a repurchase agreement, we need to use the formula: Yield = (Purchase Price - Sale Price) / Purchase Price * (360 / Days).

Given that Alyssa initially purchased securities at a price of $49,050,000 and agreed to sell them back for $50,000,000 at the end of a 3-month period, we can calculate the yield using the formula. Plugging in the values, we have: Yield = ($50,000,000 - $49,050,000) / $49,050,000 * (360 / 90) = 7.05%.

Therefore, the yield or repo rate on this repurchase agreement is 7.05%.

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