Based on the following cost data, what conclusions can you make about the costs of Product A and Product B?

Answer:

The law of demand dictates that when prices go up, demand goes down – and when prices go down, demand goes up. For instance, a baker sells bread rolls for $1 each. They sell 50 each day at that price. However, when the baker decides to increase to price to $1.20 – they only sell 40

Explanation:

Answer:

Explanation:

Since we are making selection, we will use the combination formula to find the  number of selections possible.

For example, If r objects are selected from a pool of n objects, this can be done in nCr different ways.

\(nCr = \frac{n!}{(n-r)!}r! \\\)

if Jeanine Baker makes floral arrangements with 18 different cut flowers and plans to use 7 of them, her selection can be made in 18C7 different ways.

\(18C7 = \frac{18!}{(18-7)!7!}\\18C7 = \frac{18!}{11!7!}\\ 18C7 = \frac{18*17*16*15*14*13*12*11!!}{11!*7*6*5*4*3*2!}\\\\18C7 = \frac{18*17*16*15*14*13*12}{7*6*5*4*3*2!}\\18C 7 = \frac{3*17*16* 3*2*13}{2} \\18C7 = 31,824\ different\ selections\)

a) i) Using ordinary least squares, the estimated total cost function for the bakery's "super cakes" is Total Cost (Sh. '000') = 4.07 + 0.81 * Number of cakes ('00' units).

ii) The break-even number of cakes is approximately 21.42 cakes.

b) Model A has an average productivity of 171.33 units per hour, while Model B has an average productivity of 190.71 units per hour. We cannot conclude that they have the same productivity.

a) i) To estimate the total cost function using the ordinary least squares method, we can use the given data on the number of cakes and total cost for the last 10 days. Let's denote the number of cakes as X and the total cost as Y.

Using a linear regression model, we can find the equation of the line that best fits the data. The general form of the linear equation is Y = a + bX, where a represents the fixed cost and b represents the unit cost.

We can calculate the values of a and b using the ordinary least squares method. This involves minimizing the sum of the squared differences between the observed total cost and the predicted total cost based on the equation.

After performing the calculations, we obtain the following results:

a = 4.07 (fixed cost)

b = 0.81 (unit cost)

Therefore, the estimated total cost function for the bakery's production of "super cakes" is:

Total Cost (Sh. '000') = 4.07 + 0.81 * Number of cakes ('00' units)

ii) To determine the break-even number of cakes, we need to find the number of cakes at which the total cost equals the total revenue. Since each cake is sold at Sh. 10, the revenue function can be expressed as Revenue = 10 * Number of cakes ('00' units).

Setting the total cost function equal to the revenue function, we have:

4.07 + 0.81 * Number of cakes = 10 * Number of cakes

Simplifying the equation, we find:

0.19 * Number of cakes = 4.07

Dividing both sides by 0.19, we get:

Number of cakes = 21.42

Therefore, the break-even number of cakes for the bakery is approximately 21.42 cakes.

b) To conclude whether Model A and Model B have the same productivity, we can analyze the production statistics provided for both models. Based on the data, we can calculate the mean (average) number of units produced per hour for each model.

Model A: (180 + 176 + 184 + 181 + 190 + 137) / 6 = 171.33

Model B: (195 + 194 + 190 + 192 + 187 + 185 + 187) / 7 = 190.71

From the calculated means, we can see that Model A has a lower average productivity (171.33 units per hour) compared to Model B (190.71 units per hour). Therefore, based on the given data, we cannot conclude that Model A and Model B have the same productivity.

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A creative innovation is bringing about something unique and different.

Creativity is the ability to imagine something unique or new that have not been in existence.

It could also be a modification to what have been existing before.

Therefore, A creative innovation is bringing about something unique and different.

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The Cultural and behavioural expectations of studying for a degree in business management help to learn about the culture that affect the behaviors of employees, as well as customers.

Cultural expectations can be described as the messages that can be  internalize with respect to what is and is what is not acceptable which focus on the standards of behavior as well as the cultural norms by our social systems.

It should be noted that the Social groups  can be in many forms,  such as the community, friends, workplace,  hence the Cultural and behavioural expectations behaviors of employees, as well as customers.

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Credit card and debit card

PROS

CONS

The appropriate stock price for Blitz Corporation would be approximately $39.53. Option A is the correct answer.

To determine the appropriate stock price for Blitz Corporation, we can use the price-to-sales (PS) ratio. The PS ratio is calculated by dividing the market capitalization of a company by its total sales.

Given that the benchmark PS is 1.44 times, we can calculate the market capitalization of Blitz Corporation as follows:

Market capitalization = Total sales × PS ratio

Market capitalization = $2,690,000 × 1.44

Market capitalization = $3,873,600

To find the appropriate stock price, we divide the market capitalization by the number of shares outstanding:

Stock price = Market capitalization / Shares outstanding

Stock price = $3,873,600 / 98,000

Stock price ≈ $39.53

Therefore, Option A is the correct answer.

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Answer:

work history

Explanation:

Answer:

true

Explanation:

yes United states has market economies

Explanation: The free enterprise system is an economic system in which the government only exhibits partial dominance over market-correlated decisions; communism is an economic system in which the government exhibits full dominance over market-correlated decisions. The U.S.A. acts on the free enterprise system.

I did this assignment. God bless.

Answer:

The monthly mortgage payments go up or down from year to year.​

Explanation:

In the adjustable-rate mortgage, monthly mortgage payments go up or down from year to year.​

A mortgage is often known as a mortgage loan. It is a contract between the borrower and a mortgage lender that permits the borrower to buy or refinance a home without having to pay the entire amount upfront.

Monthly mortgage payments on an adjustable-rate mortgage fluctuate from year to year according to the payment of installments of the mortgage.

​

Therefore, option D is correct.

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The organization where the goods & services should be operated for profit is known as the business.

The following information related to the business is:

Therefore we can conclude that The organization where the goods & services should be operated for profit is known as the business.

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Answer:

false

Explanation:

Im just guessing

Answer:

C) price elastic.

Explanation:

Answer:B

Explanation: everything had a code of ethics.

Some of the advantages and disadvantages of sole proprietorship include:

One of the advantages of a sole proprietorship is that the business owner gets to keep all the profits of the business for themselves. This is because the owner has complete control over the business and is not required to share the profits with any other partners or shareholders.

One of the disadvantages of a sole proprietorship is that the business owner is personally liable for any debts or legal issues that arise in the course of business.

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The unemployment rate includes marginally attached workers and underemployed workers False.

The unemployment rate for any location is calculated by dividing the number of locals who are unemployed and actively looking for work by the total local workforce.

A individual must be 16 years old and have been available for full-time employment for the previous four weeks in order to be declared jobless. During this time, the person ought to be actively hunting for work.

All unemployed people who are available to accept a job and have actively looked for employment in the past four weeks are included in the official definition of unemployment (as measured in the CPS by U-3 in the U-1 to U-6 range of choices).

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To record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024, we need to consider the issuance of the bonds and the accrual of interest expense.

1. Bond Issue on January 1, 2024:

  Date         Account                Debit        Credit

  --------------------------------------------------------

  January 1, 2024   Cash                     $293,938

                                     Bonds Payable                $320,000

  To record the issuance of $320,000 face value bonds at a discounted price of $293,938.

2. Semiannual Interest Payment on June 30, 2024:

  Date         Account                Debit        Credit

  --------------------------------------------------------

  June 30, 2024      Interest Expense    $14,400

                                  Cash                       $14,400

  To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from January 1, 2024, to June 30, 2024.

3. Semiannual Interest Payment on December 31, 2024:

  Date         Account                Debit        Credit

  --------------------------------------------------------

  December 31, 2024   Interest Expense    $14,400

                                      Cash                       $14,400

  To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from July 1, 2024, to December 31, 2024.

Please note that the interest expense amount mentioned in the question might be incorrect. Based on the information provided, the interest expense should be $12,800 for each semiannual interest payment, resulting in a total of $25,600 for the year 2024.

E-commerce businesses and other sales-related organizations use the concept of customer acquisition costs to measure the expenses involved in persuading a potential consumer to buy a service or good.

A client is sometimes considered to be someone who purchases a good, business, or product. Customers are more clearly defined as individuals or organizations that are presently purchasing, have recently purchased, or may be considering purchasing a services or goods from another person or business.

Excellent Clients Aspire to Self-Sufficiency To suit their demands, they must be able to customize and alter it instantly. These are the folks who find a great deal of joy in figuring out the solution on their own and view asking for assistance from others as a sign of personal failure.

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Answer:

A. 75%

Explanation:

A workforce is a term used to describe the number of able people working for government, establishments, institutions and private companies etc in a society. Thus, educated workforce implies the number of educated able people that have the ability to work with respect to their academic discipline.

US has a high number of workforce and compensating packages for them. But when compared to other countries, over 75% of educated workforce exists outside of the United States of America.

In aesthetic reasoning, the form of argumentation that is not commonly used is Option B. Statistical syllogism.

Aesthetic reasoning focuses on the subjective and qualitative aspects of art, beauty, and expression. It involves analyzing and evaluating the aesthetic qualities and experiences associated with a particular artwork, object, or concept. In this context, arguments are often based on personal preferences, individual interpretations, and emotional responses rather than empirical data or statistical evidence.

A. Analogy is a form of argumentation commonly used in aesthetic reasoning. It involves comparing similarities between different objects, experiences, or concepts to support a particular aesthetic judgment or interpretation. By drawing parallels and making connections, analogy helps to explain and communicate aesthetic qualities, associations, or meanings.

C. Definition is another form of argumentation frequently used in aesthetic reasoning. It involves providing clear and precise explanations of key terms, concepts, or aesthetic categories to facilitate understanding and analysis. By defining terms such as beauty, harmony, or expression, individuals can establish a framework for discussing and evaluating aesthetic qualities.

However, statistical syllogism, which relies on statistical data and generalizations, is not commonly used in aesthetic reasoning. Aesthetic judgments are typically subjective and personal, based on individual experiences and perceptions. Statistics and generalizations may not adequately capture the nuances, complexities, and subjective nature of aesthetic experiences.

In summary, while analogy and definition are commonly used in aesthetic reasoning, the statistical syllogism is not typically employed due to the subjective nature of aesthetic judgments. Therefore, the correct option is B.

The question was incomplete, Find the full content below:

Which of the following forms of argumentation is not commonly used in aesthetic reasoning?

A. Analogy

B. Statistical syllogism

C. Definition

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Answer:

The marketing executive need to use the Cash

Flow Forecasting to forecast the minimum budget for the company's app installs goal for

the next campaign.

What is a Cash Flow Forecasting?

This refers to process of estimating the flow of cash into and out of your business over a period of time.

Hence, the preparation of this Cash Flow will let the marketing executive know the minimum budget to be need for sponsoring the company's app installs goal for the next campaign.

Explanation:

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Answer:

2.04 years

Explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Payback period = Amount invested / cash flow

Cash flow = net income + depreciation

$110,000 + $17,000 = $127,000

Payback = $260,000 / $127,000 = 2.04

Answer:

TOTAL amount

TOTAL amount

Answer:

Increasing

Explanation:

Answer:

Can you paste it?

Explanation:

A company may be incorporated in South Africa under one of five legal categories: a private company, a personal liability company, a public company, a non-profit organisation, or a state-owned corporation.

South Africa is a newly industrialised nation with an upper-middle-income economy, according to the World Bank. It is ranked 34th in the world and has the second-largest economy in Africa. South Africa has the 7th per economic status in Africa in the context of purchasing power parity. Nevertheless poverty and inequality continue to be widespread, with almost 25% of the population unemployed and surviving on less than US$1.25 per day. Yet, South Africa continues to have a significant regional impact and is regarded as a middle power in international affairs.

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Answer:

C

Explanation:

even if it's unintentional we should apologize professionally

Answer:

$363,700

Explanation:

The retained earnings balance as of December 31, 2020 is computed as;

= Retained earnings as of December 31, 2019 + Net income - Dividend paid

Given that

Retained earnings as of December 31, 2019 = $341,200

Dividends = $32,600

Net income = $55,100

Retained earnings balance as of December 31, 2020

= $341,200 + $55,100 - 32,600

= $363,700