Diego Company manufactures one product that is sold for $70 per unit in two geographic regions-the East and West regions. The following information pertains to the company's first year of operations in which it produced 41,000 units and sold 36,000 units. Variable costs per unit: Manufacturing: Direct materials Direct labor $ 20 $ 10 $2 $ 4 Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead $984,000 $ 308,000 Fixed selling and administrative expense The company sold 26,000 units in the East region and 10,000 units in the West region. It determined that $150,000 of its fixed selling and administrative expense is traceable to the West region, $100,000 is traceable to the East region, and the remaining $58,000 is a common fixed expense. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only product.
Answers
The all out fixed costs for the year are $1,350,000. To ascertain the expense per unit and decide the all out cost, we want to dissect the given data:
Variable expenses per unit:
Direct materials: $20
Direct work: $10
Variable assembling above: $2
Variable selling and authoritative: $4
Fixed costs each year:
Fixed assembling above: $984,000
Fixed selling and authoritative cost: $308,000
To ascertain the expense per unit, we include the variable expenses per unit:
Cost per unit = Direct materials + Direct work + Variable assembling above + Variable selling and authoritative
Cost per unit = $20 + $10 + $2 + $4
Cost per unit = $36
Presently, we should ascertain the absolute expense for the 36,000 units sold:
All out cost = Cost per unit × Number of units sold
All out cost = $36 × 36,000
All out cost = $1,296,000
Then, how about we decide the all out fixed costs:
All out fixed costs = Fixed assembling above + Fixed selling and authoritative cost + Normal fixed cost
Complete fixed costs = $984,000 + $308,000 + $58,000
All out fixed costs = $1,350,000
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Related Questions
What is the purpose of credit legislation and what is its impact on individuals, companies, and financial institutions?
Answers
Answer:
here ;)
Explanation:
Its purpose is to protect consumers obtaining credit to finance their transactions, ensure that adequate credit is provided, and govern the credit industry in general. In 1968, Congress passed the Consumer Credit Protection Act in part to regulate the consumer credit industry.
G assume the following production function n y 1 100 100 2 130 3 146 4 152 6 assuming that the product sells at the market price $1. 0. How many workers will the firm hire if the market wage is $16. 00?
Answers
The firm will hire two workers if the market wage is $16. 00.
To determine how numerous workers the establishment will hire, we need to calculate the borderline product of labor( MPL) and the value of the borderline product( VMP) at each position of labor.
MPL is the fresh affair produced by adding one further unit of labor, while VMP is the value of that fresh affair at the request price. We can calculate MPL as the difference between the affair produced with n workers and the affair produced with n- 1 workers. VMP is equal to MPL times the request price.
As we can see from the table, MPL decreases as further workers are hired. This is due to the law of dwindling borderline returns, which states that as further units of a variable input( similar as labor) are added to a fixed input( similar as capital), the borderline product of that variable input will ultimately drop.
To determine how numerous workers the establishment will hire at a request pay envelope of$16.00, we need to compare the pay envelope cost of each fresh worker to the VMP of thatworker.However, the establishment will hire another worker, If the VMP is lesser than the pay envelopecost is $6.00, which is lower than the pay envelope cost of$16.00. thus, the establishment won't hire a fourth worker.
Thus, the establishment will hire two workers at a request pay envelope of$16.00.
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In a DPP, a general partner is all of the following except A) one who buys and sells the program's property. B) one who appoints the property manager. C) a key executive who makes day-to-day business decisions. D) one who has limited liability.
Answers
Answer:
I believe that the answer is B
how can a job (or occupation) impact your life? explain in 50-100 words.
I'd rly appreciate anyone's help asap, thanks in advance! (not business, it's career ed. just chose the subject closest to it).
Answers
Answer:
Find the essay below.
Explanation:
A job or occupation is a line of work or business through which a person earns a living. A job can positively impact a person's life because it gives one a sense of purpose most especially if it is work that one truly enjoys. Over-reliance on people to provide us with the basic necessities of life can erode respect and result in a lack of self-esteem. When a person rather works hard to earn a living, it gives a sense of purpose and fulfillment.
An occupation is dignifying. Knowing that you are doing something beneficial can also bring happiness.
a) Use the law of iterated expectations to show that 3 is an unbiased estimator for B1 when E(UIX) 0 holds b) Assume further that Var (UIx) -02. Since t(Xi, Y) i I, n is a random Sample, this implies that var VilA1, An E OT for i -1, n. Compute V ar (p A1, An under these assumptions
Answers
a. Therefore, we have shown that 3 is an unbiased estimator for B1 when E(UIX) = 0 holds.
b. Therefore, we have computed the variance of the estimator (B1, B0) under the assumption that Var(UIX) = σ^2.
a) To show that 3 is an unbiased estimator for B1 when E(UIX) = 0 holds, we can use the law of iterated expectations as follows:
E(3) = E[(∑(Xi - Xbar)(Yi - Ybar)) / ∑(Xi - Xbar)^2]
= E[∑(Xi - Xbar)(B1Xi + UI - Ybar)) / ∑(Xi - Xbar)^2] (from the simple linear regression equation)
= E[∑(Xi - Xbar)B1Xi / ∑(Xi - Xbar)^2] + E[∑(Xi - Xbar)(UI - Ybar)) / ∑(Xi - Xbar)^2]
= B1E[∑(Xi - Xbar)Xi / ∑(Xi - Xbar)^2] + E[∑(Xi - Xbar)(UI - Ybar)) / ∑(Xi - Xbar)^2] (using the fact that E(UIX) = 0)
= B1 (since ∑(Xi - Xbar)Xi / ∑(Xi - Xbar)^2 = 1, and E[∑(Xi - Xbar)(UI - Ybar)) / ∑(Xi - Xbar)^2] = 0 due to the orthogonality condition of the OLS estimator)
b) Assuming further that Var(UIX) = σ^2, we can compute the variance of the estimator p = (p1, p2) = (B1, B0) as follows:
Var(p) = Var(B1X + B0)
= X'Var(p)X (where X is the matrix of independent variables and Var(p) is the variance-covariance matrix of p)
= σ^2(X'X)^-1 (since the OLS estimator is BLUE and has minimum variance among all unbiased linear estimators)
Substituting X = [1 X1 ... Xn]', we get:
Var(B1, B0) = σ^2(X'X)^-1
= σ^2 / [∑(Xi - Xbar)^2 ∑1] * [∑Xi^2 ∑Xi; ∑Xi ∑1]
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6. Describe at least three things a bank would consider about you when deciding whether to give you a loan. (1-3 sentences. 3.0 points)
Answers
Explanation:
Your Credit History
Your Ability To Pay The Loan
Your Cash Flow History
Edith is the owner and manager of a small coffee shop that employs three workers who use the shop’s one coffee machine to make and serve coffee to paying customers. business has begun to pick up; lines are getting longer every day in her shop. on a busy morning, she sees her baristas scrambling to take orders, get cups, fill coffee from the coffee machine, add cream and sugar, and serve customers in a timely manner. she figures if she hires three more baristas she’ll be able to sell twice as much coffee.Do you think she's likely to be right? Why or why not?
Answers
Owning and operating a tiny coffee shop is Edith. The coffee shop has three people working there. In the shop, there is just one coffee maker.
What does operating mean in its entirety?
performance of a practical task or of something requiring the use of concepts or procedures in practice. You should practice until you can do the procedure without pausing or thinking. a showing of influence or authority. the way a medicine works. the quality or condition of functioning or being active. to perform an activity, bring about an outcome, or induce something to perform To improve the efficiency of the department, changes are being made.
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hey, would love some help with these 3 questions!
here's the actual source:
Netflix is an American public limited company that sells subscriptions to its online video streaming services. A subscription allows consumer in over 190 countries to stream television programmes and films through the internet
In 2016 Netflix decided to increase the price of its standard UK subscription from 5.99 to 7.49 per month. This move reflected Netflix's shift toward producing more of its own original streaming content, such as the hit drama 'Stranger Things', rather than repeating shows that are available on terrestrial channels such as BBC1 or itv1.
In recent years, the online streaming market has become increasingly competitive with rivals such as Amazon Prime, investing $180 million on 36 episodes of 'The Grand Tour'. To keep up, Netflix has commited itself to spending $6bn on new, original programming in 2017.
Netflix faces the difficult of raising prices to fund new shows, whilst at the sime time not putting off new and existing subscribers. However, Netflix continues to expand and build up its library of programmes and films from non-English speaking countries. Netflix's longer-term aim is to successfully enter the Chinese market.
Answers
Answer:
i’m stuck on the first but i can help with the second one and third.
Explanation:
second one: “This move reflected on Netflix’s shift toward producing more of it’s own original streaming content.”
Third one: “I believe that netflix should ___ because…”
my opinion if you want to use it :)
I believe that Netflix should add special offers on more subscriptions. I say that because there are so many possibilities that they could come up with and they could use for it. They could also make a lot more money on how good the offers are. If they added more subscriptions, maybe more people would buy them to try out and if they ike it, they would j using it from that day forward, which not only would help netflix make even MORE money, but depending on how good the special offer is, it would make netflix producers and the customers very happy.
he left the clinic. start's with that
Answers
Answer:
sí, salió de la clínica
Explanation:
A company using public relations sends information to media outlets such as newspapers and ratio stations. Who decides what Information about the company the outlets will publish?
Answers
Answer:
The media outlets should be correct
Explanation:
A P E X
what is franco invoice?
Answers
An invoice number is a unique number in chronological order without any breaks. There can be separate series for different invoices. The invoice must have the date on which service is provided to the client.
Conor broke his wrist while playing basketball in the backyard. He ended up in the hospital. After an X-ray, MRI, doctor visit and a cast, he receives a hospital bill for $10,000. According to his health insurance policy, he has $2,000 deductible (which he did not pay this year at all) and a 20% co-pay. How much Conor will have to pay for the hospital?
Answers
Answer:
$6,000
Explanation:
A deductible is the amount Conor has to pay before his medical bills and prescriptions start getting coverage from his insurance.
Step 1: 10,000 - 2,000 = 8,000
A co-pay is a fixed amount the insured has to pay for certain medical services.
Step 2: 20% of 8,000 or 0.20 times 8,000 = 1,600
Step 3: add $2,000 (the deductible you have to pay) and $1,600 (the co-pay)
Total amount that Conor will have to pay for the hospital: $3,600
The demand side of economic policy, refers to the actions undertaken by a nation's central bank to control money supply to maintain economic growth. This is an example of
Inflation
monetary policy
Debt management
Loans
Answers
Answer:
The perspective of economic policy that focuses its efforts to follow a national central bank when it wants to make sure money supply is regulated to achieve a continuous economical positive development is an example of:
monetary policy
Explanation:
The reasons behind this answer are that monetary policy is the concept used to represent the efforts of a certain monetary organization to make sure the interest rates are set in the best scenario to enable borrowers to pay their debts. Pointing to a scenario of economical and monetary stability that would support the country in times of economical distress.
________ are legal documents that the state issues to companies based on information the company provides in the articles of incorporation.
Answers
The legal documents that the state issues to companies based on information that the company provides is known as corporate charter.
What is a corporate charter?It should be noted that a corporate charter is the document that's filed with the secretary of state to establish a company as a corporation.
It is simply legal documents that the state issues to companies based on information the company provides in the articles of incorporation.
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Imagine that you are the CEO of an oil company. Your company owns the right to drill on an offshore tract of land, having won an auction and paid $2 million for those drilling rights. The expected return to drilling on this land was 17% (with conventional cash flows) at the time you placed the bid, and your required return at the time was 14%, so the project was expected to have a positive NPV. Since then, however, government policy has changed. Extra regulatory costs of drilling have lowered the expected return to 15% (not including the cost of the lease), while the added risk of drilling under an administration that disapproves of oil exploration and production has raised the required return to 16 %. Based on the principles of capital budgeting from Chapters 9 and 8, which of the following are correct? Choose all that apply. (Select all the choices that apply.) A. Your decision should not be influenced by regulatory costs. B. You should begin drilling now, because the expected return is still positive. C. Your decision should not be influenced by the cost of purchasing the drilling rights, because that is a sunk cost. D. You still have a valuable option - the option to delay commitment- and thus you should wait and perhaps drill later if the regulatory costs and risk go back down again. E. You should not drill now, because the current NPV is negative. F. You should begin drilling now, because the expected return is still above the original required return of 14%.
Answers
The correct answers are C and D. The cost of purchasing the drilling rights is a sunk cost, and the option to delay commitment is a valuable one. The expected return is still positive, but the required return has increased.
A sunk cost is a cost that has already been incurred and cannot be recovered. In this case, the cost of purchasing the drilling rights is a sunk cost. The CEO should not let this cost influence their decision to drill, because it is not relevant to the future cash flows of the project.
The option to delay commitment is a valuable one because it gives the CEO the flexibility to wait and see if the regulatory costs and risk go back down again. If they do, the CEO can then drill and still have a positive NPV. However, if they do not go back down, the CEO can simply walk away from the project and lose only the sunk cost of the drilling rights.
The expected return is still positive, but the required return has increased. This means that the NPV of the project is now negative. The CEO should therefore wait and see if the regulatory costs and risk go back down again before making a decision.
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sport-in corporation manufactured 10,000 golf bags during april. the following fixed overhead data pertain to march: actual static budget production 20,000 units 20,500 units machine-hours 5,100 hours 6,150 hours fixed overhead cost for march $250,000 $258,300 what is the amount of fixed overhead allocated to production?
Answers
$258300 would be the amount of fixed overhead cost allocated to production in this case.
What do you understand by fixed cost?
On the income statement, company expenses may be split down into direct, indirect, and capital expenditures. On the balance sheet, these expenses can be shown as short-term or long-term liabilities. The total cost structure of a company is made up of both fixed and variable costs.
Cost structure analysis comes in many forms, and it is used by cost analysts to examine both fixed and variable costs. Costs are typically a major determinant of overall profitability.
The term "fixed costs" refers to expenses that remain constant throughout time. Typically, schedules or business agreements create them. These are the fundamental expenses related to running a firm fully. Over the course of a contract or cost schedule, fixed costs remain constant after they have been defined.
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Organizationally supported programs that focus on the employee's total physical and mental condition, such as helping them quit smoking or control alcohol use, are called ________ programs.
Answers
Organizations are usually engage in various kinds of programs. The programs helping them quit s moking or control alcohol use, are called wellness programs..
Wellness is simply known as involving yourself in those habits which are good to the human body.
Organizational behavior is often deals with the analysis of employee for individual and group performance in an organization.
Conclusively, It deals with human behavior when communicating, working, ethics, motivation, and leadership.
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How do your parent(s) or guardian(s) and your own spending and saving habits
compare and contrast from one another? Write the similarities and differences.
Answers
Answer:
I spend more than them ngl lol dead
Explanation:
My parents are the ones who pay for the gas, bills, buying groceries, and other necessities using the money that they earn. I save all the money I earn from my job and seldom buy stuff compared to my parents. The few purchases I made were not necessary for me to survive, but I really wanted it. My parents and I always consider the price of something before we buy it so as to not waste money. Also, we always try to save up some of our money as well.
A cost that remains constant per unit at various levels of activity is a
a. variable cost.
b. mixed cost.
c. manufacturing cost.
d. fixed cost.
Answers
A cost that remains constant per unit at various levels of activity is a. variable cost. A variable cost changes in direct proportion to the level of activity, meaning it remains constant per unit even as the level of activity changes.
What do you understand by variable cost?Fixed costs, on the other hand, remain the same in total but change per unit as the level of activity changes. Mixed costs have both variable and fixed components, and manufacturing costs include all costs related to the production of a product.
An expense for the company that varies according on how much is produced or sold is called a variable cost. Depending on the a company's manufacturing or sales volume, variable costs grow or fall. They climb as production rises and reduce as production declines.
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What is it called when businesses are doing poorly and stock prices drop?
Answers
Answer:
When a stock price falls, that means the company must sell additional shares of stock to raise the same amount of proceeds
Explanation:
Question 3 of 20
Which statement describes why you should start retirement planning early?
A. Your income will increase, while your expenses will decrease.
O B. Your income will decrease, while your expenses will increase.
O C. Your income will decrease, while your expenses will stay the
same.
O D. Your income will increase, while your expenses will stay the same.
SUBMIT.
Answers
Answer:
B) Your income will decrease, while your expenses will increase
Explanation:
You should start retirement planning early, because as you grow up you may become less skilled or not be able to perform heavy work. As you get older expenses will increase for various reasons, inflation, which will make goods more expensive, forcing you to spend more and also medical bills, treatments, therapies, check-ups or preventive studies, can make you spend more in an older age.
Write down three key takeaways from the History of Credit in America segment.
Answers
The 3 key takeaways from the History of Credit in America segment includes:
Credit history is a record of your debt repayment abilities and of your responsibility for repaying it.It includes the number and types of credit accounts you have credited, the duration of your account's opening, the amount owing, the quantity of available credit, whether you pay bills on time, and the number of recent credit requests.The borrower will earn rewards for strong credit history, like cheaper rates on mortgage loans and automotive insurance.What was the beginning of History of Credit?In the United States, the History of Credit can be far-traced to the first credit card that was issued in the Diners Club card in 1950. The card was used for travel and entertainment and the balance had to be paid every month.
However, In the 1951, the first bank credit card was introduced by Franklin National Bank, based in Long Island, New York.
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when given the marginal utility of the first five units of a product, you can calculate the total utility by: question 13 options: a) adding the marginal utilities of the fourth and fifth units. b) finding the difference between the first and fifth units. c) finding the difference between the fourth and fifth units. d) adding the marginal utilities of the first five units.
Answers
The marginal utility of the first five units of a product is given, it can calculate the total utility by adding the marginal utilities of the first five units.
Marginal utility is the additional utility (satisfaction or usefulness) derived from consuming one more unit of a product, and total utility is the overall satisfaction or usefulness obtained from consuming all units of the product. By adding up the marginal utilities of each unit consumed, you can determine the total utility obtained from all five units.
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What does it mean to invest your own risk?
Answers
Publishers and printing companies are both involved with books, magazines, and newspapers. One type of company is considered part of the manufacturing section, because it produces the physical product: books, magazines, newspapers, and so on. What sector does publishing belong to, since it does not produce a tangible product (until printing transforms it into one)
Answers
The sector that the publishing belong to, since it does not produce a tangible product is called quaternary sector.
What is quaternary sector.Quaternary sector is a sector that has to do with making research or conducting research.
Based on the given information the sector that the publishing belong to will be quaternary sector reason being that before a book , magazines and newspaper is published, research has to be conducted or research has to be carried out.
Inconclusion the sector that the publishing belong to, since it does not produce a tangible product is called quaternary sector.
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The board and top managers of a nonprofit organization have considerable latitude to decide how they will spend the organization’s resources because:________
a. they are a private foundation.
b. the organization does not have shareholders.
c. they are typically small organizations.
d. they receive contributions and government grants.
d. all monies earned are pumped back into the business.
Answers
Answer:
b. the organization does not have shareholders.
Explanation:
A nonprofit organization does not have any owners, therefore, there is no one that can control, approve or disapprove the decisions made by the board and top management. How each nonprofit is organized depends on the state where it has been formed, but generally speaking, since there is no one to control, the board and managers have a lot of decision power.
How would you summarize this specific course section that you have just completed? imagine you are describing it to someone and want to encourage them to take it. business foundation
Answers
You acquire information, abilities, and experience that will benefit you in both your work and general life.
What does it mean that you as a student should be aware of the course's relevance?
All students need to comprehend why a course's material important, regardless of whether they are merely studying it to fulfill a requirement or because they find it intriguing. This influences their comprehension of how this course links to other knowledge and abilities, as well as their motivation.
What factors do you consider when choosing the best course for you?
The first step in deciding which course to take is to identify your interests and hobbies, but you also need to consider what you have to offer. You must consider whether or not your abilities and expertise are relevant to the program you want to pursue before making your decision.
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Target market for a skating rink?
Answers
Answer:
Civic organizations, school groups, and church groups are key target markets for McKenzie Roller Rink. Parties with over ten people would be considered a group. It is our intent to create a wholesome family atmosphere and so there will be an effort to encourage families to consider skating as a recreational option.
Susan is considering buying the local franchisee of Pots-R-Us. The owners would probably state this reason for selling when in actuality the other three reasons may be more likely.
Answers
Susan is considering buying the local franchise of Pot-R-Us. The owners would probably state this reason for selling when in actuality the other three reasons may be more likely i,e., a desire to locate a different part of the country. Therefore, option A is correct.
It has been established that franchisees succeed more frequently than start-up businesses. High-brand awareness and recall have been successfully attained because the franchisor has already completed a sizable amount of work. It is founded on a marketing idea that a company can use as a plan for growing its clientele. Where applicable, a franchisor grants a franchisee a license to utilize all or part of its operational methods, intellectual property, business model, brand, and rights to market and sell its branded goods and services. In exchange, the franchisee agrees to pay certain fees and adhere to specific requirements, usually outlined in a franchise agreement.
For buying the local franchise, Complete the franchise application form, available on the website of the franchising organization. If the form isn't available, one can receive it by contacting the business. Letter of Intent (LOI), which outlines the reasons for submitting a franchise application.
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Complete question:
Susan is considering buying the local franchisee of Pot-R-Us. The owners would probably have this reason for selling when in actuality the other three reasons may be more likely.
a. desire to locate a different part of the country
b. unprofitable
c. loss of an exclusive sales franchise
d. lack of growth potential
Marketers need to understand and know the answers to several key questions when dealing with buying centers. Of the following which is NOT one of those key questions? A. What evaluation criteria does each decision participant use? B. In what decisions do they exercise influence and to what degree? C. Is price a major factor or is the buying center price sensitive? D. What major influences impact the buying center decision? E. Who are the major buying center participants?
Answers
C) Marketers need to understand and know the answers to several key questions when dealing with buying centers. Of the following which is NOT one of those key questions : Is price a major factor or is the buying center price sensitive?
Businesses that purchase goods and services to manufacture things and services to sell to others are included in the business market. Retail and wholesale businesses that purchase products with the intention of profitably reselling them are also included. We combine institutional markets and government markets because B2B marketing asps apply to each of these. These things are essential knowledge for company marketers: Who are the main players? What choices are they able to influence? What is the extent of their relative influence? What standards of evaluation are applied by each decision-maker? The key interpersonal, contextual, and individual impacts on the purchasing process must also be understood by the company marketer.
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