The targeted selling price for a one-time order of 1000 units of a product similar to the one offered to regular customers is $115.20 per unit.
To determine the targeted selling price, we need to consider the total manufacturing costs and apply the desired markup. From the given data, the total manufacturing costs per unit are not explicitly provided. However, we can calculate it by summing up the direct materials, direct labor, and variable manufacturing support.
The options provided in the question do not directly mention the total manufacturing costs per unit. Therefore, we need to calculate the total manufacturing costs per unit using the given per unit data for sales to regular customers.
Let's assume the total manufacturing costs per unit for sales to regular customers are X. Then, the markup (60%) is applied to X to determine the targeted selling price. From the options provided, the selling price that matches this calculation is $115.20 (option g).
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Interest earned on a savings account is _____.
Explanation:
Interest earned on a savings account is everfi
Using the rule of 72, how many years will it take to double $5,000 earning 4 percent interest?.
According to the method, you just divide the interest rate by 72 to determine how many years it will take to double your money at a specific interest rate.
So years will it take to double =72/4 =18 year
answer is 18 year.
Why do we use the term "interest"?When you borrow money, you must pay interest, and when you lend money, you must charge interest. The most common way to represent interest is as a percentage of a loan's total amount per year. The loan's interest rate is denoted by this proportion. In the fields of finance and economics, interest is defined as the payment of a sum over and above the return of the original sum, made at a set rate, by a borrower or deposit-taking financial institution to a lender or depositor. It differs from a fee the borrower might pay the lender or another entity.
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In your budgeting process, when should you look at recurring expenses?
after considering entertainment expenses
after your wants but before your needs
before looking at your needs
before reviewing your wants
Answer:
before reviewing your wants
Explanation:
Once the needs are accounted for, it is time to check those recurring expenses that are not considered essential, like home deliveries, internet purchases, and so on, and this check needs to be made before rewiewing your wants, which is the least essential expense category, and thus, the one that can be forgone in case your budget is not enough for it.
The balance on a credit card, that charges a 15.5% APR interest rate, over a 1 month period is given in the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
answer is $3.34
If the balance on a credit card, that charges a 15.5% APR interest rate. finance charge on the average daily balance for this credit card over the 1 month period is $3.36.
How to finance charge?To calculate the finance charge for the credit card over the 1 month period, we need to calculate the average daily balance and then apply the interest rate. Here are the steps to follow:
Step 1: Calculate the number of days in each period.
Days 1-5 = 5
Days 6-20 = 15
Days 21-30 = 10
Step 2: Calculate the average daily balance for each period.
Average daily balance for days 1-5 = $200
Average daily balance for days 6-20 = ($200 x 5 + $350 x 15) / 20 = $305
Average daily balance for days 21-30 = ($200 x 5 + $350 x 15 - $150 x 10) / 30 = $225
Step 3: Calculate the weighted average daily balance for the entire month.
Weighted average daily balance = (average daily balance for days 1-5 x 5) + (average daily balance for days 6-20 x 15) + (average daily balance for days 21-30 x 10) / 30
Weighted average daily balance = ($200 x 5 + $305 x 15 + $225 x 10) / 30 = $263.33
Step 4: Calculate the finance charge for the month.
Finance charge = weighted average daily balance x daily periodic interest rate x number of days in the billing cycle
Daily periodic interest rate = APR / 365 = 15.5% / 365 = 0.0004247
Finance charge = $263.33 x 0.0004247 x 30 = $3.36
Therefore, the finance charge on the average daily balance for this credit card over the 1 month period is $3.36.
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In evaluating whether potential entry is a strong or weak competitive force, it is important for managers to consider:
Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
which of the following countries promotes a high level of ethnocentrism through an emphasis on the individual or self?
a. india b. china c. united states d. mexico
United States of America is a country which promotes a high level of ethnocentrism through an emphasis on the individual or self.
About ethnocentrismThe definition of Ethnocentrism is an assessment of other cultures on the basis of social values and own cultural standards. Ethnocentric people judge other groups relative to their own group or culture, especially when it comes to language, behavior, customs, and religion. These ethnic differences and divisions define the distinctive cultural identity of each ethnic group. Ethnocentrism may be visible or invisible, and although it is considered a natural tendency of human psychology, it has negative connotations in society.
Ethnocentrism is a practice of looking at or judging other people's culture based on one's own values or beliefs. This term comes from the Greek "ethnos", which means nation, and "kentron", which means center. Therefore, ethnocentrism involves the nation to become a center. Ethnocentrism focuses on the behavior of applying one's own culture or ethnicity as a reference for assessing people's culture, practices, behavior, beliefs. In the social sciences, ethnocentrism judges other cultures based on one's own cultural standards, not the standards of another particular culture.
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What are the total expenses for Forks Gym for the month of March?
$500
$3500
$2000
$1000
Answer:
7,000 is the answer
Explanation:
Explain the concept of an opportunity cost with an appropriate example
Answer:
Explanation:
Opportunity cost is an economics tool that is useful in the process of making a choice of goods and services in order to ensure that scarce resources are used efficiently.
The opportunity cost of a product or service is the name given to an income that could be earned when such product or service is put to an alternative use.
It can also be described as the cost of the alternative forgone to achieve a particular product or service
For an example , if a student decides to give up on watching a movie to study for his exam , the opportunity cost of the exam is the cost and pleasure related to the movie
why all choices are economic choices?
Answer:
All choices are economic choices because with every choice we make, we are (sometimes subconsciously) analyzing the costs and benefits of our options. Our choices are guided by self-interest and every choice we make involves some kind of cost, whether it be time or money or something else.
what is a highly coordinated activity that delivers goods and/or services when they are needed? multiple choice just-in-time production quality management lean operation heijunka takt time
Just-in-time production is a highly coordinated activity that delivers goods or services when they are needed.
Just-in-time management is a philosophy, not a method. If the "customer" is the eventual consumer of the product or a process further along the production line, the term originally referred to the manufacturing of goods to precisely fulfill customer demand in time, quality, and quantity.
By minimising the time and resources needed for production operations, JIT increases productivity. More rapid product production is possible thanks to manufacturers.
This simplified strategy can save costs and boost productivity while things are going as usual, but it is vulnerable to changes in supply and demand. JIT production can make manufacturers unable to meet demand when global supply networks are interrupted for a variety of reasons, deepening an economic downturn.
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which term is used when businesses do not maximise output from given inputs ?
Answer:
What Is Efficiency? Efficiency signifies a peak level of performance that uses the least amount of inputs to achieve the highest amount of output.
when a person intentionally deceives another person or company for personal gain, this is referred to as
21. What are employee incentive plans and what do they offer?
Employees that create more are encouraged to do so and are rewarded accordingly under the incentive plan. The phrase "Pay for Performance" describes remuneration choices such merit pay, commission, individual incentive, group incentive, and gain-sharing plans.
What exactly are employee incentive programs?A company may decide to adopt an employee incentive program to encourage staff productivity. Employee incentives are a system that recognizes and rewards effort and success in the workplace by providing employees with the chance to receive prizes or recognition.
Why do workers appreciate incentive plans?Businesses may boost productivity, lower attrition, and reduce production costs by implementing reward programs for their staff. It raises morale, motivates staff, and fosters collaboration by increasing employee involvement. The incentive programs benefited the labor as much as the businesses.
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give short introduction about tourism industry
Answer:
Tourism industry is the industry that manages all the resources related to the tourism like hotel management, guides and many more. Tourism industry is very beneficial for the developing countries like Nepal, India and many more. Through it there will be economic development in the country. And from the economical development the citizens of the country can get facilities.
Answer:
Explanation: Tourism is the activities of people traveling to and staying in places outside their usual environment for leisure, business or other purposes for not more than one consecutive year.1.Domestic Tourism -Domestic tourism is the act of travelling for business or leisure within one’s home country2.International tourism-International tourisminvolves tourist who are traveling to different countries.
even as economic growth continued, episodes of credit and market instability, most critically the great depression, led to calls for the creation of a stronger financial regulatory system
Even as economic growth continued, episodes of credit and market instability, most critically the Great Depression, led to calls for the creation of a stronger financial regulatory system.
During the Great Depression, the global economy experienced a severe economic downturn characterized by widespread unemployment, bank failures, and a sharp decline in industrial production. This crisis exposed significant weaknesses in the financial system, including inadequate regulatory oversight and risk management practices. As a result, there was a growing recognition that a stronger financial regulatory system was needed to prevent future crises and safeguard the stability of the economy.
Calls for financial regulation focused on implementing measures to enhance the supervision and regulation of financial institutions, promote transparency and disclosure, and mitigate systemic risks. The creation of regulatory bodies such as the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) in the United States, along with similar agencies in other countries, marked important steps toward establishing a more robust regulatory framework.
The objective was to prevent excessive speculation, ensure the soundness of financial institutions, and protect the interests of investors and consumers. By implementing stricter regulations and oversight, policymakers aimed to foster greater stability and restore confidence in the financial system.
The lessons learned from the Great Depression and subsequent financial crises have had a lasting impact on the development of financial regulation. Efforts to strengthen the regulatory framework continue to evolve, with a focus on addressing emerging risks and promoting financial stability in an ever-changing global economy.
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hat opportunity is most likely to be created when proprietary or contractual advantage is the root of change?
The most likely opportunity that will be created when proprietary or contractual advantage is the root of change is market advantage.
Market advantage is the benefit that a company has over its competitors due to its ability to bring a product to market at a lower cost, with higher quality, or with unique features.
It is derived from a combination of factors such as branding, distribution, economies of scale, intellectual property, and customer relationships.
The following are some of the other opportunities that are likely to be created when proprietary or contractual advantage is the root of change:
Strategic advantage: The ability to exploit a gap in the market that competitors can't easily replicate.
Customer advantage: The ability to provide customers with unique or superior products or services at a reasonable cost.
Growth advantage: The ability to leverage existing infrastructure, resources, and capabilities to create new products or services.
Market advantage: The ability to capitalize on a particular market segment or niche, or to enter a new market with a superior product or service.
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Last year, Sams swimming pool cleaning had a gross profit of $105,355 and net income of $72,010. Calculate sams operating expenses for last year.
A.3,335
B.33,345
C.17,734
D.177,345
The operating expenses for the last year in the books of Sam's is $33,345. Option B is correct.
What is the operating expense?The costs of running business are known as operating expense, commonly referred to as selling, general, and administrative expenses (SG&A). Rent and utilities, sales and accountancy, marketing and advertising, and management and administrative wages are among them.
The cost of creating or delivering non-consumable pieces for the product or system is its counterpart, a capital expenditure.
Costs that aren't primarily connected to ongoing business activities are referred to as non-operating expenses. Interest on debt, restructuring charges, inventory write-offs, and payments to settle litigation are a few examples of non-operating expenditures.
Computation of Operating expense:
Operating expense = Gross Profit – Net Profit.
Operating expense = $105,355 – $72,010
Operating expense = $33,345.
Therefore, option B is correct.
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Why do prices of holidays increase during school holidays?
The ________ curve has a positive slope because as prices of final goods and services rise, prices of inputs rise more slowly.
Answer:
the supply curve
Explanation:
short run aggregate supply curve bc the prices of final goods and services increases, the input prices increases more slowly
what are the advantages and disadvantages of common stocks
Advantages:
You can invest in companies with limited liability. Common stocks offer a higher earning potential. You can easily purchase common stock on virtually any trading platform. Common stocks can provide dividends. You’ll get to take advantage of a growing economy.Disadvantages:
You are the last person to get paid during a company liquidation. You don’t have much control over your investment. Companies are not required to pay dividends on common stocks. It can take time to generate significant gains. You will face high levels of professional competition when investing in common stocks.Hopes this helps :)
what are some common tasks performed by Psychiatrists? (Select four options)
A administering first aid and life support care
B collaborating with other medical professionals
C maintaining patient information and records
D developing diagnostic imaging techniques
E prescribing, directing, or administering psychotherapeutic treatments or medications
F analyzing and evaluating patient data or test findings
Answer:
B, E and F and explanation I share you other thought about it
Explanation:
Psychiatrists are medical doctors who specialize in the treatment of mental health conditions. Some common tasks performed by psychiatrists include:
Conducting initial evaluations and assessments to diagnose mental health conditionsPrescribing and managing medications to treat mental health conditionsProviding individual, family, or group therapy to help patients manage their mental healthDeveloping and implementing treatment plans for patientsCollaborating with other healthcare providers to coordinate care for patientsProviding crisis intervention and support to patients experiencing mental health emergenciesConducting research to advance the field of psychiatry and improve treatment options for patients.Doritos parent company uses a lot of corn to make the chips. There is a drought in the Midwest, the heart of the Corn Belt and the expectations are that corn prices will rise throughout the remainder
Due to the drought in the Midwest, the prices of corn used to make Doritos will likely rise. Doritos parent company uses a lot of corn to make the chips. The Corn Belt, which is at the heart of the Midwest, is experiencing a drought, causing corn prices to rise. As a result, Doritos, and other corn-based products, will be more expensive to produce.
Doritos is a snack food that is made with cornmeal. Since corn is the main ingredient in the production of Doritos, any changes in the corn prices would have an impact on the final price of Doritos.
The Midwest is known as the Corn Belt and is responsible for more than 70% of the world's corn production. Due to the drought in the Midwest, the corn production has been affected, causing a rise in corn prices. When the corn prices rise, it becomes more expensive to make corn-based products. Therefore, the parent company of Doritos would have to spend more money on the production of Doritos. Consequently, the cost of production will increase and will be passed down to the consumer in the form of higher prices.
In conclusion, Doritos parent company uses a lot of corn to make the chips. With the drought in the Midwest, the heart of the Corn Belt, corn prices are expected to rise throughout the remainder. Hence, it can be concluded that the prices of Doritos would increase due to the increase in the prices of the main ingredient.
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Lenders who make FHA loans must be approved by:
Answer:
FHA loans are loans from private lenders that are regulated and insured by the Federal Housing Administration (FHA), a government agency.
Explanation:
The FHA doesn't lend the money directly–private lenders do.
Part 1:
What’s the breakeven point in units—how many dogs will you need to groom in the first year to break even?
If you and your two employees groomed dogs five days a week, seven hours a day, fifty weeks a year, how many dogs would each of you need to groom each day? Is this realistic given that it takes one hour to groom a dog?
Part 2:
If you raised your grooming fee to $38, how many dogs would you need to groom to break even?
At this new price, how many dogs will each of you have to groom each day (assuming, again, that the three of you groom dogs fifty weeks a year, five days a week, seven hours a day)?
Part 3:
Would you start this business?
What price would you charge to groom a dog?
How could you lower the breakeven point and make the business more profitable?
Part 1:
To calculate the breakeven point in units, we need to determine the total fixed costs and variable costs. Assuming that the fixed costs for running the business are $40,000 per year, and the variable costs per dog groomed are $20, the breakeven point can be calculated as:
Breakeven Point = Fixed Costs / (Revenue per Unit - Variable Costs per Unit)
Breakeven Point = $40,000 / ($50 - $20)
Breakeven Point = 1,600 dogs
Therefore, you will need to groom 1,600 dogs in the first year to break even.
If you and your two employees groom dogs five days a week, seven hours a day, fifty weeks a year, you will have a total of 1,050 hours of grooming time per year. Assuming that it takes one hour to groom a dog, each of you would need to groom approximately one dog per hour. This is a realistic target to achieve.
Part 2:
If you raised your grooming fee to $38, the new revenue per unit would be $38, and the breakeven point can be recalculated as:
Breakeven Point = Fixed Costs / (Revenue per Unit - Variable Costs per Unit)
Breakeven Point = $40,000 / ($38 - $20)
Breakeven Point = 2,000 dogs
Therefore, you will need to groom 2,000 dogs in the first year at the new price of $38 to break even.
Assuming that the three of you groom dogs fifty weeks a year, five days a week, seven hours a day, each of you would need to groom approximately 1.9 dogs per hour at the new price of $38 to break even.
Part 3:
Whether or not to start this business depends on various factors, such as your passion for dogs, your experience in grooming, the demand for dog grooming services in your area, and the competition.
The price you charge to groom a dog will depend on the market demand, the cost of running the business, and the profit margin you want to achieve. To make the business more profitable and lower the breakeven point, you could consider the following strategies:
1. Increase your marketing efforts to attract more customers.
2. Offer additional services, such as dog walking or pet sitting, to increase revenue.
3. Negotiate better deals with suppliers to lower your variable costs.
4. Improve your operational efficiency by streamlining your grooming process and reducing wastage.
5. Train your employees to improve their grooming skills and productivity.
Overall, starting a dog grooming business can be a rewarding and profitable venture if done right.
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Scora Incorporated sells a single product for $50 per unit. Budgeted sales units for the next three months follow.
January February March
Budgeted sales units 1,000 2,200 1,500
Required:
Prepare a sales budget for the months of January, February, and March
The preparation of the sales budget for the three months for Scora Incorporated is as follows:
Scora Incorporated
Sales BudgetFor the next three months
January February March
Budgeted sales units 1,000 2,200 1,500
Selling price per unit $50 $50 $50
Sales revenue $50,000 $110,000 $75,000
What is a sales budget?A sales budget is an estimate of a company's total revenue in a specific period.
To prepare the sales budget, one must estimate the:
Units of products to be soldSelling price per unit.A sales budget helps management to predict and analyze the company's sales performance.
Data and Calculations:January February March
Budgeted sales units 1,000 2,200 1,500
Selling price per unit $50 $50 $50
Sales revenue $50,000 $110,000 $75,000 ($50 x 1,500)
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Distinguish among corporate, business, and functional strategies. how does each strategy relate to hrm? why?
Corporate, business, and functional strategies are the three levels of strategic management that run across the organization and somehow, relate to Human Resource Management (HRM).
Corporate Strategy: It involves top-level management and represents the big-picture goal of an organization.
How: HRM takes a key role in shaping the corporate strategy of the organization and also ensures that the organization as a whole is working together to reach its goals.Why: The role of HRM directly contributes to the future success of the organization as HRM ensures that all actions are planned and integrated with the corporate strategy.
Business Strategy: It defines competitive advantages for each business department by delivering goods and values to customers based on the current market trend.
How: HRM analyzes the current market trends and aligns the organization working with those trends as well as provides the required resources.Why: HRM gives the organization an edge to compete by maximizing productivity and introducing products and services to the market before the competitors.
Functional Strategy: It is a detailed working plan for achieving the organization’s goals within each business department.
How: HRM aligns goals from the top of the organization all the way down to the individual employees for increasing performance. Why: When employees with required skills are recruited it affects business in positive ways since human is the most valuable resource.You can learn more about company strategy at
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HELPPPP!!!! WILLL GIVE BRAINLEST!!!
It allows you to rent a car while yours is being repaired. a. auto replacement c. personal damage liability b. comprehensive physical damage d. rental reimbursement
Answer:
I'm pretty sure the answer is d
Explanation:
Alternatively, you may pay out-of-pocket for your rental then seek reimbursement from the other insurance company once it completes its investigation.
Answer:
D
Explanation:
Florence deposited ₱ 14,800 in a bank that gives 4.35% simple interest. after 2years 4months, she went back to the bank to check her balance. how much was available in her account?
Answer:
₱ 16,300.054
Explanation:
The formula for calculating simple interest is as below.
I= p x r x t
In this case, p= 14,800, r = 4.35% and t is 2 years and 4 months
the interest rate is in years; we need to convert two years and four months to years.
=4 months = 4/12 of one year = 0.33
2 years 4 months = 2.33 year
I= 14,800 x 4.35/100 x 2.33
I= 14,800 x 0.0435 x 2.33
I=1,500.054
the amount in the bank will be principal plus interest
=14,800 + 1500
=16,300.054
QUESTION 3 / 10 What is the first step you should take when you want to open a savings account? A. Review the different savings account options that your bank offers. B. Make your initial deposit. C. Go to the bank and fill out an application. D. Present your photo ID to the bank representative.
Answer:
A. Review the different savings account options that your bank offers.