Hair Zone manufactures a brand of hair styling gel. It is considering adding a modified version of the product-a foam that provides stronger hold. Hair Zone's variable costs and prices to wholesalers are: Current hair gel New foam product Unit selling price 2.00 2.25 Unit variable costs 85 1.25 Hair Zone expects to sell 1 million units of the new styling foam in the first year after introduction, but it expects that 60% of those sales will come from buyers who normally purchase Hair Zone's styling gel. Hair Zone estimates that it would sell 1.5 million units of the gel if it did not introduce the foam. If the fixed cost of launching the new foam will be $100,000 d the first year, should Hair Zone add the new product to its line? Why or why not?
Answers
Answer:
Should Hair Zone add the new product to its line? Why or why not?
Yes they should, since it would increase their total net income by $210,000.Explanation:
Current hair gel New foam product
Unit selling price $2.00 $2.25
Unit variable costs $0.85 $1.25
expected sales for new foam product 1,000,000 units, but 600,000 units would replace sales from current hair gel
expected sales for current hair gel if new foam is introduced 900,000 units (1,500,000 if no new product is introduced)
Alternative 1 Alternative 2 Differential
no new foam new foam income
total sales revenue $3,000,000 $4,050,000 $1,050,000
total variable costs ($1,275,000) ($2,015,000) ($740,000)
additional fixed costs $0 ($100,000) ($100,000)
total $1,725,000 $1,935,000 $210,000
Related Questions
Corporation Q, a calendar year taxpayer, has incurred the following Section 1231 net gains and losses since its formation in 2016: 2016 2017 2018 Section 1231 gains $ 14,800 $ 5,700 0 Section 1231 losses (13,000 ) (9,000 ) $ (3,100 ) Net gain or (loss) $ 1,800 $ (3,300 ) $ (3,100 ) Required: In 2019, Corporation Q sold only one asset and recognized a $4,000 Section 1231 gain. How much of this gain is treated as capital gain, and how much is ordinary
Answers
Answer: $4,000 is ordinary income. No Capital gain
Explanation:
In 2017 and 2018, total Section 1231 losses are:
= 3,300 + 3,100
= $6,400
The Section 1231 gain in 2019 falls below the combined losses from the previous years of 2017 and 2018 so will not be counted as a capital gain as those losses are not yet being recaptured.
The entire $4,000 is therefore ordinary income.
At what point will producer must leave market
at what point will a producer must leave the market
Answers
The intersection of the average variable cost curve and the marginal cost curve represents the point at which a business would run out of customers to support its variable costs.
When should companies depart from a market?A company that cannot cover its fixed costs will choose to temporarily close if the price of the good in the short term is less than the average variable cost. Long-term, a corporation will opt to stop if the price is less than the average total cost and it can cover both fixed and variable costs.
Why is it necessary to shut down?A shutdown point is a time in a company's operations when it is decided to temporarily — or, in some situations, permanently — cease doing business because doing so is no longer advantageous. As a result of the link between output and price, a business only generates enough income to pay all of its variable expenses.
Learn more about average variable cost curve: https://brainly.com/question/15685285
#SPJ9
Amber’s starting salary for her new job will be $35,500 a year. How much will she pay to the Social Security system for her first year assuming total FICA withholdings of 7.65%?
Answers
Answer:
I dont know the answer but I want whatever job she has
Which of the following is true of website content?
A. It should be refreshed periodically to keep customers coming back.
B. Once the content has been written and proofread it shouldn't be changed.
C. Grammatical errors are not a problem because the customer visits the site to purchase a product, not check the site's grammar.
D. It should be limited to text and shouldn't include multimedia.
Answers
Answer:
The Answer: A
Explanation:
Because if you are going to put up a business website you need to keep refreshing it and putting new things onto the website in order for you to have customers because if you dont have anything new in stock people arent gonna wanna keep coming back and using the same product they are going to go to a different website where there is a wider variety of things to purchase.
Hope this helps!
As an investor, what is the risk involved when investing in companies on the stock
exchange?
a. Investors can lose their existing shares if the value of the stock does not
increase within 90 days of purchase
b. Once they purchase a share, investors cannot sell them at a higher price
The price of stocks can decrease; for example, when the company
receives bad press
d. Investors are only at risk if the purchase a share when the stock price has
fallen
C.
Answers
Answer:d
Explanation:
The investor are only at risk if the purchase of a share when the stoc price has fallen
What are the portfolio weights for a portfolio that has 130 shares of Stock A that sell for $40 per share and 110 shares of Stock B that sell for $30 per share
Answers
Answer:portfolio Weight of A =0.6118; portfolio Weight of B=0.3882
Explanation:
stock A Investment = Number of shares x market value
=130 x 40 = $5200
stock B investment =Number of shares x market value
110 x 30 = $3,300
Total Investments= $5200 + $3,300 = $8,500
portfolio Weight = stock Investment / Total investment
portfolio Weight of A= 5200/ 8,500 =0.6118
portfolio Weight of B = 3,300 / 8,500 =0.3882
Jamal gets qualified for a 30,000 car loan that has a 5 year term and has an interest rate of 5.9% APR. He decides to take those loan terms to purchase the car. How much is his monthly payment?
Answers
Jamal's monthly payment for the car loan is $578.59.
Data and Calculations:
Amount of Jamal's auto loan = $30,000
Term of the auto loan = 5 years or 60 months
Interest rate payable = 5.9% APR
Monthly payment from an online financial calculator:
Monthly Pay = $578.59
Total Loan Amount = $30,000.00
Upfront Payment = $0.00
Total of 60 Loan Payments = $34,715.41
Total Loan Interest = $4,715.41
Total Cost = $34,715.41
Thus, Jamal will be making a monthly payment of $578.59.
Learn more about calculating monthly payments for auto loans at https://brainly.com/question/11866605
he following materials standards have been established for a particular product: Standard quantity per unit of output 5.0 meters Standard price $18.90 per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased 8,500 meters Actual cost of materials purchased $170,000 Actual materials used in production 8,000 meters Actual output 1,570 units What is the materials price variance for the month
Answers
Answer:
the material price variance is $9,350 unfavorable
Explanation:
The computation of the material price variance is shown below
Materials Price Variance
= (Standard price - Actual price) ×Actual quantity
= ($18.90 - $170,000 ÷ 8,500) × 8,500
= ($18.90 - $20) × 8,500
= $9,350 Unfavorable
hence, the material price variance is $9,350 unfavorable
Explain the technique to make change in counter transactions correctly.
Answers
Answer:
The correct ways to prepare a customer's change over the counter are:
Explanation:
1. In the cash drawer, store each denomination together in a section
2. As you receive cash, straighten them out and arrange them uniformly. Let every bill be faced in the same direction.
3. Deduct the total price of goods bought from the total amount handed to you by the customer.
4. The result from the above calculation is the customer's change.
5. Peek into the cash drawer and neatly pick out the notes or bills that make up this amount.
6. Carefully replace the shifted bills or coins in the drawer.
7. Place your hands on the desk or in sight of the customer and count the change for them to see.
8. Hand it over to the customer!
Which option identifies the law represented in the following scenario?
Bauer comes out with a new hockey skate, and last year’s model sits on the shelves. The local hockey shop places last year’s model on sale for half price.
law of demand
law of diminishing marginal utility
law of supply and demand
law of supply
Answers
Answer:
A. law of demand
Explanation:
A promissory note can best be described as __________., a. an interest-bearing IOU, b. a guarantee of a line of credit, c. a commitment to lend money to someone, d. a government-backed bond
Answers
A promissory note can best be described as: a. an interest-bearing IOU.
What is promissory note?Promissory note can be defined as a written note that help to shows that a person who lend a money from another person promise to payback. The note contains a promise by the borrower to pay back the lender within a stipulated period of time.
A promissory note can tend to be described as IOU which full meaning is I OWE YOU which implies that a borrower is telling the lender that he/she owe the lender some certain amount of money which the borrower will have to payback.
A promissory note also contains the terms and conditions of the agreement and this terms and agreement includes the following :
The principal amountThe loan maturity dateThe interest etcTherefore we can conclude that the correct option is A.
Learn more about promissory note here:https://brainly.com/question/27132271
#SPJ1
Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?
Answers
The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.
It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.
As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.
For more such answers on Economic demand
https://brainly.com/question/30703626
#SPJ8
A specific dollar amount a plan will pay toward the cost of dental care over a speck period of time is a;
A- Deductible
B- Maximum
C- scheduled of benefits
D- pretermination
Answers
Answer: c
Explanation:
when faced with a difficult situation, Kate follows a ----------- approach towad problem resolution
Answers
When faced with a difficult situation, Kate follows a competing approach towad problem resolution.
What is an example of competing approach?Example of the competing style in practice
One crew member consistently ignores safety protocol, skirting steps that should threat his life. The supervisor reprimands him in the front of every person and dismisses him. He is behaving in such a way that should lead to an accident.
A competing fashion is an strive to gain power. A recognizable tactic is the use of stress to trade opinions at another person's expense. Pros: A competing fashion can be nice during positive hard situations, like in a crisis, when decisions need to be made immediately.
Learn more about competing approach here:
https://brainly.com/question/30022098#SPJ1A publication's final deadline for supplying printing material for an advertisement is a ________________?
A. on sale date
B. Cover date
c. Closing date
D.Birth date
Answers
Answer:
c. Closing date
Explanation:
No advertisement is accepted for the next edition after the Closing Date. For an ad to run after this date, the publisher has to issue written permission. Cancellations are also not accepted after this date. Unless otherwise agreed, clients are expected to make full payments for the ad by the end of the closing date.
The on-sale date is the day the issue is expected at the newsstand for customers to buy.
2) A soft drinks manufacturer sells each can for 50p. The variable costs per can are 10p. Fixed costs per year are £4 million. How much profit will be made if the business sells 15 million cans?
A- £2 million
B- £3 million
C- £6 million
D- £3.5 million
Answers
Answer:
Profit on 15,000,000 cans = £2 million
Explanation:
Given:
Sales price per can = £0.5
Variable cost per can = £0.1
Fixed costs per year = £4,000,000
Find:
Profit on 15,000,000 cans
Computation:
Profit on 15,000,000 cans = (Sales price per can)(15,000,000) - Fixed costs per year - (Variable cost per can)(15,000,000)
Profit on 15,000,000 cans = (£0.50)(15,000,000) - £4,000,000 - (£0.10)(15,000,000)
Profit on 15,000,000 cans = £7,500,000 - £4,000,000 - £1,500,000)
Profit on 15,000,000 cans = £2,000,000
Profit on 15,000,000 cans = £2 million
Step 1:
Prepare journal entries to record the December transactions in the General Journal Tab in the excel template file "Accounting Cycle Excel
Template.xlsx". Use the following accounts as appropriate:
1-Dec
1-Dec
1-Dec
Cash
Accounts Receivable
Supplies
Prepaid Insurance
Equipment
22-Dec
23-Dec
25-Dec
Land
Accumulated Depreciation
Accounts Payable
Deferred Revenue
Salaries Payable
Issue common stock in exchange for cash of $7,500.
Paid the premium in advance on a one-year insurance policy. $840.
Purchased Equipment for $3,600 cash.
5-Dec
Purchased office supplies from XYZ Company on account, $600.
15-Dec
Provided services to customers for $6,000 cash.
16-Dec
Provided services to customer ABC Inc. on account, $3,400.
17-Dec Received $1,100 cash in advance from a customer for services to be provided in January.
Paid $220 to XYZ company for the Dec 5 purchase on account.
Received $1,800 cash from customer ABC Inc., on account.
Paid the rent for the current month, $650.
Notes Payable
Common Stock
Retained Earnings
Dividends
Service Revenue
k Save and Submit to save and submit. Click Save All Answers to save all answers.
Depreciation Expense
Salaries Expense
Supplies Expense
Rent Expense
Insurance Expense
Answers
Journal Entries to record the December transactions in the General Journal Tab in the excel template file are given below:
What is transactions ?A transaction is an agreement, communication, or movement between two or more parties that is intended to transfer valued items from one party to another. Transactions can take place in a variety of ways, including online, through a retail store, or via a financial institution. Transactions often involve the exchange of money or goods, but they can also involve services or information. Transactions can be completed in person, over the phone, or even electronically. In the majority of cases, a transaction requires two or more parties and the exchange of something of value. Transactions are often recorded for accounting and taxation purposes, as well as for the purposes of providing a record of the exchange for both parties.
1-Dec
Debit Cash 7,500.00
Credit Common Stock 7,500.00
1-Dec
Debit Prepaid Insurance 840.00
Credit Cash 840.00
1-Dec
Debit Equipment 3,600.00
Credit Cash 3,600.00
5-Dec
Debit Accounts Receivable 600.00
Credit Supplies 600.00
15-Dec
Debit Cash 6,000.00
Credit Service Revenue 6,000.00
16-Dec
Debit Accounts Receivable 3,400.00
Credit Service Revenue 3,400.00
17-Dec
Debit Deferred Revenue 1,100.00
Credit Cash 1,100.00
22-Dec
Debit Accounts Payable 220.00
Credit Cash 220.00
23-Dec
Debit Cash 1,800.00
Credit Accounts Receivable 1,800.00
25-Dec
Debit Land 7,800.00
Credit Cash 7,800.00
25-Dec
Debit Retained Earnings 7,800.00
Credit Common Stock 7,800.00
25-Dec
Debit Notes Payable 7,800.00
Credit Cash 7,800.00
To learn more about transactions
https://brainly.com/question/30023427
#SPJ1
Chang Industries has 2,800 defective units of product that have already cost $14.80 each to produce. A salvage company will purchase the defective units as they are for $5.80 each. Chang's production manager reports that the defects can be corrected for $5.20 per unit, enabling them to be sold at their regular market price of $22.60. The incremental income or loss on reworking the units is:
Answers
Answer:
If the units are rework, income will increase by $32,480 (48,720 - 16,240).
Explanation:
Giving the following information:
The previous cost will not be taken into account, because it is constant for both options.
Number of units= 2,800
Sell as-is:
Selling price= $5.8
Re-work:
Unitary cost= $5.2
Selling price= $22.6
We need to calculate the effect on the income of both options:
Sell as-is:
Effect on income= 2,800*5.8= $16,240 increase
Re-work:
Effect on income= 2,800*(22.6 - 5,2)
Effect on income= $48,720 increase
If the units are rework, income will increase by $32,480 (48,720 - 16,240).
Like 4 avengers Endgame!!
Answers
Answer:
kkk(k(kkkkkkkkkkkkkkk
Answer:
yessssssssssss
According to the video, what strategy do many banks use with their employees?
They transfer workers to new locations
They hire from other banks
They promote from within
They maintain the current staff
Answers
Answer: C
Explanation:
I just took the test
Answer:
The answer is c
Explanation:
What is marketing-information management (MIM)?
Answers
Answer:
Explanation:
Marketing Information Management (MIM) The process and methods used to gather information, analyze it, and report findings related to marketing goods and services.
Answer:
mm
Explanation:
Kaspar Industries expects credit sales for January, February, and March to be $203,400, $267,600, and $317,300, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month.
Answers
Answer:
January = $152,550
February = $251,550
March = $304,875
Explanation:
To Compute cash collections from customers follow the given collection history closely :
Month`s receipts = Cash Collected in Month of Sale (75%) + Cash Collected in Month After Sale
Cash Collection Schedule
Month January February March
In Month of Sales $152,550 $200,700 $237,975
Month After Sale $0 $50,850 $66,900
Total $152,550 $251,550 $304,875
Beverly Mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accom-modate a variety of driving patterns. All the leases are for 3 years and require no money at the time of signing the lease. The first option has a monthly cost of $330, a total mileage allowance of 36,000 miles (an average of 12,000 miles per year), and a cost of $0.35 per mile for any miles over 36,000. The following table summarizes each of the three lease
options:
(See photos below)
Answers
Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.
Beverly Mills decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accommodate a variety of driving patterns.All the leases are for 3 years and require no money at the time of signing the lease.
The three lease options available to Beverly Mills are as follows:
Option 1:Monthly cost: $330Total mileage allowance: 36,000 miles (an average of 12,000 miles per year)Cost for any miles over 36,000: $0.35 per mile
Option 2:Monthly cost: $460Total mileage allowance: 45,000 miles (an average of 15,000 miles per year)Cost for any miles over 45,000: $0.45 per mile
Option 3:Monthly cost: $540Total mileage allowance: 60,000 miles (an average of 20,000 miles per year)Cost for any miles over 60,000: $0.55 per mile
Therefore, Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.
For more such questions on allowance
https://brainly.com/question/14191260
#SPJ8
Give us an example of a marketing brief you admired for a recent marketing project or program? Elaboratively discuss importance of 4 P's in the same
Answers
Product, pricing, place, and promotion make up the four Ps. They serve as an illustration of a "marketing mix," or the collection of tools and techniques utilized by marketers to accomplish their marketing goals.
A website is an illustration of a marketing project. The website could be a component of a marketing effort that conveys a consistent message for a new product launch. A press release, a social media post, and an email could all be additional campaign projects.
The marketing mix, which includes the four Ps of marketing (product, pricing, place, and promotion), is frequently used. These are the main factors that go into creating and promoting a good or service, and they interact heavily.
To learn more about Product, click here.
https://brainly.com/question/31859289
#SPJ1
FILL IN THE BLANK a recent report by the organization for economic cooperation and development (oecd) found that the united states outspends every other country in health-care costs and has the highest rate of _________ among all 34 oecd countries.
Answers
A recent report for economic cooperation and development found that the united states outspends every other country in health-care costs and has the highest rate of obesity among all 34 oecd countries.
What is an OECD report?The OECD is in charge of disseminating economic studies, statistical databases, assessments, and projections regarding the trajectory of economic growth around the world. The group examines how social concerns affect economic growth and offers suggestions to support economic growth around the world.
What is the Organization for Economic Cooperation and Development's objectives?The OECD's primary goals are to strengthen the world economy and advance international trade. It offers a platform for international governments to collaborate and discover answers to issues that they share.
To know more about OECD, visit:
brainly.com/question/12994872
#SPJ4
Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.40 per card, and the cost of printing is $0.10 per card. The company receives $3.75 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Their customers are from the four areas: Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 2,300 and standard deviation 200. (Assume these four are independent.)
What is the optimal production quantity for the card?
Answers
Answer:
≈ 9644 quantity of card
Explanation:
given data:
n = 4 regions/areas
mean demand = 2300
standard deviation = 200
cost of card (c) = $0.5
selling price (p) = $3.75
salvage value of card ( v ) = $ 0
The optimal production quantity for the card can be calculated using this formula below
= u + z (0.8667 ) * б
= 9200 + 1.110926 * 400
≈ 9644 quantity of card
First we have to find u
u = n * mean demand
= 4 * 2300 = 9200
next we find the value of Z
Z = ( \(\frac{p-c}{p-v}\) )
= ( 3.75 - 0.5 ) / 3.75 = 0.8667
Z( 0.8667 ) = 1.110926 ( using excel formula : NORMSINV (0.8667 )
next we find б
б = 200\(\sqrt{n}\) = 400
______ resources are organizational assets that are difficult to identify and account for and are typically embedded in unique routines and practices.
Answers
Tacit resources are organizational assets that are difficult to identify and account for and are typically embedded in unique routines and practices.
Tacit resources are intangible assets that are inherent to an organization and are based on the knowledge, skills, and experience of its employees. These resources are not easily transferable to other organizations, as they are often embedded in the day-to-day operations and culture of the organization. Examples of tacit resources include organizational routines, processes, and relationships, as well as the knowledge and expertise of individual employees. Tacit resources can provide organizations with a significant competitive advantage, as they are unique to each organization and can be difficult to imitate. They play a critical role in innovation, problem-solving, and the development of new products and services. However, despite their importance, tacit resources can be difficult to measure and manage.
learn more about organization here
https://brainly.com/question/14751622
#SPJ4
Karrie would like to draw attention to some short statements in her document.
What is the best way to draw the readers deeper into the text?
insert pull quotes
change the text color
use a large font
highlight the text
THE CORRECT ANSWER IS A: INSERT PULL QUOTES
Answers
Karrie wants to call attention to a few brief assertions in her document. The best way to draw the readers deeper into the text is by inserting pull quotes. Hence, Option A is correct.
What are pull quotes?Pull quotes are composed of text that is taken from the original text, reproduced, and presented as a visually arresting feature on the page.
Pull quotes are condensed passages from the text that is being read. They are employed to interrupt the reader's flow and give a text passage a more prominent place in the post or article.
Therefore, Option A is correct.
Learn more about pull quotes from here:
https://brainly.com/question/26914343
#SPJ1
Prior to labor unions, both the employer and employee had the legal right to terminate an employment
agreement for any reason. This is known as (1 point)
O a closed shop.
O employment at will.
O an open shop.
O collective bargaining.
Answers
The correct term for the situation proposed in the question is employment at will. The other options describe agreements that have arisen since the creation of the labor unions.
Before the times of the labor unions, both the employer and the employee reserved the right of employment at will, meaning either one could terminate the agreement at any time and for any reason.
The first option, a closed shop, described an agreement made between the hiring party and the labor unions in which the hiring party agrees to only hire members of the union, while an open shop is just the opposite.
Collective bargaining, on the other hand, is the long process in which the workers of an institution work through their labor unions in order to negotiate contracts and the terms of employment, which include income and benefits.
Therefore the only option that existed prior to the development of labor unions is employment at will, which allowed the termination of a contract at any time for any reason.
To learn more visit:
https://brainly.com/question/518131?referrer=searchResults
Which of the following describes a key difference between arbitration and mediation?
The arbitrator has the power to render a binding decision.
Prior to labor unions, both the employer and employee had the legal right to terminate an employment agreement for any reason. This is known as
employment at will.
Which of the following is an example of an industrial union?
a union composed of movie-making professionals
What is personal liberty?
Personal liberty refers to an individual's ability to enact his or her will on the world around him or her.
Is the following statement correct? If it is not correct, fix the sentence so that it is correct.
A laissez-faire economic system is one in which government intervention is minimal and productive decisions are arrived at through the self-interested behavior of competing firms.
The statement is correct.
An important feature of a job order cost system is that each job:_______.
a. must be similar to previous jobs completed .
b. must be completed before a new job is accepted.
c. consists of one unit of output
d. has its own distinguishing characteristics .
Answers
Answer:
D
Explanation:
it has it's own distinguishing characteristics ....Form used to record the cost chargeable to a specific job and to determine the total and unit cost of the completed job