a. If Mason accepts the special order for 910 units at a price of $240, the effect on the company's short-term profit can be calculated as follows:
Total revenue from the special order = 910 units * $240 = $218,400
Total variable costs = 910 units * ($60 + $65) = $119,150
Total contribution margin = Total revenue - Total variable costs = $218,400 - $119,150 = $99,250
Therefore, accepting the special order would increase the company's short-term profit by $99,250.
b. If Mason accepts and fills the entire special order of 910 units, the effect on the company's short-term profit remains the same as calculated in part a: an increase of $99,250.
c. To determine the average price Mason should charge in order to achieve an incremental profit of $21,100, the contribution margin per unit needs to be calculated:
Contribution margin per unit = Selling price per unit - Variable cost per unit
Contribution margin per unit = $311 - ($60 + $65) = $186
Number of units required to achieve $21,100 incremental profit = $21,100 / $186 = 113.44 units
To cover the incremental profit, Mason would need to sell approximately 114 units. Therefore, the average price Mason should charge is:
Average Price = Total revenue required / Number of units
Average Price = ($21,100 + ($60 + $65) * 114) / 114 ≈ $366.89 (rounded to 2 decimal places)
So, Mason should charge an average price of approximately $366.89 to make a $21,100 incremental profit.
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Bitcoin is worth it?
flora Quinton is buying a new air compressor for her auto repair shop. it sells for $1,299. She makes a down payment of $199 and finances the remainder. How much does she finance?
Answer:
$1,100
Explanation:
flora Quinton is buying a new air compressor for her auto repair shop. it sells for $1,299. She makes a down payment of $199 and finances the remainder. How much does she finance?
1,299 - 199 = 1,100
your roommate accepts an amazing job opportunity in a different country, which means they need to sell many of their larger belongings before leaving. you buy their $200 coffee maker for $50. question in keeping with marxist theory, which type of value is best represented in this scenario?
In keeping with Marxist theory, the type of value that is best represented in this scenario is "use value." Use value is the usefulness or utility of an object or good. It is determined by how much the object or good is desired or needed by individuals or society.
In this case, the coffee maker has a use value of $50 to you, because that is how much you were willing to pay for it. Even though the original price of the coffee maker was $200, its use value to you is only $50 because that is the amount you were willing to pay for it.
About marxist theoryMarxist theory also includes the concept of "exchange value," which is the amount that an object or good can be traded for in a market.
In this scenario, the exchange value of the coffee maker is also $50, because that is the amount that it was sold for. However, the use value is more relevant in this scenario because it reflects the usefulness or utility of the coffee maker to you, the buyer.
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Which of the follow is NOT a good place to gather and evaluate investment options?
a Social Media
b Newspapers and magazines
c Brokers and advisers
d Company financial reports
the nutribullet blender and shake weights became successful after appearing in television commercials that asked customers to call a toll-free number or go to a website to order the products. these are examples of . a. telemarketing b. mail retailing c. direct-response marketing d. home shopping e. catalog marketing
These are examples of telemarketing. As the nutribullet blender and shake weights became successful after appearing in television commercials. Hence, option A is correct.
What is telemarketing?Telemarketing is the practice of selling products or services over the phone. On occasion, businesses will call it "tele-sales" or "inside sales." The most well-known form of telemarketing is cold calling, in which a company calls a person for the first time with the intention of pitching them one of its products or services.
Sales agents, often known as telemarketers, will call potential customers on the phone or over web conferencing in order to offer them the supplied goods and services. Calling that is both inbound and outbound are the two types of telemarketing.
Thus, option A is correct.
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On November 1, 2022, the company received $6,000 in cash from a customer requesting a custom design for six identical bikes ($1,000 each). By Dec. 31, four of the bikes have been completed. Record the adjusting entry on December 31.
The adjusting entry for the given scenario is as follows:On November 1, 2022, the company received $6,000 in cash from a customer requesting a custom design for six identical bikes ($1,000 each). By Dec. 31, four of the bikes have been completed.
Record the adjusting entry on December 31.The given scenario relates to the revenue recognition principle, where the revenue is recognized when the delivery of goods or services is completed. Since four of the bikes have been completed by December 31, the company can recognize revenue for four bikes. This means that the company has earned $4,000 by the end of December 31.Adjusting entry:DateAccountsDebitCreditDecember 31Accounts Receivable$2,000Service Revenue$2,000Explanation:
Debit to Accounts Receivable account will be made to record the amount that has been earned by the company but not yet billed, as there are two bikes left to complete.Credit to Service Revenue account will be made to record the revenue that has been earned by the company but not yet billed. Thus, the revenue will be recognized for four bikes at the end of December 31. This adjusting entry follows the accrual basis of accounting, which matches the revenues with the expenses that are incurred to earn them. Hence, the adjusting entry on December 31 is Debit to Accounts Receivable $2,000, and Credit to Service Revenue $2,000.
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"What a given group of people appreciates" are their ___________. A. Cultural contexts b. Culture shock c. Cultural education d. Cultural values Please select the best answer from the choices provided A B C D
Answer:
d. Cultural values
Explanation:
Cultural values are the values and norms that are followed by a distinct society or a group of people. In other terms, values and norms developed within the society to form its basis are said to be the cultural values. The people believe, follow, and appreciate the values. They help in defining the ways of living and leading the life. The behavior, nature, and thinking of the society is influenced or structured as per the cultural values.
Answer:
D
Explanation:
I just took the assignment
Should citizens participating in
criminal trials should have some requirements such as someone who
has a degree? Or someone who makes at least $20,000 per year? Why
or why not?
Citizens participating in criminal trials should not be required to have a degree or make a certain amount of money per year. This is because such requirements would create inequalities in the justice system and violate the principle of equal protection under the law that is enshrined in the US Constitution.
First, requiring citizens to have a degree in order to participate in criminal trials would discriminate against those who cannot afford higher education. This would create an unfair advantage for those who are more affluent and better-educated, and it would prevent many people from serving on juries or as witnesses.
Secondly, requiring citizens to make a certain amount of money per year would also create inequalities. Poorer citizens would be excluded from participating in criminal trials, which would violate their rights to equal protection under the law. Moreover, wealth is not necessarily a measure of a person's ability to serve as a juror or a witness. A person's income level does not necessarily correlate with their intelligence, education, or integrity
.In conclusion,citizens should not be required to have a degree or make a certain amount of money per year in order to participate in criminal trials. Doing so would violate the principle of equal protection under the law, create inequalities, and prevent many people from participating in the justice system.
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Entrepreneurs start a business with the desire to grow the business and generate wealth while start a business that will stay small, allowing them to have a balanced lifestyle and the ability to do the kind of work they want to do.
What are some jobs you can get before 16?
Answer:
Babysitting.
You can work at a lot of places, normal jobs, you're just required to takes breaks because you're a minor. You really just have to check with businesses in your area and see where you can work.
My friends work at a pizza place in our town, they were all under 16 when they started working there.
Explanation:
who made the effective contribution in the field of sience and arts during the renaicence
Answer:
Leonardo da Vinci, Raphael, and Michelangelo are considered the artists who reached the greatest achievements in art during the Renaissance. The Renaissance stressed harmony and beauty and no one could create more beautiful works than the great three artists listed above.
En este tipo de enfoque para el desarrollo de nuevos productos, todos los departamentos implicados en el desarrollo de nuevos productos siguen un proceso secuencial
Answer:
El enunciado describe el enfoque secuencial de desarrollo de productos.
Explanation:
En el enfoque secuencial, el proceso de producción de un producto pasa por diferentes etapas, y a su vez, dichas etapas son abordadas por diferentes departamentos dentro de la organización.
La característica principal radical entonces, en que cada departamento de producción se encarga de una etapa específica del proceso de forma secuencial, es decir, el departamento A hace su parte del proceso productivo, y una vez finaliza, inmediatamente sigue el departamento B con su proceso productivo, y luego el departamento C, y así de esa forma.
En otras palabras, en el enfoque secuencial no hay desarrollo simultáneo del proceso productivo.
On 1 March 2018 Sanjeev, who is a sole proprietor, had $600 cash on hand and an overdraft of $400 at the bank. Sanjeev reported the following transactions for the month of March 2018.
2018
Mar 1 - Cash receipt - For sale of old surveillance equipment, $1 800.
5 - Invoice - Received from DD Ltd an invoice showing the value of goods bought for resale at $7 500 less 25% trade discount.
9 - Cash voucher - Sanjeev withdrew $200 for his private use.
13 - Invoice - Sent an invoice to Layby Stores for goods for resale, $2 250 less 20% trade discount.
14 - Credit note - Received a credit note from DD Ltd for good which were delivered, but not according to the requirements of the order, and which showed a value of $800 less 25% trade discount.
16 - Cash register totals report - End of day cash sales report totalled $3 680.
19 - Credit note - Sent a credit note to Layby Stores for goods damaged in transit, $200 less 20% trade discount.
23 - Paying in slip counterfoil - Banked $5 000 of the cash on hand.
26 - Cheque stub - For payment to Jeff's Air-Con Inc. in settlement of an account of $7 500, less a 5% cash discount.
30 - Paying in slip counterfoil - For cheque received from Layby Stores in settlement of their account to date, less a cash discount of $150.
Using the form provided on page 5, record the transactions relevant to a three column
Cash Book. Total and balance the Cash Book as at 31 March 2018.
The cash book balance as of March 31, 2018, would be $10,930.
In March 2018, the following transactions were recorded in the Cash Book:
On March 1, Sanjeev received $1,800 in cash from the sale of old surveillance equipment.
On March 9, Sanjeev withdrew $200 in cash for personal use.
On March 16, the cash register totals report indicated that the end-of-day cash sales amounted to $3,680.
On March 23, Sanjeev deposited $5,000 of the cash on hand into the bank, using a paying-in slip counterfoil.
On March 30, Sanjeev received a cheque from Layby Stores as settlement of their account to date, which included a cash discount of $150. This transaction was also recorded using a paying-in slip counterfoil.
The total cash book balance as of March 31, 2018, would be calculated by adding the cash receipts and subtracting the cash withdrawals and payments. Considering the above transactions, the cash book balance as of March 31, 2018, would be $10,930.
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an investor purchases a mutual fund for $50. the fund pays dividends of $.50, distributes a capital gain of $1, and charges a fee of $1 when the fund is sold one year later for $50.50. what is the net rate of return from this investment?
Given:
mutual fund purchased for $50fund pays dividends of $.50distributes a capital gain of $1charges a fee of $1the fund is sold one year later for $50.50We need to calculate the net rate of return from this investment. It can be calculated in the following manner.
The net gain or loss of an investment over a given time period stated as a percentage of the investment's starting cost is known as a rate of return (RoR).
ROI= (Cost of Investment/ Net Return on Investment) ×100%
= (50.5/ 50.5) ×100%
= 100%
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In the context of corporate accounting, salary advances to a firm's employees would be recorded as
Choose matching definition
paid-in capital.
investments.
nontrade receivables.
other receivable
Salary advances to a firm's employees would be recorded as other receivables in the context of corporate accounting. Other receivables refer to the amounts owed to a company by employees or other parties, which are not related to the normal business activities of the company.
In other words, other receivables are debts owed to the company that arise from non-operating activities. When a company advances a salary to an employee, it is essentially providing a loan to the employee that is expected to be repaid in the future. As such, this advance is recorded as another receivable on the company's balance sheet until the employee repays the amount.
It is important for companies to keep track of their other receivables as they can impact their cash flow and financial position. Failure to collect on these receivables can also lead to bad debts and ultimately, financial losses for the company.
In conclusion, in the context of corporate accounting, salary advances to a firm's employees would be recorded as other receivables, which represent amounts owed to the company by employees or other parties that are not related to the normal business activities of the company.
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what type of event is a customer order? a) instigation event b) mutual commitment event c) economic decrement event d) economic increment event
A customer order is considered an economic increment event. An economic increment event is an event that results in an increase in an organization's resources, revenues, or assets. When a customer places an order, it creates an increase in revenue for the organization.
The organization is expected to deliver the product or service that was ordered and in return, the customer is expected to make a payment. This exchange creates an increase in the organization's resources and assets.
In addition, a customer order can also be considered a mutual commitment event. This is because when a customer places an order, there is an agreement between the customer and the organization to fulfill the order and make payment. Both parties are committed to fulfilling their respective obligations.
It is important for organizations to understand the type of event a customer order represents, as it helps them to better manage their resources and plan for future growth. Understanding that customer orders are economic increment events, for example, can help organizations to allocate resources to ensure that they are able to fulfill the orders and maximize their revenue potential.
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Economists have developed models of risk aversion using the concept of utility and the associated assumption of diminishing marginal utility. True or False?
True. Economists have developed models of risk aversion that are based on the concept of utility and the assumption of diminishing marginal utility.
The theory of utility assumes that individuals derive satisfaction, or utility, from consuming goods and services.
Diminishing marginal utility refers to the idea that as individuals consume more of a good, the additional satisfaction or utility they derive from each additional unit of the good declines.
This concept can be applied to decision-making under risk, where individuals face uncertain outcomes with varying probabilities of occurrence.
By modeling individuals' utility functions, economists can analyze their willingness to take on risk and make decisions based on expected utility. Risk aversion is characterized by a preference for less risky outcomes and is often explained by diminishing marginal utility of wealth.
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The manipulation of the money supply to achieve price stability, relatively full employment, and a satisfactory growth rate is known as
When money supply is manipulated in order to acheive things like price stability, satisfactory growth, and relative full employment, this is monetary policy.
What is monetary policy?This refers to the process by which the Central bank of a nation tries to control the economy for the benefit of the nation.
It involves manipulating the money supply in the nation which leads to interest rate and spending changes that can bring about price stability and satisfactory growth.
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A stock you own earned: $200, $500, $100, and $700 over the last four years. What was the mean annual gain in value over the four years?
Answer:
$375
Explanation:
A stock you own earned: $200, $500, $100, and $700 over the last four years.
We need to find the annual gain in value over the four years. We know that,
Mean = sum of observations/total no. of observations
Put all the values,
\(M=\dfrac{200+500+100+700}{4}\\\\M=\$ 375\)
So, the required mean annual gain is equal to $375.
Graphical information can be useful in
a.
Math only
c.
Science only
b.
Social Studies only
d.
All subjects
Answer:
d all subjects
Explanation:
think its right sorry if its wrong
The answer fam is..........D) All subjects
Dan's earns $15.25 an hour and he goned $520 this week. How many hours did he
work? (Round to the nearest one hundredths)
Rounding to the nearest hundredth, Dan worked approximately 34.10 hours.
To calculate the number of hours Dan worked, we can use the formula:
Hours worked = Total earnings ÷ Hourly rate
Substituting the given values, we get:
Hours worked = $520 ÷ $15.25
Solving this equation using a calculator, we get:
Hours worked ≈ 34.10
Since we are asked to round to the nearest hundredths, we can round this to:
Hours worked ≈ 34.11
Therefore, Dan worked approximately 34.11 hours to earn $520 at a rate of $15.25 per hour.
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How can businesses entice Face book users to interact with them on Face book?
Answer:
i mean they could bribe or like start selling stiff on there to get peoples attention
A July sales forecast projects that 6,800 units are going to be sold at a price of $11. 30 per unit. Management forecasts 15% growth in sales each month. Total July sales are anticipated to be:
The total sales in July of the forecasts are $76,840.
What are the sales?
A sale refers to the act of exchanging goods or services for money or other valuable consideration. It is a transaction in which a seller agrees to transfer ownership of a product or service to a buyer in exchange for payment. The term "sale" can refer to a specific event or promotion in which products or services are offered at a discounted price or with other incentives to encourage purchases. Sales can take place in physical locations such as stores or online through e-commerce platforms.
To find the total sales in July, we need to first calculate the sales in each month and then add them up.
Sales in July: 6,800 units × $11.30 per unit = $76,840
Sales in August: 6,800 units × 1.15 × $11.30 per unit = $88,002
Sales in September: 6,800 units × (1.15)² × $11.30 per unit = $101,202.70
Sales in October: 6,800 units × (1.15)³ × $11.30 per unit = $116,383.61
Sales in November: 6,800 units × \((1.15)^{4}\) × $11.30 per unit = $133,718.05
Sales in December: 6,800 units × \((1.15)^{5}\) × $11.30 per unit = $153,408.76
Therefore, the total sales in July are $76,840.
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Cost-push inflation is caused by
increasing input prices. Which of the
following would NOT contribute to
increasing input prices?
A. expansionary monetary policy
B. a sharp decrease in the supply of oil
C. a sudden decrease in access to coal
The class will be divided into five groups. With the teacher's guide, each group should suggest a business that they want to put up. Each group should then justify their choice of business. Each group will discuss among the members the environment that should be studied in terms of the location they decided to choose. Based on the environmental analysis, the group members should identify all the factor that need to be studied in the specific environment/location.
Each group will suggest a business idea and justify their choice based on their interests, market demand, and potential profitability. They will then discuss the specific location for their business and conduct an environmental analysis to identify factors that need to be studied.
In the first paragraph, each group can briefly mention the type of business they want to put up, such as a restaurant, tech startup, clothing boutique, fitness center, or any other business idea that interests them. They should provide a concise justification for their choice, highlighting factors like market demand, personal passion, unique selling proposition, or potential profitability.
In the second paragraph, the group members will discuss the specific location for their business and conduct an environmental analysis. They need to identify and examine various factors that can influence the success of their business in that particular location. This analysis can include factors such as local competition, target market demographics, economic conditions, regulatory environment, infrastructure, availability of resources, cultural considerations, and any other relevant factors. By studying these environmental factors, the group can gain insights into the opportunities, challenges, and potential risks associated with their chosen location.
Overall, the aim is for each group to select a business idea that aligns with their interests and has potential in the market. They should then analyze the specific location's environmental factors to make informed decisions and develop strategies that maximize their chances of success. This exercise helps students understand the importance of market research, environmental analysis, and strategic planning in business development.
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US Government uses
____ income taxes to collect revenue.
Debit cards
Pros:
Cons:
Answer:
Pros: their easy to obtain, gets rid of the need to carry cacash to buy things, you can place limits on your spending so you dont overspend, no fee to use, can be used to withdraw cast at ATM's
Cons: some companies systems accept prepaid debit cards, you risk losing money on debit card, easy to gain to your money if card is stolen and PIN is known.
Explanation:
its up to you :)
Machine has three speed settings, low medium fast the low setting produces 110 units with a 90% quality rating the medium setting produces 120 units with an 80% quality rating in the fast setting produces 140 units with a 70% quality rating if each unit sells for $20 what shutting makes the company the most money in sales win percentage not meeting quality standards cannot be sold
The low setting makes the company the most money in sales, with a total revenue of $1980
To determine which setting makes the company the most money, we need to calculate the total revenue generated by each setting while taking into account the quality rating. For the low setting, the company produces 110 units with a 90% quality rating, which means that 10% of the units are not sellable. So, the total number of sellable units is 110 x 0.9 = 99 units. The revenue generated from selling these units is 99 x $20 = $1980. For the medium setting, the company produces 120 units with an 80% quality rating, which means that 20% of the units are not sellable. So, the total number of sellable units is 120 x 0.8 = 96 units. The revenue generated from selling these units is 96 x $20 = $1920.
For the fast setting, the company produces 140 units with a 70% quality rating, which means that 30% of the units are not sellable. So, the total number of sellable units is 140 x 0.7 = 98 units. The revenue generated from selling these units is 98 x $20 = $1960.
Therefore, the low setting makes the company the most money in sales, with a total revenue of $1980
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Identify two of Tumi Manufacturers complies with the
Two of the laws that Tumi manufacturers comply with are
Labor lawsEnvironmental laws.What is corporate social responsibilityThis is the responsibility of an organization to the the area where they operate.
The manufacturers have to comply with the labor and the employment laws that have been set in the country that they operate.
Also one of their corporate responsibilities is to ensure safe practices that are safe and not harmful of our environment.
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Is a business plan a one time fee?
Answer:
i think so :)
Explanation: