QUESTION 16 5 points Save Answer An equipment manufacturer currently produces 40,000 units a year. It buys a part for the equipment from a outside supplier at a price of $1.35 a unit. The company is t
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It is not cost-effective for the equipment manufacturer to produce the part internally. The current price of purchasing the part from the supplier is lower than the total cost of producing it internally.
An equipment manufacturer currently produces 40,000 units a year. It buys a part for the equipment from an outside supplier at a price of $1.35 per unit.
The company is thinking about producing the part internally instead of purchasing it from the supplier. To make an informed decision, the manufacturer needs to evaluate the cost implications of producing the part internally.
To calculate the cost of producing the part internally, we need to consider the following costs:
Direct Material Cost: This includes the cost of raw materials required to produce one unit of the part. Let's assume this cost is $0.70 per unit.
Direct Labor Cost: This includes the cost of labor required to produce one unit of the part. Let's assume this cost is $0.50 per unit.
Overhead Cost: This includes additional costs associated with production, such as factory rent, utilities, and maintenance. Let's assume this cost is $0.20 per unit.
To calculate the total cost of producing the part internally, we sum up the direct material, direct labor, and overhead costs per unit:
Total Cost per Unit = Direct Material Cost + Direct Labor Cost + Overhead Cost
Total Cost per Unit = $0.70 + $0.50 + $0.20
Total Cost per Unit = $1.40
Since the current price of purchasing the part from the supplier is $1.35 per unit and the total cost of producing it internally is $1.40 per unit, it would be more expensive for the manufacturer to produce the part internally.
Based on the calculations, it is not cost-effective for the equipment manufacturer to produce the part internally. The current price of purchasing the part from the supplier is lower than the total cost of producing it internally.
Therefore, it is recommended for the manufacturer to continue buying the part from the outside supplier at $1.35 per unit.
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Related Questions
a method for managing pollution in which a limit is placed on emissions and businesses or countries can by and sell emissions allowances
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A method for managing pollution in which a limit is placed on emissions and businesses or countries can by and sell emissions allowances is Cap and trade .
What does the term "cap and trade" mean?
A "cap" on maximum emissions is imposed under the cap-and-trade system, which reduces the total emissions from a number of emitters.
It is said to as a market-based approach that aims to lower total pollutant emissions and promote corporate investment in fossil fuel substitutes and energy efficiency.
What does "cap and trade system" mean?
A government regulation scheme known as "cap and trade" aims to reduce or "cap" the overall level of certain chemical pollutants, primarily carbon dioxide emissions, that arise from industrial activity.
The argument put up by cap and trade proponents is that it is a preferable option to a carbon tax.
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When customers look beyond their personal knowledge and experience to help them in buying something, they are engaging in: o ritual consumption o external information search. o cognitive dissonance o business-to-business marketing o self-actalization
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when the consumers want to buy something but don't have any knowledge regarding the product, they opt for different external sources. the different sources like advertisements, internet search, etc., helps to provide the consumer with relevant information to make a purchase. this is known as external information search.
External information search refers to the process of seeking out information from sources outside of oneself to make informed purchasing decisions.
When customers look beyond their personal knowledge and experience to help them in buying something, they are engaging in external information search. This refers to the process of seeking out information from sources outside of oneself to gather relevant knowledge and make informed purchasing decisions.
For example, a customer might read product reviews, compare prices, or ask friends for recommendations before making a purchase.
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How does technology trends affect a pharmacy business?
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Answer: Artificial Intelligence or Machine Learning.
Explanation:
Artificial Intelligence or Machine Learning offers multiple benefits such as data processing, enabling pharmacists to make quicker data-backed decisions, and improving customer service. With the Internet of Things, drug inventory management will be more accurate and faster; through device-to-device communication.
What interest is paid for three months on $960 at 2 74% annual interest paid quarterly?
Answers
Answer:
$6.64
Explanation:
The applicable formula
A = p x ( 1+ r)^ n
A =amount after 3 months
p=principal amount: $960
r = interest rate : 2.74% per year or 2.74/12 per month =0.23% or 0.0023
n = 3 month
A = $960 x ( 1+ 0.0023) ^3
A =$960 x (1.0023)^3
A =$960 x 1.00691
A=$966.64
compound interest Earned
=$966.64 - $960
=$6.64
NEED HELP ASAP, WILL GIVE BRAINLIEST
The chart below shows a production possibility schedule for a pastry shop that makes $0.50 profit per donut and $0.75 profit per bagel. Choice __ yields the largest profit.
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Answer:
its B
Explanation:
if you take how much he makes per donut and per bagel and multiply it by the quantity of each it will give you a total and you just add both the donut total and the bagel total it will give you the final profit and you do that to all of them and see which one has the most money
chose 10 items to take to a deserted island remember you need shelter there is food on the island and you also may need a fire source........yw have fun
Answers
Answer:
a big tent. my friends. a hamic. wepons. a boat. my phone. portabal charger. and my parents
Explanation
Answer:
Box of Matches
Tent
Canteen
Knife
Blanket
Pot
Bug Spray
Cloths
Flashlight
Journal w/ pencil
Explanation:
These are neccasary for survival !
The ______ is required for any company or sole proprietorship that is engaged in the business of making or brokering consumer or commercial loans.
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The Finance Lenders Law License (CFLL) is required for any company or sole proprietorship that is engaged in the business of making or brokering consumer or commercial loans.
A California Financing Law license may be granted as a broker, a finance lender, or as both a broker and a finance lender. Any person or business that conducts consumer or commercial lending activities, as well as any person or business that negotiates or acts in any capacity as a broker in connection with loans made by a finance lender, whether those loans are secured by residential or commercial real estate, personal property, or unsecured obligations, is required to obtain this license through NMLS.
According to the law, "any individual involved in the business of issuing consumer loans or making commercial loans" is a finance lender. A license for finance lenders exempts the licensee from the California Constitution's prohibition on usury.
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What is the relationship between interest rate, aggregate income, and price level?.
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A decrease in income will lead to a decrease in price level and a decrease in the interest rate.
What is the relationship between these variables?When income declines, there would a decrease in demand and this would lead to a decline in price levels. When price levels fall, interest rate also decline. Thus, there is a positive relationship between these variables.
It is possible to possess elements of more than one learning style.
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Which is NOT an effective way to build relationships with your co-workers?
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'Find one or two co-workers you can complain to' is not an effective way to build relationships with your co-workers. The right answer is b.
Workplace relationships are personal bonds formed between coworkers. It is advantageous for the organisation as a whole and for the morale and wellbeing of the staff to have employees that get along well with one another. When working on a project together, coworkers who get along well with each other are more likely to produce quality work.
Respected coworkers can inspire you to work at the top of your game, and open lines of communication can make all of your tasks run more smoothly. Employees' total productivity is frequently correlated with their psychological well-being. The ability to think creatively can be sparked by having positive interactions with your coworkers.
The correct answer is option b.
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The question seems incomplete. The complete question is:
Which is NOT an effective way to build relationships with your co-workers?
Ask your co-workers about their role, skills, and goals.
Find one or two co-workers that you can complain to.
Find reasons to praise or compliment your co-workers for good work.
Be curious about your co-workers' lives and passions.
Does the education make a difference in salary for a database administrator??
Answers
Answer:
Yes it surely does
Explanation:
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Put'er There manufactures baseball gloves. Each glove requires $22 of direct materials and $18 of direct labor. Variable manufacturing overhead cost is $7 per unit and fixed manufacturing overhead cost is $19,000 in total. Variable selling and administrative costs are $11 per unit sold and fixed selling and administrative costs are $13,200. Last period, 800 gloves were produced, and 585 gloves were sold. The unit product cost is:_______.
a. $70.75 per unit.
b. $47 per unit.
c. $58 per unit.
d. $81.75 per unit.
Answers
Answer:
Instructions are below.
Explanation:
Giving the following information:
Each glove requires $22 of direct materials and $18 of direct labor. Variable manufacturing overhead cost is $7 per unit and fixed manufacturing overhead cost is $19,000 in total.
There are two methods to calculate the unitary production costs. The variable costing method and the absorption costing method.
The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).
Variable costing method:
Unitary product cost= 22 + 18 + 7= $47
Absorption costing method:
Unitary fixed costs= 19,000/800= 23.75
Unitary product cost= 47 + 23.75= $70.75
simple interest on an installment loan is charged only against the initial loan principal.
T/F
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The statement that simple interest on an installment loan is charged only against the initial loan principal is false.
In the case of an installment loan, simple interest is typically charged on the outstanding balance of the loan, not just the initial principal amount. Simple interest is calculated based on the principal amount borrowed and the interest rate, and it accrues over the duration of the loan. As each payment is made towards the loan, a portion goes towards reducing the principal amount and the remaining portion is applied to interest charges. Over time, as the principal balance decreases, the interest charges also decrease, resulting in a lower total interest paid over the life of the loan. Therefore, the interest is not solely charged against the initial loan principal but is recalculated based on the remaining balance. This approach ensures that interest is applied proportionally to the outstanding amount owed, providing a fair and accurate representation of the interest charges throughout the loan term.
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then impact of risky behaviour on one's well-being by referring to social,emotional,physical and spiritual
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Use the following information for the next three questions. Nvidia Company has $12 million of sales and $1.2 million of net income. Its total assets are $8 million. The company's total assets equal to
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The correct answer is $8 million.
The total assets of Nvidia Company are given as $8 million. This means that the value of all the company's assets, including both tangible and intangible assets, is $8 million. Total assets represent the resources owned by a company that are expected to generate future economic benefits. It includes items such as cash, accounts receivable, inventory, property, plant, and equipment, and intangible assets. In this case, the company's total assets amount to $8 million, as stated in the information provided.
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Whoever says I WIN first gets a brainliest
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Answer:
I WIN
udyfjctdkbhdyghdgvhfhv
Answer:
i win
Explanation:
:))))
( FASHION DESIGN!!)
Fad, Flops and Classics
1. If you are a fashion designer, what are you most concerned about during the introduction phase?
2. Why do you suppose the prices are the highest during the introduction phase?
3. What happens in a retail store when fashion prices have been drastically reduced and are still not selling?
4. How does the depiction of a classic compare with a flop or fad?
Answers
Prices are often the highest during the introduction phase because the demand for a new design is usually the highest at this time. As the design becomes more widely available and the initial demand is met, the price may start to decrease.
If fashion prices have been drastically reduced and are still not selling in a retail store, it may indicate that the designs are not popular with consumers or that there is too much competition in the market. In this case, the store may choose to discontinue carrying the fashion items or may try to find ways to make them more appealing to consumers, such as through marketing or styling efforts.
A classic is a fashion item that is timeless and remains popular over a long period of time. A flop, on the other hand, is a fashion item that is not well received and does not sell well. A fad is a fashion item that is popular for a short period of time but quickly goes out of style. In general, a classic is likely to be more enduring and have a longer lifespan than a flop or fad.
In what range do the closing costs on a home loan typically fall?
a. 1% to 3%
b. 3% to 5%
c. 5% to 7%
d. 7% to 10%
Please select the best answer from the choices provided
OA
OB
OC
OD
Answers
Answer:3-5% on edge just got it right
Explanation:
As the reliability of an instrument increases, the standard error of measurement _______.a. decreasesb. increasesc. could either increase or decrease d. is unaffected
Answers
As the reliability of an instrument increases, the standard error of measurement a) decreases.
Reliability refers to the consistency and stability of an instrument's results over repeated measurements. Standard error of measurement, on the other hand, estimates the amount of variability in a set of test scores due to measurement errors.
When an instrument becomes more reliable, it means that there are fewer inconsistencies and errors in its measurements. As a result, the variability in the test scores caused by measurement errors is reduced, leading to a decrease in the standard error of measurement. A lower standard error of measurement indicates that the test scores are more precise and less influenced by random errors, providing a more accurate representation of the true scores.
In summary, an increase in reliability leads to a decrease in the standard error of measurement, improving the precision and accuracy of the test scores.
Therefore, the correct answer is a) decreases.
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A consumer's spending is restricted because of:
A) marginal utility.
B) total utility.
C) a budget constraint.
D) utility maximization.
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The answer is budget constraint. A budget constraint is a limit on the amount of resources (such as money, time, or labor) that can be used to achieve a goal.
It is usually used to indicate limits placed on an individual's or family's spending. When a budget constraint is imposed, it can affect the amount and types of goods and services available to an individual or family. For example, if an individual or family has a monthly budget of $1,000, that budget may limit their ability to purchase luxury or high-priced items. As a result, their spending will be limited by the budget constraint and they will not be able to maximize their utility.
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what objects are necessary for the formation of shadows ?
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Answer:
The following three things are required for a shadow to form:
a source of light.
an opaque object.
a screen or surface behind the object.
when a factory closes, why is it bad news for the local restaurants?
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When a factory closes, it can lead to a decrease in the number of people employed in the area, which can result in lower income levels for the local community.
This can have a ripple effect on businesses, including local restaurants. With fewer people earning money, they may be less likely to dine out, resulting in a decline in customers for the restaurants. Additionally, if the factory was a major employer in the area, it may have drawn people from other towns or cities to work there. With the closure of the factory, these people may no longer frequent the local restaurants, further impacting their business. Overall, the closure of a factory can have a negative impact on the local economy, and local restaurants are just one of many businesses that may be affected.
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Terrell has $300 to open a checking account. He plans to use the ATM four times per month at his local branch. He does not overdraft his account.
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Answer:
Terrell needs a checking account that offers him either no fees at all for ATM withdrawals at the local branch, or that offers him the lowest fees in the market.
The reason is that Terrell will open his account with a relatively small amount of $300, and he plans to make 4 withdrawals in total. Given the small balance and the quantity of withdrawals, a high fee could easily represent an important percentage of the total balance, making him lose money, essentially.
Answer:
B
Explanation:
How do the different auto loan factors impact monthly payments?
Answers
he concept of ______ is probably the best single measure of an industry's impact.A. total outputB. total spendingC. aggregate market value of firms in industryD. value added
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The concept of value added is probably the best single measure of an industry's impact. Therefore option D is correct.
What is Industry?An industry is a collection of businesses that are connected by their main lines of activity. There are several categories of industries in contemporary economies. Sectors are often used to combine together bigger groups of industry classifications.
Typically, a company's major income sources determine what industry it belongs to. For instance, even if a carmaker may have a financing segment that contributes 10% to the company's overall earnings, most categorization systems would place the business in the automaker category.
Industries are divisions of related enterprises based on the main product produced or sold. By doing this, industry groupings are successfully formed, which may later be utilized to separate enterprises from those that take part in other activities.
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When U. S. Preident Donald Trump impoed tariff on imported teel, Charmaine wa working a a project manager for a U. S. -baed contruction company. Charmaine’ company had to pay more for the teel they imported from China, which decreaed the overall profit on ome of their bigget build. After a few month, her company decided to raie the price of material for all future build to offet thoe extra cot. In thi cae, who ended up paying for the tariff?
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The Trump tariffs are a set of American tariffs enacted during the administration of Donald Trump in an effort to close the trade deficit by reorienting American trade policy away toward bilateral trade partnerships over multilateral free trade agreements.
What is called imported?Anything acquired outside of the country of origin is considered an import. Both imports and exports are a part of global trade. A country has a trade imbalance if the value of the its imported exceeds than value of its exports. An import is any product that is produced overseas and brought into another country. For instance, if a Belgian company manufactures chocolate and sells it in the US, that would be considered an import from the American point of view.
Why is import used?With the use of a single phrase, Java's import statement makes it simple to take all of the classes that are visible to a program and specify them under a package. Since the programmer does not have to write the complete class definition, it is quite advantageous. As a result, it makes the program easier to read. Additionally, imports broaden the range of options available to consumers and contribute to cheap pricing, increasing their purchasing power. Additionally, imports give American firms high-quality inputs that assist enterprises and their American workers establish or maintain high levels of competitiveness in both domestic and international marketplaces.
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Last year, there were 3,400,000 visitors to a national park, and, on average, each visitor spent 22 hours in the park. On average, how many visitors were in the park simultaneously? (1 year-365 days, 1 day = 24 hours.) Keep one decimal in you answer.
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To find out the average number of visitors in the park simultaneously, we need to divide the total number of hours spent in the park by the number of hours in a year.
1. Calculate the total number of hours spent by all visitors in the park:
3,400,000 visitors x 22 hours = 74,800,000 hours
2. Calculate the total number of hours in a year:
365 days x 24 hours = 8,760 hours
3. Divide the total number of hours spent by all visitors by the total number of hours in a year:
74,800,000 hours ÷ 8,760 hours = 8,536.6 visitors
Therefore, on average, there were approximately 8,536.6 visitors in the national park simultaneously. Round up to one decimal place to get 8,536.7 visitors.
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Which is the best general statement about the role of government in business in the United States? O A. Government determines what goods and services are produced. B. Government acts to allow markets to function efficiently. C. Government owns the resources of production. D. Government has no role in business.
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gladstone company has expected sales of $346,000 for the upcoming month and its monthly break-even sales are $325,000. what is the margin of safety as a percent of sales? multiple choice 7%. 106%. 194%. 6%. 94%.
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7% is the margin of safety as a percent of sales. The break-even point amount is deducted from the actual or projected sales, and the result is divided by sales; the result is stated as a percentage in accounting.
The sales decline that may take place before a business reaches its breakeven point is known as the margin of safety. This provides management with information on the loss risk to which a company is exposed due to changes in sales. The extra sales above the break-even sales are referred to as the margin of safety. This denotes the organization's safe zone, guaranteeing that there won't be any losses.
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Which business situation is most likely a "breeding ground" for unethical conduct by employees?
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The business situation which is most likely a "breeding ground" for unethical conduct by employees is:
When performance improvement is needed.What is Unethical Conduct?This refers to the type of conduct which a person exhibits when he acts in a manner that is improper and takes advantage of other people to make gain or profit.
With this in mind, we can see that when a particular company has a low performance and their managers need immediate improvements, this can cause the employees to engage in unethical acts.
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