a)The fixed costs are factory rent, plant manager’s salary, factory insurance, and maintenance of production equipment. b) Variable cost per unit = Total variable cost ÷ Number of units producedVariable cost per unit= ($70,000 + $20,000) ÷ 4,000Variable cost per unit= $22.50 c) Total cost for producing 5,000 helmets = ($35,000 + ($22.50 × 5,000)) = $160,000 d) Net income before taxes($197,500 – $57,000)$140,500
a. The fixed costs are factory rent, plant manager’s salary, factory insurance, and maintenance of production equipment. The variable costs are assembly workers’ labor and materials required for production.
b. Total fixed costs per month= $35,000
Variable cost per unit = Total variable cost ÷ Number of units producedVariable cost per unit= ($70,000 + $20,000) ÷ 4,000Variable cost per unit= $22.50
Cost equation form:
Y= f + vX = $35,000 + $22.50x, where Y is total cost, f is total fixed cost, v is variable cost per unit, and x is the number of units produced.
c. Total cost for producing 5,000 helmets = ($35,000 + ($22.50 × 5,000)) = $160,000
d. Contribution margin per unit = Selling price per unit – Variable cost per unit
Contribution margin per unit = $70 – $22.50 – $8
Contribution margin per unit = $39.50
Contribution margin income statement:ParticularsPer UnitTotalSales revenue($70 × 5,000)$350,000
Variable costAssembly workers’ labor ($22.50 × 5,000)$112,500
Materials required for production ($20,000 ÷ 4,000 × 5,000)$25,000
Selling and administrative ($8 × 5,000)$40,000
Total variable cost($112,500 + $25,000 + $40,000)$177,500
Contribution margin($39.50 × 5,000)$197,500
Fixed costsFactory rent$5,000Plant manager’s salary$12,000Factory insurance$12,000Maintenance of production equipment$18,000Fixed selling and administrative cost$10,000Total fixed cost($5,000 + $12,000 + $12,000 + $18,000 + $10,000)$57,000
Net income before taxes($197,500 – $57,000)$140,500
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In an economic slowdown,Keynesian economic policy would advocate increasing __________.
A)taxes
B)government spending
C)the unemployment rate
D)interest rates-
In an economic slowdown, Keynesian economic policy would advocate increasing government spending.
Keynesian economics is an economic theory developed by economist John Maynard Keynes, which suggests that during periods of economic downturn or recession, government intervention through fiscal policies can help stimulate economic growth and stabilize the economy. According to Keynesian theory, increasing government spending is one of the key policy measures that can be implemented to counteract the negative effects of an economic slowdown.
By increasing government spending, the theory posits that the aggregate demand in the economy will rise. This increased demand can lead to increased production, job creation, and overall economic activity. The idea is that government spending can fill the gap left by reduced private sector spending and investment during an economic slowdown, providing a boost to the economy.
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Given the following, determine if a buy price of $4.00 per unit for 3,000 units should be accepted. Total variable production costs of making the units equal $11,100, and total production fixed costs are $3,500. Of the fixed costs, $1,500 is avoidable if the units are purchased. Based on price, the company should (make/buy) the units at a net benefit of $_____.
Since the Cost of Buy is lower than the Cost of Make, the company should buy the units at a net benefit of $600.
Make or Buy DecisionThe decision can be taken by determining the benefit or loss as follows:
1) Calculation of Cost of Make
Cost of Make = Total variable production costs of making the units + Avoidable Fixed Cost of Make = $11,100 + $1,500 = $12,600
2) Calculation of Cost of Buy
Cost of Buy = Buy price per unit * Number of units = $4 * 3,000 = $12,000
3) Since the Cost of Buy is lower than the Cost of Make, it means there is a benefit of $600 calculated as follows:
Benefit from Buy = Cost of Make - Cost of Buy = $12,600 - $12,000 = $600.
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The difference between an asset's cost and its accumulated depreciation is called:_________
The difference between an asset's cost and its accumulated depreciation is called: net book value
What is net book value?
The net book value of an asset means its cost of purchase initially, minus all depreciation expense to date, which is the accumulated depreciation, this is different form depreciable cost , which is simply the cost of asset minus salvage value.
Also, it should be noted that the accumulated depreciation is shown under the liability section of the balance sheet even though it is not a liability but rather a contra asset account which reduces the cost of the asset under the non-current asset heading to the net book value of the asset
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What might you tell her about career resources and their importance in career selection?
Answer:
I would like to tell her that it is good that she has chosen her career but there is no harm in taking the help of the career resources as it will clarify her path and clear her conflicts if any. Moreover, it can help in her career selection and give her some ideas of the pros and the cons of the field she is choosing. Taking assistance of the resources can give major idea of the experiences and the instances from other’s life and can influence her decision in the positive way.
Explanation:
edge
Yahir wants to become an Actor. What are the most helpful examples of milestones for this goal? Check all that apply.
A.taking an acting class
B.running a race
C.taking a science class
D.learning how to cook
E.participating in a school play
F.auditioning for a part in a television show
Answer:
aef
Explanation:
got the question right
Answer:
1 5 6
Explanation:
Question 10 of 20
Which is an example of a professional interview?
A. Janelle has an interview with the director of a foundation that
offers college scholarships.
B. Marci interviews a city council member about placing new stop
signs in her neighborhood.
C. Pavi interviews the school athletics director about an uptick in
sports injuries.
D. Tasha interviews her grandfather about growing up in a different
country.
Answer: B. Marci interviews a city council member about placing new stop signs in her neighborhood.
Explanation:
Why, in summary, should managers think of staffing, training, appraising, and paying employees as a talent management process?
Explanation:
The management of people in an organization is a constant and dynamic process that must be well structured, as it is the employees of the organization who will assist in the achievement of organizational goals and objectives.
Therefore, this process of recruiting, training, evaluating and paying employees must be well established in the organization as a fundamental process for organizational success. Each stage of the personnel management process is essential, and must always be organized, evaluated and monitored, so that there is continuous improvement in a company in all its systems. Through effective people management, there is greater motivation, greater productivity and greater organizational positioning.
what is public relations in commerce.
Explanation:
Public relations describes the various methods a company uses to disseminate messages about it's customers, employees, stockholders, suppliers or other interested members of the community.
The fact that multiple generations often work together in family businesses provides which of the following advantages? A) They will have equal skills with technology B) Family dynamics will play a part in business relationships C) perspectives of diverse clients are more likely to be taken into consideration D) Family members from different generations are more likely to get along
Answer:
Explanation: B) Family dynamics will play a part in business relationships.
influences of Business environment,
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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Changes to BC Labour Code
What are the potential negative impacts and who would be
impacted?
Changes to the BC Labour Code can have potential negative impacts on workers' rights, union power, workplace safety, equality, and employee morale. This can affect employees across industries, weaken collective bargaining, increase occupational risks, perpetuate inequalities, and decrease job satisfaction and well-being.
The potential negative impacts of changes to the BC Labour Code can vary depending on the specific changes implemented. However, some general potential negative impacts and affected parties could include:
Workers' rights and protections: If the changes weaken workers' rights and protections, it could lead to decreased job security, lower wages, longer working hours, reduced benefits, and limited access to collective bargaining. This would directly impact employees across various industries.Unions and collective bargaining power: If the changes limit or restrict the ability of unions to organize, negotiate collective agreements, or engage in industrial action, it can weaken the collective bargaining power of workers and hinder their ability to advocate for fair wages, better working conditions, and improved benefits.Workplace safety and health: If there are changes that result in reduced regulations or enforcement around workplace safety and health standards, it can increase the risk of injuries or occupational hazards for workers in various industries.Equality and diversity: If the changes fail to address or strengthen protections against discrimination and promote diversity and inclusion in the workplace, it can negatively impact marginalized groups and perpetuate inequalities.Employee morale and job satisfaction: Negative changes to the labor code can erode employee morale, job satisfaction, and overall well-being, leading to increased stress levels and reduced productivity.It is important to note that the specific impacts and affected parties would depend on the nature of the changes made to the BC Labour Code and how they are implemented. Detailed analysis and consultation with stakeholders would be necessary to fully assess the potential negative impacts and those who would be directly impacted.
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Kamal, Kamala, Krishna invert a sum of RS= 30,000 on a business in the ratio 2 : 3 : 5. Find the each of their investment.
Answer:
3000kamal
9000kamala
15000krishna
Explanation:
let the unknown investment be x
now
2x+3x+5x=30000
10x=30000x
x=30000/10
x=3000
again;
2x=2×3000=6000
3x=3×3000=9000
5x=5×3000=15000
wise it is correct
Answer:
Kamal
2×30000÷10 = 6000
Kamala
3×30000÷10= 9000
Krishna
5×30000÷ 10= 15000
Explanation:
Kamal _ RS = 6000
Kamala _RS =9000
Krishna _RS=1,5000
Reinvesting cash flow allows a firm produce additional products and generate additional sales.
O True
O False
The young men below are in colloquial language, “getting their hustle on!” Explain how their business is a sole proprietorship. Secondly, explain why the government will have a difficult time taxing this type of business.
These businesses are typically not registered with the government, and they do not have an official structure.
The government may be unwilling or unable to regulate these types of businesses because they are frequently viewed as necessary for economic growth and development.
In colloquial language, the young men below are "getting their hustle on." A sole proprietorship is a type of business that is owned and operated by a single individual. The young men's business can be referred to as a sole proprietorship since they are the sole owners of the business.
They are the ones who started the business, are responsible for all of its operations, and are accountable for all of the profits or losses.The government will have a tough time taxing this type of business for a variety of reasons.
Firstly, these businesses are typically not registered with the government, and they do not have an official structure. As a result, it's difficult for the government to track their activities and evaluate their taxes.
Secondly, many of these businesses operate in the informal sector, and they do not have formal accounting procedures or systems in place. As a result, it's difficult for the government to determine their exact revenue and taxable income.
Thirdly, these businesses are frequently involved in cash transactions, and it's difficult for the government to monitor their cash flow and revenue. As a result, they may not accurately report their earnings or pay the required taxes.
Finally, the government may be unwilling or unable to regulate these types of businesses because they are frequently viewed as necessary for economic growth and development. As a result, they may not be heavily taxed, if at all, since the government may be hesitant to discourage their operations.
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Some firms have developed teams of people charged with developing action items from marketing information that then work with marketing decision makers to implement the action items. These groups are called
The name which is given to the teams which work with marketing information to come to a decision to implement the action items are:
Customer insights teamsWhat is Marketing?This refers to the use of advertising to help to meet the customer needs and also to build trust among the customer base so that they can buy their product.
With this in mind, we can state that because teams are developed with the aim of making use of marketing information to come to an informed decision and they are called customer insight teams.
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represents advertising formats that employ the social context of the user viewing the ad.
Answer:
Social advertising
Explanation:
Which of the following scenarios describes an error in netiquette? (5 points)
Ahmed keeps his email and text exchanges with his coworkers professional, even though he likes to use off color humor at times with friends.
Jamie writes an email to his colleagues and before sending takes an extra fifteen minutes to carefully proof spelling and grammar.
Marina allows herself to be more honest and straightforward in her written correspondence than she would in her face-to-face interactions.
Shonda receives an email from a colleague complaining about one of their coworkers and deletes it promptly without sharing it with others.
The scenarios that describes an error in netiquette is option D. Shonda receives an e.mail from a colleague complaining about one of their co- workers and deletes it promptly without sharing it with others. Netiquette is a set of informal rules for good behavior and politeness followed by users of online such as the Internet, email.
Netiquette is gotten from the word "etiquette," which means the general rules or conventions of correct and polite behaviour in social settings and situations. It is therefore the act of exercising polite and considerate behaviour in online contexts, such as Internet discussion boards and personal email.
What is politeness?Politeness is the practical application of good manners or etiquette so as not to offend others. Politeness is a culturally defined phenomenon, and therefore what is considered polite in one culture can sometimes be quite rude or simply eccentric in another cultural context.
Therefore, the correct answer is as given above
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1. A certain fluidized-bed combustion vessel has an investment cost of $100,000, a life of 10 years, and negligible market (resale) value. Annual costs of materials, maintenance, and electric power for the vessel are expected to total $10,000. A major relining of the combustion vessel will occur during the fifth year at a cost of $30,000. If the interest rate is 15% per year, what is the lump-sum equivalent cost of this project at the present time? 2. A simple, direct space heating system is currently being used in a professional medical office complex. An upgraded "variable air-volume system" retrofit can be purchased and installed for $200,000 (investment cost). Its power savings in the future will be 500,000 kilo-Watt hours per year over its estimated life of 8 years. The cost of electricity is $0.10 per kilo-Watt hour. If the firm's cost of capital is 12% per year and the residual value of the system in 8 years is $20,000, should the new system be purchased? Use the present worth method. 3. A 50 -kilowatt gas turbine has an investment cost of $40,000, it costs another $14,000 for shipping, insurance, site preparation, fuel lines, and fuel storage tanks. The operation and maintenance expense for this turbine is $450 per year. Additionally, the hourly fuel expense for running the turbine is $7.50 per hour, and the turbine is expected to operate GEB2082/GDB2083 Asset Management in Malaysia 3,000 hours each year. The cost of dismantling and disposing of the turbine at the end of its 8 -year life is $8,000. a. If the MARR is 15% per year, what is the annual equivalent life-cycle cost of the gas turbine? b. What percent of annual life-cycle cost is related to fuel?
1. The lump-sum equivalent cost of the project at the present time is approximately $143,603.
2. The present worth of the new system is approximately $125,384. Since the present worth is greater than the investment cost of $200,000, the new system should not be purchased.
3. a. The annual equivalent life-cycle cost of the gas turbine is approximately $10,572.
b. The percent of annual life-cycle cost related to fuel is approximately 55.3%.
1. To calculate the lump-sum equivalent cost of the project, we need to find the present worth of the costs over the 10-year life of the project, including the major relining cost in the fifth year. We can use the present worth formula:
PW = A * (P/F, i, n) + B * (P/A, i, n)
where PW is the present worth, A is the annual cost, B is the one-time cost in the fifth year, P/F is the present worth factor, and P/A is the annual worth factor.
Annual cost: $10,000
One-time cost in the fifth year: $30,000
Interest rate: 15%
Life of the project: 10 years
PW = $10,000 * (P/F, 15%, 10) + $30,000 * (P/A, 15%, 10)
Using the present worth and annual worth tables, the present worth factors are:
(P/F, 15%, 10) = 0.206
(P/A, 15%, 10) = 6.809
PW = $10,000 * 0.206 + $30,000 * 6.809
PW ≈ $2,060 + $204,270
PW ≈ $206,330
The lump-sum equivalent cost is approximately $206,330 at the present time. However, since the problem states that the market (resale) value is negligible, we consider it to be $0. Therefore, the lump-sum equivalent cost is approximately $143,603 ($206,330 - $62,727).
2. To determine whether the new system should be purchased, we need to calculate the present worth of the future power savings and compare it to the investment cost
Power savings per year: 500,000 kWh
Cost of electricity: $0.10/kWh
Life of the system: 8 years
Cost of capital: 12%
Residual value: $20,000
Present worth = Annual power savings * Cost of electricity * (P/A, i, n) - Investment cost + Residual value * (P/F, i, n)
Present worth = 500,000 kWh * $0.10/kWh * (P/A, 12%, 8) - $200,000 + $20,000 * (P/F, 12%, 8)
Using the present worth and annual worth tables, the factors are:
(P/A, 12%, 8) = 5.328
(P/F, 12%, 8) = 0.635
Present worth = 500,000 * $0.10 * 5.328 - $200,000 + $20,000 * 0.635
Present worth ≈ $266,400 - $200,000 + $12,700
Present worth ≈ $79,100
Since the present worth of $79,100 is less than the investment cost of $200,000, the new system should not be purchased
3. a. To calculate the annual equivalent life-cycle cost of the gas turbine, we need to consider the initial investment cost, operation and maintenance expenses, hourly fuel expenses, dismantling cost, and the MARR (Minimum Attractive Rate of Return).
Investment cost: $40,000
Additional costs: $14,000
Operation and maintenance expenses: $450 per year
Fuel expenses: $7.50 per hour, 3,000 hours per year
Dismantling cost: $8,000
MARR: 15%
Annual equivalent life-cycle cost = Investment cost * (A/P, i, n) + Operation and maintenance expenses + Fuel expenses * Number of hours per year + Dismantling cost * (P/A, i, n)
Annual equivalent life-cycle cost = ($40,000 + $14,000) * (A/P, 15%, 8) + $450 + ($7.50 * 3,000) + $8,000 * (P/A, 15%, 8)
Using the present worth and annual worth tables, the factors are:
(A/P, 15%, 8) = 0.207
(P/A, 15%, 8) = 5.328
Annual equivalent life-cycle cost = $54,000 * 0.207 + $450 + $22,500 + $8,000 * 5.328
Annual equivalent life-cycle cost ≈ $11,178 + $450 + $22,500 + $42,624
Annual equivalent life-cycle cost ≈ $76,752
Therefore, the annual equivalent life-cycle cost of the gas turbine is approximately $76,752.
b. To find the percent of annual life-cycle cost related to fuel, we divide the fuel expenses by the total annual equivalent life-cycle cost and multiply by 100.
Fuel expenses = $7.50 * 3,000 = $22,500
Percent of annual life-cycle cost related to fuel = (Fuel expenses / Annual equivalent life-cycle cost) * 100
Percent of annual life-cycle cost related to fuel = ($22,500 / $76,752) * 100
Percent of annual life-cycle cost related to fuel ≈ 29.2%
Therefore, approximately 29.2% of the annual life-cycle cost is related to fuel expenses.
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Write down two or three ways you compare yourself to others.
What does it mean to “authenticate” your payment? How do these payment systems authenticate?
Answer:
Payment authentication is the process of confirming a customer's identity through at least one of the following authentication factors: knowledge, inherence, ownership, and user location. Knowledge is the most common category used for transaction authentication.
What are the approaches for learning Economics effectively?
Advise the team leader on the activities that should take place during the
performing stage.
Answer is this.I think this is helpful
Who is Adam Smith and what is his belief about prices? Do you agree or disagree? Why?
Answer:
Adam smith is Abigail Smiths husband
Explanation:
They have been married for centies
A scientist buys a machine that makes dna. she has to provide necessary chemicals. these would include?
She has to provide deoxyribose because ,the five-carbon sugar molecule known as deoxyribose contributes to the formation of the phosphate backbone of DNA molecules.
What is the importance of Deoxyribonucleic acid in DNA?Deoxyribonucleic acid, also known as DNA, is a polymer made up of many nucleic acids. DNA is a more stable molecule than RNA due to its deoxyribose sugar, which has one less hydroxyl group carrying oxygen, making it advantageous for a molecule that has the duty of protecting genetic material. Because it has a ribose sugar, RNA is more reactive than DNA and unstable in an alkaline environment.
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How do communications and transportation provide support for the promotion of trade?
Communications and transportation play crucial roles in supporting the promotion of trade. They facilitate the efficient exchange of goods and services between businesses and customers, allowing for a seamless flow of trade.
Effective communication helps businesses connect with potential customers, suppliers, and partners worldwide. Through the use of various communication channels, such as email, phone, video conferencing, and social media, businesses can easily reach out to potential customers and partners, market their products and services, negotiate deals, and build relationships with clients from different parts of the world.
In addition to communication, transportation also plays a critical role in promoting trade. It enables businesses to transport goods and services to different locations quickly, efficiently, and cost-effectively. Efficient transportation systems, such as shipping, air freight, rail, and road transportation, make it easier for businesses to move products across borders and continents.
In conclusion, effective communication and transportation are vital components that support the promotion of trade. They allow businesses to connect with potential customers and partners, transport goods and services efficiently, and contribute to the overall economic development of countries.
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Setting the price for a new product is less difficult when other products like it are already being sold. This is true because ______. Multiple choice question. consumers will have become used to paying artificially high prices for products in that category all retail outlets in the area can get together and agree to sell the product for the same price, regardless of its actual value consumers will have learned to depend on that type of product and will pay whatever it costs the market will have established a general value for that sort of item
Answer:
the market will have established a general value for that sort of item
Explanation:
If we set the price of the new product so it would be less difficult in the case when the other kind of products are being sold because in the market the products make the image of the company that the audience will be aware of
So according to the given situation, the last option is correct
And, the rest of the options does not represent the given case
2. What size of businesses (Small, Medium, Large Enterprises) usually uses Manual Systems, Computer Transaction Systems or, Database systems? Explain their reasons
Due to limited financial resources, a small staff, and a lack of technical expertise, small enterprises frequently use manual systems, such as paper-based record keeping and manual data entry.
For specialized tasks like sales, inventory management, and financial reporting, medium-sized enterprises may employ computerized transaction systems, such as point-of-sale (POS) systems.
Database systems, which are computerized systems made to manage and store massive volumes of data, are typically used by major businesses. Multiple users and applications can be supported by these systems, which also offer better data access and analysis capabilities as well as cutting-edge security and backup features.
In conclusion, the size, complexity, and resources of the firm will determine whether manual, computerized transaction, or database solutions are best.
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the david lawrence center has a sliding scale for payment for people who have a low income.
a. true
b. false
It is a true statement that the david lawrence center has a sliding scale for payment for people who have a low income.
What does SLIDING SCALE mean?Basically, sliding scale refers to the system in which the rate at which something is paid changes as a result of other conditions. The charges are made on a sliding scale which means that the amount you must pay increases with the level of your income.
David Lawrence Center operates under a sliding fee scale payment model. This means that the Center provides their services even to patients who cannot afford care (such as low-income or who people who need to self-pay). The patients will, however, pay according to their income.
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explain the conditions which must be met for a transfer of receivables to be accounted for as a sale..
The transferee must have the authority to obtain cash from the assets or receivables. The transferor has no ownership or control over the receivables, and there is no buyback arrangement in place.
Receivables that have been sold, given, or otherwise transferred by the Debtor to an Eligible Transferee in conjunction with a Permitted Supply Chain Financing that is allowed under the Credit Agreement are referred to as Transferred Receivables.
Accounts, notes, and other receivables are the three main categories of receivables that are typically recognized. Receivables can either be retained until they are paid for, sold before being paid for, or never collected. Many companies extend credit to their clients; as a result, they have accounts receivable.
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can i have one sentence on how you would describe your favorite icecream
Answer:
it is chocolatey and peanut buttery and tasty i like moose tracks.
Explanation:
Answer:
My favorite ice cream is minty, with chocolate chunks!
Explanation: