Answers
$516,880 would be the Contribution margin if a jeans maker is designing a new line of jeans called slams. slams will sell for $330 per unit and cost $260.70 per unit in variable costs to make. fixed costs total $60,500.
Cost volume profit analysis:
Cost volume profit analysis is the analysis is the analysis shows of changes in sales and its cost results in changes in its respective profit.
Any change that results in increased profit is desirable to implement.
Contribution margin is the amount left after reducing sales prices from its variable costs of the product.
Step 2: calculation and explanation
1. Calculation of contribution margin per unit as follows:
Particulars
Amount in $
Selling price per unit
$355
Less: variable cost per unit
($262.70)
Contribution margin per unit
$92.3
2. Computation of contribution margin ratio as follows:
Particulars
Amount in $
Contribution margin per unit a.
$92.3
Selling price per unit b.
$355
Contribution margin ratio
c. = a./b.
0.26
3. Computation of income if 5,600 units were produced and sold as follows:
Particulars
Amount in $
Selling price
[5,600 units * $355 per unit]
$1,988,000
Less: variable cost
[5,600 units * $262.70 per unit]
($1,471,120)
Contribution margin
$516,880
Less: fixed cost
($63,000)
Income
$453,880
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Related Questions
which one of the following is not a withdrawal option for a mutual fund owner, who has a minimum nav of $5,000?
Answers
None of the Above. A mutual fund owner typically has access to a variety of withdrawal options, including direct deposit, check, and wire transfer.
However, the minimum NAV (net asset value) of the mutual fund must be considered when choosing a withdrawal option. If the minimum NAV of the mutual fund is $5,000, then none of the above options would be available.
Net asset value, or "NAV," of an investment company is the company's total assets minus its total liabilities. For example, if an investment company has securities and other assets worth $100 million and has liabilities of $10 million, the investment company's NAV will be $90 million.
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One reason why firms might want to pursue a strategic alliance strategy is to exploit
economies of scale. Exploiting economies of scale should reduce firm’s costs. Does this
mean that a firm pursuing an alliance strategy to exploit economies of scale is actually
pursuing a cost leadership strategy? Why or why not? Support your answer
Answers
So, a strategic alliance may benefit the combined group in two ways: one, it will enable them to target larger clients without facing significant rivalry
Economies of scale, which are commonly assessed by the quantity of product provided per unit of time, seem to be the cost savings that businesses gain as a result of the significant scale of the economy.
In order to lower manufacturing costs, economies of scale is the method of producing any good at a very high volume. Strategic alliances allow two businesses to more effectively merge their operations.
It will enable them to lower costs through economies of scale. Additional benefits of economies of scale include lower prices for goods or cost focus in the marketplace.
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Where would your client navigate to view the status of a bill payment that was paid using Bill Pay powered by Melio?
Answers
Here are the steps:
Go to the Reports menu on the left pane.Select Bills and Applied Payments from the What you owe section.Click the Customize button at the top.Go to the Rows/Columns drop-down, and then check the box for the Tracking # and other info you want to include it.I hope this helps!!!
(100 POINTS AND BEAINLYESt)
(Question 2 Only)
Answers
Answer:
D
Explanation:
Humans are always looking for things to help improve their daily lives, seeing advertisements showcase new items for them and get them to buy their stuff.
Answer:
ur jew for this
Explanation:
discuss a time when you succeeded landing the job that you want! as how you were able to get the job? What resources did you use?
Answers
To succeed in landing the job you want, you need to take the following steps:
Step 1: Identify the job that you want Before you start applying for jobs, you need to know what job you want. Identify the job position and the industry that you want to work in. Make a list of the companies that you would like to work for. Doing research about the company and job position is necessary to be able to tailor your resume and cover letter to match their requirements.
Step 2: Update your resume and cover letterThe resume and cover letter are two important tools in the job search process. It’s essential to keep them updated. It is essential to tailor the resume and cover letter for the job position you want. Be specific about the skills and experience that match the job description.
Step 3: NetworkIt’s important to network and make connections with people who work in your industry of interest. Networking could be done through LinkedIn, attending job fairs, or joining clubs or organizations that are related to your industry of interest.
Step 4: Job search engines and recruitment agencies Job search engines and recruitment agencies are excellent resources to help you find jobs in your industry of interest. Some of the popular job search engines are Indeed, Monster, and Glassdoor. Recruitment agencies are also helpful in finding jobs and have a database of available job positions.
Step 5: Prepare for the interview Once you land the job interview, it’s important to prepare and research the company and the job position. Prepare answers to common interview questions. Dress professionally and be on time. Show your enthusiasm and interest in the job position. Be confident and be yourself.
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The Phillips curve was first suggested as a description of the relationship between inflation and unemployment in the late 1950s, and data through the 1960s were consistent with its predictions. What happened in the 1970s?
Answers
Answer: High inflation and high unemployment in the United States undermined the Phillips hypothesis.
Explanation:
In the year the 1970s, there is high inflation and high unemployment in the United States that undermined the Phillips hypothesis.
What happened in the 1970s?Since the Phillips curve was first recommended by the description of the relationship that lies between inflation and unemployment.
So based on this, we can say that In the year the 1970s, there is high inflation and high unemployment in the United States that undermined the Phillips hypothesis.
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Which of the following would appear in the cash flows from investing activities section of the statement of cash flows?
a. Cash received from stock issued
b. Cash received from bonds payable
c. Depreciation expense on equipment
d. Cash paid for equipment
Answers
The correct answer is:
d. Cash paid for equipment
Cash flows from investing activities include transactions related to the acquisition or sale of long-term assets such as property, plant, and equipment. Cash paid for the purchase of equipment would be categorized as an investing activity because it involves the outflow of cash for the acquisition of a long-term asset.
When must you wash your hands
Answers
Answer:
Before, during, and after preparing food. Before and after eating food. Before and after caring for someone at home who is sick with vomiting or diarrhea. Before and after treating a cut or wound.
wash your hands before and after always and preferably with antibacterial soap
If you are an HR Manager , which among these rating sources do you believe in the most crucial?
Answers
Answer:
behaviour
Explanation:
his\her behaviour to collegues matters more for good environment in business
Louis and Raymond had shared responsibility for liability of their company's debt because they had formed a _____.
Answers
Louis and Raymond had shared responsibility for liability of their company's debt because they had formed a limited liability partnership
Limited liability partnership :
A limited liability partnership is a partnership in which some or all of the partners have limited liability. Therefore, it can have elements of partnerships and companies. Under LLP, partners are not responsible for the misconduct or negligence of other partners. An LLP is an alternative legal form that offers the benefits of a limited liability company and the flexibility of partnerships. • An LLP can survive a change of partners. She can enter into contracts in her own name and retain her property.
What are the main advantages of a limited partnership?The main advantage of forming an LLP is the balance between business control and debt risk mitigation. Similar to a general partnership, an LLP allows qualified parties to form a business entity, allowing its partners to actively participate in the operation of the business.
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What's your educational interest and goals
Answers
Sin duda, que no me dejen por abajo de la sociedad
If a manufacturer of electronic devices invests $650,000 in equipment for making compact piezoelectric accelerometers for general purpose vibration measurement, estimate the rate of return from revenue of$225,000 per year for 10 years and $70,000 in salvage value from the used equipment sale in year 10. Solve by (a) factors, and (b) spreadsheet function.
Answers
Based on the information given, we can estimate the rate of return for the manufacturer of electronic devices who invested $650,000 in equipment for making compact piezoelectric accelerometers.
To estimate the rate of return, we need to calculate the total revenue generated over the 10-year period, including the salvage value from the used equipment sale in year 10. We can then calculate the net profit by subtracting the initial investment of $650,000 from the total revenue.
Finally, we can calculate the rate of return by dividing the net profit by the initial investment and expressing it as a percentage.
(a) To solve for the rate of return using factors, we can use the following formula:
Rate of return = ((total revenue - initial investment) / initial investment) x (1 / number of years)
Total revenue = annual revenue x number of years + salvage value
Total revenue = $225,000 x 10 + $70,000 = $2,320,000
Net profit = total revenue - initial investment
Net profit = $2,320,000 - $650,000 = $1,670,000
Rate of return = (($2,320,000 - $650,000) / $650,000) x (1 / 10)
Rate of return = 15.23%
Therefore, the estimated rate of return for the manufacturer of electronic devices who invested $650,000 in equipment for making compact piezoelectric accelerometers is 15.23%.
(b) To solve for the rate of return using a spreadsheet function, we can use the following formula:
=RATE(number of years, annual cash flows, initial investment, salvage value)
=RATE(10, 225000, -650000, 70000)
Rate of return = 15.23%
Therefore, the estimated rate of return for the manufacturer of electronic devices who invested $650,000 in equipment for making compact piezoelectric accelerometers is 15.23%.
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Large private organizational buyers and government agencies make large- volume or large-value purchases through also known as *.reverse auctions viral marketing O online direct marketing O name-your-own-price models O electronic tendering systems
Answers
Answer: Electronic tendering system
Explanation:
Electronic tendering system is an internet based method whereby the tendering process is completed. This is typically used.by large organizations or government agencies when they want to make large purchases.
The tendering process from the advertisement to the receiving and submitting of every information that are relating to the tender will be done online.
This method helps in efficiency because it reduces or completely eliminates paper-based transactions which therefore brings about a faster exchange of information.
On April 20, 2010, an oil rig in the Gulf of Mexico experienced a blowout. As a direct result of the blowout, more than 200 million gallons of crude oil were pumped into the Gulf of Mexico for a total of 87 days, making it the biggest oil spill in U.S. history. The following are some of the results directly attributed to the oil spill. Choose the appropriate societal impact from the dropdown list provided.
a. The initial oil rig explosion killed 11 people and injured 17 others.
b. Of the 400 miles of Louisiana coast, approximately 125 miles were polluted by the oil spill.
c. 170 US Coast Guard vessels, 7,500 employees, and 2,000 volunteers were engaged in grassroots cleanup activities.
d. 4,768 dead animals were collected as of August 2013. 4,080 of those were birds and 525 were sea turtles.
e. The fishing industry in the gulf lost $2.5 billion.
f. The gulf coast tourist industry lost approximately $23 billion in revenue.
g. 108 individuals working on the cleanup efforts reported symptoms including dizziness, vomiting, nausea, headaches, and chest pains, according to the Louisiana Department of Health.
h. Investors saw the value of their stock in the affected company drop by 54% in the three months following the oil spill.
Answers
Choosing the appropriate societal impact from the dropdown list for some of the results attributed to the Gulf of Mexico Oil Spill is as follows:
Results Societal Impacta) 11 people killed and injured 17 others. Health and Safety risks
b) 125 miles were polluted Environmental Damage
c) 170 US Coast Guard vessels,
7,500 employees, and 2,000 volunteers Social Disruption
d) 4,768 dead animals Environmental Damage
e) The fishing industry Social Disruption
f) The gulf coast tourist industry Social Disruption
g) 108 workers reported symptoms Health and Safety risks
h) Investors saw the value of their stock Social Disruption
What are the societal impacts of the Deepwater Horizon Spill?On April 20, 2010, the Gulf of Mexico Oil Spill was the largest marine oil spill.
Some of the societal impacts included:
Environmental DamageSocial DisruptionHealth and Safety risks.Thus, the Deepwater Horizon Spill recorded many socio-economic impacts as enumerated above.
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How is the Sole Trading formed?
Answers
Answer:
A sole proprietorship is established when an owner begins operating their business.
Explanation:
There are no separate licenses to obtain to form a sole proprietorship. The sole proprietorship will be maintained so long as the owner keeps doing business.
You are charged with hiring a manager for a fast food restaurant. The operations within the store are highly standardized, and employees have very specific job descriptions. The person will be in charge of managing around thirty employees. There is a high degree of turnover among employees so retention will be an important priority. Most employees who work in the restaurant are young with low levels of work experience and few of them view the restaurant business as a full time career. The atmosphere in the restaurant has a fast pace. In this company, managers are often promoted from within and this position is an exception. Therefore, the incoming manager may not receive a warm welcome from employees who were passed over for a promotion and their colleagues. Finally, the position power of the manager will be somewhat limited because employees are unionized. Therefore, the manager will have limited opportunities for distributing pay raises or bonuses.
Required:
a. Identify the leadership traits and behaviors that are desirable for this position.
b. Design an approach to selecting this person.
c. Which methods of employee selection would you use?
Answers
Desirable leadership traits and behaviors for this position might be a motivational leadership style, focused on establishing effective communication and a sense of team belonging.
These leadership characteristics would be essential to encourage work and increase reliability, through effective communication, coordination based on cooperation and employee motivation, which can contribute to the reduction of turnover.
One approach to selecting this manager could be through interviews where the recruiter would identify the candidate's profile and experiences, to hire the person most aligned with the company's objectives.
Employees could be selected through curriculum analysis and interviews, where the working methods and employee training would be explained, in order to find the appropriate profile that would increase integration and motivation in the work environment.
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cash withdraw from bank for personal use
Answers
Answer:
?
Explanation:
Answer:
I'm not sure what you're trying to imply here. I'll assume your question is based on accounting. In this case, your definition matches with Cash drawings.
Stay safe and Merry Christmas! :)
Show all steps of your work. Only writing the final answer is not enough.
Question 1: Consider a good that has an existing demand curve given by Q = 44 – 6p and an existing
supply curve given by Q = 12 + 2p. Suppose there is a change in the demand curve and the new
demand curve is given by Q = 32 – 8p. There is no change in the supply curve.
a) Is the new demand curve a parallel shift from the existing demand curve? Briefly explain your answer.
b) Does the new demand curve lie on the right or left of the existing demand curve? Briefly explain your answer.
c) Determine the existing equilibrium price and quantity before the change in the demand curve.
d) Determine the new equilibrium price and quantity after the change in the demand curve.
Answers
The demand and supply curve give the quantity demanded and supplied at a given price
a) The new demand curve is not parallel to the existing demand curveb) The new demand curve lay on the left of the existing demand curvec) Before the change in the demand curve, the equilibrium price is 4 and the equilibrium quantity is 20d) After the change in the demand curve, the equilibrium price is 2 and the equilibrium quantity is 16Reason:
Question 1:
Existing demand curve function is Q\(_d\) = 44 - 6·p
Existing supply curve function is Q\(_s\) = 12 + 2·p
New demand curve function is Q\(_{new \, d}\) = 32 - 8·p
No change in supply curve
a) The slope of the demand curve is given by the coefficient of p
Two demand curves are parallel if their slopes are equal or the same
The coefficient of p, of the existing demand curve, (-6) is not the same as the coefficient of p, in the new demand curve, (-8), therefore, the slopes are different, and the new demand curve is not parallel to the old demand curve
b) The y-value of the y-intercept of the existing demand curve is 44
The y-value of the y-intercept of the new demand curve is 32
The x-value of the x-intercept of the existing demand curve is \(p = \frac{44}{6} = 7.\overline 3\)
x-value of the x-intercept of the new demand curve is \(p = \frac{32}{8} = 4\)
The y, and x-intercepts of the new demand curve are lower than those of the existing demand curve, therefore;
The new demand curve lie on the left of the existing demand curvec) The equilibrium price before the change in the demand curve is given by the solution of the existing demand and supply curve as follows;
At equilibrium, we have;
Q\(_d\) = Q\(_s\)
Therefore;
44 - 6·p = 12 + 2·p
44 - 12 = 2·p + 6·p
32 = 8·p
\(p = \dfrac{32}{8} = 4\)
The equilibrium price, p = 4
The equilibrium quantity is 44 - 6 × 4 = 12 + 2 × 4 = 20
The equilibrium quantity = 20
d) The new equilibrium price is given as follows;
Q\(_s\) = Q\(_{new \, d}\)
We have;
12 + 2·p = 32 - 8·p
2·p + 8·p = 10·p = 32 - 12 = 20
\(p = \dfrac{20}{2} = 2\)
p = 2
The equilibrium price, p = 2
The equilibrium quantity = 12 + 2× 2 = 16
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zoom has been criticized for opening up its platform for use by non-paying users why would zoom do this and why would paying customers care?
Answers
Zoom has been successful in getting customers to pay for its service due to its subscription based business strategy. This is an illustration of how a business's business model can influence its choice of course.
Why would Zoom clients pay for support services?The newest example of a company whose sales have increased as a result of the pandemic is Zoom. In part to encourage individuals to utilize its service and pay for it, it has made it simpler for non-paying users to host group meetings. Even though it may anger some of its current consumers, Zoom is aiming to expand its company by luring in new users.
Because they worry that these users might not be as vigilant about security and privacy, paid consumers may be concerned that Zoom is opening up its platform to nonpaying users. Additionally, the business has come under fire for its security and privacy policies.
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Small Business Management (1)
Please refer attached
Answers
Small business management refers to the process of overseeing and operating a small business. It involves various activities such as planning, organizing, leading, and controlling business operations to achieve the goals of the organization.
Small business management includes various functional areas such as marketing, finance, human resources, and operations. In order to effectively manage a small business, it is important to have a clear understanding of the business environment, competition, customer needs, and available resources. This requires conducting market research, identifying target markets, developing a marketing strategy, managing finances, and developing a team of skilled employees.
Effective small business management also involves establishing clear communication channels, delegating responsibilities, and establishing performance metrics to measure success. The key to successful small business management is to stay focused, prioritize tasks, and be flexible in adapting to changing business conditions. Overall, small business management is critical for the success of any small business. It requires a combination of skills, knowledge, and experience to effectively manage a small business and achieve its goals.
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(12p)Suppose at Columbia University, grade point average (GPA) and SAT scores are related by the conditional expectation E(GPA∣SAT)=.90+.001SAT.
(a) (4p) Find the expected GPA when SAT =1600.
(b) (4p) Find E(GPA∣SAT=2200)
(c) (4p) If the average SAT in the university is 2000 , what is the average GPA?
Answers
Columbia a) Expected value of GPA given that SAT = 1600 is computed as:E(GPA) = E(E(GPA | SAT )) = 0.9 + 0.001*1600 = 2.5,Therefore the expected GPA here is 2.5 b) E(GPA | SAT = 2200) = 0.9 + 0.001*2200 = 3.1
Therefore the expected GPA here is 3.1c) If the average SAT in the university is 2000, the average GPA is computed as:E(GPA) is computed as:E( E ( GPA | SAT) )= E ( 0.9 + 0.001 SAT)= 0.9 + 0.001E(SAT)= 0.9 + 0.001*2000= 2.9 Therefore the expected GPA or the average GPA here is 2.9 King's College was established in Manhattan's Trinity Church grounds in 1754. One of nine colonial colleges founded before the Declaration of Independence, it is a member of the Ivy League. Columbia is one of the most esteemed universities in the world. Columbia University, usually known as Columbia, is a private Ivy League research university located in New York City. Columbia University is officially recognised as Columbia University in the City of New York.
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Which of the following is true of good salespeople?
A. They know how to oversell their product so the customer can't say no.
B. They have tenacity but know when to walk away and move on to the next sales prospect.
C. They make promises they may not be able to keep in order to secure a sale.
D. They don't leave voice mail messages.
Answers
Answer:
Correct answer is A, They know how to oversell their product so the customer can't say no. Explanation: Good salespeople are those who sell more and more of their company's product.
Discuss several ways to punish white-collar crimes discussed in the text. Discuss the pros and cons of each.
Answers
The several ways to punish white-collar crimes are;
fines home detention community confinementWhat is white-collar crimes?
Financially driven, nonviolent or indirectly violent crime committed by people, businesses, and government officials is referred to as white-collar crime.These offenses cover a wide range of fraudulent practices, including money laundering, health care fraud, mortgage fraud, and securities fraud.
However, the scope goes beyond these and encompasses additional offenses like insider trading, tax evasion, and embezzlement. Whenever at least one victim experienced significant financial harm, the federal sentencing guidelines recommend a longer jail term.
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Burcham Corporation reported pretax book income of $600,000. Tax depreciation exceeded book depreciation by $400,000. In addition, the company received $300,000 of tax-exempt municipal bond interest. The company's prior-year tax return showed taxable income of $50,000. Compute the company's book equivalent of taxable income. - Use this number to compute the company's total income tax provision or benefit, assuming a tax rate of 34%.
Answers
Answer: See explanation
Explanation:
Pre-tax book income = $600,000
Less: Tax exempt interest = $300,000
Book equivalent of taxable income = $600,000 - $300,000 = $300,000
The company's total income tax provision or benefit, assuming a tax rate of 34% will be:
= 34% × $300,000
= 0.34 × $300,000
= $102,000
define federal deposit insurance corporation.
Answers
1. If the two totals of a trial balance are equal, does it mean that there are no errors in the accounting records? Explain
2. Assume that when a purchase of supplies of $2,650 for cash was recorded, both the debit and the credit were journalized and posted as $2,560. (a) Would this error cause the trial balance to be out of balance? (b) Would the trial balance be out of balance if the $2,650 entry had been journalized correctly but the credit to Cash had been posted as $2,560?
Answers
1. If the two totals of a trial balance are equal, it does not mean that the accounting records are free of errors.
2a) The error of commission cannot cause the trial balance to be out of balance.
2b) If the $2,650 entry had been journalized correctly but the credit to the Cash had been posted as $2,560, the trial balance would not balance because another account was debited with $2,650.
What are the errors that do not affect the trial balance?The errors that do not affect the trial balance or cause it to be out of balance include:
Errors of principleErrors of original entryErrors of omissionErrors of commissionCompensating errors.A trial balance will be out of balance if an error is made on one side of the ledger.
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ABC stock is currently trading at an all-time high price of $150 per share. Your client contacts you about the stock, stating that he believes that the stock is ripe for a sell off after its next quarterly news announcement. He has $10,000 to use for a trade, but does not want to lose more than this amount. The BEST recommendation to the client is to:
Answers
Answer:
Buy ABC Puts
Explanation:
Based on the information provided within the question it can be said that the best recommendation to the client is to Buy ABC Puts. This is mainly due to the fact that the client specifically stated that he does not want to lose more than this investment. Therefore Puts are the best option since they are purchased as a speculation on a market price decline, and the customer can only lose the premium paid if the market does the opposite and ends up rising. While other options like shorting or selling can lead to unlimited loss potential.
An economy that has government collecting taxes and making regulations is called a
Answers
Answer:
If I recall it may be called Revenue.
Explanation:
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Case: Making Difficult Decisions in Hard Times
Read and discuss the following scenario:
You are on the top management team of a medium-size company that manufactures cardboard boxes,
containers, and other cardboard packaging materials. Your company is facing increasing levels of
competition for major corporate customer accounts, and profits have declined significantly. You have tried
everything you can to cut costs and remain competitive, with the exception of laying off employees. Your
company has had a no-layoff policy for the past 20 years, and you believe it is an important part of the
organization’s culture. However, you are experiencing mounting pressure to increase your firm’s
performance, and your no-layoff policy has been questioned by shareholders.
Even though you haven’t decided whether to lay off employees and thus break with a 20-year tradition for
your company, rumors are rampant in your organization that something is afoot, and employees are worried.
You are meeting today to address this problem.
Tasks to perform:
1. Develop a list of options and potential courses of action to address the heightened competition and decline
in profitability that your company has been experiencing.
2. Choose your preferred course of action, and justify why you will take this route.
3. Describe how you will communicate your decision to employees.
4. If your preferred option involves a layoff, justify why. If it doesn’t involve a layoff, explain why.
Organizational culture comprises the shared set of beliefs, expectations, values, norms, and work routines
that influence how members of an organization relate to one another and work together to achieve
organizational goals.
In essence, organizational culture reflects the distinctive ways in which organizational members perform
their jobs and relate to others inside and outside the organization. It may, for example, be how customers in a
particular hotel chain are treated from the time they are greeted at check-in until they leave; or it may be the
shared work routines that research teams use to guide new product development. When organizational
members share an intense commitment to cultural values, beliefs, and routines and use them to achieve their
goals, a strong organizational culture exists. When organizational members are not strongly committed to a
shared system of values, beliefs, and routines, organizational culture is weak.
/
/
/
Tasks to perform:
1. Develop a list of options and potential courses of action to address the heightened competition and decline
in profitability that your company has been experiencing.
2. Choose your preferred course of action, and justify why you will take this route.
3. Describe how you will communicate your decision to employees.
4. If your preferred option involves a layoff, justify why. If it doesn’t involve a layoff, explain why.
Answers
Answer:
c because I did this one an I chose a but it was c
what is your analysis on walmart financial health as of january 2021 compare to 2022
Answers
I think the analysis is good compared to the year of 2021