Answer:
5000
Explanation:
Took the test
Riku Company manufactures two products. The budgeted per-unit contribution margin for each product follows: Super Supreme Sales price $ 68 $ 94 Variable cost per unit (38 ) (44 ) Contribution margin per unit $ 30 $ 50 Riku expects to incur annual fixed costs of $540,000. The relative sales mix of the products is 70 percent for Super and 30 percent for Supreme. Required Determine the total number of products (units of Super and Supreme combined) Riku must sell to break even. How many units each of Super and Supreme must Riku sell to break even?
Answer:
Super= 10,500
Supreme= 4,500
Explanation:
Giving the following information:
Spuer:
Contribution margin= $30
Sales proportion= 0.70
Supreme:
Contribution margin= $50
Sales proportion= 0.30
Fixed costs= $540,000
First, we need to calculate the break-even point in units for the whole company:
Break-even point (units)= Total fixed costs / Weighted average contribution margin
Break-even point (units)= 540,000 / (0.7*30 + 0.3*50)
Break-even point (units)= 15,000 units
Now, for each product:
Super= 15,000*0.7= 10,500
Supreme= 15,000*0.3= 4,500
When a production possibilities frontier is bowed out it shows... Group of answer choices that there is no transaction cost going from one good to the next. an example of increasing opportunity cost. that resources are perfectly shiftable from the production of one good to another. All of these answers are correct.
Answer:
that resources are perfectly shiftable from the production of one good to another.
Explanation:
Production possibilities frontier defines that is a graph showing all the different production combinations of two products which can be manufactured using present resources and technology. The production possibilities frontier incorporates scarcity, option and trade-off principles.
In other term Production possibilities frontier Indicates the cumulative production mixture of different products or services that an economy can achieve by making optimal use of all available resources.
A salesperson obtains several listings by going door-to-door in a neighborhood and warning residents that property values will drop once members of minority groups begin moving into the neighborhood. This would be considered:
Answer:
Blockbusting
Explanation:
Blockbusting is defined as a practice where agents persuade owners to sell properties at a lower price by creating fears that people of another race or class will enter the area and property prices will drop.
The properties are sold afterwards for higher prices, therefore the agent makes profit.
This is a tactic used in the United States by real estate agents to convince white people sell property at a cheap price by creating fear of minorities entering the neighbourhood
An individual client purchased his residence 5 years ago for $200,000. For 3 of the last 5 years, the client rented out the property for income, and lived in the house of 2 of those years. The client sells the house for $500,000. How much of the gain is taxable
2 Points
Which of the following is a restriction on both workers and producers that
keeps the labor market from being a completely free market?
A. Workers' reluctance to move.
B. The minimum wage.
C. Unemployment insurance.
w
D. The reserve wage.
SUBMIT
Answer:
The minimum wage
Explanation:
Darrell works for a company that promotes an entrepreneurial culture. Employees are encouraged to discuss new ideas. Development time is provided on the job for those ideas that float to the top. Employees who use their creative talents to generate ideas and create products within large companies are called
Answer:
intrapreneurs
Explanation:
Intrapreneurs are people that work in a big company developing new ideas using the resources of the organization to improve its performance and results. According to this, the answer is that employees who use their creative talents to generate ideas and create products within large companies are called intrapreneurs because they work in a company developing ideas to generate positive results for it.
I am 48 years, 48 weeks, 48 days and 48 hours old. How old am I?
Answer:
53
Explanation:
When JFCs consider incorporating combinations of contiguous and noncontiguous AOs with linear and nonlinear operations, they choose the combination that fits the operational environment and the purpose of the operation. Which of the following combinations describe a typical sustained offensive and defensive operation against powerful, echeloned, and symmetrically organized forces and where the forward line of own troops focus combat power and protect sustainment functions?
1. Nonlinear operations in noncontiguous AOs
2. Nonlinear operations in contiguous AOs
3. Linear operations in contiguous
4. AOs linear operations in noncontiguous AOs
Answer:
The correct answer is C)
Linear operations in contiguous AOs.
Explanation:
JFC stands for Joint Forces Command.
AO in United States Army nomenclature means Area of Operations.
Linear Operations is a military terminology which refers to the execution of operations using their own troops engaged in combat in a forward fashion. Linear operations military tactics allow commanders to channel and maintain combat power toward enemy forces along with adjacent units. Another word for adjacent units is Adjacent Operations.
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Q2. 90% of flights depart on time. 80% of flights arrive on time. 75% of flights depart on time and arrive on time. Are the events, departing on time and arriving on time, independent?
Answer:
Events departing on time and arriving on time are NOT independent.
Explanation:
If two events A and B are independent, then
P(A and B) = P(A) * P(B)
Here
A = flights depart on time
B = flights arrive on time
P(A) = 0.90
P(B) = 0.80
If A and B are independent, then
P(A and B) = P(A) * P(B) = 0.9 * 0.8 = 0.72
Since
the observed value of P(A and B) is 0.75,
assuming that there are no observation errors, we conclude that the two events A and B are not independent.
Background information: On January 1, 2015, Truesdale, Inc., purchased a piece of machinery for use in operations. The total acquisition cost was $33,000. The machine was expected to produce a total of 60,000 units in during its life. The machine actually produced 16,000 units during 2015, 23,000 units during 2016, and 21,000 units during 2017. The machinery has a salvage value of $3,000. EventActivity Type Using the units-of-production method, the amount of depreciation that should be recorded during 2015 is approximately ____. select Using the units-of-production method, the book value of the machinery at December 31, 2016 is approximately _____.
Answer:
The book value will be "13,500". The further explanation is given below.
Explanation:
The given values are:
Total acquisition cost,
= $33,000
Expected,
= 60,000
Depreciation expense per unit will be:
= [tex]\frac{33000-3000}{60000}[/tex]
= [tex]0.50 \ per \ unit[/tex]
For 2015,
Depreciation expense will be:
= [tex]16000\times 0.50[/tex]
= [tex]8000[/tex]
For 2016,
Depreciation expense will be:
= [tex]23000\times 0.50[/tex]
= [tex]11500[/tex]
Now,
⇒ [tex]Book \ value = Cost - Accumulated \ Depreciation[/tex]
⇒ [tex]=33000 - (8000+11500)[/tex]
⇒ [tex]=13500[/tex]
Wavetel, a hardware company based in Europe, acquires Telior, its competitor in a neighboring country. Identify the market-entry strategy that best describes Wavetel's move. Joint venture Direct foreign investment Franchising Indirect exporting
Answer:
Direct foreign investment.
Explanation:
A foreign direct investment commonly used by abbreviation FDI refers to a cross border investment in a business venture by a firm or individual of the country. In a broad sense, FDI occurs when a stockholder establishes overseas business activities or possesses foreign stock holdings in a foreign firm. FDI is a crucial component of global economic development since it establishes secure and long term trade linkages. FDI is an essential factor for the transfer of technology and infrastructure development and between different nations of the world. As per the question, Wavetel acquires a business firm in a neighboring country and it is a classic example of FDI.
which bear is best? Beets. Bears. Battlestar galactica.
Answer:
black bear
Explanation:
I've watched the office 10 times
Answer:
N/A
Explanation:
That's a ridiculous question.
Kacey grew up sailing and still loves it today. After securing a great job after graduation, he started saving for his own sailboat. He had his eye on one in particular and had saved about half what he needed when his company transferred him to Phoenix, which didn't have the same recreation options. Which of the following best describes Kacey?
a. Kacey is both in the market and the target market for the sailboat.
b. Kacey is not in the market for the sailboat yet.
c. Kacey was in the market for the sailboat prior to his move to Phoenix.
d. Kacey is in the market for this sailboat but not the target market
Answer:
b.
Explanation:
Based on the scenario at hand and the different options listed it can be said that the one that best describes Kacey is that Kacey is not in the market for the sailboat yet. That is because even though Kacey loves sailing, where she currently lives (Phoenix) does not have places to sail. Also, she does not even have the money to buy a sailboat yet and therefore is not in the market to buy one at the current moment in her life.