acme inc produces specialized instrument for specific use. the production rate is 7,482 units per day. annual demand for the instrument is 55,731 units per year. the setup cost the production run is $3,059, and the variable cost is $4.49 per unit. acme inc interest rate is 20.25% per year. assume that there are 269 working days per year. what is the optimal size of the production run for this specialized instrument?

Answers

Answer 1

The optimal size of the production run for the specialized instrument using the EOQ model is approximately 1189 units, considering factors such as annual demand, setup cost, variable cost per unit, and interest rate to minimize total production and inventory costs.

The optimal size of the production run for the specialized instrument can be determined using the Economic Order Quantity (EOQ) model. The EOQ formula takes into account the production rate, annual demand, setup cost, variable cost per unit, and the interest rate.

To calculate the EOQ, we can use the following formula:

EOQ = √((2 * annual demand * setup cost) / (variable cost per unit * interest rate))

Let's plug in the given values:
Annual demand = 55,731 units
Setup cost = $3,059
Variable cost per unit = $4.49
Interest rate = 20.25% (0.2025)

EOQ = √((2 * 55731 * 3059) / (4.49 * 0.2025))

Simplifying this equation, we find:

EOQ ≈ 1188.66 units

Therefore, the optimal size of the production run for this specialized instrument is approximately 1189 units.

The EOQ represents the order quantity that minimizes the total cost of production and inventory. It considers the trade-off between setup costs (incurred when starting production) and holding costs (incurred while inventory is held). By producing and ordering 1189 units at a time, Acme Inc can minimize the total cost of production and inventory for this instrument.

It's important to note that the EOQ assumes that demand is constant and known in advance. Additionally, other factors such as storage capacity and production capacity should also be considered in practice.

To know more about Economic Order Quantity (EOQ) model, refer to the link below:

https://brainly.com/question/29489377#

#SPJ11


Related Questions

Food banks, food stamps, government bailouts, and unemployment insurance are responses to?

Answers

Food banks, food stamps, government bailouts, and unemployment insurance are responses to various socio-economic issues, such as food insecurity and unemployment. These programs are designed to provide support and assistance to individuals and families who are facing financial hardships.

Food banks, for example, are non-profit organizations that collect and distribute food to those in need. They help address the problem of food insecurity by providing essential food items to individuals and families who may not have enough resources to afford nutritious meals.

Food stamps, also known as the Supplemental Nutrition Assistance Program (SNAP), are government assistance programs that provide eligible individuals and families with funds to purchase food. SNAP helps ensure that low-income individuals have access to nutritious food and reduces the risk of hunger.

Government bailouts are financial support provided by the government to businesses or industries that are facing financial distress. This is done to prevent economic collapse and stabilize the economy. Bailouts aim to protect jobs and ensure the continued operation of vital industries during times of economic crisis.

Unemployment insurance is a government program that provides financial assistance to individuals who have lost their jobs. It offers temporary income replacement to help individuals meet their basic needs while they search for new employment. Unemployment insurance serves as a safety net for workers who are facing unemployment due to various reasons such as company closures, layoffs, or economic downturns.

Overall, these programs are implemented to alleviate the negative impacts of economic challenges and provide support to individuals and communities in need.

More on Food banks: https://brainly.com/question/18244168

#SPJ11

____ involves analyzing activity sequences, activity resource estimates, and activity duration estimates to create the project schedule.

Answers

Developing the project schedule involves analyzing activity sequences, activity resource estimates, and activity duration estimates to determine the sequence and timeline of project activities.

Project scheduling is a critical step in project management that aims to create a well-structured timeline for completing project activities. It involves analyzing various factors to determine the order in which activities should be performed, estimating the resources required for each activity, and estimating the duration of each activity.

Firstly, activity sequencing is performed to identify the logical order in which activities should be executed. This involves determining dependencies between activities and establishing the sequence of activities based on their relationships. The next step is to estimate the resources required for each activity, considering factors such as labor, materials, equipment, and any other necessary resources. Finally, activity duration estimates are made by estimating the time required to complete each activity based on historical data, expert judgment, or other estimation techniques.

By analyzing activity sequences, resource estimates, and duration estimates, project managers can create a comprehensive project schedule that outlines the start and end dates for each activity, enabling effective planning and execution of the project.

Learn more about project schedule from the given link

https://brainly.com/question/30158681

#SPJ11.

To solve language-related barriers, companies in international markets should use __________________ advertising agencies.

Answers

To solve language-related barriers, companies in international markets should use local or multicultural advertising agencies.

Language-related barriers  can pose significant challenges for companies operating in international markets. To overcome these barriers and effectively communicate with diverse audiences, it is beneficial to collaborate with advertising agencies that have expertise in the local language and culture. Local advertising agencies are familiar with the nuances of the target market, including language preferences, cultural sensitivities, and communication styles. Their understanding of the local market can help tailor advertising campaigns to resonate with the target audience effectively.

Additionally, multicultural advertising agencies specialize in addressing language and cultural diversity in international markets. These agencies have a deep understanding of various cultures and languages, enabling them to create campaigns that appeal to diverse audiences. They can provide insights and strategies to navigate language-related barriers and ensure that advertising messages are accurately translated and culturally relevant.

By working with local or multicultural advertising agencies, companies can enhance their communication efforts, establish meaningful connections with customers, and minimize the risk of language-related misunderstandings or cultural insensitivity. Collaborating with agencies that have language expertise and cultural knowledge can contribute to the success of marketing campaigns in international markets.

Learn more about diversity here:

https://brainly.com/question/9279105

#SPJ11

One company's purchase of the property and obligations of another company is a(n) .__________.

Answers

One company's purchase of the property and obligations of another company is an "acquisition" or a "business acquisition."

When one company acquires the property and obligations of another company, it is typically referred to as an acquisition. In this transaction, the acquiring company purchases the assets and liabilities of the target company, which may include tangible assets (such as real estate and equipment) and intangible assets (such as intellectual property rights or customer contracts).

The acquisition can take various forms, such as a merger, where two companies combine to form a new entity, or an acquisition of one company by another, where the acquiring company maintains its separate legal identity.

During an acquisition, the acquiring company assumes ownership of the target company's assets and assumes responsibility for its obligations, such as debts, contracts, and legal liabilities. The terms and conditions of the acquisition are usually outlined in a legal agreement, such as a purchase agreement or a merger agreement.

Acquisitions can be strategic moves to expand market presence, gain access to new technologies or resources, increase customer base, or eliminate competition. They can also provide opportunities for synergies, cost savings, and increased profitability.

When one company purchases the property and obligations of another company, it is known as an acquisition. This transaction allows the acquiring company to assume ownership of the target company's assets and liabilities, facilitating various strategic and operational objectives.

to know more about the company visit:

https://brainly.com/question/6528766

#SPJ11

an​ entrepreneur's decision to exit the venture may be based on the fact that he or she hopes to capitalize financially on the investment in the venture. this is known as​ .

Answers

An entrepreneur's decision to exit a venture in the hopes of capitalizing financially on their investment is known as an "exit strategy." Exit strategies are plans put in place by entrepreneurs to maximize their return on investment when leaving a business.

There are several common exit strategies, including selling the venture to another company or investor, taking the company public through an initial public offering (IPO), or merging with another business. By exiting the venture, the entrepreneur aims to reap the financial benefits of their hard work and investment. It is important for entrepreneurs to carefully consider and plan their exit strategy to ensure a smooth transition and to maximize their financial gains

Exit strategies often involve strategic timing and negotiation to achieve the desired outcome. In summary, an entrepreneur's decision to exit a venture with the intention of capitalizing financially on their investment is referred to as an exit strategy.

To know more about Entrepreneur visit:-

https://brainly.com/question/23711861

#SPJ11

In a budget, the purchase of a computer, printers, and cameras would fall into which of the following cost categories

Answers

The purchase of a computer, printers, and cameras would fall into the category of capital expenditures in a budget.

Capital expenditures refer to investments in long-term assets that provide future benefits to a business or organization. These assets are typically durable and have a useful life of more than one year. Computers, printers, and cameras are considered capital assets because they are essential tools for business operations and are expected to last for a significant period of time.

When creating a budget, it is important to categorize expenses appropriately to track and manage spending. Capital expenditures are typically budgeted separately from other types of expenses, such as operational expenses or recurring costs. This is because capital expenditures involve larger one-time investments that have a long-term impact on the organization's finances.

Therefore, when planning a budget, the purchase of a computer, printers, and cameras would fall into the category of capital expenditures. It is important to consider these expenses separately and allocate funds accordingly to ensure the organization has the necessary resources to invest in these long-term assets.

To know more about Capital expenditures visit:

https://brainly.com/question/32154085

#SPJ11

Interest expense appears in which financial statement? Select one: A. Statement of stockholders' equity B. Balance sheet C. Income statement D. Statement of cash flows E. All of the above

Answers

Interest expense appears in the Income statement. Interest expense refers to the cost incurred by an entity for borrowing money, usually expressed as a percentage of the borrowed sum.

In financial accounting, interest expense is a non-operating expense shown in the income statement that represents the total amount of interest paid over a given period on debt obligations. A company's net income is adjusted by the interest expense, which is the amount subtracted from revenue in the income statement. Interest expense will appear on the income statement along with the other operating and non-operating expenses, and this will reduce the income earned by the company.

As it is a component of the income statement, it is shown under the head of expenses. The income statement is one of the four basic financial statements that provide information about a company's financial position. The income statement records the company's revenues and expenses over a specific period, such as a month, a quarter, or a year. The balance sheet, cash flow statement, and statement of stockholders' equity are the other three financial statements that help in providing an understanding of the financial position of the company.

To know more about Income visit:

https://brainly.com/question/2386757

#SPJ11

The eurozone is remarkably comparable to the united states in terms of:____.

a. population size.

b. international trade share.

c. gdp.

d. all of the options

Answers


The correct answer is (d). all of the options. The eurozone and the United States are comparable in terms of population size, international trade share, and GDP.


1. The eurozone and the United States have similar population sizes. The eurozone is composed of 19 European countries, and as of 2021, it has a population of over 342 million people. The United States has a population of approximately 331 million people.
2. Both the eurozone and the United States have a significant share of international trade. They are major players in the global economy, with a substantial portion of their GDP derived from international trade.
3. Additionally, the eurozone and the United States have comparable GDPs. As of 2021, the eurozone has a GDP of around $13.2 trillion, while the United States has a GDP of approximately $21.4 trillion.

In summary, the eurozone and the United States are remarkably comparable in terms of population size, international trade share, and GDP.

To learn more about population size

https://brainly.com/question/31262022

#SPJ11

Because of ________, a company cannot make its product illegally similar to a competitor's already established product.

Answers

Because of Intellectual property laws, a company cannot make its product illegally similar to a competitor's already established product.

Intellectual property laws prohibit a company from creating a product that is unlawfully similar to a competitor's established product. These laws safeguard the rights of innovators, creators, and businesses, granting them exclusive rights over their inventions, designs, trademarks, and copyrights.

By protecting intellectual property, these laws promote innovation, encourage fair competition, and provide legal remedies for infringement. Companies must respect these laws to maintain a level playing field in the marketplace and prevent unauthorized copying or imitation of existing products.

Violating intellectual property laws can lead to legal consequences, such as lawsuits, financial penalties, and damage to a company's reputation.  Therefore, it is crucial for businesses to understand and adhere to these laws to ensure their products are distinct and legally compliant.

To learn more about property

https://brainly.com/question/29611041

#SPJ11

A situation in which borrowers cannot find credit or must pay very high interest rates for loans is called a:_______

Answers

A situation in which borrowers cannot find credit or must pay very high interest rates for loans is called a credit crunch or a credit squeeze.

During a credit crunch, lenders become cautious and tighten their lending standards, making it difficult for borrowers to access credit. This can occur during economic downturns, financial crises, or when lenders are concerned about borrowers' ability to repay loans. As a result, borrowers may be denied credit or may only be able to obtain loans at very high interest rates.

One example of a credit crunch is the 2008 financial crisis. Banks and other financial institutions faced significant losses, leading to a decrease in the availability of credit. Borrowers found it challenging to obtain loans, and those who were approved had to pay higher interest rates due to increased risk.

Credit crunches can have significant impacts on individuals, businesses, and the overall economy. They can restrict economic growth, limit investment, and increase financial stress for borrowers. Governments and central banks often implement measures to ease credit conditions and stimulate lending during credit crunches to mitigate these effects.

to know more about interest rate visit:

https://brainly.com/question/14556630

#SPJ11

a company has net sales of $900,000 and average accounts receivable of $300,000. what is its accounts receivable turnover for the period?

Answers

To calculate the accounts receivable turnover for the period, you can divide the net sales by the average accounts receivable. In this case, the net sales is 900,000 and the average accounts receivable is 300,000.

Accounts Receivable Turnover = Net Sales / Average Accounts Receivable
Plugging in the values, we get:
Accounts Receivable Turnover = 900,000 / 300,000
Simplifying the division, we find that:
Accounts Receivable Turnover = 3

Therefore, the accounts receivable turnover for the period is 3.

learn more about receivable turnover on :

https://brainly.com/question/27523896

#SPJ11

The only way to accumulate enough money to do all of the things you want to do late in life is to?

Answers

To accumulate enough money to do all of the things you want to do later in life, it's crucial to set financial goals, create a budget, save consistently, minimize debt, invest wisely, and continuously educate yourself on personal finance.

These steps will help you make sound financial decisions and build the wealth you need to achieve your goals:


1. Set financial goals:

Start by defining your long-term financial objectives.

These could include saving for retirement, buying a house, or funding your children's education.

By setting specific goals, you can better plan your financial journey.

2. Create a budget:

Establish a budget that outlines your income and expenses.

This will help you identify areas where you can cut back on spending and save more money.

Stick to your budget and regularly review and adjust it as needed.

3. Save consistently:

Develop a habit of saving money regularly.

Set aside a portion of your income each month and put it into a savings account or investment vehicle that aligns with your goals.

The earlier you start saving, the more time your money will have to grow through compounding interest.

4. Minimize debt:

Avoid excessive borrowing and focus on paying off existing debts.

High-interest debts, such as credit card balances, can hinder your ability to save and accumulate wealth.

Prioritize paying off debts with the highest interest rates first.

5. Invest wisely:

Consider investing a portion of your savings to grow your wealth.

Research different investment options such as stocks, bonds, mutual funds, or real estate.

It's important to diversify your investments to mitigate risk and maximize returns.

6. Educate yourself:

Continuously educate yourself on personal finance and investment strategies.

Attend workshops, read books, and consult with financial advisors to make informed decisions.

To know more about retirement visit;

https://brainly.com/question/31284848

#SPJ11

the definition of a project as provided by pinto (2019): a project is a unique venture with a beginning and end, conducted by people to meet established goals within parameters of cost, schedule, and quality. a project can be considered to be any series of activities and tasks that: have a specific objective to be completed within certain specifications have defined start and end dates have funding limits, if applicable consume human and nonhuman resources, such as money, people, equipment are multifunctional (i.e., cut across several functional lines) how does this definition fit the movie personalities and events versus just operations management?

Answers

Projects consume human and nonhuman resources, such as money, people, and equipment, and they are multifunctional, meaning they cut across several functional lines.

When considering the movie personalities and events versus just operations management, this definition of a project still applies.

In the context of a movie, the production of the film can be seen as a project. It has a specific objective, which is to create an entertaining and engaging movie for the audience. The production process has defined start and end dates, as the filming, editing, and post-production activities have a timeline.

The movie also has established goals within parameters of cost, schedule, and quality, as the production team works to ensure the movie is made within the allocated budget, adheres to the filming schedule, and meets the desired quality standards.

Additionally, a movie production involves a series of activities and tasks that have certain specifications. This includes casting the right personalities, scripting, filming scenes, editing, and marketing the movie.

These activities have funding limits, as the production team needs to allocate resources appropriately to cover expenses such as salaries, equipment, and marketing campaigns.
Moreover, a movie production consumes both human and nonhuman resources.

People involved in the production include the actors, directors, producers, and crew members, who all contribute their skills and time to make the movie. Nonhuman resources like cameras, lighting equipment, and props are also necessary to bring the movie to life.

Lastly, movie productions are multifunctional as they involve various departments and functions, such as production, cinematography, costume design, set design, and marketing.

These functional lines collaborate to ensure the successful completion of the movie project.
In summary, the definition of a project provided by Pinto (2019) fits the concept of movie personalities and events. A movie production can be considered a project as it encompasses all the characteristics mentioned in the definition, including specific objectives, defined timelines, cost considerations, resource consumption, and multifunctionality.

To more about production visit:

https://brainly.com/question/31859289

#SPJ11

The line that fits best between the points in a scatterplot is the line that gives the __________ smallest largest sum of the squared ___________ vertical horizontal distances between each point and the line.

Answers

The line that fits best between the points in a scatterplot is the line that gives the smallest sum of the squared vertical distances between each point and the line. This line is also known as the line of best fit or the regression line.

To understand why the line with the smallest sum of squared vertical distances is the best fit, let's break it down step-by-step:
1. Start by plotting all the points on a scatterplot.
2. Draw a line that seems to go through the middle of the points, trying to evenly distribute the points above and below the line.
3. Measure the vertical distance between each point and the line.
4. Square each of these distances to get rid of any negative signs and to focus on the magnitude of the distances.
5. Add up all the squared distances.
6. Repeat steps 2-5 for different lines, adjusting the position and slope of the line each time.
7. The line with the smallest sum of squared distances is the best fit line because it minimizes the overall difference between the points and the line.
Let's consider an example to illustrate this concept. Suppose we have a scatterplot of students' hours of studying and their corresponding test scores. We want to find the line that best represents the relationship between the two variables.
After plotting the points, we draw a line that seems to capture the general trend. Then, we measure the vertical distances between each point and the line. We square these distances and add them up. We repeat this process for different lines until we find the line that gives us the smallest sum of squared distances.
The line that minimizes the sum of squared distances is the line that best represents the relationship between the hours of studying and the test scores in the scatterplot.

To more about scatterplot visit:

https://brainly.com/question/32544710

#SPJ11

Why is accounting standard setting a political process?

Answers

Political nature of accounting standard setting arises from the involvement of multiple stakeholders, conflicting interests, regulatory influences, and the need for global coordination.

Accounting standard setting is considered a political process due to several reasons:

Stakeholder Influence: Various stakeholders, such as businesses, investors, regulators, professional accounting organizations, and government entities, have vested interests in accounting standards.

Conflicting Interests: Different stakeholders may have conflicting interests and priorities. For example, businesses may prefer accounting standards that portray their financial performance more favorably, while investors may seek standards that provide more transparent and comparable information.

Regulatory and Political Environment: Accounting standard setting is subject to regulatory oversight and can be influenced by political dynamics. Government bodies and regulatory agencies often have the authority to set accounting standards or oversee the standard-setting process.

International Coordination: Accounting standard setting has become increasingly globalized, with the convergence of international accounting standards. The coordination and harmonization of accounting standards across different jurisdictions involve complex political dynamics, as countries strive to balance national interests, regulatory sovereignty, and the need for global comparability and consistency.

Standard-Setting Bodies: The bodies responsible for accounting standard setting, such as the Financial Accounting Standards Board (FASB) in the United States or the International Accounting Standards Board (IASB) globally, are composed of individuals with diverse backgrounds and expertise.

To learn more about global

https://brainly.com/question/28329170

#SPJ11

Using the sml approach, what is the expected return on a stock if its beta is equal to zero?

Answers

Using the SML (Security Market Line) approach, the expected return on a stock with a beta equal to zero can be determined. Beta measures the systematic risk of a stock, which is the risk associated with the overall market movements.

When the beta of a stock is zero, it implies that the stock has no correlation with the market movements. This means that the stock's returns are not influenced by changes in the market. As a result, the stock is considered risk-free since it does not carry any systematic risk.

The risk-free rate is a key component in calculating the expected return on a stock with a beta of zero. It represents the return an investor would earn by investing in a risk-free asset, such as a government bond. In the SML approach, the risk-free rate is used as a benchmark for evaluating the expected returns of different stocks.

As the beta of the stock is zero, its expected return will be equal to the risk-free rate. This is because the stock does not have any systematic risk, and its returns are solely driven by factors specific to the stock itself.

In conclusion, if a stock's beta is equal to zero, the expected return on the stock, using the SML approach, will be equal to the risk-free rate. This means that the stock's returns are not affected by market movements, making it a risk-free investment.

To know more about Beta measures visit:

https://brainly.com/question/10593001

#SPJ11

Every year, General Mills issues a report discussing how the firm has performed against its own standards of conscious marketing. This report is part of General Mills' ________ phase of its strategic marketing planning process. Group of answer choices

Answers

The Evaluation phase of the strategic marketing planning process is where General Mills issues a report discussing how the firm has performed against its own standards of conscious marketing, as mentioned in the question. Hence, the correct answer is the Evaluation phase of its strategic marketing planning process.

Every year, General Mills issues a report discussing how the firm has performed against its own standards of conscious marketing. This report is part of General Mills' Evaluation phase of its strategic marketing planning process.

What is the Marketing Planning Process?

A marketing plan is a report that outlines a company's marketing approach. A marketing strategy is a systematic approach to implementing a marketing strategy that focuses on the most significant opportunities to increase a company's sales and achieve a sustainable competitive advantage.

The marketing planning process is a logical approach to creating and implementing a marketing plan. The marketing plan should identify the target audience and the specific market segment in which the company will compete. Marketing strategies must be implemented that are tailored to the company's specific needs, target audience, and market segment.

The Marketing Planning Process has three phases:

1. Planning Phase: In this phase, an organization's marketing objectives are established, the target audience is identified, the current market environment is analyzed, and a marketing strategy is developed.

2. Implementation Phase: In this phase, the marketing plan is put into effect by developing and executing marketing tactics.

3. Evaluation Phase: In this phase, the effectiveness of the marketing plan is evaluated, and the plan is adjusted to improve its overall effectiveness.

The Evaluation phase of the strategic marketing planning process is where General Mills issues a report discussing how the firm has performed against its own standards of conscious marketing, as mentioned in the question. Hence, the correct answer is the Evaluation phase of its strategic marketing planning process.

Learn more About Evaluation phase from the given link

https://brainly.com/question/14084377

#SPJ11

Who would you most likely find participating in a market economy? a government official deciding how much wheat to plant this season

Answers

Individuals, consumers, producers, entrepreneurs, and businesses would participate in a market economy.

In a market economy, the allocation of goods and services is primarily determined by the interactions between buyers and sellers in the marketplace. Participants in a market economy include individuals who act as consumers, purchasing goods and services for personal use or consumption. Producers, entrepreneurs, and businesses also play a crucial role by supplying goods and services to meet consumer demands. They make production decisions based on market signals such as prices, competition, and consumer preferences. These participants engage in voluntary exchanges, seeking to maximize their own self-interest and profit. However, it is worth noting that government officials also have a role in a market economy. While they do not directly participate as buyers and sellers, they establish and enforce the legal framework and regulations that govern economic activities, ensuring fair competition and protecting the rights and interests of participants. Additionally, government officials may also participate indirectly as consumers or through policies that affect the economy.

learn more about entrepreneurs here:

https://brainly.com/question/31104672

#SPJ11

carlos assumes he will have real net returns of $20,000 each year for the next 5 years after purchasing a new van to start his catering business. what is the nominal after-tax net return in year 4 if the inflation rate is 2.25% and the marginal tax rate is 24%?

Answers

The nominal after-tax net return in year 4 for Carlos would be $15,542.

To calculate the nominal after-tax net return in year 4, we need to consider the effects of both inflation and taxes on Carlos's net returns.

Step 1: Calculate the net returns after inflation.
Carlos assumes a real net return of $20,000 each year. Since the inflation rate is 2.25%, the nominal net return in year 4 would be:

Nominal Net Return = Real Net Return * (1 + Inflation Rate)
Nominal Net Return = $20,000 * (1 + 0.0225) = $20,450

Step 2: Calculate the taxable income.
To determine the taxable income, we need to deduct any allowable deductions from the nominal net return. Since we don't have any information about deductions, we'll assume there are none. Therefore, the taxable income in year 4 would be the same as the nominal net return, which is $20,450.

Step 3: Calculate the after-tax net return.
The marginal tax rate is given as 24%. To calculate the after-tax net return, we need to subtract the tax amount from the taxable income:

Tax Amount = Taxable Income * Marginal Tax Rate
Tax Amount = $20,450 * 0.24 = $4,908

After-Tax Net Return = Nominal Net Return - Tax Amount
After-Tax Net Return = $20,450 - $4,908 = $15,542

For more such questions on nominal

https://brainly.com/question/14189587

#SPJ8

Monster Cooler will soon be launched into the market, but management first needs to determine its price. Using the information below, what price will Monster Cooler have to charge for its product in order to break even

Answers

To determine the price at which Monster Cooler needs to charge for its product in order to break even, we need to consider the company's fixed costs, variable costs, and the number of units it plans to sell.

1. Fixed costs: These are the costs that do not change regardless of the number of units produced or sold. Examples of fixed costs include rent, salaries, and insurance. Let's say Monster Cooler has fixed costs of $10,000.
2. Variable costs: These costs vary with the number of units produced or sold. Examples of variable costs include raw materials, direct labor, and packaging. Let's say Monster Cooler has variable costs of $5 per unit.
3. Contribution margin: This is the difference between the selling price of a product and its variable cost per unit. It represents the amount that contributes towards covering the fixed costs and generating profit. Let's assume Monster Cooler wants to achieve a contribution margin of 50% of the selling price.
To calculate the selling price at which Monster Cooler needs to break even, we can use the following formula:
Selling price = (Fixed costs / Contribution margin) + Variable cost per unit
Let's plug in the numbers:
Selling price = ($10,000 / 0.5) + $5
Selling price = $20,000 + $5
Selling price = $20,005
Therefore, Monster Cooler will need to charge a selling price of $20,005 per unit in order to break even.
It's important to note that this calculation assumes that all units produced will be sold. If Monster Cooler expects to have unsold inventory or if there are other factors to consider, the break-even price may need to be adjusted.

To know more about variable costs visit:
https://brainly.com/question/14083670
#SPJ11

A foreign currency option contract traded on u.s. exchanges allows for the sale or purchase of a set amount of?

Answers

A foreign currency option contract traded on U.S. exchanges allows for the sale or purchase of a set amount of foreign currency. Call option , put option are two foreign currency contracts .

In these contracts, the buyer of the option gains the right (but not the obligation) to either buy or sell a specific amount of foreign currency at a predetermined exchange rate (known as the strike or exercise price) on or before a specified date (known as the expiration date).

There are two types of foreign currency option contracts:

Call Option: This gives the buyer the right to buy the specified amount of foreign currency at the agreed-upon exchange rate on or before the expiration date.

Put Option: This gives the buyer the right to sell the specified amount of foreign currency at the agreed-upon exchange rate on or before the expiration date.

These foreign currency options provide a way for individuals and businesses to hedge against exchange rate fluctuations and manage currency-related risks in international trade and investment.

The option contract's set amount represents the quantity of foreign currency that the contract covers, and it is predetermined at the time of the contract's creation

Learn more about foreign currency :

brainly.com/question/31464062

#SPJ11

bronson apparel inc. operates a retail store and must determine the proper december 31, 2019, year-end accrual for the following expenses: the store lease calls for fixed rent of $1,000 per month, payable at the beginning of the month, and additional rent equal to 6% of net sales over $200,000 per calendar year, payable on january 31 of the following year. net sales for 2019 are $800,000. bronson has personal property subject to a city property tax. the city's fiscal year runs from july 1 to june 30, and the tax is payable on june 30. bronson estimates that its personal property tax will amount to $6,000 for the city's fiscal year ending june 30, 2020. in its december 31, 2019, balance sheet, bronson should report accrued expenses of:

Answers

Bronson Apparel Inc. should report accrued expenses of $6,000 for the personal property tax in its December 31, 2019, balance sheet.

Store Lease Expense:

The fixed rent of $1,000 per month is payable at the beginning of each month. Since the year-end is December 31, 2019, there are no additional months left to accrue for the fixed rent. Therefore, there is no accrued expense for the fixed rent.

Additional Rent Expense:

The additional rent is equal to 6% of net sales over $200,000 per calendar year. In this case, the net sales for 2019 are $800,000. The additional rent expense is calculated as follows:

Additional Rent Expense = 6% * ($800,000 - $200,000)

Additional Rent Expense = 6% * $600,000

Additional Rent Expense = $36,000

Since the additional rent is payable on January 31 of the following year, it is not accrued as of December 31, 2019.

Personal Property Tax Expense:

The personal property tax is payable on June 30 of the city's fiscal year. Bronson estimates the tax to be $6,000 for the city's fiscal year ending June 30, 2020. Since the year-end is December 31, 2019, there are still six months remaining until the tax is due. Therefore, Bronson needs to accrue for the portion of the tax expense pertaining to the period from January 1, 2020, to June 30, 2020.

Accrued Personal Property Tax Expense = ($6,000 / 12 months) * 6 months

Accrued Personal Property Tax Expense = $3,000

Therefore, Bronson should report accrued expenses of $6,000 for the personal property tax in its December 31, 2019, balance sheet.

Bronson Apparel Inc. should report accrued expenses of $6,000 for the personal property tax in its December 31, 2019, balance sheet. The fixed rent does not require accrual as it is payable at the beginning of each month, and the additional rent expense is not accrued as it is payable on January 31 of the following year.

To know more about expenses visit

https://brainly.com/question/30191622

#SPJ11

Suppose the beta of Microsoft is 1.13, the risk-free rate is 3%, and the market risk premium is 8%. Calculate the expected return for Microsoft (under CAPM).

Answers

The expected return for Microsoft, based on the CAPM, is 12.04%. This means that investors expect a return of approximately 12.04% for holding Microsoft stock.

To calculate the expected return for Microsoft using the Capital Asset Pricing Model (CAPM), you need to use the formula:
Expected Return = Risk-Free Rate + Beta * Market Risk Premium
Given the following information:
- Beta of Microsoft = 1.13
- Risk-Free Rate = 3%
- Market Risk Premium = 8%
Let's substitute these values into the formula to calculate the expected return for Microsoft:
Expected Return = 3% + 1.13 * 8%
Expected Return = 3% + 9.04%
Expected Return = 12.04%
Therefore, the expected return for Microsoft, based on the CAPM, is 12.04%. This means that investors expect a return of approximately 12.04% for holding Microsoft stock, taking into account the risk-free rate and the market risk premium.

To learn more about Microsoft stock

https://brainly.com/question/33844075

#SPJ11

What will happen if numbers on the closing disclosure change beyond respa tolerances between the time the buyer receives the disclosure and closing?

Answers

If the numbers on the closing disclosure change beyond RESPA (Real Estate Settlement Procedures Act) tolerances between the time the buyer receives the disclosure and the closing, it can have several implications.

Firstly, it may result in a delay in the closing process. When significant changes occur in the closing disclosure, such as an increase in loan fees or a change in the interest rate, additional time may be required to address and resolve these issues. This could involve renegotiating terms, revising loan documents, or obtaining further approvals.

Secondly, it can impact the buyer's financial obligations and ability to proceed with the purchase. If the changes result in higher costs or increased loan terms, the buyer may need to reassess their financial situation and potentially secure additional funds or adjust their budget accordingly.

Additionally, changes beyond RESPA tolerances may require the lender to provide an updated closing disclosure to the buyer. This is to ensure transparency and compliance with RESPA regulations, which aim to protect consumers from unfair practices and ensure they have accurate information about the costs and terms of their loan.

Therefore, changes beyond RESPA tolerances on the closing disclosure between the time of receipt and closing can lead to delays, financial implications, and the need for updated disclosures. It is important for buyers to review the closing disclosure carefully and promptly communicate any concerns or discrepancies to their lender or closing agent.

Learn more about RESPA visit:

https://brainly.com/question/26066905

#SPJ11

g What are the major differences in expenditures/expenses (i.e., reconciling items) as they are reported in the governmental fund and the government-wide statements

Answers

The major differences in expenditures/expenses as reported in the governmental fund and the government-wide statements are primarily due to the differences in their accounting basis.

Governmental funds use the modified accrual basis of accounting, while government-wide statements use the full accrual basis. In governmental funds, expenditures are recognized when there is a financial liability incurred, the expenditure is measurable, and available financial resources exist. This means that only cash transactions and certain short-term liabilities are recognized as expenditures. On the other hand, government-wide statements recognize expenses when they are incurred, regardless of cash flow.

Additionally, the governmental fund statements focus on short-term activities and specific governmental funds, while the government-wide statements present a broader view of the entire government's financial position. This can lead to differences in the timing and amount of expenditures/expenses reported.

Reconciling items between the two statements may include long-term liabilities, depreciation, and changes in prepaid expenses. These items are recognized in the government-wide statements but not in the governmental fund statements.

In summary, the major differences in expenditures/expenses reported in the governmental fund and government-wide statements arise from the accounting basis used and the scope of the statements. The government-wide statements provide a more comprehensive view of the government's financial activities.

Learn more about governmental fund from the given link.

https://brainly.com/question/30774669

#SPJ11

In a __________ contract, the goods are delivered to the buyer primarily for resale with the understanding that the buyer has the right to return them.

Answers

In a conditional sales contract, the goods are delivered to the buyer primarily for resale with the understanding that the buyer has the right to return them. This type of contract benefits the buyer and allows them to test the market without having to commit to a purchase.

A conditional sales contract is a special kind of agreement between two parties, the seller and the buyer, in which the buyer agrees to purchase goods or services from the seller with the understanding that they have the right to return the goods or services to the seller if they are unsold or unprofitable.
This type of contract is beneficial for buyers who are unsure if they can sell the goods or services and do not want to take the financial risk of committing to a purchase. The seller benefits from this type of agreement as it allows them to test the market without risking a complete loss.
These contracts are common in retail environments where a buyer might purchase a large quantity of goods from a supplier in the hope of selling them to consumers. If the goods are not sold, the buyer can return them to the seller and avoid the financial loss of being stuck with unsold merchandise.

Learn more about conditional sales contract here:

https://brainly.com/question/31686033

#SPJ11

dazzle fashion is a clothing retailer. during​ august, the company completed a series of transactions. for each of the following​ items, give an example of a transaction that has the described effect on​ dazzle's accounting equation.

Answers

During August, Dazzle Fashion completed a series of transactions. Here is an example of a transaction for each item that has the described effect on Dazzle's accounting equation:

1. Purchase of Inventory: Dazzle Fashion purchased $10,000 worth of inventory on credit from a supplier. This transaction increases the assets (inventory) and liabilities (accounts payable) on the accounting equation.

2. Cash Sale: Dazzle Fashion made a cash sale of $5,000 to a customer. This transaction increases the assets (cash) and equity (retained earnings or revenue) on the accounting equation.

3. Borrowing from Bank: Dazzle Fashion borrowed $20,000 from a bank. This transaction increases the assets (cash) and liabilities (bank loan) on the accounting equation.

4. Payment of Expenses: Dazzle Fashion paid $2,000 for rent and utilities. This transaction decreases the assets (cash) and equity (retained earnings or expenses) on the accounting equation.

5. Equity Investment: The owner of Dazzle Fashion invested $15,000 of their personal funds into the business. This transaction increases the assets (cash) and equity (owner's capital) on the accounting equation.

Learn more about Dazzle

brainly.com/question/33127550

#SPJ11

Which asset classes have the greatest reinvestment risk? i growth stocks ii u.s. government bonds iii investment grade corporate bonds iv speculative stocks

Answers

The asset class that typically has the greatest reinvestment risk is U.S. government bonds, specifically long-term bonds. So, the correct option is (ii) u.s. government bonds.

Reinvestment risk refers to the potential for future cash flows from an investment to be reinvested at a lower interest rate or yield than the original investment. Since U.S. government bonds are fixed-income securities, the interest payments received from these bonds need to be reinvested when they mature. If interest rates have fallen by the time the bonds mature, investors may have difficulty finding comparable investment options that provide the same level of return.

It's worth noting that while U.S. government bonds generally have reinvestment risk, the degree of risk can vary depending on the term of the bond and the interest rate environment. Shorter-term bonds typically have less reinvestment risk compared to long-term bonds.

The other asset classes mentioned in your question, such as growth stocks, investment-grade corporate bonds, and speculative stocks, are not typically associated with reinvestment risk as they do not involve fixed interest payments or cash flows that need to be reinvested. However, they do carry their own unique risks related to market fluctuations, credit quality, and volatility. So, the correct option is (ii) u.s. government bonds.

Learn more about Reinvestment risk from the given link

https://brainly.com/question/13950757

#SPJ11

suppose government sets a floor of $4 on the price of beef. this results in a. a surplus of 400 tons of hamburger. b. a surplus of 200 tons of hamburger. c. a shortage of hamburger. d. consumers purchasing 900 tons of hamburger at a price of $4.

Answers

The correct answer is c. a shortage of hamburger.

When the government sets a floor price of $4 on beef, it means that the price cannot fall below this level. In this case, the floor price is higher than the equilibrium price, which leads to unintended consequences in the market.

Setting a floor price of $4 creates a situation where the price is artificially kept higher than what the market would naturally determine. This results in a shortage of hamburger because suppliers are unable to sell the quantity of hamburger they would like to at the higher price.

Since the floor price is set above the equilibrium price, consumers are not willing to purchase the hamburger at the higher price of $4. This reduces the quantity demanded, leading to a shortage in the market. The shortage occurs because suppliers are unable to sell all the hamburger they have produced at the floor price due to the lower consumer demand.

In this scenario, a surplus of hamburger does not occur because the price floor prevents suppliers from selling all their hamburger, resulting in unsold inventory. The correct answer is a shortage of hamburger.

Learn more about shortage

#SPJ11

brainly.com/question/11439736

cash flow data for interceptors, inc. 2015 2016 2017 2018 cash $ 50 $ 70 $ 90 $ 110 cash from operations $ 142 $ 140 $ 137 $ 132 net capital spending $ 170 $ 165 $ 170 $ 175 cash from financing $ 48 $ 45 $ 53 what must cash flow from financing have been in 2018 for interceptors, inc.?

Answers

The  to the question is that the cash flow from financing in 2018 for Interceptors, Inc. must have been $53.
To determine the cash flow from financing in 2018, we need to look at the given cash flow data for Interceptors.

From the given information, we can see that the cash flow from operations and the net capital spending are provided for each year, but the cash flow from financing is only provided for 2015, 2016, and 2017.To calculate the cash flow from financing in 2018, we can use the formula:

Cash Flow from Financing = Cash - (Cash from Operations + Net Capital Spending)  Substituting the values given for 2018:  Cash Flow from Financing = $110 - ($132 + $175)
Cash Flow from Financing = $110 - $307
Cash Flow from Financing = -$197

To know more about cash flow  visit:

https://brainly.com/question/28503523

#SPJ11

Other Questions
Develop a change management strategyDevelop a change management strategy for the business. You canuse an organisational template if you have one or you can use theChange Management Strategy templat a manager checked production records and found that a worker produced 160 units while working 40 hours. in the previous week, the same worker produced 138 units while working 36 hours. Which of these occurs when a third party voluntarily provides the name of a potential customer? a. a bird dog b. a qualified prospect c. an anar condition d. a referral 5. an example of a hypothesis test and the required assumptions a graduate student is performing a study on a new antidepressant. the drug is supposed to reduce depression, but the graduate student realizes that it may do nothing or even increase depression, so she decides to formulate nondirectional hypotheses and conduct a two-tailed test. she knows that the average score for all depressed people is a square, triangle, a trapezoid, a regular pentagon, and a rhombus are figures to be selected for a test 1. a hacker who sends an e-mail but replaces his return e-mail address with a fake one is _____ the e-mail address. Suppose it is december and the sun remains above your horizon all day long. where are you located? Search marketing attempts to generate traffic from ________ through both paid and unpaid efforts. What is the minimum speed (in m/s) of an incident electron that could produce this emission line? (hint: recall the expression for relativistic kinetic energy given in topic 26.) In a bankruptcy proceeding, which of the following classes of bankruptcy creditors will receive highest priority? Group of answer choices employees who are owed wages earned within 180 days of the bankruptcy petition government tax claims consumers who have paid deposits or prepayments for undelivered goods or services spouse, former spouse, child, or guardian with claims for domestic support general creditors True or false: according to keplers third law, the ratio of the squares of the periods of any two planets about the sun would change if the radius of one of the planets changed. Convection currents produce the heat in the earths interior. please select the best answer from the choices provided t f In the U.S.A., the symbol 5/2 means the 5th month, 2nd day, or May 2. But in England, 5/2 means the fifth day, 2nd month, or February 5. How many days of the year each have the same symbol in both the U.S. and England Which iso layer is used to export netflow data? which protocol structures are supported by netflow export? A longitudinal study on developmental changes of temperament over the life span focused on examining temperament from 4 months of age through adulthood at various points in development. Results indicated that _____ of the children in the study did NOT change their reactions over time. Suppose a depositor at the bank writes a check for $19,000 to pay a contractor for some remodeling work done on her home. The contractor deposits the check in his bank (which is a different bank). What will Last National Bank's balance sheet look like after the check clears Research has found that projects identified by top management more often: A. have a very low systems development priority. B. have a narrow, tactical focus. C. have a strategic, organizational focus. D. reflect diversity and have a cross-functional focus. E. will integrate easily with existing hardware and systems. The digital signature approach uses an algorithm that is designed to provide only the _________ function. Q|C A liquid has a density p. (b) What does the negative sign signify? Answer the following question as it relates to the 2013 Louisiana Residential Agreement to Buy or Sell: The Statewide Purchase Agreement specifies that the deposit is due: