Answer:
there is an increase in operating income by $910,000
Explanation:
The computation of the impact on the operating income is shown below
Sales (7,000 × $350) $2,450,000
Less: variable manufacturing cost (7,000 × $220) -$1,540,000
Operating income $910,000
Since the fixed cost would remain the same so here we do not considered it
Hence, there is an increase in operating income by $910,000
Provide the name of two business competitors that manufacture and sell the same product. Be sure to name the products.
Answer:
1. Coke vs Pepsi: product include Cold Beverage
2. Nike vs Reebok: product include sporting goods
Problem 11-21 Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 1,700 of item X, which costs $25 each. Storage costs, which include insurance and cost of capital, amount to $4 per unit of average inventory. Every time an order is placed for more item X, it costs $22. a. Whenever item X is ordered, what should the order size be? (Round your answer to the nearest whole number.) Order size b. What is the annual cost for ordering item X? (Round your answer to 2 decimal places.) Ordering cost $ c. What is the annual cost for storing item X? (Round your answer to 2 decimal places.) Holding cost $
Answer:
a) the order size of item X should be 137 units
b) the annual ordering cost for item X is $ 272.99
c) the annual holding cost for item X is $ 274
Explanation:
Given the data in the question;
a) Whenever item X is ordered, what should the order size be?
The Economic Order quality EOQ is the optimum quantity that should normally be ordered, its is expressed as;
[tex]Q_{opt[/tex] = √( 2DS/H)
where D is the annual demand, S is set up cost and H is the holding cost.
given that; the annual demand is 1700 units and the holding cost is $4 per unit per year, cost of placing order is $22.
So, we use the Economic Order quality EOQ;
[tex]Q_{opt[/tex] = √( 2DS/H)
we substitute
[tex]Q_{opt[/tex] = √( (2 × 1700 × 22 ) / 4)
[tex]Q_{opt[/tex] = √( 74800 / 4 )
[tex]Q_{opt[/tex] = √18700
[tex]Q_{opt[/tex] = 136.75 ≈ 137 units
Therefore, the order size of item X should be 137 units
b) What is the annual cost for ordering item X.
Annual ordering cost = actual number of placed orders × cost of each order
Annual ordering cost = D/Q × s
we substitute
Annual ordering cost = (1700 / 137) × 22
Annual ordering cost = 12.408759 × 22
Annual ordering cost = 272.99
Therefore, the annual ordering cost for item X is $ 272.99
c) What is the annual cost for storing item X.
Holding cost = average inventory × cost of storage per unit
Holding cost = Q/2 × H
we substitute
Holding cost = 137/2 × 4
Holding cost = 68.5 × 4
Holding cost = $ 274
Therefore, the annual holding cost for item X is $ 274
What is Newtons law on gravity?
If a country has a current account deficit, which of the following must be true? It must also show a deficit in its capital account. It must also show a deficit in its capital account. A It must show a surplus in its capital account. It must show a surplus in its capital account. B It must increase the purchases of foreign goods and services. It must increase the purchases of foreign goods and services. C It must increase the domestic interest rates on its bonds. It must increase the domestic interest rates on its bonds. D It must limit the flow of foreign capital investment.
Answer:
A. It must show a surplus in its capital account.
Explanation:
A deficit can be defined as an amount by which money, falls short of its expected value.
In Financial accounting, deficit is usually as a result of revenue falling below expenses or expense exceeding revenue at a specific period of time.
For instance, if in a country liabilities exceeds assets or import exceeds export there would be a deficit in the financial account of the country.
Generally, a deficit on the current account of a country leads to a surplus on the financial and capital account. This is simply as a result of a country having to import more goods and services than it is exporting to other countries in trade.
Hence, if a country has a current account deficit, it must show a surplus in its capital account.
In conclusion, a deficit on the current account is because the value of goods and services exported is lower than the value of goods and services being imported in a particular country.
2. An employee has filed a discrimination lawsuit, because although fully qualified, he was not hired for a
management position for which he applied. In fact, the position remained open for several months after
he applied and was eventually filled by a candidate who is less qualified. Which of the following actions
can you expect to be taken?
the HR department will file the claim on the employee's behalf
the McDonnell Douglas test will be applied
the Civil Rights Act of 1991 mandates the firing of the hiring manager
the employee will be given a similarjob
Answer:
The McDonnell Douglas test will be applied
Explanation:
i searched each answer to see if it would apply with the question and when i finished the quiz it said i got it right
What is the first step that must
be taken in the dissolution of a
corporation?
Answer:
D
Explanation:
The first step to closing up shop is receiving shareholder approval to formally close the corporation. The board of directors should adopt a resolution to dissolve the corporation and receive approval for the action.
The Marshall plan was an example of
Internal financing
Foreign direct investment
Foreign portfolio investment
Foreign aid
Answer
Foreign Aid
Explanation
gradpoint
PLZZZZZ HEELLPP FASST
Why is the stock market not always a good indicator of economic health?
Why are bonds known as fixed income investments? A) there is a fixed principle B) there is a fixed rate of return C) there is a fixed option of investing part of the bond D)
all of the above
Answer:
The awnser is B
Explanation:
took the test
Which Important personal quality does Jane seem to possess?
Jane is friendly and kind toward her coworkers. She makes interesting conversation with them during lunch. Her attitude helps to maintain a
harmonious atmosphere at work. Jane thus possesses an important personal quality known as
Answer:
kindness
Explanation: sorry im guessing by what the paragraph tells me..
Answer:
courteousness
Explanation:
These are all attributes of a courteous individual.
Please hurry!!!!!Which of the following is not a method used by careful consumers?
Compare stores and prices on an item
O Look for bargain brands and bulk pricing
Make a shopping list
O Buy a random item that is offered on special discount, today only
Answer:
last option
Explanation:
I just know so
Answer:
the last option - this is a marketing technique used to give the customer a sense of urgency
which of these is not a social or economic goal of the US economy
What are the social or economic goals? Is there options?
Edit: The answer is A
Answer:
A
Explanation:
QUESTION 9 of 10: You have laid out your pricing plan at $185 for a bounce party for 8 kids; your competitor is at $155. A potential investor
says she thinks you can get a 30% premium with your new facility. Did she just criticize or endorse your pricing?
a) Criticize
O b) Endorse
Submit
©2021 Knowledge Matters Inc
Answer: Criticize
Explanation:
She just criticize your pricing, saying that we ought to charge $201.50 rather than $185, hence option A is correct.
What is the criticism of pricing?In this case, our rival charges $155 for a party, and the investor thinks that because of our improved facilities, we will be able to charge 30% more.
= 155 x 130
= 201.50 $
According to the efficient market theory, all stocks trading on the stock market are already priced in, thus you don't need to actively research the stock because any positive or negative information that might be available is already reflected in the stock.
Therefore, She criticizes our price plan, saying that we ought to charge $201.50 rather than $185. She believes that our pricing policy is harming our bottom line.
Learn more about pricing, here:
https://brainly.com/question/13943524
#SPJ6
1. Which of the following questions would be permissible to ask during an interview with a candidate who
is in a wheelchair?
1.Does your disability affect you in any other way besides being unable to walk?
2.This job involves making photocopies. How would you perform that task?
3.Did you become disabled on the job?
4.We like 90 percent or better attendance. Do you have to visit the doctor a lot because of your disability?
Answer:
I would say the first one
Explanation:
beacuse you do need to know if there is anything that could be hard for them to do and make it where they cant do there job it also might depnd on the job of what you would ask them but I would say the fist one so it gets to the point and isent rude hope this helps :)
When government is trying to raise tax revenue, it sometimes attempts to target higher-income people because they are in a better position to bear the burden of a tax. However, it can be very difficult to earn tax revenue from wealthy people. Consider the progressive nature of the U.S. federal income tax system: It's designed so that higher incomes are taxed at higher tax rates. Thinking about the elasticity of labor supply, why might it be more difficult to collect tax revenue from a wealthy individual than from a poor person, all else equal
Answer: The labor supply curve for a wealthy individual is usually more elastic than a poor person's labor supply curve
Explanation:
Tax could be described as individuals paying a particular percentage of their income and whatever they use then pay to the government. The aim of the tax being collected is to generate funds internally which could be used in maintaining the economy.
Despite the government attempts to make tax be one-sided, it yields little or no result in favour of the poor as they end up being well tax as same as the rich. Those who are poor make use of services regularly, and most societies have them than those who are already established. The labor supply curve for a wealthy individual is usually more elastic than a poor person's labor supply curve. We would realize that we have more poor people in labour than those who are rich.
9. The person who smokes cigarettes cannot possibly be thinking in terms of costs and benefits because it has been proven that cigarette smoking increases one's chances of getting lung cancer. Do you agree or disagree with the part of the statement that reads "the person who smokes cigarettes cannot possibly be thinking in terms of costs and benefits"? Explain your answer.
Explanation:
I disagree with the part of the statement that says "those who smoke cannot be thinking about costs and benefits" because although the phrase is correct in the logical and scientific context about the harm of smoking, it is also correct to state that the statement is liable to different interpretations according to each individual.
Therefore, I do not agree with this statement due to the fact that each person has a different concept of benefits and costs, for an individual to smoke, even though it is harmful to health, it is compensable for the sensation of pleasure it causes.
Omega Company would have applied $31,500 of fixed manufacturing overhead if capacity usage had equaled the master budget. Given that 2,000 standard hours were allowed for the actual output, that actual fixed manufacturing overhead equaled the budgeted amount, and that overhead was applied at a rate of $15 per hour, what is the entry to close the fixed manufacturing overhead accounts
Answer and Explanation:
The journal entry to close the manufacturing overhead account is shown below:
Given that
There is applied overhead of $31,500
And, the budgeted overhead is
= 2,000 × $15
= $30,000
As we can see that the budgeted overhead would be lower than the applied overhead so this is an under applied overhead
Cost of goods sold Dr $1,500 ($31,500 - $30,000)
To factory overhead $1,500
(Being the closing of overhead is recorded)
should I rko my handicap grandma
Answer:
no u shloud not rko her ,.
Explanation:
Answer:
How would i know?
Explanation:
POINTS
an author can register his or her copyright application with the
Answer:
You can submit a copyright application through www.copyright.gov or through a paper application. I think answer would be registration record
Explanation:
Answer:
US Copyright Office
Explanation:
Tomato sauce and spaghetti noodles are complementary goods. A decrease in the price of tomatoes will a. decrease consumer surplus in the market for tomato sauce and increase producer surplus in the market for spaghetti noodles. b. increase consumer surplus in the market for tomato sauce and decrease producer surplus in the market for spaghetti noodles. c. increase consumer surplus in the market for tomato sauce and increase producer surplus in the market for spaghetti noodles. d. decrease consumer surplus in the market for tomato sauce and decrease producer surplus in the market for spaghetti noodles.
Answer: c. increase consumer surplus in the market for tomato sauce and increase producer surplus in the market for spaghetti noodles.
Explanation:
A complementary good is the one which can be used only with another good. For example a CD can only run in a CD player or any other suitable device so the sales of CD is dependent upon the availability of device used to pay it. Other examples are tennis ball and tennis racket, mobile phone and sim cards, and others.
According to the given situation the decrease in price of tomato will be an advantage to the consumers as they will be able to purchase them with an affordable price and can produce tomato sauce this will promote the production of spaghetti noodles as tomato sauce is consumed along with spaghetti noodles this way the tomato sauce and spaghetti noodles are complementary goods for each other. The sales and production of one good will affect the sales and production of another.
A property is under an effectively dated contract of April 23rd, with a 15-day financing contingency extending through the date of May 8th. A back-up offer is properly executed on May 6th. The first buyer properly notifies the seller in writing on May 7th that a loan cannot be obtained and requests in writing a return of earnest money, which occurs on May 9th, the day the second buyer receives notification that the first contract terminated. The date for starting performance by the buyer on the back-up offer is
Answer: May 9th
Explanation:
Based on the information given, the date for the starting performance by the buyer on the back-up offer will be May 9th.
The date will be May 9th, because this was the day that the first buyer was made aware about the first contract termination and also the second buyer got a notification that the first contract was terminated. This is vital for performance purposes.
Which one of these values can you usually expect from persons of integrity?
VALUE FROM PEOPLE WITH INTEGRITY:
- Responsibility. People who have integrity take responsibility for their actions no matter what they did.
Economics (FoolProof)
I should do my best to get a credit card from a company that will tell me both my interest rate and my credit limit before I commit to taking the card.
True or False
Answer:True
Explanation:
"How do you access the Expression Builder to add a calculated field to a report? in the Report Wizard in the Format tab through Control Source in the Property Sheet through the Group & Sort function in Design tab through the Design View dialog box under Controls
B through control source in the property sheet
Answer: absnaja
Explanation: ekaksjen
Complete the following sentence.
If an interviewer has suspicions of fraud, the interviewer may call on a fraud
to assess the situation.
Answer:
Auditor
Explanation:
If an interviewer has suspicions of fraud, the interviewer may call on a fraud AUDITOR to assess the situation.
This is because a FRAUD AUDITOR is a type of auditor who based on his experience and background, works as a professional in the gathering of verifiable evidence in terms of fraud and eventually serves as an expert witness during the legal proceeding of such cases.
Answer:
fraud detection
Explanation:
Is it better to pay off credit debt or create an emergency fund? Why?
Answer:
“Every single day your high-interest debt goes unpaid, it's costing you money — a LOT of money — in interest,” Krawcheck says. Instead of putting your extra cash toward an emergency fund, she suggests that focusing all of it on credit card debt first will save you more in the long run.
Explanation:
cnbc.com/select/pay-off-credit-card-debt-or-save-for-emergency-fund/#:~:text=“Every%20single%20day%20your%20high,more%20in%20the%20long%20run.
Question 3 of 10
Which of the following is a hard skill that a marketing manager might use on
a regular basis?
A. Using listening skills to understand employee concerns
B. Using spreadsheets to plan budgets
C. Using leadership skills to motivate a project team
D. Using coding skills to create websites for clients
SUBMIT
Answer: B. Using spreadsheets to plan budgets
Explanation: yes
An example of government spending when calculating the GDP using the expenditures approach is _____.
A. medical expenses
B. any investment expenditure by a government
C. the purchase of a building
D. none of the above
Answer:
Maybe D, The answer should be "salaries of public employees"
Answer:
Medical expenses
Explanation:
EDG 2021 Business Entreprenuership
Bayer AG clustered all of its business operations into six groups under an umbrella company called Bayer World. Each of these six groups have included several subgroups comprised of product categories such as as dyestuffs, fibers, or chemicals. At the same time, each of its administrative and service functions were placed under Bayer World into one of several functional groups, such as marketing, human resources, plant administration, or finance. In addition, top executives who had headed functional groups in the past, were given authority over different geographical regions, which, like the product groups, were supported by and intertwined with the functional groups. The final result of the new organizational structure divided the original nine functional areas into 19 multidisciplinary, interrelated business groups. The new organizational structure that Bayer AG adopted was a _____structure.
Answer: matrix structure
Explanation:
Based on the information provided, we can infer that the new organizational structure that Bayer AG adopted was a matrix structure.
A matrix organizational structure is regarded as a workplace format whereby the workers in the organization typically have two or more managers that they report to.
We should note that in a matrix structure, the chains of command are usually two which are the functional lines and also the project, or the product, lines. This is used by Bayer AG.
The Acmeville Metropolitan Bus Service currently charges $0.99 for an all-day ticket, and has an average of 588 riders a day. The bus company is not earning a profit, but according to their contract with the city, they cannot cut the number of buses on the road. They must therefore find a way to increase revenues. The bus company is considering increasing the ticket price to $ 1.1 . The marketing department's studies indicate this price increase would reduce usage to 337 riders per day. Calculate the absolute value of the price elasticity of demand for bus tickets using the simple percentage change method. Round your answer to one decimal place.
Answer:
-3.88 or 3.88
Explanation:
Calculation to determine the absolute value of the price elasticity of demand
Using this formula
Price elasticity of Demand = % change in quantity demanded / % change in price
Price elasticity of Demand =%∆QD / %∆P
Let plug in the formula
Price elasticity of Demand= (( 337 - 588 )/( 1.1- 0.99)) * ( 0.99 / 588 )
Price elasticity of Demand= (-251 / 0.11) * ( 0.0017)
Price elasticity of Demand= -22,81.8181 * 0.0017
Price elasticity of Demand= -3.88 or 3.88 ( absolute value)
Therefore the absolute value of the price elasticity of demand will be -3.88 or 3.88