Business with fixed capacity will charge higher prices when demand is low in an effort to cover fixed cost. T or F

Answers

Answer 1

It is a true statement that business with fixed capacity will charge higher prices when demand is low in an effort to cover fixed cost.

What Is Capacity in economics?

Basically, capacity means maximum level of output that a company can sustain to make a product or provide a service. The planning for capacity requires the management to accept limitations on the production process.

Depending on an organization structure type, capacity can mean the production process, human resources allocation, technical thresholds, related concepts etc. No business can operate at full capacity for a prolonged period because an inefficiencies and delays make it impossible to reach a theoretical level of output over the long run.

Often, it assumes a constant level of maximum output, the production level also assumes no machine or equipment breakdowns and no stoppages due to employee vacations or absences.

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Related Questions

What is the common of B2B and B2c

Answers

Answer:

Similarities. Both B2B and B2C sales require comprehensive knowledge and extensive experience about customer service.

Explanation:

Salespeople typically deal with clients; with high level executives in B2B sales while in B2C sales, they deal with consumers directly. In both sales models, the process is centered around the customer.

what is a good interest rate on a credit card

Answers

However, this may differ from one card to another as well as from one issuer  to another. Always choose a credit card with a low interest rate. The best credit card APR is one that is around 10%.

But you might need to visit your neighbourhood bank or credit union to discover one. An APR that is lower than the average would also be regarded favourably by the Federal Reserve, which monitors credit card interest rates. The danger to the bank is the primary cause of the high interest rates on credit cards. If you don't pay your credit card bill, the responsibility falls on the credit card company.

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Rebecca holds 100 shares of Gotchas stock that she purchased for $4,200 several years ago. In a merger of Gotchas into Solis, Inc., Rebecca exchanges her 100 Gotchas shares for 1,000 Solis shares and $840. Gotchas is valued at $92.40 per share and Solis at $8.40 per share.

a. What is Rebecca's realized and recognized gain/loss from the reorganization?

The exchange of Rebecca’s stock
has no
income tax consequences for Gotchas or Solis.

b. What is Rebecca's basis in her Solis stock?
$fill in the blank 2
8,400

Answers

Rebecca suffered a loss as a result of the merger of two companies.

How did she end up losing in this situation?

She first purchased 100 Gotchas shares for a total of $4200. And after the merger, she sold these shares and purchased new Solis shares, where she gained $5000 after selling previous shares but lost $3400 after purchasing new shares.

Merging means combining two separate legal entities into a single new legal entity. True mergers are uncommon because it is uncommon for two equal companies to benefit mutually from combining resources and personnel, including their CEOs.

A merger is a business transaction in which two existing, independent companies join forces to form a new, single legal entity.

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Type the correct answer in the box. Spell all words correcty.
George has to present the goals of information management to his team member. What is a goal of Information management?
The goal of Information management is to identify information requirements for various what levels

Answers

Answer and Explanation:

The information management refers to manage the information in effecetive and efficient manner. It could be in terms of storing, organizing, developing, using, distributing the information so that it became useful for the organization

Here, the goal of information management is to identify the requirement of the information for various management levels so that it can be used in appropriate manner.

Answer:

The answer is: management

Type the correct answer in the box. Spell all words correcty.George has to present the goals of information

What are examples of financial goals? Check all that apply.

Skylar wants to pay off her college student loans within five years.
Keegan wants to graduate from high school.
Chance wants to buy a boat.
Genesis wants to learn to speak another language.
Lukas wants to earn at least $40,000 per year.
Courtney wants to join a debate club.

Answers

Answer: 1 3 5

Explanation: right

Answer:

edg 2022

Explanation:

What are examples of financial goals? Check all that apply. Skylar wants to pay off her college student

Which behaviors benefits coworkers and colleagues involves assisting, supporting, and developing other organizational members in a way that goes beyond normal job expectations?

Answers

Answer:

Interpersonal citizenship behavior.

Explanation:

Interpersonal citizenship behavior can be defined as behaviors that benefits coworkers and colleagues and involves assisting, supporting, and developing other organizational members in a way that goes beyond normal job expectations.

This ultimately implies that, interpersonal citizenship behavior is the extent to which an employee (worker) goes beyond his or her job requirements (descriptions) to help colleagues (co-workers), which either directly or indirectly results in boosting individual job performance, as well as enhancing team work and organizational development.

For example, a line supervisor assisting his or her subordinates that are having a huge or cumbersome workload.

Hence, this voluntary employee behaviors and actions would go a long way to promote unity, foster growth and development and help the organization to successfully achieve its goals and objectives quickly.

If you fail to file a tax return:

a) You can call the IRS office and apologize
b) The IRS will contact you by phone
c) The IRS will penalize you in the form of a dollar amount
d) Nothing will happen

Answers

C: because it will charge you

A contestant asks for 200,000 for 25% of their business, what value have they placed on their entire company?

Answers

Answer:

$800,000

Explanation:

25% of the business is equal to 200,000, according to the contestants.

The entire company value is equivalent to 100%

25% = 200,000

100% = ?

100% = 200,000/25 x 100

=$8,000 x 100

=$800,000

what were the activities of the apostles

Answers

Answer:

spending the gospel to none jews

Answer:

They could testify to his being God's son, working of miracles and teaching, his dying on the cross, his resurrection to a new creation body, his ascension into heaven, and his sending of the Holy Spirit.

Stockholders' equity is increased by

A. revenues
B. dividends.
C. liabilities.
D. expenses.

Answers

Stockholders' equity is increased by revenues.

What is stockholders' equity?

Stockholders' equity is the total assets of a firm less the total liabilities. According to the accounting equation, stockholders' equity = assets - liabilities.

Factors that cause asset to increase or liabilities to reduce increases stockholder's equity. For example, an increase in revenue increases stockholder's equity or a decrease in expenses increases stockholder's equity.

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In the role, managers focus on relationships with subordinates, including motivation, communication, and influence.
O figurehead
O leader
O disseminator
O spokesperson

Answers

In the leader role, managers focus on relationships with subordinates, including motivation, communication, and influence.

What Is The Role Of Leader?

A leadership position requires you to successfully and ethically manage a situation, a team, or an entire organisation. Leaders are capable of influencing and directing their team towards a common goal. Additionally, they are in charge of fostering and preserving employee morale, assisting staff in realising their full potential, and encouraging loyalty. As a leader, it's critical that you have effective communication skills. You could need to communicate with a variety of people in your role as a leader, including your team members, subordinates, clients, and suppliers.

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2. Maria and her friend Sabrina have been reading the organizational policies and
procedures for their upcoming internships at a marketing company. One of the policies
states: "Employees must dress professionally and conduct themselves in a professional
manner at all times." One of the procedures states: "A probationary period of two weeks
will be in effect for all new employees. Maria isn't sure how to interpret these statements.
How can Sabrina help interpret and explain these policies and procedures for Maria ?

Answers

Sabrina can help Maria interpret and explain these policies and procedures by:

Clarifying any unclear or ambiguous languageProviding contextExplaining the consequences of non-complianceOffering examplesEncouraging questions and open communication

What do these ways of policy explanation mean?

These ways of explanation are explained as follows:

1. Clarifying any unclear or ambiguous language: Sabrina can help Maria understand the meaning of specific words or phrases that are unclear or ambiguous, such as "professionally" or "probationary period."

2. Providing context: Sabrina can help Maria understand the context in which these policies and procedures are being applied, including the goals and objectives of the organization, the culture of the workplace, and the expectations of employees.

3. Explaining the consequences of non-compliance: Sabrina can help Maria understand the consequences of not adhering to these policies and procedures, including any disciplinary action that may be taken.

4. Offering examples: Sabrina can provide examples of what it means to dress and conduct oneself professionally, and what is expected during the probationary period, to help Maria better understand and apply these policies and procedures in practice.

5. Encouraging questions and open communication: Sabrina can encourage Maria to ask any additional questions she may have and to speak openly with management or HR if she has any concerns about these policies and procedures.

Therefore, the correct answers are give above.

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Question 5 Shop A charges $275.00 for an oil change and has a gross oil profit percent of 39.1% for its total oil gross profit 96. Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4% for its total oil gross profit . Both shops pay $21.25 per gallon of oil. What is the Profit per Lube for Shop B?​

Answers

To calculate the Profit per Lube for Shop B, we need to determine the total profit made from each oil change and then divide it by the amount of oil used.

First, we need to find the total oil gross profit for Shop B. We know that Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4%. This means the gross oil profit is calculated as a percentage of the total price.

Gross oil profit for Shop B = 28.4% of $275.00

                                = (28.4/100) * $275.00

                                = $78.10

Next, we need to calculate the amount of oil used for each oil change. We are given that both shops pay $21.25 per gallon of oil.

Amount of oil used for each oil change = $275.00 / $21.25 per gallon

                                                     = 12.94 gallons (rounded to two decimal places)

Finally, we can calculate the Profit per Lube for Shop B by dividing the total oil gross profit by the amount of oil used.

Profit per Lube for Shop B = Gross oil profit for Shop B / Amount of oil used

                                       = $78.10 / 12.94 gallons

                                       ≈ $6.03 per gallon

Therefore, the Profit per Lube for Shop B is approximately $6.03 per gallon.

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Please Help ASAP!

2. Identify at least three factors that may influence Eric's decision, including Eric's savings and any ways he could reduce the total cost of the loan.

Answers

The three factors that influence Eric's decisions are the lowest rate of return along with the shorter duration of time.

What is Loan?

A Loan is referred to as the amount which an individual borrows from a financial institution at a certain rate of interest to start any business or to fulfill their needs.

When Applying for any loan it is important to conduct research about the rate of return which helps in saving a large rate of income for an individual.

While making a decision for a loan, it should be determined which financial institution provides maximum facility on any Loan in order to repay it timely and reduce the burden on an individual.

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What is a Delayed Charge?

Answers

Answer:A delayed charge is a charge that is going to be billed to a customer at a future date.

Explanation:

It's a way to keep a record of what your future revenue will look like for tracking sales.

Answer:basically a charge that is going to be taken from a customer later

microeconomics definition of economics cost

microeconomics definition of economics cost
microeconomics definition of economics cost

Answers

In microeconomics, the concept of economic cost refers to the total value of resources, both explicit and implicit, that are sacrificed or foregone in order to produce a particular good or service.

It goes beyond the monetary expenses and includes the opportunity cost of using resources in one way instead of their next best alternative use. Economic cost comprises two main components:

Explicit Costs: These are the actual out-of-pocket expenses incurred in the production process. They include the cost of labor, raw materials, rent, utilities, and any other direct payments made to suppliers or factors of production. Explicit costs are tangible and measurable in monetary terms.

Implicit Costs: These represent the opportunity cost of utilizing resources in a specific production activity. Implicit costs are the benefits or values associated with the next best alternative that is forgone when resources are allocated to a particular use. They often involve the use of self-owned resources or factors of production, such as the foregone income from not working at another job or the foregone rental income from not leasing out a property.

To calculate the economic cost of production, both explicit and implicit costs need to be taken into account. By considering the full range of costs, economists aim to capture the true economic impact of a decision or an activity, providing a more comprehensive understanding of the costs involved in the production process.

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Why is compound interest preferable to simple interest?
Compound interest pays at least double the interest on the principal
Compound interest is paid by the week or by the month, not only on
O Compound interest is based on the entire principal, not just a percer
O Compound interest pays interest on the principal and the interest ea

Answers

Answer:

Compound Interest, when it comes to investing, compound interest is better since it allows funds to grow at a faster rate than they would in an account with a simple interest rate. Compound interest comes into play when you're calculating the annual percentage yield.

Explanation:

I hope this helped a lot bro. Hope you make a 100 on your test or quiz. Can I get brainiest.

Answer:

D.) Compound interest pays interest both on the principal and the interest earned in each period.

Explanation:

On Edg

. Bursar
What the meaning of this word

Answers

Answer:

1.

BRITTISH

a person who manages the financial affairs of a college or university.

2.

SCOTTISH

a student attending a college or university on a scholarship.

How will the bank increase the quantity of money

Answers

Answer:

Expansionary policy increases the total supply of money in the economy more rapidly than usual and contraction policy expands the supply of money more slowly than normal. ... The reserves of money are kept in Federal Reserve accounts and U.S. banks.

Answer:

djdkdosjskssawkwjsososksossosj

Knapp Development's trial balance shows $155,000 face value of bonds with a discount balance of $2,800. The bonds mature in 10 years. How will the bonds be presented on the balance​ sheet?

Answers

Answer:

D. Bonds payable $153,200 (net of $1,800 discount) will be listed as a long-term liability."

Explanation:

Options are A. Bonds payable $155,000 will be listed as a long-term liability. A $1,800 discount on bonds payable will be listed as a current liability. B. Bonds payable $155,000 will be listed as a long-term liability. A $1,800 discount on bonds payable will be listed as a contra current liability. C. Bonds payable $155,000 will be listed as a long-term liability. D. Bonds payable $153,200 (net of $1,800 discount) will be listed as a long-term liability."

Bonds payable are maturing in 10 years and hence are long term liabilities and would be shown at net values i.e. current value less of discount (155000-1800)=$153,200. Hence correct option is D.

multiple choice
Which element of the balanced scorecard speaks to improving responsible
leadership?

Group of answer choices

1.Learning and growth

2.Financial

3.Customer

4.Business processes

Answers

1. Learning and growth

_____ are items such as utilities, rent, and food—items that one can’t do without. Needs Wants Risks Assets

Answers

Answer:

The answer for the space would be "Needs"

Answer:

A

Explanation:

Trust me

Mayra is 57 years old, is close to retirement, and has a child with long-term medical needs. She moved all her cash investments to a money market account. She may have done that because

a low-risk account has zero penalty for withdrawals

she wants to be less risky due to her current situation

she knows shifting back to stocks at retirement will boost gains

moderation in investing generates higher earnings

Answers

If she moved all her cash investments to a money market account. She may have done that because: a low-risk account has zero penalty for withdrawals.

What is money market account?

A money market account can be defined as an account that enables you save while it gives you interest on the money saved reason being that the account is an interest-bearing account.

Based on the given scenario  Marya choose money market account because it is a low risk account and  the account tend to given higher interest rate and has no penalty for withdrawals.

Therefore a low-risk account has zero penalty for withdrawals.

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Answer:

A) low risk account has zero penalty for withdrawls

Explanation:

got it right on the test

Wyoming Restoration Company completed the following selected transactions during July 20Y1:
July 1. Established a petty cash fund of $1,200. 12.
The cash sales for the day, according to the cash register records, totaled $8,356. The actual cash received from cash sales was $8,389. 31.
Petty cash on hand was $217. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt:
July 3. Store supplies, $510.
7. Express charges on merchandise sold, $90 (Delivery Expense).
9. Office supplies, $30.
13. Office supplies, $35.
19. Postage stamps, $50 (Office Supplies).
21. Repair to office file cabinet lock, $60 (Miscellaneous Administrative Expense).
22. Postage due on special delivery letter, $28 (Miscellaneous Administrative Expense).
24. Express charges on merchandise sold, $135 (Delivery Expense).
30. Office supplies, $25.
July 31. The cash sales for the day, according to the cash register records, totaled $10,289. The actual cash received from cash sales was $10,275.
31. Decreased the petty cash fund by $100.
Journalize the transactions.

Answers

The appropriate journal entries Wyoming Restoration Company for the month of July 20Y1 are:

July 1

Debit Petty cash $1,200

Credit Cash $1,200

July 12

Debit Cash $8,389

Credit Cash short and over $33

($8,389-$8,356)

Credit Sales $8,356

July 31

Debit Store supplies $510

Debit Delivery expense $225

($90+$135)

Debit Office supplies $140

($30+$35+$50+$25)

Debit Miscellaneous Administrative Expense $88

($60+$28)

Debit Cash short and over $20

[$983-($510+$225+$140+$88)]

Credit Cash $983

($1,200-$217)

July 31

Debit Cash $10,275

Debit Cash short and over $14

($10,289-$10,275)

Credit Sales $10,289

July 31

Debit Cash $100

Credit Petty Cash $100

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Alphabet Company, which uses the periodic inventory method, purchases different letters for resale. Alphabet had no beginning inventory. It purchased A thru G in January at $5.50 per letter. In February, it purchased H thru L at $7.50 per letter. It purchased M thru R in March at $8.50 per letter. It sold A, D, E, H, J and N in October. There were no additional purchases or sales during the remainder of the year. If Alphabet Company uses the LIFO method, what is the cost of its ending inventory?

Answers

The inventory is valued based on the premise that the last things purchased are the first ones to sell when using the LIFO (last-in, first-out) technique. Therefore, we must first identify the letters that are still in stock at the close of the year in order to calculate the cost of Alphabet Company's closing inventory.

The following orders and costs are based on the information provided.

January: A-G at $5.50 each, February: H-L at $7.50 each and March: M-R at $8.50 each

How to determine the cost of ending inventory?

In October, the letters A, D, E, H, J, and N were auctioned.

The characters that are still available are B, C, F, G, I, K, L, M, O, P, Q, and R.

When using the LIFO technique, we presume that the most recent purchases will be the ones that sell first. As a result, the price of closing goods would be determined by the $8.50 per letter buy made in March.

What would be the price of leftover stock?

The pricing of the leftover stock is as follow

$12.00 is equal to 12 messages at $8.50 each.

Using the LIFO technique, Alphabet Company's closing inventory, therefore, costs $102.00.

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10. Which SMART goal element is missing from this goal?
"You must stock 20 boxes of product onto the store shelves."
OA. S-Specific
B. M-Measurable
OC.T-Time-Based
OD. A-Achievable

Answers

This element ensures that the goal can be achieved realistically by analyzing the available resources, skillsets, and knowledge. The goal doesn't mention any factors related to achievability or practicality. Therefore, it is missing the achievable element. The correct option is d.

SMART is an acronym for Specific, Measurable, Achievable, Relevant, and Time-bound. These are the five elements that are required for a successful goal. Let's have a brief idea about the 5 elements of SMART goals:

Specific: It refers to the goal being clear and specific. It should answer the questions of what, why, and how.Measurable: This element is important to know the progress and when it's achieved.Achievable: Goals need to be practical and attainable. Relevant: It should be relevant to the company's goals, values, and objectives.Time-bound: This element is related to setting a deadline to achieve the goal. The goal must be achieved within a specific period.

Missing SMART element:Achievable is the missing SMART element from the goal "You must stock 20 boxes of product onto the store shelves."This element ensures that the goal can be achieved realistically by analyzing the available resources, skillsets, and knowledge. In this scenario, the goal doesn't mention any factors related to achievability or practicality. Therefore, it is missing the achievable element. The correct option is d.

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practice
20.2 Special Orders
Harvest, Inc. has received a special order for 3,000 boxes of crystal glassware for $30 per box. Harvest's variable costs per box are
$24, fixed costs per box are an additional $10 per box, and the normal selling price is $70 per box. Harvest has sufficient capacity to
produce the glassware. Harvest will incur special shipping costs of $2 per box for this special order. If the order is accepted, what will
be the effect on net income?
O $90,000 increase
$12,000 increase
O $18,000 decrease
O $12,000 decrease
Submit Answer
Save for Later

Answers

If the special order for 3,000 boxes of crystal glassware is accepted, the effect on the net income of Harvest, Inc. is an increase of $12,000.

What is break-even analysis?

Break-even analysis is an accounting technique to ensure that a company does not incur losses from its transactions.

Using the technique, a corporation ensures that the total costs are at least equal to the total revenue or the contribution margin is sufficient to cover the fixed costs, which are not variable within a relevant range.

The technique is based on the concepts of contribution margin and variable costing.

Data and Calculations:

Special order units = 3,000 boxes

Price per box for special order = $30

Variable costs per box = $24

Special shipping costs per box for the special order = $2

Contribution margin per box = $4 ($30 - $24 - $2)

Total Contribution Margin = $12,000 ($4 x 3,000)

Fixed costs = $30,000 ($10 x 3,000)

Normall selling price per box = $70

Thus, if the special order for 3,000 boxes of crystal glassware is accepted, the effect on the net income of Harvest, Inc. is an increase of $12,000.

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Life Insurance __________.
A. is designed to help those who are financially dependent on you in the event of your death.
B. is a waste of money
C. is meant to be collected while you are living.
D. is not necessary to have

Answers

The answer is A, is designed to help those who are financially dependent on you in the event of your death.

Select all that apply Manufacturing overhead ___
a. is directly traceable to units produced b. is an indirect cost c. contains fixed costs d. consists of many different types of costs

Answers

Manufacturing overhead is an indirect cost. Hence, option B is correct.

What is Manufacturing?

Manufacturing overhead costs are the initial charges that a corporation incurs for things like the purchase of materials and indirect labeling. electricity, machinery, maintenance, factory supplies, insurance, etc.

This is often referred to as "factory overhead," and it refers to costs that are further recorded in the balance sheet or in the profit and loss statement and divided by the company's profit even if they have no direct bearing on manufacturing.

Thus, option B is correct.

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On June 15, 2021, Allen sold land held for investment to Stan for $65,000 and an installment note of $300,000 payable in five equal annual installments beginning on June 15, 2022, plus interest at 10%. Allen’s basis in the land is $255,500. What amount of gain is recognized in 2021 under the installment method?

Answers

The amount of gain that will be recognized in 2021 under the installment method, is $27, 857 . 14

How to find the gain recognized?

First, find the profit margin on the land sold by Allen to Stan:
= ( Selling price of land - Allen's basis in the land) / Allen's basis in the land

= ( ( 300, 000 + 65, 000) - 255, 500) ) / 255, 500

= 109, 500 / 255, 500

= 42. 857 %

The gain to be recognized, using the installment method is:
= Profit margin x Amount paid by Allen in 2021

= 42. 857 % x $ 65, 000

= $27, 857 . 14

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