Lush Lawn, incorporated produces and sells electuc lawn trimmers for $145 each. The variable costs of each mower total 5105 while: total monthly fixed costs are $6,200 Current monthly sales are $50,500. The company is considering a proposal that wi decrease the selling paice by 20%, increase monthly fixed costs by 50%, and increase unit sales to 1,100 units per month. Required:
a. Compute the company's current break.even point in units and dotitars. b. What is the company's current margin of safety in units, dollars, and percentape?

Answers

Answer 1

Lush Lawn, a company selling electric lawn trimmers for $145 each, faces certain financial figures.

With variable costs of $105 per mower and monthly fixed costs amounting to $6,200, their current monthly sales stand at $50,500. Now, the company is contemplating a proposal that involves reducing the selling price by 20%, increasing monthly fixed costs by 50%, and boosting unit sales to 1,100 per month. The following calculations are required: a. Determine the current break-even point for the company in both units and dollars. b. Find the current margin of safety for the company in units, dollars, and percentage.

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Related Questions

Which financial statement shows the total revenues that a firm earns and the total expenses the firm incurs to generate those revenues over a specific period of time -- generally one year?
a. Balance sheet
b. Income statement
c. Statement of cash flows
d. Statement of retained earnings

Answers

Answer:

Explanation:

b. Income statement. The income statement is the financial statement that shows the total revenues that a firm earns and the total expenses the firm incurs to generate those revenues over a specific period of time, typically one year. Also known as the profit and loss statement or statement of earnings, it provides a summary of the company's financial performance during the specified period.

The income statement starts with the company's total revenues, which include sales of goods or services, interest income, and other sources of revenue. It then deducts the total expenses incurred by the firm, such as cost of goods sold, operating expenses, interest expenses, and taxes. The resulting figure is the net income or net loss, indicating the profitability of the company's operations for that period.

By analyzing the income statement, stakeholders can evaluate the company's ability to generate profits, assess its cost management, and understand the drivers of its financial performance. It is a crucial tool for financial analysis and decision-making.

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is it ethical or unethical to cheat on your taxes? Explain why or why not

Answers

Answer:

it would be unethical to do that because you are breaking the law

Answer:

It would be unethical.

Explanation:

coconutoil2217 is correct, it would be unethical to cheat on your taxes.

Which statement describes the relationship between risk and returns?
a) higher risks often leads to lower potential returns.
b) higher riskes often leads to higher potential returns.
c) lower risks often leads to higher potential returns.
d) moderate risks often leads to highest potential returns.

Answers

Answer:

B) higher riskes often leads to higher potential returns.

Explanation:

Why do you think business provide bonus to its employees?​

Answers

Answer: See explanation

Explanation:

Bonus is sum of money that is added to the wage or salary of an employee. The role of bonus to employees is vital. Firstly, bonus is given to the employees to improve their morale.

Secondly, bonus motivates employees. When, employees are given bonus, it tends to motivate and they tend to work harder.

Thirdly, bonus tends to build team collaboration. Lastly, bonus boosts productivity. As the employees are motivated, they work harder and this can help them reach their goals and boost their productivity and bring about growth of the organization.

Builds Team Collaboration. ...

Creates Friendly Competition Among Staff

Suppose the Fed announces that it is raising its target interest rate by 50 basis points, or 0.5 percentage points. To do this, the Fed will use open tharket operations to the money by the public. Use the green line (triangle symbol) on the previous graph to Mustrate the effects of this pollcy by placing the new money supply curve (MS) in the correct iocation. Piace the black point (plus symbol) at the new equilibrium interest rate and quantity of moneyi Suppose the foliowing graph shows the aggregate demand curve for this economy. The Fed's policy of targeting a higher interest rate will. the cost of borrowing, causing residential and business investment spending to at each price level.

Answers

The Fed's policy of raising the target interest rate will increase the cost of borrowing, leading to a decrease in residential and business investment spending at each price level.

When the Federal Reserve (Fed) raises its target interest rate, it becomes more expensive for individuals and businesses to borrow money. This increase in the cost of borrowing has a direct impact on investment spending.

Residential investment refers to the construction and purchase of new homes, while business investment includes expenditures on capital goods like machinery, equipment, and factories. Both residential and business investment rely heavily on borrowing to finance their projects.

With higher interest rates, the cost of borrowing increases, making it less attractive for individuals and businesses to take out loans. Higher interest rates raise the cost of mortgage loans for potential homebuyers, discouraging residential investment. Similarly, businesses face higher interest expenses on loans, making them more cautious about undertaking new projects and reducing business investment.

As a result, the aggregate demand curve, which represents the total spending in the economy at different price levels, shifts inward. The decrease in residential and business investment spending leads to a reduction in overall demand, as fewer resources are allocated towards these sectors. This shift in aggregate demand can result in decreased economic activity and slower growth.

In summary, the Fed's policy of raising the target interest rate increases the cost of borrowing, which negatively affects residential and business investment spending. This, in turn, leads to a decrease in aggregate demand and potentially slower economic growth.

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Kent works in the public relations department of his company. He sends a news release about a new product offering to several newspapers and television stations. Kent knows from past experience that even when the media use his news releases, they often release the information at inopportune times. They will also sometimes cut out what Kevin believes are the most important points to make the news fit. However, Kent accepts these disadvantages because free publicity offers the advantage of

Answers

Answer:

The answer is "credibility".

Explanation:

In this scenario, free advertising offers a reputation benefit. When this journal advertises openly, it's also considered reliable by the targeted customers like, it is in news form while charging something. Therefore, Kent finds that improper transmission of time information to be a drawback since it recognizes that its product and company would still be credible.

People are known to have different qualities. Kent accepts these disadvantages because free publicity offers the advantage of Credibility.

Credibility is known to be a characteristic of an individual who is said to be noted by others to be a trusted advisor, believable, and confident as they tend  to show a high level of expertise in a specific field.

A lot of traits are said to be of influential behaviors are known to be linked with with high credibility. Kent acceptance shows that free publicity gives some measure  of Credibility.

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The highest possible payoff in the following decision tree is... 0.25 Economy Up 75 Buy Stock A -50 2.75 Buy Stock B -40 2.75 -1 0.4 Economy Even 50 0.35 Economy Down 40 0.25 Economy Up 50 0.4 Economy

Answers

The highest possible payoff in the given decision tree is $2.75.

A decision tree is a tree-shaped diagram that represents a sequence of decisions and their associated consequences. It is used for decision-making and to determine a course of action. A decision tree is a type of tool that is commonly used in data mining, statistics, and machine learning.

Decision Tree Example

The highest possible payoff in the given decision tree is $2.75. To get to that result, we look at the three paths that lead to that value and take the highest value at each node:

Start with the first node, which represents the decision to buy stock A or B. The payoff for buying stock A is 75, while the payoff for buying stock B is 2.75. Thus, we choose to buy stock A.

Next, we move to the second node, which represents the state of the economy. Since we chose stock A, the payoff for an up economy is 75, while the payoff for a down economy is -50. Thus, we choose the up economy node.

Finally, we arrive at the last node, which represents the outcome of our decision. Since we chose the up economy node, the payoff is 2.75. This is the highest possible payoff in the given decision tree.

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What days are BIM classes held?

Answers

Answer:

Classes take place on Mondays and Wednesdays from 4:00-6:00 pm EST, at The Plan Room located at 1815 W Broadway.

Have a Nice Day.

Scenario E: Aspen Integrated Marketing used to have a strict hierarchical structure, with information given only to those who required it. The new chief executive officer, however, set up a flat organizational structure that eliminates barriers to information flow. Information that was previously available to managers alone is now given to employees as well. He also assigned mentors to new employees to help them in their jobs and enable them to perform better. The process by which mentors help new employees with their jobs and enable them to perform better is an example of

Answers

The process by which mentors help new employees with their jobs and enable them to perform better is an example of employee onboarding and training. With the implementation of a flat organizational structure, Aspen Integrated Marketing has recognized the importance of sharing knowledge and fostering collaboration throughout the organization.

By assigning mentors to new employees, they are providing a structured and supportive approach to learning and development. This helps to ensure that new employees have the necessary knowledge and skills to succeed in their roles and contribute to the overall success of the organization.

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name the liability under which the private assets minus the private liabilities of a partner are liable to pay the liabilities of the firm ​

Answers

Answer:

Limited Liability

Explanation:

One of the disadvantages of forming a Partnership is the issue of Limited Liability.

Limited Liability means that Partners are liable for the debts of the company to the extent of their investment in a partnership arrangement.

#1 You are driving down the highway when one of your tires suddenly blows out. You should

Pump your brakes rapidly, and steer your vehicle to control any skids.

Avoid using your brakes. Slow down gradually and concentrate on steering.

Press hard on your brake pedal and stop as quickly as you can.

Answers

Avoid using your brakes. Slow down gradually and concentrate on steering

write the use of hydraulic press

Answers

Answer:

Hydraulic presses are used for ;

ForgingClinchingMouldingBlankingPunchingDeep drawing Metal forming operations. Creating more intricate shapes Can be economical with materials.

Explanation:

What effect has the use of lifo inventory costing had on ge's pretax income and tax expense for 2009 only (assume a 35% income tax rate)? (round answers to the nearest whole number. )

Answers

The effect of using LIFO inventory costing on Ge's pretax income and tax expense in 2009 would be to increase pretax income using LIFO by the difference between the two formulas, and to increase tax expense using LIFO by the difference between the two tax rates.  

The use of LIFO inventory costing results in higher reported pretax income and lower reported tax expense for a company. This is because LIFO assumes that the most recently purchased inventory is sold first, while FIFO assumes that the oldest inventory is sold first.

Assuming a 35% income tax rate, the use of LIFO for Ge's pretax income and tax expense in 2009 would be as follows:

Pretax income using LIFO:

(Beginning inventory at end of 2008 x LIFO cost formula) - (Purchases during 2009 x LIFO cost formula) = Pretax income using LIFO

Pretax income using FIFO:

(Beginning inventory at end of 2008 x FIFO cost formula) - (Purchases during 2009 x FIFO cost formula) = Pretax income using FIFO

Tax expense using LIFO:

(Pretax income using LIFO x LIFO tax rate) = Tax expense using LIFO

Tax expense using FIFO:

(Pretax income using FIFO x FIFO tax rate) = Tax expense using FIFO

Therefore, the effect of using LIFO inventory costing on Ge's pretax income and tax expense in 2009 would be to increase pretax income using LIFO by the difference between the two formulas, and to increase tax expense using LIFO by the difference between the two tax rates.  

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A common middle-management title is a. division head. b. coordinator. c. office manager. d. chief executive officer (ceo). e. supervisor.

Answers

A common middle-management title is a supervisor. The correct option is e.

The common middle-management title is a supervisor. A supervisor is responsible for overseeing the work of a group of employees or a specific department within a company.

They ensure that the work is completed efficiently, accurately, and on time, while also monitoring employee performance and providing feedback and coaching when necessary.

Supervisors also handle administrative tasks such as scheduling, budgeting, and communication with upper management. They serve as a liaison between employees and higher-ups, communicating any concerns or needs to both parties.

Other middle-management titles include division head, coordinator, and office manager. A division head is responsible for managing a specific division or department within a company, overseeing its operations and ensuring that it meets its goals and objectives.

A coordinator, on the other hand, is responsible for organizing and coordinating activities and events, often within a specific department. An office manager is responsible for managing the day-to-day operations of an office, including tasks such as scheduling, budgeting, and managing administrative staff.

Finally, the chief executive officer (CEO) is the highest-ranking executive in a company and is responsible for making strategic decisions and setting the overall direction of the organization.

While CEOs may have some middle-management duties, such as overseeing other executives, they are not typically considered a middle-management title.

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Sticking to a list will help you save money.

True
False

Answers

True, sticking to a list and buying pure necessities will help save money.

Hope this helped :)
The correct answer is true!!


Have a blessed day!!

With reference to above statement,how would sustainable consumption and production impact the society?​

Answers

I don’t know the answer but you may find it here

https://sustainabledevelopment.un.org/topics/sustainableconsumptionandproduction/decisions

you need to send an informational report to your supervisor updating him on the status of your consulting project. which report format would be most appropriate in this situation? letter format formal report manuscript format e-mail or memo format

Answers

A formal Report would be most appropriate in this situation. An official report that includes the thorough information, analysis, and statistics needed to make business choices is referred to as a formal report.

Typically, the goal of this report is to address an issue. Official reports can be, for instance: Reports on Inspection. Formal reports should be written in a formal corporate tone, without using excessive jargon or slang, and should be precise and succinct. Planning and rhetorical awareness—knowing the aim, audience, stakeholders, and context—are essential when drafting a formal report. The paper is checked for spelling and grammar issues during proofreading.

Research reports, proposals, feasibility studies, business plans, compliance reports, and monthly reports are examples of standard reports. While analytical reports draw findings and make suggestions based on data analysis, informational reports simply convey information.

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What are the steps for using the Evaluate Formula feature?

1. Select the cell with the formula you want to evaluate.

2. Click the
tab on the ribbon.

3. In the
group, click
.

4. Click Evaluate or
to start the process.

Answers

Answer:

Formulas

Formula auditing

evaluate formula

step in

Explanation:

just did it :)

Answer:

1) Formulas

2) Formula Auditing

3) Evaluate Formula

4) Step in

Explanation:

HOW TO USE THE EVALUATE FORMULA FEATURE:

1. Select the cell with the formula you want to evaluate.

2. Click the ✔ Formulas  tab on the ribbon.

3. In the  ✔ Formula Auditing  group, click ✔ Evaluate Formula .

4. Click Evaluate or  ✔ Step In to start the process.

which isolating mechanism is set up to legally prevent companies from copying products that give a firm a competitive advantage?

Answers

The isolating mechanism is set up to legally prevent companies from copying products that give a firm a competitive advantage in intellectual property protection.

Intellectual property rights are rights granted to the creations of an individual's mind. They usually give authors exclusive rights to use their work for a period of time.

Inventors, designers, developers, and authors can protect their ideas with copyrights, patents, and more. Its purpose is to prevent others from profiting unfairly from one's creations and inventions. It also provides an opportunity to recoup the money invested in product development.

Intellectual Property (IP) is the property of your spirit or exclusive knowledge. When you develop a new product, service, process or idea, it belongs to you and is considered your intellectual property. Intellectual property rights give intellectual property owners time and opportunity to commercialize their work.

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explain the negative effects that will arise as a result of the management's actions that often practice favoritism in the process of hiring new employees​

Answers

Answer:

When management practices favoritism in the process of hiring new employees, it can lead to negative effects on both the organization and its employees, including:

1. Decreased morale: Employees who are passed over for promotions or job opportunities due to favoritism may become demotivated and feel undervalued. This can result in decreased productivity, higher absenteeism, and even employee turnover.

2. Decreased trust: When management practices favoritism, it erodes trust among employees and between employees and management. Employees may feel that the organization is not transparent or fair in its practices, which can lead to a lack of commitment and loyalty.

3. Decreased diversity: Favoritism can lead to a lack of diversity in the workplace, as managers may favor candidates who share their same background, experiences, or opinions. This can limit the perspectives and ideas brought to the table and may negatively impact the organization's performance and growth.

4. Legal repercussions: Favoritism in the hiring process can result in legal issues for the organization, including discrimination lawsuits or complaints filed with government agencies. This can damage the organization's reputation and result in financial penalties or other legal consequences.

Explanation:

In conclusion, the negative effects of management's actions of favoritism in the process of hiring new employees can be significant, and can impact the organization's overall performance and success. It is important for management to establish fair and transparent hiring practices, which can help to ensure that all employees are valued and given equal opportunities for career advancement.

You've been meaning to fix those rotted boards on your porch for years. Finally, last week the deck gave way. The replacement will cost you $3,000. Will you be able to recover the cost of replacement (less your deductible) from your homeowner's insurance?

Answers

We will not be able to recover the cost of replacement (less deductible) from the homeowner's insurance policy.

What is homeowner's insurance?

This is an insurance that provide cover on the insured's home's structure and belongings in the event of a destructive event such as a fire, storm, hurricane, lighting, flood etc

A natural destruction resulting from a wear and tear is not covered under the homeowner's insurance.

Therefore, you will not be able to recover the cost of replacement from the homeowner's insurance policy.

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Nate has an account that pays 2.76% simple interest per year and wants to accumulate $3,090 in interest from it over the next 15 years. how much money should nate invest in this account to meet this goal? a. $1,279.26 b. $4,369.26 c. $4,373.77 d. $7,463.77 please select the best answer from the choices provided a b c d

Answers

Money Nate have to spend money on this account to fulfill this goal The accurate solution is D - $7,463.77.

The required details for money in given paragraph

Money is any object or verifiable file this is usually common as charge for items and services and compensation of debts, which include taxes, in a selected u . s . a . or socio-financial context. The number one capabilities which distinguish cash are as a medium of exchange, a unit of account, a shop of fee and sometimes, a general of deferred charge. Money changed into traditionally an emergent marketplace phenomenon that own intrinsic fee as a commodity; almost all modern-day cash structures are primarily based totally on unbacked fiat cash without use fee. Its fee is therefore derived via way of means of social convention, having been declared via way of means of a government or regulatory entity to be felony tender; this is, it have to be common as a shape of charge within side the limitations of the u . s . a ., for "all debts, public and private", within side the case of the United States dollar.

Contexts which erode public confidence, which include the stream of counterfeit cash or domestic hyperinflation, can cause appropriate cash to lose its fee.

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what should be done to preserve the traditional knowledge, skill and technology? write any four measures​

Answers

Answer:

We should utilized them property.

If we want to preserve traditional knowledge ,skill we have to promise to ourselves that we have to not to forget our tradition skill knowledge

They give our cultural identity.

They help in presentation of art.

In order to preserve our traditional knowledge, skill, and technology, we need to;

1. Incorporate them into our museums.

2. Set days aside for their remembrance.

3. Teach them to our children and younger generation.

4. Use them in our daily lives.

Our traditional knowledge, skill, and technology are things that identify us. Therefore, we must preserve them if we do not want to lose parts of ourselves. Museums are places where sacred things and valued aspects of our culture can be kept for preservation and monetization purposes. Special days in the year can also be marked for the celebration of these technologies and skills.

It is also vital that the younger generation are taught these skills and technologies so that they do not die with the older generation. Finally, we should proudly use these skills in our daily lives so that they become entrenched in our lives.

Conclusively, Museums, special days, teaching, and proudly using our skills, knowledge, and technology are effective ways to preserve them.

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what should be done to preserve the traditional knowledge, skill and technology? write any four measures

A student in public administration wants to determine the mean amount members of city councils earn. The error in estimating the mean is to be less than $100 with a 99% level of confidence. The student found a report by the department of labor that estimated the standard deviation to be $1000. What is the required sample size?

Answers

Answer:

663.58

Explanation:

From the problem:

E, the maximum allowable error, is $100

The value of z for a 99 percent confidence level is 2.576

Estimate of standard deviation is $1,000.

n = [(z x s)/ E] ^ 2

n = [(2.576 x 1000) / 100}^2

= 25.76^2

=663.58

a financial exchange will need to occur. Evaluate each of the following types of financial exchanges and recommend the best option for the exchange.
(a) Cash
(b) Credit
(c) Debit
(d) Electronic Funds Transfer (EFT)

Answers

Financial exchange can be of different types however the best option for exchange is A. Cash.

What is Credit?

Credit is the type of transfer of financial assets, this transfer includes financial institutions in this type the funds are transferred.

Debit

An exchange type is debit which is the transfer of financial liabilities in return of a consideration, One party transfer a good or service and instead of payment the party which transferred goods also transfers some liabilities.

Electronic Funds Transfer (EFT) is the exchange which is completely online and transfer is made through financial institutions, this transfer is quick.

Cash is the most preferred mode of exchange and therefore this is considered as the best option. Cash is paid in hand, it has the lowest risk of false transfer.

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according to theory, people are motivated to work toward rewards that they want and that they believe they have a reasonable chance of obtaining. true or false

Answers

According to theory, people are motivated to work toward

rewards

that they want and that they believe they have a

reasonable chance

of obtaining. This statement is true.

Motivation refers to the factors that activate, direct, and maintain goal-oriented behavior. It assists in determining why humans behave the way they do. It is a method of explaining why people act or do things the way they do. People are motivated by

rewards

that they believe are feasible and that they want to achieve according to this theory.
The idea of goal theory states that the harder people work, the more likely they are to achieve their objectives. This theory is based on the assumption that individuals are driven by incentives that they believe are attainable and that they want. Motivation is one of the most important aspects of behavior in the workplace or in any other situation where performance is important. Employees are more likely to work harder when they are motivated and believe they have a

reasonable chance

of getting rewards, which leads to higher productivity and job satisfaction.

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An electronics store sells specialty headphones for $100. They usually sell 5
pairs per day and purchase 150 pairs from their suppliers per month.
According to the law of supply, which outcome would be most likely if the
store could sell the headphones for $120 without losing customers?
A. The store would purchase 175 pairs per month,
B. The store would sell 3 pairs per day.
C. The store would sell 7 pairs per day,
D. The store would purchase 100 pairs per month.

Answers

D. The store would purchase 100 pairs per month

As the electronics store sells specialty headphones for $100. They usually sell 5 pairs per day and purchase 150 pairs from their suppliers per month. According to the law of supply, if the store could sell the headphones for $120 without losing customers then it would have to sell 7 pairs per day.

What is Law of supply?

Law of supply is a fundamental principal of Economic theories. It states that keeping all the other factors at constant, an increase in the the price of the product results in the increased supply of that product.

What is the Formula of Law of Supply?

Qs = x + yP

Where:

n  Qs = the quantity supplied

n  X = quantity

n  P = price

n  Y = variable

Hence option C is the correct answer.

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An electronics store sells specialty headphones for $100. They usually sell 5pairs per day and purchase

Vikings Inc. reports the following amounts: How much goodwill would be recorded if Torretta Holdings purchases Vikings for $720,000?
Book Value Fair Value
Assets $400,000 $500,000
Liabilities $45,000 $45,000
Net income $25,000 A. $180,000
B. $280,000
C. $255,000
D. $100,000
E. $155,000

Answers

If Torretta Holdings purchases Vikings Inc. for $720,000, the amount of goodwill recorded would be $155,000.

Goodwill is an intangible asset that represents the value of a company's reputation, customer relationships, and other non-physical assets. To calculate goodwill in an acquisition, the purchase price is compared to the fair value of the net assets acquired. In this case, the fair value of Vikings Inc.'s assets is $500,000, and the fair value of liabilities is $45,000. Thus, the fair value of net assets is ($500,000 - $45,000) = $455,000. The purchase price of $720,000 exceeds the fair value of net assets, resulting in goodwill. Therefore, the goodwill recorded would be ($720,000 - $455,000) = $265,000. However, goodwill cannot exceed the fair value of the net assets, so the maximum goodwill recorded would be $155,000. If Torretta Holdings purchases Vikings Inc. for $720,000, the amount of goodwill recorded would be $155,000, as it is the difference between the purchase price and the fair value of net assets.

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Indicate the point where a monopoly will set its price.

Indicate the point where a monopoly will set its price.

Answers

Answer:

A monopoly will set its price at the point where marginal cost and marginal revenue intersects or meet (MC = MR).

Explanation:

A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. Thus, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes. Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.

For example, a public power company that serves as the only power utility (electricity) provider to the public.

Generally, a monopoly will set its price at the point where marginal cost and marginal revenue intersects or meet (MC = MR). This is simply because a monopoly would derive the maximum profit at the point where MC = MR.

Answer:

The dot where green and red meet.

Explanation:

in addition to the defenses against fraud that due care has been exercised and the auditor followed gaas, the auditor must show that (select all that apply):

Answers

GAAS helps to ensure that an auditor's actions and reports are accurate, consistent, and verifiable. GAAS is divided into three sections: general standards, fieldwork, and reporting.

What role do the generally accepted auditing standards GAAS play in the audit function?

An independent auditor plan executes, and reports on audit results in accordance with auditing standards (GAAS). Auditing standards define audit quality and audit objectives.

To perform the audit, the auditor must have sufficient technical training and proficiency. The auditor must maintain mental independence in all audit-related matters.

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Answer:

1.) the auditor did not know the representation was untrue.

2.) the third party did not suffer any damages.

3.) the third party did not rely on the representation.

Explanation:

Other Questions
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