Answer:
its 250 second third is 500 and fourth is 1300
Precision Systems manufactures CD burners and currently sells 18,500 units annually to producers of laptop computers. Jay Wilson, president of the company, anticipates a 15 percent increase in the cost per unit of direct labor on January 1 of next year. He expects all other costs and expenses to remain unchanged. Wilson has asked you to assist him in developing the information he needs to formulate a reasonable product strategy for next year.
You are satisfied that volume is the primary factor affecting costs and expenses and have separated the semivariable costs into their fixed and variable segments. Beginning and ending inventories remain at a level of 1,000 units. Current plant capacity is 20,000 units. The following are the current-year data assembled for your analysis.
Sales price per unit $100
Variable costs per unit:
Direct materials $10
Direct labor $20
Manufacturing overhead and selling and administrative expenses 30 60
Contribution margin per unit (40%) $40
Fixed costs $390,000
Required:
a. What increase in the selling price is necessary to cover the 15 percent increase in direct labor cost and still maintain the current contribution margin ratio of 40 percent?
b. How many units must be sold to maintain the current operating income of $350,000 if the sales price remains at $100 and the 15 percent wage increase goes into effect?
c. Wilson believes that an additional $700,000 of machinery (to be depreciated at 20 percent annually) will increase present capacity (20,000 units) by 25 percent. If all units produced can be sold at the present price of $100 per unit and the wage increase goes into effect, how would the estimated operating income before capacity is increased compare with the estimated operating income after capacity is increased? Prepare schedules of estimated operating income at full capacity before and after the expansion.
a. An increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.
b.The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The required sales volume is 18,500 units.
c. The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units
a. To maintain the current contribution margin ratio of 40 percent, the selling price per unit needs to be increased by 20 percent [(15 percent wage increase) / (current contribution margin ratio)].
Therefore, an increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.
b. To maintain the current operating income of $350,000, the number of units that must be sold can be calculated using the contribution margin ratio.
The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The formula for calculating the required sales volume is:
(Number of units) = (Fixed costs + Desired operating income) / Contribution margin per unit
Plugging in the values, we have:
(Number of units) = ($390,000 + $350,000) / $40 = 18,500 units
c. Before the capacity expansion, the estimated operating income can be calculated using the current production and sales volume of 18,500 units.
The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units.
The schedules of estimated operating income at full capacity before and after the expansion can be prepared by multiplying the respective sales volumes with the contribution margin per unit and subtracting the fixed costs and the wage increase.
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According to the video, what strategy do many banks use with their employees?
They transfer workers to new locations
They hire from other banks
They promote from within
They maintain the current staff
Answer: C
Explanation:
I just took the test
Answer:
The answer is c
Explanation:
When John asked Melanie to babysit Saturday night, he told her that he would pay $7 per hour. She accepted and did the work but has not yet received the money. What type of contract was this
Answer:
Bilateral contract
Explanation:
I got it right on Edmentum :)
On average, OCP receives 15 jobs per hour consisting of 50 percent standard, 30 percent deluxe, and 20 percent pro.
(a) How many jobs will arrive per hour at each station?
OCP receives 7.5 standard jobs, 4.5 deluxe jobs, and 3 pro jobs per hour at each station on average.
To solve this problem, we first need to calculate the number of standard, deluxe, and pro jobs that arrive per hour at OCP.
Given that OCP receives 15 jobs per hour consisting of 50% standard, 30% deluxe, and 20% pro, we can calculate the number of each type of job using percentages:
Number of standard jobs = 0.5 * 15 = 7.5
Number of deluxe jobs = 0.3 * 15 = 4.5
Number of pro jobs = 0.2 * 15 = 3
Therefore, on average, OCP receives 7.5 standard jobs, 4.5 deluxe jobs, and 3 pro jobs per hour.
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what are the major elements of market management? list them in 5 points.
Answer:
brain busters
Explanation:
its the answer coz i said it was
12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
1. Paid Office Station Co. for part of the debt incurred on April 5, $1,200.
Debit: Accounts Payable - Office Station Co.$1,200
Credit: Cash $1,200
2. Provided services on account, $4,200.
Debit: Accounts Receivable $4,200
Credit: Service Revenue $4,200
To pay off the remaining balance owing to Office Station Co., a debit is sent to the accounts payable account. To account for the cash outflow, the Cash account is credited. This journal entry records the settlement of a portion of the debt incurred on April 5 with Office Station Co.
The acknowledgment of revenue for services rendered to a client on the account is represented by this journal entry. To reflect the increase in the amount due by the client, the Accounts Receivable account is debited.
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The complete question is probably
Write journal entries
12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
deciding the objectives and to decide the resource marshalling in order to
realize the objectives
Organizations are known for their firm objectives. The act of deciding the objectives and to decide the resource marshalling in order to realize the objectives are said to be the focus of strategic and business planning.
The act of strategic and business planning?A business strategy often needs the information that are general, high level etc. A business plan or strategy must have a define objectives.
A tactic is often employed to know the ways which some products enter the market.
Resource marshalling is known as a strategic plan that is often long-term plan, and one that helps to known the right actions to support in terms of the mission and goals of the organization.
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Does the government control all market activity in the United States?
Answer:
Not directly. That would be fascist. There are some regulations placed on some businesses, but owners direct their own businesses.
according to the text, a consumer
1) an organism that releases oxygen
2) a business that takes in money
3) anyone or any group that purchases goods or services
4) none of these choices are correct
Answer:
The answer to your question should be 3 (C).
Explanation:
Correct me if I'm wrong. Have a good day :)
What reasons might an 18-year-old have for his/her thin file?
you just won the lottery! as your prize you will receive $1,500 a month for ten years. if you can earn 9.3% on your money, what is this prize worth to you today
The prize of receiving $1,500 a month for ten years, with a 9.3% annual interest rate, is worth approximately $79,576.50 today.
How to solveTo calculate the present value of this lottery prize, we can use the Present Value of Annuity formula, which is:
PV = P * [(1 - (1 + r)^-n) / r]
Where:
PV = Present Value
P = Payment per period ($1,500 per month)
r = Interest rate per period (9.3% per year, but we'll need to convert it to a monthly rate)
n = Number of periods (10 years, but we'll need to convert it to months)
First, let's convert the interest rate and number of years to monthly values:
There are 12 months in a year, so there will be a total of 10 years * 12 months/year = 120 months.
To convert the annual interest rate to a monthly interest rate, we'll divide it by 12. This gives us a monthly interest rate of 0.093 / 12 = 0.00775.
Now, we can plug these values into the Present Value of Annuity formula:
PV = $1,500 * [(1 - (1 + 0.00775)^(-120)) / 0.00775]
Calculating the present value:
PV ≈ $1,500 * [(1 - (1.00775)^(-120)) / 0.00775] ≈ $1,500 * [53.051]
PV ≈ $79,576.50
So, the prize of receiving $1,500 a month for ten years, with a 9.3% annual interest rate, is worth approximately $79,576.50 today.
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Assume that one year ago, you bought 340 shares of a mutual fund for $36 a share, you received a capital gain distribution of $0.55 per share during the past 12 months, and the market value of the fund is now $40 a share.
a. Calculate the total return for your $12,240 investment.
The total return on this mutual fund investment is $12,427.
Total return on investment refers to the total profit or loss on an investment, including any capital appreciation and dividends or distributions received.
Here's how to calculate the total return on a mutual fund investment:
Step 1: Calculate the total initial investment by multiplying the number of shares by the purchase price per share. For this investment, the total initial investment is: 340 shares x $36/share = $12,240.
Step 2: Add any capital gain distributions received during the investment period. In this case, the capital gain distribution per share is $0.55, so the total capital gain distribution received is: 340 shares x $0.55/share = $187.
Step 3: Calculate the current market value of the investment by multiplying the number of shares by the current market price per share.
In this case, the current market value is: 340 shares x $40/share = $13,600.
Step 4: Add any dividends or interest payments received during the investment period, if applicable.
If no dividends or interest payments were received, skip this step.
Step 5: Calculate the total return by adding the initial investment, capital gain distributions, and dividends or interest payments (if applicable), and then subtracting any fees or commissions paid during the investment period.
In this case, the total return is: $12,240 + $187 = $12,427.
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Vera has a June credit card balance of $476.09. Her payment due date is June 27th, with a grace period of 5 days. If her payment is late, the credit card company charges a $30 late fee. Vera wants to pay the full amount to have a zero balance. How much should she pay if her online payment is processed on July 6th? $
Answer:
$506.09
Explanation:
Calculation for the amount she should pay if her online payment is processed on July 6th
Since we were told that Vera payment due date is June 27th in which she has a June credit card balance of the amount of $476.09 and a grace period of 5 days was given to her in a situation where Vera payment is late with a charges of the amount of $30 as late fee, this means that the if her online payment is been processed on July 6th and she want to pay the amount amount in full in order for her to have a zero balance she will have to pay the amount of $506.09 calculated as:
Amount to be paid=Credit card balance+Late fee charges
Amount to be paid= $476.09+$30
Amount to be paid=$506.09
Therefore the amount Vera should pay will be $506.09
Answer:
$506.09
Explanation:
Lesson 2 Assignment
Product Combo A Combo B Combo C Combo D Combo E
Motorcycles 0 2 4 6 8
Surfboards 30 27 21 12 0
a. Graph the above production data, putting motorcycles on the horizontal axis.
b. What are the opportunity costs of moving from point B to point D and from point D to point A?
c. Point F represents 3 motorcycles and 21 surfboards. Plot this point on your graph and explain what it represents.
Point G represents 5 motorcycles and 24 surfboards. Plot this point on your graph and explain what it represents.
The cost opportunity from B to D is 15 surfboards, while the cost opportunity from D to A is 6 motorcycles.
What is the opportunity cost?In economics, opportunity cost refers to what is lost if one alternative is chosen over another. For example, if a country decides to manufacture only cars they are losing the opportunity to manufacture other products such as cellphones.
Opportunity cost from B to D:If you choose Combo B instead of D you lose the opportunity to manufacture 15 more surfboards
(27-12 = 15).Opportunity cost from D to A:If you choose Combo A instead of D, you lose the opportunity to manufacture 6 motorcycles
(0 to 6= 6).Poing F and G:Points F and G imply that if you manufacture 3 motorcycles you can only manufacture 21 surfboards (F), and if you manufacture 5 motorcycles the production of surfboards increases by 3 (24 surfboards).
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A contract with an illegal object is not voidable
True
False
Answer:false
Explanation:
False
A voidable contract is legal. Its a void contract that is illegal- thus this statement is false
Hope this helped you- have a good day bro cya)
what is the explanation of how 3D printing gives SpaceX a competitive advantage
and
Exploration of how AI could be used to enhance SpaceX's 3D printing capabilities
3D printing offers your organization a genuinely necessary upper hand. It permits you to create models quicker, decreases the expense of creation, requires less info (HR and gear), and diminishes above.
SpaceX involves 3D printing in their designing and assembling processes, including printing parts for rocket motors, spouts, and primary parts for the Bird of Prey 9 and Hawk Weighty rockets and Mythical serpent shuttle.
The improvement of an ML framework that utilizes PC vision to screen the creation cycle and fix material dealing with shortcomings continuously. The fundamental benefits of 3D printing are diminishing expenses, less waste, decreased time, getting an upper hand, lessening mistakes, classification, and creation on request.
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The federal and most state judicial branches have at least these three levels in the court system:
district, circuit, and appellate.
district, appeals, and supreme.
trial court, intermediate appellate court, and highest appellate court.
chancery, district, and appellate.
The three levels in the court system are the district, appeals, and supreme courts. Both federal and some states have these three levels.
While the courts may go by various descriptions, the three levels established by both federal and states' judiciary are the district (trial) courts, courts of appeals (intermediate appellate courts), and the supreme courts.Cases brought to the federal or state courts originate from the district or trial courts. They can move on to the intermediate courts of appeal before reaching the supreme court.Note that there are cases that can be handled at either the federal or state courts. And individuals and entities are allowed to initiate court proceedings in the federal or state courts. But the Federal Supreme Court chooses the cases to review because it is specifically concerned with constitutional matters.
Thus, these three levels of the federal and most states' judicial branches help to adjudicate cases brought by parties.
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NewTech purchases computer equipment for $255,000 to use in
operating activities for the next four years. It estimates the equipment's
salvage value at $20,000. What’s the year end hook value formula ?
The year-end book value formula for the computer equipment is given as
Year-End Book Value = Cost of Equipment - Accumulated Depreciation
At the end of the fourth year, the year-end book value will be 0
How to calculate Year-end book valueThe year-end book value formula for the computer equipment as
Year-End Book Value = Cost of Equipment - Accumulated Depreciation
To know the accumulated depreciation for each year, use the following formula:
Annual Depreciation = (Cost of Equipment - Salvage Value) / Useful Life
Where the useful life is the estimated number of years the equipment will be used in the business before it is sold or retired.
With 4 years of use, we can calculate the annual depreciation as follows:
Annual Depreciation = ($255,000 - $20,000) / 4
Annual Depreciation = $63,750
Therefore, the year-end book value formula for the computer equipment at the end of each year would be:
Year 1: $255,000 - $63,750 = $191,250
Year 2: $255,000 - ($63,750 x 2) = $127,500
Year 3: $255,000 - ($63,750 x 3) = $63,750
Year 4: $255,000 - ($63,750 x 4) = $0
At the end of the fourth year, the accumulated depreciation will equal the cost of the equipment minus its estimated salvage value, so the year-end book value will be zero.
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A firm has the following sales figures: Year 2011: $2.1 million. Year 2012: $2.3 million. Year 2013 $2.5 million. Year 2014 $2.2 million. Year 2015 $3.1 million. Using the naive approach, determine the forecast for next year's sales. A. $3.2 million. B. $3.1 million. C. $3.4 million. D. $2.5 million
Answer:
3.1 million
Explanation:
naive approach assumes that your projected data point is just your most recent one
because we have 3.1 million last year we assume that it's going to be that this year
2. List 12 things you should consider when buying a used car.
Find out if the car has been recalled
inspect the color
Check all the glasses
inspect the mirror
inspect the interior
look for leaks
Ensure that the car drives smoothly
Test the suspension
that's all I know
hope you will find this helpful
A lender will normally lend funds if he needs it to make a purchase?
True
O
False
Answer:
False
Explanation:
A lender is any individual or institution that advances funds to another entity on conditions that they repay. Most lenders are commercial institutions that make funds available to individuals and firms at a cost. In other words, lenders provide credit services to households and businesses.
Borrowers seek funds from lenders. It is the borrower who requires funds to finance planned activities.
Market research can help you strategize your _______ and _______ goals.
Primary research is more _______ than secondary research.
Your first marketing priority is to find out if you can _______ your product or services.
The grouping of people for marketing purposes is called _______.
Once you find out what people want, there’s a need to know the _______ for their choices.
Market research can help you strategize your business and marketing goals.
Primary research is more specific and tailored to your specific needs than secondary research.
Your first marketing priority is to find out if you can sell your product or services.
The grouping of people for marketing purposes is called segmentation.
Once you find out what people want, there's a need to know the motivations for their choices.
Market research plays a critical role in shaping business and marketing strategies by providing valuable insights into customer preferences, market trends, and competitive landscapes. It helps in identifying target markets, understanding customer needs, and developing effective strategies to achieve business and marketing goals.
By conducting research, businesses can gather data and information to inform their decision-making and ensure that their goals are aligned with customer expectations and market opportunities.
Primary research involves gathering firsthand data directly from the source, such as through surveys, interviews, or observations. It is more specific and focused on the unique needs and objectives of a particular study. Secondary research, on the other hand, involves using existing data and information from published sources.
While secondary research provides a broader understanding of a topic, primary research allows for more control and customization of the research process to address specific research objectives.
When launching a new product or service, one of the primary marketing priorities is to determine if there is a demand for it in the market.
Market research helps in assessing the viability and potential success of a product or service by gathering insights on customer preferences, needs, and market conditions. This information enables businesses to make informed decisions about product development, positioning, pricing, and marketing strategies.
Segmentation is the process of grouping individuals with similar characteristics or behaviors into distinct segments for marketing purposes.
By segmenting the market, businesses can target specific groups that are most likely to be interested in their products or services. Market segmentation allows for more personalized and targeted marketing strategies, resulting in better customer engagement and increased marketing effectiveness.
Once businesses identify what people want through market research, it becomes crucial to understand the motivations behind their choices. This involves delving deeper into the underlying reasons, preferences, and factors that drive consumer behavior.
By understanding the motivations behind consumer choices, businesses can tailor their marketing messages, product features, and overall customer experience to better align with customer needs and increase the chances of success in the market.
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Sloan Inc. recently invested in a project with a 3-year life span. The net present value was $9,000 and annual cash inflows were $21,000 for year 1; $24,000 for year 2; and $27,000 for year 3.
The initial investment for the project, assuming a 15% required rate of return, was _____.
Net Present Value
Answer:
Explanation:
To calculate the initial investment, we can use the formula for net present value (NPV) as follows:
NPV = present value of cash inflows - present value of initial investment
Given that NPV = $9,000 and the annual cash inflows for each of the three years, we can calculate the present value of cash inflows as follows:
PV of year 1 cash inflow = $21,000 / (1 + 0.15)^1 = $18,260.87
PV of year 2 cash inflow = $24,000 / (1 + 0.15)^2 = $18,137.32
PV of year 3 cash inflow = $27,000 / (1 + 0.15)^3 = $18,008.69
Therefore, the total present value of cash inflows is:
PV of cash inflows = $18,260.87 + $18,137.32 + $18,008.69 = $54,406.88
Now, we can rearrange the NPV formula to solve for the initial investment:
NPV + PV of initial investment = PV of cash inflows
Substituting the given values, we get:
$9,000 + PV of initial investment = $54,406.88
PV of initial investment = $54,406.88 - $9,000
PV of initial investment = $45,406.88
Finally, we can calculate the initial investment by finding the present value of $45,406.88 for 3 years at a 15% required rate of return:
Initial investment = $45,406.88 / (1 + 0.15)^3
Initial investment ≈ $29,508.88
Therefore, the initial investment for the project was approximately $29,508.88.
Here are the comparative income statements of Ayayai Corp..
AYAYAI CORP.
Comparative Income Statement For the Years Ended December 31
2017 2016
Net sales $632,600 $521,900
Cost of goods sold 463,600 410,400
Gross Profit 169,000 111,500
Operating expenses 79,300 47,200
Net income $ 89,700 S64,300
Prepare a horizontal analysis of the income statement data for Ayayal Corp, using 2019 as a base. (If amount and percentage are a decrease show the numbers as negative, eg -55,000, -20% or (55,000). (20%). Round percentages to 1 decimal place, eg. 12.1%.)
Answer:
Ayayai Corp.
Horizontal Analysis:
2020 Increase 2019
Net sales $632,600 $110,700 21.2% $521,900
Cost of goods sold 463,600 53,200 13.0% 410,400
Gross Profit 169,000 57,500 51.6% 111,500
Operating expenses 79,300 32,100 68.0% 47,200
Net income $ 89,700 25,400 39.5% $64,300
Explanation:
a) Data and Calculations:
AYAYAI CORP.
Comparative Income Statement For the Years Ended December 31
2020 2019
Net sales $632,600 $521,900
Cost of goods sold 463,600 410,400
Gross Profit 169,000 111,500
Operating expenses 79,300 47,200
Net income $ 89,700 $64,300
Percentage increase or decrease = (Increase/Decrease)/Base Year's Value
Why do we use lampshades and light fixtures?
~to make light speed up
~to create brighter light
~to make light slow down
~to keep light from scattering in all directions
Answer:
im pretty sure its D.
also hi sis.
what is your analysis on walmart financial health as of january 2021 compare to 2022
Which of the following is NOT a way in which a salesperson can steal from the
company?
Answer:
It’s not always easy to catch them in the act, but if you value transparency like we do, there’s a good chance you can stop fraudulent sales activity before it’s too late.
Companies should look at the specific target markets of competitors to benefit from market research efforts already done and to learn about consumers in the target market. True or False
It is a true statement that companies should look at the specific target markets of competitors to benefit from market research efforts already done and to learn about consumers in the target market.
Should companies look at competitors' target markets for research?Companies will benefit from studying the target markets of their competitors as part of their market research efforts because it helps to gain insights into the needs, preferences, and behavior of consumers in those markets.
So, this can inform their own marketing strategies and product development. Also, its helps to analyse the strengths and weaknesses of competitors' marketing approaches which help companies identify opportunities for differentiation and competitive advantage.
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You have recently been hired as the staff attorney at a growing independent film studio in Van Nuys, California. Among your duties are to carefully review films’ content prior to their distribution, monitor all of the legal issues that may arise after the film has been released to theaters as well as when it is released on DVD, as streaming digital content or for broadcast television. In an essay of approximately 250 words, describe what you focus on as the film before a feature film’s worldwide release and premiere, issues that may be of concern to you when it is in theaters, and finally, what you will focus on when that film is released for a second time on DVD, online and broadcast television.
In order to write an essay on the roles of an independent film studio attorney in relation to film content review, legal and distribution issues, it is necessary to understand what the studio's and investors' greatest needs before and after movie release.
Copyright registrationThis is one of the main needs of a film production company, it is necessary to register the date and content of the original work, so that in case of plagiarism and illegal distribution, the owner of the work has legal protection to contest their rights.
Therefore, it is essential that there is an alignment of the film's content to the public, avoiding issues that can be interpreted ambiguously as disrespect for cultures and minorities, for example, which can culminate in legal sanctions for the producer.
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Once you have explained how Emma is currently applying the five Ps to the products R&CC sells, identify at least one new way that each of the five Ps could be improved. When making your recommendations, be as specific as possible so that she can execute some of your ideas immediately.
The five Ps of marketing and potential applications Products should meet criteria, prices should be reasonable, staff should be informed, and promotional strategies should successfully communicate
The five Ps of marketing are described in detail, along with potential applications. Emma needs to make sure that the products from R&CC meet the criteria for Pricing should be comparable with those made available by rival merchants while still allowing for a profit margin. Along with making sure that their products are available to customers and that they have a promotional strategy that effectively communicates, Emma needs to make sure that R&CC's staff is knowledgeable, friendly, and offers good customer service.
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