Robusta Coffee Importers sold 7,000 units in October at a sales price of $50 per unit. The variable cost is $15 per unit. The monthly fixed costs are $12,000. What is the operating income earned in October?
Answers
The operating income earned in October is $233,000.
First, let's calculate the total sales revenue:
Total sales revenue = Number of units sold * Sales price per unit
Total sales revenue = 7,000 * $50
Total sales revenue = $350,000
Next, let's calculate the total variable costs:
Total variable costs = Number of units sold * Variable cost per unit
Total variable costs = 7,000 * $15
Total variable costs = $105,000
Now, we can calculate the contribution margin:
Contribution margin = Total sales revenue - Total variable costs
Contribution margin = $350,000 - $105,000
Contribution margin = $245,000
Finally, we can calculate the operating income:
Operating income = Contribution margin - Monthly fixed costs
Operating income = $245,000 - $12,000
Operating income = $233,000
Therefore, the operating income = $233,000.
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Related Questions
How is the focus group discussion (POD) used as a method of generating ideas?
Answers
Answer:
In a focus group, a moderator leads a group of people through an open, in-depth discussion rather than simply asking questions to solicit participant response. For a new product area, the moderator focuses the group discussion in either a directive or a nondirective manner.
I need help I don’t get this
Answers
The friest answer bc she said budget
Answer:
it's C, because when you budget you are trying to save money.
Explanation:
The true lending act requires credit card companies to:
Answers
Answer:
It requires lenders to provide you with loan cost information so that you can comparison shop for certain types of loans.
Explanation:
The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 3,300 direct labor-hours will be required in January. The variable overhead rate is $8 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $43,170 per month, which includes depreciation of $3,590. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:
Answers
Answer:
$65,980
Explanation:
Calculation for what The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be
Using this formula
Cash disbursements for manufacturing overhead= Variable + Fixed
Let plug in the formula
Cash disbursements for manufacturing overhead=(3,300*$8) + ($43,170 - $3,590)
Cash disbursements for manufacturing overhead= $26,400 + $39,580
Cash disbursements for manufacturing overhead= $65,980
Therefore The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be $65,980
Explain the concept of market and market identification.
Identify communications channels used in sales promotion.
Explain types of advertising media.
Describe effective advertising layouts.
Write copy for advertisements.
Answers
Copywriting for advertisements should be concise and to the point, utilize descriptive language, use active voice, include an attention-grabbing headline, and provide a clear call-to-action.
What is Copywriting?Copywriting is the practice of crafting words and phrases in order to create promotional materials that are designed to sell products or services. It requires a great deal of creativity and an ability to write in an engaging and persuasive manner. Copywriting involves researching, understanding the target audience, creating attention-grabbing headlines and crafting persuasive copy to persuade readers to take action. It is an essential part of the marketing process and can be used to effectively reach potential customers and increase sales. Copywriters use a variety of techniques to create effective copy, such as using powerful words, creating vivid imagery, and making use of persuasive language. Copywriters must be able to understand the needs of their target audience, create compelling headlines and body copy, and be able to effectively target the right people. In addition, copywriters must be able to measure the success of their copy and make adjustments based on the results.
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the widget market is competitive and includes no transaction costs. five suppliers are willing to sell one widget at the following prices: $30, $29, $20, $16, and $12. five buyers are willing to buy one widget at the following prices: $10, $12, $20, $24, and $29. what is the equilibrium price and quantity in a competitive market?
Answers
The equilibrium price in this competitive market is $20
How to determine the equilibrium price?In a competitive widget market with no transaction costs, the equilibrium price and quantity can be determined by analyzing the supply and demand schedules.
The five suppliers are willing to sell widgets at prices of $30, $29, $20, $16, and $12, while five buyers are willing to buy widgets at prices of $10, $12, $20, $24, and $29.
To find the equilibrium price, we look for the price at which the quantity supplied equals the quantity demanded.
In this case, at a price of $20, three suppliers are willing to sell widgets ($20, $16, and $12), and three buyers are willing to buy widgets ($20, $24, and $29).
Thus, the equilibrium price in this competitive market is $20. At this price, the equilibrium quantity is three widgets, as there are three suppliers willing to sell and three buyers willing to buy at the equilibrium price.
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what two companies were in charge of building the railroad?
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The two companies primarily responsible for building the transcontinental railroad in the United States were the Central Pacific Railroad, built the “Big Four”:
Collis Huntington, Leland Stanford, Mark Hopkins, Charles Crocker, and the Union Pacific Railroad, were built by Thomas Durant, Grenville Dodge, and their associates.
The Central Pacific Railroad built buildings eastward from Sacramento, California, and the Union Pacific Railroad built buildings westward from Omaha, Nebraska. The two firms collaborated.
The first transcontinental railroad in the United States was finished in 1869 at the meeting of the two firms near Promontory Peak, Utah, after a number of difficulties.
A significant engineering achievement, the railroad's construction opened up new commercial, transport, and communication opportunities between the US coasts.
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.Which of the following is an example of a "workforce planning and recruitment" function?
A) Offering training and development
B) Assessing employee performance
C) Managing compensation and benefits
D) Advertising for employees
Answers
The correct answer is D) Advertising for employees, Advertising for employees is an example of a "workforce planning and recruitment" function.
This involves creating job postings, placing job advertisements, utilizing various recruitment channels, and attracting potential candidates to apply for open positions within an organization.
The goal is to actively seek and identify qualified individuals to fill job vacancies and build a pool of potential candidates for future hiring needs.
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In December 2021, you accounting firm accepted an audit engagement at Jenson Jewellers
Ltd, a company that deals largely in diamonds. The company has retail jewellery stores in
several Australian states and a diamond wholesale store in Sydney. The wholesale store
also sets the diamonds in rings and other jewellery.
The retail stores place orders for diamond jewellery with the wholesale store in Sydney. A
buyer employed by the wholesale store purchases diamonds in the local and overseas
diamond market, and the wholesale store then fills the orders from the retail stores and
from independent customers. They maintain a substantial inventory of diamonds. The
company values its inventory by the specific identification cost method.
Required:
Assume that at the inventory date, you are satisfied that Jenson Jewellers Ltd has no items
left by customers for repair or sale on consignment and that no inventory owned by the
company is in the possession of external parties.
a. Discuss the problems the auditor should anticipate in planning for the observation of
the physical inventory on this engagement because of:-
a. Different locations of inventories
b. Nature of the inventory
b. an audit program is required for the verification of the company's diamond and diamond
jewellery inventories, identifying any steps that you would apply only to the retail
stores or to the wholesale store.
c. Assume that a shipment of diamond rings was in transit from the wholesale store to a retail store on the inventory date. What additional audit steps would you include in
the plan to satisfy yourself as to the gems that were in transit from the wholesale store
on the inventory date?
Answers
The auditor should anticipate problems in planning for the observation of the physical inventory at Jenson Jewellers Ltd due to different inventory locations and the nature of the inventory.
What challenges may arise during the physical inventory observation at Jenson Jewellers Ltd?In planning for the observation of the physical inventory at Jenson Jewellers Ltd, the auditor needs to consider the challenges posed by the different locations of inventories. With retail stores in multiple Australian states and a wholesale store in Sydney, it becomes crucial to determine the appropriate timing and logistics for visiting each location to conduct the physical count.
Coordinating with the management of each store and establishing clear communication channels will be necessary to ensure the smooth execution of the inventory observation process.
Furthermore, the nature of the inventory, which consists of diamonds and diamond jewelry, adds complexity to the audit engagement. Diamonds are high-value items, susceptible to theft or misplacement. Therefore, the auditor needs to devise appropriate safeguards and control measures to minimize the risk of loss or mishandling during the physical count. This may involve implementing security protocols, such as the presence of security personnel or surveillance systems, to protect the inventory during the observation.
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Write "True" if the statement is correct & "False" if the statement is incorrect.
Answers
Answer:
where's the question?
Explanation:
ethical issues in brand management can include all of the following except:
Answers
The "Ethical-issues" in brand-management include all the options except (d) domain constitution.
The Domain-Constitution refers to the process of establishing and assigning domain names for websites. It is not directly related to ethical issues in brand management.
Ethical concerns in brand management generally revolve around issues like brand infringement (a), cyber squatting (b), and the potential loss of trademark protection when a brand name becomes a generic term (e). However, domain constitution is not considered as an ethical issue in brand management.
Therefore, the correct option is (d).
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The given question is incomplete, the complete question is
Ethical issues in brand management can include all of the following EXCEPT:
(a) brand infringement
(b) cyber squatting
(c) new brand names like Go-ogle and Twit-ter, because the names have entered everyday conversation, as in "I Go-ogled myself" or "I Tweeted you."
(d) domain constitution
(e) when a brand becomes so well-established that it may be considered a generic term, such as a Kleenex tissue or a Xerox copy.
if a contract for the sale of goods between two parties would have yielded a void contract, but the goods from the contract have already been sold to a third party, that third party has what kind of title to those goods?
Answers
The third party who bought the goods from the void contract would have what is called a "voidable title" to those goods.
When a contract is void, it means that it is not legally binding and has no legal effect. In this case, the original contract for the sale of goods between the two parties would have been void, meaning that it is as if the contract never existed. However, if the goods from the void contract have already been sold to a third party, the third party would have acquired the goods in good faith, without knowledge of the void contract. In this situation, the third party is protected by the principle of "bona fide purchaser for value without notice." This means that the third party bought the goods in a legitimate transaction and did not have any reason to suspect that there was an issue with the original contract.
As a result, the third party would have what is called a "voidable title" to the goods. This means that while the original contract was void and had no legal effect, the third party's ownership of the goods is not affectedre the rightful owner.It's important to note that the rights of the third party may be subject to any valid claims that the ori. The third party has a valid claim to the goods and can use, sell, or othewise deal with them as if they weginal parties to the void contract may have against each other. For example, if one of the original parties breached the contract or committed fraud, they may still have legal remedies against each other.
However, these claims would not affect the third party's ownership of the goods.In summary, the third party who bought the goods from the void contract would have a voidable title to those goods, which means they have a valid claim and ownership rights to the goods, despite the original contract being void
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when paychecks are distributed to employees on december 30, 2016, employee george is ill and does not claim his check until january 2017. for what year must this income be reported?
Answers
If George receives his paycheck in January 2017 which was entitled to be given to him in December 30, 2016, then the income will be reported for the year 2016.
An income can be described as the amount of money you make from doing a particular job or business. In the field of business, the income you make in a specific month is reported for that specified month. Even if you get late in getting the payments, then also the income is reported for that particular month and year in which the work for that income was done.
Hence, although employee George is claiming his check in January 2017, as his income was made for the year 2016, hence the income will be reported for the year 2016.
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The manager of a profit center is responsible for A. delivering a quality product or service at reasonable but minimal cost. B. decisions to invest in capital equipment. C. decisions regarding revenue generation. D. both a and c.
Answers
The responsibility of a profit center manager includes providing a quality product or service at a reasonable cost, as well as making decisions related to generating revenue. The correct alternative is option D.
As a profit center is a part of an organization that generates revenue and incurs costs, the manager's primary responsibility is to maximize profits. To achieve this goal, the manager must focus on reducing costs while increasing revenue. Therefore, the manager is responsible for ensuring that the product or service delivered meets the customer's expectations while keeping the cost low.
Moreover, the manager is responsible for making decisions regarding revenue generation, such as pricing, marketing, and sales strategies. This involves analyzing market trends and identifying opportunities for growth. The manager must also consider the competition and take steps to maintain a competitive edge in the market.
Overall, the manager of a profit center has a significant role in the financial success of the organization and must make strategic decisions to ensure profitability.
In conclusion, The correct alternative is option D. both A and C.
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In the portfolio matrix, characteristics of goods and services in the leverage quadrant are:Multiple Choicecompetitive supply market, substitution is possible, total cost is a primary focuspetitive supply market, substitution is possible, price per unit is important.item substitution is possible, switching is difficult, many suppliers are available.item substitution and supplier switching are possible, but few suppliers are capable.few suppliers with adequate capability so substitution and switching are difficult.
Answers
Answer:
Competitive supply market, substitution is possible, price per unit is important.
Explanation:
A portfolio variance is used to determine the overall risk or dispersion of returns of a portfolio and it is the square of the standard deviation associated with the particular portfolio.
The portfolio variance is given by the equation;
\(Variance = w^{2}_{1} d^{2}_{1} + w^{2}_{2} d^{2}_{2}+2w_{1}w_{2}C_{OV_{1, 2}}\)
Where;
\(w_{n}\) = the weight of the nth security.
\(d^{2}_{n}\) = the variance of the nth security.
\(C_{OV_{1, 2}}\) = the covariance of the two security.
In the portfolio matrix, characteristics of goods and services in the leverage quadrant are competitive supply market, substitution is possible, price per unit is important. Thus, the leverage quadrant represents a significant part of expenditures and are really important for a business.
A jet engine has 10 components in series. The average reliability of each component is 0.998. What is the reliability of the engine?
Answers
Answer:
98%
Explanation:
RE = RC1 * RC2 * ....... * RC10:.RE = Reliabilility of the Engine & RC = Reliability of the Components
RE = 0.998 * 0.998 *........ * 0.998
RE = (0.998)^10
RE = 0.9802
RE = 98.02%
Thus, the Reliability of Engine is 98% approximately.
People are living paycheck to paycheck why is that a problem
Answers
Which of these is not a way of maintaining open communication?
Answers
Answer:
d.Talk only to managers for status reports
Explanation:
Answer:
d
Explanation:
FİZİKSEL, BİYOLOJİK VE TOPLUMSAL YASALAR BÜTÜN İNSANLIĞI İLGİLENDİREN EVRENSEL YASALARDIR. EVRENDEKİ YASALAR İLE İLGİLİ KUR'AN AYETLERİ İNCELENDİĞİNDE, YARATILIŞTAKİ MÜKEMMEL ORANA VURGU YAPILDIĞI GÖRÜLÜR. +++++ verilen metinde bahsedilen ayetler aşağıdaki kavramlardan hangisinin kapsamında değerlendirilebilir? A- ilim B-kader C- tevekkül D-ibadet ******* acil bakar mısınız? 8. Sınıf din kültürü sorusu plss :((
Answers
Answer:
huh
Explanation:
Influence is the ability to get others to accomplish tasks because group members recognize that the leader has special knowledge in the area.a. Trueb. False
Answers
True, Expert Influence occurs when group members acknowledge the leader's unique expertise in the subject.
What is Influence?The ability to significantly affect someone or something is known as influence. If someone has an impact on another person or object, they are indirectly yet significantly altering it.
What is Formal influence?Depending on their relationships, official leaders can also exert informal power. Formal leaders have formal authority granted by the company through its rules and procedures. Informal leaders lack official organizational leadership authority.
What is Informal influence?Influence that does not stem from formal authority. Factors that either appear to encourage or prevent organizations from gaining informal influence
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ve durel evaluation of your work.
Aa
:)))
Hola
Activity
Lydia is a senior in high school. She works 20 hours a week at a popular clothing store. She is trying to save as much
money as possible for her college tuition. However, she has to buy a dress for prom, pay her car insurance, and get a
birthday gift for her sister. This week she received a $400 paycheck. She wants to deposit the entire check in her
savings account for her college tuition, but she stops herself. She decides instead to put $100 in the bank, spend $200
for her prom dress, pay $80 for her car insurance, and buy her little sister a $20 birthday gift. While shopping, she
sees a doll worth $21, which she thinks her sister will absolutely love. As a result, she decided to buy the more
expensive doll and spend less on her dress.
Did Lydia make an all-or-nothing or a marginal decision while spending her money?
Answers
Answer:
marginal decision
Explanation:
Marginal decision involves spending a little more or a little less than what has already been planned for based on the benefit to be gotten. If the marginal benefit exceeds the marginal cost, then the choice is a good choice. Marginal decision are made by using marginal analysis, that is comparing the cost and benefits of spending a little more or a little less.
In this scenario, she spends $1 more to buy her sister a doll because she thinks her sister would love it. The marginal cost in this case is $1. As a result on spending more on the gift, she spends less on her dress.
Explain how the U.S. economic system differs from the economic system in Cuba.
Answers
what is the difference between internal and external growth? Please explain?
Answers
The balance on the plant and machinery account at cost on January 20×1 was €10,000. On 1 May plant costing €1,500 was sold. New machinery costing €6,000 was purchased on 1 September. Depreciation is charged, month-by-month, on a straight-line basis at 10% per annum and amounts for the year ended 31 December 20X1 to:
(a) €1,250
(b) €1,100
(c) €1,050
(d) €1,200
Answers
The correct answer is not provided among the given options. The depreciation amount for the year ended 31 December 20X1 is €533.33, which is not listed in the options provided (a) €1,250, (b) €1,100, (c) €1,050, (d) €1,200.
The depreciation amount for the year ended 31 December 20X1 can be calculated by considering the following information:
1. The balance on the plant and machinery account at cost on January 20×1 was €10,000.
2. On 1 May, plant costing €1,500 was sold.
3. New machinery costing €6,000 was purchased on 1 September.
4. Depreciation is charged month-by-month on a straight-line basis at 10% per annum.
To calculate the depreciation for the year, we need to consider the duration for which each asset was owned during the year.
Here are the steps to calculate the depreciation:
1. Calculate the depreciation for the plant and machinery owned from January to April (4 months):
Depreciation = (€10,000 * 10% * 4/12) = €333.33
2. Calculate the depreciation for the new machinery purchased on 1 September from September to December (4 months):
Depreciation = (€6,000 * 10% * 4/12) = €200
3. Add up the depreciation for both assets:
Total depreciation = €333.33 + €200 = €533.33
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savon was suprised to learn that when his business grew and he needed to order more raw materials, the costs of materias and units production were less per item, this demonstrates the concept of
Answers
Based on the fact that Savon's business saw less individual costs as the company grew, this is the concept of Economies of Scale.
What is Economies of scale?
It is a phenomenon that is observed when a company grows larger and becomes more efficient.
It is noted that the more goods are produced, the less the individual costs of these goods because the costs will be spread out over more goods than before.
In conclusion, this is economies of scale.
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Define buisness collaboration. What are the things to be considered in buisness collaboration?
Answers
Answer:
Is a working practice where people work together for a commonpurpose to a achieve a bussiness benefit. Type of collbration is network, coalitions and movement and public private partnership and collective impact initiatives
Explanation:
This is the best way I can explain it hope this helps u
Explain why the credit industry wants you to believe that you need a credit score
Answers
Answer:
Because the credit industry gains a profit from it's users. Credit is a tool, and if used wisely can be beneficial for many people who don't have enough cash to pay for things. Having "good" credit score means that it's easier for you to receive a loan.
Let understand that Credit score refers the score which tells about a consumer's creditworthiness.
In practice, the higher the credit score of an individual, the higher the rate of repayment of credit gotten.
The Credit scoring is used the lenders to help them decide whether to borrow, extend or deny credit.
Therefore, the credit industry wants one to believe you need credit score because its helps them to ascertain your creditworthiness.
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Which merit good does the U.S. government provide through a payroll tax?
A. Infrastructure
B. Retirement benefits
OC. Consumer protection
D. National defense
Answers
What worthwhile services does the American government offer through a payroll tax B. Retirement benefits
How does retirement benefit work?Employees who have retirement benefits are still eligible to receive benefits after leaving their jobs. Both a set monthly payment over the course of the person's lifetime and a lump sum are options for these benefits' distribution.
Are Social Security and retirement benefits the same?Social Security is a basic income program for senior citizens that is guaranteed by the government and is funded by a separate levy on both employees and employers. Other forms of retirement savings, such as a 401(k) or an IRA, are advocated because Social Security will typically not be sufficient for retirees without a pension.
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Which statement best explains why the United States grew into a world
economic power in the 20th century?
O A. The United States prevented other countries from abandoning the
gold standard.
O B. The United States increased its participation in international trade.
C. The United States put effective trade barriers in place to limit trade
with other nations.
D. The United States stayed out of major world wars and instead
made economic investments.
Answers
Answer:
B. The United States increased its participation in international trade.
Explanation:
The correct option is - B. The United States increased its participation in international trade.
What job in the marketing field is not typically available to people just starting their marketing career?
A.Manager
B.Graphic designer
C.Web developer
D.Editor
Answers
Answer:
manger
Explanation:
i took the test
The job in the marketing field is not typically available to people just starting their marketing career as of Managers. Thus the correct option is A.
What is a Career?A career is what someone chooses as a vocation to earn money. An individual's career is based on his talents, skills, and abilities, which enable him to seek growth and development and achieve his life goals.
When an individual starts their career in the field of marketing they get opportunities on the beginner level like graphic designer, web developer as well as Editor.
The manager-level job is a high-position job that requires expertise and experience in order to bring excellent work to the organization by completing the tasks and achieving goals.
Therefore, option A is appropriate.
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