bs company is considering eliminating the following product line: product axp sales $ 80,000 less variable costs: raw materials 50,000 direct labor 10,000 contribution margin $ 20,000 less fixed costs: facility-level costs allocated to products 30,000 profit (loss) $ (10,000 ) what amount of cost is avoidable if bs outsources production of this product? a. $20,000 b. $50,000 c. $90,000 d. $60,000
Answers
The amount of cost that is avoidable if BS outsources the production of the product is $60,000.
The contribution margin is the amount of money that a company makes on a product after subtracting the variable costs from the sales revenue. In this case, the contribution margin is $20,000 ($80,000 - $50,000 - $10,000).
The contribution margin is a good indicator of how much a company can afford to spend on fixed costs such as facility-level costs allocated to products.
In this case, the fixed costs are $30,000, which means that the product line is not profitable. If the company outsources the production of the product, it will save $50,000 ($50,000 raw materials + $10,000 direct labor) in variable costs.
However, it will still have to pay the fixed costs of $30,000.So, the total cost that is avoidable if BS outsources production of this product is $50,000 (variable costs) + $10,000 (contribution margin) = $60,000 (Option D).
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Related Questions
Underline the two items that are affected.
State whether each item is increasing or decreasing.
1.Sold office machinery for cash
2. Bought motor lorry for cash
3. Sold motor lorry for cash
4. Bought motor van by cheque
5. Bought office furniture by cheque
Answers
2. Increase in machinery (motor lorry) , decrease in cash
3. Decrease motor lorry, increase cash
4. Increase machinery and equipment, increase in accounts payable
5. Increase in office furniture , increase in accounts payable
In July 1999, the average price of gasoline was $1.197 per gallon in the U.S. By July 2008, the average price of gasoline was $4.114 per gallon. Assuming the price continues to increase linearly, determine an appropriate model for the price per gallon of gasoline x years after July 1999. Interpret the y-intercept, then use the model to predict the price of gasoline per gallon in July 2025.
Answers
Using this linear model, the predicted price of gasoline per gallon in July 2025 would be approximately $9.613.
To determine an appropriate model for the price per gallon of gasoline x years after July 1999, we can use the linear equation:
price = mx + b
where x represents the number of years after July 1999, m is the slope (rate of increase), and b is the y-intercept.
We can calculate the slope (m) using the given data:
m = (price2 - price1) / (year2 - year1)
= ($4.114 - $1.197) / (2008 - 1999)
= $2.917 / 9
= $0.3241
Using the slope, we can determine the equation for the price per gallon of gasoline:
price = 0.3241x + b
To find the y-intercept (b), we can substitute one of the data points:
$1.197 = 0.3241(0) + b
b = $1.197
The equation for the price per gallon of gasoline x years after July 1999 is:
price = 0.3241x + $1.197
To predict the price of gasoline per gallon in July 2025, we need to calculate the number of years since July 1999 (x = 2025 - 1999 = 26):
price = 0.3241(26) + $1.197
price = $8.4166 + $1.197
price ≈ $9.613
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Questions If the size of a tax increases, tax revenue a. increases. b. decreases c. remains the same O d. may increase, decrease, or remain the same.
Answers
If the size of the tax increases, tax revenue may increase, decrease, or remain the same. Option D
What is tax revenue?Generally, Tax revenue is defined as the sum of all revenues collected from various types of taxation, including but not limited to taxes on income and profits, social security contributions, taxes imposed on goods and services, payroll taxes, taxes on the ownership and transfer of property, and other types of taxes.
The money that is collected by governments via the process of taxes is referred to as tax revenue. The majority of a country's income comes from various forms of taxation.
Revenue may be generated from a variety of sources, including private persons and businesses, governmental organizations, commercial activities, natural resource royalties, and/or contributions from other countries.
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Step 3: Creating a Balanced Family Budget
a) Search for a "family budget estimator" and calculate the monthly expenses for a family living
in your city.
Insert a screenshot of the calculator you used, as well as all of the information you entered
into it. If you are unable to insert a screenshot, then list the information below. (10 points)
b) State the minimum monthly income and hourly wage per worker needed to cover monthly
expenses for the family you used in part a. Then, explain how to calculate the hourly wage
Show we’re u found your information
Answers
The family budget calculator use is attached accordingly. See relevant definition below.
What is the minimum monthly income and hourly wage per worker required to cover the monthly expenses indicated in the budget?The total budget indicated is $7,304. Hence to cover for the above expenses, one would need to work for at least 8 hours per day, and 5 days a week at the minimum income wage of $50 dollars/Hour.
This translates to:
50 x 8 x 20
= $8,000
What exactly is a family budget?A family budget is a plan for your household's incoming and outgoing funds for a specific time period, such as a month or year.
What is the definition of a Family Budget Calculator?The Family Budget Calculator calculates the amount of money required for a family to maintain a modest but decent level of life.
The budgets project community-specific expenses for ten different family types (one or two adults with zero to four children) across all counties and metro regions in the United States.
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wich situation would cause the price of a product to fall the most
Answers
what is a perfect market?
Answers
‘in a perfect market, confidence in a brand should coincide exactly with its market share’
Answer:
A Perfect market is
a market where the sellers of a product or service are free to compete fairly, and sellers and buyers have complete information: The internet has a big part to play in the creation of a perfect market. Compare. imperfect market.
A $5,000,000 issue of construction bonds were sold at par by he capital projects fund, Debt issuance costs included administrative fees of $45,000 and prepaidinsurance costs of $5,000.
Prepare in general journal form the necessaary entries in the governmental activities and approppriate fund journals for each transaction. Expanations may be omitted, For each entry you prepare, name the fund on which the entry should be made.
Answers
Answer and Explanation:
The journal entries are shown below:
Cash Dr $5,000,000
To Bond proceeds $5,000,000
(Being issuance of the constructions bonds are recorded)
Debt issuance cost $50,000
To Cash $50,000
(Being debt issuance cost is recorded)
Cash $4,950,000
Debt issuance cost $50,000
To Bond Proceeds $5,000,000
(being issuance of the construction bond is recorded)
Which type of document typically includes contract contingencies?
Purchase and sale agreement.
O Assignment of contract.
Appraisal.
O Option contract.
Answers
Answer:
A.
Explanation:
a promise made in return for an act or event that has already taken place is fully enforceable. true false
Answers
Considering the Past: Due to a lack of sufficient consideration, promises made in exchange for actions or events that have already taken place are null and void.
Is it a set of promises that the law can enforce?“a promise or set of promises, for the breach of which the law gives a remedy, or the performance of which the law in some way recognizes as a duty,” is what is meant by the definition of a contract. There must be an offer, acceptance, and consideration in order to create a legally binding contract.
In contract law, what does a return promise mean?The promise to do or not do something in exchange for something else, or the actual "doing" or "refraining from doing" of something else. The fundamental idea is that the promise is being kept because the promisee paid a price or consideration for it.
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What is Seth gordins overall message to marketers?
Answers
Answer:
“making things better, by making better things”
Explanation:
hope it helps
mark me brainliest pls
Match the terms in Column I with the descriptions in Column II
Column I
1. Religious values
2. Prudential values
3. Intellectual values
4. Accountability
5. Aesthetic values
6. Integrity
7. Economic values
Column II
A. concerned with one's religious doctrine
B. concerned with beauty and appearance concerned with one's own interests
C. concerned with reasoning
D. concerned with cost, efficiency, and control
E. people with this value behave in a manner that is consistent with ethical beliefsa
F. quality in individuals whereby each knows, understands, considers and accepts
G. the impact and consequences of personal actions and decisions
Answers
Answer:
Where is a picture of the assignment
Explanation:
Leopardstown Fitness Centre in Dublin is considering the purchase of some new training equipment which has a retail price of €8,600. The club has only €600 available to fund the purchase at this time. Following discussions with its local bank, as well as a sales representative from the suppliers, the centre is faced with the following possibilities.
Rental: Pay a monthly rental of €140 for five years, plus an annual maintenance payment of €150.
Hire purchase: Pay a deposit of €600, plus 60 monthly instalments of €150.
A final payment of €480 must then be paid.
Bank loan: Borrow the amount needed for five years on which interest is charged at a flat rate of 7% per annum.
Calculate the total cost of each option over a five-year period.
Answers
Answer:
The cost of each option is as below
Explanation:
Option A: Rental
monthly rental for five years: each month €140
Each year has a maintenance fee of €150.
The total of the rental will be monthly rent plus yearly charges.
One year has 12 months; five years will have = 12 x 5 = 60 months
For 60 months, rental payments will total 60 x €140= €8,400
Yearly charges = €140 x 5 = €700
Total for rental = €700 + €8,400
Total cost for rental = €99, 1100
Option B: Hire purchase
Total for hire purchase will be the deposit plus the total of monthly installments plus the final payment.
The deposit is €600
Total for monthly installments: 60 x €160= €9,600
the final payment is €480
Total for hire purchase= €600 + €9,600, + €480
Total cost for hire purchase=€10,680
Option Bank loan:
cost of the loan will be the principal amount plus the interest charged. Interest is 7% per year for five years. Principal amount is
€8,600
Interest = P x r x t,, since interest on a flat rate
=8600 x 7/100 x 5
=8600 x 0.07 x 5
=€3,010
The cost of the loan is €3,010+€8,600
=€11,610
Classify each item based on whether a change in the item would cause the curve to shift. if an item's change shifts more than one curve, place it in a single category according to this order: long run aggregate supply, short run aggregate supply, aggregate demand, no shift in any curve.
Answers
A. Increase in Government Spending: Aggregate Demand
B. Increase in Tax Rates: Aggregate Demand
C. Increase in Wages: Short-Run Aggregate Supply
D. Increase in Technology: Long-Run Aggregate Supply
E. Increase in Population: No shift in any curve
A. Aggregate demand would rise as a result of increased government expenditure, moving the AD curve to the right. In the short run, this increased demand would result in higher prices and more output, and in the long run, it would boost equilibrium output.
B. The aggregate demand would decline as tax rates rose, moving the AD curve to the left. In the short run, this decreased demand would result in lower prices and a fall in output, and in the long run, it would result in a decrease in equilibrium output.
C.The Short-Run Aggregate Supply would rise as salaries rose, moving the SRAS curve to the right. In the short run, this increased supply would result in higher prices and more output, but the long-run equilibrium output would remain same.
D.The Long-Run Aggregate Supply would rise as a result of improved technology, moving the LRAS curve to the right. In the long term, this additional supply would result in lower prices and higher output while leaving the short-run equilibrium output unchanged.
E. Because an increase in population would have no impact on aggregate supply or demand, none of the curves would change. Only the output level would change because the potential output would rise with an increase in the population.
Complete Question:
Increase in Government Spending, Increase in Tax Rates, Increase in Wages, Increase in Technology and Increase in Population.
Classify each item based on whether a change in the item would cause the curve to shift.
If an item's change shifts more than one curve, place it in a single category according to this order:
A. Aggregate Demand
B. Short-Run Aggregate Supply
C. Long-Run Aggregate Supply
D. No shift in any curve
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How is the Lorenz curve related to the Gini coefficient Gini and Lorenz were both mathematicians at Oxford Gini and Lorenz were both students of Vilfredo Pareto at Milan Lorenz was interested in the weather and Gini was interested in poverty The Gini coefficient is calculated using the Lorenz curve to determine the degree of inequality Question 5 (5 points) ✓ Saved At age 40, if your annual income is $6,551, what is the probability of surviving to age 80 based on p2 of IncHealth.pptx about 57% about 80% about 20% about 95\%
Answers
The Lorenz curve and the Gini coefficient are both measures of income inequality. The Lorenz curve is a graphical representation of income distribution, while the Gini coefficient is a numerical measure of inequality.
The Lorenz curve plots the cumulative percentage of income received by the cumulative percentage of the population. It shows the concentration of income within a society. The Gini coefficient, on the other hand, is derived from the Lorenz curve. It is a single number that summarizes the degree of income inequality in a society. To calculate the Gini coefficient, you need to compare the Lorenz curve with the line of perfect equality, which represents a completely equal income distribution. The Gini coefficient is the area between the Lorenz curve and the line of perfect equality, divided by the total area under the line of perfect equality.
A Gini coefficient of 0 represents perfect equality, while a coefficient of 1 represents maximum inequality. The higher the Gini coefficient, the greater the income inequality. In summary, the Lorenz curve is used to graphically represent income distribution, and the Gini coefficient is calculated using the Lorenz curve to quantify income inequality.
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Which events could cause the change in demand shown on this graph?
Check all that apply.
Answers
Answer:
Factors that can shift the demand curve for goods and services, causing a different quantity to be demanded at any given price, include changes in tastes, population, income, prices of substitute or complement goods, and expectations about future conditions and prices.
Last year Minden Company introduced a new product and sold 16,000 units of it at a price of $74 per unit. The product's variable expenses are $44 per unit and its fixed expenses are $527,400 per year.
Required:
1. What was this product's net operating income (loss) last year?
2. What is the product's break-even point in unit sales and dollar sales?
Answers
1. The product's net operating income (loss) last year was -$47,400.
2. The product's break-even point is 17,580 units in unit sales and $1,299,720 in dollar sales.
To calculate the net operating income (loss) and the break-even point for the product, we need to use the given information. Let's perform the calculations:
1. Net Operating Income (Loss):
Net Operating Income = (Price per unit * Number of units sold) - (Variable expenses per unit * Number of units sold) - Fixed expenses
Net Operating Income = ($74 * 16,000) - ($44 * 16,000) - $527,400
Net Operating Income = $1,184,000 - $704,000 - $527,400
Net Operating Income = -$47,400
2. Break-Even Point:
The break-even point can be calculated in terms of unit sales and dollar sales.
Unit Sales:
Break-Even Point (in units) = Fixed expenses / Contribution Margin per unit
Contribution Margin per unit = Price per unit - Variable expenses per unit
Contribution Margin per unit = $74 - $44 = $30
Break-Even Point (in units) = $527,400 / $30
Break-Even Point (in units) = 17,580 units
Dollar Sales:
Break-Even Point (in dollars) = Break-Even Point (in units) * Price per unit
Break-Even Point (in dollars) = 17,580 * $74
Break-Even Point (in dollars) = $1,299,720
Note: The break-even point represents the level of sales at which the company covers all its costs and neither makes a profit nor incurs a loss.
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The industry that is classified the more cyclical sector under a commercial industry classification scheme is:personal care products.food.apparel.
Answers
The industry that is classified as the most cyclical sector under a commercial industry classification scheme is apparel. This is because the demand for clothing and fashion items tends to be highly sensitive to changes in consumer confidence, economic growth, and disposable income.
During times of economic prosperity, consumers are more willing to spend money on non-essential items like clothes, which leads to a surge in demand for apparel products. However, during times of economic downturns or recessions, consumers tend to cut back on spending, which causes a decline in demand for apparel products. This cyclical nature of the apparel industry can pose a challenge for businesses operating in this sector, as they need to be able to adapt quickly to changing market conditions in order to remain competitive.
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the first step in budgeting is to make a forecast of your future sales. True or False
Answers
The statement, "the first step in budgeting is to make a forecast of your future sales" is partially true.
Budgeting is the procedure of creating a strategy to spend your money in a manner that aligns with your objectives. A budget outlines your plan for how to save and spend money over a specific period of time. To put it another way, budgeting is the process of putting a plan in place for how you will handle your money.
The first step in budgeting is to forecast your future sales or income. This refers to predicting the amount of revenue you expect to earn in the future. This information will serve as the foundation for the rest of your budget. The next step is to calculate your anticipated expenditures after forecasting your future sales. Your budget should be based on the difference between your predicted income and your estimated expenses. The budget should be based on the total amount of money you intend to spend, rather than the amount of money you expect to have left over.
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How can choosing the right institution help you manage money effectively?
Answers
Answer:
You may get a better job, or it may make you more responsible. The money is the main thing, you will get paid better, so you wont have to worry abt money i guess.
Explanation:
Study the entries in Lupe's records and bank statement. What is the first action Lupe should take when she discovers a difference between her records and the bank's records?
Answers
Answer: A
She should check her own records to see if she made a mistake.
Explanation:
She should check her own records to see if she made a mistake is the first action Lupe should take when she discovers a difference between her records and the bank's records. Hence, option A is correct.
What is bank's records?Account statements, signature cards, account applications, wire transfers, and any other DOCUMENT attesting to deposits, withdrawals, balances, and/or other account activity are all considered to be bank records.
If you use Online Banking, you can log in, choose Statements & Documents from the Accounts menu, then pick Order a paper statement copy from the Request statements tab. After you submit your request, paper statements will be mailed to you within 7 to 10 business days.
Any person who employs a financial institution's services, Any person for whom the financial institution serves as a fiduciary; and Corporations or partnerships with five or fewer partners.
Thus, option A is correct.
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The options are attached in the picture-
a _____ graphically displays one or more business processes, such as handling an airline reservation, filling a product order, or updating a customer account.
Answers
A business process model (BPM) graphically displays one or more business processes, such as handling an airline reservation, filling a product order, or updating a customer account.
A business is described as an business enterprise or enterprising entity engaged in industrial, commercial, or professional sports. agencies can be for-earnings entities or non-profit businesses. commercial enterprise kinds range from confined legal responsibility companies to sole proprietorships, organizations, and partnerships.
Corporations are made from people working collectively to satisfy society's wishes, as well as common goals. a few examples of corporations consist of Coca Cola and Walmart, as well as smaller non-public groups along with an accounting firm or a local grocery shop.
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Teresa is CFO of a company that sells prescription eyeglasses online. Key financial ratios that could help her measure her company’s profitability include
Multiple Choice
a. dividend yield on common stock, price to earnings ratio, and dividend payout ratio.
b. inventory turnover, accounts receivable collection period, and fixed asset turnover.
c. operating profit margin, return on stockholders' equity, and return on assets.
d. total debt to assets, debt to equity, and long-term debt to equity.
e. times interest earned, current ratio, and acid-test ratio.
Answers
As Teresa is CFO of a company that sells prescription eyeglasses online, some of the key financial ratios which could help her to measure her company’s profitability include operating profit margin, return on stockholders' equity, and return on assets. The Option C is correct.
How does financial ratios helps to show a company profitablity?Financial ratios are important tools for evaluating a company's profitability because they provide a way to analyze a company's financial performance relative to its size, industry, and historical performance.
Profitability ratios, such as return on assets (ROA), return on equity (ROE), and gross profit margin, provide a way to measure a company's ability to generate profit from its operations. Also, liquidity ratios such as the current ratio and the quick ratio, provide insight into a company's ability to pay its bills and meet its short-term financial obligations.
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give a short introduction of seasonal vegetable cultivation
Answers
Answer:
Seasonal vegetables are those vegetables that can not adjust all kind of temperatures. The seasonal vegetables are grown in the natural cycle of seasons when they are most suitable. For example, cauliflower only grows in winter season.
Answer:
Seasonal vegetables are those vegetables that can not adjust all kind of temperatures. The seasonal vegetables are grown in the natural cycle of seasons when they are most suitable. For example, cauliflower only grows in winter sea
son
When Frozen DeLites Ice Cream moved from its longtime storefront to a famous resort area, it took a big risk. However, the owners were confident that its unique ice cream treats would win customer raves. Fortunately, one of the members of the family business was convinced the shop needed to stay in touch with its customers. Frozen DeLites collects names and email addresses of its customers and maintains a presence on a few social media sites in order to send messages about promotions and coupons to valued customers.
Marketing professionals refer to this strategy as: _________
Answers
Marketers professionals refer to the strategy of collecting customer names and email addresses and maintaining a presence on social media sites to send messages about promotions and coupons to valued customers like relationship marketing.
This strategy of creating relationships with customers has as its main objective the generation of value and customer loyalty through a closer and more direct relationship.
Relationship marketing is a strategy that has had a greater impact with technological development, social media for example, has strengthened communication between company and customer, making the relationship closer and more dynamic.
Therefore, companies that use relationship marketing create value through content that generates benefits and customer engagement with the company, increasing loyalty and positioning in the market.
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you are looking to buy a car. you can afford $400 in monthly payments for four years. in addition to the loan, you can make a $1,500 down payment. if interest rates are 8.25 percent apr, what price of car can you afford (loan plus down payment)?
Answers
With a $1,500 down payment and a monthly payment of $400 for four years at an 8.25% APR, you can afford a car with a price of approximately $18,058.34.
How to calculate the amountFirst, we need to calculate the loan amount without considering the down payment. We'll use the formula for the present value of an ordinary annuity:
Let's plug in the values:
PMT = $400
r = (8.25% / 100) / 12 (convert annual interest rate to monthly and divide by 100)
n = 48
r = 0.006875 (rounded to 6 decimal places)
PV = $400 × [(1 - (1 + 0.006875⁻⁴⁸)) / 0.006875]
PV ≈ $16,558.34
Now, let's add the down payment to the loan amount:
Loan amount = PV + Down payment
Loan amount = $16,558.34 + $1,500
Loan amount ≈ $18,058.34
Therefore, with a $1,500 down payment and a monthly payment of $400 for four years at an 8.25% APR, you can afford a car with a price of approximately $18,058.34.
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A data ________ is a large-scale electronic repository of data that contains and organizes all of an organization's data in one place.
Answers
A data warehouse is a large-scale electronic repository of data that contains and organizes all of an organization's data in one place.
A data warehouse is a central repository of information that can be analyzed to make decisions more informed .
Data flows into the data warehouse from transactional systems or relational databases, and other sources.
Business analysts or the data engineers or data scientists, and decision makers generally access the data through business intelligence (BI) tools or SQL clients, and other analytics applications.
Data warehouses power different reports as well as dashboards, and analytics tools by storing data efficiently to minimize the input and output of data and deliver query results quickly to hundreds and thousands of users concurrently.
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Compare and contrast the different types of partnerships. Explain the advantages to a partnership. Explain the disadvantages.
Answers
Answer:
ADVANTAGE:Less formal with fewer legal obligationssharing burden easy to get started better decision making knowledge, skills and experience ownership and controlExplanation:
DISADVANTAGE: profits must be shared personal demands taxes no independent status limits on developing business lack of disabilityin conversation with a korean businessperson who speaks english fairly well, meaghan discovers that much of what she has just said was not understood by the korean. in continuing the conversation, meaghan should
Answers
Meaghan should own responsibility for the misunderstanding and speak plainly going forward.
What is one of the best ways to increase tolerance when communicating with those from other cultures?Active listening has the ability to improve cross-cultural communication. To make sure you comprehend what the other person said, ask a lot of questions and summarise or rephrase it.
Which country business people are most likely to be uncomfortable with silence and impatient with delays?North Americans are also prone to feeling uncomfortable in silence and impatient with delays. Some Asian companies have found that the more they draw out the negotiations, the more concessions hasty North Americans are inclined to make.
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Who do you think has the most
influence?
Answers
Answer:
because the influence is an important
Match the following terms to the appropriate definition.[1] When a consumer strives for greatest satisfaction or value from the bundle purchased using the least amount of budgeted money.[2] A process that firms use to determine the most output given price levels that will yield the most return after production costs and the total cost outlay are taken into account.[3] The additional benefit gained from the consumption of the next unit for the individual.[4] The additional expense of producing the next unit for the firm.
Answers
The following definitions are accounting terms for a system of control and registration of expenses and income and other economic operations that are carried out in a business, company or entity.
The proper definition for each term are as follows:
1.Cost-benefit analysis - A process that firms use to determine the most output given price levels that will yield the most return after production costs and the total cost outlay are taken into account.
2. Utility maximization - When a consumer strives for greatest satisfaction or value from the bundle purchased using the least amount of budgeted money.
3. Marginal benefit - The additional benefit gained from the consumption of the next unit for the individual.
4. Marginal cost - The additional expense of producing the next unit for the firm.
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