Gummy Land Candies manufactures jaw-breaker candies in a fully automated process. The machine that produces candies was purchased recently and can make 4,100 per month. The machine costs €7,500 and is depreciated using straight line depreciation over ten years assuming zero residual value. Rent for the factory space and warehouse and other fixed manufacturing overhead costs total €1,200 per month. Gummy Land currently makes and sells 3,600 jaw-breakers per month. Gummy Land buys just enough materials each month to make the jaw-breakers it needs to sell. Materials cost 20 cents per jaw-breaker. Next year Gummy Land expects demand to increase by 100%. At this volume of materials purchased, it will get a 10% discount on price. Rent and other fixed manufacturing overhead costs will remain the same. Requirements 1. What is Gummy Land's current annual relevant range of output? 2. What is Gummy Land's current annual fixed manufacturing cost within the relevant range? What is the variable manufacturing cost? 3. What will Gummy Land's relevant range of output be next year? How, if at all, will fixed and variable manufacturing costs change next year? Assume that if it needs to Gummy Land could buy an identical machine at the same cost as the one it already has.

Answers

Answer 1

Gummy Land's current monthly output is 4,100 jaw-breakers per month, so the annual relevant range of output is 4,100 x 12 = 49,200 jaw-breakers per year

The fixed manufacturing cost is the cost of the machine plus the rent and other fixed manufacturing overhead costs, which total €1,200 per month. This means that the annual fixed manufacturing cost is:

€7,500 / 10 + €1,200 x 12 = €8,700 per year

The variable manufacturing cost is the cost of the materials needed to produce each jaw-breaker, which is 20 cents per jaw-breaker. This means that the variable manufacturing cost is:

0.20 x 3,600 x 12 = €8,640 per year

If Gummy Land expects demand to increase by 100%, its relevant range of output next year will be:

3,600 x 2 = 7,200 jaw-breakers per month

7,200 x 12 = 86,400 jaw-breakers per year

Assuming that Gummy Land buys enough materials each month to make the jaw-breakers it needs to sell, it will need to purchase:

7,200 x 0.9 = 6,480 jaw-breakers per month

6,480 x 12 = 77,760 jaw-breakers per year

At this higher volume of materials purchased, the variable manufacturing cost will be:

0.18 x 77,760 = €14,016 per year

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Related Questions

Which is an example of a business that failed because of cash problems?

Answers

Answer:

An good example would be the company called "MadTown"

Explanation:

You see because of "MadTown" fincancial problems alot of groups also fall down and have to disbanded because of their own company.

The primary basis for classifying detrital rocks is ________ whereas the primary basis for classifying chemical rocks is ________.

Answers

The primary basis for classifying detrital rocks is particle size whereas the primary basis for classifying chemical rocks is mineral composition. About one-third of all known mineral species and 95% of the earth's crust are composed of silicate minerals, which are compounds with silica tetrahedra in their crystal lattice.

The amount of silica in rocks and mineral affects both their names and physical characteristics significantly. A mineral is a chemical compound that occurs naturally, is often crystalline, and has an abiogenic origin. A rock might be an accumulation of several minerals or mineraloids, whereas a mineral has a single, distinct chemical makeup.

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Recently, some financial institutions in Kenya experienced financial distress leading to financial panics. Briefly explain types of measures that an institutions can use mitigate the effects of distress?

Answers

When financial distress hits an institution, there are a few measures they can take to mitigate the effects. One option is to seek external support such as seeking government intervention, borrowing funds, or partnering with other institutions.

Another measure is to restructure the institution's operations by cutting down on expenses, reviewing their business model, or downsizing its workforce. Institutions can also consider liquidating some of their assets to generate revenue or merging with another institution.

Communication is also crucial during times of distress; institutions should keep their stakeholders informed about the situation to prevent further panic.

Lastly, institutions should implement effective risk management strategies to prevent future financial distress. By proactively identifying and managing risks, institutions can avoid situations of financial distress and safeguard their financial stability.

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suppose a monopolist's costs and revenues are as follows: atc = $45.00; mc = $35.00; mr = $35.00; p = $45.00. the firm should

Answers

The monopolist should continue to produce, in the short term, in the given scenario since the price that the company charges ($45) is greater than its average total costs (ATC).

The monopolist should continue to produce, in the short term, in the given scenario since the price that the company charges ($45) is greater than its average total costs (ATC). The ATC is $45 and the price is $45. The monopolist, on the other hand, would experience economic profit if it generated less output in the short run since this would result in less than ATC costs per unit and higher than market price. In the case of pure monopoly, short-run economic profit is not sustainable; as soon as other companies notice this, they will enter the market to earn some economic profits. A monopolist’s costs and revenues are some of the primary factors that determine its production and profit-making decisions. Monopolists are unique because they are the only players in the market, so they have the power to influence the price at which goods or services are sold. In this scenario, the monopolist has an ATC of $45.00, MC of $35.00, MR of $35.00, and the price of $45.00. The company should continue to produce in the short term since the price that the company charges ($45) is greater than its ATC. In the short run, the company would experience economic profit if it generated less output since this would result in less than ATC costs per unit and higher than market price. However, in pure monopoly, short-run economic profit is not sustainable. As soon as other companies notice this, they will enter the market to earn some economic profits.

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Tom is setting up a business as a boarding kennel. He will look after dogs while the owners are away. He has found a barn that he can rent. It will need fitting out with secure kennels and runs for the dogs. Identify three start up costs he may have. 1. Feeding bowls/dog leads and other dog care items
2.
3.

Answers

Answer:

Explanation:

1) Feeding bowls / dog leads and other dog care items. These are important for a safe upkeep and care of dogs that will be in his custody.

2)Tom should also have good insurance policy in place in order to make provision for future potential loss, The insurance policy should cover all the breeds of dogs for maximum economic benefit.

3)Another cost is the cost of obtaining a boarding license at the rate set by the covering local council . This is necessary to obtain a full government approval .

Can anyone help me think of an advertisement for a product I’m selling which is a drone.

Answers

Regardless of the variety of options available, all forms of advertising share two objectives: to influence customers so that they become leads or customers.

How to Influence Customers?

Consumer behavior is influenced by four psychological factors: attitude or set of beliefs, perception, learning, and motivation. Behaving in a manner that offers others the opportunity to change (their behavior, attitudes, thoughts, and ways) and/or accommodate your own wishes is one aspect of influencing skills. However, it is important to recognize that others may be unable to, unwilling to, or unprepared to respond to our request to be influenced. Human behavior is influenced by a variety of factors and characteristics. These are distinctions that are unique to the person with whom you are collaborating. Personality traits.

These are things that affect how a person interacts with other people. Institutional elements. Factors that affect the community and Public policy.

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Determine which of the four levels of measurement​ (nominal, ordinal,​ interval, ratio) is most appropriate for the data below. types of restaurants left parenthesis fast food comma organic food comma sea food comma etc. right parenthesis

Answers

Answer:

Using the four levels of measurement (nominal, ordinal,​ interval, ratio), the most appropriate for this data  "types of restaurants (fast food, organic food, seafood, etc.) measurement is the ratio.

Explanation:

Ratio defines the degree of the relationship between some types of restaurants and the whole restaurant system.  Specifically in mathematics, a ratio is a comparison of some two or more numbers that indicate their sizes in relation to each other.  It compares two quantities by division.  The dividend or number being divided is termed the antecedent.  The divisor or the number that is dividing the dividend is termed the consequent.

What is the name of the tab that becomes available after you add and select an image in your PowerPoint presentation?

Home
Insert
Picture
View

Answers

Answer: Picture tab

Explanation:

When you insert a picture, PowerPoint for the web places the picture on your slide and puts a Picture tab on the ribbon. With the picture selected, click the Picture tab.

Describe how effective decision-making requires comparing the additional costs of alternatives with the additional benefits of alternatives.

Answers

Explanation:

Effective decision making requires comparing the additional costs of alternatives with the additional benefits. ... As long as the marginal benefit of an activity exceeds the marginal cost, people are better off doing more of it; when the marginal cost exceeds the marginal benefit, they are better off doing less of it.

True or False: Your payroll office will calculate and deduct your taxes from your gross pay for each pay period.

Answers

Answer:

true

Explanation:

if you get a physical check, you can see where these garbage taxes go to, lol. its a complete scam if you ask me.

Answer: Answer is true

Explanation:

What is globalization?

Answers

Globalisation is the growing interconnectivity of the world through the use of trade, travel and media.

Dairy Farm enters into a contract with EZ Serve Ice Cream Company to supply milk. Later, Dairy decides that it is no longer advantageous to fulfill the contract and subsequently fails to perform as promised. EZ files a suit against Dairy. A breach of contract occurred when:_________
A) Dairy entered into a contract with EZ.
B) Dairy decided that it was not advantageous to fulfill the contract.
C) Dairy failed to perform the acts promised in the contract.
D) EZ filed a suit against Dairy.

Answers

Answer:

C

Explanation:

A breach of contract occurs when one of the parties to a contract decides not to honor all or some of the terms spelled out in the contract. In other words, a breach of contract occurs when actionable terms in the contract are neglected by one of the parties to the contract.

The actionable term in the contract signed by both Diary Farm and EZ Serve Ice Cream Company is for Diary Farm to supply milk to EZ Serve Ice Cream Company. Hence, not supplying milk as agreed represents a breach of the contract, all other things being equal.

Correct option: C

Personal finance please help me thank youu

Personal finance please help me thank youu

Answers

Personal finance is the management of an individual's financial resources. It involves making informed decisions about earning, spending, saving, investing, and managing debt. Proper management of personal finances is essential for achieving financial goals and avoiding financial stress.

The first step in managing personal finances is creating a budget. A budget helps individuals to track their expenses and income and ensure that they are spending within their means. It is essential to prioritize expenses and allocate resources accordingly. This involves distinguishing between needs and wants and making necessary adjustments. Savings are a crucial aspect of personal finance. Individuals should aim to save at least 10% of their income to build an emergency fund and save for long-term goals.

Saving requires discipline and consistency, and it is essential to develop a savings plan that is achievable. Investing is another critical aspect of personal finance. Investing helps individuals to grow their wealth and prepare for future financial needs. It is crucial to research investment options and diversify investment portfolios to minimize risks. Managing debt is also essential for personal finance. Individuals should aim to minimize debt and pay off high-interest debts first. It is important to avoid accumulating unnecessary debt, such as credit card debt, which can quickly spiral out of control.
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In an oral agreement, Chris offers to sell Marcy his car for $13,000, but Marcy is confused and thinks Chris said $15,000.
As they continue their negotiations, Chris becomes aware that Marcy thinks he said $15,000 instead of $13,000, and
when Marcy agrees to pay the additional $2,000, Chris doesn't say anything. Is the contract going to be upheld? True false

Answers

Answer: The answer is no.

the author of the text, langhorne, lists a number of warning signs or red flags that managers may be acting ineffectively. these warning signs are easy to identify, are rooted in common sense, and are easy to avoid. group of answer choices false true

Answers

Langhorne, the text's author, provides a list of many warning signals or red flags that suggest managers could be behaving ineffectively. These red flags are simple to spot, grounded in common sense, and simple to avoid. This assertion is true.

In order to recognize and solve any problems that may be compromising their performance, managers should be aware of these and other possible warning indicators.

Some red flags or warning indicators indicating managers may be operating ineffectively may be simple to spot and based on common sense, but this does not always mean that all warning signs are simple to spot and avoid. Depending on the precise warning indicators and the environment in which they are being noticed.

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Companies benefit from employee balance because, compared to poorly balanced employees, well balanced employees __________. a. stay in their jobs longer b. are more productive c. have higher job satisfaction d. all of the above please select the best answer from the choices provided a b c d

Answers

Companies benefit from employee balance because, compared to poorly balanced employees, well balanced employees all of the above. The correct option is d. all of the above.

This means that compared to poorly balanced employees, well-balanced employees:

a. Stay in their jobs longer: When employees have a good work-life balance, they are less likely to experience burnout and dissatisfaction with their jobs. As a result, they tend to remain with the company for longer periods, reducing employee turnover and the associated costs of recruitment and training.

b. Are more productive: Well-balanced employees are better equipped to manage their time and energy effectively, leading to increased productivity. They can focus on their work without being overwhelmed by stress or personal issues, which allows them to accomplish tasks more efficiently.

c. Have higher job satisfaction: Employees who are able to maintain a healthy balance between work and personal life are generally happier and more satisfied with their jobs. This increased job satisfaction can lead to higher levels of employee engagement and commitment to the company's goals.

In conclusion, well-balanced employees provide numerous benefits for companies, including increased retention, productivity, and job satisfaction. By fostering a supportive environment that encourages work-life balance, companies can maximize the potential of their workforce and enhance overall organizational performance. The correct option is d. all of the above.

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One of the most important things to practice while dribbling is using your peripheral vision. question 5 options: true false

Answers

Answer:

true

Explanation:

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Should a business email contain a salutation?

Answers

Answer:

A business email is meant in a professional way. It can be sought out as multiple different approaches, one of them, in this case, can include a friendly and welcoming business approach, including a salutation. All in all, it is up to the writer, there is no fully correct answer. Hope this helps :)

gov : in the policymaking process, the recognition-definition stage is the one in which

Answers

In the policymaking process, the recognition-definition stage is the one in which policymakers identify and define a specific issue or problem that requires attention and potential policy intervention.

During this stage, policymakers become aware of a particular problem or concern that demands their attention. They recognize that there is an issue that needs to be addressed through the policymaking process. This could be a result of various factors such as public demand, expert analysis, emerging trends, or social, economic, or environmental challenges.

Once policymakers recognize the issue, they proceed to define and clarify it. This involves understanding the underlying causes, consequences, and scope of the problem. Policymakers conduct research, gather data, consult experts, and engage stakeholders to develop a comprehensive understanding of the issue.

The recognition-definition stage is crucial as it lays the foundation for the subsequent stages of the policymaking process. It helps policymakers set the agenda and prioritize issues based on their significance, urgency, and feasibility. The definition of the problem guides the development of policy goals, objectives, and potential solutions.

By identifying and defining the problem accurately, policymakers can ensure that subsequent stages, such as policy formulation, implementation, and evaluation, are effectively aligned with addressing the issue at hand.

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Angel and Alessia calculate their assets to be valued at $150,000. They calculate their liabilities to be $125,000. What is their net worth?​

Answers

Answer:25,000

Explanation:

Explain the technique of making bamboo based handicrafts with an example.​

Answers

Answer:

Bamboo can be processed into thin strips or sheet materials for bamboo plaiting , commonly known as bamboo strips. The processing procedures of bamboo strips include selecting materials , sawing bamboo, pruning, scraping, dividing, splitting, setting the width, thinning and chamfering.

Explanation:

Example: •Bamboo furniture

•Bamboo toys

•Bamboo wind chimes

•Bamboo lamps and lanterns

•Bamboo placements and coasters

The technique bamboos are processed into thin strips or sheet materials for bamboo plaiting, known as bamboo strips and the processing procedures of bamboo strips include selecting materials, sawing bamboo, pruning, scraping, dividing, splitting, setting the width, thinning and chamfering. For example, bamboo furniture.

What is the process of making bamboo handicrafts?

The process of making bamboo handicrafts is given below. First, the bamboo is completely dried before use. The bamboo is segregated in the beginning according to the products that are going to be made. They are cut to the required sizes with the help of a bamboo sawing machine. The cut bamboo sticks are arranged for the products that have to be made.

The products are always made depending on the client’s orders. For example, to make a stool, bamboo is cut respectively into four sets to make the legs and eight sets of smaller lengths to connect the legs horizontally to get a firm hold of the four legs of the stool. A stool is something similar to that a chair but doesn’t hold a backrest.

A stool is a seat for a single person without any backrest.

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The period before a trial takes place is called the
a
O A. pre-trial phase
O B. complaint stage
O C. negotiation phase
D. post-trial period

Answers

Answer:

The answer would be A.

Explanation:

Discovery process, finding the facts.

the auditors believe there is a significant risk of obsolescence of inventories for a particular client. which of the following procedures would be least likely to detect obsolescence?

Answers

Reviewing sales invoices would be the least likely procedure to detect obsolescence of inventories compared to the other procedures mentioned above.performing a general review of sales invoices would be the least likely procedure to detect obsolescence of inventories.

detecting the risk of obsolescence in inventories requires specific procedures and analysis that focus on assessing the value and potential obsolescence of inventory items. while various procedures can be employed by auditors, some are more effective in identifying obsolescence risks than others.

the following procedures are more likely to detect obsolescence:

1. reviewing the aging of inventory: analyzing the age of inventory items can provide insights into the likelihood of obsolescence. items that have been in inventory for a long time may indicate potential obsolescence risks.

2. assessing slow-moving or non-moving inventory: identifying inventory items that have low sales or have not been sold within a specific period can indicate potential obsolescence risks.

3. analyzing market trends and industry developments: understanding market trends, technological advancements, and changes in customer preferences can help assess the potential obsolescence of certain inventory items.

4. obtaining confirmation from customers: seeking confirmation from customers regarding the usability and demand for specific inventory items can provide additional insights into the risk of obsolescence.

on the other hand, performing a general review of sales invoices may not directly highlight obsolescence risks. while sales invoices provide information about the sales of inventory items, they may not explicitly indicate potential obsolescence issues. this procedure may be more useful for assessing sales transactions and revenue recognition rather than identifying the risk of obsolescence. to further elaborate on why performing a general review of sales invoices would be the least likely procedure to detect obsolescence of inventories, let's consider the nature of obsolescence and the limitations of sales invoices in providing relevant information.

obsolescence refers to the condition where inventory items become outdated, unusable, or have a decreased market value due to factors such as changes in technology, customer preferences, or industry trends. detecting obsolescence requires analyzing specific characteristics of inventory items and considering external factors that may impact their value.

sales invoices primarily document the sales transactions and revenue recognition for inventory items. they provide information about the quantities sold, prices, and related revenue. however, they do not typically provide explicit details about the condition, age, or potential obsolescence of the inventory items.

while sales data can indirectly indicate the demand and market acceptance of inventory items, it does not provide a comprehensive assessment of obsolescence risks. sales invoices alone may not reveal whether the remaining inventory is at risk of becoming obsolete or has lost value.

to effectively detect obsolescence, auditors need to perform procedures that specifically target the assessment of inventory characteristics, market trends, and the potential impact of obsolescence factors. this involves analyzing inventory aging, reviewing slow-moving or non-moving items, considering market dynamics and industry developments, and obtaining relevant confirmations from customers or suppliers.

these procedures allow auditors to gather information beyond sales invoices and provide a more thorough evaluation of the risk of obsolescence within the client's inventory. by considering these specific procedures, auditors can better identify and assess the potential obsolescence of inventories, helping to mitigate associated risks and provide accurate financial reporting.

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List 3 components of markey environment​

Answers

demographic ,social culture environment economic

what occurs when the free market is not able to allocate resources and goods and services efficiently​

Answers

Answer: Market failure

Explanation:

When the free market is not able to allocate resources and goods and services efficiently​, this situation is referred to as market failure.

Market failure brings about disequilibrium in the market as the quantity supplied and the quantity demanded aren't in equilibrium anymore as there's market distortion. It takes place when the quantity of good. The distortion may be as a result of monopoly power.

what is unearned income

Answers

Unearned income refers to income that is received without the recipient having to perform any labor or service to earn it.

This type of income is typically derived from investments, rental income, or other passive income sources, and it contrasts with earned income, which is income that is earned through work or services provided.

Examples of unearned income include interest income earned from savings accounts or bonds, dividends earned from stock investments, rental income earned from real estate properties, and royalties earned from creative works such as music or books.

In contrast to earned income, unearned income is not directly tied to the amount of labor or service provided by the recipient. Instead, it is based on the performance of the underlying investment or asset. This can make unearned income a more passive form of income, as it requires less effort to maintain than earned income.

Unearned income is subject to taxation, just like earned income, and it's essential to understand how it's taxed and reported on your tax returns to ensure compliance with applicable tax laws.

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Andrew is a software tester. He runs through the same kinds of programs day after day, looking for bugs and reporting them. The workers in another department look at Andrew's reports and do the programming needed to fix the problems; Andrew never knows if his reports result in any software changes. Andrew is taking night classes in programming. Often, he knows the best solution for many of the bugs he finds, but is forbidden to make the fix or even offer suggestions. Which part of this description relates most to Task Identity

Answers

Answer: The workers in another department do the programming needed to fix the problems

Explanation:

Every organization has job roles and task for which individuals where employed for and in most cases workers are not really permitted to do beyond their task unless they are asked to do so by the organization or they are asked by their colleagues to assist them, despite Andrew taking classes in software training, he would still need approval from the organization before he can carry out task in another department.

true or false: the existing balance in the allowance for doubtful accounts is not considered when recording uncollectible accounts for the current period by the income statement approach

Answers

The existing balance in the allowance for doubtful accounts is not considered when recording uncollectible accounts for the current period by the income statement approach - False

When using the income statement approach to record uncollectible accounts, the existing balance in the allowance for doubtful accounts is considered. The allowance for doubtful accounts is a contra asset account that is used to record the estimated amount of accounts receivable that will not be collected.

By considering the existing balance in the allowance for doubtful accounts, the company can accurately reflect the impact of uncollectible accounts on its financial statements and provide a more accurate picture of its financial performance.

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Two characteristics of an autocratic and democratic leadership style

Answers

Answer:

You have a highly structured working environment.

You dictate all the working methods and processes.

Explanation:

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Amy-Jo works for herself selling weight-loss products door to door. This is

A. not typical, because most door-to-door salespeople work for companies.
B. not typical, because products are rarely sold door to door.
C. typical, because most door-to-door salespeople are self-employed.
D. typical, because most weight-loss products are sold door to door

Answers

Answer:

C. typical, because most door-to-door salespeople are self-employed.

Explanation:

Army-Jo can be classified as a small scale retailer. It is normal for entrepreneurs with businesses with the same classification to conduct door-to-door by themselves.

A majority of salespersons who do-to door sales are self-employed. As a business doing do-to-door selling is much profitable because of reasons such as

Selling door to door eliminates the need for a store, which is expensive to establish.Hiring a good salesperson is expensive due to the wages involved.Door-to-door is less costly. Only time expense is incurred.

Answer:

its D

Explanation:

:P

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Required 1 Required 2 Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? Fixed manufacturing overhead cost included in inventory On the last three physics exams a student scored 84, 87, and 92. What score must the student earn on the next exam to have an average of at least 90?The student must score at least %.(Simplify your answer. Type an integer or a decimal.) 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