Martin Corporation, the maker of a variety of rubber products, is in the midst of a business downturn and has many idle facilities. Nationwide Tire Company has approached Martin to produce 300,000 oversized tire tubes for $2.40 each. Martin predicts that its variable costs will be $2.60 each. Its fixed costs, which had been averaging $2.00 per unit on a variety of products, will now be spread over twice as much volume. The president commented, "Sure we will lose $.20 each on the variable costs, but we will gain $1 per unit by spreading our fixed costs over more units. Therefore, we should take the offer because it would gain us $.80 per unit." Martin currently has a volume of 300,000 units, sales of $1,200,000, variable costs of $780,000, and fixed costs of $600,000. Required: a. Compute the impact on operating profit if the special order is accepted.
Answers
Here is the solution to the required part of the problem. The company should accept the order since the price offered is greater than the variable cost. By accepting the offer, Martin can improve its profits by generating revenue, covering variable costs, and contributing to the fixed costs.
The company will lose $0.20 per unit on the variable costs and gain $1 per unit on the fixed costs. As a result, the operating profit will increase by $0.80 per unit.Solution:Given data,Volume = 300,000 unitsSales = $1,200,000Variable costs = $780,000Fixed costs = $600,000Variable cost per unit = Total variable costs / Units produced= $780,000 / 300,000= $2.60 per unitOffered price per unit = $2.40 per unitProfit or loss per unit = Offered price per unit - Variable cost per unit= $2.40 - $2.60= - $0.20 per unit.
The fixed costs that are spread over twice the volume = $2.00 per unit Operating profit per unit = Price - Variable cost + Fixed cost contribution= $2.40 - $2.60 + $2.00= $1.80 per unitIncrease in operating profit = $1.80 - $1.00= $0.80 per unitOperating profit after accepting the special order= Operating profit per unit * Number of units= $0.80 * 300,000= $240,000Therefore, the impact on the operating profit if the special order is accepted is $240,000.
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Related Questions
Emily's grandmother bought her a treasury bond in 2020. When will it reach its maturity date?
Α.
2030
B.
2040
C.
2045
D
2050
Answers
Answer:
The correct answer is: D. 2050
Explanation:
Answer: 2050
Explanation: Treasury bonds are sold in $1,000 increments and have a 30-year maturity date.
Thus, 2020 + 30 years = 2050
In your budgeting process, when should you look at recurring expenses?
after considering entertainment expenses
after your wants but before your needs
before looking at your needs
before reviewing your wants
Answers
Answer:
before reviewing your wants
Explanation:
Once the needs are accounted for, it is time to check those recurring expenses that are not considered essential, like home deliveries, internet purchases, and so on, and this check needs to be made before rewiewing your wants, which is the least essential expense category, and thus, the one that can be forgone in case your budget is not enough for it.
Sankey co. has earnings per share of $4.25. the benchmark pe is 19.4 times. what stock price would you consider appropriate?
Answers
The stock price that would be you consider appropriate is $78.31.
What is the stock price?A stock price is the cost of one equity share among many sellable shares of a corporation.The stock price, put simply, is the highest price someone is willing to pay for the stock or the lowest price at which it can be purchased.Analysts utilize random walk approaches to describe the behavior of asset prices, particularly stock prices on stock markets, in economics and financial theory.This technique is based on the assumption that investors behave in a neutral, unbiased manner and constantly appraise the value of assets based on expectations for the future.Under these circumstances, the price is influenced by all available information and is only altered by the release of fresh information.We know that
Stock price = earnings per share × benchmark PE
Stock price = 4.25 × 19.4
Stock price = $78.31
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A family-run convenience siorcgas station in a resort own experiences a lot of variation in sales, depending whether itis during the summer vacation season or the regular year. Sales during the off-season do not vary that much, but the vacation season can be very unpredictable. The family is intrested in predicting the total daily sales from the number of customers who buy gas and various other items in the store each day during the sammer vacation season. A random sample of 20 days from the past two summer seasons is take. Some of the summary statistics about the number of customers per day and daily sales (in $1000) are given below.
mean number of customers = 721.47standard deviation of customers = 182.0
mean daily sales ($1000) = 38.778 standard deviation of daily sales ($1000) =0.743
r^2=7442
which one of the following would be closest to the predicted daily sales if there were 800 customers that day?
a. $10,820
b. $14,555
c. $16,770
d. $41,135
e. $41,545
Answers
Based on the given information about the number of customers per day and daily sales during the summer vacation season, we are asked to predict the daily sales when there are 800 customers.
To estimate the predicted daily sales, we can use the linear regression model with the given data. The coefficient of determination (r^2) represents the proportion of the variation in daily sales that can be explained by the number of customers.
In this case, r^2 is given as 7442, which is unusually high. It's important to note that r^2 values typically range from 0 to 1, so this value seems incorrect or misreported.
Without a valid r^2 value, we cannot accurately estimate the predicted daily sales using the linear regression model. Therefore, we cannot determine which of the provided options (a, b, c, d, or e) would be closest to the predicted daily sales with 800 customers.
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Ttttthhhhheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee accounf is not working
Answers
Answer:
Step by step explanation
After the product is developed the detergent company researches what their
competitors are charging for the product. Which of the 4 P's would this best
describe?
Place
Product
Promotion
Price
Answers
the answer is price
Explanation:
they are making sure who charges what
Answer:
the answer is price
Explanation:
you are welcome
Your division is considering two investment projects, each of which requires an up-tront expenditiore of $ 30 millon. You estimate that the cost of capital is 11 % and that the imestment
Answers
When a company considers two investment projects, it is crucial to determine which one is more profitable and therefore worth undertaking. The NPV of each project can be calculated as follows: Project 1:Year 1: $5,000,000 / (1+0.11)^1 = $4,504,504.50Year 2: $8,000,000 / (1+0.11)^2 = $6,581,786.90.
Year 3: $10,000,000 / (1+0.11)^3 = $6,926,947.03NPV1 = $4,504,504.50 + $6,581,786.90 + $6,926,947.03 - $30,000,000 = -$11,986,761.57 Year 3: $12,000,000 / (1+0.11)^3 = $9,920,634.92NPV2 = $3,603,603.60 + $4,947,368.42 + $9,920,634.92 - $30,000,000 = -$11,528,393.06.
As we can see, both projects have negative NPVs, meaning that they are not expected to generate positive returns. Therefore, the division may want to reconsider whether it is worth investing $30 million in either of the projects. However, if the division decides to proceed with one of the projects, Project 2 would be the better option .
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according to karl marx, capitalism results in the alienation and exploitation of workers. do you think alienation and exploitation share a reciprocal relationship? why? why not?
Answers
No, alienation and exploitation do not share a reciprocal relationship.
Why Effects of capitalism on society?According to Karl Marx's analysis, capitalism does indeed result in the alienation and exploitation of workers. However, it is important to note that alienation and exploitation, while related in the context of capitalism, are not necessarily reciprocal in the strict sense.
Alienation, as Marx described it, refers to the sense of separation or estrangement that workers experience under capitalism. It arises from several aspects of the capitalist system, such as the division of labor, the commodification of labor power, and the lack of control over the production process.
Workers become detached from the products of their labor, as well as from their own creative potential and the fulfillment that work can provide. They are reduced to being mere instruments of production, leading to a sense of disconnection from their work and a loss of self-identity.
Exploitation, on the other hand, refers to the process by which capitalists extract surplus value from the labor of workers. Marx argued that under capitalism, workers are paid a wage that is less than the value they produce through their labor. The capitalist appropriates the surplus value generated by the workers' labor, resulting in a fundamental imbalance of power and economic inequality.
While both alienation and exploitation are interconnected outcomes of the capitalist system, they do not necessarily have a reciprocal relationship. Alienation is a subjective experience, a psychological and social consequence of the capitalist mode of production. Exploitation, on the other hand, is an objective economic relationship rooted in the extraction of surplus value.
Alienation can occur without explicit exploitation if workers feel disconnected and estranged from their work, even if they are paid a fair wage. Similarly, exploitation can exist without a strong sense of alienation if workers have some degree of control over their work and feel a sense of purpose and fulfillment.
It is important to recognize that Marx's analysis of capitalism provides a framework for understanding the systemic dynamics and contradictions within the capitalist mode of production. While alienation and exploitation are closely related phenomena under capitalism, they can also manifest differently in specific historical and socio-economic contexts.
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question 2 as a project manager, you create plans, timelines, schedules, and other forms of documentation to track project completion. which project management responsibility does this represent?
Answers
As a project manager, you create plans, timelines, schedules, and other forms of documentation to track project completion. Planning and organizing management responsibility does this represent Planning and organizing. Therefore option D is correct.
What is Project Management?
The process of guiding a team to meet objectives or complete deliverables within a predetermined timeline is known as project management. Project management entails project planning, tracking, communication, and documentation with the aim of successfully completing work within the parameters of time, scope, and money.
Project manager personalities are divided into four categories in a 2017 study by the Harvard Business Review: executor, prophet, expert, and gambler.
Therefore option D is correct.
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Your Question was incomplete but most probably your question was.
question 2 as a project manager, you create plans, timelines, schedules, and other forms of documentation to track project completion. which project management responsibility does this represent?
A. Managing the budget
B. Managing tasks
C. Removing unforeseen barriers
D. Planning and organizing
The annual master budget file includes the ________ from last year because it is needed for the schedule of expected cash collections.
Answers
The complete sentence is summarized below:
The annual master budget file includes the budget from last year because it is needed for the schedule of expected cash collections.
A sentence about annual master budget files
Annual master budget files are a collection of files with detailed lists of cash movements inside, from and to a business. This information is useful to predict and estimate expected cash movements and to construct expected budget in terms of costs and time for the next fiscal year.
For this reason, an annual master budget file must include the budget from last year. The complete sentence is summarized below:
The annual master budget file includes the budget from last year because it is needed for the schedule of expected cash collections.
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Dave and Jane file a joint return. They sell a capital asset at a $140,000 loss. Even though they have no capital gains, $3,000 of the loss can still be deducted in the current year if they have at least $3,000 of ordinary income.
True or False?
Answers
Even though they have no capital gains, $3,000 of the loss can still be deducted in the current year if they have at least $3,000 of ordinary income. The statement is true.
According to the tax law, a maximum of $3,000 of capital losses can be deducted in any given tax year against ordinary income. If the taxpayer has more than $3,000 in capital losses, the excess can be carried forward to future tax years. In this case, since Dave and Jane have no capital gains to offset the loss, they can deduct up to $3,000 of the loss against their ordinary income in the current year. Ordinary income refers to the regular income received from employment, self-employment, or business activities, and is taxed at progressive rates based on the taxpayer's income level.
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The fixed costs of a business are $300,000 per
year and variable costs are $2.00 per unit. The
business sells 200,000 units per year at a selling
price of $5.00. The profit made per year is:
O $300,000
O $1,000,000
O $600,000
O $1,500,000
Answers
Answer:
$300,000
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Should citizens participating in
criminal trials should have some requirements such as someone who
has a degree? Or someone who makes at least $20,000 per year? Why
or why not?
Answers
Citizens participating in criminal trials should not be required to have a degree or make a certain amount of money per year. This is because such requirements would create inequalities in the justice system and violate the principle of equal protection under the law that is enshrined in the US Constitution.
First, requiring citizens to have a degree in order to participate in criminal trials would discriminate against those who cannot afford higher education. This would create an unfair advantage for those who are more affluent and better-educated, and it would prevent many people from serving on juries or as witnesses.
Secondly, requiring citizens to make a certain amount of money per year would also create inequalities. Poorer citizens would be excluded from participating in criminal trials, which would violate their rights to equal protection under the law. Moreover, wealth is not necessarily a measure of a person's ability to serve as a juror or a witness. A person's income level does not necessarily correlate with their intelligence, education, or integrity
.In conclusion,citizens should not be required to have a degree or make a certain amount of money per year in order to participate in criminal trials. Doing so would violate the principle of equal protection under the law, create inequalities, and prevent many people from participating in the justice system.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Answers
Which results are more likely for someone without personal finance skills? Select three options.
larger long-term credit or loan costs
less preparation for emergencies
fewer utility expenses
simple long-term investment strategies
increased long-term challenges
Answers
Answer:
1,2 & 5
Explanation:
Answer:
1, 2, 5
Explanation:
edge 2021
The monopolist produces an output that is __________ the perfectly competitive industry would produce.
Answers
Answer:
charge more than a firm in a competitive market. to to Monopoly Production:
What conditions would affect how much people would use your business?
The business is and Ice Cream Shop.
Answers
Answer:
restaurant
like pandemic all small restaurant is closed the business is bankcrap
what should i say if A customer is looking for a specific brand that the job does not sell?
Answers
Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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.....................................hi
Answers
Answer:
Hi!! I hope you are great. Thanks for the pts...
The amount of a market that a producer controls is called market share. How is market share related to pure competition?
Answers
Answer:
pure competition ids defined as a market structure with many fully informed buyers and sellers in an identical producer and ease of entry. if there were more market shares, there would be more competition.
Explanation:
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Celena is interested in working in the biotechnology field one day and wants to start exploring and learning more about the field in general right now. What career cluster should Celena begin investigating in order to learn more about working in biotechnology?
A.
finance
B.
agriculture, food, and natural resources
C.
architecture and construction
D.
education and training
Answers
Answer:
The answer is B
Explanation:
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Answer:
B
Explanation:
The currency trading market is close to being a perfectly competitive market. However, currency trading markets may not be competitive because.
Answers
The currency trading market is nearly perfect in terms of competition. Currency trading marketplaces, on the other hand, may not be competitive. If fitness trackers lose favor, demand will fall, making currency trading marketplaces less competitive.
Foreign currency trading is dominated by large commercial banks with global operations. The market is very competitive since each bank seeks to maintain its share of corporate business.
Participants from all around the world purchase and sell currencies on the global currency market. Banks, companies, demand central banks, investment management organizations, hedge funds, new forex brokers, and individuals are among those who participate.
According to neoclassical economists, a theoretical market system based on perfect competition would yield the best economic outcomes for both customers and society. Because the ideal competition model is an abstract, theoretical concept, all real markets occur outside of it.
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please help me i reallu need your help
Answers
Explanation:
Answer:
what's the question??
..................._.....................
Which is not a basic condition for Pareto efficiency?
A. Product mix efficiency
B. Exchange efficiency
C. Government efficiency D. Production efficiency
Answers
C. Government efficiency is not a basic condition for Pareto efficiency. Pareto efficiency, also known as Pareto optimality, is an economic concept that represents a state in which resources are allocated in the most efficient and optimal way.
It is a fundamental concept in welfare economics.
The basic conditions for Pareto efficiency are:
A. Product mix efficiency: The allocation of resources and production of goods and services should be such that it maximizes the overall satisfaction or utility of individuals in the economy.
B. Exchange efficiency: The allocation of goods and services among individuals should be such that it is impossible to reallocate them in a way that makes someone better off without making someone else worse off.
D. Production efficiency: Resources should be allocated and utilized in a way that maximizes the production of goods and services given the available inputs and technology.
Government efficiency, as mentioned in option C, is not a specific condition for Pareto efficiency. While the role of government can be important in creating an environment conducive to Pareto efficiency, the efficiency of government itself is not a requirement for achieving Pareto efficiency. Government interventions and policies can influence the allocation of resources and affect the efficiency of resource utilization, but they are not a direct component of the conditions for Pareto efficiency.
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1) In using a systems approach to financial planning, it is necessary to develop a 2 Points pro forma income statement. cash budget. production plan. All of the options are true. 2) The key initial element in developing all pro forma statements is 2 Points a collections schedule. a cash budget. an income statement. a sales forecast.
Answers
1) The correct answer is **All of the options are true**. When using a systems approach to financial planning, it is necessary to develop a pro forma income statement, cash budget, and production plan.
These components are interconnected and crucial for comprehensive financial planning and analysis.
2) The key initial element in developing all pro forma statements is **a sales forecast**. A sales forecast provides the foundation for projecting future revenues and serves as a basis for developing other pro forma statements such as the income statement, cash budget, and balance sheet. It helps in estimating future sales volume, revenue streams, and overall financial performance, which in turn inform other financial projections and planning decisions.
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Which of the following professionals is most closely associated with a company’s reputation?
-Public relations specialists
-Market research analysts
-Art directors
-Advertising, promotions, and marketing managers
Answers
Answer:
Public relations specialists
Explanation:
Public relations specialists refer to individuals who develop and maintain the public image i.e. favorable for the company in which they present. Here the perception of the organization should be shape aslo it would be increase the awareness towards the work and goals
Therefore according to the given situation, the professional that is closely linked with the reputation of the company is public relations specialist
how do you make limber of orange?
Answers
Limber is most commonly made from tropical juices so they come in a great variety of flavors: guava, tamarind, coconut, acerola cherry, and mango are popular flavors. Many other varieties exist including milk limber (made from a mixture containing condensed milk), grape, lemon, orange, and even soda flavors.
i found this, i dont know if its right but yea.
Which of the following statements is false?
a)the stock and bond markets are very efficient.
b)When a prescient individual expects the economy to expand, he should hold no nominal assets.
c)corporations, unlike proprietorships and partnerships, are subject to double taxation.
d)bond prices will fall when lenders expect lower rates of inflation in the future.
Answers
The false statement among the options provided is: b) When a prescient individual expects the economy to expand, he should hold no nominal assets.
This statement is false because when an individual expects the economy to expand, it is generally advisable to hold nominal assets such as stocks, bonds, or other investments. Economic expansion typically leads to increased business activity and potentially higher returns on investments. Holding nominal assets can allow individuals to benefit from the growth and value appreciation that usually accompanies economic expansion. Therefore, it would be more appropriate to hold nominal assets in such a scenario rather than avoiding them.
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