hudson company reports the following contribution margin income statement. hudson company contribution margin income statement for year ended december 31 sales (11,500 units at $225 each) $ 2,587,500 variable costs (11,500 units at $180 each) 2,070,000 contribution margin 517,500 fixed costs 360,000 income $ 157,500
1. Compute break-even point in units.
2. Compute break-even point in sales dollars.

Answers

Answer 1

To calculate the Break-even point in sales dollars and units, we have to find the contribution margin.

Given,

Fixed cost (FC)= $360,000

selling price (S) = $225

variable cost (VC)= $180

So, contribution (C) is given as

C = S - VC

C = 225 - 180 = $ 45

contribution ratio = C ÷ S

contribution ratio = 45 ÷ 225 = 0.2 or 20%

Therefore, the Break-even point (BEP) is given as

1) BEP in units = FC ÷ C

BEP = 360,000 ÷ 45

BEP = 8000 units.

2) BEP in sales = FC ÷ CR (contriburtion ratio)

BEP= 360,000÷20%

BEP in sales dollars = $1,800,000

So, we can conclude that the Break-even point in sales dollars and units, can be found only after calculating the contribution margin.

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Related Questions

prompt the user for a purchase order id number and save this value. if the purchase order number is not one of the following then print an error and exit the program. x111, x122, b333, r100 prompt the user for a quantity and save this value. calculate a total price using the following information: x111 is a computer with a price of 450.00 x122 is a monitor with a price of 145.00 b333 is a keyboard with a price of 45.00 r100 is a mouse with a price of 25.00 multiply the quantity times the price and print out the results so they look like: order: xxx (where xxx is the purchase order number entered by the user) item: xxxx (where xxxx is the item name associated with the purchase order) quantity: xx (where xx is the quantity entered by the user) total: $xxx.xx (where xxx.xx is the quantity times the price associated with the order number. write python methods that perform the following (using the names listed below) getorder() -- prompts the user and returns the order number getquantity() -- prompts the user and returns the quantity getname( id ) --- pass the order number and return the name of the associated item getprice( name ) -- pass the item name and return the price of the item of the item associated with the item name

Answers

Program in Python to calculate the total of a purchase, functions are used for each action of the algorithm. Below is an image of the screen output and the code.

Python Code

def getorder(orderid):

print("Purchase order id: ", end="")

orderid = input()

return orderid

def getquantity(qty):

print("Entry quantity: ", end="")

qty = float(input())

return qty

def getname(orderid, itemname, order):

for x in range(4):

 if orderid==order[x][0]:

  itemname = order[x][1]

  return itemname

def getprice(itemname, itemprice, order):

for x in range(4):

 if itemname==order[x][1]:

  itemprice = float(order[x][2])

  return itemprice

if __name__ == '__main__':

# Define variables

qty = float()

total = float()

itemprice = float()

order = str()

itemname = str()

orderid = str()

valided = bool()

valided = False

order = [[str() for ind0 in range(3)] for ind1 in range(4)]

order[0][0] = "x111"

order[1][0] = "x122"

order[2][0] = "b333"

order[3][0] = "r100"

order[0][1] = "Computer"

order[1][1] = "Monitor"

order[2][1] = "Keyboard"

order[3][1] = "Mouse"

order[0][2] = "450"

order[1][2] = "145"

order[2][2] = "45"

order[3][2] = "25"

# Entry data

print("Calculate a total price")

orderid = getorder(orderid)

for x in range(4):

 if orderid==order[x][0]:

  valided = True

  itemname = getname(orderid,itemname,order)

  itemprice =getprice(itemname,itemprice,order)

if valided!=True:

 print("Error")

else:

 qty = getquantity(qty)

# total calculation

 total = itemprice*qty

# Output

 print("")

 print("Order: ",orderid)

 print("Item: ",itemname)

 print("Quantity: ",qty)

 print("Total: $",total)

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in the phase, managers examine a situation and then identify and define the problem or opportunity.

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In the consideration phase, managers examine a situation and then identify and define the problem or opportunity.

In the consideration phase managers carefully examine a situation and then identify and define the problem or opportunity that needs to be addressed. This phase involves collecting and analyzing data and information about the situation and using critical thinking and problem-solving skills to identify the underlying issues and challenges. By clearly defining the problem or opportunity, managers can better understand the scope and nature of the issue, and can develop more effective solutions.

Additionally, defining the problem or opportunity can help to focus the team effort and ensure that they are working towards a common goal. Overall, the consideration phase is an important step in the problem-solving process, as it helps managers to accurately identify and define the problem or opportunity that needs to be addressed.

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the concept of adding interactivity to the retail environment simply means lowering the ratio of shoppers to retail clerks. True/False

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Reducing the number of customers to retail staff is the simplest definition of the idea of introducing engagement to the retail environment. False.

Which of the following—check all that apply—are essential environmental elements in the realm of retailing?

The effects of this include those caused by social, technological, and ethical/legal/political issues. a microenvironment Pay close attention to its clients and rivals.

What is the term for when business owners lower the price of goods?

It is crucial for retailers to budget, price, and plan appropriately because they are in the business of making money. Markdowns are another component of this strategy, which entails lowering the initial price of products in order to boost sales.

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identify two different reasons why it might be difficult for a business to create an accurate demand scheudle in real life

Answers

Demand curve shifts are problematic because they are not only hard to foresee, but also because they necessitate quick responses to counteract and accommodate the consequences of shifting customer demand.

The relationship between the cost of an item or service and the quantity demanded over a specific time period is represented graphically by the demand curve. The price and quantity demanded are often represented with the price on the left vertical axis and the horizontal axis, respectively. Consumers and businesses are quite familiar with the idea of demand because it makes sense and happens organically throughout the course of almost any day. For instance, when a product's pricing is low, shoppers who are keeping an eye on it will buy more of it. For instance, the first slice of pizza that a customer purchases when they are hungry will be the one with the most utility. The utility decreases and the consumer is more satisfied with each subsequent slice. Theoretically, the consumer might be willing to pay more for the first slice. Demand curve shifts are problematic because they are not only hard to foresee, but also because they necessitate quick responses to counteract and accommodate the consequences of shifting customer demand. The market demand schedule is used by economists and marketers to assist set pricing, decide how much of a specific product to release onto the market, as well as other supply and sales-related choices. The market demand schedule is a table that depicts the connection between a specific good's price and demand.

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A subsequent expenditure for an asset increases the future benefits of the asset if it (Select all that apply.)

Answers

A subsequent expenditure for an asset increases the future benefits of the asset if it increases the quality of the goods.

An cost is an object requiring an outflow of money, or any form of fortune in trendy, to another individual or institution as charge for an item, carrier, or other category of fees. For a tenant, hire is an cost. for students or parents, lessons is an fee. buying meals, garb, furnishings, or an automobile is often referred to as an price. An price is a cost that is "paid" or "remitted", typically in change for something of fee. some thing that seems to cost a tremendous deal is "pricey". something that appears to cost little is "less expensive". "charges of the table" are prices for dining, refreshments, a banquet, and so forth.

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Ralph has a car loan through North American Bank for his 2020 Corvette Stingray. Ralph is considered the _____.

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Ralph has a car loan through North American Bank for his 2020 Corvette Stingray. Ralph is considered the debtor.

A debtor or debitor is a prison entity (prison man or woman) that owes a debt to every other entity. The entity can be an person, a firm, a central authority, a enterprise or different felony man or woman. The counterparty is known as a creditor. while the counterpart of this debt association is a bank, the debtor is more often called a borrower. If X borrowed money from their financial institution, X is the debtor and the bank is the creditor. If X places money inside the financial institution, X is the creditor and the financial institution is the debtor. It is not against the law to fail to pay a debt. except in positive bankruptcy situations, borrowers can choose to pay money owed in any precedence they select.

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which of the following is not a potential explanation for why the gross margin percentage declined over all three years?

Answers

Sales less the cost of goods sold equals gross profit margin (GP) (COGS)

A decline in GP will indicate:

a) Sales decreased while COGS stayed roughly the same, or

b) Sales are roughly flat while COGS increased;

c) Sales increased, however COGS increased at a quicker rate than the rate of sales;

d) Sales decreased more quickly than the rate at which COGS decreased.

The goal of the strategy to raise GP is to maintain or reduce COGS while raising total sales or the selling price of your goods and services.

You must raise the standard and variety of all your goods and services in addition to the number of your sales in order to accomplish the aforementioned. Search for alternate suppliers and sources for your products at the same time to cut prices while improving quality. Perhaps you can find alternatives that would offer your customers the same or even better benefits while costing you less overall and of higher overall quality.

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The correct question is:

What are the causes of a decrease in a gross profit margin?

swifty company follows the practice of pricing its inventory at lcnrv, on an individual-item basis. item no. quantity cost per unit estimated selling price cost to complete and sell 1320 1,500 $3.30 $4.64 $1.65 1333 1,200 2.78 3.50 1.03 1426 1,100 4.64 5.15 1.44 1437 1,300 3.71 3.30 1.39 1510 1,000 2.32 3.35 1.44 1522 800 3.09 4.02 0.82 1573 3,300 1.85 2.58 1.24 1626 1,300 4.84 6.18 1.55 from the information above, determine the amount of swifty company inventory.

Answers

The amount of the inventory Swifty Company is $35,402

What is meant by inventory?

The products and supplies that a company keeps in stock with the intention of reselling, producing, or using them are referred to as inventory or stock. Hence defining the size, location, and shape of stocked commodities is a major focus of inventory management.

Given:

a) Data and Calculations:

Item No. Quantity    Cost per   Estimated   Cost to  NRV  LCNRV Inventory                                

                                   Unit       Selling Price     Sell                              Value

1320         1,500         $3.30       $4.64           $1.65   $2.99  $2.99    $4,950

1333         1,200           2.78        3.50              1.03     2.47    2.47      $ 3,336

1426        1,100             4.64         5.15             1.44      3.71     3.71       $ 5104

1437         1,300           3.71          3.30             1.39     1.91     1.91         $ 4,823

1510          1000          2.32         3.35             1.44      1.91     1.91         $ 2320

1522         800            3.09         4.02             0.82      3.2      3.2       $2,472

1573       3,300            1.85         2.58              1.24      1.34    1.34        $6,105

1626      1,300            4.84          6.18               1.55      4.63    4.63     $6,292

Inventory value =                                                                               $35,402

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when a t-rec machine does not halt, the input string: group of answer choices is not in the language of the machine could be a member of the language of the machine (or not) remains on the tape

Answers

The Turing machine will halt on every input if the system is consistent, however this cannot be demonstrated in a robust enough proof method because of Gödel's incompleteness theorems.

It is not true that every input will cause every Turing computer to halt or go into an infinite loop. The fact that many Turing machines do both and instead consistent continue indefinitely without ever entering an infinite loop is important to their ability to compute. The Halting problem asks whether a particular algorithm will halt (or stop) at a particular point in time. When an algorithm is applied to a given input.

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An implication of the Tiebout model is that comparable houses in a community with a relatively _____ level of taxes, given a level of public goods, will be worth _____.
(a) low; less
(b) high; less
(c) high; more
(d) Both A and C are correct.
(e) Both A and B are correct

Answers

An implication of the Tiebout model is that comparable houses in a community with a relatively high level of taxes, given a level of public goods, will be worth less.

What are the Implications?

An implication is a noun that refers to the act of implying (that is, implying something without saying it explicitly) something that is implied or suggested. It is also used to refer to the act of implication (i.e. evidence of a person's involvement in a crime) and the state of implication. Show what conclusions can be drawn from the results.

“Implication” is often used interchangeably with “effect”. However, they are not the same.

An implication of the Tiebout model is that comparable houses in a community with a relatively high level of taxes, given a level of public goods, will be worth less.

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a Identify one factor that could result in a higher break-even point
b Calculate the forecast average monthly profit figures for the two menu
options.

Answers

1. One factor that could result in a higher break-even point is a reduced contribution margin per unit (or ratio).

2. The forecast average monthly profit figures for the two menu options are as follows:

                                    Current     Proposed

Revenue                    $48,000      $33,600

Variable costs              12,000          9,600

Contribution margin $36,000     $24,000

Fixed costs                 28,000       24,000

Net income                $8,000               $0

What is the break-even point?

The break-even point is the sales level that equates the total revenue to the total costs (fixed and variable).

When the break-even point is reached, there are no profits or losses.

To generate some profits, the sales level must exceed the break-even point.

Current Menu Option:

Revenue per week (600 at $20)  = $12,000

Total monthly revenue = $48,000 ($12,000 x 4 weeks)

Average variable cost per meal at $5 = $3,000

Total monthly variable cost = $12,000 ($3,000 x 4 weeks)

Overhead cost per week = $7,000

Total monthly overhead cost = $28,000 ($7,000 x 4 weeks)

Proposed Menu Option:

Revenue per week (600 at $14)  = $8,400

Total monthly revenue = $33,600 ($8,400 x 4 weeks)

Average variable cost per meal at $4 = $2,400

Total monthly variable cost = $9,600 ($2,400 x 4 weeks)

Overhead cost per week = $6,000

Total monthly overhead cost = $24,000 ($6,000 x 4 weeks)

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The average squared difference between the actual return and the average return is called the:a. volatility return.b. variance.c. standard deviation.d. risk premium.e. excess return.

Answers

The variance is the average of the squares difference between the real return and the average return. The answer is option (b). variance.

What is Variance?

Variance is the statistical evaluation of the numerical variation within a data set. Variance measures how far distant each number in the gathering is from the average (average) and, as a result, from one another.

Statisticians use variance to study how various numerical values interact to each other within a collection of data rather than more basic mathematical techniques like classifying numbers into quartiles. The advantage of variance is that it treats all deviations from the average equally in terms of their true directional nature. The data is considered to be absolutely unvariable since the sum of the squared difference can never equal zero.

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assume a firm has the following cost and revenue characteristics at its current level of output: price

Answers

D) Incurring a loss per unit of $2, but should continue to operate in the short run,  cost and revenue characteristics at its current level of output: price

The following information is given about the firm's revenue and costs at the current output (q) -

P = price = revenue from selling one unit = $10

AVC = average variable cost = $8

AFC = average fixed cost = $4

The firm's ATC(average total cost) = AVC + AFC = $8 + $4 = $12

Now, P is more than AVC but less than ATC. This means that the firm is incurring a loss but it should not shut down. This is because when P is more than AVC, it means that the firm is still able to recover some part of its total fixed costs(TFC) and the loss is less than TFC in the SR(short run).

So, the loss per unit is

= ATC - P

= $12 - $10

= $2

This loss per unit is lower than the TFC per unit (that is AFC = $4). If the firm decides to shut down at the current q then it will incur a per unit loss = AFC = $4.

assume a firm has the following cost and revenue characteristics at its current level of output: price?

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monopolists are price makers. which of the following explains why this does not apply to competitive markets? Price controls prevent firms in a competitive market from pricing their products as they think best. A competitive firm's product makes up only a small portion of the market's total product. Even if one or more firms in a competitive market go out of business, other competitors will appear. Other seller sell products that are similiar if not identical.

Answers

monopolists are price makers. A perfectly competitive business must accept the equilibrium price at which it sells its products because it is a price taker. A completely competitive business will not be able to generate any sales if it seeks to charge even a small amount above the going rate.

A corporation that produces all of the goods for its sector without any competition is said to have a monopoly, providing it unrestricted market power and the capacity to raise prices above their marginal costs. Monopolies exist when the market for the firm's goods has no alternative potential manufacturer. If the company produces more of the product and sells it for less money, it can turn a positive economic profit. When it chooses the quantity of the commodity, the monopoly makes sure that there is a monopoly price. Because it is the sole provider of the good in the market, the monopoly's production sets the monopoly price while its sales dictate the supply of the entire industry in the market.

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in 2016, angel purchased 260 shares of flowers r us stock at a cost of $9,600 as an investment. in 2021, when the fair market value was $11,400, angel gave the stock to a relative, alex. assuming no gift tax was paid, if the stock sells for $13,800, alex will recognize:.

Answers

Alex will recognize a gain of $4,200. Shares are created from a company's capital.

Each share serves as a unit of ownership in a company and is made available for sale in order to raise money for it.

Equity shares and preference shares are the two basic types into which shares can be separated. Equity shares allow their owners the ability to vote at annual general meetings and share in the company's profits. Such a stakeholder is responsible for both the company's losses and earnings.

In the given question,

                                 Cost Price = $9,600

                                 Selling Price = $13,800

                                 Profit = Selling Price - Cost Price

                                           = $13,800 -$9,600

                                           = $4,200

Therefore, $4,200 is the required gain for Alex.

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A sells a portion of property to B, and B promptly records the deed in the appropriate county office. If A tries to sell the same portion of property to C, which of the following statements is TRUE?

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A sells a portion of property to B, and B promptly records the deed in the appropriate county office. If A tries to sell the same portion of property to C, then C has been given constructive notice of the prior sale because B promptly recorded the deed. So option a. is true.

Constructive notice is the legal fiction that someone actually received notice (being informed of a case that could affect their interest) whether or not they truly did receive this. If certain procedures have been followed, the law will consider a person to legally have received notice, even if in fact they did not. The notice under this doctrine arises by the presumption of law from the existence of facts and circumstances.

For example, a constructive notice can be perceived from a registered deed or a pending suit.

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The complete question is:-

A sells a portion of property to B. B promptly records the deed in the appropriate county office. If A tries to sell the same portion of property to C, which of the following statements is True?

a. C has been given constructive notice of the prior sale because B promptly recorded the deed.

b. C has been given actual notice of the prior sale because B promptly recorded the deed.

c. Because C's purchase of the property is more recent, it will have priority over B's interest, regardless of when B recorded the deed.

d. Because C purchased the property from its rightful owner, C is presumed by law to be aware of B's prior interest.

Companies that sell household products and food have very little relation to the state of the economy because such basic needs do not go away. These stocks tend to have ________ betas.A) highB) infiniteC) negativeD) low

Answers

These stocks tend to have low betas.

What does low beta means in stock market?

If a security's beta value is less than 1.0, it is thought that it is theoretically less volatile than the market. A portfolio that includes this stock is less hazardous than one that does not. Utility stocks, for example, usually have low betas because they move more slowly than market averages.

If a stock's beta value is 1, the price movement of that stock is very market-dependent. Investing in equities with betas of 1 carries a systemic risk. But no illogical risk can be found using the beta calculation. A portfolio can include a stock with a beta of 1.0 without raising risk or the likelihood that the portfolio would provide excess return.

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which of the following is the best way to minimize the risk of musculoskeletal injury as a client begins an exercise program?

Answers

Walking is the best way to minimize the risk of musculoskeletal injury as a client begins an exercise program

What is Musculoskeletal injury?

Injury and illnesses that impact the musculoskeletal system or the way the human body moves are known as musculoskeletal diseases, or MSDs (i.e. muscles, tendons, ligaments, nerves, discs, blood vessels, etc.).

Low back pain is the sole top cause of disability in 160 different nations, and musculoskeletal diseases are the main cause of disability globally.

Musculoskeletal disorders severely restrict movement and dexterity, which results in early retirement from the workforce, decreased levels of well-being, and a decreased capacity to engage in society.The number of people with musculoskeletal diseases and related functional restrictions is constantly rising due to population expansion and ageing.

In a variety of thematic areas, WHO is reacting to the burden attributable to musculoskeletal diseases.The performance of the locomotor system, which consists of healthy muscles, bones, joints, and surrounding connective tissues, is referred to as musculoskeletal health. Muscle, bone, joint, and nearby connective tissue dysfunction that results in temporary or permanent restrictions in functioning and involvement make up the more than 150 different diseases and conditions known as musculoskeletal impairments. Musculoskeletal problems are frequently characterised by discomfort (which is frequently persistent) and restrictions in movement and dexterity, which make it harder for people to work and engage in social activities. The most prevalent type of non-cancer pain is the discomfort felt in musculoskeletal structures.

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Suppose that velocity is constant and the economy's output of goods and services rises by 5 percent each year. Use this information to answer the questions that follow.If the Fed keeps the money supply constant, the price level will ??? , and nominal GDP will ??? .

Answers

If the money supply and velocity of money are constant, then a 5% increase in the real GDP would lead to a 5% decline in the price level. The nominal GDP would fall by 5%.

The market worth of all the finished products and services that nations create and sell in a certain time period is measured in dollars by the gross domestic product (GDP). This measurement is frequently reviewed before being regarded as a valid indicator due to its subjective and complicated character.

However, GDP per capita does not take into account differences in the inflation rates and cost of living between the various nations. For this reason, using a foundation of per capita GDP at buying power parity (PPP) may be more advantageous when comparing standard of living between countries, whereas nominal GDP is more useful when comparing economies on the world market.

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A company's past profits that are not paid out in dividends are ______.a. cashb. dividendsc. reported as income for the current yeard. retained earnings

Answers

A company's past profits that are not paid out in dividends are retained earnings. The correct option is d.

What are retained earnings?

Retained earnings can be understood as the cumulative net earnings or profits of a company after accounting for dividend payments. Retained is an important concept in accounting, and it explains the fact that because those earnings were not paid out to shareholders as dividends, they were instead retained by the company. Companies may choose to use their retained earnings to increase their production capacity, hiring more sales representatives, launching a new product, or even share buybacks among others.

To assess a company’s financial health retained earnings are an important variable

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susan and stan collins live in iowa, are married and have two children ages 6 and 10. in 2021, susan's income is $43,120 and stan's is $12,000 and both are self-employed. they also have $500 in interest income from tax exempt bonds. the collins enrolled in health insurance for all of 2021 through their state exchange but did not elect to have the credit paid in advance. the 2021 form 1095-a that the collins received from the exchange lists the following information: Annual premiums $9,800
Annual premium for the designated silver plan in the state $10,800
Federal Poverty Line for a family of four $26,200
Compute the Collins' premium tax credit for 2021.
Click here to access the 2021 Applicable Figure Table.
Round any division to two decimal places before converting to a percent. If required, round your final answer to the nearest dollar.
$

Answers

Excess advance premium tax credit is $6.628.5 and the repayment amount is $1,600.

What is tax credit ?

A tax credit is an incentive for paying taxes that enables some taxpayers to reduce the amount of money they owe the state by the amount of the credit they have accumulated. In some circumstances, a state "discount" may be imposed, or it may be a credit given in acknowledgement of prior tax payments. A tax credit may also be thought of as a rebate.

A refundable tax credit is one in which the government reimburses the taxpayer for any excess above the amount of taxes owed. It allows for a negative tax liability, to put it another way. With a non-refundable tax credit, the taxpayer does not pay any taxes if the credit amount exceeds the amount of taxes owed.

To solve the question :

Particular                                                                                                  Amount

Susan's income                                                                                     $43,120

Stan's income                                                                                        $12,000

Interest income                                                                                        $500

Modified AGI                                                                                         $55,620

Federal Poverty Line                                                                            $26,200

Modified AGI % on Federal Poverty Line (55620/26200)                    212%

Eligible Credit %                                                                                      7.05%

6.54% + (8.36% - 6.54% ) × 14% / 50%

Eligible Credit (55620 × 7.05%) (A)                                                       $4171.5

Annual premium for the designated silver plan in the state (B)          $10,800

Excess advance premium tax credit (B-A)                                          $6,628.5

Total advance payment of the premium tax credit                              $9,800

Excess advance premium tax credit                                                   $6.628.5

(Maximum Cap is $1,600)                                                                       $3171.5

Repayment amount                                                                                 $1,600

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arctica manufactures snowmobiles and atvs. these products are made in different departments, and each department has its own manager. each responsibility performance report includes only those costs that the department manager can control: direct materials, direct labor, supplies used, and utilities. for year ended december 31 budget actual snowmobile atv snowmobile atv direct materials $ 21,300 $ 29,300 $ 21,220 $ 30,800 direct labor 12,200 22,300 12,640 23,220 department manager salaries 6,100 7,000 6,200 6,200 supplies used 5,280 1,080 4,970 1,160 utilities 540 720 510 680 rent 7,500 8,100 7,100 8,100 totals $ 52,920 $ 68,500 $ 52,640 $ 70,160

Answers

.SW=Snowmobile

Given:

SM ATV Combined SM ATV Combine

           Budget       |   Actual

Raw materials $19,990 $28,000 $47,990 $19,920 $29,320$49,240

Employee wages 10,900 21,000 31,900 11,210 21,740 32,950

Dept. manager salary 4,800 5,700 10,500 4,900 4,900 9,800

Supplies used 3,850 1,400 5,250 3,670 1,420 5,090

Depreciation- Equip. 6,500 13,000 19,500 6,500 13,000 19,500

Utilities 410 590 1,000 380 550 930

Rent 6,200 6,800 13,000 5,800 6,800 12,600

Totals $52,650 $76,490 $129,148 $52,380 $77,730 $130,110

A budget that compares actual and budgeted amounts under the controlled costs in a department is a responsibility accounting performance report. Rent and utility costs in this case cannot be regulated, hence they are not included.

Snowmobile: what is it?

A snowmobile, sometimes referred to as a Ski-Doo, snowmachine, sled, motor sled, motor sledge, skimobile, or snow scooter, is a motorised vehicle created for use in the winter for transportation and fun on snow. It doesn't need a road or path to work because it is built to travel on snow and ice, however the majority of people drive on trails or open areas. The sport of snowmobiling has become a popular serious interest for many individuals.

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allison is a sales representative at the weston appliance company. she receives compensation whereby payment is based on sales volume or profitability. this is referred to as .

Answers

We already know that Allison is a sales representative at Weston Appliance Company, through this job, she receives compensation for which payment is based on sales volume or profitability. This is called commission

The commissions according to Their StructureLinear: A commission of X% is paid when the seller achieves the sales goal of Y euros.By margin: In this case, the commission is applied on the margin obtained by the seller. That is, the commission percentage is applied to the relationship between the effective sale price and the minimum sale price.Scale: Commissions are set according to the range of values where the sales are located.

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Restrictions on trading involving insider information apply to the following except
Select one:
corporate officers.
corporate directors.
major stockholders.
All of the options are subject to insider trading restrictions.
None of the options is subject to insider trading restrictions.
All of the options are subject to insider trading restrictions

Answers

All of the options are subject to insider trading restrictions.

What do you mean by Trading?

Trading is the buying and selling of financial assets or goods between two or more parties. It is typically done in an open market, such as a stock exchange, or over the internet. Trading can involve stocks, bonds, commodities, currencies, or other financial instruments. It can also be done with physical goods such as cars or real estate.

Describe the term Insider Trading.

Insider trading is the illegal practice of buying or selling a security, such as a stock or bond, based on material, non-public information about the security. It is illegal because the information gives investors an unfair advantage over other investors who do not have access to the information.

Therefore, the correct option is Option F.

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your cousin vinnie owns a painting company with fixed costs of $150 and the following schedule for variable costs: quantity variable cost average fixed cost average variable cost average total cost (houses painted per month) (dollars) (dollars) (dollars) (dollars) 1 15 150.00 15.00 165.00 2 35 75.00 17.50 92.50 3 60 50.00 20.00 70.00 4 90 37.50 22.50 60.00 5 135 30.00 27.00 57.00 6 240 25.00 40.00 65.00 7 480 21.43 68.57 90.00 the efficient scale is houses.

Answers

The painting business owned by your cousin Vinnie has $150 in fixed costs and the following schedule for variable costs: Typical Total Cost (Dollars) Quantity

What is the average production cost overall?

Overall cost divided by the amount of goods generated is known as average total cost (ATC). A unit of output's marginal cost (MC) is the increased expense incurred during production.

How is average variable cost determined from overall cost?

The total labor and material costs involved in creating one unit of your item are your variable costs. Your overall variable cost is determined by multiplying the variable costs by the quantity of units produced. By dividing your total variable cost by the quantity of units produced, you may get your average variable cost.

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__________ planning determines the major goals of an organization and lays the foundation for obtaining and using resources to achieve those goals.

Answers

Strategic planning determines the major goals of an organization and lays the foundation for obtaining and using resources to achieve those goals.

The process of strategic planning is used by business executives to establish the goals and long-term vision of their organization. Establishing the sequence in which these goals should be completed can aid the company in achieving its stated vision.

Strategic planning typically addresses goals with a life cycle of three to five years, though it can go longer. This is different from business planning, which typically concentrates on short-term, tactical goals, such as how a budget is distributed.

The duration of a business plan might range from a few months to several years. Strategic planning leads to a strategic plan. It frequently appears in publications or plan documents.

It might also place limitations on how the strategy is applied. Strategic planning became more popular in corporations in the 1960s, and it is still an important part of strategic management today.

Strategic planners or strategists execute it after doing a thorough examination of the organization and how it interacts with the market.

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Over which of the following would the investment adviser representative have discretionary authority?
A) An account in which a customer has power of attorney over another individual's account.
B) An account in which a trustee has power of attorney over another individual's account.
C) An account in which the investment adviser representative chooses portfolio securities on behalf of the client.
D) An order that specifies the size of the trade and name of the security, but leaves the choice of price and time up to the investment adviser representative.

Answers

An account in which the investment adviser representative chooses portfolio securities on behalf of the client. Hence, c) option is correct.

An account in which the investment adviser representative chooses portfolio securities on behalf of the client.  When a member firm or its representative places an order on behalf of a customer without that customer's express consent, that order is discretionary. Additionally, the company must select at least one of the following: the magnitude of the trade, whether to purchase or sell, or the security in order for the order to be deemed discretionary. It is not thought to be an exercise of discernment to choose the time and price.

The ability to be the only one who interprets claims is known as discretionary authority. A clause in an insurance contract grants it to insurance firms.

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Match the following descriptions to the appropriate element of Lean Manufacturing A system involving every employee that is based on making little changes on a regular basis, anywhere changes can be made, to reduce process, delivery, and quality problems Managers must support LEAN Manufacturing by providing subordinates with the skills, tools, time, and other necessary resources to identify problems and implement solutions Move people and materials when and where needed, and as soon as possible A systematic process of effective workplace organization and standardization which allows identification of variations from standard operating conditions Firms reduce costs by eliminating wait times, Inventories, material and people movement processing steps, variability, and any other non value-adding activity Kanbans Workforce Commitment Lean Layout Waste Reduction Continuous Improvement Changeover Time Reduction Setup Time Reduction Lean Supply Chain Relationships Small Batch Scheduling

Answers

Match the following descriptions to the appropriate element of Lean Manufacturing

A system involving every employee that is based on making little changes on a regular basis, anywhere changes can be made, to reduce process, delivery, and quality problems - Continuous Improvement

Managers must support LEAN Manufacturing by providing subordinates with the skills, tools, time, and other necessary resources to identify problems and implement solutions - Workforce Commitment

Move people and materials when and where needed, and as soon as possible - Lean Layout

A systematic process of effective workplace organization and standardization which allows the identification of variations from standard operating conditions - Lean Supply Chain Relationships

Firms reduce costs by eliminating wait times, Inventories, material, and people movement processing steps, variability, and any other non-value-adding activity - Waste Reduction

What is a Context clue?

Any kind of hint or idea reflects from the statements which help the reader to understand the clear context in which the word is used refers to a context clue. This clue helps the reader to determine the appropriate meaning.

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When one party has no reason to know that the contract is illegal, that party can often recover any benefits conferred in a partially executed contract. T or F

Answers

True, when one party has no reason to know that the contract is illegal, that party can often recover any benefits conferred in a partially executed contract.

What is a Contract?

A contract is a legally binding agreement between two or more parties that creates a duty to do or refrain from doing certain things. A contract usually involves the exchange of goods, services, money, or any combination of these. It can be written, verbal, or implied, and the terms of the agreement primarily define each party's rights and obligations.

What does an service mean?

A "service" is an action or task performed for the benefit of another. In most cases, services are intangible, which means they cannot be physically touched or held. Accounting, consulting, education, health care, legal advice, transportation, and web design are all examples of services.

Thus the answer is TRUE.

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Suppose that a vaccine is developed for a highly contagious strain of flu. The likelihood that anyone will get this flu decreases as more people receive the vaccine. One of the demand curves below represents the private demand for the vaccine and the other represents the social demand for the vaccine. The private market equilibrium quantity is _____ doses per day A. 50 B. 75 C. 100 D. 125

Answers

Suppose that a vaccine is developed for a highly contagious strain of flu. Based on the graph given, the private market equilibtium quantity is 75 (B) doses per day.

Market equilibrium happens when the supply curve meets with the demand curve. Market equilibrium represents a condition where all products supplied by the producers are all accepted by the people's demand. A market is in equilibrium when the price of goods supplied matches demand.

Let's focus on the graph below.

In the case, there are 2 kind of market demand: private market and social market. In the graph, we have 2 demand curve. So, how do we decide which one is the private market?

Remember that private market is always smaller than social market, because private market is only included several people. Meanwhile social market represents the whole people in the economy. Hence, social market demand will be greater than the private market demand.

With this understanding, it is logic to assume that the private demand is represented by D1 curve. Social demand is represented by D2 curve.

In D1 curve, we know that the D1 demand curve is interect with supply curve in point (75,50). With X-axis on the graph represents the doses per day, and y-axis is vaccine price per dose.

We can conclude that the private market equilibrium quantity for vaccine is 75 doses per day (B).

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