The Output is 100 units
How do you find the average total cost from variable and fixed costs?
The formula for calculating average total cost is:
(Total fixed costs + total variable costs) / number of units produced = average total cost.
(Total fixed costs + total variable costs)
New cost - old cost = change in cost.
New quantity - old quantity = change in quantity.
The average total cost is the per-unit cost of the number of products that are made. This information is integral for making any decisions regarding product pricing. The product must be priced above the average total cost for the company to be profitable.The average total costs include both fixed and variable costs.
Fixed costs are expenses that are necessary for production but which don't change based on the number of products the company is producing.
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Aying a utility bill when received would _______.
a. increase expenses
b. increase owners' equity
c. decrease revenues
d. increase liabilities
When receiving a utility bill, playing it would result in increase expenses.
When receiving a utility bill, playing it would result in increase expenses.
Some of a company's increase expenses will rise when sales or increase expenses, while other expenses won't alter. A company's cost of goods sold will rise as well as its commissions costs, for instance, if it sells a few more things for which it pays a sales commission. However, even with the sale of a few more products, the salaries of the salaried staff and the rent paid by the business would not rise one penny.
Knowing how increase expenses, such as whether they will rise as sales do or whether they will remain at the same level, can help a business enhance its increase expenses. The objective is to raise sales or revenues by a quantity greater than the quantity by which expenses increase.
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Question in 2017, the ceo of netflix hired you as a strategic consultant to investigate music sales. what would you include as part of your vrio analysis for netflix?
In 2017, the CEO of Netflix hired you as a strategic consultant to investigate music sales. I would include the following as a part of the VRIO analysis for Netflix. Since the brand is well-known, it may be used to capture a share of the streaming music industry.
The VRIO framework is a technique for analyzing a company's internal resources and skills to determine whether they may be a source of sustained competitive advantage.
VRIO is an abbreviation for value, rarity, imitation, and organization.
The framework's first question is whether a resource offers value by allowing a corporation to capitalize on opportunities or defend against risks. If the answer is yes, the resource is valuable.Rare resources can only be obtained by a single or a few firms. Rare and precious resources give a competitive advantage in the near term. Competitive parity, on the other hand, happens when numerous firms have the same resource or use the capability in the same way.If other organizations that do not have it cannot imitate, buy, or substitute it at a fair price, it is costly to imitate. Imitation can take two forms: directly mimicking (duplicating) the resource or delivering a comparable product/service (substituting).If a corporation is not organized to capture the value from its resources, it will not benefit from them. A corporation must establish its management systems, processes, policies, organizational structure, and culture to fully use the potential of its valuable, uncommon, and costly to imitate resources and capabilities. Only then will the corporations be able to maintain their competitive advantage.Hence, the answer is to capture a share of the streaming music industry using the brand name.
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Martin electronics has an accounts receivable turnover equal to 16 times. if accounts receivable are equal to $80,000, what is the value for average daily credit sales?
The value for average daily credit sales $3287.67.
Credit sales are bills that are not made till numerous days or perhaps weeks after a product has been added. quick-term credit score arrangements appear on a company's balance sheet as bills receivable and vary from bills made at once in coins.
Credit sales score journal access refers back to the magazine entry recorded through the business enterprise in its income magazine whilst the business enterprise makes any sale of the inventory to a 3rd birthday party on credit score. In this situation, the debtor's account or account receivable account is debited with the corresponding credit to the sales account.
Receivables turnover = (Net Credit Sales/Average Accounts Receivable)
15 = x/80,000
x = 80000*15 = 1,200,000
Average daily credit sale = (1,200,000/ 365) = 3287.671233
Average credit sales is $3287.67
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Nieto machine shop budgeted 3,800 labor hours and 7,600 machine hours used in may. total budgeted overhead for may is $98,800. what is the overhead rate using labor hours and also using machine hours?
Overhead rate using labor hour and machine hours is 98800.
Given,
Labor hour = $6
Machine hour = $10
Overhead rate, 3800 x 6 + 7600 x 10 = 98800
What is overhead rate?Costs for production of a good or service are known as overhead rates. Expenses like the price of the corporate office are examples of overhead costs because they are not directly related to production.
The overhead rate is calculated by multiplying the indirect costs by the direct costs by 100. If your overhead rate is 20%, that means your company spends 20% of its revenue on the creation of goods or the rendering of services. A lower overhead rate indicates greater productivity and earnings.
One type of overhead is the expenses related to maintaining the manufacturing or office space that businesses need in order to operate. This covers utilities like water, gas, electricity, internet, and phone service in addition to rent.
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What are some aspects of business that require knowledge of taxation? what are some aspects of personal finance that require knowledge of taxation?
Knowledge of taxation is crucial for every company owner since taxes are essentially a cash outflow. Knowing which costs are taxable and which are tax exempt is essential for sound financial management. It's a boon to the company's bottom line and helps cut expenses. A person who takes the time to learn about taxes will be more informed about the tax breaks he or she may take advantage of in their enterprise. As a result, learning about taxes is a must for everyone interested in corporate financing.
The government will demand taxes on a number of your company's operations. Your tax burden is the total amount of money that you owe to all levels of government in terms of income taxes. The government will utilize the funds raised via taxation for administrative costs and social welfare initiatives.
In this context, "business taxation" refers to the many forms of governmental taxation corporations and other business entities are obligated to pay as a necessary cost of doing business. No matter what business structure you operate under—sole proprietorship, partnership, limited liability company, or corporation—you must follow all applicable tax laws. The tax ramifications that arise from running various businesses are varied. Consider the tax and non-tax implications of several entity choices to determine which is best for your business's long-term success and ease of transfer to future generations.
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If the npv of project a is $120, that of project b is -$40, and that of project c is $40, what is the npv of the combined project?
If the NPV of project A is + $120, that of project B is -$40, and that of project C is + $40, The NPV of the combined project is +$120
What is Net Present Value (NPV)?
Net present value is described as the difference between both the present value of cash inflows and the present value of cash withdrawals over time (NPV). The net present value (NPV) is a capital budgeting and investment planning calculation used to estimate the sustainability of a planned investment or project.The net present value (NPV) is the outcome of computations performed to determine the current value of a future stream of payments.
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Statements that can be relied on with a fair amount of certainty and can be observed objectively are known as.
FACTS are statements that can be relied on with a fair amount of certainty.
Why do you use the word statements?Sentences that express a fact, an idea, or an opinion are called statements.
Statements don't pose queries, issue requests, or issue directives. For instance, a statement would be "I like bananas because they have no bones." This particular sentence can only be true or false.
What are facts?A fact is defined as something that is true, has happened, or has been shown to be accurate. "The world is round" is an example of a fact. They articulate the most important issues and questions in a clear, concise manner. They gather data from a variety of sources, They come to well-justified conclusions and come up with solutions, They keep an open mind when it comes to how to approach and think through problems, and They are good communicators.To learn more facts, refer
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He new fund had average daily assets of $4.5 billion last year. the fund sold $600 million worth of stock and purchased $650 million during the year. what was its turnover ratio?
The inventory turnover ratio calculates how frequently inventory is sold and replaced during a specific time frame. Cost of Goods Sold divided by Average Inventory is the inventory turnover ratio.
Asset Turnover = Total Sales ÷ Beginning Assets + Ending Assets ÷ 2
Inventory Turnover = COGS / [ (BI + EI) / 2 ]
= 600.00 / [ ( 4.50 + 650.00) / 2 ]
= 1.83
Inventory Turnover (IT) = 1.83 times
Days in Inventory = DIY / IT
= 365.00 / 1.83
= 199.45
Days in Inventory (DII) = 199.45 days
The number of times inventory is sold or used over a given time frame, like a year, is referred to as the inventory turnover in accounting. It is calculated to determine whether a company has an excessive amount of inventory in relation to its level of sales.
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What is the ebusiness tool that can increase marketing reach and build customer loyalty through audio broadcasting?
Podcasting is an E-business tool that can increase marketing reach and build customer loyalty through audio broadcasting.
Podcasting is the preparation and distribution of audio files using RSS feeds to the computers of registered users. These files can then be uploaded to streaming services, which users can listen to on their smartphones or on digital media and music players, such as iPods.
This is when the podcast promotes sponsors during the show. You can hear your favorite shows connect with their advertisers over and over during each episode. The amount you earn from sponsors depends on the number of downloads your episodes earn.
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Samira is thinking about going to the concert tonight. a ticket costs $14 and she will have to cancel her babysitting job that pays $60. the cost of attending the concert is_________
Samira is going to a concert today. Her ticket costs $14 and she has to quit her babysitter job for $60. The cost of the concert is $74.
A concert is a live music performance in front of an audience. Performance may be performed by a single musician, called a recital, or by a musical ensemble, such as an orchestra, choir, or band. For a good concert, the combination of enthralling production, a fun atmosphere, and quality performance can imprint an unforgettable memory onto the many music fans who attend.
Concerts are an outlet for significant artists to connect directly to their fans, while festivals are several-day-long events where many artists perform. A show may be anything from playing guitar at a bar to performing in front of a hundred thousand people packed in a stadium. Persons acting in concert comprise persons who, pursuant to an agreement or understanding (whether formal or informal), co-operate to obtain or consolidate control of a company or to frustrate the successful outcome of an offer for a company.
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When+an+organization+states+it+wants+to+increase+output+by+10%,+they+have+stated+a(n):______.
When a company declares that its operational goal is to raise output by 10%, they have made a clear statement of their intent.
When a company declares that its operational goal is to raise output by 10%, they have made a clear statement of their intent.
Operational Goals are the objectives established by the Committee at the start of a Performance Period and completed by the Participants during the course of that Performance Period. Operational Goals will be stated in terms of operational goals and/or criteria, which may or may not be earnings measures, that, in the Committee's opinion after consulting with the Corporation's Chief Executive Officer, will increase the Corporation's success both during and after a specific Performance Period.
Operational Goals refers to the clear, concise, and objective operational goals listed above that must include the more detailed justifications of each Operational Goal in the Company's books and records as if such description were set forth at length.
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Which term is used to describe a call provision in which the issuer is prevented from calling a portion or the entire issue for several years during the early years of the bond issue?.
The term "sinking fund provision" refers to a call clause that prohibits the issuer from calling all or a portion of the bond issue for a number of years in the initial years of the bond issuance.
A clause mandating the issuer to set aside funds to repay bondholders at maturity. A fund or account is sinking fund provision established in bonds that have this clause, and the issuer makes regular contributions into it in order to repay the bond when it matures.
A requirement that the borrower retire a specific part of the debt each year is seen in several bond indentures. If interest rates have dropped, the bonds may be called from the investors or purchased on the open market to sinking fund provision effect the retirement (if interest rates have increased). Due to the increased liquidity created by this orderly retirement, bondholders may benefit; yet, they may also be forced to surrender high-yielding bonds at the call price, which is frequently par at a period of low interest rates. known as a bond sinking fund. Contrast the doubling option. See also sinking fund funnel.
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Suppose an economic boom causes incomes to increase and, at the same time, drives up wages for the sales representatives who work for cell phone companies. this will cause the:_________
Consider a scenario in which an economic boom raises earnings while also raising the pay of sales agents who work for mobile phone firms. The price of cell phones will increase as a result, but it is unknown how much will change in the equilibrium quantity, which will depend on whether the shift in supply is greater or lower than the movement in demand.
If a good is a typical good, then a rise in income will cause a economic boom rise in demand. Here, income is rising due to the economic growth, and as smartphones are considered to be standard goods, this gain in money will lead to an increase in demand, which will cause the demand for smartphones to move to the right.
Additionally, it is assumed that the wages of employees at smart phone companies will economic boom rise. Since these employees are a factor in the production of smart phones, the rise in the cost of this factor of production (i.e., wages) will lead to a decrease in supply because the total cost and marginal cost will rise. As a result, they will supply less than before at all price levels, which will cause supply to fall and shift to the left.
Hence Demand for smartphones rises and shifts to the right, while supply of economic boom rises and shifts to the left. This will cause the equilibrium price to rise, and the equilibrium price will follow.
Equilibrium quantity will rise if rightward shift in demand curve is greater than leftward shift in supply curve, fall if rightward shift in demand curve is smaller than leftward shift in supply curve, and remain unchanged if rightward shift in demand curve is equal to leftward shift in supply economic boom curve.
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Earnings per share (eps) data are prominent in corporate annual reports, but eps suffers as a financial performance measure because eps ignores the amount of?
Earnings per share (eps) data are prominent in corporate annual reports, but eps suffers as a financial performance measure because eps ignores the number of Liabilities that are not considered for determining EPS.
Stocks represent ownership of a company. When an individual buys shares in your company, they become one of the owners. Shareholders choose who runs a business and participate in making important decisions, such as whether or not to sell a business.
Shares as a way to gain exposure to global economic growth and health, as well as personal business. Your decision to invest in stocks or trade at their prices will depend on your long-term or short-term interest rates.
Liabilities required to generate retained earnings
EPS is calculated as follows
EPS= (Net revenue- expenses)/No. Of shares
So, revenue, expenses, and capital are all considered in determining EPS. Hence, options A, C, and D are incorrect.
Liabilities are not considered for determining EPS.
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A ______ driven project portfolio system can reduce or eliminate the impact of problems in project implementation. priority financially consensus
Problems with project implementation can be mitigated or completely avoided with a priority-driven project portfolio system.
What is priority-driven?
Priority-driven scheduling algorithms are a broad category of scheduling algorithms that never purposefully leave any resource idle. To put it another way, a resource only becomes idle when there are no active jobs that use it.An online scheduler is one that is prioritized. It does not compute a task schedule in advance. Instead, it gives jobs priorities after they are published and arranges the jobs in a ready job queue according to their priorities.Either a dynamic or static multiprocessor priority-driven system exists. In a static system, every task is divide into smaller systems. Every subsystem has a designated processor, and each processor's activities are scheduled (by themselves). In contrast, a dynamic system places all of the jobs that are prepared for execution in a single priority queue and sent to available processors for execution as soon as they become available. The worst-case scenario Priority-driven algorithms' performance sometimes falls far short of expectations.To learn more about priority-driven visit:https://brainly.com/question/19721841
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Substitute goods have cross-price elasticity that is?
The cross elasticity of demand for substitute goods is always positive.
What is meant by cross-price elasticity?
The cross-price elasticity of demand refers to the percentage change in the quantity demanded of a given product due to the percentage change in the price of another "related" product.
Cross Price Elasticity of Demand measures the relationship between two products and how the price change of one affects the demand of the other.
These can be categorized into three types; substitute goods, complementary goods, and unrelated goods.
Cross Price Elasticity of Demand can be calculated by dividing the change in demand of X by the change in the price of Y.
Cross Price Elasticity of Demand (XED) assesses how two products are related to one another when the price of one changes.
How will the 20% increase in a Hershey's chocolate bar affect the demand for Snickers?
In other words, it determines how the change in the price of one product influences the demand for another.
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Some services provided by cpas, like tax and bookkeeping, do not enhance information for users. these are known as ______ services.
These are known as non-assurance services.
What are non-assurance services?Non-assurance services don't demand that the practitioner state or draw a conclusion on the degree of assurance, whether a negative or positive assurance, regarding the results of the activity. In non-assurance services, the provider does not convey to the target audience any assurance regarding the level of trust to put in any assertion. The practitioner must demonstrate a higher level of independence when providing assurance services, though. Accounting, bookkeeping, and management advice are just a few of the non-assurance services that an auditor may offer to a company.The Code uses the phrase "non-assurance services" to describe engagements that don't fit the definition of an assurance engagement.To learn more about non-assurance services, refer to:
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When trying to decide which college has the lowest cost of attendance, which is the most important for students to consider?
The most important thing that students must take into the consideration while deciding about the cost of attendance is net price.
What is Attendance?Attendance refers to the act of being present in a certain event, program or assembly every day. For instance, attendance in the meeting is compulsory for the members of the boards.
Net price refers to the amount which comes after deducing all kinds of the expenses from the product or service. When determining which institution offers the most affordable tuition, net price must be considered.
Therefore, it can be concluded that net price is an important consideration.
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Which principle has the strongest application in the valuation of income producing properties?
The anticipation principle has the strongest application in the valuation of income-producing properties.
The anticipation principle is a way utilized by an appraiser in which the appraiser makes use of the earnings technique to decide the cost of a property. The appraiser will estimate the prevailing really well worth of destiny advantages for the property.
The anticipation principle says that cost is created via way of means of the expectancy that sure advantages might be found out withinside the destiny. Value can boom or lower in anticipation of a few destiny gains or detriments affecting the property.An anticipation pose or drawing is training for the principle motion of a lively scene, as awesome from the motion and the reaction.
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A good that a producer can prevent a consumer from using by charging a price is __________.
A good that a producer can prevent a consumer from using by charging a price is a public good that is non-rivalrous. Thus, option C is correct.
Who is a producer?A producer can be defined as the person who produces on manufactures a good or a product, it can be a rock product or a semifinished or a finished product. These are basically the manufacturer of a commodity
A good that the producer is being produced is a public good that will be considered non-rivalrous which means that the good can be consumed and posses by multiple users and that are not being made of subjected to a particular party or subjected group of people. Therefore, option C is the correct option.
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The question is incomplete, the complete question will be:
a private good that is non-rivalrous
a public good that is excludable
a public good that is non-rivalrous
a private good that is excludable
Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of cost of goods manufactured for the year?.
$510,000. During May, $64,500 in raw materials (all direct materials) were drawn from inventory and used in production.
Companies within the white-collar sector of business, including law firms, accounting businesses, and personal investment companies, can utilize job order costing to manage individual labor costs client accounts. As an example, accounting firms can consider each individual client's employment.
Because overhead is usually driven by direct labor hours during a service company, direct labor hours are often used because of the allocation base. The method of recording overhead costs within the journal and job cost sheet is the same for both kinds of firms.
The basic flow of costs during a job-order system begins by recording the prices of fabric, labor, and manufacturing overhead. a. Direct material and direct labor costs are debited to the add Process account. Job order costing may be a costing method which is employed to work out the price of producing each product.
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A lead generation website received 1,000 visitors, gained 80 leads, and booked jobs with 20 of those leads. What is the conversion rate and what is the close rate?.
The conversion rate is 8% and the closing rate is 25%.
Conversion rate can be defined as one of the most common metrics used by marketers, salespeople, and business professionals. It is often discussed and taken on the surface as an important metric or key performance indicator for most businesses.
Closing ratio or also known as close rate, can be described as a measure that shows how efficiently a sales professional or a sales team performs. Closing ratio or also known as close rate tracks how many sales have been closed compared to the number of proposals given. In other words, closing ratio or also known as close rate tracks how many leads out of all prospects made a purchase.
The formula for calculating the conversion rate is quite simple:
Conversions / Visits* = Conversion Rate
Conversion rate = [tex]\frac{80}{1000}. 100[/tex]% = 8%
Close rate = Closed deals/ total sales leads
Close rate = [tex]\frac{20}{80}.100[/tex]% = 25%
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Mario has gross biweekly earnings of $784.21. by claiming 1 more withholding allowance, mario would have $13 more in his take home pay. how many withholding allowances does mario currently claim? a. 3 b. 4 c. 5 d. 6 please select the best answer from the choices provided a b c d
Mario has gross biweekly earnings of $784.21. by claiming 1 more withholding allowance, mario would have $13 more in his take home pay. how many withholding allowances does mario currently claim 4.
Net pay is the amount you get after taxes and therefore the deductions that are withheld during your pay period. By placing a “0” on line 4, you're indicating that you simply want the foremost amount of tax taken out of your pay each pay period.
If you would like to assert 1 for yourself instead, then less tax is taken out of your pay each home pay period. Federal revenue enhancement withholding was calculated by: Multiplying taxable gross wages by the amount of pay periods p.a. to compute your annual wage.
Subtracting the worth of allowances allowed (for 2017, this is $4,050 multiplied by withholding allowances pay claimed). For hourly employees, gross wages are often calculated by multiplying the amount of hours worked by the employee's hourly wage.
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The hard sell or aggressive persuasion designed to separate consumers from their cash emerged during the.
The advertising or aggressive persuasion designed to separate consumers from their cash rise during the -----production era
What is the production era of business?
Mass Production Era (1860s-1920s): The production era rise during the Industrial Revolution. Products were produced in large quantity and at a coffee cost. Typically businesses only manufacture one product at a time. Also during this era, businesses had the mindset of, “if produced, someone will buy” and thus gain profitability.
What are the 5 eras of business?
The history of yank business can be differentiated into five distinct eras: the Industrial Revolution, the Entrepreneurship Era, the assembly Era, the Marketing Era, and the Relationship Era.
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The firm has only $20 million to invest. what is the maximum npv that the company can obtain?
The firm has only $20 million to invest. What is the maximum NPV that the company can obtain?
A. 3.5
B. 4.0
C. 4.5
D. 5.0
E. 5.5
C. 4.5
NPV is the present value of the anticipated cash flows. the amount of money invested today
In contrast to other capital budgeting analysis methods, the NPV formula utilizes the time value of money; it discounts cash flow and examines profitability depending on the timing of when cash flow occurs. The discount rate used in the NPV method also accounts for the particular cost of capital for the company.
The NPV calculation inherently incorporates long-term exposure to risk because it discounts cash flow. Since these cash flows frequently have the greatest degree of uncertainty, the most distant estimates in the future are discounted most heavily.
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Which statistical technique includes a group of experts discussing the forecast to predict employment?
The Delphi method includes a group of experts discussing the forecast to predict employment,
Employment is an agreement between an business enterprise and an worker that the worker will offer certain services. In go back, the worker is paid a earnings or hourly salary. even though employees can negotiate positive gadgets in an employment settlement, the phrases and situations are on the whole decided by the enterprise.
Employment is an monetary interest, wherein a person works below some other character. the individual that's being hired for any other man or woman or agency is known as as worker. An worker gets wages or salaries.
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If the exchange rate in moscow on the russian ruble (rub) was , instead of , what would be the usd price?
If the exchange rate in Moscow on the Russian ruble was USD 0.0452/RUB then the USD price would be the cost in local currency i.e. RUB 2,451.24 times the exchange rate is USD 110.80.
What is USD Price:
The USD, or the U.S. Dollar, has been the primary reserve and most traded currency in the forex market. The U.S. dollar is also famously known as a buck, green, dough, scrillas etc. It is the official currency of the U.S. (United States of America). Currency value is determined by aggregate supply and demand. Supply and demand are influenced by a number of factors, including interest rates, inflation, capital flow, and money supply. The most common method to value currency is through exchange.
What is Exchange Rate:
Exchange rate, the price of a country's money in relation to another country's money. An exchange rate is “fixed” when countries use gold or another agreed-upon standard, and each currency is worth a specific measure of the metal or other standard.
Exchange Rate = Money in After Exchange / Money Before Exchange
Now,
2,451.24 x 0.0452 = USD 110.80 .
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A lawyer can argue a case in court for one hour and make $300. She could alternatively use that hour of time to type a legal brief in her office. What is the opportunity cost of her typing the legal brief?.
A lawyer can argue a case in court for one hour and make $300. She could alternatively use that hour of time to type a legal brief in her office. The opportunity cost of her typing the legal brief is $300, since that is the amount she could have made by arguing a case in a court.
What do you understand by opportunity cost?
Opportunity costs reflects the potential benefits that an individual, investor, or business might miss out on when choosing one alternative over another.
Because opportunity costs are unseen by definition, they can be easily overlooked. Understanding the potential missed opportunities when a business or individual chooses one investment over another allows for better decision making.
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Performance appraisals are a high-performance work practice at netflix as employees receive raises that are tied to?
Performance appraisals are a high-performance work practice at Netflix as employees receive raises that are tied to hiring practices.
A performance appraisal also referred to as a performance assessment, performance evaluation, (career) improvement dialogue, or employee appraisal, sometimes shortened to "PA", is a periodic and systematic system wherein the process overall performance of a worker is documented and evaluated. performance value determinations are a part of career improvement and encompass everyday reviews of employee performance within businesses.
Overall performance appraisals are most often conducted by means of an employee's immediate manager or line supervisor. whilst drastically practiced, annual overall performance critiques have additionally been criticized as offering feedback too every now and then to be useful, and a few critics argue that performance opinions in well-known do greater harm than true.
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Allocating and recording the cost of using property, plant & equipment over its useful life under ifrs is called?
Allocating and recording the cost of using property, plant & equipment over its useful life under IFRS is called depreciation.
Belongings is any object that someone or a business has criminal name over. belongings may be tangible objects, along with houses, automobiles, or appliances, or it can confer with intangible items that convey the promise of destiny worth, along with stock and bond certificate.
Corporeal property is seen and tangible, whereas incorporeal property is not. moreover, corporeal assets is the proper of ownership in material matters, whereas incorporeal assets is an incorporeal proper.
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