The fixed cost is $85,000.
The variable cost per unit is $7.25.
The contribution margin is $22.75.
The break-even point is 3,736.26.
The units to be sold to have a profit of $75,000 is 7033
What are the cost functions?A fixed cost is a cost that does not change with the level of output of the good produced. Variable cost is the cost that changes with the level of output. Contribution margin is selling price per unit les variable cost per unit. Breakeven point is the point where total selling price is equal to total cost price.
Variable cost = $2.10 + $0.15 + $5 = $7.25
Contribution margin = selling price - variable cost
$30 - $7.25 = $22.75
Break-even point = $85000 / $22.75 = 3736.26
Profit = selling price - cost price
$75,000 = (30y) - ($85,000 + 7.25y)
Where y is the number of units
$75,000 = 22.75y - 85,000
$160,000 = 22.75y
y = 7033
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Scenario A. Luna is a manufacturer of fashion jewelry. The company has been operating for the past decade and is well known. When the CEO, Aimee, was asked by a local newspaper during an interview about the secret to her success, she stated that there were several reasons. She makes sure that the company always introduces new styles of jewelry to suit changes in tastes and stay a step ahead of her competitors, and the company offers its customers the best by using fine-quality semiprecious stones in artful settings. She also stated that the company's salespersons cater to customers individually to help them purchase jewelry appropriate for their personal style. Luna has its own exclusive website, which can be accessed anywhere in the world, and customers are promised that they will get what they order within 36 hours. From Scenario A, it can be understood that Aimee is an example of a(n) Select one: a. strategic manager. b. frontline manager. c. operational manager. d. tactical manager. e. middle-level manager.
Given that the business is said to make changes that suit the taste of consumers we can agree that Aimee is a strategic manager.
Who is a strategic manager?
This is a person that is involved in the planning and the analysis of the market to which a business belongs.
A manager like Aimee is a person that is involved in the oversight of the key strategic plans that would help the business grow.
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Assume that the dollar has been consistently appreciating over a long period. The fed decides to counteract this movement by intervening in the foreign exchange market using nonsterilized intervention. The fed would:.
As the dollar have been appreciating over a long period. the fed can counteract the trend in the foreign exchange market by:
buying dollars with foreign currencybuying Treasury securities with dollars.What is the function of the Feds?Feds means Federal reserves. Some of the main function of the Federal reserves includes:
conducting national monetary policysupervising and regulating banksmaintaining financial stability etcIn conclusion, the counteractive action that includes buying dollars with foreign currency and buying treasury securities with dollars will help control the over-appreciation of the dollar value.
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A family has total assets of $240,000 and total liabilities of $180,000. What is thefamily's net worth?
Answer:
60k
Explanation:
Subtract the family's liabilities from their total assets to give you their net worth.
Answer:
Hope it helps you.
$60,000
true or false?
Someone who frequently calls customer service for assistance but still purchases several phone and Internet plans is considered a valued customer. *
TRUE OR FALSE?
The 80/20 rule tells marketers that 80% of their revenue is generated by 20% of their customers.
TRUE OR FALSE?
________ strategy involves deciding how you want your product to appear relative to its competition.
TRUE OR FALSE
Answer: I hope this helps!
Explanation:
1. True
2. True
3. Product
When it comes to transferring funds and mobile banking, what does it mean to "authenticate" the transaction?.
Answer:
Explanation:
Short answer is when it says to Authenticate the Transaction it means to Make sure that the person is actually you and you are wanting to make the purchase.
George works in an office where smoking is allowed. George develops lung cancer and sues his company, Lennie L. L. C. , for hazardous work conditions. What kind of court will this matter be tried in? a. Civil court b. Criminal court c. Appellate court d. Kangaroo court Please select the best answer from the choices provided A B C D.
Answer:
The answer is A) a civil court.
Explanation:
Civil courts concern legal actions of all types and matters except for criminal disputes, so a civil court would be used for George to be tried in.
Unit cost is: a.the sum of the process category unit costs. b.the sum of the unit cost of labor used in all departments. c.the sum of the unit cost of materials used in all departments. d.the sum of the input category unit costs.
Unit cost can be described as the .the sum of the process category unit costs.
What is unit cost in simple terms?This is the sum of the total expenditure that was used in the manufacturing process for a unit of product or service.
It is the cost of good that was used in the manufacture, the storage an d the sale of that product.
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On May 1, Doormart received an order from a customer. The goods were shipped FOB shipping point on May 3. The customer received the goods on May 5 and paid for the merchandise on June 1. When should Doormart record the sale
Based on the information given Doormart should record the sale on May 3.
Free on Board Shipping PointDoormart should record the sales on the day in which the goods were shipped FOB shipping point.
Based on the information given the day in which the goods were shipped FOB shipping point was May 3.
Reason being that buyers tends to take the delivery of the goods, once the goods has be shipped by the seller or once the goods has leave the seller shipping point.
Inconclusion Doormart should record the sale on May 3.
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Charlie represents Sue, a buyer, in a transaction. A licensee from another firm represents the seller, Claude. Claude will pay a 6% commission to his listing firm, and that firm will split the commission with Charlie's firm. Charlie will be compensated through his brokerage. What's true about this situation
The truth that is presented in this situation is the fact that this does not change the agency relationship.
What is agency relationship?
This is a type of relationship that exist where by a given principal would employ an agent who acts on his behalf concerning dealings with other people.
Even though Charlie is representing Sue and the firm has to split commissions it would not affect the relationship.
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What are the advantages of picking fruits safely from the tree
Answer:
You wont get seriously injured
Explanation:
Be safe and use a ladder or somekind of fruit picker when trying to harvest fruits.
A decrease in the price of toothpaste in a tube can lead to a decrease in the purchase of toothpaste in a pump. This means:
Answer:
They are complementary goods
Explanation:
Complementary goods are goods that are typically purchased together. For example: a bicycle and a helmet, a book and a bookmark, a pillow and a pillowcase, etc. Whatever happens to one good will typically end up happening to the other. If one becomes more expensive, the other typically will as well, and so on.
PLZ I NEED HELP THIS IS IN FOUNDATIONS BTW PLZ HELP WITH WORK. :/
What will be the result if the formula if inserted into cell and copied down the column so that the cell references were correct? Select all that apply.
A. The comments for Ryan would be, "Good effort!"
B. The comments for Latisha would be, "Well done!"
C. The comments for Kate would be, "Good effort!"
D. The comments for Tom would be, "Well done!"
Answer:
i dont understand this, please give more info
Explanation:
The population of the US is about 320 million people. If annual consumption of petroleum in the U.S. is about 24 barrels per capita (per person), calculate the total annual consumption of petroleum. Put your answer in scientific notation.
Answer:
Capita. = 698108. 300,000,000 - us population. 3x108 = us population per capita (2003) If the annual consumption of petroleum in the United States
Explanation:
This took me a long time next time can you make it more points bc then I will help more
True or false: A manager trying to motivate his subordinates by focusing on the pride they will feel for completing a task successfully is unlikely to be successful if his subordinates are hungry or cold at the time.
It is TRUE that a manager who tries to motivate his subordinates by focusing on the pride they will feel for completing a task successfully cannot meet with success if his subordinates are hungry or cold at the time.
What is the motivation of workers?The motivation of workers stems from the enthusiasm, energy level, commitment, and amount of creativity that an employer or supervisor allows the employees to bring to the workplace.
Some factors have been recognized to provide employee motivation. They include:
Meaningful and purposeful workPositive company cultureRecognition for hard workEmpathyCreating opportunities for learning and developmentCareer progression.Thus, it is TRUE that a manager who tries to motivate his subordinates by focusing on the pride they will feel for completing a task successfully cannot meet with success if his subordinates are hungry or cold at the time.
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Discuss two reasons why government may impose taxes on alcohol and tobacco
Answer:
I discussed with my friend
True or false: One consequence of big cities' ceasing to be industrial centers is that homes, jobs, and issues of interest have become focused on downtown areas.
What would be a concern addressed in a strategic plan?.
Answer:
Strategic planning is concerned with the future or the long-term dynamics of the firm. Second, it is concerned with growth. Third, it is concerned with environment, the fit between the enterprise and its environment.
Hector, a manager for a fulfillment center, is in the process of recruiting new employees. Hector creates a detailed schedule for training new employees over a period of four weeks. This is most likely to be found in a(n) ________ plan.
Hector scenario is most likely to be found in a training plan.
What should be found in a training plan?The Training Plan is known to be the outlines of all the objectives, needs, strategy, and curriculum that would be handled or to be addressed when training users.
Conclusively, It is often employed when training users on the new or enhanced information system.
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Lean manufacturing has been adopted by a variety of companies. How might a shoe manufacturer use this
manufacturing style to add more value to the shoes they sell? (Select all that apply.)
-Stockpile leather to get the most benefit from economies of scale
-Purchase leather in amounts matched to demand
-Base production levels on demonstrated capacity
-Include manufacturing operations in the design phase
Answer:
I think it is b c d
Explanation:
A doesnt support lean manufacturing because stockpiling will increase time needed for production, manufacturing. B, C, and D express ideas that support lean manufacturing. B supports having an even supply for even customers. C supports only making what you need limiting times. D describes the plan you will make in manufacturing which supports lean manufacturing.
Hope this helps!
if the state minimum wage is higher than the federal minimum wage, which minimum wage is used?
1.Federal
2.Both
3.State
4 Neither
1.federal because imagition limits
Jeffrey decided he could earn a nice profit by developing courses and offering one-on-one help to older customers in overcoming their technology deficiencies. Although the business struggled at first, he is experiencing a good deal of success now. Jeffrey has many satisfied customers, and the business has grown to the point where he now employs several workers. Jeffrey's experience is an example of
Jeffrey's experience is an example of the invisible hand concept.
What is the invisible hand concept?The invisible hand is known and regarded as a form of metaphor that iis often used for things that are unseen/ unseen forces that tends to shift the free market economy.
An individual self-interest and freedom of creation and consumption, the interest of society, as a whole, are meant via this invisible hand concept .
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Differences between the bank statement balance and the cash account balance in the accounting records are primarily caused by timing differences and.
Differences between the bank statement balance and the cash account are caused by timing differences and error.
What is bank reconciliation?A bank reconciliation statement is a document prepared to show and present the main reasons for the difference between the bank statement's balance and the bank accounts balance.
The purpose of bank reconciliation is to identify errors preventing both bank and cash account from balancing.
Hence, the differences between the bank statement balance and the cash account are caused by timing differences and error.
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The process of making decisions about goals and activities that an organization will pursue in the future is referred to as.
The process whereby a organization makes decisions about what they will do in the future is known as planning.
What is planning?Planning simply means the process of thinking in order to achieve a desirable goal.
Planning is the process of making decisions about goals and activities that an organization will pursue in the future.
Organizations make plans in order to increase sales, revenue, etc.
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What is the country that consumes the most vegetables per year?.
Answer:
According to the web, China consumes the most vegetables per year.
Explanation:
Answer:
There is a lot of mixed answers between India and China but I would believe India. I believe this since in India the common practice is Hindu, which they believe that people reincarnate into animals which they eat vegetables and fruit.
Explanation:
In terms of product differentiation, how many benefits should a company aggressively promote to the target market?.
A company should aggressively promote to the target market one benefit.
What is product differentiation?Product differentiation refers to strategies used by producers to make their product unique from others. This means that at a glance, consumers or buyers can quickly spot the products compared to the competitors.
With regards to the above, product differentiation entails having a product with distinct features hence companies should promote one benefit to the target market.
Therefore, a company should aggressively promote to the target market one benefit.
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If the nominal interest rate is 4 percent and the inflation rate is 6 percent, then the real interest rate is a.-4 percent. b.-2 percent. c.0 percent. d.2 percent.
The real interest rate given the nominal and inflation rate is -2 percent
How to calculate the real interestThe formula for calculating real interest given the nominal and inflation rate is expressed as:
Real interest rate ≈ nominal interest rate − inflation rate
Given the following
Real interest = 4%
inflation rate = 6%
Substituting into the formula
Real interest rate = 4% - 6%
Real interest rate = -2%
Then the real interest rate given the nominal and inflation rate is -2 percent
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______ refers to a set of unspoken guidelines that employees share in various work situations. Multiple choice question. Organizational theory Organizational culture Organizational climate Organizational structure
It can be noted that the set of unspoken guidelines that employees share in various work situations simply means the conclusion organizational culture.
What is organizational culture?Organizational culture simply means the underlying beliefs and values that can be found in a company.
They are simply the set of unspoken guidelines that employees share in various work situations.
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All businesses are required to make sure that the disabled can ______. A. Afford the things they need to buy b. Easily access all areas of the business c. Find a job that meets their needs d. Be approved for store credit cards Please select the best answer from the choices provided A B C D.
According to the sentence, all businesses are required to make sure that the disabled can include option B: Easily access all areas of the business.
What is the term business about?
A business is defined as the firm that involves in the activities of commercial and industry such as trading of goods and services.
A business can earn profit, if they lower their prices, provide good quality and quantity and open their branches in the rural or urban areas.
The owners need to channelize their items through the usage of modern technologies like broadcast, television or internet. So, that the people who are unable to earn the service at the right time can survive in the particular area.
Therefore, correct option is B.
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The place where what sellers are willing to sell for and buyers are willing to buy for is called __________.
a) market price
b) elastic price
c) equilibrium price
d) Paradox of value
e) both a and c
f) None of the above
The place where what sellers are willing to sell for and buyers are willing to buy for is called equilibrium price. Therefore, the correct answer is option (c) equilibrium price.
a) Market price: This answer is partly correct because market price is the actual price at which a good or service is sold in the market. In a competitive market, the market price is usually close to the equilibrium price, which is the price at which buyers and sellers reach a balance.
b) Elastic price: This answer is wrong. Elasticity means how much buyers or sellers change their behaviour in response to changes in price. Although it's related to the determination of equilibrium price, it's not the same thing.
c) Equilibrium price: This answer is correct. Equilibrium price is the price at which supply and demand for a good or service are equal. It's the price at which buyers and sellers are happy to trade.
d) Paradox of value: This answer is wrong. The paradox of value is a concept that observes how some things that are essential, like water, have a low value, while some non-essential things, like diamonds, have a high value. It's interesting, but it's not directly related to equilibrium price.
e) Both a and c: This answer is partially correct. Market price and equilibrium price are related. In a competitive market, the market price is usually close to the equilibrium price, which is where supply and demand for a good or service are balanced.
f) None of the above: This answer is incorrect. The correct answer is c because equilibrium price is the price at which supply and demand for a good or service are equal, and it's the price at which buyers and sellers are happy to trade.
Option (e) "both a and c" is partially correct because market price and equilibrium price are related concepts, but only Option (c) fully answers the question. Therefore, the most accurate answer to the question is Option (c) "equilibrium price".
EXAMPLE 1: invests $500 at a simple
interest rate of 6%. How much interest will he earn in
one month? In six months? In one year?