Answer:
NO
Explanation:
Break even point is the point at which TC( total cost of producing goods) and TR(total revenue/income) are equal. i.e the point at which a business experience zero profit and zero loss.
Davidson company has sales of $100,000, variable cost of goods sold of $40,000, variable selling expenses of $15,000, variable administrative expenses of $5,000, fixed selling expenses of $7,000, and fixed administrative expenses of $9,000. What is davidson’s contribution margin?.
Davidson’s contribution margin for the sale of goods would be : $40,000
What is contribution margin?Contribution margin is a business' sales revenue less its variable costs. The resulting contribution margin can be used to cover its fixed.
Contribution margin is computed as:
= Sales - Total variable cost(Variable cost of goods sold + Variable selling expenses + Variable administrative expenses)
= $100,000 - ($40,000 + $15,000 + $5,000)
= $100,000 - $60,000
= $40,000
Therefore, Davidson’s contribution margin for the sale of goods would be $40,000
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A(n) ______ is defined as trying to earn a profit by providing goods and services that satisfy people's needs and wants.
Every individual or business wants to make profit this is done by providing goods and services that satisfy people's needs and wants.
What is a business?
A business is an organization that aims at making a profit by providing goods and services that are desired by individuals also known as customers.
Business meets a need and gets profit in return.
Therefore, A Business is defined as trying to earn a profit by providing goods and services that satisfy people's needs and wants.
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True or False: Market segmentation is the process of dividing the market into groups of customers based on their needs, wants, and characteristics.
Answer:
true
Explanation:
Market segmentation is the process of dividing prospective consumers into different groups depending on factors like demographics, behavior and various characteristics.
The economy of texas grew rapidly in the 1990s and was.
In the 1990s, the economy of Texas saw massive growth which was based on a diversified model.
Economy of Texas Quite diversified Major sectors range from energy production to mining and service production.A lot of the growth in Texan economy was seen in the 1990s and this led to more people moving to Texas and a heavy investment in the state. This led to Texas having the huge economy it has now.
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Reg has just purchased a new car. The car had a list price of $22,499, and he was responsible for 7. 96% sales tax, a $2,138 vehicle registration fee, and a $262 documentation fee. Reg’s financing has an interest rate of 10. 27%, compounded monthly, and a duration of three years. If Reg makes a monthly payment of $773. 89, which of the following was his down payment? Round all dollar values to the nearest cent. A. $2,000 b. $2,200 c. $2,500 d. $2,800 Please select the best answer from the choices provided A B C D.
The down payment that would be paid by reg is $2,800.
What is a down payment?A down payment is the first partial payment for the purchase of price expensive items or services, such as a car or a house. It is usually paid off in cash or equal at the time of finalizing the transaction. A loan of some kind is then asked to finance the remainder of the payment.
Computation of a down Payment:
According to the question,
The total amount of car would be:
[tex]\text{List Price + Sales Tax + Registration Fee + Documentation Fee}\\\\\$22,499+\$1,791+\$2,138+\$262 = \$26,690.[/tex]
r= 10.27%,
[tex]r=\dfrac{10.27}{12\times100}\\\\\\r= 0.00855833[/tex] ,
t= [tex]12\times3\text{Years}=36 \text{Months}.[/tex]
Monthly Payment = $773.89.
Let X be the amount of payment that is given in the starting.
[tex]\text{Monthly Payment} = \dfrac{\text{(List Price - x) r }}{1-(1+r)}}\\\\\\\$773.89 = \dfrac{(22,49-\text{x )0.0085533}}{1-(1+0.0085533)}\\\\\text{x}=$23889.84[/tex]
The amount of down payment would be:
[tex]\text{Down Payment}=\text{Total Amount - Down Payment}\\\\\\\text{Down Payment}=\$26,690-\$23889.84\\\\\text{Down Payment}=\$2,801 \text{App.}[/tex]
Hence, Option D is correct.
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Hackers access your
customer database,
which includes
addresses and credit
card numbers. These
customers are now at
risk of identity theft, and
they decide to sue you
for violation of their
privacy.
Answer:
yes it is true
this is your answer
Crush blush’s cosmetics products are sold to consumers and stylists in beautiful you’s beauty supply store. Crush blush relies heavily on beautiful you to help sell its goods to customers. Beautiful you is a ________ of crush blush products.
Beautiful you is a distributor of crush blush products.
Who is a distributor?A distributor is an agent who assist in supplying goods to final consumers. They are middlemen between the producer of a product and another entity in the distribution channel.
The role of distributors in the chain of production is very important because they help make goods available to buyers who need them.
Hence, beautiful you is a distributor of crush blush products with respect to the above information.
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Company Dept. A Dept. B
Estimated manufacturing overhead $500,000 $338,000 $162,000
Estimated direct labor cost $250,000 $130,000 $120,000
Actual manufacturing overhead $720,000 $400,000 $320,000
Actual direct labor cost $300,000 $160,000 $140,000
Based on this information, the pre-determined overhead rate per direct labor dollar for Dept. B is $_____.
The pre-determined overhead rate per direct labor dollar for Dept. B is 1.35.
What is manufacturing overhead?
Manufacturing overhead costs are the cost associated with running a manufacturing facility.
Examples of factory overhead include
indirect labor costsfactory rentdepreciation of plants and machinerySales and administrative costWhat is direct labour cost?The direct labour cost is the cost directly involved in the production of goods and services.
What is the pre-determined overhead rate per direct labor dollar for Dept. B?The pre-determined overhead rate per direct labor dollar for Dept. B = Estimated manufacturing overhead / Estimated direct labor cost
= $162,000 / $120,000 = 1.35
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The EPA is responsible for setting and enforcing regulation related to _______. A. Workplace safety b. The environment c. Traffic and roadways d. Workplace efficiency Please select the best answer from the choices provided A B C D.
Answer:
B
the environment
Explanation:
How do temporary accounts differ from permanent accounts?.
In essence, the temporary accounts differs from permanent accounts because they are cleared out at the end of the accounting period.
What are Permanent and Temporary accounts?Permanent accounts are account found on the balance sheet (asset, liability, owner's equity accounts etc) while the Temporary accounts are zeroed out by an action called closing.
In conclusion, the temporary accounts differs from permanent accounts because they are cleared out at the end of the accounting period.
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Marketing managers at Nordstrom have had experts create initial forecasts, averaged their results, and then returned the averages to the experts to refine their individual forecasts. Which technique are Nordstrom managers using
Based on the provided information, the technique that Nordstrom managers were using is Delphi technique.
What is a Delphi technique ?Delphi technique can be regarded as the structured communication technique which is been developed to serve as interactive forecasting method that is based on a panel of experts.
Therefore, Nordstrom managers as using Delphi technique.
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A tax credit of $100 for a person in a 24 percent tax bracket would reduce a person's taxes owed by:
A tax credit of $100 for a person in a 24 percent tax bracket would reduce a person's taxes owed by $24.
Tax credit amount = $100
Tax rate (tax bracket) = 24%
Reduction in taxes owed = Tax credit amount × Tax rate
= $100 × 0.24
= $24
A tax credit is a direct reduction in the total tax liability, subtracted from taxes owed. It can be refundable or non-refundable. Tax owed is the final tax liability based on taxable income and applicable rates after deductions, credits, and exemptions.
If credits exceed taxes owed, the taxpayer may get a refund otherwise, they must pay the remaining amount. Credits incentivize certain behaviors or activities, promoting economic and social objectives.
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Understanding the cost of partially completed goods allows the manufacturer to: Multiple choice question. measure the number of units completed at the beginning of the period measure the cost of direct materials purchased measure production activity for the period
Answer:
measure production activity for the period
Explanation:
I got this right
Understanding the cost of partially completed goods allows the manufacturer to measure production activity for the period. The correct option is (C).
What do you mean by the manufacturer?A manufacturer is a person or business that turns raw materials into finished products using a variety of tools, machinery, and procedures, and then sells those products to consumers, wholesalers, distributors, retailers, or other manufacturers who can use them to make more complicated products.
Manufacturing engineering, often known as the manufacturing process, converts raw materials into completed goods.
Designing the product and choosing the materials come first in this procedure. Various manufacturing procedures alter the raw components to produce the completed product.
Therefore, understanding the cost of partially completed goods allows the manufacturer to measure production activity for the period.
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Suppose that both of the events you have just analyzed are partly responsible for the decrease in the price of calzones. Based on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes was the dominant cause of the decrease in the price of calzones?.
Based on the arguments given, the best option is that A)If the equilibrium quantity of calzones increases, then the supply shift in the market for calzones must have been larger than the demand shift.
Effect of Supply increasingThe number of those selling calzones has increased which would lead to the Supply curve shifting right. This will lead to an increase in the equilibrium quantity.
Effect of demand decreasingThe increase in the complimentary good of beer led to a fall in price and equilibrium quantity as the demand curve shifted leftward.
Dominant causeIf the equilibrium quantity increases then it means that the effect of supply increasing was more than the effect of demand decreasing to the extent that it overrode the decreased quantity as a result of reduced demand.
In conclusion, option A is correct.
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Two goods are complements when a decrease in the price of one good.
When two goods are complementary in nature, the fall in the price of one will lead to an increase in the demand of the other.
What are Complementary Goods?Two goods are complimentary if a consumer is most likely to purchase and use both items at the same time.
Some examples would are:
Pencils and NotebooksCars and PetrolMobile Phones and Call Service Subscriptions etc.Recall the law of demand. All things being equal, a decrease in price will lead to an increase in demand. So if the price of one has decreased, the demand for both will increase.
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A certain drug treatment cures 90% of cases of hookworm in children. Suppose that 20 children suffering from hookworm are to be treated, and that the children can be regarded as a random sample from the population. Find the probability that:
a. all 20 will be cured
b. no more than 2 will be cured
c. at least 1 will be cured
d. more than 78% will be cured
e. What is the mean and standard deviation of the number of cured out of 20?
f. What is the mean and standard deviation of the proportion of cured out of 20 (Hint: if you define a variable to be the number cured out of 20, the proportion is).
Answer:
78% of 2.
Explanation:
Get a calculator. Press ON, then press 78 WITH PERCENT IF APPLICABLE. Times 2. Enter, thats your answer is what you get.
If the state of Georgia had an exceptionally large crop of peanuts, what would happen to the demand for jelly
the demand for jelly would decrease
An economic system based on freedom of choice and privately owned factors of production is.
The economic system based on freedom of choice and privately owned factors of production is known as : Capitalism.
What is capitalism?Capitalism is an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. The capitalist is the one who is responsible for fixing the prices of his goods and his services.
One of the characteristic of capitalism is that the price of goods is determined by how many exist and the number of people who want them.
Other basic characteristics of capitalism include:
Private ownershipCapital accumulationWage laborPrice system.Therefore, the economic system based on freedom of choice and privately owned factors of production is known as Capitalism .
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The form of business organization where an entity is legally separate from its owners and issues shares of stock is a.
Answer:
corporation
Explanation:
An employee makes an hourly rate plus any tips they earn. This tip employee made a total of $400 by working 28 hours last week. If $253 of their total earnings was their tips, what is their hourly rate of pay? a. $5. 25 b. $5. 61 c. $8. 82 d. $9. 04 Please select the best answer from the choices provided A B C D.
The employee's hourly rate of pay would be $5.25 if his total earning is $400 and the total tip is $253.
Who is an employee?An employee is an individual who works for the employer and in return, he/she demands some wages or salary.
Computation of the hourly rate of pay:
Given,
Total Earning = $400,
Total Tips = $253,
Working Hours = 28 Hours.
Then, an hourly rate of pay:
[tex]\text{Hourly Rate of Pay}=\dfrac{ \text{Total Earnings} - \text{Total Tip}}{\text{Hours of Work}} \\\\\\\text{Hourly Rate of Pay}=\dfrac{(\$400-\$253)}{28}\\\\\\\text{Hourly Rate of Pay}=\$5.25.[/tex]
Therefore, option A is correct.
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Which communication theory is most relevant to a speaker developing a persuasive speech?
Answer:
Ethos is the most important appeal in a persuasive speech. Factors such as body language, the willingness of the audience, and the environment in which the speech is given, all affect the success of a persuasive speech.
A company's beginning Equipment account is $100,000. It purchased $10,000 of new equipment and sold $4,000 of its equipment during the period. The company's ending Equipment balance equals a _____ balance.
The company's ending Equipment balance equals a $106,000 balance.
Ending Equipment balanceUsing this formula
Ending Equipment balance= Beginning Equipment balance+New equipment- Ending Equipment balance
Where:
Beginning Equipment balance=$100,000
New equipment=$10,000
Ending Equipment balance=$4,000
Let plug in the formula
Ending Equipment balance=$100,000+$10,000-$4,000
Ending Equipment balance=$106,000
Inconclusion the company's ending Equipment balance equals a $106,000 balance.
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If the policies supporting the sugar industry in the united states were discontinued, u. S. Producers would:.
Answer:
have to become more efficient.
In a certain jurisdiction caroline, who is earning $42,200, currently pays a flat percentage of 25% income tax. The tax authorities suggest a change to a progressive income tac system as follows: 1. Charging 15% on a person's income up to $20,000. 2. Changing 30% on any income above that. How much less will caroline be paying in income tax under the proposed changes? round your answer to the nearest dollar.
The amount of tax paid less by Caroline as per the new taxation policies will be $950 over her annual salary of $42,200 after the taxes are applied assuming deductions being made.
The calculation of tax saved by Caroline will be done on the basis of comparing the taxation rates of both the policies after taking the changes into account.
Calculation of tax savingsThe formula for calculation of tax will be done as follows when the taxes are charged on flat basis under the old policy,
[tex]\rm Income\ Tax= Salary\ x\ Rate\ of\ Taxation\\\\\rm Income\ Tax= 42200\ x\ {\dfrac{25}{100}\\\\\\\\\\\\\\rm Income\ Tax= \$10550[/tex]
The taxation for the first $20000 as per the new policy will be
[tex]\rm Income\ Tax\ Threshold= 20000\ x\ \dfrac{15}{100}\\\\\rm Income\ Tax= \$3000[/tex]
Calculating further taxation,
[tex]\rm Income\ Tax= 22200\ x\ \dfrac{30}{100}\\\\\rm Income\ Tax= \$6600[/tex]
So, total taxation as per the new policy will be $9600. Now comparing the taxation of old scheme with new scheme, we get,
[tex]\rm Income\ Tax\ Savings= Old\ Taxation - New\ Taxation\\\\\rm Income\ Tax\ Savings=10550-9600\\\\\rm Income\ Tax\ Savings=950[/tex]
So, the total taxes saved are $950 when the taxation rate changes.
Hence, the correct statement is that tax savings of $950 is possible when the authorities change the taxation rates to such slab rates by Caroline.
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You are part of a sales group that has been asked to give a presentation
Before you begin, what should you and your group do?
O A. Buy the best software on the market.
B. Ask if you have to give a slide presentation.
O C. Figure out who is the best public speaker.
O D. Look into file-sharing options so that everyone can work on the
same file at the same time.
Answer:
D. Look into file-sharing options so that everyone can work on the same file at the same time.
What is the final step for creating a chart in PowerPoint?
Answer:
step 1: click instead> Chart
step 2: click th3 chart type and then double click th3 chart you want.
step 3: in th3 worksheet that appears, replace the placeholder data with your own information.
step 4: when you insert a chart, small buttons appear next to the upper right corner.
step 5: when finished, close th3 worksheet
The evidence-based management approach is based on.
There are a lot of studies. The evidence-based management approach is based on a composition or combination of critical thinking and the best evidence that is known to be available.
Evidence-based management is known to be deeply rooted in evidence-based facts.What is the evidence-based management approach?This is often regarded as the beginning point for evidence-based management.
Here, management decisions should be based on a composition of critical thinking and the best evidence that is present. And by the word 'evidence', we imply all information, facts, etc.
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A company purchased land in exchange for a $25,000, 10-year note payable. The increase in the Notes Payable account would be recorded with a ______.
The increase in the Notes Payable account would be recorded with a credit.
Notes payable account:Assuming the company purchased land in exchange for a $25,000, 10-year note payable the increase in the Notes Payable account would be recorded with a credit.
The appropriate journal entry to record this transaction will be:
Journal entry
Debit Land $25,000
Credit Notes Payable $25,000
(To record note payable)
Inconclusion the increase in the Notes Payable account would be recorded with a credit.
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Shell oil company’s motto "people, planet and profit" is a real-world implementation of what oscm concept?.
Answer:
Triple Bottom Line
Explanation:
The triple bottom line is a sustainability framework that measures a business's success in three key areas: profit, people, and the planet.
Suppose that a store sells candy bars for $0.89 for one and $1.50 for two. The marginal cost of the second candy bar is:
The marginal cost of the second candy bar is:$0.61.
Marginal costUsing this formula
Marginal cost=Selling price for two-Selling price for one
Where:
Selling price for one=$0.89
Selling price for two=$1.50
Let plug in the formula
Marginal cost=$1.50-$0.89
Marginal cost=$0.61
Inconclusion the marginal cost of the second candy bar is:$0.61.
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