It costs a petroleum refinery $0. 39 to refine one gallon of gasoline, and $0. 39 to refine one gallon of natural gas. The refinery can sell gasoline for $2. 11 per gallon, and can sell natural gas for $1. 60 per gallon. Due to the refining process, the refinery must produce and sell twice as much natural gas as it does gasoline. If the refinery’s monthly overhead costs, not including production costs, are $180,000, how many gallons of natural gas will the refinery have sold when it breaks even each month? Round to the nearest whole gallon, if necessary. A. 86,957 b. 141,732 c. 148,760 d. 217,392.

Answers

Answer 1

The gallons of natural gas that the petroleum refinery must sell to break even each month is A. 86,957.

Data and Calculations:

Variable cost of refining gasoline per gallon = $0.39

Selling price of gasoline per gallon = $2.11

Contribution margin per gallon of gasoline = $1.72 ($2.11 - $0.39)

Variable cost of refining natural gas per gallon = $0.39

Selling price of natural gas per gallon = $1.60

Contribution margin per gallon of natural gas = $1.21 ($1.60 - $0.39)

Contribution margin per two gallons of natural gas = $2.42 since twice of natural gas must be produced.

Fixed costs = $180,000

Break-even point in units for gasoline = Fixed costs/Contribution margin per unit

= 43,478.26 ($180,000/$4.14)

Break-even point in units for natural gas = 86,957 (43,478.26 x 2) gallons.

At the break-even point, the Petroleum Refinery will not make any profit or loss for both gasoline and natural gas.

Thus, the gallons of natural gas that the petroleum refinery must sell to break even each month is A. 86,957.

Learn more: https://brainly.com/question/9212451


Related Questions

Properties Inc. and Land Corp. sign a contract agreeing to pay commission to Properties Inc. for the sale of a property. If the contract has all the requirements necessary for one of the parties to enforce it in court, then it is:

Answers

Answer:

Properties Inc. and Land Corp. sign a contract agreeing to pay commission to Properties Inc. for the sale of a property. If the contract has all the requirements necessary for one of the parties to enforce it in court, then it is:

The requirements necessary for one of the parties to enforce it in court, then it is a voidable contract.

What is court?

A court is any person or institution with the jurisdiction to arbitrate legal disputes between parties and administer justice in civil, criminal, and administrative affairs in conformity with the rule of law. A court, often known as a court of law, is a person or group of people with the legal jurisdiction to hear and settle disputes in civil, criminal, ecclesiastical, or military issues.

A formal agreement between two parties that is voidable can become unenforceable for a variety of legal reasons, such as failure to reveal a crucial truth by one or both parties. a blunder, false statement, or fraud. excessive pressure or coercion.court

Although voidable contracts are not truly legitimate and enforceable, a party who has suffered a loss as a result of the contract's circumstances (for instance, if they were forced to sign it) may choose to "void" the contract and make it legally unenforceable.

Therefore, Thus option (A) is correct.

Learn more about the court here:

https://brainly.com/question/13375489

#SPJ2

2. Read the following data from Maria's personal monthly bank statement and answer the questions that follow:

Rent: $850

Groceries: $276.89

Public transportation: $45

Utilities: $135.24

Entertainment: $150.26

a. Enter Maria’s data into a spreadsheet program. Be sure to include proper headings.

b. Maria would like an efficient way to analyze how she spent her money this month. Using the spreadsheet program, create a bar graph representation of her monthly expenses. Briefly describe how you create the bar graph.

c. Based in the bar graph representation, what is one thing you would recommend to Maria in the future?

Answers

Answer:

I would recommend C for answer

A __________ is an effort or strategy to achieve a goal or a solution to a problem that is not readily apparent. A. Concept B. Schema C. Subgoal D. Prototype.

Answers

Answer: A. Concept

Explanation: The correct option is A ( Concept ) as

* Option B has Schema which means it’s just a representation of a plan in a model form.

* Option C is not correct because Subgoal means a goal or target which needs to be achieved to complete a larger goal or target.

* Option D is also not correct because Prototype means something of the first or initial type which can develop into other forms or types in future.

So the correct option for the answer is “ A”

A concept serves as an effort or strategy to achieve a goal or a solution to a problem that is not readily apparent.

What is a concept?

Concepts can be regarded as abstract ideas. they do serves as the fundamental building blocks in which principle lies on.

It should be noted that it play important role in all aspects of cognition.

Therefore, concept is needed for thoughts and beliefs

Learn more at:

https://brainly.com/question/13162939

4. The three general categories of responsibilities of the financial manager are (1 point)
O cash-flow management, financial control, and financial planning.
O financial planning, accounting, and government tax reporting.
O government tax reporting, cash-flow management, and financial control.
O accounting, cash-flow management, and government tax reporting.

Answers

Answer:

A

Explanation:

A: Cash-flow management, financial control, and financial planning. Hopefully this helped

The three general categories of responsibilities of the financial manager are cash-flow management, financial control, and financial planning. Therefore option A is correct.

What is cash-flow management?

The act of tracking, evaluating, and maximizing the difference between cash receipts and cash outlays can be summed up as cash flow management for businesses. For any organization, net cash flow is a crucial indicator of financial health.

Poor cash flow management is one of the main causes of business failure. You have a cash flow issue if your business consistently spends more money than it brings in.

Developers frequently have cash flow issues in the extremely cyclical real estate development industry. Both the initial capital expenditure and continuous operational cash outflows for property development are sizable.

Therefore option A is correct.

To learn more about cash-flow management follow the link.

https://brainly.com/question/23287067

#SPJ6

where in the universe did the big bang take place?

Answers

There's no exact spot that the Big Bang happened. In fact, the Big Bang happened everywhere in the Universe. The problem generally comes from the term "Big Bang". It brings to mind explosions, detonations, balloons being popped, and everything being blown out to chickenbasket hades.

Answer:

The dig dang happened everywhere in the universe

Explanation:

The distribution of income within the borders of a hypothetical country has begun troubling members of Congress. Specifically, the members of Congress are concerned that a very small minority commands a large portion of the country's total GDP. Which of the following methods might the government use to redistribute income from the high-income earners to lower-income earners?(1 point)
a.)social security payments
b.) food stamps
c.) progressive tax
d.) government- provided housing

Answers

Answer:

Progressive Tax

Explanation:

Progressive taxes is when high-income individuals or businesses pay a more significant tax percentage of their earning compared to low-income individuals or businesses  

Progressive tax is the  methods might the government use to redistribute income from the high-income earners to lower-income earners. Hence, option C is correct.

What is Progressive tax?

A tax that levies a higher percentage of revenue from high-income groups than from low-income groups is referred to as a progressive tax. A proportionate tax is one that deducts the same amount from each income group. Regressive taxes are those that take a greater portion of low-income groups' income than they do from high-income groups.

Yet, there is still some uncertainty since, despite the fact that the GST is, in theory, a regressive tax, legislative actions have given it some characteristics of a progressive tax.

Because they take a bigger percentage of money from low-income groups than from high-income groups, user fees are sometimes regarded as regressive. Tolls for highways, bridges, and tunnels are among them, as are costs for permits, parking, museum and park entry, and other expenses.

Thus, option C is correct.

For more information about Progressive tax, click here

https://brainly.com/question/30109513

#SPJ3

An estate left the decedent's farm to eight grandchildren. Because no form of ownership was specified in the decedent's will, each of the grandchildren receives A) a right of possession to one-eighth of the property. B) a one-eighth interest in the property as a tenant in common. C) a severalty interest in one-eighth of the property. D) a joint interest in the entire property.

Answers

A right of possession to one-eighth of the property is what each of the eight

grandchildren will receive.

In cases where there is no will which specifies ownership then the estate will

have to be shared equally between the parties involved. They can however

do what they want with the share allocated to them.

In cases where there is no will and no relative, then it goes to the state. This

case involves eight grandchildren and it gives them the right to own one-

eighth of the property as a result of equal sharing.

Read more about Will on https://brainly.com/question/3882532

Indicate whether each of the following is used in the calculation of the official poverty measure, the Supplemental Poverty Measure, or both. (2 points)
Official Poverty Measure
Supplemental Poverty Measure
Both
food costs
O
O
housing costs
o
O
o
utilities costs
o
O
о о
clothing costs
O
O

Answers

The Official Poverty Measure is used to estimate numbers of people unable to afford basic needs with little or no government assistance

The Supplemental Poverty Measure is used to measure the economic deprivation, that is, people having insufficient financial resources to achieve a specified standard of living.

The official poverty measure is based on cash resources while the Supplemental Poverty Measure is based on both cash and noncash benefits and subtracts necessary expenses.

The cost including food costs, housing costs, utilities costs and clothing costs are elements used in calculation of the Official poverty measure and Supplemental Poverty Measure.

Read more about Poverty measures:

brainly.com/question/3360099

Answer:

Clothing Costs: Supplemental Poverty Measure
Food costs: Both
Housing costs: Supplemental Poverty Measure
Ultilities cost: Supplemental Poverty Measure

Explanation:
I litterally made a brainly account just to give this answer you best believe its right

What is a consumer product?

Answers

Answer:

sorry po talaga need po points

Answer:

Explanation:

Consumer goods are products bought for consumption by the average consumer. ... Clothing, food, and jewelry are all examples of consumer goods.

What is the GDP?
A.
The value of the products and services produced in a country
B.
The natural environment of a country
C.
The geographical location of a business
D.
The capitalist system used in the U.S.


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

the market value of all the final goods and services produced in a specific time period

Explanation:Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period

The United Kingdom currently has a trade deficit with New Zealand. If the U.K. pound sterling appreciates relative to the New Zealand dollar, which of the following correctly explains the effect on the trade deficit?

The trade deficit will increase, since an appreciating pound means fewer goods will be imported from New Zealand.

The trade deficit will decrease, since an appreciating pound means fewer goods will be imported from New Zealand.


The trade deficit will decrease, since an appreciating pound means more goods will be imported from New Zealand.


The trade deficit will increase, since an appreciating pound means more goods will be imported from New Zealand.

Answers

The correct answer to the given question is that the trade deficit would increase since with the appreciating pound means more goods will be imported from New Zealand.

Based on the given question, we are asked to show the effects of the trade deficit between New Zealand and UK based on the appreciation of the pound sterling relative to the New Zealand dollar.

With this in mind, we are aware that when there is a strong domestic currency, then it would encourage more imports and hamper exports, therefore, the trade deficit will increase, since an appreciating pound means more goods will be imported from New Zealand.

Therefore, the correct answer is option D

Read more about trade deficit here:

https://brainly.com/question/24473707

Answer:

Economics Semester Exam

THIS IS FOR CONNECTIONS ACADEMY!!!!

QUESTIONS MAY BE SWITCHED!!!

i got a 22/31 but these are 100% correct

1. water

2. the choice between the net profit of the new production schedule and the net profit of the old production schedule

3. The opportunity cost is the consumer's benefit from purchasing the computer.

4. traditional economy- culture

command economy- central

mixed economy- elements

market economy- price signals

5. Public goods are goods and services that are non-excludable and non-rivalrous; therefore, it is not profitable or in the best interest of private businesses to provide these goods.

6. revenue

7. a percent decrease in quantity demanded greater than 100%

8. The demand curve for cell phones would shift to the right, and the demand curve for instant noodles would shift to the left.

9. The firm should choose to produce 1,200 units of output.

10. Shares of public corporations are traded on stock exchanges.

11. Consumer cooperatives pool their resources together to purchase goods in bulk. By purchasing goods in bulk, the cost of acquiring these goods is reduced for members compared to the normal cost that an individual would face when purchasing the product.

12. Money maintains purchasing power over time.

13. -The purchasing power currencies issued by state banks varied wildly from state to state.

-Monetary reserves decreased.

14. $75

15. interest

16. disability insurance

17. 255 million dollars

18. inflation or deflation

19. Unemployment as a result of people moving from one job to another.

20. Improvements to human capital leads to improvements in productivity and improvements in standard of living.

21. It would be a bad thing. Local governments typically get around one third of their total revenue from state and federal governments.

22. Medicaid is funded by state and federal governments and provides health coverage based on financial need. Medicare is a federal government health-care insurance program for people 65 years or older and those with certain disabilities under age 65.

23. The special interest group could donate money to the leader's re-election campaign, or it could talk favorably about the leader to the public.

24. No, because individual income taxes contributed about $1.718 trillion in Fiscal Year 2019 while Social Security and Medicare taxes only contributed $1.242 trillion.

25. The discount rate is the interest rate at which the Federal Reserve charges to financial institutions on loans issued at the discount window.

26. Enact contractionary monetary policies to decrease the money supply.

27. Country A has the absolute advantage and the comparative advantage in watch production.

28. Israeli consumers will purchase fewer automobiles, and Israeli producers will manufacture more automobiles.

29. Agricultural trade was improved across all member nations.

30. The trade deficit will increase, since an appreciating pound means more goods will be imported from New Zealand

Explanation:

7. A decrease in supply will result in which of the following?
A. Demand changes.
B. Supply changes.
C. Both demand and supply change.
D. Either demand or supply change (or both).

Answers

Explanation:

C. Both demand and supply change

Answer:

It can be both of the demand and supply change.

Ron offers to pay Sara to pick up and deliver certain business documents if she is able to do it within thirty minutes of his phone call. Sara can accept the offer only by completing the task within the specified deadline. This is an example of

Answers

Answer:

This is an example of a unilateral contract.

anyone can help just pick

Answers

Answer:

It’s number 1

Explanation:

It’s easy

Find the tax percentages for each type of tax on your pay stub and insert them here. Then, press the calculate button when you’re ready. FEDERAL % of $1,560.00 FICA MEDICARE % of $1,560.00 FICA SOCIAL SECURITY % of $1,560.00 STATE % of $1,560.00

Answers

Answer:

including with gst ????

Which factor could affect the relative value units of a procedure?

Answers

It should be noted that the factors that could affect the relative value units include the physicians work and practice expenses.

It should be noted that the relative value units of a procedure don't define the physician's compensation amounts directly.

The relative value units of a procedure define the value of a service. It includes physicians work, practice expenses, liability insurance expenses, etc.

Learn more about physicians on:

https://brainly.com/question/9536895

Which of the following is a good example of inflation? OA. You get a flat tire on your car. OB. You work three jobs in order to pay your bills It cost you $50 to gas up your car this month. But last month it cost you OC. $85 It cost you $85 to gas up your car this month. But last month it only cost OD you S50​

Answers

Answer: C.) It cost you $85 to gas up your car this month but last month it only cost you $50

Explanation:

In a margin account, your customer's long market value is $22,000. The debit balance is $8,000. If the customer enters an order to purchase $12,000 of stock, the margin call will be

Answers

Answer:

exercised

Explanation:

What is the chief benefit to using a
Capitalistic economic system where
the government does not interfere
with the operation of the free market
(Supply & Demand)?
A. Society always maximizes its economic surplus and
opportunity.
B. A small percentage of the population takes control
of a large percentage of the available resources.
C. The most educated in society make the most
influential decisions.

Answers

Answer: A

Explanation: I had it

Employers will be evaluating your attitude and communication skills during an interview. Please select the best answer from the choices provided T F.

Answers

It is true that the employers will be evaluating the attitude and communication skills of the job applicant during an interview

Basically, an interview is conducted by the recruiting firm to assess the various skills, behavior of the job applicant.

The communication skills, qualifications, attitude, tone, cultures, norms are all assessed, even though the applicant might be unaware of them.

In conclusion, it is true that the employers will be evaluating the attitude and communication skills of the job applicant during an interview.

Learn more about Job interview:

brainly.com/question/14082634

Answer:

True

Explanation:

Employers will be evaluating your attitude and communication skills during n interview.

Edg 2022

Working capital can be defined as

A. Current assets less current liabilities

B.Capital introduced by the proprietor

C.The capital put to use by the business

D.Capital created by work done

Answers

Answer:

A. current assets less current liabilities

I think this is answer

Explanation:

hope it help you

________ costs refer to the sum of the fixed and variable costs for any given level of production. Target Break-even Total Value-based Marginal

Answers

Based on microeconomic theory, Total costs refer to the sum of the fixed and variable costs for any given level of production.

What makes Total Cost?

Generally, the total cost is the sum of all the price of the material utilized, the wages or salary paid in the production, and the direct expenditure.

Components of Total Cost

The components of Total Cost include the following:

Prime costFactory costOffice cost Cost of sales, etc.

Hence, in this case, it is concluded that the correct answer is "Total Cost."

Learn more about Total Cost here: https://brainly.com/question/25109150

Primary demand is a desire for the ________ rather than for a ________; it is often the focus of marketing when there are few competitors with the same product. brand name; product category problem solution; product category product class; specific brand product concept; tangible product novelty; problem solution

Answers

Considering the market analysis, the Primary demand is a desire for the product class rather than for a specific brand; it is often the focus of marketing when there are few competitors with the same product.

What is Product Class?

Product class is a term used to describe products or commodities that are homogeneous or deemed as substitutes for each other.

On the other hand, a Specific brand is a product with unique features that makes it different and known compared to other products.

Hence, in this case, it is concluded that the correct answer is option C. "product class; specific brand."

Learn more about the Product class here: https://brainly.com/question/24445329

The President of PDQ Corporation buys PDQ shares in the open market. After holding them for 3 months fully paid, the President wishes to sell the shares. The shares can be sold:

Answers

There are different ways to share shares. The shares can be sold immediately.

In a sale of shares, a company's shareholders often sell the shares that is entitling ownership of the company to a specific buyer. In the transaction, all the rights and responsibilities that pertains to the ownership of shares are transferred to the buyer.

Note that as long as the 6-month holding period needed has fulfilled on the restricted shares, and therefore, when they are donated, the charity can sell the shares immediately. There is therefore no need for another 6-month holding period be taken again.

See full question below

The President of PDQ Corporation buys PDQ shares in the open market. After holding them for 3 months fully paid, the President wishes to sell the shares. The shares can be sold:

A. immediately

B. after holding the securities for an additional 3 months

C. after holding the securities for an additional 6 months

D. after holding the securities for an additional 1 year

Learn more about Shares from

https://brainly.com/question/25818989

Some states and localities are drafting legislation to reduce the number of payday loans that a lender can provide within a year (for example, limiting them to no more than 6 loans in a year to an individual). Analyzing the data above, why might lenders be so opposed to such limits?

Answers

sixteen states and the district of columbia prohibit extremely high cost payday lending. states protect their citizens from usurious payday lending by prohibiting the product or by setting rate caps or usury limits. georgia prohibits payday loans under racketeering laws.

When a borrower takes out a payday loan, the term "payday" refers to the scenario in which they send a postdated cheque to the lender for their payday wage and the lender gives them some of that payday sum in cash right away.

What is the importance of loaning?

Loans are given out for a variety of purposes, such as large purchases, investments, renovations, debt consolidation, and company endeavors. Additionally, loans assist already-established businesses in growing. Through lending to new enterprises, loans promote economic growth by expanding the total amount of money in circulation.

With a payday loan, a lender will grant you high-interest credit based on your income. Payday loans are a sort of short-term borrowing. A percentage of your next paycheck serves as its principal in most cases. Payday loans provide high-interest rates for quick, short-term credit. They may also be referred to as cheque advance loans or cash advance loans.

Learn more about payday loans here:

https://brainly.com/question/3949419

#SPJ2

true or false: Directors bring the unifying concept/vision to the production, guiding the rest of the creative team.

Answers

The correct answer is: True.

Directors bring the unifying concept/vision to the production, guiding the rest of the creative team. The given statement is true.

What is the goal of a creative director?

From conception to completion, overseeing the creative process. Convert marketing goals into distinct creative approaches. collaborate closely with cross-disciplinary project teams, especially those in IT. Lead and oversee the production of all marketing materials by the creative team.

The artistic director plans and directs the execution of a production's artistic vision and focus, and frequently the entire program presented by a theater. This role may be combined with that of the Chief Executive, depending on the size and management style of the theater.

Thus, the mentioned above given statement is true.

Learn more about a creative director here:

https://brainly.com/question/28297676

#SPJ2

The primary role of the human resource department of an organization is to

Answers

Answer:

Human Resources (HR) is concerned with the issues of managing people in the organisation. two men having a meeting The Human Resources department is responsible for many people related issues in an organisation. Under the HR department’s remit are the following roles: The process of recruiting suitable candidates for the organization Identifying and meeting the training needs of existing staff Ensuring employee welfare and employee relations are positive Ensure the working environment is safe for employees Raising awareness of current workplace legislation

what are the 4 hierarchical tiers of information in an ipv4 address?

Answers

The 4 hierarchical tiers of information in an ipv4 address include the following:

NetworkSubnetHost components

Based on the given question, we can see that the ipv4 address has to do with the networking components of a system and how they are used in the rerouting of data across a network.

With this in mind, they have hierarchical tiers of information which includes the network that is used, the subnet masking, and the host components.

Read more about ipv4 address here:

https://brainly.com/question/6275126

What is the annual cost attributed to the treatment of mental illnesses and the relative loss of income in the United States

Answers

There are indirect cost of mental illness in the world today. The annual cost attributed to the treatment of mental illnesses and the relative loss of income in the United States is $467 billion.

Mental illness is simply  known as mental health disorder. This is simply defined as large scope of mental health conditions. This disorders often influence one's mood, thinking and behavior.

The common Examples are depression, anxiety disorders, schizophrenia, eating disorders, etc.

There are over 43.8 million adults that experience mental illness in a given year as stated by research and as such demands a lot of money for treatments.

Learn more about mental illnesses from

https://brainly.com/question/983672

John wants to apply for a loan, with a Present Annuity due value of $3,500,568. 78 from a bank that charges 14. 28 % interest per annum, compounded monthly. If he can only be able to pay back $43,367. 21 per annum at the beginning of each year, When will John fully pay all of his debt to the bank?.

Answers

Based on the present value of the loan and the relevant interest rate, the time it would take to pay off the debt is 21 years.

First convert the interest rate to a monthly rate:

= 14.28% / 12

= 1.19%

To find the number of months it would take, use the NPER function in Excel as shown in the attachment.

The Number of periods is therefore 252 months.

In years this is:

= 252 / 12

= 21 years

In conclusion, it would take 21 years to pay off.

Find out more on this at https://brainly.com/question/25792915.

Other Questions
Find the degree of this polynomialz 2 Read this sentence. Because it was true that it was really raining cats and dogs this morning, I decided to ask someone to give me a ride in the car to school.Which of the following is the most concise way to write this sentence without losing important information?Select one:a.Because it was raining, I got a ride.b.Because it was raining so hard this morning, I asked for a ride to school.c.Because it was raining cats and dogs this morning, I asked someone to give me a ride in the car to school.d.Because it was true that it was really raining cats and dogs this morning, I asked for a ride to school. give answer to 1 d.p Read the excerpt below and answer the question.For a long while he used to console himself, when driven from home, by frequenting a kind of perpetual club of the sages, philosophers, and other idle personages of the village; which held its sessions on a bench before a small inn,What is the authors tone toward Rip Van Winkle in the passage?A. solemnB. seriousC. ironicD. wistful Igneous+Rock+Identification+Lab.pdf HAS ANYONE DONE THIS PLEASE in hillary's garden, she has 5 variety of snake plants and 15 variety of orchids. what is the ratio of snake plants to orchids? would procedures in a criminal trial be the same as those in a civil trial. why or why not I need help with this what is the percent increase in 300 and 375 There had been this question on my mind for a while. So much so it has caused me to lose sleep at night and that very question is...Who is joe? As people's level of education (based on highest degree) increases, their support for capital punishment does which of thefollowing?O a. IncreasesO b. Remains the sameO c. Decreases 5. Which is the BEST description of the narrator in the story "Lone Wolf"?a first-person narrator who has the supernatural senses of a werewolfa narrator with a limited point of view who believes that he is really a wolfan omniscient narrator who knows the thoughts and feelings of his teachera second-person narrator who puts the reader into the mind of a wolf Grade 4c left their school at7:30 am for their trip to the market. They return at 10:45 am how much time did they spend on the trip? What is a compound sentence for the word quell? when rounding to estimate this sum, what do you do first?389+190=A. Add the digits in the hundreds placeB. round the addition problems 400+200C. round the addition problems 300+100 What is the arm signal for a left turn??-left arm out the driver's window extending straight out. 141x + 50 + 4x = 340What is x? Find the equation of the line passing through the points (4, 2) and (6,10). y = [ ? ]x + [ ] solve pls brainliest Which model represents a compound with a 1:2 ratio? Please explain your answer.