An e-commerce manufacturer wants to invest $85000 in making the factory mold for a new product. Each unit will cost $2.10 to make, plus an additional $0.15 in packaging. This good will sell for $30 each but the manufacturer will incur the $5/unit shipping cost.
1. What is the fixed cost?
2. What is the variable cost?
3. What is the contribution margin?
4. What is the break-even point?
5. How many units must be sold to earn $75000 in profit?
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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When companies incur selling and administrative costs, those costs ________.
Answer:
increase
Explanation:
Your company is setting itself up to distribute software made by another company. What type of document should your company procure from the developing company
The master license agreement is type of document that the company should procure from the developing company.
What is a master license agreement?A master license agreement is an agreement between a property owner and other party which grants a permission to them for use of such property.
In conclusion, the master license agreement is type of document that the company should procure from the developing company.
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If Daniel's cupcake shop had a
total cost of $12,000 and sold
2,000 cupcakes, what was his
average cost per cupcake?
Answer:
the answer is 6
Explanation:
12000/2000
A good internal control to protect cash is to make cash payments using:.
Because a brand name is already well established, a firm can spend ______ resources to develop consumer brand awareness when introducing a brand extension.
Answer:
Investment
Explanation:
Gargantua Equipment Corporation registers its trademark as provided by federal law. This registration gives notice that the mark belongs exclusively to Gargantua. This notice is
The company registers its trademark as provided by federal law, thus the notice is national.
What is trademark?A trademark simply means a type of intellectual property that consists of a recognizable sign, or design that identifies products from a particular source.
Since Gargantua Equipment Corporation registers its trademark as provided by federal law and this registration gives notice that the mark belongs exclusively to Gargantua. This notice is national.
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If you produce goods manufactured from sheet metal, what subcontractor supplies your raw materials?
-a primary metal manufacturing subcontractor
-a car manufacturer
-a tool-and-die subcontractor
-a mining company
Answer:
I think it is a tool-and-die subcontractor
Explanation:
A tool and die maker is someone who sets up and operates a variety of computer-controlled or mechanically-controlled machine tools to produce precision metal parts, instruments, and tools. I think that fits the bill for sheet metal. Mining company supplies ores. Car manufacturer is a throw away. Primary focuses on smelting an refining the ores they got from the mining company
Answer: C
Scenario B. Eco Lawn Care Corp., a company that manufacturers environmentally friendly lawn care products, has been operating as a business for a year. The CEO, Markus, started his venture by deciding on the activities that would be involved and what his goals and objectives for the business were. He then started to recruit professional chemists and other personnel and grouped them according to their responsibilities. Every month Markus conducts a meeting where he brings attention to those who are doing good work and motivates everyone to achieve organizational goals. He also checks the daily productivity of each of the workers, monitoring them and providing training to those with low productivity. Markus monitors his employees and provides training to those who are performing poorly. In this case, which of the following functions of management is Markus performing?
a. planning.
b. organizing.
c. leading.
d. controlling.
e. decision making.
The management function that Markus perform is planning.
What is planning?Planning in management refers to steps to be taken in order to achieve an organization set goals and objectives. It means changes and challenges to anticipate, and how to utilise the available human and material resources to reach the expected outcome.
With regards to the above, Marcus is putting in place resources to achieve the organization's goals by taken steps like inspection, training and employee motivation.
Hence , the management function that Markus perform is planning.
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If you were a self-employed freelance writer, what type of retirement account
might you set up?
A. An individual retirement account
B. A 401(k) plan
C. A pension plan
D. A 403(b) plan
SUBMIT
Answer:An individual retirement account
Explanation:
Answer:
A. is your answer
Explanation:
How did the oil and gas industry improve louisiana’s economy?.
Answer:
While the oil and natural gas industry generates more than 260,000 jobs in Louisiana, it is also building communities, neighborhoods and local economies for the workers and their families. In fact, for every job created in the energy sector, 3.4 additional jobs in other sectors are created.
Edna is the payee of a bearer instrument-a promissory note in the amount of $10,000. Flem offers to irrigate Edna's ranch next week in exchange for the note. She agrees and delivers the note to Flem. Flem is
A. not an HDC, because he did not yet give value for the instrument.
B. an HDC, because he promised to perform services at a future date.
C. not an HDC, because he did not acquire the instrument in good faith.
D. an HDC, because the transferor was the original payee on the note.
Based on the agreement between Edna and Flem for the latter to irrigate the ranch of the former, Flem is A. not an HDC, because he did not yet give value for the instrument.
Why is Flem not an HDC?Flem cannot be considered a Holder in Due Course because Flem has not yet irrigated the ranch.
This means that they have not yet fulfilled their side of the bargain and so cannot fully lay claim to the promissory note, and receive the debt payments therein.
In conclusion, option A is correct.
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According to Thorstein Veblen, a business or company going bankrupt is the analogous process to the idea of ______ in the natural (biological) world
A business or company that is going bankrupt is due to the concept of conspicuous consumption.
What is bankruptcy?Bankruptcy simply means a legal proceeding when a person is unable to pay the outstanding debts.
According to Thorstein Veblen, a business or company going bankrupt is the analogous process to the idea of conspicuous consumption in the natural world.
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Kieran likes to see all the facts before making a decision. He does not appreciate it when his team members try to push or persuade him into making a decision. He'd rather see as much information as possible and then form his own conclusions. What type of leadership style most represents Kieran?
Through his attitudes of forming his own conclusions without being pressured by his team members, it is correct to say that the leadership style that most represents Kieran is the controlling style.
Characteristics of a controlling leaderIt is usually a leader who has experience in the decision-making process in his area of expertise and uses a top-down approach, where decisions are more controlled and hierarchical.
Therefore, a controlling leader tends to be more autocratic and bureaucratic regarding control and decisions.
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In the context of problem solving, _________ involves handling one element of the problem at a time.
It should be noted that in the domain of problem solving, Serial memory processing involves handling one element of the problem at a time.
What is Serial memory processing?
Serial memory processing can be regarded as tge process of attending to and processing one item at a time.
This is different from parallel memory processing, because it focus on an item per time.
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A bank account object can have a specific attribute called a(n) _____ that can be active, inactive, closed, or frozen.
Every account assumes certain condition or attribute which it could be described. A bank account has the attribute of state which can be used to describe it.
Account StateThe state of an account can be active, inactive, closed or frozen depending on the level and kind of activities associated with the account. An active account is operational, inactive account is not functional. A closed account means thay an account has been stopped. A frozen account is seized by the authorities such as the bank or government.
Therefore, the correct answer is state.
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Patrick Smith has $5,000 to invest in a small business venture. His partner has promised to pay him back $8,200 in five years. What is the return that this investment earns
The return on investment that Patrick Smith earns is 10.4%.
What is the rate of return?In order to determine the return on investments, the internal rate of return has to be determined. Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested
IRR can be calculated with a financial calculator
IRR = 10.4%
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Avery works for Proctor and Gamble as a market researcher in the United States. P&G is interested in launching a new line of shampoo in India and has asked her to look into doing research to support this decision. Since Avery is not familiar with the language or the culture, what should she do?
Because Avery does not understand the language or culture of India, to enable her research on the shampoo launch she should hire a local research firm.
Why is this the best way to go?A local research firm would know the language and culture of India and so would be able to find better insight than Avery could.
All Avery has to do is to pay the local firm and they will do the work and document their findings in English or any other language that Avery would prefer.
In conclusion, Avery should hire a local firm.
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On April 1, a company paid the $2,700 premium on a three-year insurance policy with benefits beginning on that date. What amount of insurance expense will be reported on the annual income statement for the first year ended December 31? $2,025.00. $75.00. $2,700.00. $900.00. $675.00.
The amount of insurance expense will be reported on the annual income statement for the first year ended December 31 is $675.00.
Insurance expense
Using this formula
Insurance expense=Insurance premium×Number of months/ Three years
Where:
Insurance premium=$2,700
Number of months= April to December=9 months
Three years=36 months
Let plug in the formula
Insurance expense=$2,700×9/36
Insurance expense=$675
Inconclusion The amount of insurance expense will be reported on the annual income statement for the first year ended December 31 is $675.00.
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Enumerate atleast 5 Food Processing tools and their uses
Precision controls.
Pressure gauges.
Scales and weighing systems.
Thermometers.
Timers.
Explanation:
What are examples of Information Technology careers? Select five options. Web Developer Video Game Designer Computer Programmer Security Guard Information Security Analyst Purchasing Manager Computer User Support Specialist Product Safety Engineer.
The examples of Information Technology careers are:
Web DeveloperVideo Game Designer Computer ProgrammerInformation Security AnalystComputer User Support SpecialistWhat is Information Technology?Information Technology or IT is the study of computer applications that store, retrieve, transmit, or manipulate data. Simply it refers to the use of computers to store, process, or exchange data.
IT career is the job under which an individual helps the organization or other individuals to manage their digital infrastructure, data processes, or troubleshoot technical issues.
The IT careers involve a career in web development, video game designing, computer programming, and so on.
Therefore the correct options are a, b, c, e, and g.
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Answer:
A B C E G
Explanation:
On edg 22
What type of popular loan is available for entrepreneurs through non-profits, foundations, and community organizations
SBA microlenders is a popular loan is available for entrepreneurs through non-profits, foundations etc.
What is a Loan?This is referred to as money or material goods given to another party in exchange for future repayment. The repayment is usually paid with some amount of interest.
Small Business Administration microlenders is a popular loan which is given to entrepreneurs through non-profits, foundations, and community organizations.
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Which of the following is NOT a way to sustain product sales?
A. Selling or licensing a product
B. Selling products in regions areas where the customer base is weak.
C. Discounting the product
D. Modernizing or altering the product
Answer:
The marketing process consists of four elements: strategic marketing analysis, marketing-mix planning, marketing implementation, and marketing control.
Explanation:
Brainly please.?
It should be noted that Selling products in regions areas where the customer base is weak is not a way to sustain product sales.
What is Product sales?Product sales serves as the process of selling a product or service so that the seller can get a return.
Therefore, it is important to sell where there is potential customer and a strong base of customers for more gains.
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If 2010 is the base year, then the inflation rate in 2015 equals a. [(CPI in 2015 - CPI in 2014) / CPI in 2010] x 100 b. [(CPI in 2015 - CPI in 2010) / CPI in 2010] x 100 c. [(CPI in 2015 - CPI in 2014) / CPI in 2014] x 100 d. [(CPI in 2015 - CPI in 2010) / CPI in 2014] x 100
If 2015 is the base year, the inflation rate is [(CPI in 2015 - CPI in 2010) / CPI in 2010] x 100 .
What is the consumer price index?The consumer price index is a measure of inflation. Inflation is the rise in general price levels in an economy.
CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100
Inflation rate = (CPI in current year - CPI in base year) / CPI in base year x 100
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There were 80 people in the houses I visited. 16 of them were children under the age of 16, 25 people had full-time jobs, and 8 had part-time jobs. There were 10 retirees, 5 full-time homemakers, 7 full-time students over age 16, and 3 people who were disabled and cannot work. The remaining people did not have jobs, but all said they would like one. 3 of these people had not looked actively for work for three months, however.
Find the labor force, the unemployment rate, and the participation rate implied by the survey taker's report.
The labor force that can be depicted from the information about the people will be 36.
How to calculate the labor forceThe labor force will be:
= 25 + 8 + 3
= 36
The unemployment rate will be:
= Unemployed/Labor force × 100
= 3/36 × 100
= 8.33%
The participation rate will be:
= Labor force/Adult population × 100
= 36/(80 - 16) × 100
= 56.25%
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In a barter economy, prices are stated in terms of relative prices. How many prices would a trader of a particular good need to know in a barter economy with 20 goods
The number of prices the trader will need to know is 190 barter prices.
Mathematically, it will be:
(20 x 19)/ 2 = 190 barter prices.Let's understand what barter economy is all about.
Barter economyA barter economy refers to the economy where transactions for goods and services are exchanged for goods and services. In other words, goods and services are used to pay in order to get another goods and services.
In the barter economy, money isn't needed and not used as a medium of exchange.
Barter-based economies are known to be one of the earliest. This type of economy actually predates monetary systems.
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The definition of ______ ______ states: the process of determining the major goals of the organization and the policies and strategies for obtaining and using resources to achieve those goals.
Strategic Planning refers to the process of setting the key goals of the organization as well as it's policies and strategies that will be used for getting and utilizing resources for attaining the set goals.
What makes a good Strategic Plan?A great strategic plan must comprise of Operational plans that have three levels of functions:
TacticsStrategies and objectives.See the link below for more about Strategic Planning:
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a.Which point on the graph shows that if the country produces 8 million alarm
clocks, it can only produce 16 million DVD movies?
b.Which point on the graph shows that if the country produces 6 million DVD
movies, it can produce 20 million alarm clocks?
c. If the country produces 25 million alarm clocks, how many DVD movies can it
produce?
d. If the country produces 20 million DVD movies, how many alarm clocks can it
produce?
e. How many alarm clocks can the country produce if it produces 11 million DVD
movies?
f. What does Point G represent on the graph?
g. What does Point F show on the graph?
a. The point on the graph shows that if the country produces 8 million alarm clocks, it can only produce 16 million DVD movies is point B.
b. The point on the graph that shows if the country produces 6 million DVD
movies, it can produce 20 million alarm clocks is point D.
c. If the country produces 25 million alarm clocks, the number of DVD movies it can produce is 0.
d. If the country produces 20 million DVD movies, the number of alarm clocks it can produce is 0.
e. The number of alarm clocks it can produce is 15 million.
f. Point G on the graph represents inefficient production.
g. Point F on the graph show unattainable production levels.
What is the production possibility curve?
The production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised. The PPC is concave to the origin.
Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources Points inside the production possibilities curve means that the nation's resources are not being fully utilised.
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You receive the following order: Progesterone 5% cream Apply as directed 4 oz Your pharmacy stocks progesterone cream 10%. How much cream base is needed to fill the order
The cream base is needed to fill the order is mathematically given as
X=60g
Cream base for the order
Question Parameters:
Progesterone 5% cream Apply as directed 4 oz (120g)
Your pharmacy stocks progesterone cream 10%.
Generally the equation for the required cream is mathematically given as
[tex]X=\frac{weight*Progesterone percentage }{progesterone cream percentage}[/tex]
Therefore
[tex]X=\frac{120*5}{10}[/tex]
X=60g
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Mike's Café in June has revenue receipts of $75,000.00. His cost of goods
sold was $ 22,753. What is his food cost percentage for the month
Answer: 30.3%
This is a simple division problem
First let's take our given value of $75,000
and our other value of $22,753
Now we must divide the $22,753 by $75000
22,753/75,000
=0.30337
Convert the decimal into a percentage
30.3%