If a firm produces nothing, which of the following costs will be zero?
a. total cost
b. fixed cost
c. opportunity cost
d. variable cost
D is the answer
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The cost that will be zero if a firm produces nothing is variable cost because it is a cost that changes with level of output.
What is variable cost?Variable cost refers to the cost that vary with the level of output. This means that at every activity leve, the variable cost changes with it.
The above means that a constant amount per unit produced is the variable cost of manufacturing which implies that once the output is zero, the variable cost will be zero as well.
Hence, the cost that will be zero if a firm produces nothing is variable cost.
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Financial Calculations
Let's go through a series of calculations for Frank's cookie business.
First, let's determine how much Gross Profit he makes on each batch of cookies.
One batch is 24 cookies.
Frank starts by selling cookies for $1 each.
It costs Frank $10 in materials to make one batch of cookies (sugar, butter, chocolate chips, packaging, etc.)
What is the gross profit per batch of cookies?
Answer:
$14
Explanation:
24 each batch minus 10 is total profit
state the law of demand and explain its assumptions
Answer:
The law of demand states that quantity purchased varies inversely with price.
Explanation:
The law of demand states that quantity purchased varies inversely with price.
Answer:
Law of demand explains consumer choice behavior when the price changes.
The law of demand is a fundamental principle of economics that states that at a higher price consumers will demand a lower quantity of a good.
It means while studying the relationship between the price of a commodity and demand for it, the effect of other determinants of demand on it is assumed to be constant
Explanation:
Assumptions:
-The income of the consumer or the buyer does not change
- Price of the goods remain constant
-Tastes, preferences and the fashion of the buyers does not change.
The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She has studied three locations. Each would have the same labor and materials costs (food, serving containers, napkins, etc.) of $1.80 per sandwich. Sandwiches sell for $2.50 each in all locations. Rent and equipment costs would be $5,040 per month for location A, $5,560 per month for location B, and $5,730 per month for location C.
Required:
a. Determine the volume necessary at each location to realize a monthly profit of $10,500.
b. If expected sales at A, B, and C are 20,800 per month, 22,000 per month, and 22,800 per month, respectively, calculate the profit of each location.
c. Which location would yield the greatest profits?
Answer:
The selling price per unit (sandwich) is $2.50
The variable cost per unit (sandwich) is $1.80
Contribution margin per unit = Selling price per unit - Variable cost per unit
=$2.50 - $1.80
=$0.70
Target sales volume to achieved at location A
The fixed cost is $5,040 per month
The target profit is $10,500 per month
TargetSales=Fixedcosts+TargetprofitContributionmarginperunitTargetSales=Fixedcosts+TargetprofitContributionmarginperunit
TargetSales=5,040+10,5000.70TargetSales=5,040+10,5000.70
TargetSales=22,200unitsTargetSales=22,200units
The company needs to sell 22,200 units at location A to achieve target profit of $10,500
Target sales volume to achieved at location B
The fixed cost is $5,560 per month
The target profit is $10,500 per month
TargetSales=Fixedcosts+TargetprofitContributionmarginperunitTargetSales=Fixedcosts+TargetprofitContributionmarginperunit
TargetSales=5,560+10,5000.70TargetSales=5,560+10,5000.70
TargetSales=22,943unitsTargetSales=22,943units
The company needs to sell 22,943 units at location B to achieve target profit of $10,500
Target sales volume to achieved at location C
The fixed cost is $5,730 per month
The target profit is $10,500 per month
TargetSales=Fixedcosts+Target
Explanation:
only i can do sorry
Which of the following is an advantage of conducting business in totalitarian nations
Answer:
INTERNAL COMPANIES
Lucas is the secretary of defense for the united states. He oversees military operations throughout the world. Lucas's position is part of the _ _ _ _ _ government
national
state
local
foreign
Answer:
This guy is a liar it's not local, it's national
Explanation:
National government represents the whole world not just a state or local is like schools and parks working for this kind of things is local government national government is different.
Lucas is the secretary of defense for the United States. He oversees military operations throughout the world. Lucas's position is part of the national government. Hence, option A is correct.
What is national government?The national government of a country is its executive branch. A nation is said to have a national government, or the central government in a unitary state, if it does not give significant power to regional divisions. A government is in charge of running the armed forces, foreign policy, the economy, and public services in addition to defining and enforcing social norms.
The national executive, or cabinet, is led by the President, who also serves as head of state. He or she is entrusted with promoting the nation's unity and interests while respecting the supremacy of the Constitution as the country's top legislation.
Thus, option A is correct.
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#SPJ2
give the advantages of business partnership structures
Answer:
Your welcome! Hope you have a nice wonderful day :)
Explanation:
One of the advantages of having a business partner is sharing the labor. Having a partner may not only make you more productive, but it may afford you the ease and flexibility to pursue more business opportunities. It might even eliminate the downside of opportunity costs.
Convert 5/8 to Decimal
Answer:
0.625
Explanation:
Answer:
0.625
Explanation:
use calculator!
Which financing is also known as “risk capital”?
A.
mezzanine loans
B.
subordinate debts
C.
equity capital
D.
senior debts
E.
bonds
In a market economy, prices are the signals that guide the allocation of scarce resources.
Answer:
True
Explanation:
What are some examples of fees that can be seen on a bank statement?
Answer:
Monthly service fee.
Overdraft fee.
Non-sufficient funds (NSF) fee.
ATM fee.
Paper statement fee.
Foreign transaction fee.
Account closure fee.
Explanation:
All of the following indicate a possible pest infestation EXCEPT:
Dust underneath a storage shelf
Shredded paper towels in a corner of the dry storage area
Egg casings behind the refrigerator
Gnaw marks on a trash can
dust underneath a storage shelf
Statement that doesn't gives indication of pest infestation as regards this question is A: Dust underneath a storage shelf.
Pest infestation can be regarded as the presence of an unusually large number of insects in place They usually cause damage or disease and it is a result improper management of a place in an healthy way.Some of the activities that can cause this at home are Egg casings behind the refrigerator which can invite pest.Another one is Gnaw marks on a trash can.Therefore, option A is correct.
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Zang Company had no office supplies on hand at the beginning of the year. During the year, the company purchased $250 worth of office supplies. At the end of the year, $50 worth of office supplies were on hand. How much should Zang Company report as office supplies expense for the year
Answer:
Hdhdi
Explanation:
poigghhgfdsfgvbbbbnhjm
Answer:
Explanation:
For time
Answer:
what are you talking about ??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
Explanation:
How to calculate opening capital
Answer:
Opening Capital = closing capital + drawings - additional capital - profit + loss.
Explanation:
The opening capital is the balanced equalization exhibited around the beginning of an accounting period.
The City of Holbrook transferred $100,000 from the General Fund to the Debt Service Fund for payment of interest. The appropriate entry in the General Fund to record this transfer would be
a. Debit Expenditures $100,000; Credit Cash $100,000.
b. Debit Other Financing Uses Transfer Out $100,000; Credit Cash $100,000.
c. Debit Fund Balance Transfer Out $100,000; Credit Cash $100,000.
d. Debit Other Financing Sources Transfer In $100,000; Credit Cash $100,000.
Answer:
A. Debit Expenditures $100,000; Credit Cash $100,000.
Explanation:
Don't really have one, but hope this helped! :D
what role do manager's play In the cooperative
Answer
organizing, directing, coordinating, and controlling.
Explanation:
The manager is responsible for the overall operation of the cooperative, as delegated by the board, relating to the management functions of planning, organizing, directing, coordinating, and controlling.
I really hope it helped
Buzz's Educational Software Outlet sells two or more of the video games as a single package. Managers are keenly interested in individual productprofitability figures. Information pertaining to three bundled products and the standalone prices is as follows:
StandAlone Selling Price Cost Package Packaged Price Reading Fun 1. Reading Fun & Math Fun Math Fun 2. Reading Fun & Analysis Analysis 3. All three
Using the standalone method with selling price as the weight for revenue allocation, what amount of revenue will be allocated to Reading Fun in the first package (Reading Fun & Math Fun)?
A. $20.89
B. $37.00
C. $28.62
D. $35.69
Please answer need help asap
Answer:
Machinery
Explanation:
In order for money to work properly, there can be only a certain amount of it in
the economy and there must be rules on who can print it. This is an element
of which characteristic of money?
A. Divisibility
B. Acceptability
C. Limited supply
D. Uniformity
Explanation:
A. Divisibilityor C. Limited Supply,
B. Acceptability
Money is a medium of exchange, it is divisible, acceptable, and scarce supply.
What exactly is the definition of money?Something widely accepted as a medium of exchange, a measure of value, or a method of payment: for example. A: newly minted metal currency that has been officially coined or stamped, B: monetary value.
Money's characteristics are:
A. Dissolvability
B. Acceptance
C. Scarcity of Supplies
Therefore, options A, B, and C aptly explain the money's characteristics.
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Rebecca Huang receives a regular salary of $2,600 a month and is paid 1/2 times the regular hourly rate for hours worked in excess of 40 per week.
a. Calculate Huang's overtime rate of pay.
22.5 overtime pay per hour
s
b. Calculate Huang's total gross weekly pay if she works 43 hours during the week.
The over time rate of pay is $22.5 overtime per hour. While the total gross pay at 43 hours is 667.5 dollars.
a. The regular salary = $2600 monthly
The annual salary = $2600 * 12
= 31200 dollars.
The weekly salary in a year
We have 52 weeks in a year
Weekly salary = 31200/52
= 600 dollars.
She works for 40 hours weekly.
Pay per hour = 600/40
= 15
The overtime pay per hour that Rebecca receives
[tex]15*1\frac{1}{2}[/tex]
= 15 * 1.5
= 22.5
Therefore Huang's overtime pay is 22.5 dollars.
b. If she works 43 hours during the week
15 dollars * 40 hours = 600 dollars
43-40 = 3 overtime hours
3 x 22.50 per hour = 67.5 dollars.
The total gross wages = 600 dollars + 67.5 dollars
= 667.5 dollars.
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What was California’s GDP in 2010 in millions?
$5,840.7
$5,810.2
$5,814.4
$5,339.8
$4,050.9
Answer:5,814.4
Explanation:
Explain the role of a good business plan in setting up your business. Why is it an important step
in the success of your business?
Answer:
A business plan is a very important and strategic tool for entrepreneurs. A good business plan not only helps entrepreneurs focus on the specific steps necessary for them to make business ideas succeed, but it also helps them to achieve short-term and long-term objectives.
Explanation:
It is important to help articulate a strategy for your business. It also provides insight on steps to be taken, resources required for achieving your business goals and a timeline of anticipated results. And help your business prosper and grow.
Which part of the Business Cycle would this graph represent?
bust is the correct answer
Justin is a new manager with 27 direct reports. He has been feeling overwhelmed at work and just learned that the last three managers who held his position quit after only a few months. Which process theory appears to have been violated in this organization?
Expectancy Theory
Goal Setting Theory
Job Characteristic Theory
All of These
The process theory that seems to have been violated in this organization is the Job Characteristics Theory, which was created to analyze work outcomes, such as how work characteristics affect job satisfaction.
With the information contained in the question, it is clear that the characteristic that has affected the work of the new manager Justin is that he has felt overloaded at work.
The last three managers who held their position resigned after a few months, probably because they also felt overwhelmed, as there is information that managers deal with 27 direct reports.
Therefore, a strategy to increase job satisfaction would be to redesign the work, which:
Increases productivity.Improves communication.Reduces conflicts.Increases innovation.Learn more here:
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An investor already has some money invested in Company A. She does not have any shares of Companies B and C. She has some extra money available, and she is deciding in which company to invest this extra money right now. The investor beliefs that the following scenarios are likely to occur one year from now:
a. With probability 1/2 the price of one share of Company A will be $100, one share of Company B will be $200, and one share of company C will be $50.
b. With probability 1/2 the price of one share of Company A will be $50, one share of Company B will be $400, and one share of company C will be $25.
In order to diversify her portfolio, the investor should invest in assets that have returns. In this case, the investor should use her extra money to purchase shares from company's: _____________
Managerial accounting is different from financial accounting in that:
a. Managerial accounting is more focused on the organization as a whole, while financial accounting is more focused on projects, processes, and divisions of the organization.
b. Managerial accounting never includes nonmonetary information.
c. Managerial accounting includes many projections and estimates whereas financial accounting has a minimum of predictions.
d. Managerial accounting is used extensively by investors, whereas financial accounting is used only by creditors.
e. Managerial accounting is structured and controlled by GAAP.
Managerial Accounting is different from Financial Accounting in that c. Managerial accounting includes many projections and estimates whereas financial accounting has a minimum of predictions.
The differences between Managerial Accounting and Financial Accounting do not arise because of Managerial accounting:
Focuses on the organization while financial accounting focuses on projects, etc.Never includes non-monetary information; it includes non-monetary information than financial accountingUsed by investors, while financial accounting is used by creditorsStructured and controlled by GAAP.
Thus, the difference between the two is that Financial accounting is structured and controlled by GAAP and used by investors and creditors. Managerial accounting is not structured by GAAP and is used by management in decision-making.
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Why is competition limited in an oligopoly
Answer:
High entry costs prevent new producers from entering the market. ... Producers actively segment the market to avoid competition. High entry costs prevent new producers from entering the market.
Explanation:
Hope this helps:)
~Kisame'sAbs
Fixed-income recipients, savers, and creditors are hurt by unanticipated inflation because inflation ______. Multiple choice question. redistributes real income away from them and toward others reduces the burden of debt is indexed redistributes real income towards them and away from others
Unanticipated inflation usually hurt the creditors, Fixed-income recipients as well as savers simply because:: inflation redistributes real income away from them and toward others
Unanticipated inflation can be regarded as kind of inflation whereby, people are not aware that there will be inflation, it caught them unaware until there is general price level increases. When this happens, alot of people will be left unprotected, especially those lenders that will be paid back with the same amount they Lent out even though there is a reduction in purchasing power.Therefore, unanticipated inflation usually caught people unaware.
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Mooradian Corporation’s free cash flow during the just-ended year (t = 0) was $160 million, and its FCF is expected to grow at a constant rate of 5.0% in the future. Assume the firm has zero non-operating assets. If the weighted average cost of capital is 12.5%, what is the firm’s total corporate value, in millions?
The firm’s total corporate value, in millions is: $22,400,000.
Using this formula
Firm Total Corporate Value =Free cash flow (1+ Growth) / Average cost of capital - Growth
Where:
Free cash flow=$160 million
(1+ Growth) =(1+5.0%)
Average cost of capita=12.5%
Growth=5%
Let plug in the formula
Firm Total Corporate Value= $160,000.000 ( 1+0.05)/12.5%-5%
Firm Total Corporate Value=$160,000,000(1.05)/7.5%
Firm Total Corporate Value=$168,000,000/7.5%
Firm Total Corporate Value=$22,400,000
Inconclusion the firm’s total corporate value, in millions is: $22,400,000.
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