Business

A company sells single product at a selling price of 125. The fixed cost for the period is 380,000 and its contribution to sales ratio is 25%. How many units must be sold for the company to break even? Select one: O A. 4,343 O B. 12,160 OC. 95,000 OD 1,520,000
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The Science Institute has three departments: Biology. Chemistry, and Physics. The institute's controller wants to estimate the cost of operating each department. He has identified several indirect costs that must be allocated to each department including $42,000 of indirect salaries, $4,000 of office supplies, and $36,000 of office rent. There are 500 students in the biology department, 200 in chemistry and 300 in physics. The director of the Institute wants to know how much of the indirect cost to allocate to each department. Based on this information Multiple Choice the amount of the cost to be allocated is $82,000 the indirect cost is the allocation base" the students are the "cost objects" All of the answers are correct
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A firms marginal cost curve is MC=4Q. They have $10 in fixedcosts.In the long run, firms must earn enough to cover all of theircosts. Thus, a low price that allows them to break even isacceptab
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currently, market penetration for smartphones, is about 99% of the target market. therefore we should expect at best a. high annual sales growth for companies in the smartphone industry b. low annual sales growth for companies in the smartphone industry c. high annual profit growth for companies in the smartphone industry d. many new companies entering and mareting new smartphones in this industry
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automation helps to reduce employee labor cost (and thus boosts productivity). which of the following is not a reason for moving toward increased automation? o a) safety and risk of injury to workers b) monotonous tasks o c) low volume tasks
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what are the responsibilities of a qualifying agent in florida
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) discuss the concept of money. begin by defining the functions of money and explain how currency meets these functions
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Company has forecast sales to be $210.000 in February, 1271.000 in March, 201.000 in Art, and 5318.000 in May, the average cost of goods sold son of sales Alle are made on credit and see collected in the month of sale on the month following and the remainder two months her the What we geted cash recipes in May $190.350 5177.600 03308050 $257.650
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Company was a mutual standard of 21 pounds per tots fachowed as a standard prisiz per pound. During February, COWO 760 pounds were and to be 2480 unit. What is the direct material price variance?
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.Identify in which of the following scenarios a company could adjust the balance due the vendor by issuing a debit memo.1) quantity different from that ordered2) damage to the goods3) goods that fail inspection for quality4) All of the above are possible scenarios.
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Please recommend end-of-financial year trading strategy. Assume there are no short selling constraints.
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assume the market for organically grown produce is pefectly competitive. All else equal, as farmers find it less profitable to produce and sell organic produce in this market?a. the supply curve will shift to left, the demand curve will shift to the left, and the equilibrium price will increase.b. the supply curve will shift to the left and the equilibrium price will increasec. the supply curve will shift to the right, the demand curve will shift to the left, and the equilbrium price will decreased. the demand curve will shift to the left and the equilbrium price will decrease.
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Suppose ABC just paid an annual dividend of $5.4 per share and its dividend per share is expected to increase 1.3% constantly forever. Compute Alpaca's value in Year 4 if the required rate of return is 9.2%. Round your answer to two decimal places
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Which of the following statements concerning VA loans is true?a. A VA loan can only be issued to a veteran of foreign warb. A VA loan can be assumed by a nonveteranc. There is no fixed interest rate; the lender and veteran can negotiated. A borrower would need to pay the difference between the amount of the VA appraisal of the house and the purchase price
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While service demand can be forecasted, no forecast is 100 percent perfect. Manufacturers can buffer this forecast uncertainty with some finished goods inventory. The simultaneous production and consumption in services precludes this tactic. The capacity must be available when the demand arises. Think about the number of available tables needed in a restaurant for peak dining hours.
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which of the following ethical theories would not be considered a strict deontological theory?
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determine the fixed cost components using the high-low method. total fixed costs $enter the fixed cost components using the high-low method
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a minimum wage law question content area bottom part 1 a. increases the time spent searching by workers who cannot find a job. b. increases employment. c. must be set below the equilibrium wage rate in order to have an impact. d. creates efficiency in the labor market. e. lowers the wage rate of workers who are able to get a job.
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management anticipates fixed costs of $72,500 and variable costs equal to 40% of sales. what will pretax income equal if sales are $325,000? group of answer choices $252,500. $122,500. $57,500. $130,000. $181,250.
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Some apps assist leaders in performing consideration behaviors by Multiple Choice providing information to employees. giving approval or disapproval.
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The liquidity trap refers to the portion of the money demand curve that is... a. Upward sloping. b. Downward-sloping. c. Horizontal. d. Vertical.
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Are unnecessary c-sections putting moms and babies health at risk? The procedure is a major surgery which increases risks for the baby (breathing problems and surgical injuries) and for the mother (infection, hemorrhaging, and risks to future pregnancies). According to the Center for disease control and prevention, about 32.2% of all babies born in the U.S. are born via c-section. The World Health Organization recommends that the US reduce this rate by 10%.Some states have already been working towards this. Suspecting that certain states have lower rates than 32.2%, researchers randomly select 1200 babies from Wisconsin and find that 20.8% of the sampled babies were born via c-section.Let p be the proportion of all babies in the U.S. that are born via c-section. Give the null and alternative hypotheses for this research question.1) H0: p = .322Ha: p < .3222) H0: p = .322Ha: p .3223) H0: p = .208Ha: p .2084) H0: p < .322Ha: p = .3225) H0: p = .322Ha: p > .322
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While on holiday in Bridlington, Helen had her credit cards and purse stolen from the beach while she was swimming. She was left with only 40, which she had kept in her hotel room, but she had three days of her holiday remaining. She was determined to continue her holiday and decided to make some money to enable her to do so. She decided to sell orange juice to holidaymakers using the local beach. On the first day she bought 80 cartons of orange juice at 0.50 each for cash and sold 70 of these at 0.80 each. On the following day she bought 60 carto at 0.50 each for cash and sold 65 at 0.80 each. On the third and final day she bought another 60 cartons at 0.50 each for cash. However, it rained and, as a result, business was poor. She managed to sell 20 at 0.80 each but sold off the rest of her inventories at 0.40 each. Required: Prepare an income statement and statement of cash flows for each day's trading and prepare a statement of financial position at the end of each day's trading.
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A production manager is concerned about declining profit margins on their best-selling product. She has asked you to calculate the variances for material in order to identify which area(s) are contributing to the decline in profit.
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