Reference no: EM13981515
1.Variable costs are best defined as:
Choose one answer.
2.The Super Clean Floor Company makes two products, carpet cleaner and floor deodoriser. Operating information from the previous year is as follows:
| |
Carpet Cleaner
|
Floor Deodoriser
|
|
Selling price per unit
|
$7.00
|
$10.00
|
|
Variable costs per unit
|
$4.00
|
$8.00
|
|
Units produced and sold
|
5,000
|
4,000
|
|
Machine hours used
|
5,000
|
2,000
|
Fixed costs of $20,000 per year are currently allocated evenly between both products. If the product sales mix were to change, total fixed costs would remain at $20,000 per year. Assuming everything produced for either product can be sold, how many units of each product should be produced and sold if machine hours are limited to 10,000?
Choose one answer.
3.Pretty Dolls Pty Ltd usually sell 30,000 dolls per annum. This year they have excess stock of 10,000 dolls; the dolls usually retail at $35 per unit. The dolls' variable cost per unit is $20 and their annual fixed costs are $30,000. Pretty Dollars Pty Ltd has received "a one-time only expression of interest" from an overseas chain to purchase 7,500 dolls at $29 per unit. What would be the best advice you could provide to Pretty Dolls Pty Ltd?
Choose one answer.
4.The break-even point is best defined as:
Choose one answer.
a. where the total cost of goods sold is equal to the total revenue.
b. where the total costs are equal to the total revenue.
c. where the total level of activity is equal to the total revenue.
d. where the total variable costs are equal to the total revenue.
e. where the total fixed costs are equal to the total revenue.
|
Calculate the total resistance of the circuit
: Show detailed calculations- Calculate the total resistance of the Circuit. Compute the power (I22 R6) in the resistor R6. Determine the values of the currents I3 and I4 .
|
|
What is the real economic growth rate
: Assume that wages and prices are sticky and that we start at a long-run equilibrium. Assume that at this initial point, the growth rate of the money supply is 6%, the growth rate of the velocity of money is 2% and that the real economic growth rate i..
|
|
Discussing the advantages of segment reporting
: Write a 4-page paper discussing the advantages of segment reporting. This paper must be APA compliant, and should include at least 1 outside reference. Remember, grading is based on "meeting expectations, exceeding, or greatly exceeding expectations...
|
|
Vote for a controversial ballot measure
: A political analyst was interested in the proportion C of individuals who would vote for a controversial ballot measure. While he thought that it would be a close call, he was un sure of the precise value for C. He assessed a beta distribution for..
|
|
How many units of each product should be produced and sold
: Fixed costs of $20,000 per year are currently allocated evenly between both products. If the product sales mix were to change, total fixed costs would remain at $20,000 per year. Assuming everything produced for either product can be sold, how m..
|
|
Most book publishers pay authors a percentage of the revenue
: Most book publishers pay authors a percentage of the revenue from book sales. Explain the conflict that this creates between publishers and authors.
|
|
Department is budgeting miscellaneous expenses
: Your department is budgeting miscellaneous expenses for the next 5 years. Your best guess at the annual inflation rate is 3.9% and the combined MARR is 15%. Expenses currently run $14,500 per year. Assume that expenses are end-of-year payments.
|
|
Suppose that consumers are all risk neutral
: Suppose that consumers are all risk neutral and so they do not purchase health insurance. The equilibrium price of a doctor visit is $30, the supply of doctor visits is perfectly elastic, and the aggregate demand for doctor visits is given by Q=200-5..
|
|
Improvements in manufacturing operations
: Reilly Global Communications (RGC), Inc., sells communications systems to companies that have worldwide operations. Over the next year, RGC will be instituting important improvements in its manufacturing operations.
|