Reference no: EM131004507
The Truck Stop is a repair facility specializing in the maintenance and repair of diesel engines just outside of Carlisle, Pennsylvania--one of the largest trucking hubs in the U.S. The business manager of the Truck Stop has been asked by the owners to prepare a financial analysis of the potential of a 24-hour repair operation. Opening such a center would require remodeling the facility and the hiring of some additional staff. Estimated first year expenses for the Truck Stop's diesel service center are:
Support staff salary expense $ 15,000
Mechanic Salary expense 80,000
Supplies 4,000
Equipment 5,000
Remodeling 10,000
Electricity, heat, and taxes 8,000
Total expenses $122,000
Mechanic and staff salary expenses are estimated on an hourly basis, reflecting additional salary and overtime costs. Supplies and remodeling expenses are above and beyond those required for normal facility operations. Equipment costs represent a prorated share of the centers fixed equipment-leasing costs. Electricity costs of $2,000 reflect additional anticipated usage, whereas heat and taxes of $6,000 reflect an allocated share of fixed expenses.
Please Calculate breakeven revenue for the Truck Stop's proposed 24-hour diesel service center.
|
Skilled-labor abundant and unskilled-labor abundant
: Two countries, Canada and Japan, produce two goods, Phones (P ) and Phone Apps (A), using two factors, Skilled labor (S) and Unskilled labor (U). Phones are Skilled-labor intensive and Apps are Unskilled-labor intensive. Which country is Skilled-labo..
|
|
What happens to relative wage of skilled workers in country
: Two countries, Canada and Japan, produce two goods, Phones (P ) and Phone Apps (A), using two factors, Skilled labor (S) and Unskilled labor (U). Phones are Skilled-labor intensive and Apps are Unskilled-labor intensive. Show how the PPF changes in e..
|
|
Short run aggregate supply and long run aggregate supply
: The late 1990s in Canada was characterized by substantial economic growth with little inflation; that is, potential real GDP increased with little, if any, increase in the aggregate price level. Describe what must have been happening to Canadian aggr..
|
|
Represents rightward shift of the aggregate demand curve
: A fall in the value of the US dollar against other currencies makes US final goods and services cheaper to foreigners even though the US aggregate price level stays the same. As a result, foreigners demand more American aggregate output. You, however..
|
|
Prorated share of the centers fixed equipment-leasing costs
: The Truck Stop is a repair facility specializing in the maintenance and repair of diesel engines just outside of Carlisle, Pennsylvania--one of the largest trucking hubs in the U.S. Mechanic and staff salary expenses are estimated on an hourly basis,..
|
|
If a nation has no absolute advantage
: If a nation has no absolute advantage, then it? A) cannot gain from trade B)can still gain from trade C)can only gain from trade if it raises its productivity D)can only gain from trade if it reduces wages paid E)can only gain trade if it produces ou..
|
|
What will total cost function be rice loafs are produced
: Kathy's Bakery is a local full-service bakery in Omaha, Nebraska. Kathy sells loaves of wheat bread for $3 a loaf. Of this amount, $1.50 is profit contribution. Assuming average variable costs are constant at all output levels, what is Kathy's total ..
|
|
Calculate the breakeven output quantities for alternative
: Nature's Green, Inc., a manufacturer of alfalfa tablets sold in health-food stores, currently operates just outside of Meno, California. Nature's Green is considering two alternative proposals for expansion, because it has run out of acreage to grow ..
|
|
Starting from short run equilibrium in the money market
: Starting from short run equilibrium in the money market, assume Bank of Canada sells bonds using OMO. Explain very clearly using well labeled graphs, the short run effects on the money supply, the interest rate and real GDP.
|