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SCORPION-xisa [38]
2 years ago
15

provide the algebraic equation for the monthly aggregate production rate (apr, using si, ei, d1, d2, d3, d4, d5, and m as variab

les
Business
1 answer:
Paha777 [63]2 years ago
4 0

Forecasting Methods
Financial analysts utilize four basic types of forecasting techniques to project future sales, costs, and investment costs for a company. Although there are many commonly used quantitative budget forecasting tools, in this article we concentrate on the top four techniques: Straight-line, moving average, simple linear regression, multiple linear regression, and straight-line.

Main Content
You are aware that there are 150 units in stock at the moment (beginning inventory = SI), and ABC's marketing manager predicts that demand for the motor will be 240, 225, 265, 270, 260, and 275 units over the course of the following six months (M = 6). (D1, D2, D3, D4, and D5 respectively).

In six months, you wish to have 50 units in stock (ending inventory = EI) and have decided that you want to lower the average inventory level of various goods, including this one.

To learn more about Forecasting Methods
brainly.com/question/5777247
#SPJ4

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Economic resources are the natural, human, and technological inputs used to produce goods and services. natural, technological,
IRISSAK [1]

Answer and Explanation:

A. Economic resources can be defined as the natural, human, and manufactured inputs that are used in the production of goods and services.

B. These resources are also referred to as factors of production as they fall within the factors of production such as land, labour, capital and entrepreneur. They are useful in the production process of goods and services.

C. They are called inputs. As inputs they are used in the production process and at the end of it all they bring about output for the producer.

5 0
3 years ago
Philadelphia Company has the following information for March: Sales $450,000 Variable cost of goods sold 240,000 Fixed manufactu
Effectus [21]

Answer:

Manufacturing margin = $210,000

Contribution margin = $158,000

Operating income = $53,000

Explanation:

Requirement 1

We know,

Manufacturing margin = Sales revenue - Cost of goods sold

given,

Sales revenue = $450,000

Cost of goods sold = $240,000

Putting the values into the formula, we can get

Manufacturing margin = Sales revenue - Cost of goods sold

Manufacturing margin = $450,000 - $240,000

Manufacturing margin = $210,000

Manufacturing margin also called gross margin.

Requirement 2

Contribution margin = Sales revenue - Variable expense

Given,

Sales revenue = $450,000

Variable expense = Variable cost of goods sold + Variable selling and administrative expenses

Given,

Variable cost of goods sold = $240,000

Variable selling and administrative expenses = $52,000

Putting the values into the formula, we can get

Variable expense = $240,000 + $52,000

Or, Variable expense = $292,000

Therefore,

Contribution margin = $450,000 - $292,000

Contribution margin = $158,000

Requirement 3

Operating income = Contribution margin - Fixed expense

Given,

Contribution margin = $158,000 (From requirement 2)

Fixed expense = Fixed manufacturing costs + Fixed selling and administrating expenses.

Fixed expense = $70,000 + $35,000

Fixed expense = $105,000

Putting the values into the formula, we can get

Operating income = Contribution margin - Fixed expense

Operating income = $158,000 - $105,000

Operating income = $53,000

5 0
3 years ago
The manager at TV Land Productions reported total sales revenue of $900,000. The variable expenses were $300,000, and there were
vredina [299]

Answer:

0.67; $485,074.67

Explanation:

Given that,

Total sales revenue = $900,000

Variable expenses = $300,000

Total fixed expenses = $325,000

Contribution margin:

= Sales revenue - Variable expenses

= $900,000 - $300,000

= $600,000

Contribution margin ratio:

= Contribution margin ÷ Sales revenue

= $600,000 ÷ $900,000

= 0.67

Break-even point in dollars:

= Total fixed expenses ÷ Contribution margin ratio

= $325,000 ÷ 0.67

= $485,074.6

6 0
4 years ago
Suppose that when the price of peanut butter falls from $5 to $4 per jar, the quantity of jelly purchased rises from 10 million
Serggg [28]

The cross-price elasticity of demand is -1.82

Calculate the cross-price elasticity of demand:

The formula to calculate the cross-price elasticity of demand is:

(92 -91)/[(02 + 91)/2]

Cross price elasticity

(P2- A)/[(P +P)/ 2]

(15-10)/ [(15+10)/2]

(4-5)/ (4+5)/2]

5/12.5

-1/4.5

0.4

-0.22

=-1.82

Therefore, the cross-price elasticity of demand is -1.82. Since the demand is negative

The goods are said to be Complements.

<em>Your question is incomplete. Please read below to find the missing content.</em>

Suppose that when the price of peanut butter falls from $5 to $4 per jar, the quantity of jelly purchased rises from 10 million jars to 15 million jars. Instructions: Round your answer to two decimal places and include a negative sign if appropriate. The cross-price elasticity of demand between peanut butter and jelly using the midpoint method is The goods are?

Learn more about cross-price here: brainly.com/question/25745683

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3 0
2 years ago
Cost pools should be charged to responsibility centers by using: budgeted amounts of allocation bases because the cost allocatio
Talja [164]

Answer: budgeted amounts of allocation bases because the cost allocation to one responsibility center should not influence the allocations to others

Explanation:

A cost pool is a collection of homogeneous costs thqt are to be assigned. Cost pools is an accounting term which refers to the groups of accounts serving used to express the cost of goods and service that are allocatable within a business or a manufacturing organization. The allocation base for a cost pool is a cost driver.

Cost pools should be charged to the responsibility centers by using the budgeted amounts of allocation bases. This is because the cost allocation to a responsibility center should not influence allocations to others.

6 0
3 years ago
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