1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
miskamm [114]
1 year ago
15

Hodgkiss mfg., inc., is currently operating at only 94 percent of fixed asset capacity. current sales are $740,000. how fast can

sales grow before any new fixed assets are needed?
Business
1 answer:
tangare [24]1 year ago
7 0

Sales grow before any new fixed assets are needed is $156,480.

Fixed assets , additionally known as lengthy-lived assets or property, plant, and equipment, are a time period utilized in accounting for belongings and belongings that cannot without difficulty be converted into cash. fixed properties are one of a kind from modern assets, along with coins or bank accounts, due to the fact the latter is liquid belongings.

currently operating = 94 percent

current sales = $740,000

Full capacity sales = current sales/ Current capacity utilisation

                               = 500000/0.94

                               = $531,914.89

Percentage of fixed assets to full Capacity Sales = Fixed Assets / full Capacity Sales

                                                                                 = 400000/531914.89

                                                                                 = 0.752

Total Fixed assets Needed for New Sales = 74000*0.752

                                                                      = 556480

Additional Fixed Assets needed = 556480 - 400000

                                                      = $156,480   answer.

Learn more about fixed assets here:-brainly.com/question/25746199

#SPJ4

You might be interested in
Which one of the following is correct about variable costing systems?
IgorLugansk [536]

Answer:

C nag sa got ko sa yo yang C DAHIL SA VARIABLE

6 0
3 years ago
Total surplus with a tax is equal to a. consumer surplus minus producer surplus. b. consumer surplus plus producer surplus plus
anygoal [31]

Answer:

Option (b) is correct.

Explanation:

The total surplus is defined as the sum total of producer surplus and consumers surplus. Total surplus with a tax is defined as the combined total of producers and consumers surplus and tax revenue that is earned by the government of a particular nation.

Consumers surplus = Willingness to pay for the product - Actual amount paid for the product

Producers surplus = Actual amount received for the product - Willingness to accept for the product

6 0
3 years ago
What are the responsibilities of an executor? Check all that apply.
sergeinik [125]
A paying any taxs that are due on the estate
5 0
3 years ago
Read 2 more answers
It’s important to realize that when it comes to distracted driving it is not about bad teens doing bad things, it’s about good t
ValentinkaMS [17]

Answer:

True

Explanation:

The above statement is true as the distracted driving is act of driving along with engaging into certain other activities which leads to the driver's lesser concentration and attention towards the the road and driving.

Since good teens are not supposed to make the poor choices while driving and engage into activities like using phone, texting or reading maps or messages etc.

3 0
3 years ago
Consider a city of 200 people (100 rich and 100 poor) and two neighborhoods (100 people in each). Both groups generally prefer t
Mekhanik [1.2K]

Answer:

Explanation:

Step 1. Given information.

  • City of 200 people
  • 100 rich, 100 poor.

Step 2. Formulas needed to solve the exercise.

  • P(poor) = 0.9x^2
  • P(rich)= 35x-0.1x^2

Step 3. Calculation and step 4. Solution.

P(poor) = p (rich)

0.9x2 = 35x - 0.1x2

1x2 = 35x

x = 35

x is the percentage of rich above 50%, thus there are 35% rich people above 50%.

P (poor) = 1102.5

P (rich) = 1102.5

The equilibrium premium is $1,102.5

3 0
3 years ago
Other questions:
  • All About Animals has two product​ lines: Cat food and Dog food. Contribution margin income statement data for the most recent y
    13·1 answer
  • Hakimo Corp., a manufacturer of audio equipment, has developed a unique wireless speaker system that runs on solar power. The sp
    10·1 answer
  • Exercise 11-2 Net present value LO P3 Beyer Company is considering the purchase of an asset for $180,000. It is expected to prod
    10·1 answer
  • Determining the magnitude of possible losses from a premature death can be complicated. the best method is the
    15·1 answer
  • How many of Amway distributors make money
    12·1 answer
  • What do different jobs in the marketing career cluster have in common
    5·2 answers
  • One problem with using email is that
    9·1 answer
  • A setback of affirmative action is that: a. those benefitting from affirmative action begin to experience self-doubts about thei
    11·1 answer
  • Assume that Toy Craft makes ragdolls. Each ragdoll requires 15 square feet of fabric. If the number of dolls to be produced duri
    13·1 answer
  • Willing to give a lot of points
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!