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saveliy_v [14]
2 years ago
14

In order to produce a target profit of $22,000, narchie's dollar sales must total:_____.

Business
1 answer:
Andru [333]2 years ago
7 0

In order to produce a target profit of $22,000, narchie's dollar sales must total $1,055,000.

In management accounting, a target profit is a profit that a company expects to make from its operations.

The sales of a target profit are the total sales in quantity or dollars that a company must make in order to achieve its target profit.

The sales in dollars of a target profit is calculated as:

Sales of a target profit= (Target profit + Fixed cost) / Contribution margin ratio

The contribution margin ratio is computed as follows:

CMR = (P - VC) / P

Where P is the unit price and VC is the variable cost per unit.

Narchie sells a single product for $50.

Variable costs are 60% of the selling price.

Thus, the contribution margin ratio for this firm is:

CMR = ($50 - 0.6 ($50)) / $50 = 0.4

If the fixed cost is $400,000, in order to produce a target profit of $22,000, Narchie's dollar sales must total:

Sales of a target profit = ($400,000 + $22,0000) / 0.4

Sales of a target profit = $1,055,000

Hence, the answer is $1,055,000.

Learn more about target profit:

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Markland First National Bank of Rolla utilizes Kanban techniques in its check processing facility. The fol-lowing information is
Alisiya [41]

Answer:

the current daily demand of the check processing facility is 8000 units, and a 16 containers is required.

Explanation:

Solution

Given that,

(A) The calculation of delay demand is as follows:

K = (<u>+_</u>) (<u>1 +)</u> C

K = is the number of containers

d = the average delay demand

w = the waiting time per average per unit

p = the average processing time per unit

C = Container quantity

α = safe guard policy variable

Now,

The average processing  time = 2/24 * 60 =0.0167

The average waiting time is = 2/24 =0.083

The required number of container  = 20 = (0.083 + 0.0167 ) (1 + 0.25) /50

which is

20 * 50 = (0.1) (1.25)

Thus,

1000 / 0.125 = 8000

Now,

The average daily demand is 8000

The next step is to find out how many containers would be needed.

Now,

If there is no waste, it is = 0

The required  number of containers will be =

K = 8000 ( 0.083 + 0.0167) ( 1 + 0 )/ 50

= 8000/5= 16 Containers

7 0
3 years ago
JDS Foods’ projected benefit obligation, accumulated benefit obligation, and plan assets were $65 million, $55 million, and $37
Kitty [74]

Answer:

a) $28 Million

b) -$24 Million

Explanation:

The first part of the question is to determine the pension liability tht should be reported in the balance sheet

To do this, we use the following formula

Projected Benefit Obligation - The Plan Assets

= $65 million - $37 Million = $28 Million

Part B) This part says to dettermine the amount JDS would report if the planned asset increase to $89 million

The formula Projected Benefit Obligation - The Plan Assets  still should be used but there is a difference as follows

$65 million - $89 Million = -$24 Million

6 0
3 years ago
The process through which a product or service takes root initially in simple applications at the bottom of a market and then mo
Kryger [21]

Answer: Disruptive innovation

Explanation: Disruptive innovation is an application of nicer finding that relay new conditions and demand at operation at current time that establishes a new demand and graphical diagram of civil and specialized aids inside and between companies and how they are effectively and practically used. Ultimately, it interrupts an existing demand and value network, taking over conventional demand-dominating companies, commodities, and unions.

6 0
3 years ago
A 30-year maturity, 8% coupon bond paying coupons semiannually is callable in five years at a call price of $1,100. the bond cur
bogdanovich [222]

Answer:

a.

5.72%

b.

6.83%

c.

2.86%

Explanation:

The rate of return bondholders receives on a callable bond until the call date is called Yield to call.

Yield to Call = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

Assuming $1,000 is the face value of bond.

a.

Yield to Call = [ ($1,000 x 8% x 6/12 ) + ( $1,000 - $1,100 ) / (5 x 2) ] / [ ( $1,000 + $1,100 ) / 2 ]

Yield to Call = [ $40 - 10 ] / $1,050 = 2.86% semiannually = 5.72% yearly

b.

Yield to Call = [ ($1,000 x 8% x 6/12 ) + ( $1,000 - $1,050 ) / (5 x 2) ] / [ ( $1,000 + $1,050 ) / 2 ]

Yield to Call = [ $40 - 5 ] / $1,025 = 3.415% semiannually = 6.83% yearly

c.

Yield to Call = [ ($1,000 x 8% x 6/12 ) + ( $1,000 - $1,100 ) / (2 x 2) ] / [ ( $1,000 + $1,100 ) / 2 ]

Yield to Call = [ $40 - 10 ] / $1,050 = 1.43% semiannually = 2.86% yearly

6 0
3 years ago
Under this kind of program, cities demolished poor neighborhoods in city centers that occupied potentially valuable real estate;
german

The description explained depicts urban renewal.

Urban renewal were the policies that were out in place to enable housing authorities and local governments to demolish the neighborhoods that were considered to be blighted and poor and then replace such neighborhoods with real estate that were more valuable and were usually reserved for the white people.

Houses that were seen to be slums were destroyed and newer and fascinating neighborhood were constructed.

In conclusion, the correct option is C "urban renewal".

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8 0
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