Answer: variable costs cost which can be changed by time according to the produced product is known as variable cost. 2. Identify ...
Explanation: She makes most of the jewelry herself but she also buys items from large manufacturers. Her only other variable cost is her pay off her.
<span>Aaron is writing a persuasive request to his supervisor. What should he do in the closing of his message? Motivate his supervisor to take action.
When you are writing to persuade someone of something, your goal is to get them to do what you want. If Aaron motivates his supervisor to do what he wants, he persuaded them to do it and the goal of his request worked.
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Reveiwing the income and expenses and comparing from what you say you have to what the bank says you have.
Answer: The answer is consumer price index (CPI)
Explanation:
The consumer price index is the most popularly used price index to measure the level of inflation in the country.it is a measure of welfare which shows the amount of money needed by the people to provide for themselves a good standard of living. The consumer price index is based on the quantity of goods consumers are buying in the market, because it measures the level of changes in the consumer goods in the economy at a given period of time. It is used to measures the level at which family can afford to buy food, clothing, and live a comfortable life in the country. The consumer price index shows the percentage increase or decrease in the prices of consumer goods in the period in which it is measured. It is calculated as
CPI = current year price index / base year price index × 100%
Therefore, to adjust the social security and federal pensions to offset changes in the cost of living the consumer price index is the most appropriate measure of welfare to used. In the sense that the cost of living is the amount of money an average family will need to provide themselves with the basic necessities of life such as food, clothing ,and shelter. The consumer price index is the most appropriate to know the effect of increase or decrease in the prices of these goods on the low income earners in the country such as the people who receives social security benefits and the pensioners in the country. During inflation the purchasing power of the people in these categories is reduced which tend to have an effect on their standard of living.
Answer:
3.06 years
Explanation:
The break-even point is when the total revenue equals the total production costs. In case of the change in manufacturing plan, the break even point is when the additional fixed costs are equal to the savings from the reduced manufacturing costs
Total Manufacturing Costs
<em>Opt 1: Hand Tool Method</em>
Cost = 1.60$/unit*4200unit/year*xyear
Cost = $6720x
<em>Opt 2: Automated System</em>
Cost = 0.65$/unit*4200unit/year*xyear
Cost = $2730x
Additional Fixed Costs
Additional Fixed Cost = $13400 - $1200
Additional Fixed Cost = $12200
Break Even Point
Additional Fixed Cost = Opt 1 Manufacturing Cost - Opt 2 Manufacturing Cost
$12200 = $6720x - $2730x
12200 = 3990x
x = 3.06 years
Assumptions:
- The annual volume is the same every year
- The tools/system costs are a one time costs
- No depreciation of the system has been considered
- The manufacturing cost per unit is the same every year
- There are no other additional costs/expenses
