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Jet001 [13]
3 years ago
6

Refer to the original data. assume that the company sold 18,000 units last year. the sales manager is convinced that a 10% reduc

tion in the selling price, combined with a $30,000 increase in advertising, would increase annual unit sales by one-third.
Business
1 answer:
Tcecarenko [31]3 years ago
8 0
18,000 + 30,0౦0 = 48,000 increase annual sales
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Fred and Lucy are married, ages 33 and 32, and together have AGI of $120,000 in 2019. They have four dependents and file a joint
algol13

Answer:

$3,800

Explanation:

According to the scenario, computation of the given data are as follow:-

Particular                                                              Amount ($)

Bills of doctor and dentist and hospital expenses 9,200

Less-received an insurance reimbursement 4,400

Add-prescribed medicines and drugs 3,000

Add-high deductible health insurance policy 5,000

Total expenses                                  12,800

Less- AGI’s 7.5%   ($120,000 × 7.5% ) $9,000

After Deduction medical expenses for 2019 $3,800

Contribution of $2,600 to a qualification health savings account is a deduction for AGI. So it is not calculated in deduction.  

According to the analysis, option (C) $3,800 is correct.

3 0
3 years ago
Annual production and sales level of Product A1 is 9,280 units, and the annual production and sales level of Product B2 is 23,11
xxTIMURxx [149]

Answer:

Overhead per unit of Product B2 = $4.46

Explanation:

We know,

Allocation overhead to product line under A B C costing = Total overhead cost of specific product line/total number of products sold.

For each activity, the allocated overhead cost to product B2 = Total budgeted cost × [Product B2/(Product A1 + Product B2 of that activity)]

Activity 1 allocated to Product B2 line: $56,000 × 5,600/7,600 = $41,263

Activity 2 allocated to Product B2 line: $71,000 × 5,560/8,600 = $45,902

Activity 3 allocated to Product B2 line: $96,000 × 1,600/9,600 = $16,000

Total overhead allocated to Product B2 = $103,165

Overhead per unit of Product B2: $103,165/23,110 = $4.46

5 0
3 years ago
If an investor possess a portfolio heavily concentrated in bank checking accounts a financial advisor would most likely suggest
yaroslaw [1]

Answer:

d) stocks

Explanation:

Stocks, which are shares in a company that may pay dividends once a year after liquid profits are accounted for. Investments in bank checking accounts are similar to earning interest like a saving account. Investing in market company stocks would give the investor an aggressive option of investing his money, as this type of investment is high risk with high return.

5 0
3 years ago
Ben and Carla Covington plan to buy a condominium. They will obtain a $225,000, 30-year mortgage at 7.5 percent. Their annual pr
lana66690 [7]

Answer:

<u>Monthly housing payment 2,033.22</u>

Explanation:

We need to calculate the monthly cuota of the mortgage

It will be the cuota of a 30 year annuity at 7.5 rate

PV \div \frac{1-(1+r)^{-time} }{rate} = C

We should convert the year in month and the rate in monthly, because the payment are monthly.

time= 30 year so 30 x 12 = 360 months

rate = 0.075 / 12 = 0.00625 monthly

Present Value = 225,000

225,000 \div \frac{1-(1+0.00625)^{-360} }{0.00625} = C

C = $1,573.23

Now we will calculate the propert taxes, insurance per month

2,050 /  12 = 170.83

530   /   12  =   44.16

1,573.23 + 170.83 + 44.16 + 245 = 2,033.22

7 0
3 years ago
Consider the market demand for donuts.
fomenos

Answer:

movement along the demand curve : An increase in the price of donuts

shift of the demand curve : A change in tastes of consumers that makes them desire more donuts

An increase in the number of consumers

Explanation:

only a change in the price of a good would lead to movement along the demand curve for that good. other factors lead to a shift of the demand curve.

an increase in the price of donuts would lead to a reducing in the quantity demanded of donuts. it would lead to a downward movement along the demand curve.

A change in tastes of consumers that makes them desire more donuts and An increase in the number of consumer would lead to an outward shift of the demand curve

7 0
3 years ago
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