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sveta [45]
3 years ago
14

A company that manufactures bicycles has a fixed cost of ​$90000. It costs ​$100 to produce each bicycle. The total cost for the

company is the sum of its fixed cost and variable costs. Write the total​ cost, C, as a function of the number of bicycles​ produced, x.​ Then, find and interpret ​C(110​).
Business
1 answer:
Paul [167]3 years ago
4 0

Solution:

The total cost for the company is the sum of its fixed cost and variable costs.

Corporate expenditures that do not depend on the amount of goods or services provided by the company are fixed costs.

Variable costs are expenses that change when changes occur in the sum of the good or service produced by a company.

C(x) = 90000 + 100x

C(110) = 90000 + 100 ( 110 )

C(110) = 90,000 + 11, 000 = 101,000

It costs $101,000 to produce 110 bicycles.

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Kimberly-Clark developed its Avert Virucidal tissues that contained vitamin C derivatives, which were scientifically designed to
mezya [45]

Answer:

E) incomplete market and product protocol.

Explanation:

Kimberly-Clark's Avert Virucidal failed in test marketing, because the researchers in charge of product development  failed to clearly define how it would satisfy consumers' wants and needs. The idea itself wasn't bad, but the concept testing was poorly done. During concept testing, the marketing researchers must determine if the consumers understand the product's idea or not, and obviously that didn't happen. The product does satisfy consumers' needs and if the marketing process was properly done, they would have probably accepted the product.

3 0
4 years ago
Read 2 more answers
Department S had 500 units 70% completed in process at the beginning of the period, 7,600 units completed during the period, and
Rudik [331]

Answer:

7,727 units

Explanation:

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

Department S beginning = 500 units

Completed % in process = 70%

Total completed during period = 7,600 units

End of period = 900 units 53 % completed

So, we can calculate the units of production using FIFO method.

Check attachment for the Solution.

The attachment is attached below.

3 0
3 years ago
According to the AAPC Code of Ethics, which term is NOT listed as an ethical principle of professional conduct?
Tcecarenko [31]

Answer:

The correct answer is letter "E": Efficiency.

Explanation:

The American Academy of Professional Coders (AAPC) is the organization in the U.S. in charge of certifying administrative workers of the healthcare system such as <em>billers, coders, </em>and <em>practice managers</em>. The certifications the AAPC provides are <em>medical coding, medical auditing, physician practice management</em>, just to mention a few.  

Within its code, the AAPC establishes five (5) principles of professional conduct which are <em>integrity, respect, commitment, competence, </em>and <em>fairness</em>. Efficiency is not one of them.

7 0
3 years ago
Charles Lin has just been hired by Frederick Company to replace a sales representative who is retiring after 40 years with the c
NISA [10]

Answer:

The answer is: B) Charles is starting from almost scratch developing a prospect and customer base and may lose some current customers because he does not know about them.

Explanation:

Obviously Charles doesn't know the customers the old sales representative had and three weeks may not be enough time for Charles to get to know them and gather enough information about them either.

So basically, Charles is starting from scratch and needs to develop his own customer database. Doing so will consume time and effort, and possibly Charles will lose some sales because of this. Eventually he will need to catch up and probably match and even exceed the previous salesman's sales records.

8 0
3 years ago
A company switched from the cash basis to the accrual basis for recognizing warranty expense. The unrecorded liability for warra
Ber [7]

Answer:

D) Report a prior period adjustment decreasing retained earnings by $1,365,000

Explanation:

Accrual accounting rate-of-return method: In this method, the recording of the transactions should be done based on an accrual basis which means whether the amount is received or not but it is recorded in the books of accounts.

In the given case, there is an unrecorded liability for $2.1 million for prior year which is recorded after considering the tax expense. So, the computation is shown below:

= Unrecorded liability - unrecorded liability × tax rate

= $2,100,000 -  $2,100,000 × 35%

=  $2,100,000 - $735,000

= $1,365,000

7 0
3 years ago
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