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dedylja [7]
3 years ago
9

Joe Jenkins, the owner of Jenkins Manufacturing, is considering whether to produce a new product. Joe will be selling the produc

t for a price of $70 per unit. If he uses the current equipment, Joe estimates the fixed costs per year to be $40,000 and variable costs for each unit produced to be $50. However, Joe is considering the purchase of new equipment that would produce the product more efficiently. Joe’s fixed cost would be raised to $60,000 per year, but the variable cost would be reduced to $25 per unit. If Joe's demand forecast is 900 units, should Joe produce the product using the existing or the new equipment? Produce using the existing equipment. Produce using the new equipment. Does not matter, which equipment is used. The product should not be produced at all.
Business
1 answer:
Paul [167]3 years ago
7 0

Answer:

Jenkins Manufacturing

Joe should produce using the new equipment.

Explanation:

a) Costs incurred using the old equipment:

Variable costs = $45,000 ($50 x 900)

Fixed costs = $40,000

Total costs = $85,000

Operating Loss = $22,000 ($63,000 - 85,000)

b) Costs incurred using the new equipment:

Variable costs = $22,500 ($25 x 900)

Fixed costs = $60,000

Total costs = $82,500

Operating Loss = $19,500 ($63,000 - 82,500)

Production using the new equipment would reduce the operating loss by $2,500.

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Greg, a supervisor, is known by his managers to be sharp in his decisions and has a good track record of meeting his goals. greg
shepuryov [24]

Answer: (B) Effective

Explanation:

 Greg is an effective supervisor as they supervise or guide all the employees in an organization for the purpose of completing the tasks, meet the actual deadlines and also motivating the employees.

It has the good leadership quality and also recognizing all emotions according to the given task.

 According to the given question, the effective supervision taking various types of sharp decisions and also tracking all the tasks for meeting the goals.

 Therefore, Option (B) is correct answer.  

4 0
3 years ago
Suppose that in 1984 the total output in a single-good economy was 7,000 buckets of chicken. Also assume that in 1984 each bucke
madreJ [45]

Answer:

A) What is the GDP price index for 1984, using 2005 as the base year?

  • the GDP price index using 2005 as base year = [($15 / $20) x 100] = 75

B) By what percentage did the price level, as measured by this index, rise between 1984 and 2005? ...percent.

  • the price level increased by: [(100 - 75) / 75] x 100 = 33.33%

C) What were the amounts of real GDP in 1984 and 2005?

  • In 1984, real GDP = $20 x 7,000 buckets =  $140,000 or we can also use another method = ($15 x 7,000) / 0.75 = $105,000 / 0.75 = $140,000. The answer using both methods should be the same.
  • In 2005, real GDP = $20 x 22,000 buckets = $440,000

6 0
3 years ago
The Francis Company is expected to pay a dividend of D1 = $1.25 per share at the end of the year, and that dividend is expected
IceJOKER [234]

Answer:

current stock price = $28.90

so correct option is (a) $28.90

Explanation:

given data

dividend of D1 = $1.25

constant rate = 6.00%

beta = 1.15

market risk premium = 5.50%

risk-free rate = 4.00%

solution

first we get here Expected rate of return that is express as

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)   .................1

put here value and we get

Expected rate of return = 4% + 1.15 × 5.50%

Expected rate of return = 4% + 6.325%

Expected rate of return = 10.325%

so now we get current stock price

current stock price = Next year dividend ÷ (Required rate of return - growth rate)   .................2

put here value and we get

current stock price = $1.25 ÷ (10.325% - 6%)

current stock price = $1.25 ÷ 4.325%

current stock price = $28.90

so correct option is (a) $28.90

3 0
3 years ago
For any external resources that are used on the project, such as subcontractors, consultants, or vendors, the______ will define
Anastaziya [24]

Answer: project manager

     

Explanation: The project manager's role. A project manager is a person who is responsible for initiating, preparing, designing, implementing, tracking, overseeing and closing a project successfully. A project manager is a person in charge for both smaller and larger decision-making.

  Hence, as he or she is responsible for successful completion it is the responsibility of the project manager to define, approve and acquire all the documentation needed regarding the project.

6 0
3 years ago
F your own idea,why does a business exist.?​
geniusboy [140]

If F my own idea, why do Businesses exist? to get that paperrrrr

Don't take this seriously, this is a joke.

7 0
3 years ago
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