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Lunna [17]
3 years ago
15

Which market segment should a no-frills hotel target?

Business
1 answer:
Vera_Pavlovna [14]3 years ago
6 0

Answer:

the answer would be d. I got it right on Plato

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A company has an opening stock of 6,000 units of output. The production planned for the current period is 24,000 units and expec
Orlov [11]

Answer:

Explanation:

                                                Last year           Current year

Selling Price                      10                         10

Varaible Price                5                         6

Contribution Margin               5                               4

Break even is the point where total cost is equal to total revenue mean no profit and loss.

company earns the contribution margin after covering the variable cost, now only fix cost remains for break even.

Break Even using FIFO method :  first In first out system

Fix Cost                                                                            =     86000

contribution from opening units(6000*5)                            =     30000

Remaining Fix cost that should be Covered from

current year products                                                            =     56000

 

Units to be sold for break-even ( 56000/4)   = 14000

so we have break even units   6000+14000 = 20000

Fix cost                              = -86000

Opening 6000*5              = 30000

Current   14000*4             = 56000

Profit                                   = 0

Break Even using LIFO method : Last in first out

Fix Cost                                                                            =     86000

Break even =  Fix Cost / Contribution margin

Break even =  86000/4 =21500

current production is 24000 which is higher than break even units so we can cover the fix cost from current year production because company is using lifo method. we do not need opening units for the break even.

4 0
3 years ago
Which of the following statements is correct in connection with the investigation of a business? a.Regardless of whether the tax
jekas [21]

Answer:

c. That business must be related to the taxpayer's present business for any expense ever to be deductible.

Explanation:

If the business is acquired, the expenses may be deducted immediately by a taxpayer engaged in a similar trade or business. The expenses may be deducted regardless of whether the business being investigated is acquired.

7 0
3 years ago
The Stone Company has observed that its utility cost is $5,000 when operating at a level of 20,000 machine hours per period. The
trasher [3.6K]

Answer:

$4,600

Explanation:

Data provided in the question:

Utility cost = $5,000

Operating level = 20,000 machine hours per period

Final utility cost = $4,000

Final operating level = 15,000

Now,

Variable cost per machine hour

= [Total cost at highest level-Total cost at lowest level] ÷ [ Highest level-Lowest level) ]

=[ 5000 - 4000 ] ÷ [ 20,000 - 15,000 ]

= $0.2 per machine hour

Therefore,

Fixed costs = $5,000 - [ 0.2 × 20,000 ]

= $1000

Total cost for 18000 machine hours

= [ 0.2 × 18,000 ] + 1000

= $4,600

5 0
3 years ago
A supply curve is upward-sloping because At higher prices sellers have a greater incentive to produce more, ceteris paribus. The
Molodets [167]

Answer:

All of the answers are correct.

Explanation:

The law of supply states that in a production process when the price of. Commodity increases the suppliers are more willing to supply more goods, while when price falls suppliers tend to supply less goods.

This is as a result of lower motivation to sell at a lower price where profit margins are low. The higher the price the more the profit made so they are more motivated.

Also when prices are too low the suppliers may barely cover their cost of production so they tend to supply less.

Attached is a diagram of the supply curve

5 0
2 years ago
Keitaro, a university administrator, needs to send an official memo to the directors of the registration, advising, and financia
yuradex [85]

Considering the situation described above, to determine who should receive his memo, Keitaro would need to consult "<u>Organization Charts</u>."

This is because an <u>Organization Chart</u> is a pictorial representation that shows the structure of an organization.

It usually depicts those or the top ranks at the top, while the lower ranks are placed accordingly.

It also shows the relationships and positions or jobs of the ranks or individuals presented on the organization charts.

Organization charts is often referred to as organogram.

Hence, in this case, it is concluded that the correct answer is option A. "<u>organization chart</u>."

Learn more here: brainly.com/question/2920544

6 0
2 years ago
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