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Novosadov [1.4K]
3 years ago
10

Maxim manufactures a cat food product called Green Health. Maxim currently has 10,000 bags of Green Health on hand. The variable

production costs per bag are $3.20 and total fixed costs are $10,000. The cat food can be sold as it is for $8.55 per bag or be processed further into Premium Green and Green Deluxe at an additional $2,600 cost. The additional processing will yield 10,000 bags of Premium Green and 3,600 bags of Green Deluxe, which can be sold for $7.55 and $5.55 per bag, respectively. If Green Health is processed further into Premium Green and Green Deluxe, the total gross profit would be:
Business
1 answer:
Rudik [331]3 years ago
7 0

Answer: $92,880

Explanation:

The Gross Profit can be calculated by simply removing the cost from the sales amount.

It is stated that the additional processing will yield 10,000 bags of Premium Green and 3,600 bags of Green Deluxe, which can be sold for $7.55 and $5.55 per bag.

Sales figure is therefore,

= (10,000 * 7.55) + (3,600 * 5.55)

= 75,500 + 19,980

= $95,480

Subtracting the cost to get,

= 95,480 - 2,600

= $92,880

The total gross profit would is $92,880.

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Can I buy 100 stocks?​
Sauron [17]

Answer:

Maybe.

Explanation:

There are a lot factors that go into being able to purchase stocks - but the primary one would be how much money do you have to invest? I'm not sure if the question is asking if you can purchase shares of stock in 100 different companies or if you can purchase 100 shares of one company's stock. Generally speaking, in addition to the cost of the stock, you also have to pay fees in order to purchase (and sell) the stock...but these days it's somewhat possible to avoid the purchase fees with a no fee stock broker...for instance Robinhood. If you want to purchase 100 shares of stock, you need to have the money to afford to purchase it...and you also need to be old enough to open an account with a brokerage service, and you need to not work in certain industries.

7 0
3 years ago
Gagliardi Way Corporation has an expected ROE of 15%. If it pays out 30% of its earnings as dividends, its dividend growth rate
irga5000 [103]

The dividend growth is 10.5%.

Given ROE of 15% and dividend of 30%.

Dividend growth rate is to be computed.

The dividend growth rate is the annualized percentage rate of growth of a specific stock's dividend over time. Many established organizations strive to raise dividends given to shareholders on a regular basis. When utilizing a dividend discount model to value equities, the dividend growth rate must be calculated.

A track record of substantial dividend growth may indicate that future dividend increase is expected, which can indicate long-term profitability.

The formula to compute the dividend growth rate (DGR) is given below:

DGR = ROE×(1-payout ratio)

Substitute values in the formula given above to find the DGR.

DGR = 15%×(1-30%)

        =15% × 0.70

        =0.105 or 10.5%

Dividend payout ratio "DGR" = 10.50%

Therefore, the dividend payout ratio is c. 10.50%

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6 0
2 years ago
Because of the wealth effect, a rising aggregate price level _____ the purchasing power of wealth and therefore _____ the aggreg
Tems11 [23]

Because of the wealth effect, a rising aggregate price level "reduces" the purchasing power of wealth and therefore "reduces" the aggregate quantity of output demanded.

<h3>What is wealth effect?</h3>

According to the wealth effect, a behavioural economic hypothesis, customers will spend more money even if their income stays the same.

The effect of wealth effect on aggregate demand is-

  • People will increase their consumption as their wealth rises. Thus, at lower price levels compared to higher price levels, the consumption component of aggregate demand will be stronger.
  • A person's desire for inexpensive fast food is likely to decline as their income rises, but their desire for more costly steak may increase.

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6 0
3 years ago
Your department has been microfilming old records and paying for off-site storage for years. you are the health information mana
frutty [35]
In order to write the proposal, i will first count all the expense that should be paid for using both off-site storage and the computerized system.
After that, i  will compare the cost to the benefit that the department will get if we're changing into the computerized system (such as larger space, faster processing, more secure, etc)
8 0
3 years ago
Indirect costs occur when
nikklg [1K]

Answer:

The answer is A. resources are shared by more than one product or service.

Explanation:

Indirect cost are costs that are not directly related or traced to any product or activity. They are shared or used by more than one activities. Examples include, Adminstrative expenses, advertising expenses, telephone expenses, rent, office expenses etc.

Like direct cost, indirect cost can be fixed or variable.

Indirect costs are used by business as a whole and not just limited to a particular product.

Option B is not correct. Cost that are directly traced or related to a product is known as direct material. For example, direct labour and direct material used to produce a particular good.

Option C and D are also wrong

5 0
3 years ago
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