1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rainbow [258]
3 years ago
8

Craft, Inc. normally produces between 120,000 and 150,000 units each year. Producing more than 150,000 units alters the company'

s cost structure. For example, fixed costs increase because more space must be rented, and additional supervisors must be hired. The production range between 120,000 and 150,000 is called the
Business
1 answer:
yawa3891 [41]3 years ago
6 0

Answer:

Relevant Range

Explanation:

The production range between 120000 and 150000 is called the "Relevant range".

This production range is called Relevant range because the expected fixed cost will not vary if the production is in the range 120000 to 150000.

Also, the for increase in production more than 150000 will lead to the extra cost or if the production is less than 120000 the company may need to reduce its fixed cost.

You might be interested in
Sally, Greg, John, and Amar are working on a project for a customer that is aimed at cutting the client's electrical costs. The
vodomira [7]

Answer: Virtual organization

Explanation:

Virtual organization is a firm of organization whereby the members or the employees are geographically apart and not at the same place and therefore communicates by using their e-mails, phones, collaborative computing, or any other means of communication.

The virtual organization is what is being used by Sally, Greg, John, and Amar in the question above.

7 0
3 years ago
The Bob Buckham Senior Center, a not-for-profit entity, serves a hot meal to senior citizens every Friday evening. All the food
elena-14-01-66 [18.8K]

Answer:

c. Report $10,000 revenue and expense | Disclose in the notes

Explanation:

Not-for-profit entities must report the fair value of all the goods they receive as donations. in this case, they would have to report the $10,000 worth of food received from a local supermarket. But they are not required to report the value of volunteer work, they only have to disclose it on the footnotes of their financial statements.

4 0
3 years ago
The sale of turkeys in the United States is highest in mid- to late November, as people buy turkeys to serve at Thanksgiving. Gr
Vilka [71]

Answer:

Occasion

Explanation:

Segmenting: It is a marketing technique of dividing the marketplace into different segment to implement any marketing plan or introducing new product. These segments should be defined, accessible, actionable and profitable.

There are four type of market segmentation:

  • Demographic
  • Pshychographic.
  • Behavioral.
  • Geographic.

Occasion segmentation is one of the way of behavioral segmentation as few market are segmented on the basis of specific occasion and product need to be introduced as per the need of the occassion as it uses customer buying behavior on the particular occasion. Similarly, in the case given the sale of turkey in US increases on the eve of Thanksgiving.

8 0
3 years ago
Bob is evaluating a bond issue to determine the right price for the bond. In his evaluation, he gathers the following informatio
Elanso [62]

Answer:

The price of the bond is $1000. Thus, option a is the correct answer.

Explanation:

The price of a bond is calculated using the present value of the interest payments made by the bond, which is in the form of an annuity, plus the present value of the face value of the bond. The present value is calculated by discounting the annuity of interest and the face value by the YTM or yield to maturity. In case YTM is not provided, we assume that it is same as or equal to the coupon rate paid by the bond.

The formula for the price of the bond is attached.

Bond Price = 25 * [(1 - (1+0.025)^-8) / 0.025]  +  1000 / (1+0.025)^8

Bond Price = $1000

5 0
3 years ago
The term ___________ is a popular way to describe the recession-expansion pattern followed by the economy.
UNO [17]
The term BUSINESS CYCLE is a popular way to describe the rescission-expansion pattern followed by the economy. 
5 0
3 years ago
Other questions:
  • The financial records of LeRoi Jones Inc. were destroyed by fire at the end of 2014. Fortunately, the controller had kept certai
    14·1 answer
  • Which of the following statements best characterizes a basic difference between market economies and centrally- planned economie
    10·1 answer
  • The approaches and activities of managers in short-run and long-run planning and control decisions that increase value for custo
    6·1 answer
  • Three different companies each purchased trucks on January 1, 2018, for $56,000. Each truck was expected to last four years or 2
    15·1 answer
  • Presented below is the stockholders' equity section of Mead Corporation at December 31, 2006: Common stock, par value $20; autho
    11·1 answer
  • When a lender requires tax and/or insurance amounts to be deposited with the lender by placing the monies in an escrow account,
    5·1 answer
  • You invest 60% of your financial assets in Standard & Poor’s Depository Receipts with an expected return of 10% and a standa
    8·1 answer
  • The Institute of Management Accountants' Statement of Ethical Professional Practice for management accountants includes the elem
    12·1 answer
  • A profit maximizing monopoly's price is
    7·1 answer
  • The market price of a security is $50. Its expected rate of return is 14%. The risk-free rate is 6%, and the market risk premium
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!