Answer:
(i) 900 CDs
(ii) Greater than; $1,650
Explanation:
(1) Break-event point will be when the contribution margin from total sales is equal to fixed costs,
Contribution Margin = Selling price - variable cost
= $(21.5 - 9.5)
= $12
Contribution Margin *Number of CDs sold = $10,800
Break-even point for Studio A = 10,800 ÷ 12
= 900 CDs
(2) Studio A would be more profitable when the extra profit earned from per unit sale of CD exceeds the extra fixed cost given in Studio A.
Extra Contribution margin in Studio A = $(12-10)
= $2
Extra Fixed cost in Studio A = $(10,800 - 7,500)
= $3,300
Studio A should be chosen if sales is greater than (3300/2) = $1,650.
Answer:
integrity versus despair
Explanation:
integrity versus despair. In the integrity versus despair process, people reflect on the lives that they have been living and either have a feeling of fullness or a feeling of remorse and despair over the misperformance of their lives.
Erikson's integrity vs. Despair (1982). He is one of the few theoreticians to consider the old age as a developmental stage. This last stage of life is the conflict of dignity vs. despair. Erikson indicates that this phase commences with a mortality sensation
A is your answer so then there is less supply than there is demand.
Answer:
A) Increase $137,500
Explanation:
Calculation for how will operating income be affected
CHANGE IN OPERATING INCOME
Sales Revenue (Additional) $850,000
(250 %* 340,000)
Less Variable expenses (Additional) ($587,500)
(250 % *$ 235,000)
Contribution Margin $ 262,500
($850,000-$587,500)
Less Fixed Expenses ($76,000)
($262,500-$76,000)
Operating Income $ 186,500
( $ 262,500-$76,000)
Less Previous Operating Income ($49,000)
Operating Income $137,500 Increase
($ 186,500-$49,000)
Therefore the operating income will increase by $137,500
Answer:
The correct answer is letter "B": large numbers of depositors withdrawing their deposits within a short period of time.
Explanation:
A bank run is a situation in which account holders massively withdraw their funds under the fear the financial institution will lose its liquidity. The situation gets to a point in which the bank is at risk of sensing all its reserves and fail to provide all its clients the money they deposited.
In the U.S. financial institutions with deposits between $16 and $122.3 million must have a minimum reserve of 3%. When the deposits exceed $122.3 million the minimum reserve increases to 10%. The rest of the money is reinvested by banks.
