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
PolarNik [594]
3 years ago
10

"Scott Manufacturing Co.'s static budget at 10,000 units of production includes $40,000 for direct labor and $4,000 for electric

power. Total fixed costs are $23,000. At 12,000 units of production, a flexible budget would show:"
Business
1 answer:
Assoli18 [71]3 years ago
4 0

Answer:

Total costs= $75,000

Explanation:

Giving the following information:

For 10,000 units:

$40,000 for direct labor

$4,000 for electric power

Total fixed costs are $23,000

We need to determine the unitary variable cost for direct labor and electric power:

Unitary direct labor= 40,000/10,000= $4

Electric power= 4,000/10,000= $0.4 per unit

Now, for 12,000 units:

Total direct labor cost= 4*12,000= $48,000

Electric power= 0.4*12,000= $4,800

Fixed costs= 23,000

Total costs= $75,000

You might be interested in
When the utility function for a risk-neutral decision maker is graphed (with monetary value on the horizontal axis and utility o
andreev551 [17]

Answer:

The correct answer is letter "D": straight line.

Explanation:

Utility represents the satisfaction a person receives from the use of a good or service. In case there is a risk-neutral decision-maker, that individual is unlikely to vary the value he or she provides to the use of products to remain in a comfort zone. However, the utility could vary according to satisfaction the good or service provides in different situations.

Thus, if plotted in a graph, <em>the value representing the horizontal axis and the utility the vertical axis, there will be a straight line departing from the horizontal axis parallel to the vertical axis.</em>

7 0
3 years ago
Edelman Engines has $5 billion in total assets — of which cash and equivalents total $90 million. Its balance sheet shows $1 bil
masha68 [24]

Answer:

Edelman's market/book = 2.29

Edelman's EV/EBITDA = 10.52

Explanation:

Firstly, we need to calculate enterprise value (EV) & fiem value (FV) of Edelman Engines as below:

EV =  Market value of equity + Net market value of debt

     = Stock price x Number of share outstanding + (Debt - Cash)

     = 24 x 0.3 + (3.25 + 1 - 0.09) = 11.36

FV = Market value of equity + Market value of debt

     = Stock price x Number of share outstanding + Market value of debt

     = 24 x 0.3 + 3.25 + 1 = 11.45

Edelman's market/book = FV/Total asset = 11.45/5 = 2.29

Edelman's EV/EBITDA = 11.36/1.08 = 10.52

5 0
3 years ago
The Human Resources department of Superior Catering conducted a training workshop on setting and achieving organization goals. D
Harman [31]

Answer:

The goals are not time-bound, there is no specific date as to when they should be achieved.

Explanation:

SMART goals should be:

  • Specific
  • Measurable  
  • Achievable
  • Relevant
  • Time-Bound: how long will it take DeJohn and his managers to accomplish their goals, e.g. six months, one year?

7 0
2 years ago
Give at least one example that you believe demonstrates when the cost of government actions outweighs the benefits.
Dovator [93]

Answer: The creation of a government set price for gasoline by ni government.

Explanation:

In 1970 president Nixon inteoduced a soft artificial price ceiling on gasoline in the United States. This was as a result of the OPEC crisis of 1970s. It is a good example of scenerios where the cost of government action outweighs the benefits. this was due to the creation of the government-set price which would cause the quantity demanded to be more than the quantity supplied because gasoline was cheaper now.

7 0
2 years ago
True Furniture Co., Ltd. produces desks and cabinets for computers. The production process is largely divided into woodworking a
Tanya [424]

Answer:

??????????????

Explanation:

?????????

4 0
3 years ago
Other questions:
  • Over the last four years, a stock has had an arithmetic average return of 8.8 percent. Three of those four years produced return
    9·1 answer
  • Although not recommended, some marketers decide to ignore market segmentation and target the whole market with one offer. this i
    12·1 answer
  • A property is being appraised using the gross rent multiplier. A comparable property that rents for $150 per month recently sold
    15·1 answer
  • How do businesses help a country’s economy
    8·1 answer
  • On February 1, 2021, a company loans one of its employees $29,000 and accepts a ten-month, 8% note receivable. Calculate the amo
    12·1 answer
  • The marketing activity that receives the most attention from those concerned with ethical considerations is product strategy, bu
    12·1 answer
  • QUESTION 9 of 10: You bid $111 per room per night for 40 guests for one night. The meeting planner says you've got the business
    10·2 answers
  • Santos International is a beauty salon in Texas. The salon is conveniently located in mid-town, and there is plenty of parking.
    15·1 answer
  • Compute predetermined overhead rates and explain why estimated overhead costs (rather than actual overhead costs) are used in th
    13·1 answer
  • Tight monetary policy theory dictates that when the economy is faced with inflation, the government should:______
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!