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
vampirchik [111]
4 years ago
15

Jaybird Company operates in a highly competitive market where the market price for its product is $62 per unit. Jaybird desires

a $22 profit per unit. Jaybird expects to sell 6,200 units. Additional information is as follows: Variable product cost per unit $ 19 Variable administrative cost per unit 12 Total fixed overhead 57,000 Total fixed administrative 30,000 To achieve the target cost per unit, Jaybird must reduce total expenses by how much?
Business
1 answer:
Solnce55 [7]4 years ago
4 0

Answer:

The cost of production must decrease by $5 per unit.

Explanation:

Giving the following information:

Selling price= $62 per unit.

Jaybird desires a $22 profit per unit.

Jaybird expects to sell 6,200 units.

Variable product cost per unit $ 19

Variable administrative cost per unit 12

Total fixed overhead 57,000

Total fixed administrative 30,000

First, we need to calculate the unitary cost of production:

Unitary cost= 19 + 12 + (57,000+30,000)/6,200= $45

Target cost= 62-22= $40

The cost of production must decrease by $5 per unit.

You might be interested in
While driving recklessly, Thomas lost control of his car and accidentally drove it into the water fountain in his neighbor’s fro
irakobra [83]

Answer:

The policy should cover all the options

Explanation:

That's because we are talking about a full cover insurance. So, in all cases, the insurance must cover all the damages related with physical (include persons or material damages) or psychological injuries.

6 0
3 years ago
_____ is the total value of all the finished goods and services produced in a country over a certain period of time
Delvig [45]

Answer:

GDP (Gross Domestic Product)

Explanation:

6 0
3 years ago
Suppose the reserve requirement is 10%.
mestny [16]

Answer:

1)

B. more reserves, thus increasing the money multiplier and increasing the money supply.

In a fractional-reserve banking system, banks create money when they make loans. The more money they have available to make loans, the more money they create.

If the Fed reduces the reserve-requirements, banks will have more reserves available to loan out, increasing the money multiplier, and thus, the money supply.

2)

A. rarely changes the reserve requirement and does not use the reserve requirement as a major monetary policy tool.

The Fed rarely uses this monetary policy tool because it is the most powerful one. Changing the reserve requirements effectively reduce or increase the money supply like no other monetary policy tool, therefore, the effects can be dramatic, and its use is a sign that all other tools have been exhausted (open-market operations, and discount window mainly).

Explanation:

3 0
4 years ago
i'm doing a speech about why people give up and why they shouldnt give up what should my attention getter and my main points be?
stiv31 [10]
•Succese
•Failur
•Fear
•greatness
•Proudness
•Lifestsly
Those are a few main points you can pick from I'm not go at attention grabbers sorry
Hope this helps have a nice day (if u want me to go into more detail don't be afraid to pm me)
4 0
3 years ago
The realization that a consumer is necessary and must play a part in order to produce value is the major premise underlying the
Svetach [21]

The realization that a consumer is necessary and must play a part in order to produce value is the major premise underlying the concept of (A) value co-creation.

<h3>What is value co-creation?</h3>
  • Simply said, value creation is the process of converting resources (whether physical such as materials, or non-physical such as time) into something of perceived value.
  • Car manufacturers creating vehicles, farmers planting and harvesting crops, and banks providing mortgage loans are all examples of value production.
<h3>What is value internalization?</h3>
  • Internalization is a term used in sociology and other social sciences to describe an individual's acceptance of a system of standards and values through socialization.
<h3>What is value integration?</h3>
  • Through synergistic innovation across the nexus economy, integrated value is the simultaneous construction of several 'non-financial' capitals (particularly infrastructural, technological, social, ecological, and human capital).
<h3>Solution -</h3>

As the definition of value co-creation states that value creation is the process of converting resources into something of perceived value.

Therefore, the realization that a consumer is necessary and must play a part in order to produce value is the major premise underlying the concept of (A) value co-creation.

Know more about value internalization here:

brainly.com/question/26330420

#SPJ4

4 0
2 years ago
Other questions:
  • In decision making under ________, there are several possible outcomes for each alternative, and the decision maker knows the pr
    7·1 answer
  • Stockbrokers often believe that their own expertise will enable them to select stocks that will outperform the market average. T
    7·1 answer
  • What do you see as the major deficiencies current information systems budgeting and prioritization processes are run
    13·1 answer
  • Analyze the impact of business transactions on accounts) The following selected events were experienced by either Smith Eldercar
    14·1 answer
  • When the price of penguin patties decreases by 5%, the quantity of flopsicles sold increases by 4% and the quantity of mookies s
    11·1 answer
  • The following cost data pertain to the operations of Quinonez Department Stores, Inc., for the month of September. Corporate hea
    11·1 answer
  • Why are savings tools ideal for storing emergency savings? identify at least two reasons. (2 points?
    10·1 answer
  • What is a “balance brought forward?”How much cash did the person who filled out this deposit slip receive?
    14·1 answer
  • When Kylie bought her laptop, she searched for product information at various retail sites on the Internet which helped her deci
    9·1 answer
  • Financial statement users need to be aware of changes in inventory levels when using costing. (Enter only one word per blank.)
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!