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pogonyaev
3 years ago
6

Units produced and sold 600,000 units Selling price $ 35 / unit Variable manufacturing costs $ 20 / unit Fixed manufacturing cos

ts $ 1,200,000 / yr. Variable selling and administrative costs $ 6 / unit Fixed selling and administrative costs $ 950,000 / yr. Geneva receives a purchase order to make 5,000 dolls as a one-time event. The good news is that this order is during a period when Geneva does have sufficient excess capacity. What is the lowest selling price Geneva should accept for this purchase order?
Business
1 answer:
Kazeer [188]3 years ago
8 0

Answer:

The lowest selling price Geneva should accept for this purchase order is $20 per unit

Explanation:

Geneva produced dolls with Variable manufacturing costs $20 per unit.

Geneva receives a purchase order to make 5,000 dolls as a one-time event and this order is during a period when Geneva does have sufficient excess capacity.

Fixed cost did not change and there was no Variable selling and administrative costs for this order.

The lowest selling price Geneva should accept for this purchase order = Variable manufacturing costs = $20 per unit

You might be interested in
Durable goods $3,000 Services 6,000 Business purchases of capital goods 400 Fixed investment 850 Exports 600 Imports 800 Nondura
ASHA 777 [7]

Answer:

$9,700

Explanation:

The computation of the consumption is shown below;

= Durable goods + Services + Non-durable goods

= $3,000 + $6,000 + $700  

= $9,700  

We simply added the durable goods, services and the non-durable goods so that the consumption could be come

Hence, the consumption is $9,700

Therefore the same is to be considered

6 0
3 years ago
Answer the following question using this order book: Order Book Example Buy Orders (Bids) Sell Orders (Asks) Amount Price Amount
Murljashka [212]

The spread for this security after an investor submits a sell order for 185 shares at $41.87 is c.) <u>$0.38</u><u>.</u>

<h3>What is the spread?</h3>

The spread is the gap or difference between the bid and the ask prices of a security or asset, like a stock, bond, or commodity

The spread is commonly known as a bid-ask spread.  This implies that while the investor is bidding to sell the security at $41.87, it could be sold for $42.25, giving a difference (spread) of $0.38 per share.

<h3>Data and Calculations:</h3>

Buy Orders (Bids)        Sell Orders (Asks)

Amount       Price         Amount          Price

63              $42.15            3               $42.16

36              $42.12          68              $42.22

112             $41.99          113              $42.25

 3             $41.88             9              $42.44

Spread at a ask price of $42.25 = $0.38 ($42.25 - $41.87)

<h3>Answer Options:</h3>

a.) 0.01

b.) 0.29

c.) 0.38

d.) 0.17

Thus, the spread for this security after an investor submits a sell order for 185 shares at $41.87 is c.) <u>$0.38</u><u>.</u>

Learn more about security spreads and bid and askprices at brainly.com/question/14467928

7 0
2 years ago
The three components of pension expense that are present most often are:______.
Feliz [49]

Answer:

C. Service cost, interest cost, and expected return on plan assets.

Explanation:

  • A pension expression is an amount that the business charges to expense in relation to the liabilities of the pension payable of the employees and the amount of the expense vary and depends on whether the person is and to benefit from it  
  • <u>The components of the pension plan include the Service Cost, Interest Cost, the Return on Plan Assets, and the Prior Service Cost, and all the Gains and Losses. </u>
  • The service cost includes the future compensation of the employees. The interest cost is his is interest in the projected benefit obligation.  
  • <u>The Actual rate of return on an asset plan is the ending plan assets, that forms the contribution and benefit payments, the gain or the loss resulting from changes in the value of a projected benefit</u>
5 0
3 years ago
2. An open-end mutual fund has the following stocks: Stock Shares Stock Price A 13,500 $83 B 33,000 16 C 20,000 59 D 71,000 21 T
Ivenika [448]

Answer:

NAV=$63.114615

The NAV of the fund=$63.114615

Explanation:

Stock             Shares        stock Price

A                    13,500          $83

B                    33,000          $16

C                    20,000         $59

D                    71,000          $21

Total Assets= (  13,500*$83)+(   33,000*$16)+( 20,000*$59)+(71,000*$21)

Total Assets= $4,319,500

Formula for NAv:

NAV=\frac{Total Assets-\ Liabilities}{Total/ Shares}

NAV=\frac{\$4,319,500-\$215,000}{65000}

NAV=$63.114615

The NAV of the fund=$63.114615

6 0
3 years ago
What must be shown to prove negligence that is not needed to prove strict
Readme [11.4K]

Answer:

A. Injury

Explanation:

Given that for strict liability, the defendant is only liable to accidents he or she causes, that is to prove strict liability, the plaintiff must show

cause and damages. Whereas on negligence, it is required of a plaintiff to show duty, breach, cause, and injuries.

Hence, what must be shown to prove negligence that is not needed to prove strict is "Injury" as it covers a lot of factors including both cause and damages of strict liability.

5 0
3 years ago
Read 2 more answers
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