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Ronch [10]
3 years ago
6

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, faced costs increase because more space must be rented, and additional supervisors must be hired. The production range between 1120,000 and 150,000 is called the: a) differential range. b) median range c) relevant range d) leverage range
Business
1 answer:
SVETLANKA909090 [29]3 years ago
7 0

Answer:

The production range between 1120,000 and 150,000 is called Relevant range

correct option is c) relevant range

Explanation:

given data

normally produces = 120,000 to 150,000 units

to find out

The production range between 1120,000 and 150,000 is called

solution

The production range between 1120,000 and 150,000 is called Relevant range because there are 2 point

  • if Craft, Inc. need to reduce fixed expenses then production volume is reduce less than 120000 unit
  • if Craft, Inc. need to increase fixed expenses than production volume is increases more than 150000 unit

and if expected fixed expenses will not change than the production volume is 120000 units to 150000 units

so that production range between 1120,000 and 150,000 is called Relevant range

correct option is c) relevant range

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You have determined that you will need to accumulate​ $1,000,000 in your retirement account in order to cover your inflation adj
spayn [35]

Answer:

$3,860 will be needed to put into a tax-deferred retirement account every year if you plan on retiring in 40 years

Explanation:

Use Following formula to calculate the monthly payment required.

FV = P x [ ( ( 1 + r )^n ) - 1 ) / r ]

FV = Future Value = $1,000,000

R = RATE OF RETURN = 8%

N = NUMBER OF YEARS = 40 YEARS

P = Monthly Payment

$1,000,000 = P x [ ( ( 1 + 0.08 )^40 ) - 1 ) / 0.08 ]

$1,000,000 = P x [ ( ( 1.08 )^40 ) - 1 ) / 0.08 ]

$1,000,000 = P x 259.06

P = $1,000,000 / 259.06

P = $3,860.16

7 0
3 years ago
What do we call staff members who prepare and serve food and drinks to customers attending events at a stadium?
Anastaziya [24]

We call them Concession staff. Concession staff set up the drinks, clean, serve drinks to customers while working as staff at a stadium. This can be at a Football game, Baseball etc. Keep in note that in some areas other places call them different names but the most common name is a Concession staff.

7 0
3 years ago
On December 31, 2015, Wintergreen, Inc., issued $150,000 of 7 percent, 10-year bonds at a price of 93.25. Write down the necessa
maria [59]

Answer:

December 31

DR Cash $139,875

DR Discount on Bonds Payable $10,125

CR Bonds Payable $ 150,000

Explanation:

Cash

Because Wintergreen is selling at $93.25 when Par Value is usually at $100, they are selling at a discount.

Cash Received = 150,000 * 93.25/100

= $139,875

Discount on Bonds

= 150,000 - 139,875

= $10,125

8 0
3 years ago
WILL MARK BRAINLIEST<br><br>List four ways that you might expand your substitute resources.​
Anarel [89]

- add new products to the mix

-expand into new territories

- target new customer markets

- sell more products/ services to your existing customers

5 0
3 years ago
2014, Herron Resources purchased Stinson Tile for $4.5 million. On December 31, 2020, the Stinson division reported net assets o
V125BC [204]

Answer:

Loss on impairment 1,700,000

                                   Goodwill           1,700,000

Explanation:

Herron Resources has an impairment for The Stinson division.

The Stinson division reported net assets of $5,600,000 (including $1,800,000 of goodwill) and the fair value is estimated to be only $3,900,000.

So  $5,600,000 - $3,900,000 = $ 1,700,000

This is how we recognize as an impairment so we need to register the loss and the - at the Goodwill:

Loss on impairment 1,700,000

                                   Goodwill           1,700,000

5 0
3 years ago
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