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Lostsunrise [7]
3 years ago
7

Robusta Coffee Importers sold 6 comma 000 units in October at a sales price of $ 35 per unit. The variable cost is $ 15 per unit

. The monthly fixed costs are $ 10 comma 000. What is the operating income earned in​ October?
Business
1 answer:
yanalaym [24]3 years ago
7 0

Answer:

Operating Income= $110,000

Explanation:

Giving the following information:

Robusta Coffee Importers sold 6,000 units in October at a sales price of $35 per unit. The variable cost is $ 15 per unit. The monthly fixed costs are $10,000.

The operating income is the difference between the contribution margin and the fixed costs:

Contribution margin= selling price - unitary variable cost

Operating income= Total contribution margin - fixed costs

OI= 6,000*(35 - 15) - 10,000= $110,000

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A humane society reports that 19% of all pet dogs were adopted from an animal shelter.Assuming the truth of this assertion, find
Aneli [31]

Answer:

The probability of pet dogs adopted between 15% and 20% is 0.4096.

Explanation:

Let <em>X</em> = number of pet dogs adopted from an animal shelter.

The proportion of pet dogs adopted from an animal shelter is, <em>p</em> = 0.19.

The sample of pet dogs selected is of size, <em>n</em> = 80.

A Normal approximation to Binomial can be applied in this case since,

  • np = 80 × 0.19 = 15.2 > 10
  • n(1 - p) = 80 × (1 - 0.19) = 64.8 > 10

So the sample proportion (\hat p) of pet dogs adopted from an animal shelter follows a normal distribution.

Mean of \hat p is:

\mu_{\hat p}=p=0.19

Standard deviation of \hat p is:

\sigma_{\hat p}=\sqrt{\frac{p(1-p)}{n} }

Compute the probability of \hat p between 15% and 20% as follows:

P(0.15\leq \hat p\leq 0.20)=P(\frac{0.15-0.19}{0.044}\leq  \frac{\hat p-\mu_{\hat p}}{\sigma_{\hat p}}\leq \frac{0.20-0.19}{0.044}} )\\=P(-0.91

Thus, the probability of pet dogs adopted between 15% and 20% is 0.4096.

8 0
3 years ago
The financial perspective of the balanced scorecard is concerned with
Pavel [41]

Answer:

D. The​ company's ability to improve and create value

Explanation:

The financial perspective is concerned the businesses are still very much in increasing the revenue and focus how to curtail the cost so as to be increasing the profit and creating value for the concern. So here balanced score card is used to assess businesses meeting their financial goal to what extent.

3 0
3 years ago
Sustainability is:
daser333 [38]

Answer:

Option c) the ability to sustain long term bottom line growth with stable supply base.

Bottom line or the triple bottom line includes three-dimensions people, profit and planet. TBL focuses on such sustainability by understanding the impact of organization's activities on profitability, society and the environment altogether.

8 0
3 years ago
Toyota, the giant global automaker, paid a heavy price for its ___________ emphasis on cost control. The resulting problems with
Dafna1 [17]

Answer:

The options for this question are the following:

A. Minimal

B. Superficial

C. Low-budget

D. Excessive

The correct answer is D. Excessive.

Explanation:

In this case, it is useful to consider that cost control is the procedure that allows companies to carry out the regulatory and protection processes against what the client expects to receive. Toyota is a well-known brand, and poor cost management can have an impact on the inflation of its costs and therefore the price of its cars rises considerably. Excessive costs negatively influence the companies' results, and therefore their correct management influences optimal results for the operation.

8 0
3 years ago
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A Romer economy starts off with an initial stock of ideas equal to 100. The total population in the economy is 60, two of the wo
Reptile [31]

The stock of ideas in period 10 is 122.

<u>Explanation:</u>

  • A stock thought is the underlying driving force to examine a potential value venture. A stock thought is the initial phase in a procedure of screening, research, and judgment that eventually prompts a choice to put or not put resources into a given stock.  
  • The Stock of ideas in period t is equivalent to and is the efficiency parameter of the examination division (0.01), is the part of the populace that works in look into () and is the all out populace in the economy.

      Stock of ideas = initial stock idea(1 + productivity parameter  2)^10  

                               = 100(1 + 0.01 x 2)^10  

      Stock of ideas = 122.        

6 0
3 years ago
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