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Studentka2010 [4]
4 years ago
11

Derst Inc. sells a particular textbook for $140. Variable expenses are $25 per book. At the current volume of 6,000 books sold p

er year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total: A) $400,000 B) $690,000 C) $840,000 D) $150,000
Business
1 answer:
mamaluj [8]4 years ago
4 0

Answer:

Option (B) is correct.

Explanation:

Given that,

Selling price of a product = $140 per textbook

Variable expenses = $25 per book

Books sold per year = 6,000 books (It is the break even point)

The break even point indicates that there is no profit or loss incurred at the sales.

This means that the sales revenue is equal to the total cost incurred to produced these goods.

Sales per unit - Variable cost per unit - Fixed costs per unit = 0

$140 - $25 - Fixed costs = 0

$115 = Fixed costs per unit

Therefore, the total amount of fixed cost is calculated as follows:

= Fixed cost per unit × Number of books sold

= $115 × 6,000

= $690,000

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Karena was laid off, but she is expecting to be recalled. She has not looked for work since being laid off. Nathan is not employ
AlexFokin [52]

Answer:

B. 1) Karena and 2) Nathan, if Nathan has looked for work during the previous four weeks

Explanation:

Both Karena and Nathan are counted as unemployed according to the U.S labor force statistics.

Unemployment refers to the inability of a willing and able Individual who falls in the labor force category of a country to get a suitable job.

The labor force age group of countries differ from each other but it is usually between the age of 18-65 years.

Unemployment is a situation in which a person who is willing to work coupled and has ability(phycal, emotional) to work does not get a job.

There are different types of unemployment which includes:

1. Structural unemployment

2. Cyclical unemployment

3. Seasonal unemployment

4. Frictional unemployment

5. Underemployment

5 0
3 years ago
Providing a great shopping experience to customers is one of the important objectives of Purple Fashions Inc., a clothing store.
Aleks04 [339]

Answer:

Organizational effectiveness

Explanation:

Organizational effectiveness is the process by which an organization is effective at achieving its required goals and objectives. The principles by which an organization can achieve its objective are:

1) Leadership: the manager must define key objective an execute them daily in other to achieve high productivity.

2) Communication: the manager must ensure that his or her message is understood consistently in other to achieve outstanding results.

3) Accountability: the manager must ensure that his or her employees are well disciplined and has the ability to learn new things.

4) Measurement: the manager must be able to measure the work progress to know if the organization is running at a profit or loss.

8 0
3 years ago
For each example, select the section of the career plan that best corresponds with this information. I am very good at interacti
aleksklad [387]

Answer:

The sections of the career plan that best corresponds to the following information are:

Self-assessment. I am very good at interacting with young children.

Career exploration. I will need to complete an apprenticeship.

Career identification. Within ten years, I will take and pass an exam to be licensed as a Lawyer.

Action plan. I will start and run my own car repair company.

Explanation:

The reasons behind those answers are: First self-assessment consists of identifying our strengths and opportunity areas. Second, career exploration consists of the things I need to do to find my vocation and be ready for the labor market. Career identification because once the path is decided the subject needs to identify his or her area of preference to be the professional she or he wants to be. The action plan, it describes the process to achieve the objective of the subject considering the objective.

4 0
3 years ago
Read 2 more answers
Wentworth's Five and Dime Store has a cost of equity of 11.4 percent. The company has an aftertax cost of debt of 5 percent, and
Irina-Kira [14]

Answer:

WACC = 6.66 %

Explanation:

<em>Weighted average cost of capital is the average cost of all of the long-term types of finance used by a company weighted according to the that amount of finance used in relation to the total pool of fund</em>

WACC = (Wd×Kd)  +  (We×Ke)

After-tax cost of debt = Before tax cost of debt× (1-tax rate)

Kd-After-tax cost of debt = 5%

Ke-Cost of equity = 11.4%

Wd-Weight f debt -74%

We-Weight of equity = 26%

WACC = (0.74× 5%)  + (0.26 × 11.4%) = 6.66 %

WACC = 6.66 %

8 0
4 years ago
If someone produced too little of a good, this would suggest that rational choice cannot be applied to many economic decisions.
juin [17]
If someone produced too little of a good, this would suggest that the good was produced to the point where its marginal benefit exceeded its marginal cost.
Both are metrics used in economics for measurement of costs and benefits.
Marginal benefit is the gain the business receives for doing anything "one more time.", while marginal cost is the additional cost the business incurs to produce one more unit.
This means that if someone produced too little of a good, the business gained more than it lost.
8 0
4 years ago
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