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Serggg [28]
3 years ago
15

How and why do congress and the president rely on administrative agencies?

Business
1 answer:
GREYUIT [131]3 years ago
3 0
<span>The Constitution makes it clear that the Congress, rather than the President of the United States, has power to assign</span>
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During 2017, Fanning Manufacturing Company incurred $64,400,000 of research and development (R&amp;D) costs to create a long-lif
Tpy6a [65]

Answer:

Since the question involves multiple steps, please refer to the explanation section for a point-wise answer

Explanation:

(a) Imagine a "stream" to mean the flow of the product from the inception of the idea to the sale of the final output. Therefore, upstream and downstream costs are those are those that club various segments of cost during the manufacturing & selling process on the basis of when the cost is incurred in this cycle. Up-stream costs include the costs incurred before the beginning of the manufacturing process. Therefore, product design, structuring of packaging, R&D are all considered upstream costs. Downstream costs are incurred during the production process and the subsequent sale and customer service expenses. In the context of the question, Upstream costs for Fanning Manufacturing would be R&D expenses. Downstream cost include Manufacturing costs, packaging, shipping, and sales commission.

(b) Cost of Goods Sold (COGS) would be the amount of units sold (i.e $407,000) multiplied by the manufacturing costs ($66). Therefore, COGS would be $26,862,000.

A total of 446,000 units were produced which means the inventory costs (units x manufacturing costs) would be $29,436,000. Out of this $26,862,000 were expensed out as COGS. Therefore, ending inventory balance would be the differential amount of $2,574,000.

(c) Fanning wants to earn a profit margin of 30% of the total cost of developing, making and distributing the batteries. Therefore the company wants a profit equivalent to 30% of all the costs incurred from R&D to sales commission. Total cost is COGS+Selling, Packaging, shipping, sales commission + R&D which is $94,518,000. 30% of this is $28,355,400. So, sales revenue should be this amount PLUS all the costs incurred which would be $122,873,400 (<em>this is assuming no other expenses like interest and taxes and other income).</em>

Sales per unit (or sales price) would therefore be $122,873,400/407,000 units sold = 301.9 ≅ $302 per unit

(d)

Sales                                                                 122,914,000.00  

Cost of Goods Sold                                         (26,862,000.00)

Gross Profit                                                        96,052,000.00  

Selling, General & Administrative Expenses  (3,256,000.00)  

Research & Development                                (64,400,000.00)

Operating Profit/Net Profit                                 28,396,000.00  

Note: <u>Again, this is assuming no other income and expenses. Since interest and tax expenses are assumed to be zero, operating income is equal to net income</u>

3 0
3 years ago
A recent national survey of U.S. adults revealed that 52% reported that they considered or made a career decision, such as looki
Maslowich

Answer:

The options for this answer are the following:

A. Lack of medical coverage

B. Sexual harassment at workplace

C. Stress in the workplace

D. Lack of upward mobility

The correct answer is C. Stress in the workplace .

Explanation:

Occupational stress is a type of stress associated with the scope of work that can be punctual or chronic, although most cases respond to the second type mentioned.

Positive stress (eustress) refers to when the stress response occurs in an adaptive way, the consequences of such response do not harm the integral health of the subject and its duration is coupled with the duration of the stress stimulus, eg, the response of stress that is triggered during your first day of work is adaptive (positive stress) because it implies that you have to be alert to attend to new stimuli (tasks, bosses, colleagues, company procedure, etc.).

When does this response cease to be adaptive and therefore can it become negative stress? Well, if this stress lasts more than a month, the response intensifies over time and begins to interfere with the worker's health (insomnia, tachycardia, anxiety, depression, among others) appear, it would be a case of negative work stress and measures should be taken.

8 0
3 years ago
Which of these forms should you use to file your tax return?
Andrew [12]
You need to file W-2
6 0
3 years ago
A coase solution to a problem of externality ensures that a socially efficient outcome is to
agasfer [191]

A coase solution to a problem of externality ensures that a socially efficient outcome is to maximize the joint welfare, irrespective of the right of ownership.

Explanation:

In law and in economics the Coase theorem explains the economic efficiencies in the existence of externalities. The economic efficiency of economic allocation or outcome. In practice, barriers to negotiation or poorly defined rights of property can prevent coasean negotiations.

The private external solutions include, for the benefit of the relevant parties, moral codes, charities and business fusions and contracts. In the theorem, two parties can bargain and obtain an optimal outcome in the presence of an externality when transaction cost is low.

4 0
3 years ago
Which statement is false?
Tamiku [17]
The answer is <span>The start-up costs in a monopolistically competitive industry are low.</span>
8 0
3 years ago
Read 2 more answers
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