<u>Answer:</u>
Variable expenses are generally the principal costs that individuals attempt to slice when they have to begin setting aside cash. Sadly, factor expenses are additionally the absolute hardest costs to reduce, because it requires an everyday pledge to cheap essential leadership.
It is important to start reducing costs, take a consideration at both your variable fixed costs. Dedicating a Saturday evening to looking into the majority of your memberships, protection designs, and repeating month to month bills may assist you with cutting the expenses .
Answer:
True
Explanation:
Outsourcing is when a company gives some of its internal activities to an external party that takes the responsibility to get things done and one of the reasons for a company to do this is to get rid of activities that have to get done but that are not part of their core operations to be able to concentrate on their main activity and get those things done by experts which can help increase productivity. According to that, the answer is that the statement is true.
Answer:
a.) Increasing the opportunity cost of holding money, a high interest rate reduces the quantity of money demanded. This will lead to movement up and to the left along the money demand curve.
b.) A 10% fall in prices will reduce the quantity of money demanded at any given interest rate, which will cause the money demand curve to shift leftward.
c.) This technology change will reduce the quantity of money demanded at any given interest rate, so it will shift the money demand curve leftward.
d.) Payments in cash will require employers to hold more money which will increase the quantity of money demanded at any given interest rate, this will lead to shift in the money demand curve rightward.
I hope these helps, please give brainliest if it does.
Answer:
The operating income will increase by $13,000.
Explanation:
Giving the following information:
Sales revenue
Total= $490,000
Luxury= $360,000
Sporty= $130,000
Variable expenses:
Total= $355,000
Luxury= $235,000
Sporty= $120,000
Contribution margin
Total= $135,000
Luxury= $125,000
Sporty= $10,000
Fixed expenses:
Total= $78,000
Luxury= $39,000
Sporty= $39,000
Operating income (loss):
Total= $57,000
Luxury= $86,000
Sporty= $(29,000)
New Income Statement:
Sales= 360,000
Variable costs= 235,000 (-)
Contribution margin= 125,000
Fixed costs= 39,000 + 16,000= 55,000
Operating income= 70,000
The operating income will increase by $13,000.
Answer:
25 seats
Explanation:
Calculation to determine By how many seats should Super Discount overbook the fight
First step is to calculate the Critical ratio=
Using this formula
Critical ratio=Cu/Cu+Co
Where,
Cu represent cost of underetimating the demand =$134
Co represent the cost of overestimating the demand $263
Let plug in the formula
Critical ratio=$134/$134+$263
Critical ratio=$134/397
Critical ratio=0.3375
Second step is to find the z-score that yields a p-value of 0.3375 using excel's normsinv() function which gives us -0.4193.
Now let determine how many seats should Super Discount overbook the fight
Numbers of seats to overbook the fight=35+ (-0.4193 x 24)
Numbers of seats to overbook the fight= 35 - 10.0632
Numbers of seats to overbook the fight = 24.9368
Numbers of seats to overbook the fight = 25
(Approximately)
Therefore the numbers of seats that super discount airlines should overbook the flight is 25 seats.
