Answer:
e. 78,000 hours, 85,000 hours, and 94,000 hours.
Explanation:
The flexible cash budget is that budget which is adjusted according to the volume changes
Like in the question, it is given that
Expected machine hours = 85,000 machine hours
Drop activity = 78,000 hours
Increase in activity = 94,000 hours
So, we recognize all of three for flexible cash budget to make the comparison and take the decision accordingly based on the best performance
Answer:
The standard labor hours = $2,340
Explanation:
Standard (Budgeted) production volume = 1000 trivets
Standard direct labor hours = 2,600
This means that:
1000 Trivets = 2,600 hours
∴ 1 Trivet = 2,600 ÷ 1,000 = 2.6 hours
Therefore, standard hours for 1 Trivet = 2.6 hours
Actual production volume in May = 900 units
Since we know the standard labor hours for production of 1 Trivet, the standard hours allowed in May is calculated as follows:
1 Trivet = 2.6 hours
∴ 900 Trivets = 2.6 × 900 = 2,340 hours
∴
Answer:
The answer is: Other car makers will also lower the price of their cars.
Explanation:
The market for new cars is extremely competitive and very segmented. Car companies are continuously offering new models and technologies, and offering discounts, promotions, low interest car leases, etc.
For example; Toyota is the number one car seller in the US and its main competitor is probably Honda (since they both sell basically the same types of cars and SUVs). If it decides to offer a Thanksgiving bonus of $2,000 for purchasing a Corolla, then Honda will probably offer the same or a larger bonus for clients that buy Civics. The market is simply too competitive for allowing any promotion go unanswered by the competition.
Market failure happens if goods and services are not distributed efficiently in the economy. Externalities can either be positive or negative. Positive externalities are benefits that may be provided whereas negative externalities are costs that may be associated. Demand, supply and wanting benefits are all sources of marketing failure and externalities.
Answer:
$90,000
Explanation:
The computation of the total fixed cost is shown below:
Sales $275,000 (25,000 units × $11 per unit)
Less: Variable cost $125,000 (25,000 units × $5 per unit)
Contribution margin $150,000
Less: Pre tax income $60,000
Total fixed cost $90,000
We simply find out the contribution margin and then subtract it from it so that the total fixed cost could come