1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mandarinka [93]
3 years ago
6

American Chemical Company manufactures a chemical compound that is sold for $52 per gallon. A new variant of the chemical has be

en discovered, and if the basic compound were processed into the new variant, the selling price would be $83 per gallon. American expects the market for the new compound variant to be 8,000 gallons initially and determines that processing costs to refine the basic compound into the new variant would be $160,000.
a. What would be the effect on total profit if American produces the new compound variant?

If American produces the new compound, profit will increase/decrease by ?
Business
1 answer:
Shalnov [3]3 years ago
3 0

Answer:

If American produces the new compound, profit will increase by $88,000

Explanation:

increase in selling price = selling price of new variant of chemical - selling price of chemical compound

                                         = $83 - $52

                                         = $31

Net increase in profit = total increase in selling price - additional processing cost

                                    = $31*8000 - $160000

                                    = $248000 - $160000

                                    = $88,000

Therefore, If American produces the new compound, profit will increase by $88,000.

net increase in profit =

You might be interested in
A brief description of the key points of the business plan
Elan Coil [88]
No more than two pages and should include the most important information from each section of the plan. it should open with a compelling story to persuade the reader that the business is going to succeed. then it should support the statement gathered through market research.
4 0
3 years ago
Which of the following is a normative economic statement? The poverty rate hit a new high last year and income distribution also
gizmo_the_mogwai [7]

Answer:

The government needs to revamp the Social Security program to make it sustainable.

Explanation:

A normative economic statement is always a suggestion for the economy, whereas a descriptive economic statement is a statement providing information, as it states the facts and do not provide any suggestion.

Here, in given instance the statement,

Government needs to improve or form the Social Security Program, so that the program is sustainable, is a suggestion and not a fact.

Thus, it is a normative economic statement.

5 0
4 years ago
An employee is dissatisfied with the resolution of an ethical conflict with his supervisor at his place of employment. According
Greeley [361]

Answer: Contact the top level of the management who is not involve in the ethical conflict      

Explanation:

 According to the given scenario, an employees of an organization are basically dissatisfied with the various types of resolutions of given ethical conflicts made by the company's supervisors.

 On the basis of the institute  management accountants, the employees next step is the contact with the top level management and involve them in the decision of an ethical conflicts so that they provide an effective resolution based on the given situation.    

 Therefore, The given answer is the correct answer.    

     

7 0
3 years ago
Roderick sells restaurant supplies to eateries in western Kentucky. Because his clients do much of their own business at lunchti
antiseptic1488 [7]

Answer:

The correct answer is letter "C": prime selling time.

Explanation:

Prime selling time is best the time frame when potential consumers can be reached out to close a deal. The communications held during that time are also useful to identify core customer's needs that may allow salespeople to have a more detailed idea of what is that their clients are looking for.

6 0
3 years ago
Next, imagine that you are a manager of a start-up company with limited cash and resources. In your initial post, describe the t
marysya [2.9K]

Answer: I want employees who are like-minded with the values and best practices in my company .

Explanation: Having a candidate attraction strategy that speaks to your company culture will increase the likeliness of attracting and engaging talent who will thrive and stay with you longer.Hiring talent that doesn’t align with your company culture creates personal conflict within the employee that will no doubt impact their work and those they work with It’s your responsibility as an employer to set your employees up for success, and making sure their values and work ethic is in line with your culture before extending an offer is the very first thing you can do for them and the rest of your workforce.Company culture expresses what the organization’s expectations, values and beliefs are and how the organization interacts with both its own employees and the people in the communities in which they do business .

8 0
3 years ago
Other questions:
  • Lance Lawn Services reports warranty expense by estimating the amount that eventually will be paid to satisfy warranties on its
    13·1 answer
  • Carla Vista Co. reports a taxable and pretax financial loss of $850000 for 2018. Carla Vista's taxable and pretax financial inco
    10·1 answer
  • If the same patient has an office visit and the charge is 120.00. the patient has met the annual deductible. if medicare allows
    10·2 answers
  • Which of the following statements describes a recurring theme about today's ecological environment?
    12·1 answer
  • Licensing as a market entry mode has several disadvantages and opportunity costs, which do not include:
    12·1 answer
  • At the beginning of the year, Vici Ventures had accounts receivable of $220,000. At the end of the year, the company had account
    14·1 answer
  • Select the correct answer.
    5·1 answer
  • Which of the following budgetary entries would the town of Geneva make upon adoption of its Special Revenue Fund Budget for the
    7·1 answer
  • Covan, Inc. is expected to have the following free cash​flow:
    10·1 answer
  • CARLIN:
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!