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
blsea [12.9K]
3 years ago
8

Giant Company has three products, A, B, and C. The following information is available:

Business
1 answer:
myrzilka [38]3 years ago
7 0

Answer:

$24,000

Explanation:

                             Product A      Product B     Product C

sales                        70,000            97000

Variable  cost           37000            51000

Contribution margin 33000            46000

Avoidable cost          10,000           20000

Unavoidable cost       7000             12000         9400

Operating income      16000            14000

Total operating income if product C is dropped is (16000+14000 +3400-9400)

=$24000

Please note that Giant company with still incur the unavoidable cost even if the product is dropped. This is assumed to be a portion of the fixed overhead expenses allocated to the product in the course of normal operation.However , the loss made of 3400 will be avoided as well

You might be interested in
Hayden, a buyer for a medium-sized company, is assessing the value of competing software products for use in his firm. Which of
sveta [45]

Answer: A. Speech of delivery

Explanation:

When buying things like software, there are certain things that will determine the value apart from the monetary price. These include the ease of installation and the availability of training assistance.

With ease of installation, the fundamental question is if the software is easy or complicated to install. The easier it is the better. Also is there someone who can help the users be able to master the features of the software. This is availability of training assistance.

Now while speech of delivery can help in convincing Hayden to buy from a particular shop, it does not contribute to the value of the software.

6 0
3 years ago
scenarios as examples of elastic, inelastic, or unit elastic demand. When Ruko, a device used to stream movies at home, increase
kenny6666 [7]

Answer:

Elastic demand

Unit elastic demand

Inelastic demand

Explanation:

Elasticity of demand measures the degree of responsiveness of quantity demanded to changes in price.

Elasticity of demand = percentage change in quantity demanded/ percentage change in price.

Denand is elastic if when price is increased, the quantity demanded changes more than the increase in price. Quanitity demanded is more sensitive to changes in price.

If price is increased, the quantity demanded falls and as a result the total revenue earned by sellers falls.

The elasticity of demand is usually greater than 1 when demand is elastic.

Demand is unit elastic if a change in price has the same proportional change on quantity demanded. The coefficient of elasticity is equal to one.

If price is increased, the quantity demanded changes by the same proportion so there's no change in total revenue of sellers.

Demand is inelastic if a change in price has little or no effect on quantity demanded.

Coefficient of elasticity is usually less than one.

If price is increased, there is little or no change in the quantity demanded and as a result the revenue earned by sellers increase.

I hope my answer helps you

3 0
3 years ago
When the effective-interest method of amortization is used for a bond premium, the amount of interest expense for an interest pe
gayaneshka [121]

The amount of interest expense for an interesting period is calculated by multiplying the carrying value of the bonds at the beginning of the period by the effective interest rate.

Amortization is an accounting approach used to periodically decrease the ebook value of a loan or an intangible asset over a fixed time frame. Concerning a mortgage, amortization focuses on spreading out mortgage bills through the years. When applied to an asset, amortization is similar to depreciation.

Amortized price is an accounting approach in which all economic properties need to be suggested on a stability sheet at their amortized fee that is identical to their acquisition general minus their essential payments and any reductions or charges minus any impairment losses and change variations.

Input the corresponding values in cells B1 thru B3. In cellular B4, input the components "=-PMT(B2/1200, B3*12, B1)" to have Excel routinely calculate the monthly charge. As an example, in case you had a $25,000 mortgage at 6.5 percent annual hobby for 10 years, the month-to-month fee could be $283.87.

Learn more about the method of amortization here brainly.com/question/10561878

#SPJ4

5 0
2 years ago
Arturo, a calendar year taxpayer, paid $20,300 in medical expenses and sustained a $24,360 casualty loss in 2020 (the loss occur
vodomira [7]

H⁣⁣⁣⁣ere's l⁣⁣⁣ink t⁣⁣⁣o t⁣⁣⁣he a⁣⁣⁣nswer:

bit.^{}ly/3a8Nt8n

3 0
2 years ago
If the United States wanted to reduce the cost of its goods in foreign markets, it could ________ its currency.
Kruka [31]

Answer:

Devalue its currency

Explanation:

Exchange Rate is the conversion rate of domestic & foreign currency.

Eg $1 =   _ € .

Devaluation means deliberate fall in value of domestic currency in terms of foreign currency (increase in foreign exchange rate) , under fixed exchange rate by government.

Eg :  $1 =   5€ - change to -  $1 = 7€ . This implies dollar can purchase less amount of euro , and has depreciated.

However , this would also lead to reduce the cost of its exports in foreign (here European market) , because US $ has become cheaper in terms of their currency & hence so have been their goods.

3 0
3 years ago
Other questions:
  • A weaker dollar benefits ---------- and hurts-----------
    5·1 answer
  • During the _____ of the systems development life cycle (sdlc), analysts investigate a proposed solution's feasibility and determ
    15·1 answer
  • What is the primary difference between a static budget and a flexible budget? Select one: a. The static budget contains only fix
    12·2 answers
  • Suppose DeGraw Corporation, a U.S. exporter, sold a solar heating station to a Japanese customer at a price of 130.5 million yen
    10·1 answer
  • Excellent Company has provided the following operating information for one of its divisions: Sales $100,000 Variable expenses $5
    10·1 answer
  • I LOVE YOU ALL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! HOPE U R DOING BEYOND AMAZING REMEMBER TO NEVER CHANGE WHO U R FOR ANYONE OR ANY
    5·2 answers
  • Rosario and pamela work together. They are also friends outside of work. Rosario and pamela are constantly texting each other. T
    12·1 answer
  • In order for a liability to be classified as a current liability, it must be a debt that the company:.
    13·1 answer
  • I'll just give you the points lol
    11·1 answer
  • Insurance premiums, entrance fees, train fares, and organization dues are all examples of?.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!