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3 years ago

The relevant range of activity refers to the_______________.

Business

1 answer:

UNO [17]3 years ago

8 0

Answer:

The correct answer is option c.

Explanation:

The relevant range of activity can be defined as a specific level of activity, bounded by a maximum and minimum level. In this range, the customer based behavior remains valid. The revenue, costs, etc are at certain expected levels.

Outside of this range, revenue earned and costs incurred will differ from the expected amount. A company is expected to operate in this range.

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Ronnie operates a lawn-care service. On each day, the cost of mowing the first lawn is $15, the cost of mowing the second lawn i

Flauer [41]

Answer:

. $45

Explanation:

Let X be the amount of equal charges per customer.

Therefore,

X-12+X-25+X-40+X=100.

4X-77=100

4X=177

X=44.25

Approximately $45

8 0

4 years ago

Read 2 more answers

Say that the average worker in Canada has productivity of $33 per hour while the average worker in the United Kingdom has produc

12345 [234]

Answer:

The answer is: Canadian workers will still have a higher productivity, it will be $0.40 per hour higher.

Explanation:

We can elaborate the following productivity table:

Year Canadian productivity British productivity

0 $33 per hour $29 per hour

1 $33.33 per hour $29.87 per hour

2 $33.66 per hour $30.77 per hour

3 $34 per hour $31.69 per hour

4 $34.34 per hour $32.64 per hour

5 $34.68 per hour $33.62 per hour

6 $35.03 per hour $34.63 per hour

At the end of year 6, Canadian workers' productivity will be $35.03 and British workers' productivity will be $34.63 per hour (Canadian workers will be $0.40 more productive).

6 0

3 years ago

On June 2nd, SEAkayak had the following details for its common stock: 1,000,000 shares authorized, 400,000 shares issued, and 40

kompoz [17]

Answer:

The authorized common stock shares remain 1,000,000 shares.

Explanation:

The authorized shares are not affected by movements in the shares, like issue of shares, repurchase, and resale of treasury stock shares. The authorized shares, therefore, represent the number of shares that the company is legally bound to issue without exceeding. The implication is that the company is free to issue shares less than or equal to the authorized shares, but it may not issue more than the authorized until it obtains a new authorization.

The movements are accounted for in separate accounts called Issued Common Stock Account and Treasury Stock Account. The treasury stock account is a contra account to the Common Stock.

3 0

3 years ago

Ramirez Company sells a product for $80 per unit. The variable cost is $60 per unit, and fixed costs are $4,850,000. Determine (

labwork [276]

Answer:

(A) Break even will be $19,400,000 or 242,500 units
(B) Target profit in sales units will be 267,500 units

Explanation:

Break Even Point (dollars) = Fixed Cost / contribution margin ratio

Break Even Point (units) = Fixed Cost / contribution margin per unit

Contribution Margin Unit = Sales Price - Variable Cost = 80 - 60 = 20

Contribution Margin Ratio = Contribution per unit / Sales Price = 20 / 80 = 0.25

Break even will be $19,400,000 or 242,500 units

<u>Remember: </u>

Contribution Margin will be sales minus variable cost

while the ratio is doing the contribution over the sales price

Trget profit (units) = target profit / contribution per unit +BEP =

500,000/20 + 242,500 = 267,500

or (target profit + fixed cost) / contribution margin per unit =

(4,850,000 + 500,000) / 20 = 267.500

<u>Remember:</u>

Target profit always must be higher than BEP (break-even point) If not, either or both are wrong, because in order to make gains, first you need to pay the fixed cost (BEP) so target profit number needs to be higher than that, always.

4 0

3 years ago

Net exports are negative when: A) a nation's imports exceed its exports. B) the economy's stock of capital goods is declining. C

puteri [66]

I think it’s d chose d and let me know!!

8 0

3 years ago