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3 years ago

Determine the total cost for this plan given the following forecast:

Business

1 answer:

goblinko [34]3 years ago

3 0

Answer:

Month

1 2 3 4 5 6

Units

Forecasted Demand 380 400 420 440 460 480

Regular Production 400 400 400 400 400 400

Overtime 0 0 0 40 40 40

Subcontracting 0 0 0 0 20 40

Inventory at end of month 20 20 0 0 0 0

Cost

Regular Production $10,000 $10,000 $10,000 $10,000 $10,000 $10,000

Overtime production cost $0 0 $0 $1,600 $1,600 $1,600

Subcontract cost $0 0 $0 $0 $1,200 $2,400

Inventory holding cost $300 $300 $0 $0 $0 $0

Total Cost $69,000

Explanation:

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What factors determine a company’s total revenue? Do higher prices lead to increased revenues for a company?

rusak2 [61]

Revenue is calculated by the number of goods sold times the price of those goods. It is different from profit, which is revenue minus costs.

Higher prices will likely not lead to increased revenue because as prices rise, demand falls and therefore the number of units sold changes.

4 0

3 years ago

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When an employee does work necessary to remove physical dirt or food residue from a surface that is referred to as

forsale [732]

Sanitization or cleaning wiping down the counter

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3 years ago

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Which sentence in the text signifies the ‘tangibility’ of goods?

Alex Ar [27]

Which sentence............????

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3 years ago

pelase someone help me im in grade 9 intro to business i need this i have no clue and its due tonight

iren2701 [21]

Question:

Monthly BudgetAssignmentNancy and Shawn Miller are a newly married couple in their early 30s. They are currently renting a one-bedroom apartment in the city but would like to purchase a two-bedroom condominium within the next two years. Their combined gross annual income is $96 000. Each month, they pay $700 in wedding debt and $610 for student loans. Rent is $1200 and includes utilities. Their monthly transit passes cost $200. They spend $520 each month on groceries and an additional $275 for cable, Internet, and telephone. Approximately $250 is spent every month on clothing. They like to have about $350 per week in discretionary income for leisure and miscellaneous expenses, such as movies, books, and CDs. They would like to save $15 000 over the next two years for a down payment. Create a monthly budget for Nancy and Shawn. Assume tax deductions of 30 percent

Explanation:

Gross Income- 96, 000

Deductibles- $700 (wedding debt) and TAX (30%)

Necessities

Rentxxx 12000 RENT

Debt $700 (wedding debt) and 610 (student loans)

Paymentsxxx

Student Loan Payments 610 (student loans)

xxxCable, Phonexx Internet, 275 (cable, internet etc)

xGroceries 520 (groceries)

xxxTransit Passesxxx 200 (transit)

Clothes 250 (clothing)

= TOTAL COST: 15,255 INCOME AFTER COSTS: 80,745

$350 per week in discretionary income for leisure and miscellaneous expenses, such as movies, books, and CDs.

$15 000 over the next two years for a down payment

The total after paying for the above things, is 80,745. If they want 350 a week for leisure and 15000 for a down payment... they would have 65,395! :) Divide that by 12 months, and you would have 5,449!

HOPE THIS HELPS! :)

5 0

4 years ago

As of December 1, Year 2, a company obtained a $1,000,000 line of credit maturing in 1 year on which it has drawn $250,000, a $7

NISA [10]

Answer:

B) Current liabilities of $400,000; long-term liabilities of $900,000.

Explanation:

Option B, detailed as follows:

$250,000, taken from the bank's credit line that expires in 1 year, therefore, is a current Liability.

$150,000 of Current Liability that comes from the annual installments of the secured note of $750,000, the other $600,000 is Long Term.

Finally, $300,000, Long Term of 3-year balloon note.

$250,000 + $150,000 = $400,000 Current Liabilities.

$600,000 + $300,000 = $900,000 Long Term Liabilities.

5 0

3 years ago