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4 years ago

Which of the following statements is (are) TRUE?

Business

1 answer:

Setler [38]4 years ago

6 0

Answer:

B. The long-run average total cost curve is derived by tracing out all of the firm's short-run average total cost curves.

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Pls help ASAP!!!

Fiesta28 [93]

Answer:

option 4

Reason:

A coupon that cost $200 to print that increases sales during the period it is valid by $500 and a 10 percent increase in returning customers. This gives the best return on investment for the marketing dollars spent.

3 0

3 years ago

Read 2 more answers

The strategic plan is designed by the executive leaders and is designed to:

antiseptic1488 [7]

Answer:

The correct answer is D. Identify where the organization is and where it wants to go

Explanation:

In an organization we have different types of plan, such as.

Strategic plan outline the mission, vision and high levels goals for the long-term future . This is a global view of the situation.

Operational plan or work plan, are the goals you have to achieve in the near future.

So, from the given options , the right answer is D. Identify where the organization is and where it wants to go

6 0

3 years ago

The Gabbana Company’s maintenance costs are a mixed cost. At the low level of activity (40 direct labor hours), maintenance cost

gayaneshka [121]

Answer:

The variable maintenance cost per unit would be $8.33 and the total fixed maintenance cost would be $267

Explanation:

The computation of the fixed cost and the variable cost per hour by using high low method is shown below:

Variable maintenance cost per unit = (High maintenance cost - low maintenance cost) ÷ (High level of activity - low level of activity)

= ($1,100 - $600) ÷ (100 direct hours - 40 direct hours)

= $500 ÷ 60 direct hours

= $8.33

Now the fixed cost equal to

= High maintenance cost - (High level of activity × Variable maintenance cost per unit )

= $1,100 - (100 direct hours × $8.33)

= $1,100 - $833.33

= $267

5 0

3 years ago

The controller of Hendershot Corporation estimates the amount of materials handling overhead cost that should be allocated to th

RSB [31]

Answer:

$1,933.32

Explanation:

Total materials handling cost for the year = $16,652.90

Total direct labor hours:

= [(Total expected units produced for wall mirrors × Expected direct labor hours per unit for wall mirrors) + (Total expected units produced for Specialty Windows × Expected direct labor hours per unit for Specialty Windows)]

= [(13,400 × 6) + (1,320 × 8)]

= 80,400 + 10,560

= 90,960

Cost per Direct labor hour:

= Total Expected material handling cost ÷ Total direct labor hours

= $16,652.90 ÷ 90,960

= $0.18308

Material handling Cost allocated to specialty windows:

= Cost per Direct labor hour × Direct labor Hours

= $0.18308 × (1,320 × 8)

= $0.18308 × 10,560

= $1,933.32

Therefore, the total materials handling cost allocated to the specialty windows is closest to $1,933.32 .

6 0

3 years ago

Balance Sheet

anyanavicka [17]

Answer:

a. current ratio = 1.98

b. average collection period = 32.85 days

c. debt ratio = 35,56%

d. total asset turnover ratio = 1.11 times

e. operating profit margin = 47,50%

f. inventory turnover ratio = 2 times

Explanation:

a. current ratio

Current ratio = Current Assets / Current Liabilities

= 3,075,000 / 1,550,000

= 1.98

b. average collection period.

Average collection period = Accounts Receivable / (Sales / 365)

= 900,000 / (10,000,000 / 365)

= 32.85 days

c. debt ratio.

Debt ratio = Interest bearing debt / Total Assets × 100

= (700,000+2,500,000)/ 9,000,000 × 100

= 35,56%

d. total asset turnover ratio.

Total asset turnover ratio = Sales / Total Assets

= 10,000,000 / 9,000,000

= 1.11 times

e. operating profit margin

Operating profit margin = Operating Profit / Sales × 100

= (4,550,000+200,000) / 10,000,000 × 100

= 47,50%

f. inventory turnover ratio

Inventory turnover ratio = Cost of Sales / Inventory

= 3,000,000 / 1,500,000

= 2 times

7 0

4 years ago