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olya-2409 [2.1K]
3 years ago
7

Your company has a fixed monthly operating cost of $4173 (rent, fixed utilities, etc.) on top of the $5.13 it costs you to make

each t-shirt. Write a linear equation expressing your total monthly expenditures/costs as a function of price per t-shirt. Again, please be explicit about what your chosen variables represent
Business
1 answer:
Nana76 [90]3 years ago
3 0

Answer:

Y = $4,173 + ($5.13)X

Explanation:

A fixed monthly operating cost of $4,173 is a monthly cost that will not change no matter the number or unit of t-shirt produced, while $5.13 is the variable costs of making each t-shirt. This can be presented in a linear equation as follows:

Y = a + bX .............................. (1)

Where,

Y = Total monthly cost of producing shirts

a = fixed cost = $4,173

b = variable cost of each shirt = $5.13

X = number of shirts produced

Using the values already given, equation (1) can be rewritten as follows:

Y = $4,173 + ($5.13)X .............................. (2)

Equation (2) is the required linear equation.

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AE Corp. completed the following transactions during Year 1: Issued 3,000 shares of $10 par common stock for $25 per share. Repu
AleksandrR [38]

Answer:

4,700 shares

Explanation:

The computation of the number of shares of common stock outstanding at the end of the period is shown below

= Beginning shares + issued shares  - repurchase shares + reissue shares

= 2,000 shares + 3,000 shares - 500 shares + 200 shares

= 4,700 shares

We applied the above equation to find out the number of shares outstanding at the end of the year

6 0
3 years ago
The salary for an occupation is determined by the federal government <br> True or false?
strojnjashka [21]

Answer:

No the given statement is not correct.  

Explanation:

Federal Government does not determine the pay structure for any occupation. Each occupation determine its own salary structure. For example, the doctors would determine their own fee that they would charge to the patients, schools will determine their fee that they would charge from students, lawyers determine their own fee, and the examples are countless. Government sometimes only sets the minimum level of wage that must be paid to a worker. For example government can put a base at 10 dollars wage rate that has to be given to the worker working for you. So you must give the worker at least $10, but you can give him $15 or $20, as much as you like and as much as he charges you, but you can't give him less than 10 dollars

6 0
3 years ago
Read 2 more answers
Oak Tree Farms has common stock outstanding at a price of $13 a share. The total market value of the equity is $435,000. How man
vlada-n [284]

Answer:

13,384.62 shares

Explanation:

Current number of shares = $435,000 / $13

Current number of shares = 33461.53846154

Current number of shares = 33,461.54 shares

Stocks outstanding after the reverse stock split = (33,461.54 shares / 5)*2 = 13384.616 = 13,384.62 shares.

So, 13,384.62 shares of stock will be outstanding if the firm does a reverse stock split of 2-for-5.

3 0
3 years ago
Ted Thompson is responsible for two departments that continually set conflicting goals. Ted must get involved in ____ to achieve
VMariaS [17]

Answer:

Business Optimization

Explanation:

Business optimization refers to the procedure of evaluating an enterprise's effectiveness, competitiveness and success and seeking ways of improving that behavior. It is considered a natural methodology of administration which can be seen as a practice of calculation, change, and measurement.

In other words, Business process optimization refers to the method of enhancing procedures by growing the operational performance. This is a part of business systems integration (BPM) framework. Integrated processes contribute to business objectives which are optimized.

4 0
2 years ago
Nike decides to invest $60,000,000 into a shoe factory in Vietnam. What is the opportunity cost in this situation
Sergeu [11.5K]

Based on the payoff of the other investment alternatives, Nike's opportunity cost is<u> $600,000.</u>

<h3>What is Opportunity Cost?</h3>
  • It refers to benefits forgone when an alternative is picked instead of another alternative.
  • Is calculated as the payoff from the next best investment.

The next best investment was the $600,000 Nike was making per year on its money market account which makes this amount the opportunity cost of investing in Vietnam.

Find out more on opportunity cost at brainly.com/question/1549591.

3 0
2 years ago
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