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Vitek1552 [10]
3 years ago
5

Which of the following are the assumptions of locational cost-profit-volume analysis : (I) nonlinear variable costs. (II) fixed

costs that are constant over the range of possible output. (III accurate estimates regarding the required level of output. (IV) multiple products.
Business
1 answer:
Julli [10]3 years ago
5 0

<u>Full question:</u>

Locational cost-profit-volume analysis assumes:

(I) nonlinear variable costs.

(II) fixed costs that are constant over the range of possible output.

(III accurate estimates regarding the required level of output.

(IV) multiple products.

A. I, III, and IV only

B. II and III only

C. I, II, and III only

D. II, III, and IV only

E. I, II, III, and IV

<u>Answer:</u>

II and III only  are the assumptions of locational cost-profit-volume analysis.

<h3><u>Explanation:</u></h3>

A process of defining the number of production where a company splits still with costs and profits is the locational cost-profit-volume analysis. This system needs into account both variable and fixed determinants that impact the overall creation values.

CPV practices a linear formula that acknowledges total costs similar to fixed costs plus variable costs.  In CPV commentary, one of the numerous significant defining features of variable costs is that they vary based on variations in the amount of production.

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Ragtime Company had the following information for the year:
never [62]

Answer:

a. $437,200

Explanation:

Direct material Cost                           $117,700

Direct Labor                                        $153,800

Manufacturing Overhead                   <u>$183,600</u>

Total manufacturing Cost                                 $455,100

- Ending Work-in-Process                                 <u>$17,900   </u>

Cost of Goods Manufactured                           <u>$437,200</u>  

So, The cost of Goods manufactured was $437,200.

6 0
4 years ago
Business support systems ____. simulate human reasoning by combining a knowledge base and inference rules that determine how the
djyliett [7]

Answer:

The correct answer is Provide job-related information support to users at all levels of a company

Explanation:

Business collaboration systems (ERP) are one of the most used types of information systems. They help the managers of a company to control the flow of information in their organizations.

It is one of the types of information systems that are not specific to a specific level in the organization, but provide important support for a wide range of users. These information systems are designed to support office tasks such as multimedia systems, emails, videoconferences and file transfers.

7 0
3 years ago
You want to buy a new sports coupe for $84,500, and the finance office at the dealership has quoted you an APR of 5.2 percent fo
just olya [345]

Answer:

Ans.  Your monthly payments will be  $1,602.37  ; The effective annual rate is 5.33%

Explanation:

Hi, first, we need to convert this APR rate into an effective monthly rate, that is, dividing 0.052/12 =0.00433 (or 0.4333%). Then we need to use the following equation and solve for A.

PresentValue=\frac{A((1+r)^{n}-1) }{r(1+r)^{n} }

Where:

PresentValue= 84,500

A = periodic payments (the monthly payments that you need to make)

r = 0.004333333

n=60 months

So, let´s solve for A.

84,500=\frac{A((1+0.004333333)^{60}-1) }{0.004333333(1+0.004333333)^{60} }

84,500=\frac{0.296201791}{0.005616874} A

84,500=A(52.73427328)

A= 1,602.37

Now, in order to find the effective annual rate, we need to use the following equation.

r(EffectiveAnnual)=((1+r(EffectiveMonthly))^{12} -1

Notice that to find an effective rate you have to start with another effective rate, otherwise it won´t work. So everything should look like this.

r(EffectiveAnnual)=((1+0.004333333))^{12} -1=0.0533

Meaning that the equivalent effective annual rate to 5.2% APR is 5.33% effective annual.

Best of luck.

6 0
3 years ago
Which goal incorporates most of the criteria required for a SMART goal?
stellarik [79]

Answer:

E. Zeenat plans to become a kindergarten teacher, she has a part-time job to help finance her education and plans to obtain her graduate degree in education in three years.

Explanation:

SMART stands for SPECIFIC, MEASURABLE, ATTAINABLE, REALISTIC, TIME-HORIZON.

if look at the above answer, it has all the qualities of a SMART goal.

8 0
3 years ago
Read 2 more answers
Which strategy requires a high level of understanding of what consumers value? Multiple Choice Leadership-Focus Focused-Differen
dmitriy555 [2]

Answer:

The correct option is Focused-differentiation

Explanation:

Focused-differentiation is  a  competitive strategy that portrays a product or service as uniquely valued,hence the customers are willing to pay higher price in return for its distinguishing characteristics

Leadership-focused is about striving to be the leader in a particular market based on either cost leadership or being the leader at offering the best in class product

Cost-focus differentiation is when a producer aims at lowest cost as well as being a unique producer of best quality

Cost leadership is about being the first to reckon with when it comes offering the most competitive price.By selling at lower prices, the company is able to appeal to customers of competing brands.

8 0
3 years ago
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