Answer:
None of the fixed costs are avoidable. Therefore the company now loses all the fixed costs and the positive contribution margin.
Explanation:
Giving the following information:
Wood Aluminum Hard Rubber
Total Sales $65000
Variable expenses (58000)
Contribution margin 7000
Fixed expenses (22000)
Net income (loss) (15000)
Effect on income= -22,000 - 7,000= -29,000
None of the fixed costs are avoidable. Therefore the company now loses all the fixed costs and the positive contribution margin.
Answer: The chances of occurrence of tail when we toss the coin is 50% which can be explained by the following formula:
Probability = Number of favorable events / # of Total event
Here the number of Total events = 2^3 =8
Number of total events can also be found by following Way:
1. Head, Head, Head
2. Head, Head, Tail
3. Head, Tail, Tail
4. Tail, Tail, Tail
5. Tail, Tail, Head
6. Tail, Head, Head
7. Head, Tail, Head
8. Tail, Head, Tail
This implies
Number of favorable events = 1 & Number of Total events = 8
By putting values:
Probability = 1 / 8 = 12.5%
So the chances of winning $10 is 12.5% whereas loosing $2 is 87.5%.
If the supply curve for a product is vertical, then the elasticity of supply is equal to zero.
Deliver curve, in economics, photo representation of the relationship between product charge and the amount of product that a dealer is inclined and able to deliver. Product rate is measured on the vertical axis of the graph and the amount of product provided on the horizontal axis.
The supply curve is a graphic representation of the correlation between the fee of terrific service and the amount supplied for a given duration. In a regular illustration, the price will seem on the left vertical axis, even as the amount provided will seem on the horizontal axis.
Deliver curve shift: changes in production fees and associated factors can purpose an entire supply curve to shift proper or left. This reasons a higher or decreased amount to be supplied at a given price. The ceteris paribus assumption: supply curves relate charges and quantities provided assuming no different factors exchange.
Learn more about the supply curve here brainly.com/question/23364227
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Answer:
Correct answer is option d
Overhead cost per unit
Product X100 = $825
Product Z300 = $1400
Explanation:
Overhead cost per unit = (OAR × machine hours/labour hours per unit)
<em>Each product would be charged for overhead in each department using the overhead absorption rate applicable in each department</em>
Overhead cost per unit X100:
($50×15) +($15 × 5) = $825
Overhead cost per unit Z300
($50×25) +($15 × 10) = $1400
