Answer:
The Dollar sales break even for the company is $568750, for the north region is $320000 and for the south region is $80000.
Explanation:
1. for the company:
cont margin ration = contribution/sale
= 240000/750000
= 0.32
fixed cost = 182000
dollar sales break even = fixed cost/cont margin ratio
= 182000/0.32
= $568750
2. for the north region:
cont margin ration = contribution/sale
= 120000/600000
= 0.20
fixed cost = 64000
dollar sales break even = fixed cost/cont margin ratio
= 64000/0.20
= $320000
3. for the south region:
cont margin ration = contribution/sale
= 120000/150000
= 0.80
fixed cost = 64000
dollar sales break even = fixed cost/cont margin ratio
= 64000/0.80
= $80000
Therefore, The Dollar sales break even for the company is $568750, for the north region is $320000 and for the south region is $80000.
There will be an increase in quantity supplied. (The Law of Supply)
- A key tenet of economic theory is the rule of supply, which asserts that a rise in price will result in an increase in the quantity provided, all other things being equal. In other words, there is a direct correlation between price and quantity, and quantities react to price changes in the same way.'
<h3><u>What is a case of the law of supply?</u></h3>
- For instance, if Apple produces 100 iPhones, then this is the quantity that is sold. The link between pricing and supply is referred to as the "law of supply." Supply also rises in tandem with price growth. In the event that prices decline, so will supply.
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In early America, a traditional market structure existed when people bartered goods they produced for goods they needed.
Explanation:
Bartering is the mechanism between two entities without the use of cash in the exchange of trading products or services. When people trade, they are all benefited by receiving goods or services that they need or want.
Bartering does have a benefit as there is something that even people with no money could get for them. Bartering may include exchanging an object for a service.
For eg, in return for a tin of apples from either a tree in their yards you might agree to work for somebody. If you choose to trade for a need, you can save cash for other requirements.
Answer:
Applied Manufacturing Overheads are $102,000
Overapplied Manufacturing overheads are $18,000
Explanation:
Under or over applied manufacturing overhead can be determined by comparing the actual and applied manufacturing overheads.
Applied overheads can be calculated by multiplying pre-determined overhead rate and actual level of quantity. Predetermined overhead rate is calculated using estimated overhead and estimated activity on which overheads are applied.
In this question the predetermined overhead rate is 120% of direct labor cost.
Applied overhead = Direct labor cost x 120% = $85,000 x 120% = $102,000
Actual overheads incurred = $84,000
Overapplied Manufacturing overheads = $102,000 - $84,000 = $18,000
Correct question is-
Observe one urgent social problem in your Community & conceptualize social Enterprise that can can solve the problem and make at the same time.
<u> What Is a Social Problem?</u>
A social problem is any condition or conduct that has negative consequences for large numbers of human beings and that is generally recognized as a condition or behavior that wishes to be addressed. This definition has both an objective component and a subjective thing.
<u>A current example is climate change: </u>
Although the overwhelming majority of climate scientists say that weather change (adjustments within the earth’s weather because of the accumulation of greenhouse gases inside the ecosystem) is actual and extreme, fewer than two-thirds of American citizens (64 percent) in a 2011 poll said they “think that global warming is occurring”
<u>Remedy of social problem-</u>
- Reduce, Reuse, Recycle.
- Reduce Waste.
- Upcycle your Furniture.
- Recycle your Clothes.
- Bring your own Shopping Bags
- Replace Regular Incandescent Light Bulb.
- Buy Energy-Efficient Appliances.
- Turn Off the Lights.
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