Answer:
A. $366,667
Explanation:
Provided that,
Contribution margin = 50%
Fixed cost = $510,000
Next year sales = $3,100,000
Additional cost = $110,000
By considering this above information, the increase in sales value would be
= Additional fixed cost ÷ contribution margin
= $110,000 ÷ 30%
= $366,667
Simply we divided the additional fixed cost by the contribution margin so that accurate value can come
Answer:
The solution to the given problem is done below.
Explanation:
(a) How much peanut butter and jelly will David buy with his $3 allowance in a week?
According to the given problem, David likes 2 ounces of peanut butter for every 1 ounce of jelly,
2Pb = J and the budget constraint is .05pb+.1j = 3.
By using substitution.
David will buy Pb = 30 ounces, J = 15 ounces.
30(0.05) + 15 (0.10) = 3
(b) Suppose the price of jelly were to rise to $0.15 an ounce. How much of each commodity would be bought?
If pj = $0.15,
24(0.05) + 12(0.15) = 3
Substitution now yields J = 12 ounces, Pb = 24 ounces.
Answer:
planning
Explanation:
Based on the information provided within the question it can be said that in this scenario Jim is using the function of planning in order to determine this. The planning management function focuses on thinking ahead in order to set things into motion so that everything functions accordingly and efficiently in the future. Which is what Jim is doing by stating that in order to increase the production by 20% like they need, they have to hire 10 new employees.
<span>10,718.63 ± .1%
To find the price of this bond, we need to find the present value of the bond's cash flows. So, the price of the bond is:
P = $145(PVIFA1.25%,48) + $10,000(PVIF1.25%,48)
P = $10,718.63</span>