1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
noname [10]
3 years ago
7

The following information relates to current production of bench seats for boats at Aquamarine Manufacturing:

Business
1 answer:
bearhunter [10]3 years ago
6 0

Answer:

The operating income would be affected with a los off $716,000 besides the $95,000 that the company losses operating with the regular order.

Explanation:

Ok with the information provided lets set up the equations (we are going to separate the equations by regular order and especial order):

Regular order:

CT = 775,000 + 132X  (Total cost)

TR= 200X (Total Revenue)

OI = 68X - 775,000 (Operating Income)

Especial order:

CT = 785,000 + 117X  (Total cost)

TR = 140X (Total Revenue)

OI = 23X - 785,000 (Operating Income)

Now lets see how the operating income is with the production and selling of 10,000 bench seats:

OI = 68(10,000) - 775,000 = -95,000

This company operates at a loss of $95,000, now lets see how would operating income be affected by the especial order of 3,000 bench seats:

OI = 23(3,000) - 785,000 = -716,000

Another loss, so the operating income would be affected with a los off $716,000 besides the $95,000 that the company losses operating with the regular order.

You might be interested in
Personal budget
elena55 [62]

Answer:

Craig Kovar

Cash Budget

                              September    October     November      December

Beginning balance   $8,150        $3,150         $2,980            $2,810

Wages                         1,000          1,000            1,000              1,000

Deposit refund                                                                            500

Total cash receipts  $9,150       $4,150          $3,980           $4,310

Payments:

Season football tickets 130

Entertainment               210            210                210                210

Semester tuition       4,200                                                    4,200

Rent                              500          500               500               500

Food                             460          460               460                460

Apartment deposit      500

Total payments      $6,000       $1,170            $1,170          $5,370

Cash balance          $3,150     $2,980           $2,810         ($1,060)

b. Craig needs to borrow $1,060 in December to meet up with expenses.  Alternatively, he will need to increase his monthly earnings by more than $265.  He can also reduce his monthly expenses by $265 at least, especially from additional entertainment and food.  He should also start considering how he could survive January without additional income.

Explanation:

a) Data and Calculations:

Receipts:

Cash balance, September 1 (from a summer job) $8,150

Part-time job earnings each month (net of taxes) 1,000

Apartment deposit returned in December $500

Payments:

Season football tickets in September 130

Additional entertainment for each month 210

Semester tuition in September 4,200

Rent at the beginning of each month 500

Food each month 460

Apartment deposit on September 2  500

3 0
3 years ago
Borrowers who believe they will be in a home for only a short period of time would be good prospects for a/an:
Ilya [14]

Answer:

Hard money loan

Explanation:

Options <em>"A) no interest loan, B) adjustable-rate loan, C) Convertible loan, D) Hard money Loan"</em>

Hard money loan is a way to raise money quickly, usually taken out for a short time but at a higher cost and lower LTV ratio. The terms of hard money loans are often negotiated between the lender and the borrower. This type of loans use the property of the borrower as collateral and does not rely on the creditworthiness of the borrower.

4 0
3 years ago
Austin, Texas has passed a local ordinance that provides all motor vehicles must provide at least three feet of clearance when p
Free_Kalibri [48]

Answer:

negligence per se

Explanation:

Negligence per se -

According to this offense , it is the breaking of the statute , which is applied to save the people from a particular type of danger or harm .

It is based on , the duty of care .

And , the duty of care , is determined by the jury under the normal negligence rules .

Similarly in the question , Ted hit Zoey accidentally and constitutes ,  negligence per se .

6 0
3 years ago
Marginal cost is ____________. a. The cost of producing an additional unit of output b. The total cost of production c. The reve
faltersainse [42]

Answer:

a. The cost of producing additional unit of output

Explanation:

Marginal cost refers to the extra cost incurred to produce additional unit of output or service.

Often times production or manufacturing companies tends to produce more units of outputs maybe to meet recurrent demand. The cost expended in the production of such extra units of output is called marginal cost. It is computed as change in the cost of producing additional goods divided by change in the number of goods produced.

8 0
3 years ago
A company issued a purchase order on December 15, year 1, for a piece of capital equipment that costs $100,000. The capital equi
anyanavicka [17]

Answer: Option D

Explanation: Depreciation refers to the wearing and tearing of asset that occurs due to the usage of it. This is usually calculated on fixed assets having finite useful life.

Therefore, depreciation can occur only after the asset is put into use for business operations and is generating revenue to the company. In the given case the asset purchased has been into use on February 1 , year 2, therefore depreciation should begin from this date.

5 0
3 years ago
Other questions:
  • You can buy or sell the £ spot at $1.98 to the pound. You can buy or sell the pound one-year forward at $2.01 to the pound. If U
    13·1 answer
  • At the time of liquidation. Fairchild Co. reported assets of $200,000, liabilities of $120,000, common stock of $90,000, and ret
    13·1 answer
  • The major function of a financial plan is to a. Reduce taxes b. Increase savings c. Achieve financial goals d. Improve your cred
    6·1 answer
  • Budweiser, miller and coors, who together produce 80% of all beer consumed in the us, each spend well over $500 million a year o
    8·1 answer
  • The following annual amounts pertain to ABC Company: Estimated Overhead Costs $ 101,988 Estimated Direct Labor hours 67,992 If a
    7·1 answer
  • A stock is currently priced at $52.50 a share. One year from now, the stock price is expected to be either $54 or $60 a share. T
    14·1 answer
  • Assume a firm has earnings before depreciation and taxes of $620,000 and no depreciation. It is in a 40 percent tax bracket.
    11·1 answer
  • The unadjusted trial balance at year-end for a company that uses the percent of receivables method to determine its bad debts ex
    13·1 answer
  • Which of the following is an example of a consumer service?
    9·2 answers
  • The Consumer Products Division of Goich Corporation had average operating assets of $800,000 and net operating income of $81,300
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!