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Aleks04 [339]
3 years ago
14

Evan Surfing is considering expanding its facility to manufacture additional surfing equipment. The firm knows it costs $100,000

to setup a production run for surfboards. This cost doesn't change as the number of surfboards goes up or down. It is considered fixed even if no surfboards are made. The firm also knows that it takes $100 in labor and materials to produce a surfboard. Surfboards are sold for $300 each. Let x be the number of surfboards to be manufactured. (This is all the material you are given)* C(x)=*p(x)=* What is the break even volume? Use (2) to find the break-even point or use the formula* What price does Evan need to charge for each surfboard in order to maintain the original break-even point. Assume costs are still 20% more.
Business
1 answer:
earnstyle [38]3 years ago
4 0

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Evan Surfing is considering expanding its facility to manufacture additional surfing equipment.

Fixed cost= $100000

Direct and labor= $100

Price= $300

Break-even point in units= fixed points/marginal contribution

Break-even point=100000/(300-100)

Break-even point= 100000/200= 500 units

If costs increase by 20%:

Price=?

500units=100000/(P-120)

500*(P-120)=100000

P-120= 100000/500

P=200+120

P=320

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Why is it important to send a thank you note after an interview
Serga [27]

Answer:

so that they know that u appreciate that they gave you their time and energy so they can help you and their company.

Explanation:

3 0
3 years ago
Wages are sticky when: A. All of the above are true. B. They are not changed every single time prices change. C. Labor unions ha
algol [13]

Answer:

B

Explanation:

Wages are sticky when earnings do not adjust quickly to changes in the market conditions .In some other situations ,  the rate of can be too slow compared to the rate of changes in the market. That means that every single time that market prices change , wages remain the same or just have a marginal change.

Factors that trigger sticky wages are unemployment ,and roles of the labor union.

Sticky wages can be useful in the sense that it can explain why market might not reach equilibrium in the short run or even in the long run.

4 0
3 years ago
Ryan, the owner of Home Value supermarket chain, wants to terminate a contract with a supplier. During the tenure of the contrac
Basile [38]

Answer:

Ryan takes the supplier representatives out for lunch and thanks them for being such great friends.

Explanation:

Ryan taking the supplier representatives out for lunch and thanking them for being such great friends is a less-than straightforward way of saying no and ending the working relationship.

From the supplier's perspective, Ryan taking the time to take them out on a lunch would suggest he's trying to show gratitude, so as to foster their existing business relationships.

On the other hand, coming to realize that it was his way of saying no and ending the working relationship between them would make the supplier representatives disappointed and making Ryan look less-than straightforward.

5 0
3 years ago
You just received an offer in the mail to transfer your $5,000 balance from your current credit card, which charges an annual ra
NARA [144]

Answer:

number of payment is 3.05 payment

so correct option is b 3.05 payments

Explanation:

balance = $5000

annual rate r1 = 18.7 % = \frac{0.187}{12} = 0.01558

credit card charging r2 = 5.9% = \frac{0.059}{12} = 0.004917

payments P = $250  month

to find out

How many fewer payments will you have to make to pay off this debt if you transfer the balance to the new card

solution

we first find time t both rate by total balance formula that is

balance =  P * \frac{1-(1+r)^{-t}}{r}    ...........................1

here P is payment and t is time and r is rate

put here all value and find t for r1

balance =  P * \frac{1-(1+r)^{-t}}{r}  

5000 =  250 * \frac{1-(1+0.01558)^{-t}}{0.01558}

take log both side

log 0.6884 = log 1 - log(1+0.01558)^{t}    

t = 24.1519        .................2

and now put here all value and find t for r2

balance =  P * \frac{1-(1+r)^{-t}}{r}  

5000 =  250 * \frac{1-(1+0.00492)^{-t}}{0.00492}

take log both side

log 0.9016 = log 1 - log(1+0.00492)^{t}  

t = 21.1055         .....................3

so by equation 2 and 3

so no of payment will be 24.1519 - 21.1055

so number of payment is 3.05 payment

so correct option is b 3.05 payments

7 0
4 years ago
Welch Corporation​'s trial balance shows $ 158,000 face value of bonds with a discount balance of $ 1,800. The bonds mature in 1
aleksklad [387]

Answer:

The bonds be presented on the balance​ sheet at discount balance of $ 1,800.

Explanation:

The discount balance is the <em>Present Value</em> of Future Cash Inflows.

The Present Value<em> is shown</em> instead of Face Value as the Value Carried by the bonds and subsequently, this value is adjusted over the 10 year period with interest applied on bonds to reach the face value of  $ 158,000.

5 0
3 years ago
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