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Anvisha [2.4K]
3 years ago
12

The Green Machine Manufacturing Company has the option to make or buy a component part for one of its lawnmowers. The annual req

uirement is 30,000 units. A supplier is able to supply the parts for $12.00 per piece. Green Machine estimates that it will cost $1,000 to prepare the contract with the supplier. To make the parts in-house, Green Machine must invest $100,000 in capital equipment. They estimate it will cost $8.50 per piece to produce the part in-house.
1. Carry all calculations out to two decimal places.
A. What is the breakeven quantity?
B. What is the total cost at the breakeven point?
C. What is the cost savings from making the correct decision?
Business
1 answer:
Korvikt [17]3 years ago
8 0
B. What is the total cost at the break even point.
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your client began purchasing shares of the gro mutual fund two years ago. she has followed a dollar cost averaging approach by i
Tems11 [23]

The client's average cost per share of GRO is $40.61

<h3>What is the cost per share of stock?</h3>

The most recent price at which a stock has traded is known as the "share price," or market price per share of stock. When the price a buyer is prepared to pay for a stock meets the price a seller is willing to accept for a stock, it happens as a result of market forces. Divide the total cost of the acquisition by the number of shares purchased to arrive at the average price per share.

Given:

Net asset value of fund(X)  Number of shares purchased(Y)            X×Y

$                             44.44                                            45                     $1,999.80

$                             38.46                                            52                     $1,999.92

$                             33.90                                            59                     $2,000.10

$                             48.78                                             41                      $1,999.98

Total                                                                            197                     $7,999.80

Client's average cost per share                                                                                  $ 40.61

Average cost per share = 7999.80/197 = $40.61

To learn more about average cost per share, visit:

brainly.com/question/10375920

#SPJ1

5 0
1 year ago
For each of the following scenarios, identify the number of firms present, the type of product, and the appropriate market model
marshall27 [118]

Answer:

Number of Firms - many

Type of Product - differentiated

Market Model - monopolistic competition

Number of Firms - many  

Type of Product - standardised  

Market Model - perfect competition

Number of Firms - few  

Type of Product - standardised  

Market Model - oligopoly

Number of Firms - one

Type of Product - unique

Market Model - monopoly

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.   In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

An example of monopolistic competition are restaurants  

A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.

An example of a monopoly is a utility company

An Oligopoly is when there are few large firms operating in an industry. While, a monopoly is when there is only one firm operating in an industry.

Oligopolies are characterised by:

  • price setting firms  
  • profit maximisation
  • high barriers to entry or exit of firms
  • downward sloping demand curve

3 0
2 years ago
Business are hiring workers and GDP starts to increase as consumer spending increases
Grace [21]

Answer:

True

Explanation:

The reason is that the business would only recruit extra employees if the demand of the product is increasing which means that the consumer are spending more on purchasing goods and services which would increase the domestic production that is responsible in increase in GDP of the country. So it is true that increased customer spending increases the domestic production which increase the GDP of the country.

6 0
3 years ago
How do you take a pic of the problem you need help on
Deffense [45]
You can take a picture with a camera and import it to your computer with a USB, or use your phone and use the mobile Brainly.
8 0
3 years ago
Customer service is the __ a business takes to satisy customers.
belka [17]

Answer:

Management philosophy

7 0
3 years ago
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