When do many companies expect to have a net loss

In comparing the two graphs, the Demand Curve uses "prices." What term is used in place of "price" on an Aggregate Demand Curve?

Aneli [31]

Answer:

From my understanding its D as aggregate deals with atlarge

6 0

3 years ago

Rocky Guide Service provides guided 1â€“5 day hiking tours throughout the Rocky Mountains. Wilderness Tours hires Rocky to lead

o-na [289]

Answer:

Please find the complete question in the attached file.

Explanation:

Rocky believed there would be a $30\%$ possibility of a July bonus for touring, i.e $< 50\%$ , from July 1-July 15 (10 days)-. Therefore no bonus can be calculated as $\$2,400$ / day trip \times 10 days = $\$2,400$ throughout this duration.

The expected 15-day revenues from 16th July – 31st July may well be calculated as $\$2,400 \times 15 \ days = \$36.000.$ Rocky calculated that it would get the bonus $80\%$ of the time. Estimates a $\$240/day\ bonus \times (10\ days + 15\ days) = \$6,000$

3 0

3 years ago

nexus9112 [7]

Answer:

C encourage employee participation while setting goals.

Explanation:

Goals are ideas in which an individual or group of people or organization aim to achieve within a stipulated time.

While top managements of organizations are saddled with the responsibility of setting goals and cascaded to lower managers and subsequently junior employees, it is now essential that employees are encouraged to participate in these goal settings.

By involving employees in goal settings, there would be increase in goals commitment thereby leading to dedication amongst employees and subsequently results to attainment of such goals.

5 0

3 years ago

Below is the trial balance for Sugar Almonds Ltd as at 31st December 2020

valentina_108 [34]

Answer:

Net income = $31,130

Total Assets = Owner's Equity and Liabilities = $104,230

Explanation:

The the Income Statement of Profit or Loss and the Statement of Financial Position can be prepared as follows:

Sugar Almonds Ltd

Income Statement of Profit or Loss

For the Year Ended 31st December 2020

Particulars $ $

Sales Revenue 93,700

Cost of sales:

Opening inventory 12,000

Purchases 49,000

Closing inventory - income statement (24,350)

Cost of sales (36,650)

Gross profit 57,050

Operating expenses:

Administrative Expenses (850)

Rent paid (2,000)

Telephone (900)

Wages (21,650)

Travel expenses (330)

Total operating expenses (25,730)

Interest income (expense):

Interest paid (190)

Net income  31,130 

Sugar Almonds Ltd

The Statement of Financial Position

As at 31st December 2020

Particulars $ $

Fixed Assets

Premises at cost 70,000

Vehicles at cost 5,800

Total Fixed Assets 75,800

Current Assets

Cash 630

Bank 2,100

Closing inventory - Statmt of fin positn 24,350

Trade Receivables 1,350

Total Current Assets 28,430

Total Assets  104,230 

Owner's Equity

Capital 72,000

Drawings (6,450)

Net income 31,130

Total Owner's Equity 96,680

Current Liabilities

Trade Payables 6,400

VAT 1,150

Total Current Liabilities 7,550

Owner's Equity and Liabilities  104,230 

6 0

3 years ago

Assuming that there is one-half pound of resin per foot of the finished product, determine the resin materials cost per foot of

tangare [24]

The resin materials cost per foot of finished product for June $0.53.

Given the data in the question;

May June July

Resin pounds input

into the process 470,000 700,000 650,000

Price per pound X$1.50 X$1.50 X$1.50

Plastic material costs $493,000 $640,000 $677,000

Conversion costs $80,000 $120,000 $115,000

Conduit output from

the process (feet) 800,000 1,200,000 1,130,000

Assuming that there is one-half pound of resin per foot of the finished product, determine the resin materials cost per foot of finished product for June.

Given:

Materials cost for June = $640,000

Number of Feet produced as output in June = 1,200,000

So, Formula of Material Cost per foot of finished product

Material Cost per foot of finished product = Material Cost/ Number of feet produced in June

= $640,000 / 1,200,000

= $0.5333 = $0.53

Therefore, the resin materials cost per foot of finished product for June is $0.53

Hence, the correct option is A.

Your question is incomplete, but most probably your full question was:

Rambo-Conduit Corporation manufactures plastic conduit that is used in the cable industry. A conduit is a tube that encircles and protects the underground cable. In the process of making the plastic conduit, called extrusion, the melted plastic (resin) is pressed through a die to form a tube. Scrap is produced in this process. Information from the cost of production reports for three months is as follows, assuming that inventory remains constant:

May June July

Resin pounds input into the process 470,000 700000 650,000

Price per pound x81.50 x81.50 x81.50

Plastic material costs 493,000 6,40,000 6,77,000

Conversion costs 80,000 120,000 115000

Conduit output 800,000 1200,000 1130,000

from the process (feet)

Assuming that there is one-half pound of resin per foot of the finished product, determine the resin materials cost per foot of finished product for June.

a. $0.53

b. $0.60

c. $0.54

d. None of these choices are correct.

Learn more about Materials Cost Per Foot on:

brainly.com/question/18152528

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6 0

2 years ago