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
stealth61 [152]
3 years ago
8

A company has a factory that is designed so that it is most efficient (average unit cost is minimized) when producing 19,200 uni

ts of output each month. However, it has an absolute maximum output capability of 23,000 units per month, and can produce as little as 7,000 units per month without corporate headquarters shifting production to another plant. If the factory produces 13,280 units in October, what is the capacity utilization rate in October for this factory?
Business
1 answer:
icang [17]3 years ago
8 0

Answer:

69.17%

Explanation:

The capacity utilization rate measures how much actual output is being produced compared to the maximum output capability of the factory or machine, or in this case, the most efficient output.

It is calculated by dividing current output by maximum possible output = 13,280 units / 19,200 units = 0.6917 x 100 = 69.17%. It is generally shown as a percentage.

In this case, we are not using the total potential output (23,000 units) because the most efficient level is lower (19,200 units) and should generate higher profits.

You might be interested in
1976, the cost of a movie was $4. in 2012, it's $9. if the cpi for 1976 is 56, and 228 for 2012. how much is the cost of a 1976
ivann1987 [24]
$10.29 I'm not sure but hope I'm right
7 0
3 years ago
Mike says, "The possibility that my house may burn isa pure risk for me, but if I buy insurance, it is a speculativerisk for the
PilotLPTM [1.2K]

Answer:

I agree with Mike because pure risks involve only possible losses. Since he owns his house, the possibility of it burning down would represent only a loss to him.

But if he buys insurance, he will pay an insurance premium which means that if the house burns down, the company will lose money, but if the hose doesn't burn down, the insurance company will make a profit. This represents speculative risk because the possibility of a gain and a loss exist.

3 0
3 years ago
For the year ended December 31, Ion Corp. had cash inflows of $25,000 from the purchases, sales, and maturities of held-to-matur
77julia77 [94]

Answer:

The amount of net cash flow from investing activities that ion should report in its cash flow statement is $65,000.

Explanation:

A cash flow statement is one of the financial statements which will tell how changes in income statement and balance sheet accounts will affect the company's cash inflow and outflow. This statement will break down the analysis in to operating , investing and financing activities.

For taking out the net cash flow in investing activities, purchase activities are added and sale activities are subtracted and from the given information in the question , it is clear that both are purchasing activities, therefore

NET CASH FLOW FROM INVESTING = $25,000 + $40,000

                                                              = $65,000

5 0
3 years ago
to have ____ advantage means to be able to produce more using the same resources. To have _____ advantage means to have a lower
Anestetic [448]

Answer:

Absolute, Comparative, Opportunity cost, Gains of trade, Not possible

Explanation:

The terms that will be filled in these blanks are economic terms that are used often in the business. The completed sentences have been written below -

  • To have absolute advantage means to be able to produce more using the same resources.
  • To have comparative advantage means to have a lower opportunity cost.
  • Comparative advantage is the basis for gains of trade.
  • It is not possible for one producer to have a comparative advantage for every good.
3 0
3 years ago
I need this in 10 mins so if you can help me out I’d appreciate it!
Lena [83]

Answer:

$4,900

Explanation:

50K X .05 = $2,500

80K-50K= 30 X .08 =2,400

2,500 + 2,400 = $4,900

8 0
3 years ago
Other questions:
  • If production volume increases from 16,000 to 20,000 units, a.total variable costs will increase by 25 percent. b.total costs wi
    9·1 answer
  • In 2006, 61.2 million adults volunteered throughout the United States for a total of
    6·2 answers
  • The Riteway Ad Agency provides cars for its sales staff. In the past, the company has always purchased its cars from a dealer an
    10·1 answer
  • Which form of retailing is Best Buy now using in airports to distribute its mobile phone and computer accessories, digital camer
    9·1 answer
  • Which of the following is not true about commission-only compensation plans for sales persons? Sales personnel are only compensa
    9·1 answer
  • A written and signed document between an employer entity and a labor organization specifying the terms and conditions of employm
    12·1 answer
  • Top Ramen is a brand of noodles that is widely considered to be an inferior good with a high salt content. What would happen to
    6·1 answer
  • As environmental uncertainties increase, managers must develop techniques and methods for collecting, sorting through, and inter
    11·1 answer
  • The treasurer of Systems Company has accumulated the following budget information for the first two months of the coming year:Ma
    12·1 answer
  • How much time after selling a house do you have to buy a house to avoid the tax penalty?.
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!