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Andrej [43]
3 years ago
12

When Acme Dynamite produces 250 units of output, its variable cost is $2,000, and its fixed cost is $500. It sells each unit of

output for $25. If the price of dynamite drops to $10, should Acme Dynamite continue to operate in the short run?
Business
1 answer:
DaniilM [7]3 years ago
7 0

Answer:

The firm will continue to produce in the short run.

Explanation:

Given the number of units produced by Acme Dynamite = 250 units.

The variable cost of producing the 250 units = $2000

The fixed cost = $500

The selling price = $25 per unit.

The new price after the fall in price = $10

Total revenue from the selling of 250 units = 250 × 10 = $2500

Since the revenue received is covering the variable cost and fixed cost. Thus, the firm will produce or continue to produce in the short run.

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Koebel Corp uses a job order costing system with manufacturing overhead applied to products on the basis of direct labor hours.
Lynna [10]

Answer: See explanation

Explanation:

a. Calculate the predetermined overhead rate Overhead Rate per hour

Predetermined Overhead rate will be the estimated total manufacturing overhead divided by the estimated total direct labor hours. This will be:

= $ 921,600/51,200

= $ 18

(b) Calculate how much manufacturing overhead will be applied to production

Manufacturing overhead that'll be applied to production will be the predetermined overhead rate multiplied by the actual total direct labor hours. This will be:

= $ 18 × 48,900 direct labor hours

= $ 880,200

(c) Is overhead over- or underapplied? By how much?

The Actual Overhead Incurred = $902,900 while the manufacturing overhead applied = $880,200. This shows that overhead is underapplied due to the fact that manufacturing overhead applied is less than the actual overhead that is incurred.

Therefore, the amount of overhead that was underapplied will be:

= $ 902,900 - $ 880,200

= $ 22,700

(d) What account should be adjusted for over-or underapplied overhead? Should the balance be increased or decreased?

Based on the scenario in the question and the answers calculated, the cost of goods sold should be increased.

4 0
3 years ago
A small company needs to set up a security surveillance system to protect its building. which cloud-based technology will the co
Andrew [12]

One technology that depends on the Internet of Things is security systems (IoT). Virtual user desktops are made by VDI.

A security feature for computer logins is SSO. When computers complete intricate, human-like jobs, that is AI.

It's a real thing that has an Internet connection. It may be a thermostat, a lock, an appliance, a light bulb, a fitness tracker, or even a lock.

Imagine having shoes that monitor your heart rate and can alert you about potential health issues. These "smart" shoes are real; you don't need to imagine them.

Over the next five years, the Internet of Things will bring about amazing potential. The Internet of Things (IoT) business still has a long way to go in terms of overall security, even while smart things are just that. "Insecurity by design" refers to how many IoT devices released today were developed with minimal regard for privacy and security safeguards.

Learn more about security here:

brainly.com/question/28070333

#SPJ4

4 0
1 year ago
Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity, a par value of $1,000, and se
Anna007 [38]

Answer:

Coupon rate = 0.04292 or 4.292%

Explanation:

To calculate the coupon rate of the bond, we will, use the formula for the price of the bond. As the bond is an annual bond, the coupon payment, number of periods and semi annual YTM will be,

Coupon Payment (C) = x

Total periods (n)= 8

r or YTM = 0.051 or 5.1%

The formula to calculate the price of the bonds today is attached.

948 = x * [( 1 - (1+0.051)^-8) / 0.051]  +  1000 / (1+0.051)^8

948 = x * 6.437166243  +  671.7045216

948 - 671.7045216  =  x * 6.437166243

276.2954784 / 6.437166243  =  x

x = $42.92191128 rounded off to $42.92

Thus, the coupon payment on bond is $42.92

As the coupon payment is calculated by multiplying the coupon rate with the face value of the bond, then the coupon rate will be:

Coupon payment = face value * coupon rate

42.92 = 1000 * Coupon rate

Coupon rate = 42.92 / 1000

Coupon rate = 0.04292 or 4.292%

6 0
3 years ago
Of all customers purchasing automatic garage door openers, 75% purchase chain-driven model. Let X = the number among the next 15
KIM [24]

Answer:

         P(X=x)=C(15,x)\cdot(0.75)^x\cdot(0.25)^{(15-x)}

Explanation:

The <em>probability mass function</em> (<em>PMF</em>), or <em>frequency function</em>, is the function that gives the probabilities that a <em>discrete random variable</em> take some values.

In this problem, it is requested the frequency function (PMF) for the <em>number of purchasers, among the next 15, who select a chain-driven model</em>.

Then , you need to find, the function that gives P(X=0), P(X=1), P(X=2), P(X=3), . . . up to P(X=15).

Such as any function, the frequency  function can be presented as a formula, as a table, or as a graph.

Note that the statement represents a binomial disbribution in which success is that a customer select a chain-driven model and the fail is that a cusotmer does not select a chain-driven model.

The binomial probability for X = the number among the 15 purchasers who select the chain-driven model is given by the formula:

           P(X=x)=C(n,x)\cdot(p)^x\cdot(1-p)^{(n-x)}

Where:

  •  C(n,x)=\dfrac{n!}{x!(n-x)!}
  •   n is the number of times the experiment is performed: 15 in our problem
  • p is the probability of succes: 0.75 in our problem
  • 1-p is the probability of fail: 0.25 in our problem

Then, substitute:

           P(X=x)=C(15,x)\cdot(0.75)^x\cdot(0.25)^{(15-x)}

That is the frequency function.

If you want to give it as a table you must find P(X=1), P(X=2), P(X=3), . . . up to P(X=15) using that function. That is not part of the question.

6 0
3 years ago
This sounds MOST like an argument against A) free trade. B) import quotas. C) market economics. D) unbridled competition.
aalyn [17]

Answer:

idk

Explanation:

7 0
3 years ago
Read 2 more answers
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