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3 years ago

In your opinion, what is the most important factor affecting the demand for sports and entertainment commodities?

Business

1 answer:

il63 [147K]3 years ago

7 0

Answer:

Explanation:price of the commodity

price of related goods

income if the consumer

taste and preference

exceptation of change of price

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Fixed expenses are $384,000 per month. The company is currently selling 6,000 units per month. The marketing manager would like

allochka39001 [22]

Answer:

A reduction of $12,500 in net operating income

Explanation:

The net operating income/loss is the difference between the sales and the total costs.

The change in the company's net operating income is the net of the increased commission and the total decrease in salaries. The commission is a variable cost that is dependent on the total number of units sold.

Hence the overall effect on the company's monthly net operating income of this change

= $46,000 - ($9 * 6500)

= ($12,500)

6 0

4 years ago

The phrase, "in for a penny, in for a pound," meaning that once you've undertaken an action, you intend to complete it no m

dmitriy555 [2]

This best describes <span>escalation of commitment.</span>

5 0

3 years ago

A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads,

sertanlavr [38]

Answer:

Ans. Multifactor productivity (per dollar of input) = 1.9385

Explanation:

Hi, in order to find the multifactor productivity (per dollar of input) , we have to use the following equation.

$MP=\frac{GeneratedFees}{Labour+Materials+Overhead}$

So let´s find out the amount of each of the items in the equation.

Generated fees.

There are 3 employees and they find 3,000 potential leads every week, but only 4% actually sign up fo that $70 fee. That is:

3(employees)*3,000(leads)*0.04(ratio Effective leads)*$70(fee)=25,200

So the output or generated fees are 25,200.

Input.

Our inputs are: Labour+Materials and Overhead, materials are $1,000, Overhead is $9,000 and Labour is 3 emplyees, working 40 hours at $25 per hour per employee, that is: 3*40*24= $3,000.

Now, we have all we need to use the first equation.

$MP=\frac{25,200}{3,000+1,000+9,000}= 1,9385$

Best of luck

8 0

3 years ago

Hillsborough Glassware Company issues $1,061,000 of its 11%, 10-year bonds at 96 on February 28, 2017. The bonds pay interest

valkas [14]

Answer:

Bonds Payable $1,061,000

Discount $38,196

Explanation:

The bond is issued on discount when the bond issuance proceeds are less than the face value of the bond. The discount is expensed over the bond period until maturity. It is added to the interest expense value to expense it.

Discount on the bond = Face value - cash proceeds = $1,061,000 (100%- 96%) = $42,440

According to straight line amortization

Discount charged in the period = $42,440 / 10 = $4,244 per year = $2,122 per six months

Unamortized discount = $42,440 - $4,244 = $38,196

Coupon payment of interest = $1,061,000 x 11% = $116,710 per year = $58,355 per six months

Total Interest Expense = $58,355 + $2,122 = $60,477

The Bond will be reported at its face value.

6 0

3 years ago

Greenville Cabinets received a contract to produce speaker cabinets for a major speaker manufacturer. The contract calls for the

Julli [10]

Answer:

For regular time manufacture :

Bookshelf month 1 = 3000

Month 2 = 2100

Floor. month 1 = 1500

Month 2 = 2040

For overtime manufacture:

Bookshelf month 1 = 0

Month 2 = 0

Floor. Month 1 = 900

Month 2 = 1460

For explanation see the picture attached

5 0

4 years ago