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
Paha777 [63]
4 years ago
6

A firm is considering adding a second secretary to answer phone calls and make appointments. The cost of the secretary will be $

10/hour and she will work 200 hours each month. If each new client adds $400 of profit to the firm, how many clients must the secretary arrange for the firm to break even?
Business
1 answer:
VikaD [51]4 years ago
3 0

<u>Solution and Explanation:</u>

<u>The following method will be used </u>

The total cost of the firm = 10 multiply with 200 = $2,000

The Profit per client = $400

Let x be the no of clients required for break even. At break-even point,

The total profit = The total cost

 400x = 2,000, The value of x is to be calculated

We get, x = 2,000 divided by 400 = 5 clients

Hence, secretary should arrange 5 clients to break even.

You might be interested in
"Jason likes to drink a particular brand of soda and has been drinking that brand of soda for the last ten years. Lately, one of
Vedmedyk [2.9K]

Answer:

<u>Variety seeking </u>

Explanation:

Variety seeking buying behavior refers to consumer behavior wherein, a consumer seeks different kinds of goods and substitutes and prefers variety rather than sticking to one particular product.

Variety seeking consumers don't mind switching from one product to another since they tend to get bored quickly by consuming the same product time and again. Such consumers lack product loyalty and don't forge high involvement or association with any product.

Such behavior is prominent in case of products which don't have significant differences in the quality.

In the given case, Jason has been drinking a particular soda brand for a considerable length of time. Yet, when a new brand emerges and gains popularity, for no valid reason he wants to give it a try. This behavior is variety seeking behavior.

6 0
3 years ago
Perez Manufacturing purchased raw materials worth $ 4 comma 000 on account. The journal entry to record the purchase of raw mate
Natali [406]

Answer:

C. debit Raw Materials​ Inventory, $ 4 comma 000​; credit Accounts​ Payable, $ 4 comma 000

Explanation:

The journal entry to record the raw material purchased on the account is as follows

Raw material inventory A/c Dr $4,000

         To Account payable A/c $4,000

(Being the raw material is purchased on account)

Since the raw material is purchased, the same is increased the current asset so it would be debited while the account payable is credited as it also increased the current liabilities account

4 0
3 years ago
Suppose the U.S. Treasury offers to sell you a bond for $687.25. No payments will be made until the bond matures 5 years from no
pantera1 [17]

Answer:

6%

Explanation:

Data provided as per question is as given below:-

Redeemed amount = $1,000

Sale value of Bond = $687.25

Number of year = 5

The computation of interest rate is as shown below:-

Interest rate = (Redeemed amount ÷ Sale value of bond) ^ (1 ÷ Number of Year) - 1

= (1,000 ÷ 747.25) ^ (1 ÷ 5) - 1

= (1.338) ^ (0.2) - 1

= 0.06

= 6%

5 0
3 years ago
a mail-order house uses 15,875 boxes a year. carrying costs are 79 cents per box a year, and ordering costs are $97. the followi
Kitty [74]

Number of boxes price per box according to price schedule is 3.18 orders.

Given

Annual demand D = 15875 boxes per year

Carrying cost H = 0.79 cents

Ordering cost S = $97

Optimal order quantity Q

Q=\sqrt{\frac{2*15875*97}{0.79}}

Q = 1974 units

But at Q = 1974 units we are getting less discount. So, we calculate total cost at Q = 19, Q = 2000, Q = 5000, Q = 10000

Total cost = Purchase cost + Annual Holding cost + Annual ordering cost = PD + (Q/2)H + (D/Q)S

The total cost is less at optimal order quantity Q = 5000

a) Optimal order quantity = 5000 boxes

b) Number of orders = (D/Q) = 15875/5000 = 3.18

Number of orders = 3.18 orders

For more information on price schedule visit
brainly.com/question/25802666
#SPJ4

5 0
1 year ago
The Yurdone Corporation wants to set up a private cemetery business. According to the CFO, Barry M. Deep, business is "looking u
saw5 [17]

Answer:

Sobre Ganhar Dinheiro online

Explanation:

Conheça Muito Mais aqui comigo https://fazerdinheiroonline.net.br/ganhar-dinheiro-na-internet/

4 0
3 years ago
Other questions:
  • Supernova inc. is a gadgets and accessories retailer that has recently introduced a new concept. a customer can order products n
    6·1 answer
  • LO 4.7In a job order cost system, overhead applied is debited to which account?
    7·1 answer
  • The relevant factors in computing depreciation do not include: depreciation method. market value. cost. useful life. salvage val
    10·1 answer
  • A company has beginning inventory of 15 units at a cost of $12 each on October 1. On October 5, it purchases 10 units at $13 per
    11·1 answer
  • Each piece of stock that you own in a company is called a what?
    13·1 answer
  • The process of developing and executing strategies and tactics to market and sell a product or service to a very specific target
    14·1 answer
  • The reasons why a company opts to expand outside its home market include all of the following EXCEPT:
    5·1 answer
  • Which marketing objective was used because the Fruit Bowls were new to the market?
    13·1 answer
  • Ethan has $240,000 to invest today at an annual interest rate of 4%. Approximately how many years will it take before the invest
    6·1 answer
  • Diving Fiasco. Mike, who owns a dive shop in the United States, decides to take a group of his customers diving in U.S. waters.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!