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Paha777 [63]
3 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]3 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.

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ast year, Buckner &amp; Jones Company incurred the following costs: Direct materials $42,000 Direct labor 63,000 Manufacturing o
ddd [48]

Answer:

correct option is d.$76.46

Explanation:

given data

Direct materials = $42,000

Direct labor = 63,000

Manufacturing overhead = 94,500

Selling expenses = 25,200

Administrative expenses = 23,100

sold = 2,060 units

to find out

conversion cost per unit

solution

we find first total conversion cost

total conversion cost  = Direct labor + Manufacturing overhead  ..........1

total conversion cost  = 63,000 + 94,500

 total conversion cost  = $157,500

and

Conversion cost per unit will be

Conversion cost per unit = \frac{Total conversion cost}{sold}

Conversion cost per unit =  \frac{157,500&#10;}{2060}

Conversion cost per unit = 76.46

so correct option is d.$76.46

8 0
3 years ago
Quincy listed his assets and liabilities. cash rent stocks jewelry student loan utilities which are quincy’s assets? select thre
Mandarinka [93]

The three choices that are declared as Quincy's assets are cash, stocks, and jewelry.

<h3>What are assets?</h3>

Assets are items or properties that you own, and that is valuable to you. Liabilities are things that you have to pay for as a result of you using something.

So, having that in mind, Quincy's liabilities are rent, student loans, and utilities, whereas his assets are cash, stocks, and jewelry.

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4 0
3 years ago
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Ponzi Products produced 100 chain-letter kits this quarter, resulting in a total cash outlay of $10 per unit. It will sell 50 of
zalisa [80]

Answer:

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= $50

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c) Cash inflow in the third quarter = $550

d) Net working capital in the next quarter = $550

Explanation:

a) Production of chain-letter kits for the quarter = 100 units

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Sales in the third quarter = $600 (50 * $12)

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d) Net working capital in the next quarter = $550

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