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
dezoksy [38]
2 years ago
12

Suppose Bev's Bags makes two kinds of handbags—large and small. Bev rents an industrial space where she keeps the fabric, the in

dustrial sewing machine, her measuring board and cutting shears, extra needles, thread and buttons, and labels. If Bev were to produce no bags, which of the following is true regarding Bev's costs?
a. The fixed cost of thread would stay the same.

b. The variable cost of cutting shears would drop to zero.

c. All are correct.

d. The variable cost of fabric would drop to zero.
Business
1 answer:
Oksanka [162]2 years ago
8 0

Answer:

c. All are correct.

Explanation:

Variable costs depend on the number of units produced, if production drops to zero, all associated variable costs also drop to zero; options b and d are correct.

Fixed cost remain the same with changes in the production volume. Therefore, even if Bev's Bags produced no bags, fixed cost of thread would stay the same; option a is correct.

Therefore, all are correct.

You might be interested in
When working with compressed air what psi should you reduce to if using the compressed air for cleaning?
Genrish500 [490]
The correct answer should be 30 because you don't want too much pressure .
4 0
3 years ago
Read 2 more answers
Presented below is information related to Dino Radja Company.
Alja [10]

Answer:

Dino Radja Company

The ending inventory for Dino Radja Company for 2017 through 2022 using the dollar-value LIFO method:

Date             Ending Inventory   Price   Dollar Value

(End-of-Year Prices)                           Index        LIFO

December 31, 2017      $ 80,000            100    $80,000 ($80,000*1.00)

December 31, 2018        115,500            105      110,000 ($115,500/1.05)

December 31, 2019       108,000            120      90,000 ($108,000/1.20)

December 31, 2020      122,200            130      94,000 ($122,200/1.30)

December 31, 2021       154,000            140     110,000 ($154,000/1.40)

December 31, 2022      176,900            145    122,000 ($176,900/1.45)

Explanation:

a) Data and Calculations:

Date             Ending Inventory   Price Index

(End-of-Year Prices)    

December 31, 2017      $ 80,000                100

December 31, 2018        115,500                 105

December 31, 2019       108,000                 120

December 31, 2020      122,200                 130

December 31, 2021       154,000                 140

December 31, 2022      176,900                 145

5 0
2 years ago
Mesa County contracts with New Construct Inc. to build a courthouse. New Construct hires Odell to excavate the site. Odell’s wor
Paraphin [41]

Answer:

c. liable on the ground that Mesa is an intended third-party beneficiary

Explanation:

             In a contract, the third-party beneficiary is a business or a person that benefits from the agreement and the terms of the contract that is made between the two other parties. According to law,  third-party beneficiary have certain rights which they can enforced if the contract is not fulfilled.

            In the context, Mesa is a third party beneficiary. The Mesa County enters into a contract with New Construct Inc. to construct a court house. Now New Construct Inc. again hires the firm Odell to excavate the land site.

            While excavating Odell damages few nearby properties, so Mesa County files a law suit against Odell. But Odell argues that Odell is not in agreement with Mesa County or have not entered into with any contract with the County, so Mesa cannot sue the excavator.

            But the court hold that as Mesa County is the third party beneficiary of the contract and have certain rights, Odell is held liable for the loss and should compensate for the loss to the County.

3 0
2 years ago
Brenda’s Boards manufactures skateboards. Each skateboard sells for $45 and includes the following expenses: $3 for the wheels a
fredd [130]

<u>$450 is the answer. </u>

<u>The total revenue the company earns after selling 10 boards is $450. </u>

<u> </u>

Further Explanation:

Total Revenue:

Total revenue refers to the total receipts or the income after selling the product.

Total profit:

Total profit refers to the amount subtracted by the total cost of the firm from the total revenue of the firm. Total profit is the excess of the total cost from the total revenue.  

Total cost:

Total cost refers to the cost of making the product which is being bear by the company or the owner of the firm. Total cost is the cost of making the product.

Total Revenue = Cost of selling one skateboard × Total number of skateboards

                         = $45 × 10

                         = $450

<u>Therefore, Total Revenue is $450. </u>

<u> </u>

Thus, the total revenue the company earns after selling 10 skateboards is $450.

Learn More:

1. Revenue from property taxes  

<u>brainly.com/question/2689578 </u>

2. Variable costing

<u>brainly.com/question/9203162 </u>

3. Owning a car  

<u>brainly.com/question/2684773 </u>

Answer Details:

Grade: High School

Chapter: Total profit

Subject: Accountancy

Keywords: Brenda’s Boards manufactures skateboards. Each skateboard sells for $45 and includes the following expenses: $3 for the wheels and mounts, $1 for the plastic board, $1 for the paint, and $10 for the labor. What is the total revenue the company makes after selling 10 boards? $300 $350 $400 $450.

5 0
3 years ago
Read 2 more answers
The cost for a carton of milk is $3, and it is sold for $5. When the milk expires, it is thrown out. You also know that the mean
svetlana [45]

Answer:

a) $3

b) $2

c) 1449

Explanation:

Given:

The cost for a carton of milk = $3

Selling price for a carton of milk = $5

Salvage value = $0        [since When the milk expires, it is thrown out ]3

Mean of historical monthly demand = 1,500

Standard deviation = 200

Now,

a) cost of overstocking = Cost  for a carton of milk - Salvage value

= $3 - $0

= $3

cost of under-stocking = Selling price - cost for a carton of milk

= $5 - $3

= $2

b)  critical ratio = \frac{\textup{cost of under-stocking }}{\textup{cost of overstocking + cost of under-stocking }}

or

critical ratio = \frac{\textup{2}}{\textup{3 + 2}}

or

critical ratio = 0.4

c) optimal quantity of milk cartons = Mean + ( z × standard deviation )

here, z is the z-score for the critical ration of 0.4

we know

z-score(0.4) = -0.253

thus,

optimal quantity of milk cartons = 1,500 + ( -0.253 × 200 )

= 1500 - 50.6

= 1449.4 ≈ 1449 units

4 0
3 years ago
Other questions:
  • Since PepsiCo is a U.S. company doing business in Russia, it is likely that the company's discrimination policies for Russian fa
    14·1 answer
  • Micah is an exchange student from the U.S. living in Japan. He wants to buy a new-release movie for 2,000 Japanese yen. When he
    11·2 answers
  • Ben Palman owns an art gallery. He accepts paintings and sculpture on consignment and then receives 20% of the price of each pie
    10·1 answer
  • PLEASE HELP!!!!
    8·2 answers
  • Assume Fiona is willing to pay $8 for a pizza cutter. Tim also wants one, but is only willing to pay $6 for one. At a pizza bake
    5·1 answer
  • As of June 30, 2018, the bank statement showed an ending balance of $16,216. The unadjusted Cash account balance was $15,119. Th
    13·2 answers
  • Elisa, an HR manager for a medium-sized company, is assigned to update all job descriptions and job specifications for her compa
    10·1 answer
  • The financial statements of Weston Office Supply include the following​ items:20172016Cash​ $43,500​ $50,000Shortminus−term Inve
    12·1 answer
  • Ashley Kreeger is the director of marketing for a company that operates several assisted-living centres. The company is developi
    10·1 answer
  • Yao decides to place a $2,000 deposit at the end of each year into a bond fund that earns 6% annually. Find the amount of the in
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!