a) Yes, $67 exceeds the loss—minimizing output.
Using the MR
They will produce 9 units.
Profits per unit = $67 - $50 = $17
Total profit =
$153.
(b) Yes, $42 exceeds the loss—minimizing output.
Using the MR
They will produce 6 units
Loss per unit is = $42 - $47.50 = $5.50
Total loss = $33 (= 6 x $5.50), which is less than the total fixed cost of $60.
c) No, because $33 is less than AVC. If it did produce, the quantity will be 4—By producing 4 units, it would lose $78 [= 4 ($33 - $52.50)]. and if they didn't produce, it would lose only the total fixed cost of $60.
Lexi Company forecasts unit sales of 1,640,000 in April, 1,250,000 in May, 810,000 in June, and 1,650,000 in July. Beginning inv
mario62 [17]
Answer:
Explanation:
From the information given in the question:
The main objective is to Prepare a merchandise purchases budget for the months of April, May, and June
Merchandise Purchases Budget
April May June
Next months' budgeted 1250000 810000 1650000
Sales
Ratio of inventory 30% 30% 30%
Desired ending inventory 375000 243000 495000
Sales unit 1640000 1250000 810000
Required units of
available inventory 2015000 1493000 1305000
Less:Beginning Inventory -250000 - 375000 - 243000
Units to be purchased 1765000 1118000 1062000
N:B
Desired ending inventory = Next months' budgeted sales × Ratio of inventory
Required units of available inventory = Desired ending inventory + Sales unit
Answer:
The answer is D, the grievance is brought before a court which decides the case.
Explanation:
A grievance procedure is a process adopted within an organisation for the purpose of resolving conflicts. Most of the time, it is meant to resolve conflict between individuals of lower cadre or hierarchy in an organisation and people in the top management position.
There are about six different procedure in the grievance process and taking a grievance to the court to decide on a case is not one of them. However, it is worthy to note that when all necessary grievance procedure have been utilized and there seem not to be a resolution in sight, a third part arbitrator in invited into the scene which mostly is between high management personnel.
___ now command about 45 percent of all retail sales in the United States.
Franchises
<span>Answer:
For inherited property, the basis is a new basis (i.e., fair market value on the date of the decedent's death unless the executor of the estate elects the alternate valuation date and amount), also known as "stepped-up basis." The $55,000 adjusted basis for Robin's Wal-Mart shares appears to be the fair market value of the stock at the date of her aunt's death.</span>