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Sergio [31]
4 years ago
10

Impact Window Company makes storm-resistant windows. The company's sales manager estimated the sales volume to be 160,000 window

s. Due to the increased hurricane activity this year, the total demand for this type of window increased from 800,000 windows to 1,000,000 windows. At the same time the company's market share fell from 20 percent to 15 percent. The company's standard contribution margin is $15.00 per window. What is the company's sales activity varian
Business
1 answer:
Sati [7]4 years ago
3 0

Answer:

$150,000 unfavorable variance

Explanation:

The budgeted sales volume for the year is 160,000 windows

However,the whole industry sales volume increased to 1,000,000 windows with the company managing to hold on to only 15% of total market sales of 1,000,000 i.e 150,000(1,000,000*15%)

sales activity sale=change in sales volume*standard contribution margin=(160,000-150,000*)$15=$150,000 unfavorable since actual sales were less than forecast sales

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What is a benefit of stock markets? A. They create jobs. B. They allow companies to generate income. C. They allow individuals t
Sedaia [141]

Investment Gains. One of the primary benefits of investing in the stock market is the chance to grow your money. Over time, the stock market tends to rise in value, though the prices of individual stocks rise and fall daily. Investments in stable companies that are able to grow tend to make profits for investors.

sooo the answer should be...

B. they allow companies to generate income.

hope this helps!

8 0
4 years ago
Establishing an import quota can help domestic companies compete with foreign goods on
lisabon 2012 [21]

Answer:

quantity

Explanation:

An import quota is a restriction on the quantity of products that can be import to a country. This measure protects domestic production and assure a bigger share of it in the market for local companies

5 0
3 years ago
An auto company decided to relocate its offices from Huntsville, Alabama to Orlando, Florida. The human resources manager of the
yawa3891 [41]

In the given case the human resource manager will be considered frictionally unemployed. Thus the correct answer is B.

<h3>What is unemployment?</h3>

Unemployment is the situation in which an individual is unable to find any job or occupation to meet the financial needs of life after having all the required talents and qualifications.

Frictionally unemployment is a situation when an individual is relocating to another job from one job. In the given situation the manager is not terminated.

The human resource manager resigned from the job due to obligations from family. This shows that she has the skills and talents to pursue and join another job. The period in which she is searching for a job is considered frictional unemployment.

Learn more about unemployment, here:

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5 0
2 years ago
Mitchell bought 600 shares of centerco two years ago for 34.50 per share. He sold them yesterday for 38.64 per share.
soldi70 [24.7K]

Sure, here is my possible correct answer:

1. 38.64 - 34.50 = 4.14

2. 4.14 x 600 = 2484

So, Mitchell would earn $2484 in (gross) profit.

I hope it helped you!

4 0
4 years ago
A famous quarterback just signed a contract for $18.6 million, providing $3.1 million a year for 6 years. A less famous receiver
barxatty [35]

Answer:

a) The PV of the quarterback's contract is 13.91 million

b) The PV of the receiver's contract is 14.42 million .

c) The Receiver is better paid  

Explanation:

a)

PV of quarterback

= 3.1/1.09 + 3.1/1.09^2 + 3.1/1.09^3 + 3.1/1.09^4 + 3.1/1.09^5 + 3.1/1.09^6

= 3.1/0.09*(1 - (1/1.09)^6)

= 13.91 million

Therefore, The PV of the quarterback's contract is 13.91 million .

b)

PV of receiver's contract

= 5 + 2.1/1.09 + 2.1/1.09^2+2.1/1.09^3+2.1/1.09^4+2.1/1.09^5+2.1/1.09^6

= 5 + 2.1/0.09*(1 - (1/1.09)^6)

= 14.42 million

Therefore, The PV of the receiver's contract is 14.42 million .

c) Since the PV of the quarterback's contract is less than the PV of the receiver's contract, The Receiver is better paid.

6 0
4 years ago
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