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Aleonysh [2.5K]
2 years ago
15

A company has a factory that is designed so that it is most efficient (average unit cost is minimized) when producing 27,100 uni

ts of output each month. However, it has an absolute maximum output capability of 33,000 units per month, and can produce as little as 7,000 units per month without corporate headquarters shifting production to another plant. If the factory produces 17,470 units in October, what is the capacity utilization rate in October for this factory
Business
1 answer:
neonofarm [45]2 years ago
7 0

Answer: 64.47%

Explanation:

Units produced in October = 17470

Units production in the most efficient way = 27,100

Therefore, the capacity utilization rate in October for the factory will be:

= Units produced in October / Units production in the most efficient way

= 17470 / 27100

= 0.6447

= 64.47%

The capacity utilization rate in October for this factory is 64.47%.

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djverab [1.8K]

Answer:

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Explanation:

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3 0
2 years ago
Executives of Studio Recordings, Inc., produced the latest compact disk, the Starshine Sisters Band, titled Starshine/Moonshine.
Alexxandr [17]

Answer:

a) Contribution margin= $6,4

b) break-even point:

in units=76562 cds

in dollars=$869058

c) Net profit= $5910000

d) Q=107813 cds

Explanation:

Variable costs:

CD package and disc $1.25/CD

Songwriters’ royalties $0.35/CD

Recording artists’ royalties $1.00/CD

<u>Total Variable costs= $2,6</u>

Fixed Costs:

Advertising and promotion $275,000

Studio Recordings$215,000

Total fixed costs= $490000

Price=$9

a) contribution margin= Price- variable costs= 9-2,6= $6,4

b) break-even point:

in units=fixed costs/contribution margin=490000/6,4= 76562 cds

in dollars= fixed costs/(contribution to sale ratio)

in dollars= fixed costs/(contribution margin/price)

in dollars= 490000/(6,4/9)= $869058

c) q=1000000

sales= 9000000           (1000000*9)

variable costs= -2600000      (1000000*2,6)

fixed costs= -490000

Net profit= $5910000

d)Profit= 200000  q=?

using the break-even formula

Q=(fixed cost+profit)/contribution margin

Q=690000/6.4=107813 cds

7 0
3 years ago
There were a total of 90 people in the households, 10 of the people were children under 16, 10 of the people were retired but st
Vlad1618 [11]

Answer:

The unemployment rate is 42.85.

Explanation:

The formula to calculate the unemployment rate is:

Unemployment Rate = (Unemployed People / Total Labor) x 100 -- (1)

where total labor is the sum of the unemployed people and employed people.

Unemployed People = 10 Retired persons + 5 stay-at home parents + 10 persons with no job + 5 persons who wanted job

Unemployed People = 30

Labor Force = Employed people + Unemployed people

Labor Force = 40 + 30

Labor Force = 70

Putting the values in equation 1,

Unemployment Rate = ( 30/ 70) x 100

Unemployment Rate = 42.85

7 0
3 years ago
1. What does a financial coach do?
finlep [7]

A financial coach is someone that helps their clients with the basics of money management. They help their clients develop secure, healthy money habits that will last. To become a financial cost, one would need to have worked directly with clients and completely understand their needs, know how to address their concerns, and recommend plans to them in a way that makes them feel comfortable. They must work well with numbers, and have good math skills.

4 0
3 years ago
You are considering investing $1,000 in a T-bill that pays 0.05 and a risky portfolio, P, constructed with 2 risky securities, X
Leokris [45]

Answer:

% in T bills = 18.92%, % in P = 81.08%

Explanation:

Portfolio return = Weighted average return

Return of portfolio P = 0.14*0.6 + 0.10*0.4

Return of portfolio P = 0.124

Let % money in T bills be x

0.11 = 0.05*x + 0.124*(1-x)

0.11 = 0.05x + 0.124 - 0.124x

0.014 = 0.074x

x = 18.92%

Hence, % in T bills = 18.92%, % in P = 81.08%

3 0
3 years ago
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