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
Rufina [12.5K]
3 years ago
8

Kuzio Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Sell

ing price $ 150 100 % Variable expenses 60 40 % Contribution margin $ 90 60 % The company is currently selling 7,000 units per month. Fixed expenses are $214,000 per month. The marketing manager believes that a $7,500 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. What should be the overall effect on the company's monthly net operating income of this change? rev: 03_09_2018_
Business
1 answer:
sladkih [1.3K]3 years ago
3 0

Answer:

Effect on income= $9,600 increase

Explanation:

Giving the following formula:

Unitary contribution margin= $90

The marketing manager believes that a $7,500 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales.

<u>To calculate the effect on income, we need to use the following formula:</u>

Effect on income= increase in total contribution margin - increase in fixed costs

Effect on income= 190*90 - 7,500

Effect on income= 17,100 - 7,500

Effect on income= $9,600 increase

You might be interested in
A local portrait photographer currently employs 2 helpers for the busy Fall season. With two helper she can produce 450 packets
Cerrena [4.2K]

Answer:

The marginal product for the third worker is 150 packets

Explanation:

Marginal product is the change in the output of a firm as a result of an additional input or factor of production. These additional inputs may include materials, labor etc.

The Marginal product for the third worker can therefore be calculated as

change in Total product / change in labour

change in total product = New packets of senior portrait -  old packets of senior portraits ( 600 - 450) =   150  

change in labour ( 3 - 2 ) = 1  

150/1 = 150 packets

6 0
3 years ago
A recent college graduate with a major in economics attends a job fair but has not yet found a job. this graduate is counted as
Ipatiy [6.2K]

A recent college graduate with a major in economics attends a job fair but has not yet found a job. This graduate is counted as a Frictionally unemployed worker.

What is frictional unemployment?

Frictional unemployment happens when a person is voluntarily job searching or searching for a new career. Frictional unemployment isn't necessarily a bad thing. In fact, because frictional unemployment is voluntary, it can be a sign of a healthy economy. It means that employees are seeking new jobs and new careers

What is an example of frictional unemployment?

Examples of frictional unemployment include: Employees leaving their current positions to find new ones. Employees seeking a career change. Individuals entering the workforce for the first time after graduating from college or searching for their first job.

Learn more about frictional unemployment:

brainly.com/question/11481076

#SPJ4

5 0
1 year ago
The comparative balance sheet of ConnieJo Company, for December 31, Years 1 and 2 ended December 31 appears below in condensed f
Sophie [7]

Answer:

Kindly check attached picture

Explanation:

Kindly check attached picture for detailed statement using the direct method

8 0
3 years ago
The average-marginal rule states: a. when the marginal magnitude is rising, the average magnitude must also be rising. b. when t
lozanna [386]

Answer:

The correct answer is letter "C": when the marginal magnitude is below the average magnitude, the average magnitude falls.

Explanation:

The average-marginal value is an Arithmetic rule implemented in Economics that states that when the marginal value is above the average value, the average value tends to rise, In case the marginal value is below the average value, the average value tends to fall. The average value remains the same when it is equal to the marginal value.

5 0
3 years ago
A. Identify a profession b. In not more than 60 words, describe the "art" and "science" of such profession in (a).
zheka24 [161]

Answer:

Comedy as a Profession is a great example.

Explanation:

The science of it is related to the psychology of what makes people laugh.

If studied, one would realize that there are certain things that are bound to make people laugh (all things being equal). An example is when a person makes fun of themself to an audience.

To explain this, scientists have stated that it is inherent in humans to laugh at the misfortune of others. However, this is just a theory and does not explain why we laugh at other kinds of comedy.

A plausible explanation (which is more recent in the parlance of psychology) is that people also laugh when certain expectations are defied in a very witty manner.

As a professional stand-up comedian, knowing all the rules and tricks is just one part of the coin. Being able to, either by practice or repeated efforts during practice, internalize these principles, practice them and effectively use them is the artistic part of the picture.

There those who are gifted naturally with a principle thought process that elicits laughter from others, would be termed hilarious. However, to make a living out of comedy, one would need to fully understand the principles and practice to deliver them as naturally as possible.

Another paradigm to the art of comedy is that, it has to be very witty. Wit many times may come with an element of suprise... a new angle that was previously "unthought" of.

Cheers!

6 0
2 years ago
Other questions:
  • The amount of use that the company expects to obtain from an asset before disposing of it is referred to as the _____________ li
    13·1 answer
  • Juanita has a part-time job that pays 12 hour and works about 50 hours every month her withholding are social security 6.2 %medi
    7·1 answer
  • "the table above shows the payoff matrix offered to two suspected criminals, bonnie and clyde. the payoffs are the years they wi
    15·1 answer
  • What are the qualities of a free-enterprise system? Check all that apply.
    10·1 answer
  • One line for mother. ​
    6·1 answer
  • Victoria Company reports the following operating results for the month of April. VICTORIA COMPANY CVP Income Statement For the M
    15·1 answer
  • Which answer is true?
    6·2 answers
  • What's the difference between fresh food and prepared food?
    11·1 answer
  • A line cook at a restaurant was inspired to become a chef, but he lacked the necessary training. The line cook asked the chef at
    7·1 answer
  • As of December 31, 2019, Sheffield Corp. had $3000 of raw materials inventory. At the beginning of 2019, there was $2500 of mate
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!