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3 years ago

A short-term savings strategy is usually designed to:

Business

2 answers:

Luda [366]3 years ago

7 0

Answer:

Explanation:

Vika [28.1K]3 years ago

4 0

Answer: B. Make sure a person has money available in an emergency. (Thanks 22ogarthwaite)

Explanation: A P E X

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Gregson production is keenly aware of the need to daily strive to produce goods and services more effectively than its competito

katrin [286]

I think there should be an options to choose. Anyway I think, I've got what you mean. I think that the answer is: to achieve this standard, gregson's management strives to maintain quality and efficiency.

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3 years ago

Externalities exist when the actions of one agent Question 9 options:

den301095 [7]

Answer: D. benefit or hurt another agent who is not part of the exchange relationship.

Explanation: Externality is a benefit or hurt to another agent who is not part of the exchange relationship. It can be positive or negative.

Majorly it affects the people around who has nothing to do with the effect itself.

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4 years ago

Lifemaster produces two types of exercise treadmills: regular and deluxe. The exercise craze is such that Lifemaste could use al

blondinia [14]

Answer:

1. Machine hours is the Constraints in the given case.

2. Evaluation of Products

Deluxe Regular

Sales Price $1,020 $560

Less: Direct Material $300 $90

Less: Direct Labor $88 $188

Less: Variable Manufacturing $264 $88

Overhead

Less: Variable Operating $111 $65

Expenses

Contribution Margin $257 $129 

Contribution Margin as % 292.05% 68.62%

of Direct Labor cost

Conclusion: Hence it is better to produce Deluxe as it gives higher contribution margin as a % of direct labor cost

Workings

Contribution Margin as % of Direct Labor cost

Deluxe = 257/88% = 292.05%

Regular = 129 /188% = 68.62%

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4 years ago

Optimizing economic agents use the real interest rate when thinking about the economic costs and returns of a loan. Suppose the

Elan Coil [88]

Answer:

10.45 %

Explanation:

Please see attachment

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4 years ago

Watch the excerpt from the movie "The Office / Broke." Respond to the following questions: 1. Explain the concepts of fixed cost

Nikolay [14]

Answer:

Let's assume 100 units per year is the break even point (in units).

Break even point is that level of sales revenue which covers all of the costs involved i.e. fixed and variable costs both.

Hence, contribution = Fixed costs at Break Even Point

Contribution = Sales - Variable (Marginal) Costs - ( Part A )

Hence, Contribution = $ 200 i.e. fixed costs

Now,

$ 200 = Sales - $ 10 ( From Part A)

Sales = $ 210

Now, Shut down point is that that where the firm is just capable of meeting its variable costs from the sales it has earned (price earned).

Hence, the price can go till $ 10 from $ 210 i.e. $ 200 ( $ 210 - $ 10 ) below from the current level.

Hence, the price can go $ 200 down before it is preferred to shut down by the firm.

For 1st part answer refer to the Explanation.

Explanation:

(1) Fixed Costs

Fixed costs refer to the expenses which are always have to be incurred by the business irrespective of the level of output produced. For example, a firm has to pay rent on land on which it is operating , pay CEO's compensation for managing role in the organization (constant part), charge depreciation on production tools and equipments and pay cleaning staff fixed salaries , irrespective of the level of output produced.

(2) Variable ( Marginal costs)

Variable costs are the costs which have a direct relation with the level of output produced by the firm. For example, the more the no. of units produced the more the labour charges paid, more the raw material payments made and the more the manufacturing related expenses etc and vice-versa.

(3) Avoidable costs

Avoidable costs are the costs which can be controllable i.e. the costs incurring can be avoided by the management. For example, when there is slowdown in the economy, growth and expansion costs can be avoided and production related costs can be cut (variable costs) etc.

For Part 2 answer refer to the "Answer" at the top of the entire solution.

5 0

3 years ago