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3 years ago

Two ways in which young entrepreneurs can benefit from the National Youth Development Agency

1 answer:

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South Africa's National Youth Development Agency has launched the Ithubalentsha Micro Enterprise Programme, which will provide young aspirant and established entrepreneurs with training, mentorship, micro-enterprise finance, market linkages and access to business opportunities.

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Senbet Ventures is considering starting a new company to produce stereos. The sales price would be set at 1.5 times the variable

yaroslaw [1]

Answer:

Sales volume required to break even = 96,000 units

Explanation:

Break-even Unit Sales = $\frac{Fixed Costs+Target Income}{Contribution margin/unit}$

where:

Fixed costs = $120,000

Target income = $0 (company wants EBIT of zero)

Contribution margin/unit=Sales price/unit- Variable Costs/unit= $(1.5*2.5)-2.5=3.75-2.5 =$1.25/unit$

Break-even Unit Sales = $\frac{120,000}{1.25}=96,000 units$

7 0

4 years ago

What regulates employee exposure to potentially toxic substances and informs employees about the possible hazards of materials u

Scrat [10]

Answer:

Occupational Safety & Health Administration (OSHA)

Explanation:

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4 years ago

Bingham Company manufactures and sells Product J. Results for last year's manufacture and sale of Product J are as follows:

monitta

Answer:

Break-even point in units= 16,125

Explanation:

To calculate the number of units of Product J to be sold next year, we can use the break-even point formula:

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Fixed costs= 195,000 + 180,000 + 170,000= $545,000

Unitary contribution margin= 160 - (96 + 24)= $40

Desired profit= $100,000

Break-even point in units= (545,000 + 100,000) / 40

Break-even point in units= 16,125

Prove:

Sales= 16,125*160= 2,580,000

Variable production costs= 16,125*96= (1,548,000)

Sales commissions= 0.15*2,580,000= (387,000)

Salaries of line supervisors= (195,000)

Traceable fixed advertising expense= (180,000)

Fixed general factory overhead= (170,000)

Net operating income= 100,000

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3 years ago

Which of the following manufacturers would most likely use job-order costing? Gasoline refiners. Microchip processors. Chemical

tia_tia [17]

Answer:

The correct answer is letter "D": Custom-furniture manufacturers.

Explanation:

Job-order costing is a method in which the costs are being assigned and accumulated as long as each unit of production is completed. Industries using job-order costing methods tend to have controlled levels of production and each unit manufactured is different enough from others and each of them has a significant cost.

Thus, custom furniture manufacturers are businesses where using the job-order costing method could be useful.

4 0

4 years ago

1. The monthly market shares of General Electric Company for 12 consecutive months follow. Develop three-month and four-month mo

aleksklad [387]

Answer:

MSE for 3-month MA = 0.0790

for 4-month, it is 0.066

Hence, 4-month MA is better.

Explanation:

In statistics, the mean squared error, MSEor mean squared deviation (MSD) of an estimator that is of a procedure for estimating an unobserved quantity, measures the average of the squares of the errors, that is, the average squared difference between the estimated values and the actual value.

This is used to ascertain the preferred or better forecast from 2 or more given parameters.

Kindly check the attachment for the step by step explaination of the MSE forecast.

6 0

3 years ago

Two ways in which young entrepreneurs can benefit from the National Youth Development Agency​

Two ways in which young entrepreneurs can benefit from the National Youth Development Agency