Answer:
A. 736 units.
Explanation:
Operating income, also known as Earnings Before Interest and Taxes, is the income that company generates after paying for its manufacturing, operating, and administrative expenses. It is calculated as:
Operating Income = (SP * Q) - (VC * Q) - Fixed cost
where
SP = Selling Price
Q = Target Quantity
VC = Variable cost
It means that the equation requires us to put the values of SP and VC. We are provided with sales revenue and variables costs at 700 units. This information will be used to calculate the required input variables. We know that;
Sales revenue = SP * Q
Variable cost = VC * Q
Simply put values and you will find that the SP is equal to $128.57, whereas variable cost is $42.86.
Now as we have all the values to calculate the Target quantity, put values in the equation:
⇒ 41,000 = (128.57 * Q) - (42.86 * Q) - 22,000
OR 41,000 + 22,000 = Q (128.57 - 42.86)
OR 63,000 = Q (85.71)
⇒ Target quantity = Q = 736 units.
The manager such as the CEO
Answer:
Independent Variable
"The longer a U.S. line worker has been employed at a U.S.-based assembly plant..."
Explanation:
The independent variable is the element or variable that is independent of another variable. In this case, "how difficult it is for the line worker to find new employment when the assembly plant moves to Mexico" a dependent variable, which depends on the length of time that the "U.S. line worker has been employed at a U.S.-based assembly plant," and not vice versa.
Answer:
The wage per hour must be paid in the second year is $11.021 per hour.
Explanation:
Please find the below for detailed explanations and calculations:
We have the real wage stipulated in the contract must be grown at 3% in second year in comparison to first year.
Thus, the nominal pay rise must grow at the higher rate than 3%, in the way that it may cover the effect from inflation to ensure real rise is 3% as agreed in the labor contract.
As a result: Nominal increase (%) = (1+ real increase rate) x CPI of second year in comparison to first year - 1 = (1+3%) x 1.07 -1 = 10.21%.
=> Wage per hour must be paid in the second year = Wage per hour in first year x ( 1 + Nominal increase) = 10 x (1 + 0.1021) = $11.021.
The correct option is B - "Increase Increase"
What is equilibrium price?
A market-clearing price, often referred to as an equilibrium price, is the consumer cost associated with a good or service when supply and demand are equal or nearly equal.
What is quantity of the good exchanged?
The quantity theory of money is expressed mathematically in the equation of exchange. The equation, in its simplest form, states that nominal spending equals nominal income or that the total quantity of money that moves about in an economy equals the total money value of the things that move around.
Question :
If there is an increase in demand for a good, what will most likely happen to the price and quantity of the good exchanged?
Price Quantity
A. No change No change
B. Increase Increase
C. Increase Decrease
D. Decrease Increase
E. Decrease
To learn more about equilibrium price click on the link below:
brainly.com/question/17193674
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