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Leni [432]
3 years ago
10

The accelerating growth of a national market was due in large measure to the fact that the cost of ________ dropped by 95% betwe

en 1825 and 1855.
a. transportation on land
b. construction
c. imported goods
d. borrowing money
Business
1 answer:
ikadub [295]3 years ago
5 0
A. Transportation on land
The New Nationalism
New generation of political leaders
1816: Congress chartered Second Bank of the United States and passed a mildly protective tariff
Support for national internal improvements
<span>The accelerating growth of a national market was due in large measure to the fact that the cost of transportation and land dropped by 95% between 1825 and 1855.</span>
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Funday Park competes with Fun World by providing a variety of rides.
Murljashka [212]

Answer:

1. Supposed Funday Park cuts its ticket price from $85 to $68 to increase the number of tickets sold. Compute the new break even point in tickets and in sales dollars.

a. The new break even point in tickets is?

= $428,400 / ($68 - $17) = 8,400 tickets

b. The new break even point in sales dollars is?

8,400 x $68 = $571,200

2. Ignore the information in question 1. Instead assume that Funday Park increases the variable cost from $17 to $34 per ticket. Compute the new break even point in tickets and in sales dollars.

a. The new break even point in tickets is?

= $428,400 / ($85 - $34) = 8,400 tickets

b. The new break even point in sales dollars is?

8,400 x $85 = $714,000

3. Ignore questions 1 and 2. Supposed Funday Park reduces fixed costs from $428,400 per month to $319,600 per month. Compute the new break even point in tickets and in sales dollars.

a. The new break even point in tickets is?

= $319,600 / ($85 - $17) = 4,7400 tickets

b. The new break even point in sales dollars is?

4,700 x $85 = $399,500

4. Ignore information in questions 1 - 3. If Funday Park expects to sell 6,400 tickets, compute the margin of safety in tickets and in sales dollars.

break even point = $428,400 / ($85 - $17) = 6,300

a.  Margin of safety in units  = (6,400 - 6,300) / 6,400 = 1.56%

b.  Margin of safety in dollars  = ($544,000 - $535,500) / $544,000 = 1.56%

5. Ignore information in questions 1 - 4. If Funday Park expects to sell 6,400 tickets, compute the operating leverage. Estimate the operating income if sales increase by 20%.

EBIT₀ = [6,400 x ($85 -$17)] - $428,400 = $435,200 - $428,400 = $6,800

EBIT₁ = [7,680 x ($85 -$17)] - $428,400 = $522,240 - $428,400 = $93,840

% change in EBIT = ($93,840 - $6,800) / $6,800 = 12.8 x 100 = 1280%

a.  Degree of operating leverage  = 1280% / 20% = 64

b. Estimate the new operating income if total sales increase by 20%?

The estimated operating income will be $93,840

3 0
4 years ago
7. Social and emotional development can include using A. television viewing. B. flashcards. C. tablet apps. D. games.
Romashka-Z-Leto [24]
A. television viewing
7 0
3 years ago
Read 2 more answers
Suppose that Italy and Sweden both produce jeans and stained glass. Italy's opportunity cost of producing a pane of stained glas
vichka [17]

Answer:

Based on the answer to the question, the only one of the given terms of trade (that is, price of stained glass in terms of jeans) that would allow both Sweden and Italy to gain from trade is 8 pairs of jeans per pane of stained glass because 8 pairs is more than 4 pairs, which will be attractive to ITALY and is less than 10 pairs which is a cheaper cost for SWEDEN.

Explanation:

1. Italy's opportunity cost of producing a pane of stained glass is 4 pairs of jeans while Sweden's opportunity cost of producing a pane of stained glass is 10 pairs of jeans

2. By comparing the opportunity cost of producing stained glass in the two countries, you can tell that SWEDEN has a comparative advantage in the production of stained glass and ITALY has a comparative advantage in the production of jeans.

3. Suppose that Italy and Sweden consider trading stained glass and jeans with each other. Italy can gain from specialization and trade as long as it receives more than <u>4 Pairs </u>of jeans for each pane of stained glass it exports to Sweden. Similarly, Sweden can gain from trade as long as it receives more than 0.1 pair of stained glass for each pair of jeans it exports to Italy.

4.Based on the answer to the last question, the only one of the given terms of trade (that is, price of stained glass in terms of jeans) that would allow both Sweden and Italy to gain from trade is 8 pairs of jeans per pane of stained glass because 8 pairs is more than 4 pairs, which will be attractive to ITALY and is less than 10 pairs which is a cheaper cost for SWEDEN.

4 0
3 years ago
Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses
Airida [17]

Answer:

Explanation:

Hi, I have attached the full question as images below

Total Product Cost = ($70,000 + $35,500 + $43,700) ÷ 1,000 = $149.20

Total Period Cost = $30,600 + $29,300 = $59,900

Total Direct Manufacturing Cost = $70,000 + $35,500 + $15,400 = $120,900

Total Indirect Manufacturing Cost = $28,300

Total Manufacturing Cost  = $70,000 + $35,500 + $43,700 = $149,200

Total Non Manufacturing Cost = $30,600 + $29,300 = $59,900

Total Conversion Cost = $35,500 + $43,700 = $79,200

Total Prime Cost = $70,000 + $35,500 = $105,500

Total Variable Manufacturing Cost = $70,000 + $35,500 + $15,400 = $120,000

Total Fixed Costs = $25,200 + $18,400 + $28,300 = $71,900

Variable Cost per unit = ($70,000 + $35,500 + $15,400 + $12,200 + $4,100) ÷ 1000 = $137.20

Incremental manufacturing cost = ($70,000 + $35,500 + $15,400) ÷ 1,000 = $120.90

5 0
3 years ago
Hailey, Inc., has sales of $19,650, costs of $9,380, depreciation expense of $2,050, and interest expense of $1,540. Assume the
Advocard [28]

Answer:

Net operating cash-flow= $6,392

Explanation:

Giving the following information:

Sales of $19,650.

Costs of $9,380

Depreciation expense of $2,050.

Interest expense of $1,540.

The tax rate is 35 percent

Cash- flow:

Sales 19650

Cost= 9380 (-)

Interest= 1540 (-)

Depreciation =2050 (-)

EBT= 6680

Tax= (6680*0.35)=2338 (-)

EAT= 4342

Depreciation= 2050 (+)

Net operating cash-flow= 6392

3 0
4 years ago
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