1. Describe the benefits of good strategic planning? Define and give examples of key terms of strategic management?

Cost of Producing Guitars Carlota Music Company estimates that the marginal cost of manufacturing its Professional Series guitar

diamong [38]

Answer:

The total monthly cost C(x) incurred by Carlota in manufacturing x guitars/month is <u>C(x) = 0.004x^2 + 90x + 8,500</u>.

Explanation:

Given,

C '(x) = 0.008x + 90 ................................... (1)

To obtain the the total monthly cost C(x) incurred by Carlota in manufacturing x guitars/month, we obtain the integral of equation (1) as follows:

$C(x)=\int\limits {C'(x)} \, dx = \int\limits {[0.008x + 90]} \, dx$

C(x) = (0.008 / 2) x^2 + 90x + F

C(x) = 0.004x^2 + 90x + F .......................... (2)

Where F is the constant.

Since total cost is the addition of the total cost and total variable cost, the F in equation (2) represents the total fixed cost per month.

Since the fixed costs incurred by Carlota are $8500/month, this implies that F = 8,500.

Substituting F = 8,500 into equation (2), we have:

C(x) = 0.004x^2 + 90x + 8,500 <-------------- Total cost per month

Therefore, the total monthly cost C(x) incurred by Carlota in manufacturing x guitars/month is <u>C(x) = 0.004x^2 + 90x + 8,500</u>.

7 0

3 years ago

Sweet Company’s outstanding stock consists of 1,000 shares of noncumulative 5% preferred stock with a $100 par value and 10,000

frutty [35]

Answer:

preferred stockholders received $15,000 during the first 3 years

$2,000 in the first year
$6,000 in the second year
$7,000 in the third year

common shareholders received $25,000 in dividends during the third year.

Explanation:

preferred stock = 1,000 shares x $100 par value x 5% = $5,000

common stock = 10,000 shares at $10 par value

dividends declared and paid during the first 3 years:

year dividends

1 $2,000

2 $6,000

3 $32,000

preferred stockholders should have received $5,000 per year x 3 years = $15,000. Preferred stockholders must be paid first, and their payment is fixed. If the dividends are not enough to pay the total amount, the remaining amount should be paid next year.

$2,000 in the first year
$6,000 in the second year
$7,000 in the third year

common shareholders received $32,000 - $7,000 = $25,000 in dividends during the third year.

7 0

4 years ago

If you’re thinking about a career as an applied mathematician, you should consider researching the_cluster. Within this cluster,

Alexxandr [17]

Within this cluster, you'll find that most of the careers require in order to have the knowledge and skills nee. If you're thinking about a career as an applied mathematician, you should consider researching the (STEM, Information Technology, or ArtsA/V Technology and preforming arts) cluster.

8 0

3 years ago

Read 2 more answers

One year ago, the Jenkins Family Fun Center deposited $4,800 into an investment account for the purpose of buying new equipment

posledela

Answer:

$25,778

Explanation:

During the first year, $4,800 were deposited. Using the future value of an investment formula, after one year, this amount becomes:

X = 4,800 (1+0.09)

= 5,232

Now, they add $6,600 to that amount. Now we have a total of:

6,600 + 5,232 = 11,832

During year two, the amount above becomes:

X = 11,832 (1+0.09)

= 12,897

And at the end of year two, $8,800 are added. Now we have a total of:

12,897 + 8,800 = 21,697

During years three and four, that amount finally becomes:

X = 21,697 (1+0.09)^2

= 25.778

Thus, after four years, the Jenkisn Family Fun Center will have $25,778 to buy the equipment.

3 0

3 years ago

A __________________________ policy will cause a greater share of income to be collected from those with high incomes than from

ira [324]

Answer:

The correct answer is a progressive tax policy.

Explanation:

A progressive tax policy means higher tax rates for people with higher incomes. Tax rates are based on the tax payers' ability to pay. Lower taxes are charged from people with lower incomes. It is helpful in income redistribution.

People with lower income share a higher portion of their income on basic necessities as compared to people with higher income levels.

6 0

3 years ago