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Tpy6a [65]
3 years ago
10

The marketing manager of TelCo., Inc. has determined that a market exists for a telephone with a sales price of $15 per unit. Th

e production manager suggests that the fixed cost of producing between 20,000 and 40,000 telephones is $65,000. Assume that Telco desires to earn a $50,000 profit from the phone sales. How much can TelCo afford to spend on variable cost per unit if production and sales equal 30,000 phones
Business
1 answer:
Korvikt [17]3 years ago
5 0

Answer: $11.17

Explanation:

Number of phones sold = 30000

Sales price = $15 per unit

We than calculate the total contribution required which will be:

= Total Fixed Cost + profit required

= $65000 + $50000

= $115,000

To calculate the variable cost per unit goes thus:

Number of phones sold = (Total Contribution Required)/(Sale Price - Variable cost per unit)

30000 = 115000/(15 - Variable cost per unit)

(15 - Variable cost per unit) = 115000/30000

(15 - Variable cost per unit) = 3.83

Variable cost per unit = 15 - 3.83 = 11.17

Variable cost per unit = $11.17

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Using examples explain what inputs eBay might be using in conducting its business . What are eBay outputs ?
lawyer [7]
Typically, a simple way to think of an input is anything that costs money. These can be both good and bad things. A simple example would be: if I had a machine that made candy: my inputs would be the energy required to run the machine, the person required to work the machine, and the ingredients I had to put in to make the candy. My outputs might be the candy the machine made and the happiness it gave to people who ate it. A negative output might be that it made people unhealthy. 

As an internet company eBay does not have many of the typical inputs of doing business. For example, it does NOT have the cost of physical stores nor does it have the cost of depreciating inventory or any machines. For eBay, some examples of inputs would be it's people such as software engineers, marketing team, and executive staff. All overhead such as office space and the electricity to power its office space would be another example. Other examples could include the physical code behind eBay's software and money used to finance the company, and the data warehouses used to store everything. 

Outputs can be thought of as the value a company creates. eBay's outputs are also somewhat atypical. eBay does not create a physical product that they then sell so that makes this a challenging question. You could argue that eBay's store or its platform is an output. All the data it produces as a company is an output and has a lot of value. Since eBay allows people across the world to open up their own store online, you could say it's creating the social good of jobs or entrepreneurship "global employment" through this action (eBay has supported this publicly as well so you could look up more about it on Google). Another output could be eBay stores created by sellers. eBay owns PayPal so if you can think of any related to PayPal you could include those as well and cite that eBay owns the company. 

Hope that helps
8 0
3 years ago
In what career cluster would you find all levels of business jobs, such as an Administrative Assistant?
Charra [1.4K]

In all of these career cluster listed above, you will find all levels of business jobs, such as an Administrative Assistant

For better understanding, let's understand what career clusters means

  • Career Cluster is simply known to be a wide occupational groupings of specific industry based jobs such as agriculture, law, education, health science etc . The career clusters provide an organizing tool that helps one in creating a career plan.
  • An administrative assistant helps in the day to day running of an enterprise or firm. All career cluster have different job specifications and so an office or administrative assistant is often needed to answer phone calls, document important work or minutes of meetings, assistant the boss in office duties and other responsibilities. It is commonly found in all the 16 career cluster.

From the above, we can therefore say that the answer In all of these career cluster listed above, you will find all levels of business jobs, such as an Administrative Assistant is correct.

Learn more about career cluster from:

brainly.com/question/2124244

7 0
3 years ago
In the challenging world of retail sales, Macy's, Inc.'s (M's) revenues are declining while expenses are generally flat. Based o
Papessa [141]

Answer

a) Gordon's Constant Growth model : P0 = D1 / (r-g)

r = 3% =0.03 , g= -7% = -0.07 , D0 = $5.1

D1 = D0*(1+g)

D1 = 5.1*(1-0.07)

D1 = $4.743

P0 = 4.743/(0.03- (-0.07))

P0 = 4.743/0.10

P0 = $47.43

So, Stock M should sell at a price of $47.43 today

b) Price 8 years from now

==> P8 = D9/(r-g)

P8 = D0*(1+g)^9/(r-g)

P8 = 5.1* (1-0.07)^9 / (0.03- (-0.07))

P8 = 5.1*0.52041108298  / (0.03- (-0.07))

P8 = 2.65410

P8 = $26.54

c) Investor may want to buy the stock today for the Dividends. If the dividends paid are high enough, the present value of the dividends is also high and may more than compensate the fall in stock price. This type of stocks work and give cash flows like a project where the initial cashflows are higher and later cashflows are less because of market factors.

8 0
2 years ago
Artigas Enterprises uses two materials in the production of its product. The materials, L and M, have the following standards: M
ella [17]

Answer:

Materials mix variance: $4,500

Explanation:

Materials mix variance = Actual input at individual standard materials costs – Actual input at weighted average of standard materials cost

Actual Input at individual standard material cost:

Material L: 15,000 units x $0.50 = $7,500

Material M: 10,000 units x $1.50 = $15,000

Total actual input at individual standard material cost: $22,500

Actual input at weighted average of standard materials cost:

Material Standard mix at standard unit price / Yield: $2,000 / 2,000 units = $1

Actual Input at standard material cost: 18,000 units x $1 = $18,000

Materials mix variance: $22,500 - $18,000 = $4,500

5 0
2 years ago
On March 1, the three classmates opened a checking account for the company at a local bank. They each deposited $20,000 in excha
oksano4ka [1.4K]

Answer:

Explanation:

Account: Cash Account  Dollar amount: $70,000

Account: Paid-in capital  Dollar amount: $70,000

The amount is shown below:

= Deposit amount × number of classmates + purchase of stock

= $20,000 × 3 + $10,000

= $60,000 + $10,000

= $70,000

Only this two account is required i.e cash account and the paid-in capital account

8 0
3 years ago
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