Question # 5

Monitoring operations and keeping the company on track is part of the ________.

kompoz [17]

Monitoring operations and keeping the company on track is part of the business operations. It provides the relevant information in order to make business decisions

8 0

3 years ago

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The Blanket Company (TBC) manufactures two types of blankets. One is made of nylon. The other is made of wool. The budgeted per-

sladkih [1.3K]

Answer:

Results are below.

Explanation:

First, we need to calculate the break-even point in units with the desired profit:

Desired profit= $109,000

Break-even point (units)= (Total fixed costs + desired profit) / Weighted average contribution margin

Weighted average contribution margin= (weighted average selling price - weighted average unitary variable cost)

Weighted average contribution margin= (145*0.8 + 197*0.2) - (75*0.8 + 87*0.2)

Weighted average contribution margin= $78

Break-even point (units)= (827,000 + 109,000) / 78

Break-even point (units)= 12,000

For each product:

Nylon= 12,000*0.8= 9,600

Wool= 12,000*0.2= 2,400

Finally, the contribution margin income statement:

Sales= (9,600*145 + 2,400*197)= 1,864,800

Total variable cost= (9,600*75 + 2,400*87)= (928,800)

Contribution margin= 936,000

Fixed costs= (827,000)

Net operating income= 109,000

7 0

3 years ago

A principle purpose of the market model is to show how equilibrium price and quantity will change as a result of some 'exogenous

devlian [24]

Answer:

A classic example of exogenous shock is the oil supply shock in the 1970s.

Explanation:

At that time, the OPEC (Organization of Petroleum Exporting Countries), led by Arab countries, controlled the supply of oil in retaliation for Western policies. Controlling supply, ie decreasing production, drastically raised the price of a barrel of oil. Thus, both the quantity of equilibrium and the price and equilibrium changed in that situation due to the exogenous shock in the supply of the product.

6 0

3 years ago

Consumers have certain rights that do not carry corresponding responsibilities. true or false.

Over [174]

Thank you for posting you question here at brainly. I think the statement "Consumers have certain rights that do not carry corresponding responsibilities." is false. Below are the right of the consumer:

 Right to Safety Responsibility of Right to Safety Right to Be Informed Responsibility of Right to Be Informed Right to Choose Responsibility of Right to Choose Right to Be Heard Responsibility of Right to Be Heard Right to Redress Responsibility of Right to Redress Right to Consumer Education Responsibility of Right to Consumer Education Right to Healthy Environment Responsibility of Right to Healthy Environment

3 0

3 years ago

Glick Company purchased oil rights on July 1, Year 1 for $2,400,000. If 200,000 barrels of oil are expected to be extracted over

ololo11 [35]

Answer:

$360,000

Explanation:

The computation of the recognition of depletion expense is shown below:-

The balance of $2,400,000 will be capitalized as an intangible asset at the time of acquisition of Oil rights. The reduction in value of this right would be expensed per year at a rate of $12 per barrel and the intangible value of the commodity would be decreased to the same degree.

The depletion or reduction in asset value = Extracted Barrels × Rate per Barrel

= 30,000 × $12

= $360,000

4 0

4 years ago