All categories

2 years ago

Individual Problems 5-1

Business

1 answer:

Yuliya22 [10]2 years ago

4 0

Answer and Explanation:

The computation is shown below:

1. The break even price per shirt is

Fixed cost per unit t-shirt is

= $24,000 ÷ 8,000

= $3

And,

Variable cost per shirt = $9

So, the break even price per shirt is

= $3 + $9

= $12

Now if George sells 50% more tshirt then total shirt sell is

= 8000 + 0.5 × 8000

= 12000

So,

Fixed cost per shirt is

= $24,000 ÷ 12000

= $2

So,

Breakeven price per shirt will be

= $2 + $9

= $11

2. The present value of the return is

= 30 ÷ 1.25 + 30 ÷ 1.25^2 + 30 ÷ 1.25^3

= 24 + 19.2 + 15.36

= 58.56 < 80

As the present value is lower than the investment made so the investment is not profitable

3. The investment made in human capital with respect to lawyers would be considered as an after investment that hold-up

Therefore this is a true statement

The total cost of the truck is

TC = $2,500,000 + $200,000 + 4Q

And, The total revenue is

TR = PQ

So, the total profit is

TR = PQ - $2,700,000 - 4Q

Now

PQ - $2,700,000 - 4Q = 0

P = $2,700,000 - 4Q ÷ Q

Assume Q = 100000

So,

P = $2,700,000 - 4 × (100,000) ÷ 100,000

= 26

You might be interested in

Consider an economy at full employment. if consumers and firms become less optimistic about the future economy then:____.

Troyanec [42]

If consumers and firms become less optimistic about the future economy then (C) unemployment will rise.

<h3>What is unemployment?</h3>

Unemployment is the state of being capable of working, actively seeking work, but unable to find any.
It should be noted that in order to be considered unemployed, a person must be an active member of the labor force and actively seeking remunerative work.
Unemployment reduces demand, consumption, and purchasing power, resulting in lower profits for businesses and budget cuts, and workforce reductions.
It starts a vicious cycle that is difficult to break without outside intervention.
Unemployment will rise if consumers and businesses become less optimistic about the future economy.

Therefore, if consumers and firms become less optimistic about the future economy then (C) unemployment will rise.

Know more about unemployment here:

brainly.com/question/305041

#SPJ4

The complete question is shown below:
1. Consider an economy at full employment. If consumers and firms become less optimistic about the future economy then

a) price levels will rise.

b) output will rise.

c) unemployment will rise.

7 0

1 year ago

Approximately ________ workers each year are treated for injuries caused by lifts, jacks, or jack stands.

tresset_1 [31]

Answer: 15,000...............

4 0

2 years ago

The sales tax rate is 7.4 find the tax paid for a pair of shoes with of list price of 93

Anika [276]

The answer is "$6.88".

Sales tax rate = 7.4%
price of shoes = $93
Tax paid for a pair of shoes = 7.4% x $93
=7.4/100 x 93
= 0.074 x 93
= 6.882
= $6.88

5 0

2 years ago

Imagine that you are a management coach and one of your clients, a new manager, says, “I’ve heard that about two thirds of manag

Arte-miy333 [17]

Answer:

✔ Asking employees questions helps develop their critical thinking skills.

✘ Asking employees questions boosts their morale by helping them feel like experts, even though they’re not.

✘ Asking employees questions enhances their sense that the manager is the only person they should be in dialogue with, so they start talking less to each other.

✔ Asking employees how to solve problems empowers them to arrive at solutions to which they’re committed.

Explanation:

A manager who asks questions with a sincere interest in the answers is engaging in dialogue similar to a “regular” back-and-forth conversation, and this authenticity builds trust and promotes the open exchange of ideas. Another key benefit is that having employees think about questions, rather than just telling them information or telling them what to do, engages their critical thinking skills—which are key skills for organizational success. Also, when employees are asked how to solve problems, they are likely to have more buy-in to the solution they arrive at than to a solution imposed on them. Many people are motivated by feeling as though their ideas make a positive difference.

Lower-level employees are often the experts in operational details and often have more direct contact with customers than higher-level managers, so they have tremendous expertise that can and should be tapped. Asking employees questions begins an organizational dialogue that can lead to a decentralized communication network, in which employees freely exchange ideas with one another and not just with their manager.

7 0

2 years ago

Accents Associates sells only one product, with a current selling price of $70 per unit. Variable costs are 40% of this selling

katrin2010 [14]

Answer:

$20,000

Explanation:

Break-even sales is the point of sales at which the business incur no profit no loss. At this level of sale the business covers all of the variable and fixed cost associated with the product. Break-even is expressed in sales volume and sales value terms.

Current Selling Price = $70

As we know

Sales price = Variable cost + Contribution margin

Sales price = Variable cost ratio + Contribution margin ratio

100% = 40% + Contribution

Contribution = 100% - 40% = 60%

Fixed Cost = $12,000 Per month

Break-even sales = Fixed Cost / Contribution margin ratio

Break-even sales = $12,000 / 60% = $20,000

4 0

3 years ago