Given, Bluebird Manufacturing produces and sells 75,000 units at $8.20 each.
This level represents 80% of its capacity.
Production costs for these units are $4.70 per unit, which includes $3.45 of variable costs and $2.45 of fixed costs.
Bluebird Manufacturing has received a special one-time order for 16,200 bird feeders at $4.20 per unit.
If the special offer is accepted, there will be no incremental fixed cost.
In order to calculate the effect on income if Bluebird accepts this additional business, we need to calculate the contribution margin for both sales.
Let's calculate the contribution margin for the current sales:
The contribution margin is given as the difference between the selling price and the variable cost per unit.
the contribution margin for current sales will be:
Contribution Margin = Selling Price - Variable Costs
Contribution Margin = $8.20 - $3.45
Contribution Margin = $4.75
Now, we can calculate the total contribution margin for current sales.
Total Contribution Margin = 75,000 × $4.75Total
Contribution Margin = $356,250
Now, let's calculate the contribution margin for the special order:
The contribution margin for the special order will be:
Contribution Margin = Selling Price - Variable Costs
Contribution Margin = $4.20 - $3.45
Contribution Margin = $0.75
As there are no incremental fixed costs, the contribution margin is equal to the profit.
the profit for the special order will be:
Profit = Contribution Margin × Units Sold
Profit = $0.75 × 16,200Profit = $12,150
Now, we can calculate the total income if Bluebird accepts this additional business:
Total Income = Total Contribution Margin + Profit
Total Income = $356,250 + $12,150
Total Income = $368,400
Hence, the effect on income if Bluebird accepts this additional business will be an increase of $368,400.
the correct option is (d) $368,400 increase.
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What is the name of federal legislation that sets out the statutory rules for statutory interpretation?
a) Civil Procedure Act
b)The Meaning of Words Act
c) Interpretation of legislation Act
d) Acts Interpretation Act
The name of federal legislation that sets out the statutory rules for statutory interpretation is the "Acts Interpretation Act." Option D.
What is the Acts Interpretation Act?
The Acts Interpretation Act is a piece of legislation in Australia that governs how federal and state legislation is interpreted.
However, It offers standard rules for interpreting legislation, reducing the need for costly legal battles. The Acts Interpretation Act aids in the interpretation of other legislation, as well as the drafting of new legislation.
Therefore, option a) the Civil Procedure Act, b)The Meaning of Words Act, and c) the Interpretation of Legislation Act is wrong.
Hence, the right answer is option D. Acts Interpretation Act.
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suppose bev's bags makes large and small handbags. bev rents an industrial space where she keeps the company's fabric, industrial sewing machine, measuring board, cutting shears, extra needles, thread, buttons, and labels. bev can produce three bags an hour, regardless of the size of the bag. if bev were to produce no bags, which of the following would be considered a variable cost?
a.The rent Bev pays b. The fabric c.The sewing thread d.None of these are fixed costs.
"None of these are fixed costs."
Fixed costs are expenses that do not change with the level of production, such as rent or equipment.
In this scenario, since Bev is not producing any bags, there are no variable costs either, which are expenses that do change with the level of production, such as fabric, sewing thread, or labor.
Therefore, all the items listed as being stored in Bev's rented industrial space, including the sewing thread, are considered fixed costs because they are necessary for the production process and do not vary with the level of production.
The given scenario involves Bev's Bags, a company that produces large and small handbags. Bev's fixed costs include rent for the industrial space, as well as expenses for equipment like the sewing machine, measuring board, cutting shears, needles, and labels. In this context, fixed costs remain constant regardless of the production volume.
Variable costs, on the other hand, change based on the number of handbags produced. Among the options provided, the sewing thread (option c) would be considered a variable cost. This is because the amount of sewing thread needed depends on the number of handbags being produced. The more handbags Bev makes, the more sewing thread she will require.
Fabric can also be considered a variable cost, as the quantity needed varies with the number of handbags produced. However, since the question asks specifically for the variable cost among the given options, the sewing thread.
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How to Get rid of my Modules without getting caught by my Mom
Answer:
for me going away from home or background of home
Harris tree owns and operates a gaming center and completed the following transactions during April 2021, its first month of operations. Journalize the transactions
Recording the date, the accounts you're debiting or crediting from, and a short description of the transaction itself are all parts of keeping track of all your commercial transactions, or journalizing them.
How do you Journalize and post transactions?A business transaction is journalized when it is recorded in accounting records. Maintaining records calls for commitment and knowledge, especially for accountants. Every business process is documented chronologically in a journal, commonly referred to as a Book of Original Entry.
Identifying the account as well as the type of account is the first step. Choosing whether each account increases or decreases is the second stage. The third step is to journalize the transaction. Accumulated depreciation is the entire amount of depreciation and amortisation that has been applied to an asset since it was first used.
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what is meant by entry book
Answer:
Its a record of money in the bank
with this type of externality, in the absence of government intervention, the market equilibrium quantity produced will be than the socially optimal quantity.
The type of externality where market equilibrium quantity produced will be more than socially optimal quantity in absence of governemtn intervention is Negative externality.
Let understand that whenever a production of good or service negatively affect the unrelated third party who is not directly involved in a market transaction, it is said that negative externality exists in the scenario.
A very good example of commonly cited Negative Externalities are air pollution and noise pollution which was caused during production an affects unrelated third party.
If there is presence of government intervention in the production, then, the production of goods or service will be halted.
Therefore, in conclusion, this type of externality is called the Negative Externality.
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Name two global exchange services
Answer:
Western Union: western union has global presence and specializes in the delivery of transfer payments. Many people who lived in developing countries use Western Union to obtain the transfer payments that they are sent from relatives living in developed countries.
PayPal: PayPal works like Western Union but for online payments. It is the most commonly used platform for online payment in the world, has a global services, and provides an easy solution for people living in countries with capital controls for example, and who need to receive payments from abroad that originally come in foreign currency.
Answer:
wsp
Explanation:
wsp
Differentiate between electricity geyser and gas geyser
Task 2: Savings, Investments, and Risk Management for a Middle-Aged Professional
Talk to a 40-year-old business professional with a family that includes a spouse and children.
This person can be a family member, friend, or mentor. List and describe the savings,
investments and risk management strategies for this phase of life. Describe how financial
planning has changed from the earlier phase of life.
Some risk management responses that a middle age professional can give include avoiding overspending, making reasonable budgets, having a substitute plan in place for unforeseen events.
What are the investments and strategies?A middle age professional can invest in real estate business. They could also make it a point to spend carefully and avoid lending money to people who will not pay back.
Of course, they should ahve a stable job that gurantees regular income. in addition to this, there should be a mitigation plan for unforeseen events. These strategies can help them financially.
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Which of the following is not one of the key characteristics of good market research?
ethical
accuracy
timeliness
reliability
Answer:
Ethical
Explanation:
I wanna say Ethical but I feel like there's a possibility that its wrong.
an important difference between for-profit and nonprofit marketing is that a. there is no price in the marketing mix of the nonprofit organization. b. there is no exchange in nonprofit marketing because the nonprofit organization receives something of value but does not give anything of value. c. a target market need not be determined by a nonprofit organization. d. the goals of the nonprofit organization differ from the goals of the for-profit organization. e. marketing exists only in the for-profit organization.
The right answer is there is no exchange in nonprofit marketing because the nonprofit organization receives something of value but does not give anything of value. While interacting with a variety of stakeholders is necessary for for-profit or private-sector firms to fulfil their business objectives, their primary focus is on target market customers and shareholders.
Non-profit organizations are unique in that they focus on a larger range of stakeholders, or interested parties than for-profit businesses do. These stakeholders include stockholders, government agencies, other nonprofit organizations, partners in the supply chain, clients, and staff. In privately held businesses, profits are first turned into income by the company and then dispersed to shareholders. Shareholders are then paid a dividend, which represents a portion of the profits made. Stakeholders exist in private organizations as well, but they are less likely to have an impact on how an organization distributes its revenues.
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Find an example of an organization that presents either challenges or opportunities for working men and women. How does this factor into the total person model for the individual employee and the organization?
One example of an organization that presents challenges and opportunities for working men and women is a multinational company operating in multiple countries. This organization presents challenges due to cultural differences, language barriers, and diverse labor laws and regulations. For example, when an employee from one country is assigned to work in another, they may face challenges in adapting to a new work culture and communication style. Additionally, they may need to understand and comply with different labor laws and regulations, which can be complex and time-consuming.
However, this situation also presents opportunities for personal and professional growth. By working in a multinational company, employees have the chance to gain international experience, develop cultural competence, and expand their professional network. This exposure can enhance their skills, broaden their perspectives, and make them more marketable in the global job market.
In the total person model, the challenges and opportunities presented by such organizations are important factors to consider. The individual employee needs to be adaptable, open-minded, and willing to learn in order to navigate the challenges and seize the opportunities. On the other hand, the organization needs to provide support, training, and resources to help employees overcome challenges and capitalize on opportunities. By doing so, both the individual and the organization can benefit from the experience and contribute to their overall growth and success.
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Karen is buying a new laptop. She is looking for a light-weight computer. The laptop she purchases is a little heavier than she had originally hoped, but she was willing to accept the extra weight for a computer with a bigger, clearer screen. Karen made her purchase decision using a(n) ________.
Karen is buying a new laptop. She is looking for a light-weight computer. The laptop she purchases is a little heavier than she had originally hoped, but she was willing to accept the extra weight for a computer with a bigger, clearer screen.
Karen made her purchase decision using a compensatory decision rule.
In psychology, compensation is a approach whereby one covers up, consciously or unconsciously, weaknesses, frustrations, goals, or feelings of inadequacy or incompetence in a single life area thru the gratification or (drive toward) excellence in some other area. compensation can cowl up both real or imagined deficiencies and personal or bodily inferiority. fantastic compensations may additionally help one to conquer one's problems. then again, bad compensations do not, which ends up in a strengthened feeling of inferiority.
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when selecting potential employees for your organization, which of the following is most likely to introduce bias? a. polygraph tests b. interview c. drug testing d. aptitude tests e. application forms reset selection
A. polygraph test
When selecting prospective employees, polygraph tests are most likely to be biased. because the polygraph test that is being carried out may not be purely done by oneself so that deviations from the facts can occur.
The notorious polygraph test (also known as the “deceit test) is often seen as a cause for nervousness and fear, even for people who are perfectly innocent and should be able to pass without cheating or manipulating the results. If you need advice on how to pass a polygraph test, you're in the right place.
The way to pass the polygraph test is
Treat your body right the night and day before the test. You must feel comfortable during the polygraph test, in order to give an accurate physiological response. In order to feel comfortable, you need to make sure that you are well rested and that your body actually feels good.Do your usual routine as precisely as possible. Even if this includes activities that can affect your heart rate, such as drinking caffeinated coffee or going for a morning jog, you should still do them, because your body has trained itself to function properly under such physiological conditions.Try to get seven or eight hours of sleep the night before the test.Make sure that you are not hungry and that you are wearing clothes that are loose and comfortable.You can learn more about polygraph test here brainly.com/question/2436443
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Which activity in the maintenance phase requires that a formal process be established whereby users can submit system change requests
Obtaining maintenance requests is the activity that requires establishing a formal process for users to submit system change requests.
What is an automation system?It corresponds to the use of mechanical and computerized techniques to produce, command and control an optimized process, fast and based on total quality.
Therefore, automation systems help organizations process a large volume of data to generate relevant information for decision making.
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Many people are concerned about the rising price of gasoline. Suppose that government officials are thinking of capping the price of gasoline below its current price. Which of the following outcomes do you predict will result from this policy?
If government officials decide to cap the price of gasoline below its current market price, there will likely be several outcomes, both positive and negative.
Firstly, the positive outcomes. Capping the price of gasoline will mean that consumers will be able to purchase fuel at a cheaper price than what they are currently paying. This will be beneficial for people who are struggling to make ends meet, as it will allow them to save money on their daily commute or other travel expenses. Additionally, lower fuel prices could stimulate spending in other areas of the economy, as people will have more money available to spend on other goods and services.On the other hand, there are also several negative outcomes that could result from capping the price of gasoline. One of the biggest concerns is that the government may not be able to keep up with the demand for fuel at the capped price. If this happens, there could be shortages, which could lead to panic buying and long lines at gas stations. This, in turn, could create a black market for gasoline, where people are forced to pay even higher prices to get the fuel they need.Another concern is that capping the price of gasoline could lead to a reduction in supply. Gasoline is a commodity, which means that producers will only produce as much as they can sell for a profit. If the price of gasoline is capped, producers may not be able to make a profit, which could lead to a reduction in supply. This, in turn, could lead to higher prices in the long run, as consumers are forced to pay more for a scarce resource.
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Q2: This is the one of the main reasons products made in Pakistan may not succeed in the global market.
Select one:
a. no possible quality/price positioning
b. high product saturation levels in global markets
c. low acceptance of private brands
d. negative country-of-origin bias
One of the main reasons products made in Pakistan may not succeed in the global market is due to negative country-of-origin bias. Negative country-of-origin bias refers to the tendency of consumers.
In the case of Pakistan, the country may face challenges in the global market due to negative perceptions associated with its products. These biases can arise from factors such as historical reputation, perceived quality, or cultural stereotypes.
Negative country-of-origin bias can impact consumer perceptions of product quality, reliability, and trustworthiness. It can create hurdles for Pakistani products to gain acceptance and compete effectively in global markets. Consumers may be more inclined to choose products from countries with a positive reputation or established brands, leading to limited market opportunities for Pakistani manufacturers.
To overcome negative country-of-origin bias, Pakistani businesses can focus on improving the perception of their products through quality assurance, certifications, and strategic marketing campaigns. Building a strong brand image, establishing partnerships with reputable global companies, and emphasizing the unique value propositions of Pakistani products can also help overcome biases and increase acceptance in international markets.
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In your job as an agent, you receive a monthly salary of $500 plus 3% commission on all of your listings that sell and 2.5% of all of your sales. None of the listings you took sold last month, but you received $7,350 in salary and commission. What was the value of the property you sold
Golden Eagle Company has the following balances at the end of November:
November 30
Debit Credit
Supplies $1,650 Prepaid Insurance 6,600 Salaries Payable $10,300
Deferred Revenue 0
The following information is known for the month of December:
Purchases of supplies for cash during December were $3,800. Supplies on hand at the end of December equal $3,150.
No insurance payments are made in December. Insurance expired in December is $1,650.
November salaries payable of $10,300 were paid to employees in December. Additional salaries for December owed at the end of the year are $15,300.
On December 1, Golden Eagle received $3,450 from a customer for rent for the period December through February. By the end of December, one month of rent has been provided. For each item, (a) record any transaction during the month of December, and (b) prepare the related December 31 year-end adjusting entry. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. )
A. Purchases of supplies for cash during December were $3,800. Supplies on hand at the end of December equal $3,150. Record the entry made during the month of December.
B. Purchases of supplies for cash during December were $3,800. Supplies on hand at the end of December equal $3,150. Record the adjusting entry on December 31.
C. No insurance payments are made in December. Insurance expired in December is $1,650. Record the entry made during the month of December.
D. No insurance payments are made in December. Insurance expired in December is $1,650. Record the adjusting entry on December 31.
E. November salaries payable of $10,300 were paid to employees in December. Additional salaries for December owed at the end of the year are $15,300. Record the entry made during the month of December.
F. November salaries payable of $10,300 were paid to employees in December. Additional salaries for December owed at the end of the year are $15,300. Record the adjusting entry on December 31.
G. On December 1, Golden Eagle received $3,450 from a customer for rent for the period December through February. By the end of December, one month of rent has been provided. Record the entry made during the month of December.
H. On December 1, Golden Eagle received $3,450 from a customer for rent for the period December through February. By the end of December, one month of rent has been provided. Record the adjusting entry on December 31
A. debit: supplies $3,800 Credit: Cash $3,800. Golden Eagle Company has the following balances at the end of November.
What is Golden Eagle ?A golden eagle is a large bird of prey found in North America, Europe, and parts of Asia. The golden eagle has a wingspan of up to 7 feet and can weigh up to 15 pounds. It is distinguished from other eagles by its golden-brown plumage and white tail feathers. Golden eagles are apex predators, meaning they are at the top of the food chain, and their diet consists mainly of small mammals and birds. Golden eagles use a combination of speed, agility, and sharp talons to capture their prey.
B. Debit: Supplies $650 Credit: Supplies Expense $650
C. No Journal Entry Required
D. Debit: Prepaid Insurance $1,650 Credit: Insurance Expense $1,650
E. Debit: Salaries Expense $10,300 Credit: Cash $10,300
F. Debit: Salaries Payable $15,300 Credit: Salaries Expense $15,300
G. Debit: Cash $3,450 Credit: Deferred Revenue $3,450
H. Debit: Deferred Revenue $2,900 Credit: Revenue $2,900
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Why would a person change their business status to a LLC?
A. To gain tax breaks
B. To limit their personal liability
C. To help obtain funding through the sale of stock
D. Because it is the easiest form for setting up your business
Answer:
A) to gain tax breaks
Explanation:
A common reason for changing a co. to an LLC is to avoid double taxation
For the question below, write an explanation of the short-run effect (including the determinant of AD or AS that is causing the shift, the line that shifts (AD or AS), the direction of the shift (left or right), and the impact on output and price level (increase or decrease) and submit a properly drawn and labeled aggregate demand and aggregate supply graph for the scenario. Make sure your name and assignment number are written on each page of graphs you submit. All text must be written in the text box provided.
Congress passes a sweeping health care reform bill that provides free medical insurance for all Americans. Once the President signs it into law, the government will provide every American with a policy that will pay up to 80% of every medical bill a patient incurs. This change does not impact consumer income.
Explanation:
The passage of the health care reform bill would shift the aggregate demand (AD) curve to the right in the short run. This is because with the new policy, people would be able to afford more health care services, leading to an increase in the quantity of goods and services demanded at every price level. This would result in an increase in both output and the price level in the short run.
On the other hand, the aggregate supply (AS) curve would remain unchanged since the bill does not affect the costs of production or the available inputs.
Overall, the short-run impact of the health care reform bill would be an increase in output and a higher price level.
Whether risk is present in employment
Answer:
Step by step explanation
what elements of the national business environment might influence your decision on where to move production?
The elements of a nation's national business environment that influences the decision on where to move production include:
Taxation policies Profit repatriation policies Foreign ownership restrictions What should affect the decision to move production to another country?One should look at the taxation policies in the nation to see how much taxes would need to be paid and if this is conducive.
Profit repatriation policies should also be looked at to ensure that a company can easily take out profits from the nation. Another important element are any foreign ownership restrictions on certain businesses to ensure that you are allowed to do business in that sector.
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what is a supply chain? select one: a. it is a system of activities, people, organizations, and resources which provide feedback to companies for product enhancements and new product ideas. b. it is a system of activities, people, information, organizations, and resources participating in moving a service or product from supplier to customer. c. it is a marketing channel where different channel partners are evaluated in regards to the value offered to the customer.
The network of all the individuals, organizations, businesses, assets, tasks, and technical developments involved in the manufacture and distribution of a good is known as a supply chain.
Which three supply chains are the most important?The three main flows in supply chain management are the product flow, the information flow, and the money flow. The "product flow" is the movement of goods from a supplier to a buyer. This supply chain management cycle also addresses customer returns and servicing needs.
What is the main purpose of the supply chain?Supply chain managers monitor logistics and update the company's inventory. They evaluate operating efficiency and deal with issues. To ensure that all operations (like shipping and delivery) follow the highest possible standards of quality and safety.
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Hebert Simon cited in Certo & Certo (2014) questioned the ability of managers to make rational decisions. In his opinion, managers are not able to make perfectly rational decision. Do you agree? why/why not? Secondly, it is often said that managers often make decisions without all the necessary information. Why is this so
Situations and scenarios affects the ability of managers to make rational decisions.
Let understand that an approach of making rational decisions is based on obtained data which effectively allows decision-making, thereby reducing chances of errors, assumptions and all causes for poor judgments
Thus, the main key for decision-making strategy is information and data management. The problem cited by Hebert Simon is because some of decision made by managers are based on assumptions.In conclusion, quick and rational decisions should be embraced by manager although its requires keeping a track of information and data of different scenarios.
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Which one is not a Function in MS Excel?
MAX
ARG
MIN
SUM
Question 1 (2 points)
You can own a business that will allow you to compete with others to make a profit.
True or
False
Answer:
True
Explanation:
The principal purpose of building a business is to make profits. A business must provide solutions to particular needs and wants in the community to attract customers. Different entrepreneurs will offer alternative or similar solutions to a specific situation.
Anyone starting a business will target a particular set of customers. He or she must be ready to complete for those customers with other like-minded entrepreneurs. Competition is good in business as it makes entrepreneurs innovate on the best ways to serve their customers. It also gives customers alternatives.
The overall process of​ strategy, organization, concept​ generation, product and marketing plan creation and​ evaluation, and commercialization of a new​ product is the definition of?
The definition of the product development process is the total procedure of strategy, organization, concept generation, product and marketing plan formulation and evaluation, and commercialization of a new product.
What is the process of developing a product?Every step needed to bring a product from inception to market availability is included in the product development process. This involves identifying a market need, researching the competitive environment, imagining a solution, developing a product roadmap, developing a minimum viable product, etc.
Because they are ultimately responsible for the success or failure of the company's products, product managers serve as the strategic driving force behind the product development process.
However, this procedure is not purely a product management task. Numerous teams from within an organization must collaborate on and contribute to product development, including:
DevelopmentDesignMarketingSalesFinanceTestingLearn more about the product development process with the help of the given link:
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what was the motivation of record companies and radio stations in creating and targeting new demographics in the early 1970s?
increased sales and revenues was the motivation of record companies and radio stations in creating and targeting new demographics in the early 1970s
What film helped disco music earn massive crossover success with both black and white audiences?The popularity of Saturday Night Fever helped disco gain acceptability in the general public.When it was released in 1977, the movie appealed to audiences of all ages, and its soundtrack, which featured the Bee Gees and a number of obscure dance classics, went on to become the best-selling album in pop music history.In the history of salsa music, the 1970s were the most significant decade.Fania Records was successful in assembling a large number of outstanding Salsa artists and popularizing this genre through both radio and live performances, the most well-known of which were the "Fania All All-Stars" concerts.To learn more about pop music history refer,
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After graduation from high school in June, you and three classmates plan to travel around the United States. The plan is to visit the capital cities of all 48 contiguous states, taking numerous pictures along the way. The Sunnyside Camera Shop offers to give you a dozen rolls of 36-exposure color film for the trip free if you agree to let it develop and print all the rolls you use, for a stated price per roll. You agree. Are both you and the Sunnyside Camera Shop legally bound? What is the consideration for each party?
Answer:
Yes, both you and the Sunnyside Camera Shop are legally bound. The consideration for you is the free rolls of 36-exposure color film, and the consideration for the Sunnyside Camera Shop is the agreement to develop and print all the rolls you use for a stated price per roll.