Bobby decides to sell lemonade on a hot summer day. If Bobby sells 25 glasses of lemonade for $3.00 per cup, and his average total cost is $2.60, what are Bobby's economic profits for the day

The preparation of Sunland Company's Direct Materials Budget for the First and Second Quarters ended June 30, 2022 is as follows:

                                    First Quarter  Second Quarter

Ending raw materials        12,654             9,996 (3,332 x 3)

Production requirement  26,505            31,635 (10,545 x 3)

Materials available           39,159              41,631

Beginning inventory        10,602             12,654

Purchases                       28,557             28,977

Cost of purchases     $114,228         $115,908 ($28,977 x $4)

Data and Calculations:

                                   First Quarter  Second Quarter   Third Quarter    Total

Sales units                        5,700                 6,840                   7,980

Ending inventory               1,710                  1,995

Units available for sale    7,410                  8,835

Beginning inventory        1,425                   1,710                    1,995

Production requirement 8,835               10,545                    8,330

Thus, the direct materials budget for Sunland Company is prepared as above.

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Based on the fact that Chester decides to absorb the new labor cost, the units needed to breakeven would be 1,566 units.

The current fixed costs are $8,346.

The current contribution margin is $11,401

The units sold are:

= Sales / Selling price

= 30,785 / 16

= 1,924 units

The new contribution margin would be:

= Current contribution margin - Increase in labor costs

= 11,401 - ( (3.55 - 2.95) x 1,924)

= $10,255.60

Breakeven point is:

= Fixed costs / Contribution margin per unit

= 8,346 / (10,255.60÷ 1,924 units)

= 1,566 units

In conclusion, the breakeven point is 1,566 units

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Answer:

house

Explanation:

Answer:

13000-16000=3000

The property depreciated for 18.75 percent

Answer:

What Is Rent Seeking?

Rent seeking (or rent-seeking) is an economic concept that occurs when an entity seeks to gain added wealth without any reciprocal contribution of productivity. Typically, it revolves around government-funded social services and social service programs.

Key takeaways

Rent seeking is an economic concept that occurs when an entity seeks to gain wealth without any reciprocal contribution of productivity.The term rent in rent seeking is based on the economic definition of “rent,” which is defined as economic wealth obtained through shrewd or potentially manipulative use of resources.An example of rent seeking is when a company lobbies the government for grants, subsidies, or tariff protection.Rent seeking comes in many forms from lobbying or donating funds.For example, if you donate money but write it off on your taxes, it could be considered a form of rent seeking.

The question is about the description of different cabins of cruise liner. Following is the description of each cabin,

Interior cabin : An interior cabin is the area of a cruise which has no window. On this cabin visitors can rest and enjoy the peace. There are luxury and relaxing sofas to relax and comfortable bed to have sound sleep.

Ocean view cabin : An Ocean view cabin is outside cabin which has window to look at the sea. It has luxury couch to sit and enjoy the pleasant view of the ocean.

Balcony Cabin : It is room of a cruise which has separate balcony attached to the room. However the balcony is small in size and there is space of only two chairs but the experience of viewing the ocean from it is unforgettable.

Guest can sit and enjoy their drinks while having beautiful view of ocean waves along with sea breeze.

Suite : This is largest room of the cruise and guests can experience special luxury perks in this room. The suite is a large room of the cruise which has separate lounge and sometimes separate swimming pool too.

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The world's fastest-growing economy in 2017 was China.

The People's Republic of China is a country located in East Asia that stands out for being one of the world powers and has experienced great economic growth in recent years.

China is characterized by having a mixed economic system in which it combines aspects of capitalism and the free market with aspects of socialism. During the revolution, China had a socialist political and economic system.

When their leader Mao died, political leaders began to modify aspects of the socialist economy by creating a mixed economy model that caused its rapid growth. A sample of this is that between 2001 and 2010 its growth was 10.5% and in 2017 it was 6.5%.

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Answer:

weight of discount

disfount on festival offer

Answer:

i think

Explanation:

Perhaps the earliest attempt to design jobs came during the era of scientific management. Scientific management is a philosophy based on the ideas of Frederick Taylor as presented in his 1911 book, Principles of Scientific Management. Taylor’s book is among the most influential books of the 20th century; the ideas presented had a major influence over how work was organized in the following years. Taylor was a mechanical engineer in the manufacturing industry. He saw work being done haphazardly, with only workers in charge. He saw the inefficiencies inherent in employees’ production methods and argued that a manager’s job was to carefully plan the work to be performed by employees. He also believed that scientific methods could be used to increase productivity. As an example, Taylor found that instead of allowing workers to use their own shovels, as was the custom at the time, providing specially designed shovels increased productivity. Further, by providing training and specific instructions, he was able to dramatically reduce the number of laborers required to handle each job.

Answer:

A medium of exchange; it allows people to obtain what they need to live.

Explanation:

Money is a medium of exchange; it allows people to obtain what they need to live. Bartering was one way that people exchanged goods for other goods before money was created. Like gold and other precious metals, money has worth because for most people it represents something valuable.

A commodity that is widely acknowledged as a means of economic exchange is money.

Reality, truth. The phrase "in true" and "out of true" both refer to the quality or state of accuracy, which is most often used with the.

Money serves as both a medium of transaction and a store of value. People agree to give money worth only when they consent to do so. Even while money and financial accounts may not have any worth on their own, when everyone decides to use them, money gains value.

Money performs a number of tasks including serving as a standard of deferred payment, a unit of account, a store of value, and a medium of exchange.

Therefore, Money is a commodity that is frequently used as a medium of economic exchange.

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Answer:

Needs : Frappuccino before work each day and winter coat

Wants: monthly loan payment and paying extra on the principal loan amount

Saving: rent on your apartment

Answer:

Explanation:

.

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6000 units, the number of units to be produced it the firm desires to make a profit of birr 10,000 assuming the fixed cost, variable cost, per unit and selling price per unit are 50,000 birr 10 and birr 20 respectively.

A variable cost is a business expense that varies according to how much a business provides or sells. Variable costs rise or fall in relation to a company's manufacturing or sales volume, rising as production increases and falling as production drops. Variable cost is defined as the type of cost that varies according to changes in the production levels.

According to the given amount are the based on the

sales = variable cost + fixed cost + profit

(20X) =  (10X) + (50000) + (10000)

sales = 6000 units

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The amount allocated to ending inventory is $3664.

LIFO is an inventory method that means last in, first out. It means that it is assumed that the latest inventory that is sold, is the first to be sold. Ending inventory is made up of inventory that is purchased eelier.

$2464 + $1200 = $3664

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Based on the information given, it can be deduced that on-shelf in stock percentage relates to the retailer.

It should be noted that on shelf in stock percentage simply means the measurement of the percentage of time that a particular product will be available on a shelf in a store.

On-shelf in stock percentage best describes a product availability metric for a retailer. This simply means a business where consumers buy goods from.

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Answer:

Estimated as Elastic Demand

Explanation:

Elastic demand is where a change in price causes a significant change in demand, therefore 20 hats to 15 hats can be considered significant and we can conclude that it's elastic demand.

The goal of a subsidy is to encourage production of a good.

A subsidy can be described as when the government reduces the cost of production or the cost of a good or service to consumers. It is a form of transfer of wealth from the government to consumers or producers.

The purpose of subsidies is to reduce the price of goods and services. This encourages production or consumption. Subsidies reduces the revenue of the government.

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The journal entries for the transactions by Danix co during the year, using a 360-day year are as follows:

Jan. 21 Debit Accounts Receivable (Black Tie Co.) $29,400

Credit Sales Revenue $29,400

Debit Cost of Goods Sold $17,640

Credit Inventory $17,640

Mar. 18 Debit Note Receivable (Black Tie Co.) $29,400

Credit Accounts Receivable (Black Tie Co.) $29,400

60-day, 6% note

May 17 Debit Cash $29,694

Credit Note Receivable (Black Tie Co.) $29,400

Credit Interest Revenue $294

June 15 Debit Accounts Receivable (Pioneer Co.) $15,700

Credit Sales Revenue $15,700

Debit Cost of Goods Sold $9,420

Credit Inventory $9,420

June 21 Debit 8% Note Receivable (JR Stutts) $6,000

Credit Cash $6,000

a 30-day, 8% note.

June 25 Debit Cash $15,700

Credit Accounts Receivable (Pioneer Co.) $15,700

July 21 Debit Cash $40

Credit Interest Revenue $40 ($6,000 x 8% x 30/360)

9% Note Receivable (JR Stutts) $6,000

Credit 8% Note Receivable (JR Stutts) $6,000

To record the exchange with a 60-day, 9% note.

Sept. 19 Debit Cash $6,090

Credit 9% Note Receivable (JR Stutts) $6,000

Credit Interest Revenue $90

($6,000 x 9% x 60/360)

Sept. 22 Debit Accounts Receivable (Wycoff Co.) $60,000

Credit Sales Revenue $60,000

Debit Cost of Goods Sold $36,000

Credit Inventory $36,000

Oct. 14 Debit 6% Note Receivable (Wycoff Co.) $60,000

Credit Accounts Receivable (Wycoff Co.) $60,000

Accepted a 60-day, 6%

Dec. 13 Debit Accounts Receivable (Wycoff Co.) $60,600

Credit Interest Receivable $600

Credit 6% Note Receivable (Wycoff Co.) $60,000

Dec. 28 Debit Cash $60,903

Credit Interest Receivable $600

Credit Accounts Receivable (Wycoff Co.) $60,600

Credit Interest Revenue $303

($60,600 x 12% x 15/360) interest for 15 days at 12% computed on the maturity value of the note.

Data Analysis:

Jan. 21 Accounts Receivable (Black Tie Co.) $29,400 Sales Revenue $29,400

Cost of Goods Sold $17,640 Inventory $17,640

Mar. 18 Note Receivable (Black Tie Co.) $29,400 Accounts Receivable (Black Tie Co.) $29,400 60-day, 6% note

May 17 Cash $29,694 Note Receivable (Black Tie Co.) $29,400 Interest Revenue $294

June 15 Accounts Receivable (Pioneer Co.) $15,700 Sales Revenue $15,700 Cost of Goods Sold $9,420 Inventory $9,420

June 21 8% Note Receivable (JR Stutts) $6,000 Cash $6,000 a 30-day, 8% note.

June 25 Cash $15,700 Accounts Receivable (Pioneer Co.) $15,700

July 21 Cash $40 Interest Revenue $40 ($6,000 x 8% x 30/360)

9% Note Receivable (JR Stutts) $6,000 8% Note Receivable (JR Stutts) $6,000

60-day, 9% note

Sept. 19 Cash $6,090 9% Note Receivable (JR Stutts) $6,000 Interest Revenue $90 ($6,000 x 9% x 60/360)

Sept. 22 Accounts Receivable (Wycoff Co.) $60,000 Sales Revenue $60,000

Cost of Goods Sold $36,000 Inventory $36,000

Oct. 14 6% Note Receivable (Wycoff Co.) $60,000 Accounts Receivable (Wycoff Co.) $60,000

Accepted a 60-day, 6%

Dec. 13 Accounts Receivable (Wycoff Co.) $60,600 Interest Receivable $600 6% Note Receivable (Wycoff Co.) $60,000

Dec. 28 Cash $60,903 Interest Receivable $600 Accounts Receivable (Wycoff Co.) $60,600Interest Revenue $303 ($60,600 x 12% x 15/360) interest for 15 days at 12% computed on the maturity value of the note.

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organization isn a group or team that works together to accomplish a task

There are different ways used by people to modify behavior.  behavior modification may Thato need to implement is punishment.

Behavior modification is simply known to be act of changing the behavioral trend via the use different means such as learning techniques, positive or negative reinforcement, punishment etc.

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Thato, a manager for an insurance company, was disappointed in Miya, one of his direct reports. Miya’s job is to sell insurance, but she did not meet her quota for calls to potential new customers in the last month. Thato let Miya know that, “If this continues in the next 30 days, you’ll probably be let go.” Which behavior modification may Thato need to implement?

a- negative reinforcement

b- punishment

c- extinction

d- positive reinforcement

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Answer:

True

Explanation:

Managing is to look over and control people or things to be sure everyone/everything works as intended.

The process of coordinating the individuals and the related resources is to be considered as management.

Option A is correct.

Coordination is the act of harmonizing and maintains a healthy synchronization between the activities and the workforce performing them.

The management is the method of synchronize and administer the working roles assigned to the team members or the workforce. This could be done by making a good hierarchy where it directs the work force to whom they are going to report.

Therefore, the provided statement is true.

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Answer: the answer is authority rule

Answer:

31x

17x

Explanation:

we should add 2x+29

we should subtract 10x and 27

It is called "cost efficiency" to the way in which a company, through specific commercial organization actions, manages to reduce the costs necessary to obtain a certain profit.

Thus, they seek to minimize the costs and operational losses of the company, with the aim of maximizing profits.

In this way, 3 ways in which an airline could increase its cost efficiency are:

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this information is true

Answer:

Today, the Chinese own Armour and the famous Smithfield hams, together with the most quintessential American brand of all: Nathan's Famous hot dogs, with its iconic annual eating contest. ... It remains the largest total acquisition of a U.S. company by the Chinese.

Explanation:

Answer:

Who is Hired and Fired

Explanation:

If this helped, please give brainliest answer! thanks!

Answer:

You Need To Provide More Information on the Question For An Answer

Explanation:

Not Information

It should be noted that the objectives of companies aren't thesame but rather, they're different.

The objectives of a company simply means the goals that a company wants to achieve. The objectives of companies aren't thesame but rather, they're different.

Companies focus in different objectives such as cost minimization, profit maximization, quality improvement, etc.

It should be noted that the order winners can be quality and cost while for the order qualifiers, this can be delivery and flexibility.

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