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Umnica [9.8K]
2 years ago
13

If I have the only telephone in town, it is essentially worthless. Then other people in town get telephones and I can call them.

The value of my telephone rises as more and more of the town installs phones. This makes the telephone a(n) __________ good.
Business
1 answer:
ivolga24 [154]2 years ago
5 0

Answer:

Explanation:

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Brief Exercise 5-8 Cullumber Company has a unit selling price of $630, variable costs per unit of $300, and fixed costs of $327,
IRISSAK [1]

Answer:

(a)

Mathematical Equation for break-even

F = QP - QV

Where

F = fixed cost

Q = Break-even quantity

P = Selling price

V = Variable cost

F = Q ( P - V )

Q = F / ( P - V )

Q = $327,030 / ( $630 - $300 )

Q = $327,030 / $330

Q = 991 units

(b)

Contribution Margin = Price per unit - Variable cost per unit

Contribution Margin = $630 - $300 = $330

Break-even Point in Units = Fixed Cost / Contribution margin per unit

Break-even Point in Units = $327,030 / $330 = 991 units

Explanation:

Mathematical equation use the the break-even equation which represent the behavior of each element towards the break-even point.

Contribution per unit method use the contribution of each unit to calculate the break-even point.

5 0
2 years ago
Let's say that you're the sole IT person in your company, and your boss wants a way to block certain websites from employees. Wh
forsale [732]

Answer:

proxy server

Explanation:

A proxy server is an application on a server that manages the requests when a a client tries to get the resources from the server and when someone is trying to get into a website the proxy server makes the request, provides the response from the web server and sends the data so it can be visualized and in this process, it can block the access to certain websites. According to that, the answer is that you have to set up a proxy server to help with this request as it will allow you to block the websites.

8 0
2 years ago
Birk Co. uses a job order cost system. The following debits (credits) appeared in Birk's work-in-process account for the month o
svp [43]

Answer:

The amount of direct materials charged to Job No. 5 is $5,200.

Explanation:

Work in process, April 30 = Balance + Direct material + Direct labor + Factory overhead - Cost of finished goods

                                            = $4,000 + 24,000 + 16,000 + 12,800 - 48,000

                                             = $8,800

Job No 5 = Work in process, April 30 = $8,800

Job No 5 = Direct material + Direct labor + Factory overhead

$8,800 = Direct material + $2,000 + $1,600 ($2,000 * 80%)

Direct material = $8,800 - $2,000 - $1,600

                         = $5,200

Therefore, The amount of direct materials charged to Job No. 5 is $5,200.

5 0
2 years ago
Champion manufactures winter fleece jackets for sale in the United States. Demand for jackets during the season is normally dist
m_a_m_a [10]

Answer:

The question puts

Mean demand to be 20000

Standard deviation to be 10000

Storage cost = 60-30= 30

Excess cost to be 30+5-25 = 10

For shipping to south america

Excess cost = 30+5+5-35 = 5 dollars

A.

It is of more benefits to ship to south america because we have an excess cost of 5 dollars and excess clearance cost of 10 dollars

B.

Production and profitability are high for south america. Please check attachment for the calculations I added

C.

Number of units

27142-20000

= 7142 units.

5 0
2 years ago
Jackson Brothers decided to create a petty cash fund. They estimated that $200 would be needed in the fund. Demonstrate the corr
jok3333 [9.3K]

Answer:

Petty Cash is debited for $200; Cash is credited for $200

Explanation:

Based on the information given in a situation were they decided to create a petty cash fund in which it was estimated that the amount of $200 would be needed in the petty cash fund which means that the correct journal entry to create the account is to DEBIT Petty Cash with the amount of $200 and to CREDIT Cash with the amount of $200.

Petty Cash is debited for $200

Cash is credited for $200

6 0
2 years ago
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