answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
blsea [12.9K]
2 years ago
8

Giant Company has three products, A, B, and C. The following information is available:

Business
1 answer:
myrzilka [38]2 years ago
7 0

Answer:

$24,000

Explanation:

                             Product A      Product B     Product C

sales                        70,000            97000

Variable  cost           37000            51000

Contribution margin 33000            46000

Avoidable cost          10,000           20000

Unavoidable cost       7000             12000         9400

Operating income      16000            14000

Total operating income if product C is dropped is (16000+14000 +3400-9400)

=$24000

Please note that Giant company with still incur the unavoidable cost even if the product is dropped. This is assumed to be a portion of the fixed overhead expenses allocated to the product in the course of normal operation.However , the loss made of 3400 will be avoided as well

You might be interested in
If Katerina were delivering an expository speech about strip mining, she would be presenting _______________________. a. an info
Mrac [35]

Answer:

a. an informative process speech

Explanation:

An expository speech is one that explains the processes involved in doing an activity. It is meant to inform the audience on processes involved in executing a task.

In this scenario strip mining is the process of removing the top layer of soil in order to gain access to a mineral. This process is opposed to digging of deep holes to access minerals. The method is commonly used in coal reserves.

An expository speech by Katerina on strip mining will be an informative process speech on this process of mining minerals

3 0
2 years ago
Mitsubishi Heavy Industries Ltd. and other Japanese companies manufacture airplanes under license to U.S. firms and also work as
Whitepunk [10]

Answer:

This type of effort is known as <u>collaboration</u>

Explanation:

Collaboration among businesses involve them <u>working together to achieve common business goals which could be </u><u>manufacturing </u><u>or marketing goals.</u>

In such instances, the businesses could combine their resource and share expenses among themselves and this helps reduce costs and increase efficiency.

7 0
2 years ago
Read 2 more answers
Vasquez Construction has been awarded a contract by a local school board to build a new public school and must provide a perform
alexdok [17]

Answer:

(a) The Vasquez construction is the principal, the surety is the party that underwrites the contract and local school board is the obligee.

(b) If Vasquez fails to finish the contract, then the surety will be required to pay for the loss suffered by the obligee due to the contract failure.

(c) In a surety bonds contract, the surety has a legal right to get back the losses from the principal.

Explanation:

Solution:

(a) Under a performance bond contract, the owners assures that the work will be completed within a specific time frame and contract specification.

In this example given, the Vasquez construction is the principal, the surety is the party that underwrites the contract and local school board is the obligee.

(b) If the Vasquez construction fails to complete or finish the contract, then the surety will be obliged to pay for the loss suffered by the obligee due to the failure of the contract.

(c) In a surety bond contract, the surety has a legal right to recover the losses from the principal. for this later on, the surety can recover it's loss from the principal.

4 0
2 years ago
Porter Company uses standard costs for its manufacturing division. Standards specify 0.1 direct labor hours per unit of product.
kkurt [141]

Answer:

1,370.85 Unfavorable

Explanation:

Standard rate :

= Budgeted variable overhead costs ÷ Budgeted direct labor hours

= $13500 ÷ 640

Direct labor hours = $21.09 per direct labor hour

Standard time to produce goods :

= Budgeted direct labor hours  ÷ Production volume

= 640 ÷ 6,400

= 0.10 hours

VOH Efficiency Variance

= ( SH − AH ) × SR

where,

SH are standard direct labor hours allowed

AH are the actual direct labor hours

SR is the standard variable overhead rate

(SH − AH ) × SR

= [(4,200 × 0.10) - 485] × $21.09

= (420 - 485) × $21.09

= 1,370.85 Unfavorable

5 0
2 years ago
A drug company is considering marketing a new local anesthetic. The effective time of the anesthetic the drug company is current
Luda [366]

Answer:

6) H0: μ≥ 7.4 versus H1: μ< 7.4

7) - 1.28

8) - 1.50

5 0
2 years ago
Other questions:
  • An economy has five people: george, sarah, mason, abbot, and jin. george works for plastics, inc., 40 hours a week. sarah works
    10·1 answer
  • You are the editor of a publishing company and are careful to register all of your books with the U.S. Copyright Office. One of
    13·1 answer
  • After deciding to buy a new car, you can either lease the car or purchase it on a two-year loan. The car you wish to buy costs $
    5·1 answer
  • We are evaluating a project that costs $630,700, has a seven-year life, and has no salvage value. Assume that depreciation is st
    9·1 answer
  • Thinking back to the "Going on a Business Trip to China" case study below, does Judith demonstrate cultural intelligence? Yes or
    7·1 answer
  • Ten years ago, John purchased a deferred annuity and named his daughter, Suzanne, as beneficiary. Over the years, John invested
    7·2 answers
  • You work for RBEY, Inc., a corporation that manufactures wooden furniture. You are a procurement officer, responsible for purcha
    6·1 answer
  • Consider two cities, City A and City B, which are entirely identical except that Uber operates in City A, but not in City B. Con
    14·1 answer
  • Rust Pipe Co. was established in 1994. Four years later the company went public. At that time, Robert Rust, the original owner,
    6·1 answer
  • Determine if the items represent an example of positive economics or normative economics. The richest 1% of americans should pay
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!