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2 years ago

An owner had a profit margin of 50,000 last year.

Business

2 answers:

AnnZ [28]2 years ago

5 0

Answer: 95%

Explanation: If an owner had a $50,000 profit margin last year and did not have any additional expenses but received $1,168,000 her profit margin margin would be 95%.

To solve:

Gross profit = $1,168,000 - 50,000 = $1,118,000

Profit margin = 1,118,000/1,168,000 x 100 = 95%

babunello [35]2 years ago

3 0

1,200,000 is the answer i think, depends 2 what it rounds 2

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Highfill Corporation's variable overhead is applied on the basis of direct labor-hours. The standard cost card for product D80D

Vesnalui [34]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Standard direct labor hour per unit= 6.5 hours

Standard variable overhead= $6.8 per direct labor hour.

Actual production= 1,300 units

Actual direct labor hours= 8,500 hours

Actual variable overhead= $60,290

A) To calculate the variable overhead rate variance, we need to use the following formula:

Manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 60,290/8,500 hours= $7.093

Manufacturing overhead rate variance= (6.8 - 7.093)*8,500= $2,490.5 unfavorable

B) To calculate the variable overhead efficiency variance, we need to use the following formula:

variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Standard quantity= 1,300*6.5= 8,450 hours

variable overhead efficiency variance= (8,450 - 8,500)*6.8= $340 unfavorable

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2 years ago

Assume that when the price of cantaloupes is $2.50 the demand for cantaloupes is unit-elastic, and that the demand curve for can

Maru [420]

Answer:

The correct answer is option A.

Explanation:

The demand for cantaloupes is unitary elastic at price level $2.50. The demand curve here is linear and downward sloping. The elasticity of demand is 1.

In this linear demand curve the lower portion will represent inelastic demand.

When the price level is reduced to $2 the demand will move to the lower portion of the curve, with fall in price and increase in demand.

So, at $2 price the demand will be inelastic, which means it will be between 0 and 1.

4 0

2 years ago

Rosa, a human resource professional, is redesigning several jobs at the factory where she works. She recognizes that most of the

Korvikt [17]

There are three ways in which a manager can redesign an employee's job: job enrichment, job enlargement and job rotation.

Explanation:

There are three ways a manager can redesign an employee's job:

job enrichment,
job enlargement
job rotation.

Job redesign is an technique using which job responsibilities, tasks are reviewed, and are re-allocated among the employees, to improve output. Redesigning jobs can lead to improvements in both productivity and in job satisfaction. of the employees

For example: Samantha is , a customer service representative at a large call center. She performs the same task of attending phone calls on a daily basis .This redundancy of task will lead to the reduction in the productivity of Samantha. To increase her productivity the HR plans to redesign her job,the HR might increase or decrease the number of calls she takes each day OR THEY might plan to give her training so that she can be moved to a more specialized group, such as tech support or sales, or the HR might change her role, such as to a supervisory or training position.

This change in the job profile(Job Redesign) of Samantha will lead to an increase in the productivity and motivation.

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2 years ago

A school district is borrowing $40,000,000 over 17 years to fund a building expansion project. The school board can borrow annua

tangare [24]

Answer:

borrow for one year at 1.75% and then must borrow fixed.

Explanation:

This option appears to be more economically advantageous and would save all jobs. Consider why this is the case from the interest paid in each option:

The Interest rate paid at 1.75%:

for one year at 1.75% = $700, 000 (1.75%x40,000,000)
for annually up to five years at 1.75%= $3,500,000 (1.75%x40,000,000x5 years).

The Interest rate paid at 4%:

borrow fixed for 16 years at 4% = $25,600,000 (4% x 40,000,000 x 16)
borrow fixed for 12 years (17-5) at 4% = $19,200,000 (4% x 40,000,000 x 1,600,000)

Total:

First option = $26,300,000 plus all jobs saved

Second option = $22,700,000

Therefore, the first option is more economically advantageous.

3 0

2 years ago

Which situation could be the best example of an oligopoly?

Darya [45]

Answer:

The answer is most likely A. new producer of power tools has entered the market and is relying on low prices to attract consumers.

Explanation:

In an oligopoly, there is only a handful of companies operating in the industry and they all present similar types of goods and services (but they can differ too)

The goods and services are closedly priced in an oligopoly market. This means that the price between the goods offered by the companies in the market do not change much between the companies.

So a new manufacturerentering the market has to use a market penetration strategy and set the prices low.

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2 years ago

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