To have the fixture pay for itself, a minimum of 750 pieces must be made per year.
To calculate the number of pieces required to recover the cost of the fixture, we need to consider various factors. Firstly, the estimated unit savings in direct labor is $20 per part if the tooling is used. This means that by using the fixture, each part will save $20 in direct labor costs. Additionally, there is a burden on labor saved, which is 35% of the estimated unit savings in direct labor. Therefore, the burden on labor saved is 35% of $20, which is $7.
Next, we need to consider the cost of each setup, which is $120. This cost includes expenses such as labor, equipment setup, and other associated costs. Since we are interested in determining the number of pieces needed to recover the cost of the fixture, we should focus on the setup cost only.
Now, let's consider the financial factors involved. The interest rate is 20%, which represents the cost of capital. We also have allowances for taxes and insurance (10%), depreciation and obsolescence (50%), and maintenance (25%). These allowances account for additional costs associated with owning and operating the fixture.
The cost of the fixture itself is $5,000. This is the initial investment that needs to be recovered over time.
To calculate the number of pieces needed to recover the fixture cost, we divide the setup cost by the total savings per piece. The total savings per piece is the sum of the estimated unit savings in direct labor ($20), the burden on labor saved ($7), and the setup cost ($120). Therefore, the total savings per piece is $147.
Now, we can calculate the minimum number of pieces required by dividing the fixture cost ($5,000) by the total savings per piece ($147). The result is approximately 33.97, which we can round up to 34. Hence, a minimum of 34 pieces must be made per setup.
Since we have one run per year, we need to multiply the minimum number of pieces per setup (34) by the number of setups per year (1) to get the total number of pieces required per year. Therefore, a minimum of 34 pieces must be made per year to have the fixture pay for itself.
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What is the difference between economic profit and producer​ surplus? A. Economic profit includes opportunity costs but producer surplus does not. B. Producer surplus includes variable costs but economic profit does not. C. Economic profit includes fixed costs but producer surplus does not. D. Economic profit includes marginal costs but producer surplus does not. E. Economic profit includes government taxes but producer surplus does not.
Answer:
c
Explanation:
Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product
Producer surplus = price – least price the seller is willing to accept
Economic cost is accounting profit less implicit cost
Accounting profit= total revenue - explicit cost
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
If you were to borrow $8,100 over five years at 0.12 compounded monthly, what would be your monthly payment? Round to two decimal places.
The monthly payment would be $18.05, rounded to two decimal places.
PV = (PMT x [1 - (1 + r)^-n]) / r
r = 0.12 / 12 = 0.01
8100 = (PMT x [1 - (1 + 0.01)^-60]) / 0.01
8100 = (PMT x 44.932) / 0.01
PMT = (8100 x 0.01) / 44.932
PMT = 18.05
Borrowing refers to the act of obtaining funds from an external source, typically a financial institution or another party, with the intention of repaying the funds at a later date with interest.
Borrowing is a common practice in business as it provides access to capital that can be used for a variety of purposes, such as expanding operations, purchasing equipment, or investing in research and development.
However, borrowing also carries financial risks as interest payments can add up quickly and if the business is unable to repay the borrowed funds, it may face financial difficulties or even bankruptcy. Therefore, it is important for businesses to carefully consider their borrowing needs and to have a solid plan for repaying the borrowed funds.
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changes in demand for the product (shifters of resource demand)
Changes in demand for a product can result in significant shifts in resource demand. When demand for a product increases, producers will need to use more resources, such as labor, raw materials, and energy, to keep up with demand.
On the other hand, when demand for a product decreases, resource demand will also decrease, as producers scale back production and use fewer resources. This decrease in resource demand can lead to lower prices for these resources, as suppliers try to sell their excess inventory.
In addition, changes in demand can also affect the types of resources that are in demand. For example, if demand for a product that requires a certain raw material increases, the demand for that material will also increase, while the demand for other materials may decrease. This can cause shifts in production and resource allocation across industries, as suppliers try to meet changing demands.
Overall, changes in demand for a product can have far-reaching effects on resource demand, prices, and production across industries. Understanding these shifts in resource demand can help producers and suppliers make informed decisions about resource allocation and pricing strategies.
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analysts must be aware that with the use of absorption costing, as inventory absorbs more fixed costs, reported net income tends to
Multiple Choice a. remain the same. b. become highly volatile. c. decrease. d. increase.
Analysts must be aware that with the use of absorption costing, as inventory absorbs more fixed costs, reported net income tends to decrease (option c).
This is because fixed costs are spread out over the entire inventory, resulting in a higher cost of goods sold and lower net income.
Absorption costing is a method of allocating both variable and fixed production costs to the products manufactured. This includes direct materials, direct labor, and overhead costs, such as rent, utilities, and salaries of production supervisors. Under this method, all of the production costs are included in the cost of goods sold, whether the products are sold or remain in inventory.
As a result of including fixed production costs in the cost of goods sold, net income tends to decrease as inventory levels increase. This is because a larger proportion of fixed costs is absorbed by inventory, which results in a higher cost of goods sold and a lower net income. This is because fixed costs are spread over a larger number of units, which decreases the cost per unit and increases the amount of inventory on hand.
therefore, the correct option is c. decrease.
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Alice has decided that she will specialize in selling farm land. Which area of specialization would she fall into?
Alice has decided that she will specialize in selling farmland she would fall type of property specialization.
What is the importance of Farmland?Farmland supports wildlife by giving it food and cover, helps prevent flooding, safeguards wetlands and watersheds, and upholds air quality. In addition, there is a chance that new energy crops grown on farmland will take the place of fossil fuels.
The farmhouse is non-business property, but the land, equipment, animals, and other assets utilized in farming are considered company property. The tax treatment varies for each form of property. Depending on the asset, gains and losses may be either capital or ordinary.
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what does the consumption of a product like nikes mean to andre hank, the formerly homeless consumer discussed in the text?
The consumption of a product like Nikes by Andre Hank, the formerly homeless consumer discussed in the text, has immense symbolic value.
It demonstrates that Andre has been able to overcome his homelessness and improve his life. His purchase of the Nikes indicates that he is becoming more financially stable and has achieved a higher level of comfort.
Additionally, it could mean that Andre is trying to make a statement about his transformation and is sending a signal to the world that he is a successful individual.
Explaining further, Andre’s purchase of Nikes symbolizes his commitment to improvement. By investing in a recognizable brand, Andre is indicating that he is a person of means and that he has achieved a level of success.
He is demonstrating to himself and others that he is capable of achieving the same level of comfort and success as those around him. It serves as a reminder that he has come a long way since he was homeless. The purchase of Nikes also shows that Andre is confident enough to make a statement about his newfound success.
He is showing the world that he is capable of achieving financial stability, which serves as a reminder that anyone can overcome their circumstances and improve their life.
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Fiat money Select one: a. has no intrinsic value. b. is any close substitute for currency such as checkable deposits. c. is a medium of exchange but not a unit of account. d. is backed by gold.
Answer:
is a medium of exchange but not a unit of account
By 2012, about one-third of U.S. households had a device that could play a Blu-ray movie (including PlayStation 3). Why was this statistic concerning for Sony?
a. At the same point in the DVD format's life, over half of U.S. households had a device for playing DVDs. b. Blu-ray could deliver a theater-like experience at home, with brilliantly clear video and surround-sound audio, on high-end LCD and plasma televisions. c. Toshiba had released its own Blu-ray disc player. d. The availability of Blu-ray format streamed content was increasing
By 2012, about one-third of U.S. households had a device that could play a Blu-ray movie (including PlayStation 3). This statistic was concerning for Sony because at the same point in the DVD format's life, over half of U.S. households had a device for playing DVDs. (Option A)
Adoption rate for Blu-ray
This means that the adoption rate for Blu-ray is comparatively slower as compared to the DVD. Even though the Blu-ray has an amazing picture and sound quality. Due to the slow adoption rate, this can ultimately lead to less sales and affect the business. Also the slow adoption rates also signifies the competing formats like streaming that is performing well in the market. This can lead to a loss of Blu-ray products in the coming future and make it more difficult for the organization to compete. Therefore, it was a matter of concern for the organization.
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Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as:.
Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as User-generated content.
User-generated contentUGC for short is content that is created, published or submitted by users of a brand. In numerous cases, it's the most influential content for brands. Usually, contributors are unpaid fans who encourage a brand instead of the brand promoting itself.
Online users are evolved increasingly savvy in knowing which companies are using messy marketing tactics, and which ones are being genuine and evident.
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franchises will generally have higher ____, but they offer ongoing support and training.
Franchises will generally have higher direct financing but they offer ongoing support and training.
What is the meaning of financing?Finance is the study and practice of money, money-related instruments, and capital assets. It is associated with economics, which refers to the study of the creation, transfer, and consumption that money, assets, goods, and services, but it is not the same as economics.
The process of raising capital or finances for any type of spending is known as financing. It is the act of directing various financial resources—such as credit, loans, and invested capital—to those parts of the economy that need them most or can use them most effectively.
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In her business communications class, matilda's teacher is focusing the week's lessons on correctness. paying attention to this characteristic will help communications be what? question 3 options: a. inclusive b. friendly and positive c. accurate and error free d. free from unnecessary words
In Matilda's business communications class, focusing on correctness will help communications be accurate and error-free.
Correctness in business communication means that the message is free from grammatical errors, typos, and other mistakes that could lead to confusion or misinterpretation. When communications are correct, they decision-making are clear and easy to understand, ensuring that the intended message is received and acted upon. Accuracy is particularly important in business communication, where even a small error could have significant consequences, such as causing a miscommunication that leads to a missed deadline or lost business opportunity. By focusing on correctness, Matilda and her classmates will learn how to produce clear, accurate, and error-free business communications that are effective in achieving their intended goals.
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What are classes offered in real time known as?
A.
realtime lessons
B.
live lessons
C.
digital lessons
D.
calendar classes
The classes that are offered in real time are known as live lessons. The correct option is b.
Live lessons are defined as synchronous events organized in a live virtual meeting room where students and teachers have their lesson online, communicating via video, voice, and whiteboard. Live classes make distance learning possible. It allows the instructor and the learner to be at different locations, yet connect in real-time to discuss the subjects. Further, real-time classes add confidence and credibility to those classes. It also gives the instructor a chance to prove their command on the subject.
Thus, the classes that are offered in real time are known as live lessons.
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Help please!!!!!!!!!!!!
A tangible item such as a smartphone contains multiple intellectual property elements that are crucial in protecting the company's interests and ensuring the item's success in the market.
How to describe a tangible intellectual property?A smartphone is a tangible item that contains several intellectual property elements. First, it may contain patented technology, such as its camera or fingerprint scanner, which are protected by exclusive rights granted by the government.
Second, it may bear a trademark, which is a word, symbol, or design that identifies and distinguishes the product from others. The trademark may include the company's logo or the name of the smartphone model. Third, it may contain copyrighted software, such as the operating system or pre-installed apps, which are protected by the copyright laws.
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what is the study of business
Explanation:
The study of business is about how individuals and groups of people organise, plan, and act to create and develop goods and services to satisfy customers. Business is influenced by and impacts on the cultural, ethical, environmental, political, and economic conditions of the day
Explanation:
business studies is an academic subjects taught in many schools and higher education institutions in the world .
A country produces 3000 new capital goods in a week. 500 of those replace worn out capital goods. what is the net investment made?
A country produces 3000 new capital goods in a week. 500 of those replace worn out capital goods. The net investment made is 2500.
An asset or object acquired with the intention of creating income or recognition is referred to as an investment. A purchase of goods that are not consumed right away but will be utilized to create wealth down the road is referred to as an investment in an economic outlook.
A company makes a capital investment when it buys tangible assets to utilize in achieving its long-term goals and objectives. Among the assets that are bought as capital investments are real estate, factories, and equipment.
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Regulatory requirement of health insurance that requires the insurance company to sell a policy to anyone who requests it. Question 3 options: adverse selection issue individual mandate issue guaranteed issue moral hazard issue
The regulatory requirement of health insurance that requires the insurance company to sell a policy to anyone who requests it is known as "guaranteed issue."
Guaranteed issue is a regulatory requirement in health insurance that ensures insurance companies must sell a policy to any individual who requests it, regardless of their health status or pre-existing conditions. This requirement aims to eliminate the practice of denying coverage or charging higher premiums based on an individual's health condition. By implementing guaranteed issue, insurance companies cannot selectively choose who they provide coverage to, thereby reducing adverse selection issues and ensuring that individuals have access to essential health insurance coverage.
This requirement promotes equal access to health insurance and protects individuals from being denied coverage due to their health status.
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list the stages of team development
Answer:
Stage 1: Forming. Feelings. ...
Stage 2: Storming. Feelings. ...
Stage 3: Norming. Feelings. ...
Stage 4: Performing. Feelings. ...
Stage 5: Termination/Ending. Some teams do come to an end, when their work is completed or when the organization's needs change.
True or false? For complements, a decrease in the price of one good will decrease the demand for the other good.
The statement for complements, a decrease in the price of one good will decrease the demand for the other good is true because decrease in the price of complementary goods will shift the demand curve rightward.
When the cost of complementary goods decreases, demand for a given commodity increases, and vice versa. For instance, if the cost of a complementary good, such as gasoline, declines, demand for a given commodity, such as a car, will rise.
When two goods are complements, they experience joint demand - the demand of one good is linked to the demand for another good. Therefore, if a higher quantity is demanded of one good, a higher quantity will also be demanded of the other, and vice versa.
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Your friends' credit scores are 560, 675, 710, 590, and 640. Your credit score is 680. What is the difference between the average credit score of your friends and your credit score?
Answer:
mine is higher by 45 points
Explanation:
Average score is the total score divided by number of entries
Average credit score = 560 + 675 + 710 + 590 +640 / 5
=3175/5
=635
friends average credit score = 635
My credit score =680.
the difference = 680-635=45 credit points
my credit score is better by 45 points
during and in the aftermath of the financial crisis of 2007-2009, planned investment fell substantially, despite significant decreases in the real interest rate. which of the following factors related to the planned spending function could explain this? (check all that apply.) a. an increase in financial frictions. b. a decrease in the marginal propensity to consume. c. a decrease in autonomous net exports. d. a decrease in firms' planned autonomous investment.
The following factors related to the planned spending function could be :-
A decrease in firms' planned autonomous investment and An increase in financial frictions.
Autonomous investment is the portion of the overall funding made via a central authority or different institution independent of monetary issues. those can encompass authorities investments, funds allocated to public goods or infrastructure, and any other type of investment that is not dependent on modifications in GDP.
Autonomous investment is investment Spending that doesn't rely upon the extent of real GDP, or Y.
Autonomous investments encompass stock replenishment, government investments in infrastructure projects including roads and highways, and other investments that keep or enhance a rustic's economic ability.
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What is the total cost to conduct a market research survey will $500 base fee plus $3 per question and 1.25per person surveyed? The survey has 13 questions and will be sent to 300 people.
answer: The survey has 12 .
Explanation:
Applying a________ to material within study materials will help students to recall information during a test.
a. Visual framework
b. Personal key
c.Ladder system
d.None of these
Answer:
Applying a visual framework to material within study materials will help students to recall information during a test.
Explanation:
in a chained conditional like the image below, what reserved word would you use for the second statement (a second branch)?
In a chained conditional, the reserved word that would be used for the second statement (a second branch) is "elif".The chained conditional consists of several conditions that are used to determine which block of code should be executed. These conditions are chained together using the reserved words "if" and "elif".
The first condition in the chained conditional is checked. If it is true, the block of code associated with that condition is executed. If the condition is false, the next condition in the chain is checked. This process continues until a condition is found to be true, or until there are no more conditions to check.When a condition in the chained conditional is true, the block of code associated with that condition is executed, and the rest of the conditions in the chain are ignored. This is because the chained conditional is designed to execute only one block of code, even if multiple conditions are true.The "elif" reserved word is used to add additional conditions to the chained conditional. It stands for "else if" and is used to check a new condition if the previous condition was false. An "elif" statement can be added to the chained conditional as many times as needed to check all the conditions necessary.For such more question on execute
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maryanne offers to sell her 2015 mustang convertible to april for $15,000, and april agrees to those terms. april brings the $15,000 to maryanne, and maryanne promises to deliver the mustang to april the next day after she has it detailed. at this point, maryanne and april have:
At this point, maryanne and april have an executory contract
An executory contract is a contract that has not yet been fully performed or fully executed. It is a contract when both parties have significant performance obligations still to fulfil. An obligation to pay money, especially one that is significant, typically does not render a contract enforceable. If refusing to fulfil a requirement might lead to a breach of the contract, it is considered to be fundamental.
Any time two parties depend on one another for particular goods, services, or payments, a contract is required. This is usually known as the executory contract. Both parties have security when the precise payment schedule and expectations are laid forth. The contract will be referenced by all parties in the event of a disagreement because it contains all of the details.
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1. Which of the following is an example of an economic policy in action?
a.) a local school district cutting property taxes, leaving more money in the hands of homeowners
b.) the amount of money in circulation in an economy
c.) the requirement by the Federal Reserve that banks have a certain amount of cash stored
d.) the interest rate the Federal Reserve charges banks for borrowing money
2.) What is a benefit for a government to issue stimulus checks to its citizens?
a.) The money in the Federal Reserve will be emptied, which causes the economy to reset and then begin to increase at a very fast rate.
b.) Basic needs can be paid for and even some consumer spending can occur, thus stimulating the economy.
c.) A country can transition from a "developing" country to a "developed" country.
d.) All spending will cease, thus, making the economy expand and develop further.
1. An example of economic policy in action is the interest rate the Federal Reserve charges banks for borrowing money. The correct answer is option D.
2. A benefit for a government to issue stimulus checks to its citizens is for paying basic needs and even some consumer spending can occur, thus stimulating the economy. The correct option is D.
Economic policies encompass all decisions made by the government concerning taxation, redistribution, and the availability of money.
Stimulus checks are direct government payments made to individuals during times of economic difficulty. They are intended to increase consumer confidence and spending by going to taxpayers, who will then use them to stimulate revenue at merchants and manufacturers. As such, they are intended to stimulate the economy.
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_____ include tools and equipment used to produce goods and services.
a. Capital resources
b. Consumer resources
c. Human resources
d. Natural resources
Answer:
The correct answer is B!
Explanation:
Consumer resources, include tools and equipment used to produce goods and services. Thus, option (b) is correct.
What is goods?
The term goods as the another name was the commodities. The goods are the sold to the exchange of the money. The goods are the produced with the help of raw material. The goods are the based on the two prices, such as the manufacturing prices and retail prices. The goods are the two types are the raw goods and the finished goods.
According to the manufactured goods and services as the companies are the manufacturing to the based on the consumer resources. The foundation is built on economic development. Factors of production are the resources used to create all commodities and services.
As a result, the consumer resources, include tools and equipment used to produce goods and services.
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NEED ASAP
What are the steps for properly carrying an item
Answer:
Do not twist or turn the body; instead, move your feet to turn. Your hips, shoulders, toes, and knees should stay facing the same direction. Keep the load as close to your body as possible with your elbows close to your sides. If you feel fatigued, set the load down and rest for a few minutes.
Explanation:
An appraiser estimates that a property will produce NOI of $25,000 in perpetuity, yo is 11 percent, and the constant annual growth rate in NOI is 2. 0 percent. What is the estimated property value
Answer: An appraiser estimates that a property will produce NOI of $25,000 in perpetuity, yo is 11 percent, and the constant annual growth rate in NOI is 2.0 percent. What is the estimated property value? $277,778.
Explanation:
By not distinguishing between direct and indirect costs in their performance reporting, many companies:
A. Generate more useful control potential for managers.
B. Can cause poor decision-making.C. Focus on long-term results.
D. Focus on short-term results.
E. Clearly distinguish between controllable and non-controllable costs.
By not distinguishing between direct and indirect costs in their performance reporting, many companies can cause poor decision-making. Here option (B) is the correct answer.
Direct costs are those that may be without problems traced to specific services or products, whilst oblique expenses are extra hard to allocate and can be shared across a couple of services or products. Failing to distinguish between direct and oblique fees can cause inaccurate costing and pricing selections.
For instance, if a company lumps all of its costs collectively, it may overestimate the price of manufacturing one product and underestimate the cost of manufacturing another. This could cause pricing choices that are not aligned with the true fees of production, which may affect profitability.
Moreover, not distinguishing between direct and indirect charges could make it tough for managers to become aware of areas where fee discounts may be made.
With the aid of without a doubt identifying the fees associated with every product or service, managers can better recognize which expenses are controllable and non-controllable, and take suitable actions to improve profitability.
In precis, failing to distinguish between direct and indirect charges in performance reporting can reason bad decision-making, which may negatively affect a company's profitability and competitiveness in the long run.
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Most bonds require par value to be repaid _______ and interest to be paid _________.
Most bonds require par value to be repaid at maturity and interest to be paid semi-annually.
What is a bond?
A bond is a debt instrument used by businesses to raise capital needed for business operations. Bondholders earn interest on the amount invested at predetermined intervals and at the maturity of the bond, they are paid back the amount invested.
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