Answer:
Her personal savings rate is 25%
Explanation:
The formula to compute the personal saving rate is shown below:
= (Earning amount ÷ Net income amount)
where,
Earning amount or saving amount is $68,000
And, the net income or current income equal to
= Earnings - taxes
= $68,000 - $16,000
= $52,000
Now put these values to the above formula
So, the value would equal to
= $13,000 ÷ $52,000
= 0.25 or 25%
When presenting a business plan to a group of potential investors, you must expect questions to be thrown at you. You have to respond to those questions in a non-aggressive and professional manner. Here are some tips.
1. You have to listen and absorb each question.
2. Commend the person who asked the question by saying something like “Thanks. That’s a good question.”
3. Respond to the questions honestly and to the best of your ability. If you do not know the answer to the question, tell them that you will have to research more on it and will get back to them.
4. You have to also make sure that the potential investors understood your answer by clarifying, “Does that answer your question?”
Based on the information given, it should be noted that the variable cost per unit will be $14.
The variable cost per unit will be:
= Direct materials + Direct labor + Variable manufacturing overhead + Sales commission + Variable administrative expenses
= 7 + 4 + 1.5 + 1 + 0.5
= 14
The total amount of variable cost will be:
= 14 × 18000
= $252000
When 22,000 units are produced and sold, the total amount of variable cost will be:
= 22000 × 14 = $308000
The average fixed cost manufacturing cost per unit will be:
= (20000 × 5)/18000
= 5.56
When 22,000 units are produced, the average fixed manufacturing cost per unit produced will be:
= (20000 × 5)/22000
= 4.55
The total amount of fixed manufacturing overhead incurred will be:
= 20000 × 5
= $100000.
Learn more about variablescost on:
Answer:
1) total variable cost per unit $14
2) total variable cost per unit $14
3) total variable cost = $14 x 18,000 = $252,000
4) total variable cost = $14 x 22,000 = $308,000
5) average fixed manufacturing cost = $100,000 / 18,000 units = $5.56 per unit
6) average fixed manufacturing cost = $100,000 / 22,000 units = $4.55 per unit
7) total fixed manufacturing overhead = $100,000
8) total fixed manufacturing overhead = $100,000
Explanation:
The company's variable costs for producing 20,000 units
The company's variable costs for producing 20,000 units
Answer:
the volume would be V₂ = 5225 in³
Explanation:
denoting w as width , L as length and h as height , then the volume of the box will be
V = w*h*L
the surface area will be
S= 2*w*h + 2*w*L + 2*h*L→ S/2 = w*h +w*L + h*L
and the sum of the lengths TL will be
TL = 4*h + 4*L + 4*w → TL/4 = w + h + L
if the dimensions would increase 1 unit , the volume would be
V₂ = (w+1)*(h+1)*(L+1) = w*h*L + w*h+ wL +w + hL + h + L +1 = w*h*L + (w*h+ wL+hL) + (w+h+L) + 1 = V + S/2 + TL/4 +1
V₂ = V + S/2 + TL/4 +1 = 4320 in³ + 1704 in²/2 *1 in + 208 in/4 * 1 in² +1* 1 in³ = 5225 in³
V₂ = 5225 in³
Answer:
the volume would be V₂ = 5225 in³
Explanation:
I took the test
Answer:
Planned orders for 70,000 boxes of Blueberry Muesli.
Explanation:
When a company implements planned replenishment of a particular inventory, once the inventory depleted to a particular level, the company will request for more supply of the inventory.
This strategy helps the company not to run out of inventory required to run their business. For example a business can decide that when stocks reduce to 20% they will replenish back to 100%.
In this case the replenishment should bring stock back to 100,000, and stock is at 30,000.
So the required stock to return it to 100,000 is 100,000- 30,000= 70,000 units.
Answer:
Sales tax is collected by the retailer when the final sale in the supply chain is reached via a sale to the end consumer. ... VAT (Value-Added Tax) is collected by all sellers in each stage of the supply chain. Suppliers, manufacturers, distributors and retailers all collect the value added tax on taxable sales.