(a) A firm produces three products. Product A sells for $60; its variable costs are $20. Product B sells for $200; its variable costs are $120. Product C sells for $25; its variable costs are $10. Last year‚ the firm sold 1000 units of A‚ 2000 units of B‚ and 10‚000 units of C. The firm has fixed costs of $320‚000 per year. Calculate the break-even point of the firm. Selling Variable price cost (P) (V) $60 $20 $200 $120 $25 $10 TOTAL ASSIGNMENT NO. 2 Product A B C V/P 0.33 0.60 0.40 1V/P
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There are several strategies that can dramatically reduce cases of gun violence. First‚ there are no reasons for citizens to purchase any type of semi-automatic or assault weapons. Instead‚ they should only be able to purchase handguns for protection purposes. Allowing citizens to purchase assault weapons only translates into providing support for people that have wrong intentions. Because these weapons are easily available‚ people who intend to cause harm can obtain one and carry out their plan
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Due to the break-up of the sensor production monopoly‚ Andrews has decided to take this opportunity to differentiate the company from its competitors by focusing our resources and expertise towards two market segments while still maintaining some presence in the three remaining segments. By focusing on just two categories we ensure that our resources are not spread too thin‚ while at the same time‚ ensuring that we are taking advantage of profits in all markets and not wasting the equipment and resources
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Question 5.1 Explain the difference between fixed costs‚ semi-fixed costs‚ and variable costs. Fixed costs are those which do not change with the level of activity within the relevant range. These costs will incur even if no units are produced. For example rent expense‚ straight-line depreciation expense‚ etc. Fixed costs are those which do not change with the level of activity within the relevant range. These costs will incur even if no units are produced. For example rent expense‚ straight-line
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threshold ABLE - Traditional Segment Marketing:For this product we already gained a significant market penetration in the first round. Therefore‚ we did not make any major changes to the marketing camping. Except for bringing the price down by $1 Plant Utilization: Due to a large inventory we utilized only about 10% of the 1st capacity. Anticipating using full capacity next round. Forecasting: We anticipate that with the dropped price
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wife and children‚ Goddess Hera made him pay for his deeds. Goddess Hera led Hercules sentence to twelve years of penance – a period of hard labor. Unlike the punishment a criminal would get today of either imprisonment or execution‚ Heracles had to endure the imaginable suffering of the twelve impossible tasks even after regaining his senses. His first labor was to battle a Nemean lion and bring in the skin of the lion. The lion was so huge that his strength and powerful bows were dull compared.
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some through the miserable human conditions associated with it. Irrespective of such differences‚ poverty is widespread and acute by all standards in sub-Saharan Africa‚ where gross domestic product (GDP) is below $1‚500 per capita purchasing power parity‚ where more than 40 per cent of their people live on less than $1 a day‚ and poor health and schooling hold back productivity. According to the 2009 Human Development Report‚ sub-Saharan Africa’s Human Development Index‚ which measures development
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Discuss why commercial labor norms are superior to subsistence labor norms when one needs to create wealth. Creating wealth does not lie in the subsistent labor way of life. Subsistent labor norms encompass the simple fact that minimum expenditure of physical labor is the way to the good life while trying to produce just enough food to last until the next harvest through the control of land. Though‚ not always the smartest way to live life‚ many peasant farmers and villages would endure many years
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the rising cost of housing and the obselete rent system still in place. According to Old Brewery Mission‚ chronic homelessness costs $1.1 billion dollars to Canada every year‚ because inappropriate housing is linked to other problematics such as the rise in crime levels. Thus‚ it affects the carceral system‚ where overcrowding is already an issue. Also‚ the rent system in place is obselete. The government of Quebec should have the power and the resources in place to further lower the cost of cheap
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(LO1 CC3‚ 4) 1. The Afl5.60 per drum general overhead cost is not applicable to the decision‚ since this cost will be the same paying little mind to whether the organization chooses to make or purchase the drums. Likewise‚ the present depreciation figure of Afl3.20 per drum is not an applicable cost‚ since it speaks to a sunk cost notwithstanding the way that the old gear is exhausted and should be supplanted. The cost depreciation of the new gear is an applicable cost‚ since the new hardware won’t
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