Hizan is the owner of a company manufacturing shirts. His company is selling the shirts at a price of ₹200 per unit. The variable costs is ₹150 per unit. The fixed costs for the period is ₹5,00,000/-. Calculate the minimum number of units that must be sold for the company to attain break even. Show break even in terms of rupees.
Given:
Selling price = ₹200 per unit
Variable costs = ₹150 per unit.
Fixed costs for the period = ₹5,00,000
To find:
The minimum number of units that must be sold for the company to attain break even and break even in terms of rupees.
Solution:
We know that,
Total cost = Fixed cost + Variable cost
Let the number of manufacturing shirts be x, so the cost function for the shirts is
[tex]C(x)=500000+150x[/tex]
Selling price is ₹200 per unit. So, revenue function is
[tex]R(x)=200x[/tex]
At break even point the company has no profit no loss. It means, revenue is equal to cost.
[tex]R(x)=C(x)[/tex]
[tex]200x=5,00,000+150x[/tex]
[tex]200x-150x=5,00,000[/tex]
[tex]50x=5,00,000[/tex]
Divide both sides by 50.
[tex]x=10000[/tex]
Therefore, minimum number of units that must be sold for the company to attain break even is 10,000.
To find the break even price, substitute x=10000 in either cost function or revenue function.
[tex]R(10000)=200(10,000)[/tex]
[tex]R(10000)=20,00,000[/tex]
Therefore, the break even in terms of rupees is ₹20,00,000.
There are at least three ways to submit a cover letter to an employer. Which methods are
most effective in your industry? Why do you think this?
Answer:
Introduction, Sales Pitch and Conclusion.
Explanation:
REALLY EASY QUESTION!!
which of these would be considered an issue of law?
a. being excessively tardy
b. helping a child cross the street
c. lying to a friend
d. stealing from a store
Answer:
Stealing from a store
Lynwood Bauer was paid $7.25 an hour for his first 2 months of work at his after-school job. He earned $7.45 an hour in the next month and $7.25 in the next four months. What is his average hourly pay rate for the months he worked at his part time job, to the nearest cent /
Answer:
$7.56
Explanation:
The computation of the average hourly pay rate is shown below:
= (Total wages for all seventh month) ÷ (number of months)
= ($7.25 × 2 + $7.45 + $7.25 × 4) ÷ (7 months)
= $7.56
Hence, the average hourly pay rate for the month is $7.56 and the same is to be considered
We simply applied the above formula
After settling a legal dispute, Frank must chose one of two settlement
payment options. He can either receive an immediate lump sum payment of
$250,000, or he can receive an installment payment package with annual
payments of $25,500 spread out over a span of 10 years. Which would likely
be more beneficial to him, and why?
A. The installment package would be better because it would prevent
him from spending all of his money immediately.
B. The immediate payment would be better because it is more
money overall.
C. The immediate payment would be better because he could use the
money immediately to invest it in a safe, low return account.
D. The installment package would be better because he'll have more
money in 10 years than with the lump sum.
After settling a legal dispute, Frank must choose The immediate payment of $250,000, because it would be better as he could use the money immediately to invest it in a safe, low-return account. Therefore, option C is the correct option.
What is investing?
Investing or investment is a financial term. It is both a tool and a source to generate wealth and income. Investment means putting the money in respect of an object, as the value of the objects differs with time so the value of the money will also differ accordingly. This fact about investment makes it both, risky and profit-making at the same time.
Thus, after a legal dispute is resolved, Frank must select the $250,000 immediate payment because it would be preferable because he could use the money right away to invest it in a secure, low-return account. As a result, choice C is the best one.
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Preparing as much as possible for your first day of work can help workers to ________. a. remember important tasks they have forgotten b. let employers see how hard working they are c. use up stores of nervous energy they have d. feel unprepared for their new challenges Please select the best answer from the choices provided A B C D
Answer:
Use up stores of nervous energy they have.Explanation:
hopes this helps:)
Answer:
C
Explanation:
Use up stores of nervous energy they have. hope its right got you guys
Mr. Alex is the marketing manager of the company and he wants to implement a new way to promote the products in the market but his senior manager did not permit him and forced him to work strictly in accordance with the plan. Which limitation of planning is highlighted in this case
Answer: Planning reduces creativity
Explanation:
Under Planning reduces creativity, all team menbers are instructed or directed to work within the frame given by the management to them, working outside the frame of what was issued would go against the directives of the organization. This type of limitation of planning limits creativity, because members won't be able to introduce ideas to advance the growth of the team.
what would happen if the Federal Reserve chairman says that the central bank will raise interest rates. which and how would it affect food prices, housing or oil?
Explanation:
What are the answered choices
As would-be Entrepreneur, you are tasked to identify your dreamed business,
one that involves your interests. Indicate who are your potential market, target
market, available market and/or penetrated market. Write your answer in the space
provided.
Answer:
My dream business is organic poultry farming.
Explanation:
It is my hobby to have different types of hen breeds. So I would like to invest in my hobby. I would like to have breeds of organic hens that will lay more eggs. I will also invest in fancy chickens which are widely used as pet in backyards.
It has great potential for growth, as people are nowadays moving towards organic foods. The organic poultry market has grown from $7.5 billions to $7.7 billions from 2019 to 2020. The growth recorded is almost 2% despite the breakout of virus. People would like to buy fancy chickens as pets because they lay eggs and look cute in the backyards.
The return on fancy chicken breed is much higher than an ordinary chicken breed that only lays egg. I will start from 1500 baby chickens and will around 50 chicken tractors in a large 8 kanal area. This chicken tractors will help me to keep the death rate of the chickens low and are helpful in lowering the spread of diseases. Furthermore, it is moveable which means my chickens will have fresh grass to eat.
I will buy a small van that will be helpful in managing the delivery of food requirement and egg supply to my customers. To lower the cost of organic feed I will grow many types of plants, herbs, grass, etc in the 8 kanal area that will meet the protien requirements of the chickens. I will also water the land daily so that the waste of the chickens are accessed very quickly to plants.
Their many other tactics that could be used like leasing the land for 2 years because it will lower the investment required, plantation of plants that will grow its value over time, use of thick sheets that will protect chickens from and use of thin sheet that will protect them from mosquitos, etc.
Note: I wasn't able to access complete questions so I think the above explanation of business idea will be very helpful for you to construct a business plan.
If you find the answer very helpful then don't forget to rate it. Thanks
A business model is a document that describes all the phases necessary for the effective operation of a business and the achievement of objectives, such as the business line, value proposition, potential market, etc.
Assuming that your dream business is creating a cafeteria near a college, we can identify the components of the venture:
Potential market:
Part of the market you hope to attract in the future.
Young people and adults aged 15 to 35 years old from neighboring cities.Target market:
The segment of individuals most likely to become your consumer.
Young students at XX College, aged between 17 and 27 years old.Available market:
It is the metric used to define the number of people able to buy your products.
Penetration market:
Evaluates the use of its products and services by its customers in relation to the products and services of its competitor
Therefore, when starting a business, you must analyze the viability of the business through a business model and plan that seeks to offer value to your potential market.
It is necessary to segment your market according to the consumer profile to develop a marketing plan that attracts, retains and delivers value to the consumer, in order to become well positioned and competitive in the market.
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Which tool of monetary policy allows the Federal Reserve to increase the
money supply?
A. Increasing the discount rate on short-term loans
B. Selling treasury securities on the open market
C. Reducing the reserve requirement on banks
D. Raising interest on reserves paid to banks
Answer:
C. Reducing the reserve requirement on banks
Explanation:
The Federal Reserve( Fed) expects commercial banks to maintain a percentage of customer deposits in their custody. The amount that the banks keep is known as reserves. The Fed sets the percentage of deposits to be held as reserves. The Fed may adjust this percentage in line with its monetary objectives.
By reducing the reserve requirements percentage, commercial banks remain with a bigger portion of deposits that they lend out. It means banks will issues out more loans to customers. An increase in lending adds more money to the economy. Reducing the reserve requirement increases the money supply in the country.
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST PERSONAL & FAMILY FINANCE)
How is international trade MOST likely to impact companies and individuals?
Companies may choose to move their business to a different country.
Consumers have to learn a new language to be able to purchase goods from other countries.
Goods are no longer allowed to be traded from one country to another.
Answer: first one I think
Explanation:
Answer:
Goods are no longer allowed to be traded from one country to another (The last one)
Explanation:
If goods were no longer allowed to be traded, those who need the goods wouldn't have any and the business could ultimately clash.
To bring _____ to life, experts advocate a forceful, integrated approach to ethics that includes establishing expectations for ethical behavior at all levels of the organization, from the CEO to the night-time cleaning crew. Group of answer choices social responsibility a code of conduct business ethics a code of ethics
Answer:
a code of ethics
Explanation:
What is the difference between irregulars and seconds?
Answer: Have minor flaws that are not noticeable. Seconds: Have noticeable flaws, such as holes
Explanation:
If you saw a coworker take something from the clinic what would you do?
Answer:
Um I would either tell them that he took it or i would just not worry about
Answer:
Join him.......
What is true about expense ratios for fees charged to manage mutual fund accounts?
Answer:
A lower percentage ratio indicates more money has been invested to make money for the customer
Explanation:
Suppose the government wants to reduce the total pollution emitted by three local firms. Currently, each firm is creating 4 units of pollution in the area, for a total of 12 pollution units. If the government wants to reduce total pollution in the area to 6 units, it can choose between the following two methods:
Answer:
178 and 186
Regulation= 1,645
Tradable permits= 745
Elimination of pollution will be LESS costly
Explanation:
Calculation to Determine the total cost of eliminating six units of pollution using both methods
Computation for Method 1
REGULATION
Firm X = 95+120 = 215
Firm Y= 450+800 = 1,250
Firm Z= 80+100 = 180
Computation for Method 2
TRADABLE PERMITS
The prices at which firm Z willing to sell one of its permits to firm Y, but firm X is not will be :
178 and 186
Firm Initial permit Action Final Amount Cost of reduction
X 2 Sell 1 permit 3 95+120+200 = 415
Y 2 Buy 2 permit 0 0
Z 2 Sell 1 permit 3 80+100+150 = 330
REGULATION vs TRADABLE PERMITS
Regulation= 215+1250+180
Regulation= 1,645
Tradable permits = 415+330
Tradable permits= 745
Based on the above calculation for both regulation and tradable permits we can come to conclusion that elimination of pollution will be LESS costly to the society in a situation where the government distributes tradable permits because tradable permits is cheaper than regulation.
Emissions trading is a market-based strategy to pollution control that creates financial incentives for polluters to reduce their emissions.
178 and 186
Regulation= 1,645
Tradable permits= 745
Elimination of pollution will be LESS costly
Calculation to Determine the total cost of eliminating six units of pollution using both methods:-
Computation for Method 1REGULATION:-
Firm X = 95+120 = 215
Firm Y= 450+800 = 1,250
Firm Z= 80+100 = 180
Computation for Method 2TRADABLE PERMITS:-
The prices at which firm Z willing to sell one of its permits to firm Y, but firm X is not will be :
178 and 186
Firm Initial permit Action Final Amount Cost of reduction
X 2 Sell 1 permit 3 95+120+200 = 415
Y 2 Buy 2 permit 0 0
Z 2 Sell 1 permit 3 80+100+150 = 330
REGULATION vs TRADABLE PERMITS
Regulation= 215+1250+180
Regulation= 1,645
Tradable permits = 415+330
Tradable permits= 745
Based on the above calculation for both regulation and tradable permits we can come to conclusion that elimination of pollution will be LESS costly to the society in a situation where the government distributes tradable permits because tradable permits is cheaper than regulation.
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what are you all doing for hoolween this year?
Answer: I’m having a Halloween party with my parents and family because you know ya girl ain’t trying to get sick
Explanation:
What is the most difficult part of being a leader?
Answer:
Guiding everyone else to success
Explanation:
The hardest part about being leader is to lead people with different personalities to work together for the achievement of the objective.
What are the difficulties of being a leader?A good leader is only good as long as he can unite people and motivate them to work together for one purpose.
The hardest things to manage as a leader is to handle the conflict among the employees by avoiding biasness or favoritism.
One of the toughest aspects of leadership is delegating authority as people are very complicated.
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How do management accountants help managers make business decisions?
A. Management accountants prepare local, state, and federal income
tax returns.
B. Management accountants make sure accounts are paid on time.
C. Management accountants provide accurate financial data and
analyze the data to make predictions.
D. Management accountants ensure that everyone pays their taxes.
Answer:
C. Management accountants provide accurate financial data and
analyze the data to make predictions.
Explanation:
Management accounting is an accounting arm that focuses on the accurate organization, analysis, presentation, and interpretation of a company's financial data for use by the management. The information generated by management accounting is for internal use. It aids the top management team in its decision-making process.
Management accountants analyze and make recommendations on the business's operational aspects, such as costs of products and services purchased, product pricing, budget variances, margin analysis, market trends, and forecast.
HELP PLEASEEEE!!
Which of the following is unsecured short-term debit that a financial manager looks for as a low risk investment with a high return?
A. Commercial paper
B. Certificates of deposits
C. Equity Fiancing
D. short term loans
Answer:
hello dude b is the correct answer
please make me brainiest
Explanation:
hope it's helpful in future
Taking money to allow someone to get what they want is a(n) ___ choice
ethical
unethical
neither
Answer:
its b, unethical
Explanation:
fix your grammer
Answer:
Unethical
Explanation:
Imagine yourself later on down the line knowing that you did something that you can't undo. Think before you react!!! People are challenged every day, but it's up to you to make that right decision.
Fees
Annual Fee $30
Transaction Fees Balance tranfers—$10 or 3% of the transaction (whichever is greater)
Cash advance—$10 or 3% of the transaction (whichever is greater)
Penalty Fees Late fee: $35
Over-the-credit-limit: $35
Returned payment: $25
Based on the Schumer Box, what is the transaction fee on a cash advance of $300?
$35
$30
$25
$10
Answer:
$10
Explanation:
The cash advance fee is quoted as $10 or 3% of the transaction fee, whichever is greater.
The cash advance, in this case, is $300.
the transaction fee will be 3% of 300
= 3/100 x $300
=0.03 x $300
=$9
$10 is greater than $9; therefore, the transaction fee will be $10
Answer:
D
Explanation:
took the test
What is quality management.
Answer:
Quality management ensures that an organization, product or service is consistent. It has four main components: quality planning, quality assurance, quality control and quality improvement. Quality management is focused not only on product and service quality, but also on the means to achieve it.
How do any of these life decision problems
Answer:
baseially you are putting in a person is affecting your life. you come up with a solution. write a postive way to solve it then right a negavitve way to solve it. then write when you are going to solve your problem. then the steps that are needed.
What are the remedial measures of unemployment in nepal?explain
Dana spends several hours researching prices and online reviews of t-shirts for a school
club. Which of the following is a cost of her research?
A. A popular t-shirt option
B. The time spent on the task
C. The best option at the lowest price
D. Appreciation from the club members
Answer:
B. The time spent on the task
Explanation:
The time that Dana spends carrying out her task is a cost to her. That cost can be calculated by ascertaining the gains or benefits she has missed due to the research.
If Dana were not doing the research, she would be engaged in other activities. Those activities could have been of benefit to her, be it financially or otherwise. The benefits foregone are the cost of Dana doing the research.
Answer:
Hi, the answer is most likely
The time spent on the task
What degree is needed to be an accountant?
I really, really, really need the answer
Answer:
bachelor's degree
Explanation:
Although not required, most accountants attend college and earn a bachelor's degree. However, a bachelor's degree in accounting or a related field is considered the minimum education requirement for those who plan to become a CPA.
Your plan projects revenue of $5,000, $8,000, and $10,000 in years 1 through 3. Expenses are projected to be $9,000 for each of years 1 through 3. If your only funding need is the gap between revenue and expenses, which is the best estimate of your maximum cumulative funding need?
a) $0
b) $1,000
c) $4,000
d) $50,000
Answer:
c) $4,000
Explanation:
The only funding needed is the difference between revenue and expense.
For year 1: funding required is $9,000 -$5000 = $4000
For year 2: funding required is$ 9,000 - $8000 = $1000
For year 3: funding required is $9000 -$10,000 = -$1000
cumulative funding = $4000, + $1000 + (-$1000)
=$5000 - $1000
=$4000
Which are types of mergers that involve corporations that have created subsidiaries? Check all that apply.
defacto
short-form
statuatory
hostile takeovers
triangular
Answer:
its shortform and triangular.
Explanation:
edge 2020
Thanks other dude who commented on the wrong answer!
BRUH THIS THING LOGGED ME OUT WHAT IS GOING ON
Answer:
?????????????
Explanation:
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