In the month of July, Adam’s oil performed 4,000 oil changes at a
price of $20. During the month, fixed costs were $18,000 and
variable costs were 40% of sales. Show your math work for all parts
of this problem.
1a. First do a CVP income statement (show the percents, the per unit costs, and the totals):
CM total $______________ CM per unit $__________ CM ratio ___________%
e. How many units do they have to sell to earn a net income of $12,000?
In: Accounting
In: Biology
Estimate the firm's net source and use of cash from the following changes in assets and liabilities:1) Inventories decreases by $55; 2) Accounts Receivable increases by $15; 3)Accounts Payable increases by $30; 4)Short term debt decreases by $8
|
$32 net use of cash |
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|
$52 net use of cash |
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$62 net source of cash |
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$52 net source of cash |
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$32 net source of cash |
In: Finance
1.) Describe the changes in production requirements and the location of production that take place over the three phases of the product cycle.
In: Economics
In: Economics
We’ve discussed several different changes that are happening to the population of the US. Thinking about the niche market segments we’ve also discussed, pick a niche market, define that market, and discuss how agencies in that industry can be successful based on those changes.
Changing Demographics to Discuss
The aging of the largest segment of the population, the Baby Boomers
The change in ethnic demographics and increase in minority participation in leisure/recreation/tourism
The prevalence of dual-earner families/single-parent families
The steady increase of television use
Must cover all 4 changing demographic sections, focusing on 1 niche market (may use up to 2 markets, if linked).
In: Economics
In making a changes to a method in an accounting practice/method, why do you think it would be import to compare the reports(FIFO &LIFO) using both to give the reader the results using both methods. IE in your inventory change, what would be COS using both
In: Accounting
Please calculate the COGS, changes of Inventory, Revenue and all Sales and Inventory was purchased on account. Use the FIFO method.
|
Date |
Transaction |
Units |
Cost |
Total Cost |
Inventory Units Sold |
Price |
Revenue |
Cogs |
|
12/1 |
Beg. Bal |
1950 |
52 |
|||||
|
12/3 |
Purchase |
1000 |
54 |
|||||
|
12/7 |
Sale |
1200 |
105 |
|||||
|
12/9 |
Purchase |
900 |
56 |
|||||
|
12/10 |
Sale |
1300 |
115 |
|||||
|
12/16 |
Purchase |
1750 |
58 |
|||||
|
12/17 |
Purchase |
950 |
58 |
|||||
|
12/20 |
Purchase |
1500 |
60 |
|||||
|
12/22 |
Purchase |
900 |
62 |
|||||
|
12/28 |
Sale |
3200 |
120 |
|||||
|
12/30 |
Sale |
1000 |
130 |
|||||
|
Ending Balances Total Purchases |
In: Accounting
Given the price elasticities and price changes for the following products A–E in the table below, show how much the quantity will change (indicating an increase or decrease) and what effect this will have on total revenue (indicating an increase or decrease). Round your answers to 1 decimal place.
| Product | Price elasticity | % ∆ Price | %∆ Quantity | ∆ Total revenue |
| A | 0.6 | increase by 9% | (Click to select) decrease increase by % | (Click to select) increase decrease constant |
| B | 1.3 | decrease by 6% | (Click to select) increase decrease by % | (Click to select) increase decrease constant |
| C | 0.3 | decrease by 12% | (Click to select) decrease increase by % | (Click to select) increase decrease constant |
| D | 1.0 | increase by 4% | (Click to select) decrease increase by % | (Click to select) increase decrease constant |
| E | 3.3 | increase by 5% | (Click to select) increase decrease by % | (Click to select) increase decrease constant |
In: Economics
Write at least four detailed, quantitative sentences that compare and contrast the changes in these line items over this time period.
|
State of North Dakota |
|||
|
budget line items |
|||
|
Year |
Higher Education (in millions of dollars) |
Transportation (in millions of dollars) |
Total Budget (in millions of dollars) |
|
2003 |
230 |
385 |
2496 |
|
2014 |
567 |
1897 |
7262 |
|
Absolute Change: |
337 |
1512 |
4766 |
|
Relative Change: |
146.5 |
392.7 |
190.9 |
In: Statistics and Probability