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- Suppose Sarah owns a small company that makes wedding cakes. The accompanying table shows how Sarah's total cost varies depending on the number of wedding cakes she makes each day. Number of Cakes Per Day 0 1 2 3 4 5 6 Total Cost Per Day $100 $180 $220 $300 $400 $520 $660 If the market for wedding cakes is perfectly competitive, and wedding cakes sell for $95 each, then at her profit-maximizing level of output, Sarah will earn a of per day.The following figures have been planned for a department. Shortages Employee discounts 2.5% Markdowns Expenses Profit 0.8% 4.2% 36.1% 4.8% Alteration Costs 2.3% Calculate the initial markup% that should be used in order to arrive at the planned figuresThe technique used in management accounting to determine the change in profit associated with the cost or benefit of the next (or the marginal) unit is called
- Categorize each cash flow. Purchase of a new control system. V [ Choose ] Disposal cost Operation and maintenance cost Site cleanup after closing a chemical processing plant. Investment cost Revenue Electricity needed to operate machines. [ Choose ] Product sales [ Choose ]A firm's inventory is the orders for goods that have yet to be produced. True Or FalseA company produces and sells a consumer product and is able to control the demand for the product by varying the selling price. The approximate relationship between price and demand is p= 200-0.05D where p is the price per unit in dollars and D is the demand per month. The company is seeking to maximize its profit. The fixed cost is $15000 per month and the variable cost is $50 per unit. a. What is the number of units that should be produced and sold each month to maximize profit? b. What is the domain of profitable demand during a month? Show your spreadsheet.
- please help me solve this question(hand written) will upvoteeconomics Assigned company Name: BAXTER INTERNATIONAL analyze strategy threats using Michael Porter’s Five Forces analysis. Provide a brief introduction to your assigned company (e.g. what is its business, in what market is it, how long has it been in business, etc.) Apply each of Porter’s five forces to your assigned company, indicating the threat level (e.g., high, moderate or low), why you have made this assessment. Do NOT make recommendations for addressing these threats; only provide your assessment of the threats. Include a graphic of the Five Forces model that provides a bulleted synopsis of your assessment for each of the five forces. PLEASE HELP WITH ALL THE BULLET POINTS PLEASEA company has established that the relationship between the sales price for one of its products and the quantity sold per month is approximately p=70 -0.2D (D is the demand or quantity sold per month and p is the price in dollars). The fixed cost is $700 per month and the variable cost is $40 per unit produced. a. What is the maximum profit per month for this product? b. What is the range of profitable demand during a month? a. The maximum profit per month for this product is $ (Round to the nearest dollar.)
- Which is not a fixed cost? Group of answer choices an insurance premium of $50 per year, paid last month. monthly rent of $1,000 contractually specified in a one-year lease. a worker's wage of $15 per hour. an attorney's retainer of $50,000 per year.A business incurs the following costs: • Labor: $125/unit • Materials: $95/unit • Rent: $450,000/month Assume the firm produces 1 million units per month. The total variable cost, per month, is $ million. The total fixed cost, per month, is $ million. The total cost is $ million. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Process Analysis: In process analysis, the term "bottleneck" refers to: A) The stage with the lowest utilization rate B) The stage with the highest utilization rate C) The stage with the shortest processing time D) The stage with the longest processing time