A new company manufactures tennis rackets. The fixed expenses are $78,490 and the variable expenses are $14 per racket produced. What is the expense of producing 3,500 rackets?
The solution for the problem follows:
Expense = variable expenses * quantity of produced + fixed expenses
= 14q + 78,490
= 14 (3500) + 78, 490
= 49000 + 78,490
= $127, 490 is the total expense for 3,500 tennis rackets
Get the per piece expense by dividing 127,490 to 3500
Expense per piece = 127,490 / 3500
= $36.43
Final answer:
The expense of producing 3,500 rackets is calculated by adding the fixed cost of $78,490 to the total variable cost (3,500 rackets × $14 per racket), resulting in a total production cost of $127,490.
Explanation:
Calculating Total Production Cost
To find the expense of producing 3,500 rackets, we need to calculate both the fixed and variable expenses. The total fixed cost is given as $78,490, which remains the same regardless of the quantity produced. For variable expenses, it's $14 per racket. So, for 3,500 rackets, the total variable cost would be 3,500 rackets times $14 per racket.
Total Variable Cost: 3,500 rackets × $14/racket = $49,000
Now, we add the total variable cost to the fixed cost to get the total cost of production.
Total cost = Total fixed cost + Total variable cost = $78,490 (fixed) + $49,000 (variable) = $127,490
Therefore, the expense of producing 3,500 rackets is $127,490.
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Maria is a polycentric manager.
A polycentric refers to an approach used by companies to recruit internationally. It is an international recruitment technique in which the Human resource hires personal for international businesses.
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The main reason why most international companies use this method is that they recognized the fact that the nationals of the host company have a clear understanding of the community and its culture and therefore, believed the locals can efficiently carry out the businesses of the subsidiary company.
The advantages of a polycentric approach include
The chances that the company would prosper is very high mainly because it is managed by the national of the host company It boosts the confidence of the local staff The recruiting of local employees is less expensive It promotes productivityThe Disadvantages of a polycentric approach include
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The intent to enter into a contract is judged by the objective signs of agreement as interpreted by a reasonable person, not by a party's internal intention. Factors like offer, acceptance, consideration, capacity, and consent all play roles in forming a contract.
The intent to enter into a contract is determined with reference to the objective theory of contracts, which posits that a party's intention to enter into a binding agreement is judged by outward expressions (words, actions, etc.) rather than their internal, subjective intentions.
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To establish the existence of a contract, there must be an offer, an acceptance of that offer, and consideration (something of value exchanged). Both parties must also have the capacity to contract and give consent freely without duress or undue influence. If Carla did not express her agreement to the tutoring arrangement in a way that a reasonable person would interpret as consent, she may not be legally bound by the contract.
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Answer:
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Answer:
its true!
Explanation:
i took the test:)
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c. increase in the gdp of u.s.
d. increase in the gdp of canada
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a. labor unions
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c. hr specialists
d. supervisors
e. employees?
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The party organization is essential as it offers structure, supports candidates, and maintains the party's brand, while also facilitating lawmaking and voicing diverse opinions in Congress.
The party organization is essential because it provides the fundamental structure of a political party and encompasses its active members who are responsible for coordinating party behavior and supporting candidates. This organization is essential to the political process as it undertakes the crucial responsibilities of building and maintaining the party's brand, as well as playing a pivotal role in the selection and election of public office candidates. Moreover, it adds to the efficiency and discipline of Congress through organizational structure, aiding in lawmaking and representing the majority and minority opinions within the government.
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According to the text book, if hurricane conditions are expected within 24 hours, which type of public advisory is posted?
A hurricane warning is posted when hurricane conditions are expected within 24 hours, signaling that preparations to protect life and property should be completed.
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Final answer:
The main drawback of the Edison talking machine was its poor sound quality and difficulty in duplicating recordings, which limited the ability to share sounds widely.
Explanation:
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Jerry is at the risk of losing $500.
Further Explanation:
Credit card:
A credit card is issued by banks and other financial institutes. It is a plastic card that has the specific details of the individual, lends him some specific money, and allows him to withdraw the funds from the account of the bank. The credit card can be used for the purchase of goods and services. The line of credit is the maximum amount that the credit card holder can withdraw.
Lost credit card:
When the credit card is stolen or lost because of the mistake of the credit card holder, then the holder of the card is liable for any amount withdrawn from the account. The bank has not made any mistake from their side. The bank will not be liable for any fraud amount withdrawal.
When jerry lost his credit card, and someone else withdraws $500 from his account, then the bank is not liable for any refund because the credit card was used in the correct process, and the bank was right at their part. Therefore, the bank will be liable for any withdraw. Jerry is liable for the whole payment because he did not report the lost credit card.
Thus, Jerry is at the risk of losing $500.
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Answer Details:
Grade: Senior School
Chapter: Money & Banking
Subject: Business Studies
Keywords: Jerry, lost, credit card, instead, reporting, right away, decides, continue, looking, believing, could find it, Some, time, passes, after, two weeks, logs, into, the account, activity, page, internet purchase, someone else, report, card is stolen, this, risk.
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Bakeries and coffee bistros use seasonal segmentation to target their consumers with pumpkin-flavored items during the autumn season.
Explanation:In this case, the segmentation strategy being used is seasonal segmentation. Bakeries and coffee bistros target their consumers by offering pumpkin-flavored items only during the autumn season. By doing so, they are catering to the specific preferences and desires of their customers during a particular time of year.
This strategy is effective because it creates a sense of exclusivity and anticipation for the pumpkin-flavored items, as they are only available for a limited time. It also taps into the seasonal cravings and associations that people have with pumpkin during autumn.
To further attract their target consumers, these businesses may use marketing tactics such as limited-time promotions, seasonal branding, and engaging social media campaigns that highlight the availability of their pumpkin-flavored items.
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