Homework Answers
Correct Answer : c) Capacity resources can be adjusted in the long term but not in the short term.
Reason : Long term - the time duration is long ( where all the factors of production and capacity resources can be adjusted i.e , increased or decreased)
Short term - it is the time duration where only a few factors of production (direct labor) can be adjusted all other cannot be adjusted in short term
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Question 15 2.5 pts Which of the following is the...
.. Which of the following is the main difference between the short term and the long...
.. Which of the following is the main difference between the short term and the long term: A. Direct labor can be adjusted in the long term but not in the short term B. Direct labor can be adjusted in the short term but not in the long term C. Capacity resources can be adjusted in the long term but not in the short term D. Capacity resources can be adjusted in the short term but not in the long...
need some help. thank you Question 9 2.5 pts X Company's cost of goods sold (COGS)...
need some help. thank you
Question 9 2.5 pts X Company's cost of goods sold (COGS) includes direct materials, direct labor, depreciation on production equipment, and factory rent. The company's selling, general, and administrative (SG&A) costs include sales office rent, sales staff salaries, and sales commissions. When sales volume increases by 15% in the short term, which of the following is true for the company's total COGS and total SG&A costs: not enough information O COGS = increase by 15%;...
need help solving. thank you Question 5 2.5 pts Current sales revenue in dollars is $6,000....
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Question 5 2.5 pts Current sales revenue in dollars is $6,000. The price is $3 per unit, variable costs are $1 per unit, and total fixed costs are $1,000. Compute the margin of safety: not enough information -- need to know the breakeven point 8.33% O 75% O 25% O 91.67%
need help solving. thank you Question 6 2.5 pts At current sales revenue of $800, total...
need help solving. thank you
Question 6 2.5 pts At current sales revenue of $800, total variable costs are $640 and total fixed costs are $50. Your boss gave you a profit target of $150. How much do you need to sell in dollars to meet this target? O $840 O $1,000 not enough information -- need data on units O $250 O $200
need help Question 3 2.5 pts Manufacturing costs for product X include direct materials $18 per...
need help
Question 3 2.5 pts Manufacturing costs for product X include direct materials $18 per unit, direct labor $1 per unit, variable overhead $2 per unit, and fixed overhead $3 per unit, for a total of $24 per unit. If production volume is increased by 10 units, how much will total manufacturing costs change in the short term? Assume that the new production volume is in the relevant range. increase by $240 O not enough information -- need to...
need help on both of these. thank you for your help Question 4 1 pts A...
need help on both of these. thank you for your
help
Question 4 1 pts A piece of equipment has an installed value of $200,000 with an estimated trade-in value of $50,000 after 15 years. Using DDB book depreciation determine the depreciation charge at year 12. Between $4,000-$6.000 0 Between $2.000-$4.000 Greater than $6,000 O Less than $2.000 D | Question 5 1 pts A company company can depreciate a piece of equipment using MACRS (5-year class) method. The book...
Need some help here figuring out the right answers. Thank you very much in advance Which...
Need some help here figuring out the right answers.
Thank you very much in advance
Which of the following are money market instruments? Check all that apply. Certificates of deposit Commercial paper Treasury bills Long-term bank loans @ Corporate bonds A financial instrument whose value is derived from the value of an underlying asset is called a derivativ
please help. thank you Question 14 2.5 pts When activity volume decreases in the short term,...
please help. thank you
Question 14 2.5 pts When activity volume decreases in the short term, O FC per unit increase and VC per unit decrease OFC per unit decrease and VC per unit remain unchanged O FC per unit remain unchanged and VC per unit decrease FC per unit decrease and VC per unit decrease OFC per unit increase and VC per unit remain unchanged
I need help in solving this question. I just need step by step solutions. Thank you...
I need help in solving this question. I just need step by step solutions. Thank you Fast Machines, Inc., has a project with the following cash flows. The company evaluates all projects by applying the IRR rule. Year Cash Flow 0 –$ 28,700 1 12,700 2 15,700 3 11,700 What is the IRR for this project?
need help thank you. Question 17 2.5 pts Estimate unit variable cost Total costs Activity volume...
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Question 17 2.5 pts Estimate unit variable cost Total costs Activity volume in units month 1 $155 29 month 2 $95 month 3 $125 19 month 4 $185 24 O $4.00 per hour $6.00 per hour O $3.00 per hour not enough information -- need to know the contribution margin statement in the relevant range $4.50 per hour
.. Which of the following is the main difference between the short term and the long term: A. Direct labor can be adjusted in the long term but not in the short term B. Direct labor can be adjusted in the short term but not in the long term C. Capacity resources can be adjusted in the long term but not in the short term D. Capacity resources can be adjusted in the short term but not in the long...
need some help. thank you
Question 9 2.5 pts X Company's cost of goods sold (COGS) includes direct materials, direct labor, depreciation on production equipment, and factory rent. The company's selling, general, and administrative (SG&A) costs include sales office rent, sales staff salaries, and sales commissions. When sales volume increases by 15% in the short term, which of the following is true for the company's total COGS and total SG&A costs: not enough information O COGS = increase by 15%;...
need help solving. thank you
Question 5 2.5 pts Current sales revenue in dollars is $6,000. The price is $3 per unit, variable costs are $1 per unit, and total fixed costs are $1,000. Compute the margin of safety: not enough information -- need to know the breakeven point 8.33% O 75% O 25% O 91.67%
need help solving. thank you
Question 6 2.5 pts At current sales revenue of $800, total variable costs are $640 and total fixed costs are $50. Your boss gave you a profit target of $150. How much do you need to sell in dollars to meet this target? O $840 O $1,000 not enough information -- need data on units O $250 O $200
need help
Question 3 2.5 pts Manufacturing costs for product X include direct materials $18 per unit, direct labor $1 per unit, variable overhead $2 per unit, and fixed overhead $3 per unit, for a total of $24 per unit. If production volume is increased by 10 units, how much will total manufacturing costs change in the short term? Assume that the new production volume is in the relevant range. increase by $240 O not enough information -- need to...
need help on both of these. thank you for your
help
Question 4 1 pts A piece of equipment has an installed value of $200,000 with an estimated trade-in value of $50,000 after 15 years. Using DDB book depreciation determine the depreciation charge at year 12. Between $4,000-$6.000 0 Between $2.000-$4.000 Greater than $6,000 O Less than $2.000 D | Question 5 1 pts A company company can depreciate a piece of equipment using MACRS (5-year class) method. The book...
Need some help here figuring out the right answers.
Thank you very much in advance
Which of the following are money market instruments? Check all that apply. Certificates of deposit Commercial paper Treasury bills Long-term bank loans @ Corporate bonds A financial instrument whose value is derived from the value of an underlying asset is called a derivativ
please help. thank you
Question 14 2.5 pts When activity volume decreases in the short term, O FC per unit increase and VC per unit decrease OFC per unit decrease and VC per unit remain unchanged O FC per unit remain unchanged and VC per unit decrease FC per unit decrease and VC per unit decrease OFC per unit increase and VC per unit remain unchanged
need help thank you.
Question 17 2.5 pts Estimate unit variable cost Total costs Activity volume in units month 1 $155 29 month 2 $95 month 3 $125 19 month 4 $185 24 O $4.00 per hour $6.00 per hour O $3.00 per hour not enough information -- need to know the contribution margin statement in the relevant range $4.50 per hour
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