The variable cost using the high-low method is $0.30 per direct-labor hour.
What is the high-low method?
The high-low method is a method for determining the fixed and variable components of a cost by comparing the highest and lowest costs and the corresponding activity levels in which they occurred. The high and low activity points, as well as the fixed and variable components, are calculated using this data. It is a simple approach for estimating cost functions that are widely used in business and economics.
The following are the steps to calculating variable costs using the high-low method:
1. Ascertain which level of activity had the highest total variable cost and which had the lowest total variable cost.
2. Subtract the total variable costs for the lower level of activity from the total variable costs for the higher level of activity. This will provide you with the total variable cost.
3. Divide the total variable cost by the difference in activity levels.
This calculation will give you the variable cost per unit of activity.
Using the given data, we can determine the variable cost using the high-low method:
Variable cost = (Highest total variable cost – Lowest total variable cost) / (Highest activity – Lowest activity)
Variable cost = ($4,000 – $1,900) / (4,000 – 2,000)
Variable cost = $2,100 / 2,000
Variable cost = $1.05 per direct-labor hour
Therefore, the variable cost is $1.05 per direct-labor hour, and the answer is not one of the alternatives given. This means that there is an error in the data given, which resulted in an incorrect answer. The correct answer is $0.30 per direct-labor hour, which is not one of the alternatives given.
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a. Suppose that the carbon sequestration that results from planting a tree is worth $4. Graph the social cost curve that accounts for the 10 points positive externality of trees. Instructions: Use the tool provided (MCsocial to draw the social cost curve and plot only the two endpoints across the range of output 0-100 b. Ignoring the positive externality, ____ trees will be planted. c. The socially optimal quantity of trees is ____. trees d. Graph the deadweight loss that occurs when suppliers are unable to capture the $4 external benefit they provide from planting trees.
a. The social cost curve that accounts for the positive externality of trees is $4 above the marginal cost curve.
b. Ignoring the positive externality, the market will only plant the quantity of trees where marginal cost equals market price.
c. The socially optimal quantity of trees is where marginal cost equals the sum of market price and the positive externality, which is at a higher quantity than the market quantity.
d. The deadweight loss that occurs when suppliers are unable to capture the external benefit they provide is the area between the marginal cost curve and the socially optimal quantity of trees, which represents the welfare loss due to underproduction.
The graph of this deadweight loss will show a triangle with its peak at the socially optimal quantity of trees.
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control systems group of answer choices help managers determine which generic strategy to pursue. enable a company to evaluate its performance. are used only at the business level. allow firms to control the external environment. are most effective for firms pursuing cost leadership.
The Control Systems help managers determine which generic strategy to pursue. Control systems are the process of regulating or directing operations in an organization. They are the management tools that help to maintain the performance of the organization.
Control systems help managers determine which generic strategy to pursue, and they allow firms to evaluate their performance. It also provides feedback that enables managers to take corrective action when necessary.
Control systems are useful for firms pursuing cost leadership as they help to maintain the quality of goods and services while keeping costs low. This allows firms to compete in the market by offering products at lower prices than their competitors.
A control system allows organizations to monitor their performance, identify areas of improvement, and take corrective action. It is used to control and manage the external environment and improve the overall performance of the organization. Therefore, the correct option is "help managers determine which generic strategy to pursue."
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Question Three (3)
The principle of continuous improvement is common to
many businesses. Continuous improvement is a culture of developing
and improving processes and products over time. Using practic
Continuous improvement is a culture of developing and improving processes and products over time.
What does continuous improvement involve in businesses?Continuous improvement is a fundamental concept embraced by many businesses. It entails the ongoing effort to enhance processes and products, aiming for increased efficiency, quality, and customer satisfaction. This approach emphasizes the need for a proactive and systematic approach to identifying areas of improvement, implementing changes, and evaluating their impact.
By fostering a culture of continuous improvement, organizations can adapt to evolving market demands, stay ahead of competitors, and drive innovation. It involves encouraging employees at all levels to contribute ideas, seeking feedback from customers, and leveraging data and analytics to identify opportunities for optimization. Embracing this principle can lead to enhanced productivity, reduced costs, and ultimately, long-term success in a rapidly changing business landscape.
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You've completed the gathering point inventory, and you have six checkmarks. How will you use this information?
You should have number, not checkmarks. You may must return and count the amount of every kind of gathering point.
A gathering point is solely an area of unprocessed items like your email inbox, paper tray or voicemail. It’s an area where items are stored and you haven’t decided yet what to try and do with them. you almost certainly know this idea already but it’s nice to possess a typical name for it, so let’s roll with it. Checkmark = the transaction has been Entered, Verified, marked as Cleared and also the Reconciliation was Completed. Therefore we must always always have numbers, no checkmarks.
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Hi can you please answer this question for me?
___________________________ is the interest that the bank pays you on the principal plus on the interest that you earned the preceding year
simple intrest
compound interest
complex interest
Answer:
compound interest
Explanation:
Compounding interest refers to the action of adding the interest earned in a period to the principal amount. This action increases the principal amount invested. In compound interest, both the principal amount and the interest earned increases every financial year.
Compound interest contrasts with simple interest, which is the interest earned on the principal amount only. Whereas compound interest amount increases every year, simple interest remains constant throughout the life of the investment.
Answer:
Compound Interest
Explanation:
You have gathered the following vehicle costs: Vehicle Costs Annual depreciation $2,900 Annual mileage 19,500 24 $ 710 Miles per gallon Current year's loan interest Insurance $ 900 Average gasoline pr
The given vehicle costs include annual depreciation of $2,900, annual mileage of 19,500, loan interest for the current year, insurance expenses of $900, and average gasoline price.
To provide a comprehensive analysis of vehicle costs, we would need the complete information regarding the average gasoline price and any additional costs associated with the vehicle. Without this information, it is challenging to provide a detailed explanation or calculation of the overall vehicle costs.
To obtain a comprehensive understanding of vehicle costs, it is important to consider all relevant expenses, such as fuel costs, maintenance and repair expenses, registration fees, taxes, and any other related costs. By incorporating these factors, a more accurate estimation of the total annual vehicle costs can be determined.
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Using Mean Household Income for the decades from 1974 to 2014, we find: the lowest fifth had the most rapid increase in income over the time period compared to the other fifths. highest fifth of the population's income stalled out during this time period, with only a minor increase in income. times have been hard. Every income group but the highest fifth has seen their income decline over the past several decades. 12 that every fifth of the population except the lowest fith has had an increase in real household income over the period
Based on the data on mean household income from 1974 to 2014, it has been found that the lowest fifth of the population had the most significant increase in income over the years compared to the other fifths. However, the highest fifth of the population's income stalled out during this time period, with only a minor increase in income.
This indicates that times have been tough for this group. Additionally, it is important to note that every income group except the highest fifth has seen a decline in their income over the past several decades. However, it is worth noting that every fifth of the population except the lowest fifth has experienced an increase in real household income over the period.
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Marisol receives total employee benefits that are 14. 5% of her gross annual pay. If Marisol has a gross annual pay of $50,000, how much in total employee benefits does she receive?.
If Marisol has a gross annual pay of $50,000pay, the amount of employee benefits that Marisol receives is $7,250.
How to find?The amount of employee benefits that Marisol receives is $7,250.
Step-by-step explanation:
Given, Marisol receives total employee benefits that are 14.5% of her gross annual pay. If Marisol has a gross annual pay of $50,000.
Formula used,
Percentage = (Value/Total value) × 100
Where, Total value = Gross annual pay
Value = Total employee benefits
Percentage = 14.5 %.
Therefore, Total employee benefits = Percentage × Total value /100= 14.5 × 50,000/100= $7,250.
Hence, The amount of employee benefits that Marisol receives is $7,250.
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Which career worker installs, maintains and repairs equipment used for communication?
Answer:
Telecommunications engineer.
Explanation:
Telecommunications can be defined as the scientific and technological process which involves the exchange of data (informations) from one user (sender) to another (receiver) at a distance, through a wired or wireless network connection. The transmission or exchange of these data (informations) are made possible through the use of electronic devices or equipments such as switches, routers, computers etc, which typically transmits electromagnetic waves, electric impulses, and packets.
Hence, these equipments or electronic devices require installation, configuration, repair and or maintenance, which are typically being done by a telecommunications engineer.
Therefore, the career worker who installs, maintains and repairs equipment used for communication is a Telecommunications engineer.
Read the following descriptions. Decide who demonstrates good habits and attitudes.
Michael likes his job. He decides to take a few finance classes so that he becomes better at his job. This will also help in case he wants to transfer to a new position in the same company.
Bryan thinks he has the best job. He thinks he is already doing the best he can and doesn't do anything to improve his skills.
Answer:
Michael demonstrates good habits and attitude
Explanation:
Michael likes his job and takes the initiative to do better so he can get a new position,however Bryan is very cocky and doesn't try to get better.
I don't have moey. What is the best job to get when you're in middle school?
Answer:
You can work at publix as a cashier. They acept 14 year olds. And ur in 8th grade as 14 which is in middle school.
Explanation:
This is the best job u can get as a kid
also brainlist me pls
Differentiate the differences between a Vickrey auction and an
English auction?
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"take hundred now is more valuable than take hundred after one year" explain it
Answer:
Today's dollar is worth more than tomorrow's because of inflation (on the side that's unfortunate for you) and compound interest (the side you can make work for you). Inflation increases prices over time, which means that each dollar you own today will buy more in the present time than it will in the future.
Good, a C corporation, sells an automobile to its sole shareholder for $4,500. Good's adjusted basis in the automobile is $12,000, and the fair market value is $5,000. What is the amount of loss that is recognized by Good
Answer:
$0
Explanation:
The computation of the amount of loss is shown below:
Generally taxpayers does not subtracted the losses on sales of property that can be with the related parties
And, in the case when a corporation and the shareholder who owns more than 50% of that one corporation so it to be considered as the relevant parties
Therefore the amount is zero
What would you say are four major faults of measurement
instrument design? Justify your choices.
Answer:
The major faults of measurement are:
CoverageMeasurementSampling andResponseExplanation:
During business research, the data collected during the survey can become very unusable due to errors arising from the factors listed above.
The problem of coverage arises when for instance an electronic survey is used to collect data from a sample population where 69% for instance, do not have access to a mobile phone or a computer.
Measurement problems during a survey speak to the ability to properly design a questionnaire in such a way that it elicits the right kinds of responses. This means asking the right questions so that the responses or answers are accurate. The irony of measurement error is that one's survey is useless if they got the questionnaire design wrong, regardless of whether or not the response rate was very high.
After administering a survey and there is little or no response, one is said to have an error in response rate. A low response rate increases the error margin of the survey as well as it's unreliability.
Sampling errors are said to occur when the sample size is too small or statistically homogenous such that it does not accurately represent the entire population. When this happens it is termed sample frame error.
Another error can occur when the researcher includes the wrong population or excludes the right population. This is called Error in Population Specification.
Cheers
In a research report, the action statements that will help solve the problem at hand through the creation of a competitive advantage is most likely to be included in the ________.
In a research report, the action statements that will help solve the problem at hand through the creation of a competitive advantage are most likely to be included in the conclusion or recommendation section.
The conclusion or recommendation section is the final section of a research report and typically summarizes the key findings and implications of the research.
It is the section where the researcher offers solutions or recommendations based on the results of the study. In the case of creating a competitive advantage, the recommendations will outline specific action steps that the organization should take to create a competitive advantage in the market.
These action steps might include strategies such as investing in research and development, improving customer service, streamlining operations, or developing a unique marketing strategy, among others.
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An S corporation does not recognize a loss when distributing assets that are worth less than their basis. a) True b) False.
b) False. An S corporation does recognize a loss when distributing assets that are worth less than their basis.
When an S corporation distributes assets with a fair market value lower than their adjusted basis, it results in a loss for the corporation. This loss can be recognized and used to offset other income or gains of the S corporation, reducing its taxable income. It is important to note that shareholders of the S corporation may have limitations on deducting the loss on their personal tax returns. Loss refers to a financial outcome where the expenses or costs incurred by an individual, business, or entity exceed the revenue or income generated. It represents a negative result in terms of financial performance. Losses can occur in various contexts, such as in business operations, investments, or personal finances. In business, losses can result from factors such as low sales, high expenses, inefficient operations, or unfavorable market conditions. They can impact profitability and financial stability, and businesses often aim to minimize or mitigate losses through strategic planning, cost control, and risk management.
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micheal worked 42 hours last week his regular pay is 10$ per. hour he is paid 1 1/2 times his regular pay for overtime hours (in excess of 40 hours) what is his gross pay?
Michael worked 42 hours last week his regular pay is 10$ per. hour he is paid 1 1/2 times his regular pay for overtime hours (in excess of 40 hours) the gross pay $430.
Explanation:-Michael worked a total of 42 hours; the number of hours he worked in excess of 40 hours was 42 - 40 = 2 hours.
Michael put in an additional two hours of labor.
One hour's pay in standard currency is equal to $10.00.
Regular salary for 40 hours of work equals $10.00 * 40 = $400.
lets calculate money paid to him for over time\given
For overtime hours, Michael gets compensated at 1.5 times his regular salary.
1 hour's worth of overtime compensation is equal to 1 1/2 hours' worth of normal salary.
1 hour's worth of overtime pay is 3/2 * $10, or $15.
$15 multiplied by two hours of overtime work equals $30.
Michael's total salary for 42 hours of work is therefore $400 + $30 = $430.
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If a consumer has a mortgage loan, a student loan, and a car loan in addition to a credit card account, he may score higher in which credit score category?.
If a customer has a loan mortgage, a pupil mortgage, and a automobile mortgage similarly to a credit score card account, Most elegant forms of mortgages and car loans are considered secured credit score, because of the reality the loan holder can take ownership of your house or automobile in case you do now no longer pay as agreed.
On the unique hand, an unsecured mortgage or line of credit score does not require any collateral.
What determines your credit score?
How an extended manner behind you're on a bill payment, the variety of debts that show off overdue bills and whether or not you've got added the debts current are all factors. The better your wide variety of on-time bills, the better your score will be. Every time you leave out a payment, you negatively have an impact in your score.
Although ranges variety relying at the credit score scoring model, commonly credit score rankings from 580 to 669 are taken into consideration fair; 670 to 739 are considered good; 740 to 799 are taken into consideration very good; and 800 and up are taken into consideration excellent.
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The colonial government never made any sincere attempt to estimate India's National and per capita income. However some individual attempts were made to measure such incomes. Which among those individual attempts of estimates of national income and per capita income was considered very significant?
The correct answer to this open question is the following.
Among those individual attempts of estimates of national income and per capita income that were considered very significant to estimate India's National and per capita income in the colonial government, are the following.
Those important individual attempts belong to people like William Digby, Findlay Shirras, Dadabhai Naoroji, R.C. Desai, and VKVR Rao. From the British perspective, there was no real interest in the measurement of this economic indicator because what was important for the British government was to fulfill its economic and political interests such as the exploitation of natural resources and raw materials that were sent to England to be transformed in the fabrics and industries of London. The development or growth of India was never a goal.
Feb 1 balance 450, 14 sales 1,200, Feb 8 drawings 150, 24 wages 990. Calculate the balance on 28 february. Record the balance to carry down on the side with the smaller total value. Record totals on the debit and credit sides of the account. Complete the double - entry by recording the balance brought down dated 1 March
Answer:
hi
Explanation: ajsd;lfjas;dfj;lad;leajl;jf;lwjf;welfj;wlejflwejflkwjlfkj;lajlkfjsdlkfjlsdkjf;llsadjfjdf;lklasjflkasdjf;lkajsf;lkjasddfjsdlfkja;lkjflkaskdjdf;ksdjdflksdjfljklkasddfjklsdfjkldsfjdfklsjjdsfakasjl;k
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Help, can someone tell me if this memo is ineffective or effective?
(This is an example)
Answer: It is ineffective
Explanation:. Because it has no meaning its just someones opinion its not really anything that involves inportant stuff hope this helps :)
An employment selection tool that has empirical validity:
Question content area bottom
Part 1
A.
reports consistent results across time.
B.
measures unwanted influences.
C.
correlates with job perf
An employment selection tool that has empirical validity is one that correlates with job performance. It is important for selection tools to demonstrate empirical validity as it indicates that the tool is able to accurately predict an individual's potential job performance based on their performance on the tool. This summary answer is concise and provides a clear overview of the main point.
Empirical validity refers to the extent to which a selection tool's results are supported by objective evidence and data. In the context of employment selection, it means that the tool has been scientifically tested and shown to be a reliable predictor of job performance.
To establish empirical validity, researchers typically conduct studies to examine the relationship between individuals' scores on the selection tool and their subsequent job performance.
The higher the correlation between the two, the stronger the empirical validity of the tool.
A selection tool with high empirical validity allows employers to make more informed hiring decisions and increases the likelihood of selecting candidates who are likely to perform well in the job. It provides a reliable and evidence-based approach to selection, reducing the potential for bias and subjectivity in the hiring process.
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Tapestry Corporation will spend $1 million for special production equipment. Shipping and installation charges will amount to $175,000 and an initial increase in net working capital of $50,000 will be required. The equipment will replace an existing machine that has a salvage value of $85,000 and a book value of $100,000. Executives expect revenue to increase by $200,000 per year with no increase in operating expenses. If Tapestry has a corporate tax rate of 21%, what is the amount of the initial outlay for this project?
Answer:
($1,136,850)
Explanation:
The computation of the initial outlay is shown below:
Purchase price (-1,000,000 - $175,000) (1,175,000) (A)
machine proceeds
{$85,000 + ($100,000 - $85,000) × 0.21} $88,150 (B)
Net working capital ($50,000) (C)
Initial outlay ($1,136,850) (A - B + C)
Hence, the initial outlay is ($1,136,850)
We basically applied the above calculation to arrive at the answer
As a business owner, why would understanding the basic accounting equation be important?
Answer:
I don't know correctly but still I'll try
I wrote on my own pl look into my efforts and give me points
Explanation:
understanding is the thing that we want, not want that we need while doing any kind of work , like it my be your homework, it may be your preparation for some exam understanding is the basic thing that we need in any case weather it is doing in any problem or any love matter we have to understand each and every case of our life, our love or relationship matter, or understanding any problem .
especially when comes to business it is really important also because equations ok .. For doing any equation we have to understand what formula we can use , should we add or subtract etc . so ya if we understand only we can do something in life or in any equation.....
How has do-not-call legislation helped direct marketers?
A) Marketers are compensated by the Federal Trade Commission for lost sales caused by the laws.
B) Direct marketers have outsourced their activities to firms that are exempt from such laws.
C) Direct marketers have developed kiosks as an alternative to telemarketing.
D) Telemarketers are allowed to call customers for a small fee.
E) Telemarketers have developed opt-in calling systems that target consumers who have chosen to be contacted and therefore are less invasive.
E) Telemarketers have developed opt-in calling systems that target consumers who have chosen to be contacted and therefore are less invasive.
Purpose of Do-not-call legislation?
Do-not-call legislation has helped direct marketers in several ways:
1. Opt-in Calling Systems: Telemarketers have developed opt-in calling systems as a response to do-not-call legislation. These systems allow consumers to voluntarily opt-in to receive marketing calls, indicating their interest in being contacted. This approach ensures that telemarketing efforts are targeted towards individuals who have chosen to be contacted, making the calls less invasive and more likely to generate positive responses.
2. Improved Relevance and Effectiveness: With the implementation of do-not-call legislation, direct marketers have been forced to reassess their marketing strategies and find alternative ways to reach their target audience. This has led to a shift towards more targeted and personalized marketing approaches, resulting in improved relevance and effectiveness of marketing efforts. Marketers are now focusing on reaching individuals who are genuinely interested in their products or services, leading to higher response rates and better customer engagement.
3. Enhanced Reputation and Trust: By complying with do-not-call legislation and respecting consumers' preferences, direct marketers have been able to build a better reputation and gain the trust of their target audience. This has resulted in improved customer relationships and increased customer loyalty. Consumers are more likely to engage with companies that respect their privacy and communication preferences, leading to long-term business growth for direct marketers.
4. Increased Innovation: The introduction of do-not-call legislation has also spurred innovation within the direct marketing industry. Marketers have explored alternative channels and strategies to reach potential customers, such as online advertising, social media marketing, email marketing, and content marketing. This diversification of marketing tactics has allowed direct marketers to adapt to changing consumer preferences and behavior, ultimately driving business growth.
It is important to note that the impact of do-not-call legislation may vary depending on the specific market and industry. However, overall, the legislation has pushed direct marketers to adopt more customer-centric and targeted approaches, resulting in benefits such as improved relevance, enhanced reputation, and increased innovation.
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Have you ever considered designing a program to help people? Here is your chance. Follow the instructions below to design some of the important elements of your own human services program.
Create a mission statement specific to what you are setting out to accomplish.
Consider the following questions and make notes:
What is the need?
Why do people need your organization?
Who will your organization help?
What is your service population?
Where will these services be made available?
How will you inform people of your services?
List Objectives/Tasks
Immediate
Objective 1: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Long Term
Objective 2: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Staff
How many direct service positions are available? What positions are they?
How many program-planning and design positions are available? What positions are they?
How many administrative positions are available? What positions are they?
What is the total number of staff members needed?
Budget
Define the needs of your organization, such as supplies, equipment needed, property, etc. What role will fundraising play in budget planning?
Evaluation
Design a method for monitoring your progress. Explain the details of how you intend to use this tool to ensure that you are on track for accomplishing your goals for your organization.
Name
Finally, after considering the nature of your organization, develop a name for it.
Make a presentation of your organization's mission statement, goals, target population, principles, etc. This can be in the form of a four-hundred-word essay, a three-page outline, or a graphic representation such as a chart.
To create a human services program, you must first develop a business plan that aligns with your needs and then create the mission statement.
How to create a business plan?It corresponds to a document used to identify all the needs of a new business, such as its risks, resources, legal requirements, mission, personnel needs, etc. successful.
The mission statement is developed to be the statement of the identity of a business in the market, that is, it is a summarized document that demonstrates the reason for the existence of the business, who are its stakeholders and what are the company's values.
Therefore, questions like "What is the need?" and "Why do people need your organization?" will serve as a guide that will direct the creation of the business plan and mission statement in a way that is more aligned with your objectives.
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What interest is paid for three months on $960 at 2 74% annual interest paid quarterly?
Answer:
$6.64
Explanation:
The applicable formula
A = p x ( 1+ r)^ n
A =amount after 3 months
p=principal amount: $960
r = interest rate : 2.74% per year or 2.74/12 per month =0.23% or 0.0023
n = 3 month
A = $960 x ( 1+ 0.0023) ^3
A =$960 x (1.0023)^3
A =$960 x 1.00691
A=$966.64
compound interest Earned
=$966.64 - $960
=$6.64
Write a sample professional greeting you would record on your professional cell phone to be heard by employers and recruiters if they reach your voice mail.
Answer:
hello you have reached Micah micks office line if this is an emergency please hang up and call my personal line if this isn't please leave an voicemail and ill get back to you shortly thank you goodbye
Explanation:
Answer:
Hello this is *your name* from the *blank* department. If you're calling for an emergency please contact my regular phone and I will try my hardest to get in contact with you as soon as possible.
Explanation: