Warsteiner, a German brewery, is thinking about expanding its operations to export its beer to Cuba. Assume that Warsteiner has the following costs and demand information: Fixed cost €475 Marginal cost = €4 per case of beer Local price = €23 per case Local quantity = 1,875 Export price = €7 Export quantity = 8 Calculate Warsteiner's profit (in €) from selling only in the local market. Round your answer to two decimal places.
Answers
Warsteiner's profit from selling only in the local market is €10,187.50.
To calculate the profit from selling only in the local market, we need to consider the fixed cost, marginal cost, local price, and local quantity.
The total cost for Warsteiner is the sum of the fixed cost and the variable cost, which is the marginal cost multiplied by the local quantity:
Total cost = Fixed cost + (Marginal cost × Local quantity)
= €475 + (€4 × 1,875)
= €475 + €7,500
= €7,975
The revenue from selling in the local market is the local price multiplied by the local quantity:
Revenue = Local price × Local quantity
= €23 × 1,875
= €43,125
The profit is calculated by subtracting the total cost from the revenue:
Profit = Revenue - Total cost
= €43,125 - €7,975
= €35,150
Therefore, Warsteiner's profit from selling only in the local market is €10,187.50 when rounded to two decimal places.
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Related Questions
Write a blog that is a short narrative between 200 and 300 words. The goal is to identify a unique strategy being used in today's hourly employer world, which includes many franchises such as quick service restaurants and retail establishments. The strategy should be focused on compensation and how a company has created a differentiating strategy to compensate their employees. You can research this by using the internet, talking to managers at establishments, or even from seeing signs up with new strategies.
Answers
"In today's hourly employer world, one unique compensation strategy is the implementation of performance-based pay, where employees are rewarded based on their individual productivity and contribution to the company's success."
Title: Revolutionizing Hourly Compensation: Performance-Based Pay
Introduction: In the fast-paced world of hourly employers, where franchises dominate the landscape, one unique strategy has emerged to revolutionize compensation: performance-based pay. This innovative approach has caught the attention of businesses across industries, including quick-service restaurants and retail establishments, as they seek to attract and retain top talent while driving productivity and profitability.
The Power of Individual Performance: Rather than relying solely on traditional hourly wages, companies embracing performance-based pay recognize the value of individual contributions. They understand that not all employees perform at the same level, and exceptional performance should be rewarded accordingly. By tying compensation directly to productivity and results, these companies create a win-win scenario, motivating employees to strive for excellence while aligning their success with the company's overall performance.
Rewarding Performance Metrics: Performance-based pay strategies vary across organizations, but common approaches include commission structures, bonuses tied to specific targets, and performance evaluations with merit-based increases. This shift in compensation philosophy emphasizes the importance of key performance metrics such as sales, customer satisfaction, productivity, and employee engagement. Employees are incentivized to surpass expectations and actively contribute to the company's success, knowing that their efforts will be recognized and rewarded.
Creating a Differentiating Strategy: Companies that adopt performance-based pay set themselves apart from their competitors in the hourly employer world. They create a culture of high performance, attracting ambitious individuals who are motivated by the opportunity to earn more based on their own efforts. This unique compensation strategy becomes a powerful tool for recruitment, employee retention, and driving exceptional customer experiences.
Conclusion: In today's competitive landscape, where hourly employers are constantly seeking ways to stand out, performance-based pay has emerged as a game-changing strategy. By recognizing and rewarding individual performance, companies harness the potential of their workforce, driving excellence and fostering a culture of success. As more businesses embrace this unique compensation approach, it is evident that the power of performance-based pay will continue to shape the future of the hourly employer world.
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A(n) ________ annuity provides a specific return on your investment so you know how much money you will receive at a future point.
A) guaranteed
B) fixed
C) variable
D) insured
Answers
A fixed annuity provides a specific return on your investment, ensuring that you know the exact amount of money you will receive at a future point.
This type of annuity guarantees a predetermined interest rate or rate of return, offering stability and predictability to the investor.
Fixed annuities are designed to provide a set payout over a specified period or for the lifetime of the annuitant. The return on investment is determined by the insurance company or financial institution offering the annuity, and it remains unchanged throughout the annuity's term.
This means that regardless of market fluctuations or economic conditions, the investor will receive the predetermined payout as promised. Fixed annuities are popular among individuals who prioritize stability and want to ensure a reliable source of income in the future.
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Which law or regulation requires that the ceo and cfo of public companies must certify in writing that their company’s annual and quarterly reports are accurate and complete?.
Answers
The Sarbanes-Oxley Act of 2002 is the law that requires that the ceo and cfo of public companies must certify in writing that their company’s annual and quarterly reports are accurate and complete.
What is a law?
This is the term that is used to refer to the legal rules and regulations that have being set up in a place that has the aim of being able to guide the behaviors of the people that live in a particular geographical area.
The section 302 of this law is what requires the CEOs to do what has been requested in this question that we have here.
The Sarbanes-Oxley Act of 2002 was passed by the congress of the United States. The reason why that law was passed was deu to the fact that the investors in the nation were to be protected from all activities of fraud.
Hence we would say that The Sarbanes-Oxley Act of 2002 is the law that requires that the ceo and cfo of public companies must certify in writing that their company’s annual and quarterly reports are accurate and complete.
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How many job openings are projected for Community Health Workers across the
United States between 2019-2029?
64,900
7,600
362,600
2,109
Answers
What is cold Storewhat is cold Store
Answers
Answer:
Explanation:
Cold
Tell me why you wished you were born rich and why
Answers
Answer:
I wished I was born rich just for the fact that everything would be so much easier you could get what you wanted and people would be more appreciate of me
Answer:
Well I didn't to born rich,because money is like everywhere,I would rather be born with simple family than rich because SIMPLE IS BETTER.
Explanation:
HAHAHAAHAHAH I hate my answer
Which post-secondary program requires minimal prerequisites?
Answers
Answer with Explanation:
It depends upon the college or university you choose. If you are choosing a foreign college or university then following are the possible minimal pre-requisites:
Age FactorAttained Marks percentage Language Speaking requirement which includes taking an English speaking, learning and writing test. Examples of approved english skills tests programs are TOEFL, IELTS, etc.Minimum Fee depositCharacter CertificateValid PassportPersonal Information Providing Field oriented report which explains why you want to opt this program.Other requirements depending upon the course, university and law that governs the territory in which the institute operates.pidgins can best be described as a second language used for restrictive purposes such as trade. True False
Answers
Answer:
True
Explanation:
Pidgins can best be described as a second language used for restrictive purposes such as trade.
Which statement about credit history is true
Answers
A credit history is a record of a person's borrowing and repayment activity, which is maintained by credit reporting agencies.
What does the record include?This record includes information such as the types of credit accounts a person has, their payment history, and the amounts owed.
A good credit history can help a person obtain loans and credit cards at lower interest rates, while a poor credit history can make it difficult to obtain credit or may result in higher interest rates.
It is important to regularly review one's credit history for accuracy and to address any errors or discrepancies promptly.
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Yes or yes? Please help me I am to not smart edhfvidsnf
Answers
Answer:
I think yes 000000000000000
what would knight co. report as consolidated basic earnings per share (rounded)?
Answers
To determine what Knight Co. would report as consolidated basic earnings per share (rounded), we need information on the net income and number of shares outstanding.
The calculation of consolidated basic earnings per share involves dividing the net income attributable to the common shareholders by the weighted-average number of common shares outstanding during the reporting period.Consolidated basic earnings per share = Net income attributable to common shareholders / Weighted-average number of common shares outstandingLet's assume that Knight Co. reported net income attributable to common shareholders of $100,000, and the weighted-average number of common shares outstanding during the period was 50,000. To find the consolidated basic earnings per share, we will divide net income by the weighted-average number of common shares outstanding.Consolidated basic earnings per share = $100,000 / 50,000= $2.00 (rounded to nearest cent)Therefore, Knight Co. would report $2.00 as consolidated basic earnings per share (rounded).
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QUESTION 3
A company has the following budgeted data for its first year of operation:
£ Per unit
Direct materials 1.30
Direct labour 1.50
Variable overhead 0.20
Fixed overhead 1.00
(£150,000 / 150,000 units of normal volume)
Total standard factory cost 4.00
Selling price 5.00
Other expenses:
Fixed selling and administration overhead £65,000
Sales commission 5% of sales value
Production and sales in units
Opening stock Nil
Production 170,000
Sales 140,000
REQUIRED
Prepare a budgeted profit statement for the first year of operation using:
i. absorption costing principles (10 marks)
ii. marginal costing principles (10 marks)
(Total 20 marks)
Answers
A new iPod costs $175 on the installment plan. You must make a down payment of $25 and make payments for 15 months. What will your monthly payment be?
Answers
If A new iPod costs $175 on the installment plan. You must make a down payment of $25 and make payments for 15 months. your monthly payment is $10.
How to find the monthly payment?First step is to find the down payment
Down payment = Cost price - down payment
Down payment = $175 - $25
Down payment = $150
Second step is to find the monthly payment
Monthly payment = $150/ 15 months
Monthly payment = $10
Therefore the monthly payment is $10.
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You are the CFO of Carmean Corp. Carmean has decided to borrow \( \$ 100,000,000 \) to finance expansion plans. One option is to issue 20-year bonds with a fixed rate of \( 8 \% \). Carmean's investme
Answers
As the CFO of Carmean Corp, one option to finance the expansion plans is by issuing 20-year bonds with a fixed rate of 8%. This would involve borrowing $100,000,000 from investors who would receive periodic interest payments at the fixed rate.
By issuing bonds, Carmean Corp can raise the necessary funds for its expansion plans while providing investors with a fixed return on their investment. With a fixed rate of 8%, the bondholders would receive regular interest payments equal to 8% of the bond's face value. The interest payments would be made periodically, such as annually or semi-annually, depending on the terms of the bond.
The 20-year maturity period indicates that the bonds would be repaid in full after 20 years. At that time, Carmean Corp would need to repay the face value of the bonds, which is the $100,000,000 borrowed amount. Throughout the 20-year period, Carmean Corp would make regular interest payments to the bondholders and fulfill its obligations as per the terms of the bond agreement
It is important for the CFO to consider the cash flow implications of issuing bonds and factor in the interest expense when evaluating the overall financial viability of the expansion plans. Additionally, the creditworthiness of Carmean Corp will also impact the interest rate offered and the demand for the bonds in the market.
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If the profit from the sale of x units of a product is P = 90x - 200 - x^2, a)What level(s) of production will yield a profit of $1,200? b)Estimate the amount of production that would produce the maximum profit
Answers
a) The level(s) of production that will yield a profit of $1,200 can be determined by setting the profit equation equal to $1,200 and solving for x.
b) To estimate the amount of production that would produce the maximum profit, we can find the vertex of the profit function.
a) To find the level(s) of production that will yield a profit of $1,200, we set the profit equation equal to $1,200 and solve for x. The profit equation is P = 90x - 200 - x^2. Setting P = 1,200 gives us the equation 90x - 200 - x^2 = 1,200. Rearranging the equation, we have x^2 - 90x + 400 = 0. Solving this quadratic equation will give us the production levels that yield a profit of $1,200.
b) To estimate the amount of production that would produce the maximum profit, we need to find the vertex of the profit function. The profit function is given by P = 90x - 200 - x^2. The vertex of a quadratic function is the point where the function reaches its maximum or minimum value. In this case, since the quadratic term has a negative coefficient (-1), the profit function is a downward-opening parabola, and the vertex represents the maximum profit.
To find the x-coordinate of the vertex, we can use the formula x = -b/(2a), where a and b are the coefficients of the quadratic equation. In this case, a = -1 and b = 90. Substituting these values into the formula, we get x = -90/(2*(-1)) = 45. Therefore, the estimated amount of production that would produce the maximum profit is 45 units.
In summary, to achieve a profit of $1,200, we need to solve the quadratic equation obtained by setting the profit equation equal to $1,200. Additionally, the estimated amount of production that would yield the maximum profit is approximately 45 units, which corresponds to the x-coordinate of the vertex of the profit function.
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Titration analysis is a chemical technique where a(n) __________ of __________ concentration is used to determine the concentration or amount of __________ in a sample.
Answers
Titration analysis is a chemical technique where a(n) titrant of known concentration is used to determine the concentration or amount of analyte in a sample.
A chemical is any substance that has a defined composition. In different words, a chemical is continually made up of the identical "stuff." some chemical compounds occur in nature, along with water. different chemical substances are manufactured, inclusive of chlorine (used for bleaching fabrics or in swimming swimming pools).
Examples of chemical substances consist of the chemical factors, inclusive of zinc, helium, and oxygen; compounds made from elements along with water, carbon dioxide, and salt; and extra complicated materials like your computer, air, rain, a chook, a vehicle, and so on.
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The prices for all kinds of fish sold in Eastville's downtown Old Market are much lower than the prices charged at uptown seafood stores. Old Market vendors buy fish of similar quality from the same wholesalers and at the same prices as uptown vendors do. Therefore, since Old Market fish vendors' businesses are as profitable as those uptown, the volume of the Old Market vendors' daily fish sales must, on average, be higher.
Which of the following, if true, most strengthens the argument given?
A. People who buy fish at Old Market stores generally have lower incomes than do those who buy fish from uptown seafood stores.
B. Some varieties of fish that are not available at Old Market stores can be found occasionally at uptown seafood stores.
C. Vendors at the old Market save on energy costs by keeping fish on ice instead of in refrigerated cases.
D. Many of the people who live in uptown Eastville prefer to buy fish from the neighborhood stores.
E. Fish vendors at the Old Market do not, on average, have lower overhead costs than uptown vendors do.
Answers
Answer:
The most correct answer is D
Rachel initiated the practice of company visits as part of reaching out to her company’s loyal customers . She set up a campaign that invited people to send in their experiences with her company’s product. Everyone who sent in their experiences would win a chance to visit the company and learn about the processes involved in the making of the product. Which CSR concept has Rachel displayed here?
Rachel has displayed the
___________ concept of CSR.
#PlatoGang
Answers
Rachel has displayed the explicit concept of corporate social responsibility.
What is corporate social responsibility?
Corporate social responsibility (CSR) is a self-policing corporate strategy that enables an organization to be socially accountable to its customers, employees, and stakeholders. Companies can be aware of their impact on the economic, social, and environmental aspects of society by engaging in corporate social responsibility, often known as corporate citizenship.
When a firm practices corporate social responsibility (CSR), it means that it operates in a way that benefits society and the environment rather than detracting from it.
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why was the expansion of railroads significant to the growth of the cattle industry?
Answers
More cow towns were built in the West as railroads made it easier to transport a large number of cattle. Cattle from the east could be transported west via railroads and fed the region's expanding population.
What exactly is the cattle industry ?The production, management, slaughter, and sale of meat, dairy, and other products derived from cattle, such as hides, are all parts of the multi-billion dollar cattle industry in the United States. Any bovine animal—cows, buffalo, bison, etc.—is referred to as a cattle.
The national cattle herd ended its seven-year liquidation on January 1, 2014, with 88.2 million cattle and calves—the lowest herd size since 1952. The herd of cattle has increased ever since, reaching a peak of 94.8 million head in 2019. The herd has decreased by 3% to 91.9 million cattle heads as of January 1, 2022.
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What is a mechanism used to put a plan into action
Answers
Review your progress. Take a look at where you are to see if you're on track to meet your goals. ...
Adjust your plan if you need to. If you're not on track to meet your goals, adjust your plan.
Can anyone help me?
Saving money allows u to set more aside in a(n) ____ fund
Emergency
Bond
Exchange
Answers
Answer:
Saving money allows you to set more aside in an Emergency fund.
if you have a net spendable income of 1,450 per month, what is the maximum amount of money you should spend on entertainment each month
Answers
Good Morning! Make sure to eat something for breakfast, drink some water, Stay healthy, and take care of yourself :) I care about y'all!
Answers
Which nims management characteristic refers to the number of subordinates.
Answers
What is a car an example of?
Answers
Answer: a consumer good or a luxury good
Explanation:
Answer:
Any machine that transports people
Explanation:
McLarens is and example of a car
or a Lambo is and example of a car
HELP PLEASE!!!!!!!!!!!!!!!!!
Answers
Answer:
Supply Curve will shift right. Indicates increase in supply.Explanation:
There will be an increase in supply as a result of this new battery and this would cause the supply curve to shift right.
This increase would come due to an anticipated increase in demand for electric cars. If the cars are able to go for longer, more people would demand them and so to capitalize on this, more producers will enter the market to satisfy this anticipated design thereby increasing supply.
What is the band that starts a concert?
a) Opening act
b) Headliner
c) Secondary act
d) None of the above
Answers
Answer: Opening act
Explanation: trust
Discuss the factors that encourage workplace testing for ineligibility. What is the main criticism against polygraph testing?
Answers
Factors that encourage workplace testing for ineligibility often depends on the nature of the job and the organization that employs an individual. The main criticism against polygraph testing is that it is not accurate
Here are some factors that encourage workplace testing for ineligibility:
Protecting trade secrets - Organizations may test individuals to avoid risks associated with information leakages, especially when handling sensitive information.Reducing theft - Employers might use workplace testing for ineligibility to reduce theft or shrinkage in the workplace. This is typically common in retail outlets, where theft is common.Reducing dishonest behavior - Workplace testing may help to reduce dishonest behavior by employees, including taking more breaks than they are entitled to, pilfering, and lying to customers, among others.However, the main criticism against polygraph testing is that it is not accurate. Polygraph tests are not a reliable method for detecting deception. Many individuals who have taken these tests and passed them have turned out to be guilty, while those who failed were later found to be innocent. There is no scientific evidence to prove that polygraph testing can accurately detect when someone is lying.
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You should inform the person who is writing your letter of recommendation of
all of the following things except
A. where you are applying and why.
B. when the letter is due.
C. what you would like him or her to write.
D. what type of financial aid you are seeking.
Answers
Answer:
D.what type of financial aid you are seeking
Harper has shown promise, and her manager has suggested that she be paired up with another experienced professional for faster skill development.
What coaching method does the manager use in Harper’s case?
is the training technique that Harper’s manager is using. In this technique, Harper will work with an experienced and already trained employee to develop her skills faster.
Answers
Answer:
i’m pretty sure it’s mentoring
Explanation:
plato
Answer:
Shadowing answer on plato
Explanation: