We are to solve for the price per unit. Let "x" be the price per unit.
The given values are the following:
Variable Cost = 1250,000 *x
Fixed Cost = $780,000
Net Profit = $650,000
Variable cost per unit = $19.85
The solution is shown below:
$650,000 = 1,250,000*x - $780,000 - $1,250,000*$19.85
x = $26, 242, 500 / 1,250,000 units
x = $20.994
The price per unit is $20.99 and the answer is letter "D".
Answer:
1 17/40
Step-by-step explanation:
5/8+4/5
We need to get a common denominator of 40
5/6 * 5/5 = 25/40
4/5*8/8 =32/40
25/40 + 32/40 = 57/40
57/40 = 40/40 + 17/40 = 1 17/40
1/4 of 5 gallons is 5/4 of a gallon, or 1.25 gallons of cranberry juice
Multiply 5/1 by 15/5 then add 2/15
