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mina [271]
2 years ago
6

A shoe company invests $300,000 in equipment to produce a new line of athletic footwear. Each pair of shoes costs $15 to produce

and sells for $70. How many pairs of shoes must the company sell to break even
Business
1 answer:
jekas [21]2 years ago
5 0

Pair of footwear costs $15 to supply and sells for $70.A shoe organization sells 5455 gadget pairs of shoes.

The costs function refers back to the useful dating between cost and output. It studies the behavior of price at distinctive ranges of output while generation is assumed to be steady. it may be expressed as under C= f(Q) (here, C= price of production; and Q= Quantum of output).

The Costs function measures the minimal value of producing a given degree of output for some fixed element costs. The fee feature describes the economic opportunities of a company. type of quick-run price features: average (total) fees. average constant charges.

A price feature is a characteristic of input expenses and output quantity whose cost is the price of making that output given the ones enter prices, often carried out via using the cost curve with the aid of agencies to reduce fees and maximize manufacturing performance.

Learn more about  costs function here: brainly.com/question/2292799

#SPJ4

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An organization has a standing order with a supplier. the organization has ordered the same product in the same quantity monthly
evablogger [386]

Answer:

Modified Rebuy.

Explanation:

Modified Rebuy can be defined as the desires of a buyer to re-purchase or reorder the products previously bought but with certain modifications either in prices, products, suppliers, or terms. The buyer may modify the current purchasing terms because he may not be satisfied with the supplier or may have some new requirements.

In the given case, the modification in supplier has been made by the organization to get a better price. Thus this is an example of modified rebuy.

So, the correct answer is modified rebuy.

7 0
3 years ago
Use the cost information below for Ruiz Inc. to determine the total manufacturing costs incurred during the year: Work in Proces
Paraphin [41]

Answer:

b. $44,500

Explanation:

Particulars                             Amount

Direct material used             $12,500

Direct labor used                  $26,500

Total factory overhead         <u>$5,500</u>

Total Manufacturing Cost   <u>$44,500</u>

3 0
3 years ago
Define hedge fund economics.​
tankabanditka [31]

Answer:

Hedge fund are financial partnerships that use pooled funds and employ different strategies to earn active returns for thier investors.. Hedge fund include long-short equity, market neutral, volatility arbitrage and merger arbitrage. They are generally only accessible to accredited investors

3 0
3 years ago
A groundskeeper must buy bags of fertilizer. Each bag treats $10000$ square feet of ground and costs $\$27$. The groundskeeper c
castortr0y [4]

Answer:

$162

Explanation:

As we know that

1 square feet = 0.1 square yard

which means

10,000 square feet = 0.1 × 10,000

                                = 1,000 square yards

And, the given cost is $27

So, the cost for 6,000 square yards would be

= (6,000 square yards × $27) ÷ (1,000 square yard)

= ($162,000) ÷ (1,000 square yard)

= $162

We applied the unitary method for above calculation.

5 0
3 years ago
Walmart has been opening walmart neighborhood market stores that are one-fifth the size of its supercenters and intended to comp
AleksandrR [38]

Based on the scenario, one risk to this effort is cannibalization. Cannibalization in business is being defined as a situation in which the new product that are released will likely take the demand and sales of another existing product or the competition of this new product that will result the overall sales to be reduced even if the new product sales are increasing.

3 0
4 years ago
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