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2 years ago

If profit is more than $10000 when fixed costs are $5000 and the price when producing 1000 units is $75, then variable cost is?

Business

1 answer:

stira [4]2 years ago

3 0

75/1000= $0.075 per unit or variable

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On August 5, 2021, Blossom Furniture shipped 50 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining set

Gennadij [26K]

Answer:

$15,960

Explanation:

The total profit on units sold for the consignor:

= Sales Value - Cost of Goods Sold - Shipping Expenses - Commission - Advertising Expenses - Installation and setup costs

= (40 × $720) - (40 × $220) - [$1,850 × (40/50)] - ($28,800 × 5%) - $470 - $650

= $28,800 - $8,800 - $1,480 - $1,440 - $470 - $650

= $15,960

5 0

3 years ago

State the purpose of footing the total column in the client's accounts receivable trial balance, tracing individual customer n

Pani-rosa [81]

No se y ni me importa

7 0

3 years ago

If a portfolio had a return of 11 the risk-free asset return was 6, and the standard deviation of the portfolios excess returns

Sindrei [870]

The premium would be 5%

If a portfolio had a return of 11 the risk-free asset return was 6, and the standard deviation of the portfolios excess returns was 25 the premium would be 5%

Portfolio return = 11%

Risk free rate = 6%

Risk premium = Portfolio return - Risk free rate

= 11% - 6% =5%

So, the premium would be 5%

Premium is an amount paid periodically to the insurer by means of the insured for overlaying his chance.

Learn more about premium here- https://economictimes.indiatimes.com/definition/premium

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4 0

1 year ago

Historically, a factory has been able to produce a very specialized nano-technology component with 35% reliability, i.e., 35% of

pochemuha

Answer:

Yes

Explanation:

From the given output

The Probability of getting 13 or more passed

when the reliability = 0.35. can be calculated as follows

=0.0258+0.0109+0.0039+.0012+0.0004 = 0.0422 ≈ 4.2%

Since the probability is less than the 5% level we will therefore reject the Null hypothesis

answer : YES

5 0

3 years ago

Last year a country’s real GDP grew by 4%, it’s inflation rate was 2.5%, and it’s government budget deficit was about $250 billi

Arturiano [62]

Answer:

d. 3.85 trillion

Explanation:

Step 1: Given data

GDP = GDP grew by = 4% = 0.04

R = inflation rate was = 2.5% = 0.025

D = government budget deficit was = $250 billion

Step 2: Formula

X = debt at the start of last year

X = D / (GDP + R)

Step 3: Computation

X = 250 billion / (0.04 + 0.025)

X = 250,000,000,000 / 0.065

X = 3,846,153,846,153.85

Step 4: Convert to trillion

X = 3,846,153,846,153.85 / 1,000,000,000,000

X = 3.85 trillion

The correct option is d. 3.85 trillion

Hope this helps!

5 0

2 years ago