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Elena-2011 [213]
3 years ago
13

A young thomas edison makes 20 light bulbs a week in his dorm room. the parts for each light bulb cost $2.00. he sells each ligh

t bulb for $5.00. general electric offers thomas an executive job that pays $50.00 a week. thomas's weekly economic profit from making light bulbs is equal to:
Business
2 answers:
PolarNik [594]3 years ago
7 0

$10.00 is the answer.

20 x $2 = $40

20 x $5 = $100

$100 - $40 = $60

$60 - $50 = $10

azamat3 years ago
5 0

$10.00      .......................

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A and C (associates and bachelors)
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8. Hebner Housing Corporation has forecast the following numbers for this upcoming year: Sales $1,000,000 Cost of Goods Sold 600
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8 0
3 years ago
Paney Company makes and sells calendars. The information on the cost per unit is as follows: Direct materials $1.50 Direct labor
Vsevolod [243]

Answer:

Break-even point (dollars)= $80,000

Explanation:

Giving the following information:

Variable costs:

Direct materials $1.50

Direct labor 1.20

Variable overhead 0.90

Variable marketing expense 0.40

Total variable costs= 4

Fixed costs:

The fixed marketing expense totaled $13,000

The fixed administrative expense totaled $35,000.

Total fixed costs= $48,000

The price per calendar is $10.

To calculate the break-even point in dollars, we need to use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 48,000/ [(10 - 4)/10]

Break-even point (dollars)= 48,000/0.6

Break-even point (dollars)= $80,000

3 0
3 years ago
Suppose the labor force stays​ constant, and the working age population stays​ constant, but some people who were unemployed bec
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...increase due to unemployed people becoming employed and joining labor force, along with the fact that the working age population is staying constant
5 0
3 years ago
Kate Company purchased a tractor at a cost of $120,000. The tractor has an estimated salvage value of $20,000 and an estimated l
Irina18 [472]

Options :

A) Straight-line

B) Units-of-production

C) Double-declining-balance

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C.) Double declining balance

Explanation:

Given the following:

Cost of tractor = $120,000

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Depreciation Expense :

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(120,000 - 20,000) / 8 = 100,000 / 8 = $12,500

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0.25 * 120,000 = 30,000

Unit of production:

(120,000 - 20,000) * (2100 / 12,000)

= 100,000 * 0.175 = $17500

5 0
3 years ago
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