IF it costs 75,000 to put on an event and total revenue is 135,000 what is the profit as a percentage of revenue

Sheffield’s Manufacturing Company can make 100 units of a necessary component part with the following costs: Direct Materials $1

larisa [96]

Answer:

Company Save $37000 by Buying

Explanation:

given data

make component part = 100 units

Direct Materials = $122000

Direct Labor = 34000

Variable Overhead = 55000

Fixed Overhead = 30000

purchase the component = $200000

fixed costs = $4000

to find out

make or buy decision

solution

first we find here Total Cost for Making component part

total cost = Direct Materials + Direct Labor + Variable Overhead + Fixed Overhead ..............1

put here value

total cost for make = $122000 + 34000 + 55000 + 30000

total cost for make = $241000

and

now we find here Total Cost for buying component part

total cost = Purchase Price + fixed costs ............2

put here value we get

total cost for buying = $200000 + $4000

total cost for buying = $204000

so

we can say Company Save = $241000 - $204000 = $37000 by Buying

5 0

3 years ago

Gloria deposited $500 into a bank account that earned 7. 5% simple interest each year. She earned $225 in interest before closin

timama [110]

The number of years in which the money is in the account is 6 years.

<h3>What is simple interest?</h3>

Simple interest denotes the amount of payment that is received or paid by a person in return for anything pledged or given a loan.

The interest computed on the principal amount for a specified duration of time and rate of interest is called simple interest.

The formula of simple interest:

$\text{SI}= \text{P}\times r \times t$

Where, (P) stands for principal, (r) for interest rate, and (t) is for the time period.

<u>Computation </u><u>of a number of years:</u>

According to the given information,

P=$500,

r=7.5%,

t=?

SI= $225

Now, substitute the given values in the above formula, we have:

$\text{SI}= \text{P}\times r \times t\\\\\$225=\$500\times\ 7.5\%\times t\\\\t= 6 \text{Years}$

Therefore, the number of years is 6 years.

To learn more about the simple interest, refer to:

brainly.com/question/2793278

5 0

2 years ago

At its $60 selling price, Atlantic Company has sales of $15,000, variable manufacturing costs of $4,000, fixed manufacturing cos

mash [69]

Answer:

$36

Explanation:

The contribution margin per unit is calculated by subtracting the variable cost per unit from the selling price.

Selling price is $60

Contribution margin per unit?

The total sales in dollar value are $15,000, The sales in units equal to

=$15,000 /60

=250 units

Total variable costs will include variable manufacturing cost plus variable selling and administrative costs

=$4000 + $2000

=$6000

variable cost per unit will be the total variable cost divide by units produced

=$6000/250

=$24

Contribution margin per unit = $60- $24

=$36

6 0

3 years ago

Productivity is the combination of

BigorU [14]

Efficiency i believe <span />

5 0

3 years ago

Read 2 more answers

Snowberry Corporation had a net increase in Retained Earnings of $182,000 for the year. The corporation also paid $56,000 of cas

Zolol [24]

Answer:

$232,400

Explanation:

Data provided

Net increase in Retained Earnings = $182,000

Dividend declared for the year = $50,400

The computation of net income for the current year is shown below:-

Net income for the current year = Net increase in Retained Earnings + Dividend declared for the year

= $182,000 + $50,400

= $232,400

Therefore for computing the net income for the current year we simply added the net increase in retained earning with dividend declared for the year.

6 0

3 years ago