1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
iren2701 [21]
3 years ago
12

A clothing store has ordered 100,000 swimsuits. It costs $22 to produce a swimsuit. They plan to sell them until August 31 at a

price of $40 and then mark the price down to $30. Given values for demand through August 31 and after August 31, develop a worksheet to compute the profit from this order. (Hint: you select demand values. The point is to create a formula that will provide the correct profit for any demand level.)
Business
1 answer:
fomenos3 years ago
8 0

Answer:

Total profit = $1800000  @ a given demand level of 100K units of swimsuit.

Explanation:

Lets first develop a formula representing the Total profit for any demand level, see as follows:

(Selling price per unit× d) - (cost per unit× d)= Total profit

We will be using the short forms of the components in this formula.

SP = selling price per unit

d= demand

cp= cost per unit

TP= Total profit.

Now lets substitute the values into the formula to compute profit at any demand level (in this case 100,000 units of swimsuits) as follows:

Total profit = ($40× 100000) - ($22× 100000)

Total profit = $4000,000 - $2200,000

Total profit = $1800000  @ a given demand level of 100K units of swimsuit.

<em />

<em>(NOTE: The formula mentioned above can be used to compute the correct profit for any demand level, even though if there is a change in sp and/or cp, the formula can also be useful.)</em>

You might be interested in
You will imagine a newly established SERVICE COMPANY as of Jan 01, 2015. You will start and finish the Accounting Cycle accordin
Anvisha [2.4K]

Answer:

Your Semester Assignment (SA) is instructed below: The submission process of the SA. 1. Deadline for submission: Dec 13, 2021, Monday, 23:59 2. Do NOT prepare a "Copy-Paste" assignment. 3. DO NOT prepare the same numbers, same examples, or same thoughts for more than one student in assignments. 4. The SA should be prepared with high quality by considering English grammar and good shape in structuring paper. 5. There should be a cover page that should include; • The name, department, and number of the student. • The subject of the assignment. • The abstract (summary) of your accomplishment (by saying that what you did, what you reach, what you learn, etc.) 6. If necessary, I will inform further considerations. 7. The SA's subject: Given data and requests: You will imagine a newly established SERVICE COMPANY as of Jan 01, 2015. You will start and finish the Accounting Cycle according with the below instructions. You should prepare your Semester Assignment by considering below items to be recorded to the Journal; 1. During January, record 12 economic events (directed below) to the Journal and post these recorded entries to the related Ledger accounts (10 points): a. 1 investing some capital (On the 1" of January, some capital from shareholders (14 economic event) is transferred to the company.) b. 1 getting some loan from a bank (On the 1" of January, some loan from the creditors (banks) with 20% annual interest rate is deposited to the company's bank account (2nd economic event). c. 3 prepaid expenses, 1 unearned revenue, d. 3 accrued expense, 1 accrued revenue, e. 1 purchasing a vehicle in the beginning of January, f. 1 purchasing equipment in the beginning of January, 2. At the end of January, Prepare Trial Balance (10 points). 3. Record 8 adjusting entries (5 deferrals, 3 accruals) for previously recorded entries explained above and post these adjusting entries to the related Ledger accounts (25 points). 4. Prepare Adjusted Trial Balance (15 points), 5. Prepare Income Statement (15 points), 6. Prepare Retained Earnings Statement (10 points), 7. Prepare Balance Sheet (15 points).

Explanation:

7 0
3 years ago
Armed only with his fingers, the owner decides that the safest forecasting approach is a linear trend line. His fingers are achi
Mekhanik [1.2K]

Answer:

c. 583.5

Explanation:

The forecast for the Tacos in the month of June will be 583.5. The forecasting technique help the businessmen to plan and organize their business activities according to the expected demand. There can be slight deviation from forecast or in some case there can be major deviation due to unexpected events. Seasonal effects are also considered when forecasting sales for the product.

7 0
3 years ago
Paul and Libby White (both are age 66) are married and together have AGI of $105,000 in 2018. They have two dependents and file
Alika [10]

Explanation:

The unanimous Declaration of the thirteen united States of America, When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature

8 0
3 years ago
if your yearly pension was $46,875.00, what is your monthly pension? choose the best answer from the options below: a $3706.25 b
emmasim [6.3K]
The correct answer is B

5 0
3 years ago
QUESTION 2 of 10: A sports franchise posted a video which resulted in viewers purchasing 60,000 team shirts. This was 20% of vie
Leni [432]
Total views = 100x60,000/20
300,000views


Hope this helps!
7 0
3 years ago
Read 2 more answers
Other questions:
  • A benevolent social planner would prefer that the output of good x be decreased from its current level if, at the current level
    5·1 answer
  • A postsecondary school that does not have a set of admission requirements such as a minimum GPA or test scores is called
    11·1 answer
  • Bosio Inc.s perpetual preferred stock sells for $97.50 per share, and it pays an $8.50 annual dividend. If the company were to s
    13·1 answer
  • If the government decides to adopt a carbon tax, the price of goods whose production generates carbon emissions will __________
    10·1 answer
  • Variable Overhead VariancesMorgan Tax Company considers 6,000 direct labor hours or 300 tax returns its normal monthly capacity.
    9·1 answer
  • Cherries on Top, a national ice cream shop, is struggling financially to keep up with the bigger chains. The top executives have
    5·1 answer
  • When Congress passed the Sarbanes-Oxley Act of 2002, it imposed greater regulation on public companies and their auditors and re
    5·1 answer
  • Angie owns numerous strip malls. A major tenant of one of the strip malls wanted to cancel its lease because it was moving to an
    6·1 answer
  • Glover Co. returned defective goods costing $5,000 to Mal Company on April 19, for credit. Glover had purchased the goods on Apr
    6·1 answer
  • PLEASE HELP I NEED A BUSINESS REPORT!!!! DUE IN 25MINUTES PLEASEEEEEEE
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!