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AURORKA [14]
4 years ago
10

A video game manufacturer is planning to market a new machine. The fixed costs are $550,000 and the variable costs are $120 per

machine. The wholesale price of the machine will be $140. How many game machines must be sold before the company makes a profit?
Business
1 answer:
tresset_1 [31]4 years ago
6 0
Divide 550,000 by 140 and thats the amount need to break even, anything greater will earn $20 in profit per machine

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Carol Byrd gets a student rate of $30.00 a month for health insurance. There is a $250 deductible. She recently received treatme
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The company's payment = $1640,

Carol's total cost = $410.

<u>Step-by-step </u>

<u>Given:</u>

Bill amount = $2300

Amount of deductible = $250

Remaining amount is given by:

                                           =$2300-$250

                                          =$2050

Since Carol's insurance company provided paid 80% of the bill less the deductible.

So, the Company's Payment is given by:

Company Pays 80% which translates to 0.8

       Company Payment   = 0.8*2050

       Company Payment  = $1640

Carol's total cost after the payment of company is given by

                      Carol pays  = $2050 - $1640

                      Carol pays = $410

Hence, the company's payment was $1640, Carol's total cost was $410.

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8 0
2 years ago
Inflation indicates that
mart [117]

Answer:

the Consumer Price Index is rising

Explanation:

The CPI measures the rate of inflation, which is one of the greatest threats to a healthy economy. Inflation eats away at your standard of living if your income doesn't keep pace with rising prices—your cost of living increases over time. A high inflation rate can hurt the economy.

4 0
3 years ago
In the Shaping Department of Rollins Company the unit materials cost is $5.00 and the unit conversion cost is $3.00. The departm
sukhopar [10]

Answer:

The answer is: C

Explanation:

This costing question assesses the stages of completion of inventory during the manufacturing process. The significant point of information is: all materials are added at the beginning of the process, meaning at the end of the period, materials are fully complete, that is, no more materials will be added to the ending work in process. However, the conversion costs are yet to be fully utilised. In this case, equivalent units (partial units computed as completed units for purposes of costing at the end of a financial period) will have  to be calculated to reflect the stage of completion.

Materials cost: 5000 units at 100% completion yields 5000 units for costing

Conversion costs: 5000 units at 20% conversion completion is equal to: 5000*0.2= 1000 equivalent units

The costing calculation for ending work in process is as follows:

Materials cost: 5000 units at $5.00 per unit = $25,000

Conversion cost: 1000 units at $3.00 per unit = $3000

The total cost for ending work in process is the sum of the materials cost and conversion cost = $28,000

8 0
3 years ago
Which two of these should you do if your lender rejects your loan application?
saul85 [17]

Answer:

Find out the reason why the loan was rejected

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Loan application could be declined for so many reasons. However , in a situation where an application is not granted , it is good to find out the reasons behind the decision so as to avoid repeating such in subsequent application.

Another step to be taken after denial of application is to look for alternative lender and make another application . One may also need to improve on the application to avoid another denial this time around.

5 0
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pentagon [3]

Answer:

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