Steve invests in a circus production. The cost includes an overhead of $84,000, plus production costs of $2000 per performance.
1 answer:
Answer:
14
Step-by-step explanation:
Given that Steve invests in a circus production. The cost includes an overhead of $84,000, plus production costs of $2000 per performance. A sold-out performance brings in $8000.
Sales per performance =8000
Production cost per performance =2000
Contribution per performance =
Overhead costs = 84000
Break even units = overhead cost/contribution per performance
=
14 performances should be done to break even
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Answer:
$29765.50
Step-by-step explanation:
Median is the middlemost value (or the average of the 2 middlemost value if there are even number of values) in an ascending order.
First, arrange the salary list in an ascending order.
$21,971 , $25,997 , $27,512 , $32,019 , $38,860 , $43,702
As we can see here, there are even number of values (6), so the median will be the average of the 2 middlemost value, which will be:
Median =
=
= $29765.50