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
Pavel [41]
3 years ago
8

A company manufactured 50,000 units of a product at a cost of $450,000. It sold 45,000 units at $15 each. The gross profit is a.

$270,000 b.$240,000 c.$750,000 d.$600,000
Business
1 answer:
natali 33 [55]3 years ago
3 0

Answer:

The answer is A. $270,000

Explanation:

Gross profit is a measure of profitability. It can be derived by deducting cost of sales(cost of goods sold) from the net sales or revenue i.e Net sales(revenue) minus cost of sales:

Sales or Revenue: 45,000 units at $15

45,000 x 15

=$675,000

Cost of sales:

45,000units = ($450,000 / 50,000 units) × 45,000 = $405,000

Therefore, gross profit is:

$675,000 - $405,000

=$270,000

You might be interested in
Relation between occupation and education any 5 point​
klemol [59]

Answer:

More consistent and extended education leads to more job opportunities, increased income, and the ability to change one's economic status.

Explanation:

Education has not only a connection to sanitation and hygiene elements in informal settlements, but also to general career development

3 0
3 years ago
A local portrait photographer currently employs 2 helpers for the busy Fall season. With two helper she can produce 450 packets
Cerrena [4.2K]

Answer:

The marginal product for the third worker is 150 packets

Explanation:

Marginal product is the change in the output of a firm as a result of an additional input or factor of production. These additional inputs may include materials, labor etc.

The Marginal product for the third worker can therefore be calculated as

change in Total product / change in labour

change in total product = New packets of senior portrait -  old packets of senior portraits ( 600 - 450) =   150  

change in labour ( 3 - 2 ) = 1  

150/1 = 150 packets

6 0
3 years ago
ABO purchased a truck at the beginning of 2018 for
valentina_108 [34]

Answer:

B. Debit Loss $5,000.

Explanation:

depreciation per year under straigh-line method:

\frac{cost- salvage}{useful \: life}

\frac{140,000 - 20,000}{6}

depreciation per year: 20,000

book value at 2019 year-end:

140,000 - 20,000 x 2 = 100,000

disposal value:                95,000

loss for                               5,000

loss at diposal:                      5,000  debit

cash                                      95,000 debit

accumulated depreciation  40,000 debit

                truck                                       140,000 credit

3 0
4 years ago
The next dividend payment by Hoffman, Inc., will be $3.10 per share. The dividends are anticipated to maintain a growth rate of
Pani-rosa [81]

Answer:

6.2249%

Explanation:

Dividend yield = next dividend paid / price of the stock

Dividend yield is one of the components used in calculating the total return of a stock.

Total return = price return + dividend yield

price return is the return on a stock as a result of price appreciation

Dividend yield = $3.10 / $49.80 = 0.062249 = 6.2249%

6 0
3 years ago
Dia wants to improve her . Her creative writing teacher suggests that she read genres of books that she usually finds dull.
yawa3891 [41]
I believe the answer you are looking for is concentration because reading a dull book would make you want to do other things rather than sitting there having to read something boring.
4 0
3 years ago
Read 2 more answers
Other questions:
  • Suppose again that the Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20 p
    10·1 answer
  • Two car manufacturers, Saab and Volvo, have fixed costs of $1 billion and marginal costs of $10,000 per car. If Saab produces 50
    12·1 answer
  • Evaluate<br>2a + 4b<br>or a = -2 and b = 3​
    15·2 answers
  • If you built a computer company in Africa and then found that your product was having difficulty being distributed to customers
    12·1 answer
  • Consider Boeing (a producer of jet aircraft), General Mills (a producer of breakfast cereals), and Wacky Jack's (which claims to
    12·1 answer
  • A carpenter sands 12 of a dresser in 34 hour. At this rate, how long does it take the carpenter to sand 1 dresser?
    12·1 answer
  • Calculate the transaction value (in $ thousands) of a theoretical company based on the information provided below. Current Share
    9·1 answer
  • What are generally accepted accounting principles?.
    15·1 answer
  • Describe What You Will Use The Money For?
    8·1 answer
  • 22. Which one of the following is correct regarding the utilization of a good without an alternative use?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!