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saveliy_v [14]
4 years ago
6

Sugar corp has a selling price of $20, variable costs of $12 per unit, and fixed costs of $25,000. maple expects profit of $300,

000 at its anticipated level of production. if sugar sells 5,000 units more than expected, how much higher will its profits be?
Business
1 answer:
uranmaximum [27]4 years ago
5 0

So we first need to find the profit per unit, which means we need to find the number of units sold

profit = (sales price* quantity) - variable cost*quantity - fixed costs

plug in what we know

300,000 = (20q) - 12q-25,000

275,000 = 8q

q= 34,375 units produced. Then take profit/units = 300,000/34375 = 8.73 profit per unit

Now if we sell 5,000 more units, we would have 8.73*5000 = 43,636.36 additional profit

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A company that produces a popular brand of pasta decides against increasing product price. instead, the management decides to de
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3 years ago
Jumpin Corporation uses the percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to
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$101,500

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3 years ago
The Acme Aircraft Seat Company produces aircraft seats and is able to assemble 2 seats in 30 minutes using four workers. The sin
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The single-factor productivity is calculated by formula :

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The simple rate of return is 37.5%

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