How to write 600,000+30,000+4,000+700+30 in word form?

You run a game-day shuttle service for parking services for the local ball club. Your total costs for different customer loads a

kirill [66]

Answer and Explanation:

a and b. The average total cost and the marginal cost is shown below:

As we know that

Average cost is

= Total cost ÷ total number of customer loads

And, the Marginal cost is

= Additional total cost incurred for extra units generated

So based on this, the marginal cost and the average total cost are as follows

Customer load level Total cost Average cost Marginal cost

0 $27

1 $30 $30 ÷ 1 = 30 30 - 27 = 3

2 $32 $32 ÷ 2 = 16 32 - 30 = 2

3 $35 $35 ÷ 3 = 11.67 35 - 32 = 3

4 $38 $38 ÷ 4 = 9.5 38 - 35 = 3

5 $42 $42 ÷ 5 = 8.4 42 - 38 = 4

6 $48 $48 ÷ 6 = 8 48 - 42 = 6

7 $57 $57 ÷ 7 = 8.14 57 - 48 = 9

8 $68 $68 ÷ 8 = 8.5 68 - 57 = 11

c. Now the customer loan you want is

As we know that

Profit = Marginal revenue - marginal cost

And, as we can see that at marginal cost 9 we can load 7 customers so the 7 customers would be wanted

3 0

3 years ago

Supplied goods costing

aivan3 [116]

Answer:

Dr Mohan account 627

Cr Sales 627

Explanation:

Preparation of Journal entry

If the amount of RS. 600 is the goods costing that was supplied to mohan in which the issued invoice is 10% above cost with a 5% discounts the First step will be to calculate the Invoice price.

Calculation of the invoice price

Invoice price=[600+10%*600)+[5%*(600+10%*600)]

Invoice price=(600+60)-[5%*(600+60)]

Invoice price=660-(5%*660)

Invoice price=660-33

Invoice price=627

Now let prepare the Journal entry

Dr Mohan account 627

Cr Sales 627

(Being to record good sold to Mohan)

7 0

3 years ago

Bear Publishing sells a nature guide. The following information was reported for a typical month: Total Per Unit Sales $ 17,600

avanturin [10]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sales= $17,600 ($16.00 selling price per unit)

Contribution margin 7,920

Fixed expenses 3,600

First, we need to calculate the unitary contribution margin:

Units sold= 17,600/16= 1,100 units

Unitary contribution margin= 7,920/1,100= $7.2

Now, using the following formulas, we can calculate the break-even point in units and dollars:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 3,600/7.2= 500 units

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 3,600/ (7.2/16)

Break-even point (dollars)=$8,000

7 0

3 years ago

Mountain High Ice Cream Company transferred $65,000 of accounts receivable to the Prudential Bank. The transfer was made with re

Liono4ka [1.6K]

Answer:

Dr Cash 56,550

Dr Receivable from factor 5,500

Dr Loss on sale of receivables 6,450

Cr Accounts receivables 65,000

Cr Recourse liability 3,500

Explanation:

cash = ($65,000 x 90%) - factoring fees = $58,500 - $1,950 = $56,550

factoring fees = $65,000 x 3% = $1,950

loss on sale of receivables (includes factoring fees) = (accounts receivables + recourse liability) - (cash + receivable from factor) = ($65,000 + $3,500) - ($56,550 + $5,500) = $68,500 - $62,050 = $6,450

3 0

3 years ago

When a _________ matures, you receive your entire investment back plus any remaining interest.

kiruha [24]

Bond is correct answer.

When a bond matures, you receive your entire investment back plus any remaining interest.

Hope it helped you.

-Charlie

7 0

3 years ago