If Clancy's boss is interested in a graphical representation of the relationship between the price and quantity of televisions d
1 answer:
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Answer:
a. $25.50
b. $9,725,000
c. Cash = 8,888.89 units
Accounting = 35,555.56 units
Explanation:
a. Variable cost per unit = material cost + labor cost = $18.50 + $7.00 = $25.50
b. Total cost = Fixed + Variable
Variable = $25.50 350,000 = $8,925,000
Fixed = $800,000
Total = $800,000 + $8,925,000 = $9,725,000.00
c. Cash break even point = (Fixed cost - Depreciation)/Contribution per unit
Fixed cost = $800,000
Depreciation = $600,000
Contribution per unit = $48 (Selling price) - $25.50 (Variable cost) = $22.5
Cash Break even point = ($800,000 - $600,000)/$22.5 = 8,888.89 units
Accounting Break Even Point = Total fixed cost/ Contribution per unit
=$800,000/$22.5 = 35,555.56 units
Final Answer
a. $25.50
b. $9,725,000
c. Cash = 8,888.89 units
Accounting = 35,555.56 units
Answer:
The percentage change in nominal GDP from 2013 to 2014 was 4.29%
The percentage change in real GDP from 2012 to 2013 was 1.48%
The percentage change in real GDP from 2012 to 2013 was higher than the percentage change in real GDP from 2011 to 2012. FALSE
Explanation:
In order to calculate this we just have to calculate the percentages with a rule of thirds:
To calculate the first one we use the nominal GDP which is the GDP with the current market value:
To calculate the change in real GDP we use the values adapted to a pre-agreed monetary value, in this case the dollar at 2009:
To calculate the 2011 to 2012 we insert the values:
So with this we know that it is wasn´t higher the percentage change from 2012-2013, than that of 2011-2012