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Ghella [55]
3 years ago
6

James is the manager at the local pizza store. He has been tasked with figuring out how much profit the store will show if he ca

n sell 100 pizzas per day. He has calculated his selling price per pizza at $15, with variable costs of $4 and fixed costs of $600 per day. James will show a profit per day of $________.
Business
1 answer:
s2008m [1.1K]3 years ago
4 0

Answer:

Hello)

Explanation:

Just visited this site -> http://mavizion.com AND I JUST VERY SATISFIED! My advice is!

You might be interested in
Refer to Scenario 13-3. Ziva's economic profit from farming equals a. −$80. b. $170. c. −$130. d. $130.
mafiozo [28]

Answer:

a. −$80.

Explanation:

Ziva's economic profit =Revenue- (explicit costs + implicit costs)

Revenue= $300

Explicit costs=$130

Implicit cost=$25*10 =$250

Ziva's Economic Profit= $300-($130+$250)

                                     =$300-$380

  Ziva's Economic Profit=-$80.

Explicit cost is the same as accounting costs. This include cost of seeds(i.e $130), wages paid to workers, rent paid for farm land, etc.

Implicits costs on the other hand is called opportunity cost or alternative forgone.

The $25 per hour forgone by working on the farm land is implicit cost.

                       

8 0
4 years ago
Hall Co.’s allowance for credit losses had a credit balance of $24,000 at December 31, Year 1. During Year 2, Hall wrote off unc
Vaselesa [24]

Answer:

$100,000

Explanation:

Allowance as at December 31, Year  2        $100,000

This will be recorded as it is expense for the year 2

Bad Debt Expense   Dr.$100,000

Account Receivable Cr.$100,000

5 0
3 years ago
Read 2 more answers
Indicate which type of unemployment the following describe.
Mandarinka [93]

Answer:

a. Structural unemployment

b. Seasonal unemployment

c. Cyclical unemployment

d. Seasonal unemployment

Explanation:

The unemployment George is involved in is structural because the perceived value and skills George possess is no more needed in the steel industry where he works and at Chicago land area where he moved to since there are now newer skills that could make work more efficient within the steel firms.

Leo in his case is battling with a seasonal unemployment as there are industries that operates in certain season(Time) of the year and not others. in January, when the winter is intense, construction work might not be feasible due to the high rate of snow fall in the period.  

Kim suffered from a cyclical unemployment because there is a need to prioritize some things above the other due to the recession in the country. people will focus more on how to solve their immediate problem such as putting food on the table and clothe as well as housing, The need for the purchase of computers will drastically drop at this point in time.

Lastly, Becky, a recent graduate from college is also suffering from a seasonal unemployment because of the time she graduated from college.

7 0
3 years ago
Match the terms to their definition.
Sonja [21]

Answer:

The answers already match :)

Explanation:

7 0
3 years ago
Peel Co. received a cash dividend from a common stock investment. Should Peel report an increase in the investment account if it
Paraphin [41]

Answer:

No, the investment is not increased in any accounting method so it must not be increased.

Explanation:

The reason is that in the cost method, the investment remains the same because the return is treated as income.

In the held for trading, the return received is treated as decrease in the investment because the dividend received decreases the fair value of the investment. Similarly in the equity method the dividend received is treated as cash withdrawal or we can say that dividend received decreases the fair value of the investment.

5 0
4 years ago
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