Answer:
The cheapest alternative is: $300 a month immediately.
Explanation:
Giving the following information:
The dorm cost was $5000 for the two semesters
Jay had already paid a month after he moved into the dorm.
Jay estimates his food cost per month is $500 if he lives in the dorm and $450 if he lives in an apartment.
His share of the apartment rent and utilities will be $390 per month.
Each semester is 4.5 months long.
Alternative A:
One student offered to move in immediately and to pay Jay $300 per month for the eight remaining months of the school year.
Income= 300*8= 2400
Apartment rent= (3120)
Food= (3600)
Total= (4320)
Alternative B:
A second student offered to move in the second semester and pay $2500 to Jay.
Income= 2500
Dorm rent= (5000/9)*3.5= (1944)
Apartment rent= (1755)
Dorm food= 500*3.5= (1750)
Apartment food= (2025)
Total= (4974)
Alternative C:
Stay in the dorms
Dorm rent= (4444.44)
Dorm Food= (4000)
Total= $8444.44
<u>The cheapest alternative is A.</u>
Answer:
64.17% and 8%
Explanation:
The computation of the percentage is shown below:
For the cost of goods sold, the percentage would be
= (Cost of goods sold ÷ Sales) × 100
= ($77 million ÷ $120 million) × 100
= 64.17%
For the net income, the percentage would be
= (Net income ÷ Sales) × 100
= ($9.6 ÷ $120 million) × 100
= 8%
Simply we put the sales in denominator side and costs of goods sold or net income in numerator side
External adaptation, hope that helps!
Solution:
Given information:
The fixed operating costs are$430,000.
The variable costs per unit are $2.95.
The selling price of the product is $4.50.
Calculation of the break-even point:
The formula to calculate the break-even point is:
Break-even point = Fixed costs / Selling price per unit -Variable costs per unit
= 430,000 / 4.50 - 2.95
= 430,000 / 1.55 = 277,419
Substitute $430,000 for the fixed costs, $2
True.
At 200 feet you turn on low beams :)
