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larisa [96]
3 years ago
12

The following data are for Sophie Wynn Company. Variable cost per unit $12.50 Fixed costs $500,000 Calculate the selling price p

er unit that must be charged in order to generate a profit of $270,000 with a sales volume of 50,000 units.
Business
1 answer:
ANTONII [103]3 years ago
7 0

Answer:

$27.90 per unit.

Explanation:

Given that,

Variable cost per unit = $12.50

Fixed costs = $500,000

profit = $270,000

sales volume = 50,000 units

Total cost:

= Fixed cost + Variable cost

= $500,000 + ($12.50 × 50,000)

= $1,125,000

Sales revenue:

= cost + profit

= $1,125,000 + $270,000

= $1,395,000

Selling price per unit:

= Sales revenue ÷ Number of units sold

= $1,395,000 ÷ 50,000

= $27.90 per unit.

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Answer:

9\frac{5}{6} - 3\frac{3}{6} = \frac{38}{6}

Explanation:

Since this is an example of mixed whole numbers and fractions, this are mixed fractions.

Since the denominator is the same (6), we are just going to create a proper fraction out of these mixed fractions by multiplying the denominator with the whole number and adding the numerator. Then, the result becomes the new numerator, while the denominator remains the same.

Therefore, we have:

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