1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
VLD [36.1K]
3 years ago
14

JT Inc. produces gourmet frozen dinners for the airline industry. JT has fixed costs of $200,000 and variable costs of $8 per fr

ozen dinner. The selling price per frozen dinner is $13 and JT plans to sell 150,000 frozen dinners this year. If JT sells the 150,000 frozen dinners they planned to sell what will JT's operating profit be this year?
Business
1 answer:
nadezda [96]3 years ago
6 0

Answer:

The operating profit for this year amounts to $ 550,000

Explanation:

Operating Profit is computed below as:

Operating Profit = Revenue - Expense (Fixed Cost + Variable Cost)

                           = $1,950,000 - ($200,000 + $1,200,000)

                           = $1,950,000 - $1,400,000

                          = $550,000

Revenue = Number of frozen dinners × Selling Price

               = 150,000 × $13

               = $1,950,000

Variable Cost = Number of frozen dinners × Cost per frozen dinner

                       = 150,000 ×  $8

                       = $1,200,000

You might be interested in
According to Guy Kawasaki, intelligent, deep, complete, empowering, and elegant are qualities of curve-jumping products Select o
Nataly_w [17]

According to Guy Kawasaki, intelligent, deep, complete, empowering, and elegant are qualities of curve-jumping products .

<h3>What is intelligence?</h3>

Intelligence can be regarded as the capacity that involves the  abstraction, as well as understanding, and  knowledge.

Therefore, According to Guy Kawasaki, intelligent, deep, complete, empowering, and elegant are qualities of curve-jumping products

Learn more about intelligence   at:

brainly.com/question/24858866

7 0
2 years ago
Consumer surplus is represented by the area _____ the demand curve and _____ the price that the consumer pays.
leonid [27]

Answer:

under

above

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

For example, if the willingness to pay for a book is $100 and the price of the book is $50.

Please check the attached image for a diagram showing consumer surplus

Consumer surplus : $100 - $50 = $50

3 0
3 years ago
Which rule requires that contracts that would normally fall under the statute of frauds and need writing if negotiated by the pr
Bezzdna [24]

Answer: The rule that requires that a contract should be written is Equal dignity rule

Explanation:

Equal-dignities rule is a rule in which an agent act according to the authority give ln by the principal. These action are only taken by the agent through following the written authorization.

It is crucial on cases of fraud hence in this rule a contract is considered on in a written form otherwise it may be rejected .

5 0
3 years ago
A process in which a third party reviews a case made by two sides of a negotiation is called ________.
kipiarov [429]
The third party is called a mediator 
3 0
3 years ago
Read 2 more answers
Knowing the uses of Word can help people make decisions on how best to navigate the application.
andrezito [222]

Answer:

articles

reports

books

brochures

Explanation:

A word is a processing software in which we can make the best use to prepare articles, reports, books or booklets, brochuers, etc. It is best for editing the documents

There are various features in a word through we can make these things as discussed above

For making the spreadsheet we use the excel and for making the presentations we use power point

Therefore these two would not come under the word processor

Hence, the first four options are correct

5 0
3 years ago
Read 2 more answers
Other questions:
  • After 8 years of working for a company that installed underground sprinkling systems for golf courses, Trevor was ready to ventu
    9·1 answer
  • On January 1, 2020, JWS Corporation issued $600,000 of 7% bonds, due in 10 years. The bonds were issued for $644,636, and pay in
    13·1 answer
  • The purpose of a W-4 form is to _____.
    7·2 answers
  • Why is investing important in an economy?
    12·2 answers
  • Advise the Sampsons on the maturity to select when investing their savings for their children’s education. Describe anyadvantage
    15·1 answer
  • In an article in the Wall Street Journal​, Kevin​ Brady, a member of Congress from​ Texas, stated,​ "To get Congress to pass the
    13·1 answer
  • ‼️‼️ Which of the following statements about international business is the most
    8·2 answers
  • The steps in the budgeting process are
    9·1 answer
  • How might buyers' perceptions of price influence pricing decisions?
    6·1 answer
  • What is the promissory note???​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!