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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

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The correct answer is:  " management" .

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4 0
3 years ago
Suppose Congress passes legislation that offers subsidies to orange farmers. The impact on the market for orange juice will be a
Dmitrij [34]

Answer:

<u>the supply curve</u>

Explanation:

Remember the supply curve shows the relationship between the amount of a commodity that a producer (or orange farmer) is <em>willing </em>to offer and at a particular price at any given time.

Because of the subsidies to orange farmers we expect the price of orange to become lesser in the future. Therefore the rightward shift occurs in supply curve for oranges due to favorable changes such as the new legislation which may lead to:

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3 0
3 years ago
Four investment bankers need to cross a bridge at night to get to a meeting. They have only one flashlight and 17 minutes to get
RideAnS [48]

Answer:

Correct Answer:

The correct sequence of crossing include:

<em>First, the Analyst takes the flashlight and crosses the bridge with the Associate. This takes 2 minutes. </em>The Analyst then returns across the bridge with the flashlight taking 1 more minute (3 minutes passed so far). The Analyst gives the flashlight to the VP and the VP and MD cross together taking 10 minutes (13 minutes passed so far).

The VP gives the flashlight to the Associate, who recrosses the bridge taking 2 minutes (15 minutes passed so far). The Analyst and Associate now cross the bridge together taking 2 more minutes.<em> Now, all are across the bridge at the meeting in exactly 17 minutes.</em>

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The above is the only logical way through which all of them could be able to cross the bridge while still arriving to the meeting at/on the exact time.

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2 years ago
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katrin [286]

Answer:

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