Answer:
Kelsey must produce 34 more pendants.
Step-by-step explanation:
Giving the following information:
Fixed costs= $200
Unitary variable cost= $7.8
Selling price per unit= $13.5
Desired profit= $50
<u>To determine the number of units to be sold, we need to use the break-even point in units formula.</u>
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (200 + 50) / (13.5 - 7.8)
Break-even point in units= 250/5.7
Break-even point in units= 43.86 = 44
Kelsey must produce 34 more pendants.
For this case we have the following relationship:
Total cost = (Unit Cost) * (Number of meters)
Therefore, substituting values in the given equation we have:
Total cost = (10.69) * (0.70)
Total cost = $ 7,483
This means that Sid will spend $ 7,483 to do the work.
Answer:
Sid will spend about $ 7,483.
Answer:
<h2>D = 16</h2>
Step-by-step explanation:
Answer:
He performed better in the 800 m race
Step-by-step explanation:
Obtain the standardized score for each event :
Zscore = (score - mean) / standard deviation
1000 meter :
Mean = 4.5 ; Standard deviation = 0.75 ; x = 4.1
Zscore = (4.1 - 4.5) / 0.75
Zscore = - 0.4 / 0.75 = - 0.5333
800 meter :
Mean = 3.2 ; Standard deviation = 0.4 ; x = 3
Zscore = (3 - 3.2) / 0.4
Zscore = - 0.2 / 0.4 = - 0.5
-0.5 > - 0.533
Hence, he performed better in the 800 m race
