Answer:
variable markup % = 60%
Explanation:
total units sold 22,000
total costs associated with selling the 22,000 units:
variable production costs $18 x 22,000 = $396,000
variable S&A costs $13 x 22,000 = $286,000
fixed overhead = $20,500
fixed S&A = $36,700
total costs = $739,200
total cost per unit = $33.60
selling price = $33.60 + $16 = $49.60
markup percentage = [(sales price - unit cost) / unit cost] x 100
the total markup % = [49.60 - 33.60) / 33.60] x 100 = 47.62%
but since we are going to calculate the markup percentage solely based on variable costs, then:
variable cost per unit = $31
selling price = $49.60
the variable markup % = [49.60 - 31) / 31] x 100 = 60%
Answer:
b. is different from the model of supply and demand for a particular market, in that we cannot focus on the substitution of resources between markets to explain aggregate relationships
Explanation:
Here The two models are different. But it shows the similar idea, also the variables that are determined are totally different. The individual markets should be equipped with the given sources while on the other hand the overall economy could be subsituted the resources inside the market
Therefore the option b is correct
Answer:
C) entrepreneur
Explanation:
According to my research on different business roles and responsibilities, I can say that based on the information provided within the question In this example, Omega Distributors’ managers are carrying out the entrepreneur role. An entrepreneur is a a person who sets up a business or businesses, taking on financial risks in the hope of profit. Which is what they are encouraging employees to become by developing new products and thinking of financial risks that can pay off and provide benefits for the company.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
This chart shows the link between the price of the graphic T-shirts against the quantity demanded.
Explanation:
The chart can be represented as follows;
Price of the graphic T-shirts Quantity demanded
$5 50
$7.50 40
$10.00 30
$12.50 20
$15.00 10
From the chart above we can see that there is a relationship between the price of the graphic T-shirts and the quantity of the shirts demanded. From the chart it can be seen that an increase in the price of the T-shirt causes a corresponding decrease in the quantity demanded. For example; a price of $5 causes a demand of 50 shirts while a price of $15 causes a demand of 10. From the chart, we can say that increasing the price from $5 to $15 caused a reduction in demand from 50 to 10. This generally means that an increase in price of the shirts make most of customers feel that they cannot afford it or that it has been overpriced, therefor they would rather not buy. This is what makes the demand for the T-shirts to go down with increasing T-shirt prices.
Answer:
Second savings account
Explanation:
Life is full of surprises... repairs or emergency cases this would be helpful to have
