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goblinko [34]
3 years ago
5

What are two variables needed to calculate demand?

Business
1 answer:
Ostrovityanka [42]3 years ago
7 0
<span>"Price and quantity" are the two variables that are needed to calculate demand.


Demand refers to the amount or quantity that a man is both willing and ready to consume at each cost in a given time period, by keeping every single other thing consistent. When Price and quantity shift conversely by keeping all different things constant, it refers to the law of demand. </span>
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Break-Even Sales
Licemer1 [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Currently, the unit selling price of a product is $125, the unit variable cost is $105, and the total fixed costs are $460,000. A proposal is being evaluated to increase the unit selling price to $130.

Break-even point= fixed costs/ contribution margin

A) Break-even point= 460,000/(125-105)= 23,000 units

B) Break-even point= 460,000/ (130 - 105)= 18,400 units

3 0
3 years ago
On the basis of the details of the following fixed asset account, indicate the items to be reported on the statement of cash flo
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Answer and Explanation:

The computation of the purchase of fixed assets is shown below:-

March 12 Purchase of  fixed assets = $274,000. This same is shown in the investing activities section of the cash flow statement in the negative sign

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Gain on sale of the fixed asset is

= Sales Value - Cost of asset

= $151,000 - $129,000

= $22,000

This amount is shown in the operating activities section of the cash flow statement in the negative sign

7 0
4 years ago
Doggle, Inc. has two categories of overhead: maintenance and inspection. Costs expected for these categories for the coming year
Rudik [331]

Answer:

$18,400

Explanation:

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The full diagram explaining the step be step procedure is in the attached image below.

6 0
3 years ago
A rotational molding operation has fixed costs of $7,000 per year and variable costs of $52 per unit. If the process is automate
Finger [1]

Answer:

Number of units required for the two operations to break even= 907 (approx)

5 0
3 years ago
sasha rents a market stall selling jewellery. she makes most of her jewellery herself but she also buys in items from large manu
KonstantinChe [14]

Answer: variable costs cost which can be changed by time according to the produced product is known as variable cost. 2. Identify ...

Explanation: She makes most of the jewelry herself but she also buys items from large manufacturers. Her only other variable cost is her pay off her.

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3 years ago
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