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
Musya8 [376]
3 years ago
9

Carter Co. sells two products, Arks and Bins. Last year, Carter sold 14,000 units of Arks and 56,000 units of Bins. Related data

are: Unit Selling Price $120 Unit Variable Cost $80 60 Product Unit Contribution Arks Bins $40 20 80 What was Carter Co.'s variable cost of
a. $70
b. $64
C. $60
d. $140
Business
1 answer:
natta225 [31]3 years ago
7 0

Answer:

Variable cost per unit = $64 per unit

so correct option is b. $64

Explanation:

given data

sold Arks = 14,000 units

sold Bins = 56,000 units

products       unit selling price    unit variable cost       unit contibution            

Arks               $120                                $80                              $40

Bins                   80                                   60                                20

to find out

Carter Co.'s variable cost

solution

we get here Variable cost per unit find as

Variable cost per unit = ( Arks unit variable cost ×  sold Arks + Bins unit variable cost ×  sold Bins )  ÷ total sales

Variable cost per unit = \frac{(80*14000)+(60*56000)}{14000+56000}

Variable cost per unit = $64 per unit

so correct option is b. $64

You might be interested in
In order to encourage the agricultural industry, the French government provided low-interest loans for the purchase of seeds and
finlep [7]

Answer:

c. subsidies

Explanation:

Based on the scenario it can be said that the instrument of trade policy that is being used by the French Government are known as subsidies. These are government incentives that are given as a form of financial aid to an economic sector. This is given for the main purpose of increasing economic and social policy within that sector. Such as the French Government wants to do with the agricultural industry in this scenario.

4 0
3 years ago
Compared to rail transportation, one of the advantages of shipping by truck is that trucks
ruslelena [56]

Compared to rail transportation, one of the advantages of shipping by truck is that trucks "Can reach more destinations".

<h3>What is rail transportation and road transportation?</h3>
  • Rail transportation: Train travel is another name for rail travel. It is a mode of transportation that uses cars that travel on tracks (rails or railroads). It is one of the most significant, frequently used, and highly affordable methods of transportation for both people and products across long and short distances.
  • Road transportation: Road transport refers to the movement of people and goods across a network of roads. A road is a path between two points that has been paved or otherwise improved to allow travel by both motorised and non-motorised carriages.

The advantages of raid transport over rail transport are-

  • Road construction is substantially less expensive than building railroads.
  • In hilly and undulating terrain, roads may be built with ease.
  • Highways connect railway stations, airports, and seaports, acting as a feeder to other forms of transportation.
  • They offer individuals and vehicles to commute to a variety of areas and assist them in getting there without any problems.
  • Road transport is the practice of moving goods or people along a road network from one location to another.

To know more about benefit of road transportation, here

brainly.com/question/21105347

#SPJ4

5 0
1 year ago
Suppose in year 1 the CPI is 90, in year 2 the CPI is 100, and in year 3 the CPI is 110. Then, inflation is
omeli [17]

Answer: E) Both answers B and D are correct.

Explanation:

Inflation using the Consumer Price Index is calculated by;

= (CPI in current year - CPI in previous year) / CPI in previous year

Year 2 Inflation = (100 - 90) / 90

= 11%

Year 3 Inflation = (110 - 100) / 100

= 10%

7 0
3 years ago
your client began purchasing shares of the gro mutual fund two years ago. she has followed a dollar cost averaging approach by i
Tems11 [23]

The client's average cost per share of GRO is $40.61

<h3>What is the cost per share of stock?</h3>

The most recent price at which a stock has traded is known as the "share price," or market price per share of stock. When the price a buyer is prepared to pay for a stock meets the price a seller is willing to accept for a stock, it happens as a result of market forces. Divide the total cost of the acquisition by the number of shares purchased to arrive at the average price per share.

Given:

Net asset value of fund(X)  Number of shares purchased(Y)            X×Y

$                             44.44                                            45                     $1,999.80

$                             38.46                                            52                     $1,999.92

$                             33.90                                            59                     $2,000.10

$                             48.78                                             41                      $1,999.98

Total                                                                            197                     $7,999.80

Client's average cost per share                                                                                  $ 40.61

Average cost per share = 7999.80/197 = $40.61

To learn more about average cost per share, visit:

brainly.com/question/10375920

#SPJ1

5 0
1 year ago
What is the difference between productive and service oriented professions Explain with examples​
Ghella [55]

Answer:

Explanation:

Product vs Service Business

While it may seem to go against traditional thinking, in some ways there is very little difference between product based and service based companies. In actuality, both sell a product. The distinction between the two is that the product business sells a physical, tangible product, while the service business owner sells his skills as the primary product. In the service-based business, customers purchase the skills of a service provider or owner, such as a plumber or lawyer, This type of business has a strong emphasis on the client relationship and makes the customer's user experience very important. Product-based businesses, on the other hand, deliver physical products that are reasonably consistent in quality for each customer, making the customer experience fairly predictable.

Local or Global Consumer Markets

In general, when consumers are looking for new solutions they try to distinguish the different services/products of business and industry in the locality where they reside. As such, businesses need to target their product and service based businesses to the appropriate markets. Consumers located anywhere in the global market can purchase a product via the internet as long as they can have their purchase delivered locally and cost effectively. However, most service businesses can only provide services to customers within their local target market. For example, while a computer store can ship computers all over the world, a hairstylist will only attract clients within a reasonable driving distance from her home or business. As a result, businesses need to consider how their customer base will influence their marketing efforts.

pl. make it as brainliest if it's helpful to you...!!

5 0
2 years ago
Other questions:
  • Northern Company has bonds with an amortized cost of $600,000. At the end of the first reporting period, the bonds had a fair va
    12·1 answer
  • Replace an existing asset: You have a 2000 Nissan that is expected to run for another three years, but you are considering buyin
    7·1 answer
  • Kate owns a stock with a market price of $31 per share. This stock pays a constant annual dividend of $0.60 per share. If the pr
    11·1 answer
  • What effect will each of the following have on the supply of auto tires? (Keeping all else constant) a. A technological advance
    15·1 answer
  • Why is it better to underestimate your income instead of overestimating when creating a budget?
    15·1 answer
  • HELP!!!!!!!!!!!!!!!!!
    8·2 answers
  • A hedge fund returns on average 26% per year with a standard deviation of 12%. Using the empirical rule, approximate the probabi
    14·1 answer
  • at the end of your car lease period, you intend to turn in the car, and you will not pay extra at that time based on the residua
    11·1 answer
  • A _____ is a temporary work structure that starts up, produces products or services, and then shuts down.group of answer choices
    8·1 answer
  • jameson has the following sources of income: sole proprietorship income $40,000 general partnership operating income $5,000 inte
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!