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netineya [11]
4 years ago
14

A small clothing firm currently produces 50,000 shirts and blouses per month. The cost of its factory, raw materials, and labor

is $500,000. If it is to increase production by 5,000 and that requires and additional labor and raw material expense of $100,000. What is the cost per shirt of the new shirts produced?a. $5b. $10c. $20d. $50e. $100
Business
1 answer:
andrezito [222]4 years ago
8 0

Answer:

The correct answer is C: $20

Explanation:

Giving the following information:

Units=  50,000 shirts and blouses per month.

The cost of its factory, raw materials, and labor is $500,000.

Increase in production= 5,000

Additional labor and raw material expense of $100,000.

Cost per shirt= 100000/5000= $20 unit

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It costs a publishing company $50,000 to make books. The $50,000 is a fixed cost or a cost that cannot change. To help the publi
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Read 2 more answers
Theresa adds $1,500 to her savings account on the first day of each year. marcus adds $1,500 to his savings account on the last
Kay [80]

Answer:

difference = $12093.38

Explanation:

given data

adds 1st day in saving account = $1,500

adds last day in saving account = $1,500

annual interest = 6.5 %

time = 35 year

to find out

difference in their savings account balances

solution

we get there first Theresa  future value that is

future value 1 = present value × \frac{(1+rate)^{time} - 1}{rate}   ....1

future value 1 = $1500 × \frac{(1+0.065)^{35} - 1}{0.065}

future value 1  = $186052.04

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future value 2 = present value × \frac{(1+rate)^{time} - 1}{rate} ×  (1+rate)  .........2

future value 2 = $1500 × \frac{(1+0.065)^{35} - 1}{0.065} ×  (1+0.065)

future value 2 = $198145.42

so that here difference is

Difference = $198145.42 - $186052.04

difference = $12093.38

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3 years ago
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