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3 years ago

Mathematics VII

Business

1 answer:

dsp733 years ago

6 0

Answer:

6 inch + 6 inch = 1 foot, so you will get 16, 6 inch sections!

Hope this helps!

Have a nice day!

Explanation:

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Sillytime Park competes with Splash World by providing a variety of rides. Sillytime sells tickets at $ 60 per person as aâ one-

horsena [70]

Answer:

BEP 378,000

Explanation:

$\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}$

$\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio$

$Sales \: Revenue - Variable \: Cost = Contribution \: Margin$

60 - 24 = 36 contribution margin

every units contribution $36 dollars

36 / 60 = 0.6 CM ratio

each dollar of sale generate 60 cents of contribution

226,800 fixed cost / 0.6 CMR = 378,000 BEP in dollars

3 0

3 years ago

Rios Co. makes drones and uses the variable cost approach in setting product prices. Its costs for producing 30,000 units follow

AnnyKZ [126]

Answer:

1. Variable cost per unit = $150

2. Markup percentage = 34.89%

3. Selling price = $202.33

Explanation:

Variable cost per unit = 70+40+25+15= $150

Fixed cost = 670,000+ 305,000 +285,000= $1,260,000

Fixed cost per unit = 1,260,000/30,000= $42

Profit per unit = Targeted profit

Targeted production unit

= $310,000 =$10.33

30,000

Markup percenge = Fixed cost per unit + profit per unit

Variable cost per unit

=$42+ $10.33 = 52.33 * 100 = 34.89%

$150 $150 1

Selling Price = Variable cost per unit + markup

= $150+$42+$10.33

= $202.33

Variable cost-plus pricing is calculated by determining variable costs per unit and adding mark-up which will cover fixed costs per unit and generate a targeted profit margin.

3 0

3 years ago

Read 2 more answers

Merchant Company had the following foreign currency transactions: On November 1, 20X6, Merchant sold goods to a company located

vazorg [7]

Answer

The answer and procedures of the exercise are attached in the images below.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a 2 sheets with the formulas indications.

6 0

3 years ago

Richland’s real GDP per person is $10,000, and Poorland’s real GDP per person is $5,000. However, Richland’s real GDP per person

dangina [55]

Answer:

It will take approximately 36 Years to Poorland to catch up to Richland.

Explanation:

Given data:

The GDP increase in Poorland per year = 1 %

The GDP increase in Richland per year = 3 %

Calculations:

Step 1: For Richland:

The formula for calculating the per year GDP increase for Richland is:

GDP = 10,000 + (10,000 x (1/100)) ---- (1)

GDP for first Year = 10,100$

GDP for second Year = 10,201 $

Similarly using the formula (1) we calculated the values for 10 and 20 years

GDP for 10th Year = 11046.2$

GDP for 20th Year = 12201.9$

Step 2: For Poorland:

The formula for calculating the per year GDP increase for Poorland is:

GDP = 5,000 + (5,000 x (3/100)) ---- (1)

GDP for first Year = 5,150$

GDP for second Year = 5,304.5 $

Similarly using the formula (1) we calculated the values for 10 and 20 years

GDP for 10th Year = 6719.6$

GDP for 20th Year = 9030.6$

Step 3: When will Poorland catch up to Richland:

By calculating values using the above formulas, we have found that for 38th year, Poorland will catch upto Richland and will have more GDP.

Poorland GDP for 36th Year = 14491.4$

Richland GDP for 36th Year = 14307.7$

6 0

3 years ago

_______ refers to changing one or more of a product's characteristics; while, a _______ is the development of a product closely

jeka57 [31]

Answer: PRODUCT MODIFICATION refers to changing one or more of a product's characteristics; while, a LINE EXTENSION is the development of a product closely related to one or more products in the existing product line but designed specifically to meet somewhat different customer needs.

7 0

3 years ago