Lack of education and degree among these individuals.
These type of workers are exposed only in physical labor which sometimes lack mental exertion. Intellectual skills are also required by most employers which most people who are unfortunate are not able to attain. Thank you for your question. Please don't hesitate to ask in Brainly your queries.
Answer:
A. $ 450 comma 000
Explanation:
In order to compute the fixed cost per month first we have to determine the variable cost per unit which is shown below.
Variable cost per hour = (High total cost - low total cost) ÷ (High production volume - low production volume)
= ($710,000 - $550,000) ÷ (13,000 units - 5,000 units )
= $160,000 ÷ 8,000 units
= $20
Now the fixed cost equal to
= High total cost - (High production volume × Variable cost per unit)
= $710,000 - (13,000 units × $20)
= $710,000 - $260,000
= $450,000
We simply applied the above formula
Answer:
Deflation
Explanation:
According to my research on different studies conducted by economists, I can say that based on the information provided within the question this is better known as Deflation. This term refers to a decrease in general price level of goods and services because of a certain financial crash. Which in this scenario it was caused by the Cashland's banking system crashing.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
Part a
110,000 units
Part b
128,500 units
Explanation:
Break even sales is the level at which a firm makes neither a profit nor a loss.
Break-even (sales) = Fixed Costs ÷ Contribution per unit
where,
Fixed Costs = $14,300,000
Contribution per unit = Sales - Variable Costs
= $380 - $250
= $130
therefore,
Break-even (sales) = $14,300,000 ÷ $130 = 110,000 units
Units to reach Target Profit = (Target Profit + Fixed Costs) ÷ Contribution per unit
= ($2,405,000 + $14,300,000) ÷ $130
= $16,705,000 ÷ $130
= 128,500 units
