2 banannas are in a pile. Each Bananna comes in a group of 18. Add 7 banannas to the pile. How many banannas are there?
1 answer:
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Answer:
in units: 18,900
in dollars: $ 41,013
Step-by-step explanation:
The break even point is the sales dollar amount or sales in unit at whichthe operating income of the firm equals to zero:
Where:
<em><u>Contribution margin:</u></em>
2.17 - 1.27 = 1 dollar per unit
Break even:
$18,900 fixed cost / $1 per unit = 18,900 units
Then, in sales:
18,900 x $2.17 each = 41.013
break even point:
Answer:
7.64% probability that they spend less than $160 on back-to-college electronics
Step-by-step explanation:
Problems of normally distributed samples can be solved using the z-score formula.
In a set with mean and standard deviation
, the zscore of a measure X is given by:
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this problem, we have that:
Probability that they spend less than $160 on back-to-college electronics
This is the pvalue of Z when X = 160. So
has a pvalue of 0.0763
7.64% probability that they spend less than $160 on back-to-college electronics