Answer:
Margin of safety= $12,000
Explanation:
Giving the following information:
Moe's Pizza Shop sells a large pizza for $12.00. Unit variable expenses total $8.00. The breakeven sales in units are 7,000 and budgeted sales in units are 8,000
To calculate the margin of safety in dollars, we need to use the following formula:
Margin of safety= (current sales level - break-even point)
Margin of safety= (8,000*12) - (7,000*12)= $12,000
Answer:
Hey
Explanation:
Thanks so much.............
Answer:
Total producer surplus= $30
Explanation:
Producer surplus is the difference between the price a seller is willing to sell and the market price or actual price at which the item is bought. The producer surplus is the additional benefit the seller gets from a sale.
Consumer surplus= Market price - Price seller is willing to sell for
Marco is willing to sell at $15 hour
Kelly is willing to pay $30 per hour
Mike is willing to pay $20 per hour
Surplus from Kelly= 30- 15= $15
Surplus from Mike= 20- 15= $5
Total producer surplus= ($15*1 hour) + ($5 *3 hours)
Total producer surplus= 15 + 15= $30
Answer:
The expected number of nondefective lightbulbs is 980 out of a random sample of 1,000 bulbs.
Explanation:
Hi, if the company is right, this is the operation that we need to do.

So, we are expecting 980 working bulbs out of a sample of 1,000
Best of luck