The total profit Marjorie's mugs are = $2200
<h3>What is Variable cost?</h3>
Variable costs are expenses that alter as the volume of a good or service a company produces fluctuates. Marginal costs multiplied by the number of units produced make up variable costs. They can be regarded as typical expenses as well. Total cost is divided into two parts: fixed costs and variable costs.
<h3>What is fixed cost?</h3>
Fixed costs, also known as indirect costs or overhead costs, are expenses incurred by a firm that are independent of the volume of goods or services the business produces. They typically have a periodic nature, such monthly rent or interest payments. These expenses frequently also involve capital costs.
<h3>According to the given information:</h3>
Total mugs sold = 300
mugs sold at = 20
variable cost = 7
total fixed cost = 1700
find the profit:
profit = (300*(20-7) - 1,700)
= $2,200
The total profit Marjorie's mugs are = 2200
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Answer:
B. Hypothesis
Explanation: A hypothesis is a term used in experiments or research to describe the a proposal that is made with little facts which shall be explained or proven or elaborated by the actual conduct of the experiment or research.
A HYPOTHESIS IS USUALLY STATED FOR IT TO ACT AS THE STARTING POINT OR REFERENCE FOR THE EXPERIMENT OR RESEARCH WHICH IS TO BE CONDUCTED.
Answer:
<em>Lioonis and Rhea's realized gain of exchanged cannot be determined.</em>
<em>Explanation:</em>
<em>From the given question, let us recall that,</em>
<em>Loonis transferred assets with a= $820,000 FMV and a $444,000 adjusted tax basis and received 820 shares.</em>
<em> Rhea transferred assets with a $180,000 FMV and a $75,000 adjusted tax basis and received 180 shares.</em>
<em>The next step is to compute Loonis and Rhea's realized and recognized gain on the exchange.</em>
<em>Now,</em>
<em>The stock of Loonis has a $444,000 substituted basis; Rhea has a $75,000 substituted basis</em>
<em>Loonis assets have a $519,000 carryover basis.</em>
<em>Therefore, Loonis and Rhea's realized and recognized gain on the exchange cannot be determined.</em>
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