Answer:
Net operating income= 88,000
Explanation:
Giving the following information:
Selling price= $20
Unitary variable cost= 20*0.3= 6
Fixed costs= $10,000
Units sold= 7,000
<u>We need to calculate the net operating income:</u>
Sales= 20*7,000= 140,000
Variable cost= 6*7,000= (42,000)
Contribution margin= 98,000
Fixed costs= (10,000)
Net operating income= 88,000
Probably evaluate the purchase. Common sense here.
The answer to this question would be: $4.66
In this question, the grapes price is $1.99 per pound and you try to buy 2.34 pounds of grapes. Then you need to multiply the price with the weight of grapes. The calculation would be:
total price= price per pound * grapes weight(in pounds)
total price= $1.99/ pound * 2.34 pounds= $4.66
