Answer:
Instructions are listed below
Explanation:
Giving the following information:
The owner thinks that 10,000 pizzas could be sold per month by cutting the selling price per pizza from $ 5.50 a pizza to $ 5.00.
Total revenues – Total costs = Monthly profit 5,000 pizzas 13750 – 8000 =
I will assume that at $5.50 the total sales in units are 5000. And that the variable cost per unit is $2.75 ($13750/5000) and fixed cost are $8000
Actual profit= (5000*5.5- 5000*2.75) - 8000= $5750
New price profit= (10000*5 - 10000*2.75) - 8000= $14500
Answer:
fraternal benefit society
Explanation:
The fraternal benefit society is an organization in which the people generally share the ethics, religious views, etc. Also this society provides the insurance to their members
Since in the question it is mentioned that the Edward who is a member of Knight of Columbus i.e. a religious group dedicated a voluntary service in order to give the benefit to society
So the knights of columbus is a fraternal benefit society
Answer:
1) Reward
2) Enjoyment
3) Personality Growth
Explanation:
<u>Learning Business</u>
I opted for Business because it is very easy as compared to other subjects.
It is applicable anywhere anytime.
It is rewarding in terms of rules and regulations.
<u>Otherwise Learning</u>
It enhances your abilities making you a strong enough person to fight any challenge.
It is always rewarding. It pays you one way or other.
It polishes and nourishes your personality to an extent where you feel better adapted towards life.
It is an enjoyment in the sense that it makes you see how well you use your abilities. For example I like mathematics and I enjoy doing it. Some people like drawing and they enjoy it.
Answer:
<u>Break-even Sales:</u>
Remo Company $128,346.17
Angelo Inc. $201,649.86.
Explanation:
Break-even Sales is the dollar amount of revenue at which there will be neither Profit nor Loss. In other words, it a Point at which Contribution Margin is equal to Fixed Costs. The Formula to Calculate Break-even Sales is:
Fixed Cost / Contribution Margin Ratio
where
Contribution Margin Ratio is Sales less Variable Expenses, and expressed as a percentage of Sales.
Remo Company
Contribution Margin Ratio = 75,000 / 275,000 = 27.27%
Break-even Sales = 35,000 / .2727 = $128,346.17
Angelo Inc.
Contribution Margin Ratio = 150,000 / 275,000 = 54.55%
Break-even Sales = 110,000 / .5455 = $201,649.86.
Answer:
d) Installment sales contract
Explanation:
A contract is described as an agreement between two or more parties commits to undertakes specific obligations. In a sale contract, the buyer and seller agree to the exchange or foods or services for a consideration called price.
An installment sale contract is an agreement that allows the buyer to make payment for the goods or services over time. Once an agreement has bee reached, the buyer takes possession of products and is free to use them. The buyer makes regular payments for the goods (installments) and will claim ownership upon completing payments. An installment sale contract is a form of credit sale.