Answer:
The variable cost (related to the production volume) will be 5,865 in total per week (220 units)
or 26.66 per unit
Explanation:
220 units x 30 dollar total unit cost = 6,600
the total cost is compose of both, variable and fixed cost so we have to subtract the fixed cost to arrive to the variable cost.
total cost = fixed + varible
total - fixed = variable
6,600 - 735 = 5,865
The variable cost are 5,865 in total
while: 5,865 / 220 = 26,66 per unit
Answer:
Price Inelastic
Explanation:
Public transport systems are a necessity which consumers are unable to do away with easily. Therefore when prices are raised consumer habits remain the same. Inelastic refers to unchanging consumer habit even when prices change.
Answer:
d. $8.69
Explanation:
Activity rate for Activity 2 = Estimated Overhead Cost / Expected Activity
Activity rate for Activity 2 = $19,987.00 / 2300
Activity rate for Activity 2 = $8.69 per activity
Take $1,150,000 multiply by 15% to get the money increase between 1 years which is $172500 then take $1,150,000 subtract by $172,500 to get the final sales in 2015 which is $977,500
Answer:
$725
Explanation:
Price of call option = Call value * Number of shares in a contract
Where Call value = $7,25, Number of shares in the contract = 100
So, Price of call option = $7.25 * 100 shares
Price of call option = $725
So, the buyer would have to pay $725 for one call option contract assuming each contract is for 100 shares.