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IceJOKER [234]
4 years ago
8

g "If the unit sales price is $16, variable costs are $4 per unit and fixed costs are $14,000, how many units must be sold to ea

rn an income of $160,000?"
Business
1 answer:
lutik1710 [3]4 years ago
4 0

Answer:

14,500

Explanation:

Income = Total revenue - Total cost

Total cost = total Fixed cost + Total variable cost

total Fixed cost = $14,000

Total Variable costs = variable cost per unit x quantity = $4q

Total cost = $14,000 + $4q

Total revenue = price x quantity = $16q

$160,000 = = $16q - $14,000 - $4q

$174,000 = $12q

Q = 14,500

I hope my answer helps you

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For each of the statements below, use the dropdown box to select the response that completes the sentence correctly. Knowledge C
morpeh [17]

Answer:

a. is equal to

b. is greater than

c. less than

Explanation:

The difference between variable costing and absorption costing methods is that the overheads are treated differently.  While absorption costing method does not differentiate the fixed manufacturing overheads from the variable manufacturing costs, the variable costing method only accounts for the variable elements of all costs, whether manufacturing cost or not.

7 0
3 years ago
If there are five firms in an industry and the market shares of the firms are 45 percent, 22 percent, 17 percent, 10 percent and
Varvara68 [4.7K]

Answer:

94% and 2934

Explanation:

The computation of the four-firm concentration ratio for this industry is

= (Total four firms market shares in an industry ) ÷ (Total firm market shares in an industry)

= (45% + 22% + 17% + 10%) ÷ (45% + 22% + 17% + 10% + 6%)

= 94% ÷ 100%

= 94%

Now the Herfindahl Index is the sum of square of all firm market share

= 45^2 + 22^2 + 17^2 + 10^2 + 6^2

= 2934

5 0
4 years ago
Candice is planning her activities for a hot summer day. She would like to go to the local swimming pool and see the latest bloc
Debora [2.8K]

Answer:

Option C People face tradeoffs

Explanation:

The reason is that the tradeoff is situation where the wise person value the matter on a set scale and then make a decision to choose the best for the thing that he is ready to sacrifice. In business, it is also called Opportunity cost. You have two options in the scenario, if you go to swimming you can't watch the movie and if you go to movie then you can't enjoy swimming.

Example

When my girlfriend calls me during job timings I have to choose to leave the work or carefully listen to her. If I don't consider the girlfriend call a tradeoff here, I will stay single. So tradeoff are very important.

6 0
4 years ago
Celine Co. will need €500,000 in 90 days to pay for German imports. Today's 90-day forward rate of the euro is $1.07. There is a
harkovskaia [24]

Answer:

$1,000

Explanation:

The computation of the expected value of the real cost of hedging payable is shown below:-

Real cost of hedging 1 = (€500,000 × $1.07 × (90 ÷ 360)) - (€500,000 × $1.02 × (90 ÷ 360))  

= $133,750 - $127,500

= $6,250

Real cost of hedging 2 = (€500,000 × $1.07 × (90 ÷ 360)) - (€500,000 × $1.09 × (90 ÷ 360))

= $133,750 - $136,250

= -$2,500

Expected value of the real cost of hedging payable = (Real cost of hedging 1 × Spot rate Given Percentage) + (Real cost of hedging 2 × Given percentage)

= ($6,250 × 0.40) + (-$2,500 × 0.60)

= $2,500 - $1,500

= $1,000

7 0
3 years ago
Which of the following actions would be the best way to identify one's areas of stregth? a) visit a career fair
Dovator [93]

Answer:

d) Take a self-assessment test.

Explanation:

To determine what one's strengths are, there is no one better than oneself to know them. This is because, an individual knows himself best, more than anyone else.

So, in order to identify the areas of interest of a person, that person can take a self-assessment test that will help him/ her see what are the strengths, the qualities that he possesses, etc. This self-assessment test will help figure out the pros and cons of that person and help determine the strengths he possesses.

Thus, the correct answer is option d.

8 0
3 years ago
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