Answer:
Break-even point for the manual process= 281.11 unit
Explanation:
<em>Break-even point is the level of activity at which a firm must operate such that its total revenue will equal its total costs. At this point, the company makes no profit or loss because the total contribution exactly equals the total fixed costs</em>.
Break even point in units is calculated using this formula:
Break even point in units = Total general fixed cost/ (selling price - Variable cost)
Break-even point for the manual process:
Break-even point in units = $26,380/(99- 5.16) = 281.11 units
Break-even point for the manual process= 281.11 units
The answer is d) purchasing reduced fat lattes during the week
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Real GDP this year using last year as the base year is
B) $700
Explanation:
- Last year, 10th DVDs were sold at $20 each and 5 DVD players were sold at $100 each, while this year 15 DVDs were sold at $10 each and 10 DVD players were sold at $50 each. Real GDP this year using last year as the base year is $700.
- Gross Domestic Product (GDP) is the monetary value of all finished goods and services made in a country during a specific period of time.
- The Gross Domestic Product calculates the real value of economic activity within a country.
- GDP is a number that shows the net worth of the output of a country in local currency.
- It represents the value of all goods and services produced in a specific time period within a country's borders.
- Gross domestic product (GDP) is the total value of everything produced in a country.
