All categories

3 years ago

________ is what is left after a firm pays its variable costs and fixed costs

Business

1 answer:

jek_recluse [69]3 years ago

5 0

Profit is what is left after a firm plays its variable costs and fixed costs.

You might be interested in

What is the opportunity cost of producing more shoes?

jeka94

Produce less watermelon

6 0

2 years ago

Rios Corporation reports costs for the year as follows: Direct Materials Used $ 795 comma 000 Wages to Line Workers 270 comma 0

Pavlova-9 [17]

Answer:

$1,490,000

Explanation:

Given that,

Direct Material used = $795,000

Wages to Line workers = $270,000

Indirect Materials used = $425,000

Total product cost for the year:

Direct Material used + Wages to Line workers + Indirect Materials used

= $795,000 + $270,000 + $425,000

= $1,490,000

Therefore, the total product costs for the year is $1,490,000.

5 0

3 years ago

The corporate charter of Luney Corporation allows the issuance of a maximum of 100,000 shares of common stock. During its first

kakasveta [241]

Answer:

Luney Corporation is authorized to sell 100000 shares

luney has issued = 70000 shares

luney has shares outstanding 63000

Explanation:

given data

maximum shares of common stock = 100,000

sold shares = 70,000

reacquired = 7,000

solution

we know here 100000 shares are mention in charter of the company

so Luney Corporation is authorized to sell 100000 shares

and luney has issued = 70000 shares

so here

we know that

luney has shares outstanding = 70000 - 7000

luney has shares outstanding 63000

7 0

3 years ago

Animated comedy show, American Family, is being broadcast in Houston. A potential advertiser wants to know how popular the show

ZanzabumX [31]

Answer:

The options are given below:

A. 4.3

B. 20

C. 23

D. 46

The answer is C. 23

Explanation:

In order to calculate this, we would need the following:

- Total number of people watching television in Houston households.

- Total number of people watch the show American Family in Houston households.

From the question above, we have:

- Number of households with televisions = 3,300,000

- Number of households watching the show= 759,000.

To calculate the rating, we have:

(759,000/3,300,000) X 100

0.23 X 100

= 23

7 0

3 years ago

At Medallion Industries, variable cost per unit is budgeted to be $8.00 and fixed cost per unit is budgeted to be $5.00 in a per

natka813 [3]

Answer:

Total cost= $60,800

Explanation:

Giving the following information:

For 4,000 units:

Unitary variable cost= $8

Unitary fixed cost= $5

First, we need to calculate the total fixed cost:

Total fixed cost= 5*4,000= $20,000

Now, we can determine the total cost for 5,100 units:

Total cost= 5,100*8 + 20,000

Total cost= $60,800

6 0

2 years ago