Answer:Please refer to the explanation section
Explanation:
the question is incomplete the question does not specify how much profit is required, we will modify the question and add a $20000 as a required profit level, the new modified version of the question is "how many of the new beverage containers must be sold each month to make a monthly profit of $20000?"
existing production Plant (16000)
Variable costs = $1.25
fixed costs = $14400
selling price $3
Profit from 16000 units = (16000 x 3) - $14400 - (16000 x 1.25)
Profit from 16000 units = 48000 - 14400 - 20000 = 13600
Profits from first Plant = $13600
Profits from production facility must be $6400 ($20000 - $13600).
Let the number of new units of beverages be x
new fixed cost = $1000
new variable costs = 1.40
3X - (1000 + 1.40X) = 6400
3X -1000 - 1.6X = 6400
1.6X = 6400 + 1000
X = 7400/1.6 = 4750
4750 New units must be sold to make a profit of $2000. total units 16000 + 4750 = 20750 units
Answer:
Inventors create new products.
Explanation:
An inventor is someone who is focused almost solely on creating and building a product, process, or service that can solve the problems that someone might have. They strive to perform cutting edge research that's essentially never been done before.
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
The bank reconciliation statement is as shown below:
Amount in $
Balance per bank statement 33,650.00
Deposit in transit 9,150.00
Outstanding check (17,865.00)
Bank charges 80.00
Note collected (6,095.00)
Returned check (540.00)
Check drawn <u> (630.00)
</u>
Book balance <u> 17,750.00</u><u> </u>
Explanation:
Deposit in transit has been recorded in the books, thus the addition to the bank balance. Bank charges have been deducted from the bank balance but not in the cash book hence it is added back. Note collected is yet to be recognized in the books hence the deduction from the bank balance.
Amount recorded from the check returned is more than the actual by $540 hence the deduction. The check drawn has been over charged by the bank to the tune of $630 hence the deduction.
