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Alex17521 [72]
3 years ago
10

Gourmet Pets is interested in computing the break-even point for its new product Prime Cuts. The fixed costs of adding this prod

uct to the product line amounts to $20,000. Variable costs to produce one package of Prime Cuts are $2. Prime Cuts will sell for $6 per package. The break-even point would be:
A. 900 units.
B. 2,800 units.
C. 5,000 units.
Business
1 answer:
EleoNora [17]3 years ago
5 0

Answer:

C. 5,000 units

Explanation:

The break-even point is the number of units Gourmet Pets needs to sell to outweigh the fixed costs plus the production costs. Let 'x' be the number of Prime Cuts units sold, the expression that models the balance for Prime Cuts is:

B = -20,000 - 2x +6x

In order to break even, the balance must be equal to or greater than zero:

0 = -20,000 - 2x +6x\\x= \frac{20,000}{4} \\x=5,000

The break-even point would be 5,000 units.

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Give the meaning and important aspects of the process of globalisation.​
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Answer:

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1.Dissemination of knowledge.

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3.Capital and investment movement

4.Trade and transctions.

Explanation:

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6 0
2 years ago
After identifying various market segments that her company could pursue, Linda evaluated each segment's attractiveness based on
sashaice [31]

Answer:

Market Targeting

Explanation:

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8 0
3 years ago
Consider luxury weekend hotel packages in Las Vegas. When the price is $250, the quantity demanded is 2,000packages per week. Wh
konstantin123 [22]

Answer:

The elasticity is about 1.43, and an increase in the price will cause hotels' total revenue to decrease

Explanation:

The formula of the midpoint for the variation of the quantity is  \frac{Q2-Q1}{(Q2+Q1)/2} *100 and for the price is \frac{P2-P1}{(P2+P1)/2} *100. With the variation of the price and the quantity the elasticity formula is ΔQ/ΔP. Replacing the elasticity is -1.43

The price elasticity of the demand is bigger than 1, that means that the demand is elastic, every increase of the price will cause a bigger decrease of the quantity, the revenue will drop because the increase of the price do not compansete the decrease of the quantity.

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3 years ago
(for a job ). Everybody makes sexual remarks now and then.
Nonamiya [84]

Answer:

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5 0
2 years ago
Read 2 more answers
Last year there was no change in either the raw materials or the work in process beginning and ending inventories. However, fini
dsp73

Answer:

d. $625,000

Explanation:

cost of goods available for sale = cost of goods manufactured during the current period + finished goods inventory at the beginning of the period

  • cost of goods manufactured during the current period = $600,000
  • finished goods inventory at the beginning of the period = $25,000

cost of goods available for sale = $600,000 + $25,000 = $625,000

cost of goods sold = cost of goods available for sale - ending inventory = $625,000 - $40,000 = $585,000

7 0
2 years ago
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