Answer:
The answer is $35500
Explanation:
We need to collect $710 from the sales of the customers referred by us to cover the franchise fee. But we only make 2% of whatever they spend. If we equate 710 to 2% and solve for 100% we will know what is the total dollar amount they need to spend:
1. This can be solved using a rule of three:
2% = $710
100% = ?
100 * 710 / 2 = 35500
2. Or, It can also be solved writing it down as an equation and knowing that 2% also means 2 parts of 100 or 2/100 = .02
Solve for Sales:
There is no need to round to the nearest whole dollar because the result is already in whole dollars, it does not have any cents.
Answer:
B) $5,000
Explanation:
Cypress total bill is $1,000,000. Since a foreign bank is going to provide them a service (the acceptance of payment) it will charge them 1.4% per year or 0.7% for thee six month period.
That means that Cypress will collect $1,000,000 x (1 - 0.7%) = $993,000
If Cypress decides to sell the bankers acceptance at a 1% annual fee, he will lose an additional 0.5% for the 6 month period = $930,000 x 0.5% = $4,965. Apparently we have to round to the nearest thousand ≈ $5,000
Answer and Explanation:
a. The computation of operating profit is shown below:-
Profit per unit = Purchase price from outside per unit + variable cost of production internally
= $15 - $7
= $8
Total increment in operating profit = Profit per unit × Total number of units
= $8 × 24,000
= $192,000
b. Minimum transfer price = Variable cost = $7 (because polk has overcapacity and there is no change in fixed cost and polk minimum has to recover its variable production cost)
c. Maximum transfer price = purchase cost from outside supplier = $15 (because if the internal transfer piece is more than $15 Bishop will lose so he prefers to buy from outside and the company as a whole will lose $192,000 in incremental operating profit
The break-even for your food truck business is $37,500.
Breakeven quantity are the number of units produced and sold at which net income is zero
Breakeven quantity = fixed cost / price – variable cost per unit
Fixed cost is the cost that does not change with the unit of output. It remains constant regardless of the units of output produced.
Fixed cost of the business = $100,000 + $50,000 = $150,000
Variable cost is cost that varies with the units of output produced. Example are wages and cost of raw materials.
Variable cost of the business = $6.
Break-even = $150,000 / ($10 - $6) = 37,500
A similar question was answered here: brainly.com/question/3254072
