The minimum sales required by Jennifer to meet her savings goal must be $26.25 per hour or $2100 for September.
Given that,
Savings desired = $1500
Monthly expenses = $600
Let money earned by her every hour be ![x](https://tex.z-dn.net/?f=x)
No. of scheduled work hours
![80](https://tex.z-dn.net/?f=80)
So,
Total money earned for the month
× ![x](https://tex.z-dn.net/?f=x)
![= 80x](https://tex.z-dn.net/?f=%3D%2080x)
As we know,
Money left = Total money earned - expenses
-
...(i)
A.T.Q.
Money left must be = $1500
Then, by putting the variables in equation (i), we get
![80x - 600 = 1500](https://tex.z-dn.net/?f=80x%20-%20600%20%3D%201500)
Now, solving for ![x](https://tex.z-dn.net/?f=x)
![80x - 600 = 1500](https://tex.z-dn.net/?f=80x%20-%20600%20%3D%201500)
![+600 = + 600](https://tex.z-dn.net/?f=%2B600%20%3D%20%2B%20600)
_______________
![80x = 2100](https://tex.z-dn.net/?f=80x%20%3D%202100)
![x = 2100/80](https://tex.z-dn.net/?f=x%20%3D%202100%2F80)
∵ ![x = 26.25](https://tex.z-dn.net/?f=x%20%3D%2026.25)
Thus, the required sales are $
per hour or (
×
= $2100) for the month of September.
Learn more about 'savings' here:
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What's your question I don't understand
Answer:
D) It helps managers exercise control after the product has been created and is ready for marketing.
Explanation:
Break-even point is the point where the total cost matches the total revenue,it is helpful to managers in order to control the business,it helps them to know when to implement certain changes or favorable incentives for improved sales and overall revenue.
It is calculated by dividing the total fixed cost/total revenue for one unit minus the variable cost for one unit.
It helps managers to control the profit margins in a given product,and also know the impact of changes to total revenue or profit when a process is Automated.
Answer: Environmental partnerships.
Explanation:
It is important to understand that for most and all business to thrive there have to be an enabling environment for that to happen. Environment play a key or major role to the growth of any business and as such most business pay keen attention to their environment and do every means to ensure it is vulnerable for them to operate well. The partnership between organizations and seeking a operational environment to do their business is known as environmental partnership.