1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sladkaya [172]
3 years ago
10

Delish Foods sells jars of special spices used in Italian cooking. The variable cost is $2 per unit. Fixed costs are $9,000,000

per year. It has $42,000,000 of average assets, and the desired profit is a 5% return on assets. Delish Foods sells 5,000,000 units per year. The company uses cost-plus pricing because it is the only company that produces this kind of product. Using cost-plus pricing methodology, determine the sales price per unit. (Round your answer to the nearest cent.) Select one: O A. $3.80 B. $2.40 O C. $2.00 D. $4.22
Business
1 answer:
Ymorist [56]3 years ago
8 0

Answer:

$3.38 per unit

Explanation:

Total costs:

= Total fixed cost + Total variable cost

= $9,000,000 + (5,000,000 units × $2 per unit)

= $9,000,000 + $10,000,000

= $19,000,000

Target revenue:

= Total costs - Desired profit

= $19,000,000 - ($42,000,000 × 5%)

= $19,000,000 - $2,100,000

= $16,900,000

Sales price per unit = Target revenue ÷ Total units

                                = $16,900,000 ÷ 5,000,000

                                = $3.38 per unit

You might be interested in
Who Done It Mystery Theater sells tickets for dinner and a show for $ 40 each. The cost of providing dinner is $ 22 per ticket a
Readme [11.4K]

Answer:

$18

Explanation:

The contribution margin per patron is the ratio of the total contribution to the number of patrons. The total contribution is the difference between the total sales and the total variable cost.

Hence, the contribution per matron may also be derived as the difference between the sales per patron and the variable cost per patron.

The variable cost here is the cost of providing dinner per ticket as such,

Contribution margin per patron

= $40 - $22

= $18

6 0
3 years ago
How does supply and demand factor into ticket prices
sdas [7]
Tickets are things you use to go into theme parks
8 0
3 years ago
Business fluctuations are systematic increases and decreases in real GDP. Please select the best answer from the choices provide
BlackZzzverrR [31]
From the subject of economics, specifically macroeconomics,  it says that the statement above is false. <span>Business cycles, not business fluctuations, are systematic increases and decreases in real GDP. Business fluctuations are called unsystematic changes. </span>
5 0
3 years ago
Read 2 more answers
If you wanted to add up the total economic assets owned by a person or family minus all debts, you would be measuring __________
irga5000 [103]

If you wanted to add up the total economic assets owned by a person or family minus all debts, you would be measuring wealth. Wealth is the total value of all valuable assets owned by an individual, community, business, or country. Wealth is calculated by deducting all debts from the total market value of all physical and intangible assets owned.

Wealth is the total value of all valuable assets owned by an individual, community, business, or country. Wealth is calculated by deducting all debts from the total market value of all physical and intangible assets owned. Wealth is essentially the accumulation of scarce resources.

To learn more about Wealth, click here.

brainly.com/question/17011735

#SPJ4

8 0
1 year ago
"The best business portfolio is the one that ________.
diamong [38]

Answer:

The correct answer is option B,the business portfolio is the one that best fits the company's strengths and weaknesses to opportunities in the environment.

Explanation:

SWOT analysis is a performance appraisal technique that is used in analyzing organization based on its strengths and weaknesses (in internal environment) as a means to exploring opportunities and reducing threats from external environment.

The best a company can offer its customers in terms of products and services is that combination that maximizes it strengths and opportunities while also minimizing its weaknesses and threats.

8 0
3 years ago
Other questions:
  • Partner Industries sells a single product for $50 that has a variable cost of $30. Fixed costs amount to $15 per unit when antic
    15·2 answers
  • Midwest Corporation has provided the following data concerning manufacturing overhead for 2020:
    13·1 answer
  • How can you control your nervousness and make it work for you in your speeches?
    11·1 answer
  • You are aware that another coworker is having severe financial problems. she is a single parent and you saw her take some suppli
    7·2 answers
  • The Treasury bill rate is 4% and the market risk premium is 7%. Project Beta Internal Rate of Return, % P 0.85 18 Q 0.00 14 R 2.
    6·1 answer
  • POSSIBLE POINTS:
    13·1 answer
  • If you burn garbage in your backyard and the smoke damages a neighbor's house,the damage is considered an externality.The extern
    9·1 answer
  • Jennings Co. has total assets of $433.0 million. Its total liabilities are $114.5 million. Its equity is $318 million. Calculate
    14·1 answer
  • A rectangular floor measures $a$ feet by $b$ feet, where $a$ and $b$ are positive integers with $b &gt; a$. An artist paints a r
    6·1 answer
  • Where should you explain the factors that led you to submit an unsolicited proposal, such as conversations with members of the r
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!