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
goldfiish [28.3K]
3 years ago
14

The Ivring Berlin Learning Center would like a possible net profit of $650,000 on its new resource manual it sells to schools. T

he fixed costs for producing the manual are $780,000 and the variable cost per package is $19.85. If the estimated unit sales are 1,250,000 units, what selling price unit should the Ivring Berlin Learning Center try?
Mathematics
1 answer:
vazorg [7]3 years ago
3 0

Answer:

Selling price should be $21 per unit.

Step-by-step explanation:

Cost price of manual = Fixed price + variable cost per package×Number of units sold

= 780000+19.85×1250000 = $25592500

Now we know Learning center wants a profit = $650000

Then profit = sale price - cost price

650000=sale price - 25592500

Sale price = 650000+25592500 = $26242500

This is the sale price of 1250000 units then selling price per unit should be = Total selling price/Number of units sold

= $26242500/1250000 =20.994 or $21

Selling price should be $21 per unit.

You might be interested in
Another payment type enabled by smartphones is person-to-person payments, which are apps that allow people to send money electro
Galina-37 [17]

Answer and Step-by-step explanation:

Person to person payment is an online technology that allows customers to transfer their money and funds from their account to another account through mobile phones. A p2p app allows one user to send money to another user by using an app or website—transaction including anything from paying a dinner bill, rent, or contributing to charity.

The increased obtaining of online banking, mobile banking, and e-commerce by users has paved the way for greater use of person-to-person payments. In the payment markets sending money between smartphones has become an ordinary matter. According to Billtrust, young adults are using a person to person payment more than two generations.

Nearly half of smartphone owners regularly used p2p payment apps. Most people used p2p payment app because it offers better security or most of their peers use it.

Millennials have often led older Americans in their adoption and use of technology. More than 93% millennial (who turns ages 23 to 38 this year) have their smartphones. Similarly, the vast majority of millennials use social media, compared with smaller shares among old generations.

3 0
3 years ago
Based on 2017 sales, the six top-selling compact cars are the Honda Civic, Toyota Corolla, Nissan Sentra, Hyundai Elantra, Chevr
fgiga [73]

Answer:

Pvalue = 0.020335

X² = 14.99

CONCLUSION: THERE IS DIFFERENCE IN MARKET SHARES

Step-by-step explanation:

H0 : there is no difference in market shares

H1: there is difference in market shares

Chisquare (X²) = (observed - Expected)²/ expected

Honda Civic - 0.20 * 400 = 80 : (98-80)^2 /80 = 4.05

Toyota Corolla - 0.17 * 400 = 68 : (72-68)²/68 = 0.235

Nissan Sentra - 0.12 * 400 = 48 : (54-48)²/48 = 0.75

Hyundai Elantra - 0.10 *400 = 40 : (44-40)²/40 = 0.4

Chevrolet Cruze - 0.10 * 400 = 40 : (42-40)²/40 = 0.1

Ford Focus - 0.08 * 400 = 32 : (25-32)²/32 = 1.531

Others - 0.23 * 400 = 92 : (65-92)²/92 = 7.924

X² = (4.05+0.235+0.75+0.4+0.1+1.531+7.924) = 14.99

The obtain the Pvalue ;

We use the Pvalue from Chisquare calculator :

Pvalue(14.99, 0.05, df= 6) = 0.020335

Decision region :

Reject H0 ; if Pvalue < α

THERE IS DIFFERENCE IN MARKET SHARES

Market share differences:

* 98/400 = 0.245,

0.245-0.20 = 0.045

* 72/400 = 0.18,

0.18 - 0.17 = 0.01

* 54/400 = 0.135,

0.135 - 0.12 = 0.015

* 44/400 = 0.11,

0.11 - 0.10 = 0.01

* 42/400 = 0.105

0.105 - 0.10 = 0.005

* 25/400 = 0.0625

0.0625-0.08 = -0.0175

* 65/400 = 0.1625

0.1625 - 0.23 = -0.0675

5 0
3 years ago
Find each percent is 10 of 75<br> what is 1 percent of 75
Aloiza [94]

Answer: 7.5

Step-by-step explanation: i hope this helps have a nice day god bless

6 0
3 years ago
1. Marcus can type 40 words in half a minute. Rhys can type 100 words in one and a half minutes. Which student can type at a gre
Bingel [31]
If Marcus can type 40 words in half a minute, then 40 times 2 equals 80. 80 words a minute for Marcus. If Rhys can type 100 words in 1 1/2 minute, 100/ 1.5 = 66.66 and 80>66.66 so Marcus can type a greater rate of words per minute.
5 0
3 years ago
Please help asap, will mark brainliest. Thank you
givi [52]
The answer is ccccccccccccc
5 0
3 years ago
Read 2 more answers
Other questions:
  • What is a comparison as a rate in ratio form 70 students per 2 teachers​
    10·1 answer
  • Mutually exclusive means that two sets of numbers have no numbers in common. Name two subsets of real numbers that are mutually
    5·1 answer
  • Which equation has the solution x=4?
    9·2 answers
  • A charity collected $40 for each mile Carlos ran in a race. If the charity received $400, which equation could you use to find o
    8·1 answer
  • What fraction of £3.00 is 50p
    12·2 answers
  • Mary split her gross pay from last week equally between her student loans, rent, and savings. She put $450 in her savings accoun
    9·1 answer
  • Pls help me ASAP plssss!!!
    12·1 answer
  • Simplify the following expression.
    9·2 answers
  • Can someone help me pls
    9·1 answer
  • Im so confused can anyone help
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!