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Ksju [112]
3 years ago
11

Suppose a pizza parlor has the following production​ costs: ​$4.004.00 in labor per​ pizza, ​$2.002.00 in ingredients per​ pizza

, ​$0.600.60 in electricity per​ pizza, ​$2 comma 5002,500 in restaurant rent per​ month, and ​$400400 in insurance per month. Assume the pizza parlor produces 5 comma 0005,000 pizzas per month. What is the variable cost of production​ (per month)
Business
2 answers:
kotegsom [21]3 years ago
6 0

Answer: If the pizza parlor produces 5000 pizzas a month its total variable costs per month will be

5000*(4.004 + 2.002+0.60060)

33,033 will be the total variable costs.

Explanation:

geniusboy [140]3 years ago
3 0

Answer:

Variable cost for production of 5000 Pizzas in the month is $33,000

Explanation:

The variable elements of the production costs are those that shift or change per quantity of item produced.

Some won't change, they are described as fixed e.g. Rent and Insurance from our present question

Variable Cost of production for the month

Labour - $4 x 5000 Pizzas = $20,000

Ingredients - $2 x 5000 Pizzas = $10,000

Electricity - 0.6 x 5000 Pizzas = $3,000

Total Variable Costs = $33,000

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Which of the following is not a payroll tax deduction?
Wittaler [7]

Answer:

The Correct Answer is B.

Sales tax.

Explanation:

Sales tax is the Tax imposed by the government body during the sale of the goods and services at a retail level.

While payroll tax is the tax which is imposed on the salary of the employees and this tax is imposed by the employer. payroll taxes are directly deducted from the salaries of the employees and directly paid to the internal revenue services by the employer.

8 0
3 years ago
A middle-aged widowed customer has an investment objective of stable income and would also like to receive occasional "extra" in
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Answer: Participating preferred

Explanation:

Participating preferred is a stock which pays specific dividends rate to their customers and also receives additional dividends, this is made known Board of Directors and paid by the company, this meets up with the objectives a customers has for investing and having a stable income. It is so known as performance preferred and it gives the holder the benefit of collecting extra dividends.

6 0
3 years ago
One of the largest changes in the economy over the past several decades is that technological advances have reduced the cost of
umka21 [38]

Explanation:

Over the past several decades, advances in technology, greatly reduced the cost of making computers which resulted in the decline of the equilibrium price of  computers and also resulted in increased equilibrium quantity. The reduction in the computer prices also caused an increase in the consumer surplus.

computer price down -> equilibrium price down

computer price down -> equilibrium quantity up

computer price down -> consumer surplus up

The producer surplus increases due to increase in quantity and at the same time producer surplus decreases due to decrease in price.

computer price down ->  producer surplus down

computer quantity up -> producer surplus up

8 0
3 years ago
Sophia Company purchased equipment costing $120,000. The equipment has a residual value of $20,000 and an estimated useful life
mixer [17]

Answer:

Year 1 : $20000

Year 2 : $460000

Explanation:

Year 1 calculation:

120000-20000/50000*10000 =$20000

Year 2 calculation:

120000-20000/50000*23000=$46000

8 0
3 years ago
Suppose there are 1000 firms in a market and all are identical. Firm A will hire 20 workers when the wage rate is $10, 25 worker
Triss [41]

Answer:

d. the quantity demanded for the market will increase to less than 30,000 workers.

Explanation:

Missing options:

  • a. the quantity demanded for the market will increase to 30,000 workers.
  • b. the quantity demanded for the market will increase to more than 30,000 workers.
  • c. the quantity demanded for the market will increase, but we can't tell which of the above answers is correct.
  • d. the quantity demanded for the market will increase to less than 30,000 workers.

maximum total demand for labor = 30 (at $8) x 1,000 firms = 30,000 workers, but since the equilibrium rate had been $9 for many years, some workers have already been hired at $9, and it is usually very difficult to lower someone's wage once they have been working. Even thought the quantity demanded will increase, it will probably not be able to reach 30,000 workers.

6 0
3 years ago
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