.3 (100) = moving the decimal to the right 2 times because of the two zero's in '100'
So .3 (100)= 30
Answer:
$12.80
Step-by-step explanation:
Before markup: $8
After markup: $8 x 160% = $12.80
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Have you got your answer yet?
Answer:
8710 units
Step-by-step explanation:
<em>Step 1: Write all the data</em>
Fixed cost: $9000
Average variable cost: 9.3 per unit
Total cost: 90,000
Total units: x
<em>Step 2: Find the total variable cost</em>
Average variable cost is per unit so it has to be multiplied by the number of units to find the total variable cost.
Total variable cost = average variable cost per unit x number of units
Total variable cost = 9.3x
<em>Step 3: Make the formula for finding x</em>
Total cost = total fixed cost + total variable cost
90,000 = 9000 + 9.3x
81000 = 9.3x
x = 8709.67
Rounded off to 8710 units
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