Answer:
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Answer:
The correct answer is $36,000.
Explanation:
According to the scenario, the given data are as follows:
Break even quantity = 6000 units
Selling price = $10 / unit
So, Sales cost = 6,000 × $10 = $60,000
Variable cost = $4 / unit
So, total variable cost = 6,000 × $4 = $24,000
So, we can calculate the fixed cost by using following method:
Fixed cost = Sales cost - Variable cost
By putting the value,
Fixed cost = $60,000 - $24,000
= $36,000.
Hence, the fixed cost is $36,000.
Answer:
True
Explanation:
From recent trends, it has been shown that airlines are cutting down on their engineering crew because most airlines are no longer involved in the designing of new aircraft as it was in the developmental stages of airplanes, what they do now is improving on existing models thus there is no need for a large engineering staff, what is require is just a few aircraft maintenance and repair staff.
Answer:
e. $12,200
Explanation:
In order to calculate the ending cash balance, we must first assess the net increase or net decrease in the balance shown below:
Net Cash flow provided by Operating activities $34,000
Net Cash flow used in Investing activities -$12,400
Net Cash flow used in Financing activities -$15,600
Net increase (decrease) in cash for the year is $6,000
Now the ending balance of cash would be
= Net increase in cash + beginning cash balance
= $6,000 + $6,200
= $12,200
Answer and Explanation:
The calculations are shown below:
1) 4
is choosen because the marginal utility should be less than the marginial cost and if he choose beyong this point, the cost of the drink is more than the willingness to pay
2) The consumer surplus is
= (5 - 1.5) + (4 - 1.5) + (3 - 1.5) + (2 - 1.5)
= 8
3) Total surplus decreases to
= Consumer surplus - external cost
= 8 - 4
= 4
4) Cindy's Consumer surplus is
= (5 - 1.5) + (4 - 1.5) + (3 - 1.5)
= 7.5
5) Increases
6) 8 - 7.5 = 0.5
7) Consumption = 3 bottles
8) Consumer surplus is
= (5 - 2.5) + (4 - 2.5) + (3 - 2.5)
= 4.5
9) External cost = 3 × 1 = 3 bottle
10) Government revenue = 3 × 1 = 3 bottle
11) Total surplus is
= Consumer surplus - external cost + government revenue
= 4.5 - 3 + 3
= 4.5
12) would
13) increases