Answer:
Proposal A: $185,714.29
Proposal B: $160,000
Explanation:
Giving the following information:
$10,000 for installations to be completed.
The revenue generated by each unit is $ 20.00
Proposal A:
Fixed costs= 55,000
The variable cost is $13.00
Proposal B:
Fixed costs= 70,000
The variable cost is $10.00
Break-even point (dollars)= fixed costs/ contribution margin ratio
Proposal A: (55,000+10,000)/[(20-13)/20]= $185,714.29
Proposal B: (70,000 + 10,000)/[(20-10)/20]= $160,000
Answer:
Cost of goods sold= $133
Explanation:
Giving the following information:
A company uses a periodic inventory system. On August 1, the company had 6 items of beginning inventory with a cost of $7 per unit. On August 3, the company purchased 16 units at $14 per unit. Then, on August 5, the company sold 12 units. The 12 units sold consisted of 7 units from the August 3rd purchase and 5 units from the August 1st beginning inventory.
Cost of goods sold= 7*14 + 5*7= $133
Answer:
A equal balance of economic power among buyers and sellers.
Explanation:
For a market to operate smoothly the operational requirement required include:
1. Social Institutions of trust
2. Money as a medium of exchange
3. Individualist institutions related to private and decision making.
When a market is operating smoothly it means that the financial safety net and settlement system works efficiently. Traders can operate seamlessly without delays in payments.
The option that is not a requirement for smooth operation of the market is - equal balance of economic power among buyers and sellers.
Hello!!
The metal coins are/were made from is worth more tangibly than the paper that currency notes were written on.
Hope this helps! Thank you!!
Answer:
A. Producers raise prices to continue to make a profit.
Explanation:
