Answer:
amount invest in B is 2000
Explanation:
given data
invested in Fund A = 5000
return profit A = 3%
return profit B = 10%
both together returned profit = 5%
solution
we consider here amount invest in B = x
so profit from fund B is
profit from fund B = 10% × x = 0.1 x
and
profit from fund A = 5000 × 3% = 150
so total profit = 0.1x + 150
and total profit = 5%
so we can say
5% =
solve it we get
x = 2000
so amount invest in B is 2000
Answer:
Cost of goods sold = $960,839
Explanation:
Preparing cost of goods sold budget:
Number of units to be sold = 20,000 - 675 = 19,325
As for the information provided:
Direct Materials = $14 19,325 = $270,550
Direct Labor hours = 1.9 19,325 = 36,717.5
Direct Labor Cost = $16 36,717.5 = $587,480
Variable overhead = $1.20 36,717.5 = $44,061
Fixed overhead = $1.60 36,717.50 = $58,748
Therefore, cost of goods sold = $960,839.
Answer:
Net Revenue = $4,500
Explanation:
Break Even point in units =
Here, provided
Break even point = 1,000 units
Contribution = Selling price - Variable Cost = $10 - $7 = $3
Putting these values in above,
We have,
= Fixed cost = $3,000
now when we sell 2,500 units we have
Revenue = 2,500 $10 = $25,000
Variable Cost = $7 2,500 = $17,500
Fixed cost = $3,000
Net Revenue = $25,000 - $17,500 - $3,000 = $4,500