Answer:
If volume reaches 500 units, net income will be: $715
Explanation:
When volume of sales was at 400 units:
Selling price per unit = Sales Revenue/400 = $1,600/400 = $4
Variable Cost per unit = Variable Cost/400 = $700/400 = $1.75
If volume reaches 500 units:
Total Sales Revenue = $4 x 500 = $2,000
Variable Cost = $1.75 x 500 = $875
Fixed Cost will not change = $410
Net income = Total Sales Revenue - Variable Cost - Fixed Cost = $2,000 - $875 - $410 = $715
To my knowledge I’m clarifying it’s James Charles
The total amount of output produced with a given amount of resources is known as the total product.
<h3>What is the output?</h3>
Output refers to something received from the manufacturing and production of raw materials by optimum utilization of resources. When we utilise raw materials in the manufacturing unit, the product we receive is refers as output.
The resources of a business include machines, types of equipment, raw materials, and manpower when these resources are combined together then, the output is received in the form of a total product.
Learn more about resources, here:
brainly.com/question/18448459
#SPJ1
Number of shorts sold=xnumber of Jeans sold =y 100 items were sold x +y=100 eq 1x=100-y The shorts sold for $15 each, and the jeans sold for $28 per pair.Sales of denim shorts and denim jeans for May totaled $1,955. 15x+28y=1955 eq 2
substitute the value of x in second equation 15(100-y) +28y=1955 1500-15y+28y=1955 13y=455 y=35 x=100-35=65 Number of shorts sold=x=65
number of Jeans sold =y=35
