1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Romashka [77]
3 years ago
14

K-Too Everwear corporation can manufacture mountain climbing shoes for $35.85 per pair in variable raw material costs and $26.45

per pair in variable labor expense. The shoes sell for $165 per pair. Last year, production was 145,000 pairs. Fixed costs were $1,750,000. What were total production costs?
Business
1 answer:
Bingel [31]3 years ago
7 0

Answer:

$10,783,500

Explanation:

For determining the total production costs first we need to find out the variable cost per unit which is shown below:-

Variable cost per pair = Variable raw material cost per pair + Variable labor expense per pair

= $35.85 + $26.45

= $62.30

Total production costs = Variable cost per pair × Number of pairs produced + Fixed costs

= $62.30 × 145,000 + $1,750,000

= $9033500 + $1,750,000

= $10,783,500

You might be interested in
Making a profit by lending money is ____________.<br> a. capital<br> c. usury<br> b. barter
borishaifa [10]
Making a profit by lending money is usury, and the person who is doing it is called a usurer. 
4 0
3 years ago
Read 2 more answers
Projects are also often embedded with different options that can help making decisions under uncertainty. There are techniques u
svp [43]

Answer:

a. True

Explanation:

The real option should be used in the decision that made for the capital investment in order to rise the worth of the project. So it rise the capital investment value for the project. Also a real option in a capital asset provides the right to the investing firm but not the liability to purchase or sell or transform the asset at a fixed price

Therefore the given statement is true

4 0
3 years ago
A company is considering investing in a new machine that requires an initial investment of $43,158. The machine will generate an
Kobotan [32]

$9.001% is the  internal rate of return of this machine. as the initial investment of $43,158.

<h3>What is internal rate of return?</h3>

The internal rate of return is the cost of borrowing at which the aggregate of all cash flows equals zero, and it is being used to analyze one investment to another.

If the person change 8% with 13.92% in the given example, the NPV becomes 0, and the IRR becomes zero. As a result, IRR is defined as the discount rate at which a project's net present value becomes zero.

Thus, $9.001% is the internal rate of return.

For more information about internal rate of return, click here:

brainly.com/question/13016230

#SPJ1

5 0
1 year ago
The pre-tax cost of debt for a firm: is based on the yield to maturity on the firm's outstanding bonds. is equal to the coupon r
Molodets [167]

Answer:im sorry i dont know

Explanation:

8 0
3 years ago
Dumphy and Funke are rival tattoo artists in the small town of Feline. There are no other tattoo artists in town. It costs $30 t
inysia [295]

Answer:

<u>Part a:  What will be the equilabrium price that Dumphy and Funke will charge?</u>

Answer: Price charged = $30

<u>Part b: What are the profits for Dumphy and Funke at the equilibrium price?</u>

Answer: Profit on equilibrium price = $0

<u>Part c: What type of competition would Funke and Dumphy likely engage in after the decrease in demand?</u>

Answer: Price competition

Explanation:

<u>Part a:  What will be the equilabrium price that Dumphy and Funke will charge?</u>

Answer:

Price charged by each of the artists will be equal to their marginal cost.

Thus, equilibrium P = MC = $30.

<u>Part b: What are the profits for Dumphy and Funke at the equilibrium price?</u>

Answer:

Equilibrium profits will be 0 at the equilibrium because price charged is equal to MC, leading to no profits.

<u>Part c: What type of competition would Funke and Dumphy likely engage in after the decrease in demand?</u>

Answer:

Price competition - as changes in price will lead to changes in demand and thus sales

5 0
3 years ago
Other questions:
  • The last in line for the payment of profits are the:_______ a) boundholders b) common stockholders c) preferred stockholders d)
    10·1 answer
  • Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Queensland New South
    8·1 answer
  • In 2019, Jose paid the following amounts for his son to attend Big State University: Tuition $15,000 Room and board 10,500 Books
    15·1 answer
  • Which of the following is a good internal control mechanism for cash disbursements? Multiple Choice Maximum purchase limits set
    9·1 answer
  • On January 8, the end of the first weekly pay period of the year, Regis Company's payroll register showed that its employees ear
    9·1 answer
  • Which of the following is a set of possible pay rates defined by a minimum, maximum, and midpoint of pay for employees holding a
    13·1 answer
  • A registered representative is notified verbally by the nephew of a client that his uncle has passed away. Which statements are
    5·2 answers
  • Which of these is a characteristic of a pure command economy?
    10·1 answer
  • Heidee Corp. and Leaudy Corp. have identical assets, sales, interest rates paid on their debt, tax rates, and EBIT. However, Hei
    12·1 answer
  • Notary Signing Agent with nearly 10 years experience has reviewed and is completely familiar with all the documents in a loan pa
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!