Answer:
Break-even points = 265.38
Explanation:
Given:
Fixed cost = $3,450
Variable costs = $12
Selling price = $25
Number of balls sold = 300
Find:
Break even costs
Computation:
Contribution per unit = Sales - Variable costs
Contribution per unit = $25- $12
Contribution per unit = $13
Break-even points = Fixed cost / Contribution per unit
Break-even points = $3,450 /$13
Break-even points = 265.38
Answer:
$93
Explanation:
Social security tax is a constant figure of 6.2% for each paycheck.
Tate's annual pay is $36,000. If she is paid twice per month, it means she has 24 paychecks. ( 12 months x 2 payments).
For each payment, she receives, $36,000 divide by 24 paychecks
=$36,000 /24
=$1500
Amount withheld for each paycheck is
=6.2% of $1500
=6.2/100 x 1500
=0.062 X 1500
=$93
Answer: $23571
Explanation:
For this question, we have to calculate the present value of $27,000 with the given rate and the time that have already been given in the question to know the worth tiday. This will then be:
= $27,000 x PVIF (7%, 2)
= $27,000 x 0.873
= $23,571
Answer and Explanation:
Rented-Goods Services are represented by retailom where consumers can own a good, or use a service for a specified time. As an example of this, we can mention hotel rooms, ski clothes, cars, houses, among others.
Nongoods Services are also represented by retail, but it presents personal services, where consumers can try them, judge them and then decide if they want to own them.
Answer: If the United States eliminates its import quotas on Costa Rican sugar, <em><u>consumer surplus for American consumers of sugar products will rise.</u></em>
Here, the United States has finally decided to eliminates its import quotas on Costa Rican sugar. This will further allow the producer in Costa Rica to export more quantity of this commodity.