Answer:
6 is the answer
Step-by-step explanation:
probably won't help but stay safe :)
Answer:
none of them are true, but if you could re copy and paste and delete all of the spaces, I can make 100% sure because I could've did something wrong with it looking like this.
24.8/ 102= 0.243
34.65/ 1,000= 0.03465
193.5/100= 1.935
6.24/10= 0.624
160.4/ 102= 1.5725
these are the equations in the problem with their actual answers, none of them match the ones provided
Step-by-step explanation:
Answer is C I hope it helps
Get the gross margin percentage of cost and multiply it to the new unit cost to get maintain the same gross margin percentage of cost.
Units Selling Price : 2.50
Unit Cost - <u>1.00</u>
Profit Margin : 1.50
Gross profit margin % on sales: 1.50 / 2.50 = 0.60 x 100% = 60%
Gross profit margin % on cost : 1.50 / 1.00 = 1.50 x 100% = 150%
If the cost increase by $0.25
Unit cost : 1.00 + 0.25 = 1.25
1.25 * 150% = 1.875 gross margin.
Gross margin + Unit Cost = Unit Price
1.875 + 1.25 = 3.125
Gross margin % on sales : 1.875 / 3.125 = 0.60 x 100% = 60%
Gross margin % on cost : 1.875 / 1.25 = 1.50 x 100% = 150%
Calder would have to work 10 hours to equal the same amount Mika has from 9 hours of work
Here's how:
Since Mika works 9 hours and she gets 25 per 3 hours, to get her amount for 9 hours, you times 25 by 3 which is 75
Now you need to set up a equation
To make it easier. you can divide 15 by 2, which is 7.5, to get a unit rate
After that you can set up your equation
7.5x=75
x=10
Hope this helps:)
