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3 years ago

Table 1 contains information about a small business for one month. The business

Business

2 answers:

alexira [117]3 years ago

8 0

Answer:

Profit during month = £22,200

Explanation:

Given:

Number of unit sold = 270

Fixed costs = £2,100

Variable costs (per unit) = £110

Sales price (per unit) = £200

Find:

Profit during month

Computation:

Total sales value = Number of unit sold x Sales price (per unit)

Total sales value = 270 x £200

Total sales value = £54,000

Total Variable costs value = Number of unit sold x Variable costs (per unit)

Total Variable costs value = 270 x £110

Total Variable costs value = £29,700

Profit during month = Total sales value - Total fixed cost - Total Variable costs value

Profit during month = £54,000 - £2,100 - £29,700

Profit during month = £22,200

8090 [49]3 years ago

7 0

Answer:

workings. Number of units sold: 240. Fixed costs: £1 100. Variable costs per unit: 45 pence. (2) ... You are advised to show your workings. (2). (Total for question = 2 marks). Q6 ... Table 1 contains information about a small business for one month. ... Using the information in Table 1, calculate the profit for this business. You ...

Explanation:

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3 years ago

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Answer:

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Answer:

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3 years ago

Data below for the year ended December 31, 2018, relates to Houdini Inc. Houdini started business January 1, 2018, and uses the

seropon [69]

Answer: 63.6%

Explanation:

Given that,

Cost:

Beginning inventory = $ 66,000

Net purchases = $280,000

Total of cost = Beginning inventory + Net purchases

= $66,000 + $280,000

= $346,000

Retail:

Beginning inventory = $104,000

Net purchases = $420,000

Net markups = $20,000

Total of Retail = Beginning inventory + Net purchases + Net markups

= $104,000 + $420,000 + $20,000

= $544,000

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= $\frac{346,000}{544,000}\times100$

= 63.6%

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3 years ago