Answer: $92,880
Explanation:
The Gross Profit can be calculated by simply removing the cost from the sales amount.
It is stated that the additional processing will yield 10,000 bags of Premium Green and 3,600 bags of Green Deluxe, which can be sold for $7.55 and $5.55 per bag.
Sales figure is therefore,
= (10,000 * 7.55) + (3,600 * 5.55)
= 75,500 + 19,980
= $95,480
Subtracting the cost to get,
= 95,480 - 2,600
= $92,880
The total gross profit would is $92,880.
The correct answer is: Weight
May the Talos guide you
Answer:
A) The current supply will shift to the left
Explanation:
The supply curve shifts to the left when the total quantity supplied decreases, which results in a price increase at any given quantity.
If everyone expects that the football team will have a great season, the quantity demanded for tickets will increase, which will increase their price. But the suppliers will also hold to their tickets until a day or two before the games to increase expectations and fans' anxieties. That way the price will increase even more, and they will make a higher profit.
Answer:
The options are wrong,find below correct multiple choices:
$605,000
$825,000
$655,000
$150,000
The correct option is $605,000
Explanation:
Explicit costs are costs incurred that require actual cash settlement not costs of alternative forgone as in the case of implicit costs.
There is only example of explicit cost for Harvey Business in the first year of operation,which is the cost of production,packaging,marketing,employee wages and benefits and rent on a building.
In other words,the explicit costs incurred in year one =$55*11,000 units
=$605,000
The correct option is the of those ones provided above.
Answer:
$0
Explanation:
Variance overhead efficiency variance = (Standard hours - Actual hours) * Standard variable overhead rate
= (6,000 hours * $1) - 6,000 hours * $5
= (6,000 hours - 6,000 hours) * $5
= 0 * $5
= $0
Thus, the Variance overhead efficiency variance = $0
