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
damaskus [11]
2 years ago
9

Assume that a company sells customized sweatshirts for $15 per unit. It pays a sales commission of $5 per unit sold. The company

must buy sweatshirts from its supplier in batches of 100 units at an average unit cost of $7 per sweatshirt. The number of sweatshirts the company would need to sell to earn a target profit of $1,710 is closest to:
Business
1 answer:
Annette [7]2 years ago
5 0

Answer:

The  The number of sweatshirts the company would need to sell to earn a target profit of $1,710 is closest to <u>570</u> sweatshirts.

Explanation:

This can be calculated as follows:

Selling price per unit = $15

Total cost price per unit = Average unit cost + Sales commission per unit = $7 + $5 = $12

Profit per unit = Selling price per unit - Total cost price per unit = $15 - $12 = $3

Target profit = $1,710

Number of sweatshirts to sell to earn a target profit = Target profit / Profit per unit = $1,710 / 3 = 570

You might be interested in
Beranek Corp has $695,000 of assets (which equal total invested capital), and it uses no debt - it is financed only with common
lesya692 [45]

Answer:

$278,000

Explanation:

Data provided:

Total invested capital or assets = $695,000

Total debt to total capital ratio = 40%

now,

\frac{\textup{Total debt}}{\textup{Total capital}} = \frac{\textup{40}}{\textup{100}}

or

Total debt = 0.4 × Total capital

or

Total debt = 0.4 × $695,000

or

Total debt = $278,000

Hence,

The firm must borrow $278,000 to achieve the desired ratio

3 0
2 years ago
In reviewing the agreement between AdCreate and Anchor Motors, Jacob Stein found that sales ofAnchor rose 2.8% compared to the p
kakasveta [241]

Answer:

AdCreate billed Anchor Motors $529,412 for the third quarter in 2010

Explanation:

The advertizing company usually takes a 15% commision

Which means from the total amount billed to customer 15% ar commision which means:

money paid to media + 15% comission of the billed amount= total amount billed

450,000 + 0.15X = X

Now, we try to solve for X and get the amount billed to anchor motors.

X = 450,000/.85 =<em> 529.411,76</em>

8 0
3 years ago
Which of the following statements is accurate?A. Firms that engage in ethical practices are always socially responsible. B. To a
vesna_86 [32]

Answer:

(C) Socially responsible firms automatically engage in ethical practices.

Explanation:

Social responsibility is an ethical theory, in which individuals are accountable for fulfilling their civic duty; the actions of an individual must benefit the whole of society. Examples of social responsibility marketing strategies includes: recyclable packaging, promotions that spread awareness of societal issues and problems, and directing portions of profits toward charitable groups or efforts.

6 0
3 years ago
Companies like hewlett-packard and frito-lay routinely monitor blogs to gain insight into
elena-s [515]

customer complaints and suggestions

5 0
3 years ago
Consider the two countries of Swala and Atlantis. Swala is a major producer of wheat and rice while Atlantis specializes in the
Ivenika [448]
I think the answer is C
7 0
2 years ago
Other questions:
  • Are there direct variables that have no effect on business' competitive position
    11·1 answer
  • Difference between horticulture and floriculture
    14·2 answers
  • Causes of child labor
    6·2 answers
  • What is the use of collateral?
    9·1 answer
  • Some markets have many buyers and sellers but fall into the category of monopolistic competition rather than perfect competition
    5·1 answer
  • Jobs in the skilled labor category require what?
    14·1 answer
  • Cash $207,200 Salaries and wages expense (sales) $318,080 Inventory 599,200 Salaries and wages expense (office) 387,520 Sales re
    15·1 answer
  • when creating content for an audience that may be visually impaired to a point be sure to choose_____?
    15·1 answer
  • The following lots of Commodity D were available for sale during the year. Use this information to answer the questions that fol
    9·1 answer
  • An acre lot was purchased for $100,000. A $500,000 office building was erected. The building is placed in service in May. Find t
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!