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
Alexandra [31]
3 years ago
15

If a business sells 100,000 magazines at £2.50 each and the variable costs are 80p and fixed

Business
1 answer:
inna [77]3 years ago
5 0

Answer:

They shouldn't because they are making a net profit of £45,000

Explanation:

They make around £250,000 I got this by multiplying 100,000 by 2.50 and the cost to produce is 0.80, so 100,000x0.80 is 80,000 and the costs are 125,000. if we merge the total costs and subtract it by the total profit ; 80,000+125,000 we get 205000, 250,000-205000 we get 45,000.

You might be interested in
Mervon Company has two operating departments: Mixing and Bottling. Mixing has 350 employees and Bottling has 350 employees. Indi
krok68 [10]

Answer:

Allocated administrative cost for mixing is $81000

And allocated administrative cost for for bottling is $81000

Explanation:

We have given total number of employs for mixing = 350

And total number of employs for bottling = 350

Administrative cost = $162000

So total number of employs = 350+350 = 700

So allocation base for mixing =\frac{350}{700}=0.5

So allocated amount for mixing = 0.5×$162000 = $81000

Allocation base for bottling = =\frac{350}{700}=0.5

So allocated amount for bottling = 0.5×$162000 = $81000

3 0
3 years ago
Hodgkiss mfg., inc., is currently operating at only 94 percent of fixed asset capacity. current sales are $740,000. how fast can
tangare [24]

Sales grow before any new fixed assets are needed is $156,480.

Fixed assets , additionally known as lengthy-lived assets or property, plant, and equipment, are a time period utilized in accounting for belongings and belongings that cannot without difficulty be converted into cash. fixed properties are one of a kind from modern assets, along with coins or bank accounts, due to the fact the latter is liquid belongings.

currently operating = 94 percent

current sales = $740,000

Full capacity sales = current sales/ Current capacity utilisation

                               = 500000/0.94

                               = $531,914.89

Percentage of fixed assets to full Capacity Sales = Fixed Assets / full Capacity Sales

                                                                                 = 400000/531914.89

                                                                                 = 0.752

Total Fixed assets Needed for New Sales = 74000*0.752

                                                                      = 556480

Additional Fixed Assets needed = 556480 - 400000

                                                      = $156,480   answer.

Learn more about fixed assets here:-brainly.com/question/25746199

#SPJ4

7 0
1 year ago
Barbara made a contract to sell a house to Bolton. The agreement stated that it was contingent upon the buyer being able to secu
Levart [38]

Answer and Explanation:

A due on sale clause is simply a stipulation in the mortagage agreement that the

"borrower if he wants to sell the property to some other person, first of all he (borrower) shall repay the entire outstanding mortagage amount and then only it is possible to sell the property which is secured under Mortagage agreement.

Hence in essence, the borrower must repay before selling it to some other person which will result in paying the sale proceeds of house to the lender first and the Borrower again has to take loan sometimes from the same lender.

Hence it is imperative that the mortagage obligation cannot be transferred to any other person. That is any subsequent buyer cannot ASSUME the mortagage. Therefore due on sale

Clause prevents assuming of mortagages.

6 0
3 years ago
To take advantage of an arbitrage opportunity, an investor would
Svetach [21]

Answer:

The answer is III) make simultaneous trades in two markets without any net investment.

Explanation:

Arbitrage is simultaneously buying an asset ( may be currency, securities...) in a low-priced market and sell it in a high-priced market.

As a results, the investor earns profit from price differences in the two markets without risk and net investment. It is because the two trading happens at the same time once price differences in any two markets are recognized ( arbitrage opportunities recognized) and the proceed of selling the asset is immediately used for financing/returning to the buying of the asset.

Thus, (III) is the correct answer.

5 0
3 years ago
5. A raise in the price of a product causes _____. a decrease in supply an increase in demand an increase in competition a decre
grigory [225]

Answer:

d

Explanation:

a decrease in competition

6 0
2 years ago
Other questions:
  • Quentin operates an ice cream franchise that has shops throughout the United States. CoolCream Co., the franchisor, supplies the
    6·1 answer
  • _____ is a type of data encryption that enables users of the Internet to securely and privately exchange data through the use of
    12·1 answer
  • Determine the amount to be paid in full settlement of each of two invoices (a) and (b), assuming that credit for returns and all
    11·1 answer
  • 3 Points
    5·1 answer
  • The following production data were taken from the records of the Finishing Department for June:Inventory in process, 6-1 (30% co
    9·1 answer
  • otal asset turnover 2.6 Profit margin 6.6 % Equity multiplier 1.5 Payout ratio 25 % What is the sustainable growth rate?
    11·1 answer
  • Essence of Skunk Fragrances, Ltd., sells 5,750 units of its perfume collection each year at a price per unit of $445. All sales
    13·1 answer
  • The government decides to place a tariff on platinum imports because it determines that mining practices abroad are not as stric
    15·1 answer
  • total fixed costs for diamong enterprises are $700,000. Total costs, including both fixed and variable, are $920,000 if 140,000
    9·1 answer
  • During business cycle expansions when income and wealth are rising, the demand for bonds ________ and the demand curve shifts to
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!