$29,150 is the correct answer
$26,550 + $1500 + $400 + $700 = $29,150
Answer:
Gobblecakes is a bakery that specialized in cupcake. The annual fixed cost to make cupcake is $18,000. The variable cost including ingredients and labor to make a cupcake is $0.9. the bakery sell a cupcake for $3.2 a piece.If the bakery sells 12,000 cupcakes annually, determine the total cost, total revenue, and profit.
Total cost= variable cost + fixed cost
TC= 0.9+18,000
TC= $18,000.90
Total revenue= price X quantity of goods
TR= 3.2 X 12000
TR= $38,400
Profit= TR-TC
Profit= $38,400-$18,000.9
profit= $20,399.10
Explanation:
Answer:
(c) Essentially zero.
Explanation:
The cost of accomodating one more fan in a stadium that is not at full capacity (the game is not sold out) is almost zero because the stadium has the infraestructure to accomodate hundreds or thousands of fans.
The only cost is probably cleaning after the fan in case he or she throws away something in in or around his or her seat.
The entrepreneurs must be aware of the firm’s overall
financial position, in order to determine the amount of finance they need or
how much they will be able to use or the limit of their finance. Another thing
is, the financial status should also be monitored if there are any progress or
changes.
Answer:
The correct answer is letter "D": optimal currency area.
Explanation:
An Optimal Currency Area or OCA refers to a region that allows the establishment of a common currency for different countries that have similar economic patterns allowing them to set similar macroeconomic policies. The objective is the integration of those economies promoting growth and currency stability.
However, <em>economic hardship in Greece put block currencies such as the euro at risk since it unbalanced the Euro weight in western Europe. The relatively recent United Kingdom auto exclusion of the European Union (EU) through the "Brexit" is also a sign that the European zone has many countries looking for different interests.</em>
