Answer:
The contribution margin it's determined by the total amount of Gross Profit divided by the total value of sales.
Profit = $405,000
Sales = 11,250×106 =$1,192,500
Therefore contribution margin ratio = ($405,000/$1,192,500) = 0.34
The Break Even point is given thus;
Fixed cost = 25 × 11250 =$281,250
Break-even point = Fixed costs ÷ contribution ratio
= $281,250/0.34 = $827,205.88
To solve number eight, you would set it up as an equation equal to 180
72+7x+24=180
Next you would combine like terms 24 and 72 to get 96
Now the equation is 96+7x=180 Now, subtract 96 from 180 and then divide by seven to get x, so then x is equal to 12
Hello,
I was just wondering if I could have an extension for Friday please? I need one so I can submit the missing assignments by Monday. I wasnt able to do the test earlier because it wouldnt let me in. My camera isnt working either. Im so sorry but I would be so grateful for an extention .
Thank you so much.
Consider for a moment building a tree with all possible choices. The first row would contain 8 books (each possible choice for the first book). Then, the second row would contain 7 books for each book in the first row (the choices possible for the second book). Otherwise, it would be 8*7. Following this principal, we continue to multiply down to 1. 8*7*6*5*4*3*2*1. This is also known as 8!, a factorial.
Finally, 8! = 40,320
Answer:
- Domain:

- Range:

Step-by-step explanation:
The domain is the set of x values, and the range is the set of y values.