Answer:
6,000 toothpicks
Step-by-step explanation:
In this question, we are trying to evaluate the number of toothpicks a company must sell to ensure that the money spent on production is exactly equal to revenue from sales.
What we do is this!
Let’s assign a variable to represent the number of tooth picks sold and produced by the company. Let us call this number x.
First, we evaluate the total amount spent on production of x toothpicks. From the question, we can see that the cost of producing a single toothpick is $0.01, hence, to produce x toothpicks, amount spent asides the fixed cost is $0.01 * x = $0.01x
Now, the total cost on production which includes the fixed cost of the company would be $(0.01x + 60). This is the total amount spent to produce the goods.
Now revenue from sales for x toothpicks at $0.02 each is $0.02x
Since we are looking to Breakeven, we equate the costs to the revenue.
0.01x + 60 = 0.02x
0.02x-0.01x = 60
0.01x = 60
x = 60/0.01 = 6,000 toothpicks
Answer: 8
Step-by-step explanation:
Answer:
1
Step-by-step explanation:
6=3+3p
6-3=3p
3=3p
3/3=p
1=p
Answer:
The answer is True.
Step-by-step explanation:
Sales variance is computed in same manner as cost variance that is computing both price and volume variance. However interpretation of end result will not be same. For example in material price variance if
A = actual purchase price = $ 4, B = standard purchase price= $ 5 and Qt= quantity purchased = 500 units then
Material price varaince = 500 (5-4) = 500,
This gives us favourable price variance of 500 dollars. However in sales price variance if
A = actual sales price = $ 4, B = standard sale price= $ 5 and Qt= quantity sold = 500 units then
Sale price varaince = 500 (5-4) = (500)
This gives us unfavourable sales price variance of 500 dollars.
This show that formulas to compute variances are same but sale price decrease give us un favorable variance and cost price decrease gives us favorable price variance and vice versa.
1/2 * 1/4 = 1/8
3/8 * 2/3 = 1/4 same for back left fin
2/5 *1/2 = 1/5
2/3 *1/2 = 1/3
1/4 + 3/4 = 8/8
2/3 +1/6 = 5/6
4/5 +1/5 = 4/4
1/4 +1/5 = 9/20
front/back right fin = 3/8
x+ 1 2/3..... = 4/5
