All categories

2 years ago

If AP sells the toaster ovens for $17 each, how many units will it have to sell to make a profit of $431,000 before taxes

1 answer:

5 0

If $60,000.00 is the total sales from selling toaster ovens at $16.00 each, then the total units of toaster ovens sold would be 3,750.00 units. If expenses where given, say for example, 40% of the sales, with a profit before tax of $60,000.00, then total sales should be $84,000.00 equivalent to 5,250 units of toaster ovens.

You might be interested in

Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost($) Employee Hours January 9,29

Ierofanga [76]

Answer:

1. $2,296

2. $19.58

3. Total labor cost = Fixed cost + (variable cost × employee hour)

Explanation:

The computations are shown below:

1. The fixed cost would be

= High labor cost - (High employee hours × Variable rate per hour)

= $10,324 - (410 hours × $19.58)

= $10,324 - $8,028

= $2,296

2. Variable rate per hour = (High labor cost - low labor cost) ÷ (High employee hours - low employee hours)

= ($10,324 - $6,800) ÷ (410 hours - 230 hours)

= $3,524 ÷ 180 hours

= $19.58

3. The cost formula would be

Total labor cost = Fixed cost + (variable cost × employee hour)

= $2,296 + ($19.58 × employee hour)

5 0

3 years ago

Babe Ruth was a famous baseball player in the 1920s. He made a salary of $80,000 in 1930, which was considered outrageous becaus

ArbitrLikvidat [17]

Answer:

In real dollars, Babe Ruth's salary = $80,000 / 0.0645 (CPI 1930) = $1,240,000

Since Babe Ruth was the highest paid baseball player back then, if we compare his updated salary to Kershaw's salary, it represents only = $1,240,000 / $33,000,000 = 3.76%.

That means that most of the players' salary raise was due to other factors, not just inflation.

4 0

3 years ago

The new international division of labor reflects the growing importance of

Ivahew [28]

Answer:

A) Outsourcing

Explanation:

Outsourcing is sourcing labor and talent internationally rather than domestically.

4 0

3 years ago

A homeowner hired a contractor to finish her basement. They agreed on a price of $20,000 for the job. During the final stages of

Anestetic [448]

The inference is that the contractor will prevail because the homeowner agreed to the price increase.

<h3>What is an inference?</h3>

It should be noted that an inference simply means the conclusion that can be deduced based on the information given.

In this base, inference is that the contractor will prevail because the homeowner agreed to the price increase.

Learn more about inference on:

brainly.com/question/25280941

#SPJ1

4 0

2 years ago

Presented here are liability items for Skysong, Inc. at December 31, 2017. Accounts payable $298,300 FICA taxes payable $14,820

lord [1]

Answer:

Explanation:

The preparation of the liabilities section of Skysong's balance sheet is shown below:

Skysong, Inc.

Partial Balance Sheet

December 31, 2017

Liabilities

Current Liabilities

Accounts payable $298,300

FICA taxes payable $14,820

Notes payable (due May 1, 2018) $38,000

Interest payable $76,000

Unearned rent revenue $456,000

Income taxes payable $6,650

Sales taxes payable $3,230

Total Current Liabilities $893,000

Non - Current Liabilities

Bonds payable (due 2021) $1,710,000

Notes payable (due 2019) $152,000

Discount on bonds payable $77,900

Total Non -Current Liabilities $1,939,900

Total liabilities $2832,900

7 0

3 years ago