A ground-dwelling plant grows along a chain-link fence

From June to the end of September, Jennifer wants to save at least $1,500. Her monthly expenses are $600. Jennifer saves whateve

kakasveta [241]

The minimum sales required by Jennifer to meet her savings goal must be $26.25 per hour or $2100 for September.

Given that,

Savings desired = $1500

Monthly expenses = $600

Let money earned by her every hour be $x$

No. of scheduled work hours $=$ $80$

So,

Total money earned for the month $=$ $80$ × $x$

$= 80x$

As we know,

Money left = Total money earned - expenses

$= 80x$ - $$600$ ...(i)

A.T.Q.

Money left must be = $1500

Then, by putting the variables in equation (i), we get

$80x - 600 = 1500$

Now, solving for $x$

$80x - 600 = 1500$

$+600 = + 600$

_______________

$80x = 2100$

$x = 2100/80$

∵ $x = 26.25$

Thus, the required sales are $ $26.25$ per hour or ( $26.25$ × $80$ = $2100) for the month of September.

Learn more about 'savings' here:

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4 0

3 years ago

Beckronski Company has the following information available for the month of March: Units Transferred- in Costs Direct Material

storchak [24]

Answer:

Direct Material Equivalent Unit Weighted Average Cost Method= 240+ 400- 400= 240

Units Cost for Direct Materials= $52,000 /230= $ 226.086

Explanation:

Beckronski Company

Units Transferred- in Costs

Direct Mat Conversion Costs WIP inventory

March 1 240 $33,600 0 $18,000

<u>Percent complete 100% 0% 62.5%</u>

Equivalent Units 240 - 150

Transferred in

<u> March 400 </u>

Equivalent Units 400 400 400

Mar 31 WIP inventory, 200

<u>*Percent complete 100% 0% 80% </u>

Equivalent Units 400 - 320

Weighted Average Cost Method = Beg. Inv Equiv. Units + Units Transferred in Less Ending Inventory Equivalent Units

Direct Material Equivalent Unit Weighted Average Cost Method= 240+ 400- 400= 240

Conversion Costs Equivalent Unit Weighted Average Cost Method=

0+ 400-0= 400

Work In Process Equivalent Unit Weighted Average Cost Method=

150+ 400-320= 230

Costs added in March $52,000 $13,200 $48,600

Units Cost for Direct Materials= $52,000 /230= $ 226.086

4 0

3 years ago

An ice cream manufacturer makes ice cream in two processes, Mixing and Packaging. During April, its first month of business, the

Mazyrski [523]

Based on the sales revenue that the ice cream manufacturer got and the cost of goods sold, the total gross profit on ice cream sales is $300,000.

<h3>How is the total gross profit calculated?</h3>

This can be found as:

= Sales revenue - Cost of goods sold

Sales revenue:

= 200,000 x 4.70

= $940,000

Cost of goods sold:

= Total production cost / Total units produced x Units sold

= 665,600 / 208,000 x 200,000

= $640,000

Gross profit:

= 940,000 - 640,000

= $300,000

Find out more on gross profit at brainly.com/question/942181.

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3 0

2 years ago

What is a competitive market? A. a market in which a good can be bought and sold at the same price B. a market in which a good

Wittaler [7]

Answer:

The correct answer is letter "A": a market in which a good can be bought and sold at the same price.

Explanation:

Competitive markets are those with large numbers of producers fighting against each other to fulfill consumers' needs. In these markets, the producers and consumers cannot determine the price of the goods or services being traded. Both <em>participants are price-takers</em> which imply they will come to a point in which the price level offered by producers and desired by consumers will be equal.

5 0

3 years ago

If supply is price-inelastic and demand is price-elastic, then the firm can earn positive profits by increasing the price.

strojnjashka [21]

I think it might be true in my opinion

8 0

3 years ago