Answer:
fixed costs= $513,000
Explanation:
Giving the following information:
Selling price= $34
Unitary variable cost= $25
Break-even point in units= 57,000
<u>To calculate the fixed costs, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
57,000= fixed costs / 9
57,000*9= fixed costs
fixed costs= $513,000
Answer: Plainly put, extreme income inequality, such as the kind found in Sub-Saharan Africa and South Asia, cause economic inefficiency. The relatively wealthy tend to save a much higher proportion of their income than the poor. In order to grow economically, a society must have robust rates of consumption. However, if most of the wealth of a country is owned by a very small percentage of its population, that wealth is saved, not spent. These savings are then invested by individuals and financial institutions.
Explanation:
Answer:
The Economic Landscape of Oceania World Geography are catching seals and whales, Trading wood and meats.
Answer:
Assigned cost= $16,080
Explanation:
Giving the following information:
Wicker baskets are produced in batches of 100 units.
Wooden slat baskets are produced in batches of 50.
Setup is required for each batch. During the most recent accounting period, the company made 8,000 wicker baskets and 2,000 wooden slat baskets. Setup costs amounted to $24,000 for the baskets produced during the period.
First, we need to determine the number of batches.
Wicker= 8000/100= 80 batches
Wooden= 2000/50= 40 batches
Proportion of batches= 80/120= 0.67
Assigned cost= 24000*0.67= $16,080
Answer:
The correct answer is letter "B": Royalties.
Explanation:
In the world of business, royalty refers to a charge for the right to use the property of another entity, usually intellectual property such as copyright, patent or franchise. In the common royalty system, the property owner -<em>licensor</em>- licenses the licensee to use the property using a licensing agreement.