Answer:
TC = $1,700 + $20x
P = $20x - $1,700
x = 85
Explanation:
Develop a mathematical model for the total cost of producing x pairs of shoes.
The total cost of producing x pairs is given by the fixed cost of $1700 added to a variable cost of $20 per pair. For x pairs:
Let P indicate the total profit. Develop a mathematical model for the total profit realized from an order for x pairs of shoes.
Total profit is given by Revenue from sales minus total costs (found on the previous item). Revenue is $40 per pair. The profit function is:
How large must the shoe order be before O'Neill will break even?
The break-even point occurs when profit is zero:
The shoe order must be at least 85 pairs.
Answer & Explanation:
If there is no other place for it. The case must be put back together and returned to the back room to be stored. There are times where it is acceptable to return a partial case to the back. An example is if a customer asks for an item out of the box.
Answer:
the contribution margin per unit is $5.75 per unit
Explanation:
The computation of the contribution margin per unit is shown below:
The Contribution margin per unit is
Contribution margin per unit= Contribution margin ÷ Sales units
= ($69,000 - $46,000 ) ÷ 4,000
= $5.75 per unit
Hence, the contribution margin per unit is $5.75 per unit
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
The answer is: interest in seeing the most things for the least amount of money
Explanation:
If we consider the group´s name, Price and Sights, we could get a hint that they probably are looking for the lowest possible price. Several travel websites have been launched with this in mind. It is normal (also logical and rational) for people to search for places to travel at the lowest possible cost. That unless you´re too rich to care and your expectations are different than normal customers.
