Answer:
1. false
2. false
3. true
Step-by-step explanation:
Answer:
Kelsey must produce 34 more pendants.
Step-by-step explanation:
Giving the following information:
Fixed costs= $200
Unitary variable cost= $7.8
Selling price per unit= $13.5
Desired profit= $50
<u>To determine the number of units to be sold, we need to use the break-even point in units formula.</u>
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (200 + 50) / (13.5 - 7.8)
Break-even point in units= 250/5.7
Break-even point in units= 43.86 = 44
Kelsey must produce 34 more pendants.
It does not say simple or compound interest.
Simple interest is rarely used these days, so assume compound.
Use the standard formula:
future value = present value*(1+rate/n)^(nt)
n=number of times interest is compounded per year (=1)
t=number of years
Plugging values,
200=100(1.09)^t
1.09^t = 2
take log
t(log(1.09))=log 2
t=log(2)/log(1.09)=0.6931/0.08618=8.04 years.
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Answer: an average resulting from the multiplication of each component by a factor reflecting its importance.
Step-by-step explanation:
