1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alexeev081 [22]
2 years ago
5

Askew Enterprises produces a product with fixed costs of $200,000 and variable cost of $9 per unit. The company desires to earn

a $100,000 profit and believes it can sell 20,000 units of the product. Required a. Based on this information, determine the target sales price.
Business
1 answer:
Jet001 [13]2 years ago
3 0

Answer:$24

Explanation:

Formula : Sales - Variable costs - Fixed costs = profit

x(20,000) - $180,000-$200,000 = $100,000,

x(20,000) = $480000

x = $24

You might be interested in
A homeowner sued a plumber for damages resulting from the plumber's allegedly faulty installation of water pipes in her basement
Leona [35]

Answer: The correct answer is YES it is admissible as evidence of the plumber's fault.

Explanation: An Evidence has probative value if it tends to prove an issue. The testimony of the homeowner of the regarding the plumber's response is a party admission. It is admissible as a hearsay exemption under Rule 801(d)(2)(A) which explains that a statement or statemens made by a party in a case cannot be excluded as hearsay when offered against him by the opponent. As such, the statement is a probative evidence.

4 0
3 years ago
Carla is preparing a speech. How will creating an outline most help her speech?
lisov135 [29]
It will help organize the flow of ideas
5 0
2 years ago
ABC stock has just closed at $70.50. A customer has an open order on the Specialist's book (DMM's book) to sell short 100 shares
Rudiy27

Answer:

A) Sell short 100 ABC at 69.45 Stop

Explanation:

When an order is placed below the market (OBLOSS - Open Buy Limits Open Sell Stops) it will be adjusted on the specialist's book for distributions on ex date. This open sell stop order = $70 - $0.55 (dividend) = $69.45

So the adjusted order will be: Sell short 100 ABC at 69.45 stop.

7 0
3 years ago
Pablo Company has budgeted production for next year as follows: Quarter First Second Third FourthProduction in units 59,000 99,0
AVprozaik [17]

Answer:

Purchases= 408,000 pounds

Explanation:

Giving the following information:

Production:

2nd Q= 99,000 units

3rd= 109,000 units

Four pounds of material A are required for each unit produced.

Desired ending inventory= 30% of the next quarter's production

<u>To calculate the purchases for the second quarter, we need to use the following formula:</u>

Purchases= production + desired ending inventory - beginning inventory

Purchases= (99,000*4) + (109,000*4)*0.3 - (99,000*4)*0.3

Purchases= 396,000 + 130,800 - 118,800

Purchases= 408,000 pounds

6 0
2 years ago
An investment offers €4,000 per year for 10 years, with the first payment occurring one year from now. (Do not include the euro
PilotLPTM [1.2K]

Answer:

25,670.80€

Explanation:

this is an ordinary annuity since the first payment occurs one year from now. The present value of an ordinary annuity is given by the following formula:

present value = annual distribution x PV annuity factor

  • annual distribution =4,000
  • PV annuity factor, 9%, 10 periods = 6.4177

present value = 4,000 x 6.4177 = 25,670.80€

8 0
2 years ago
Other questions:
  • Morrow Corp. has an EBIT of $925,000 per year that is expected to continue in perpetuity. The unlevered cost of equity for the c
    7·1 answer
  • When creating a chart or graph, which should be completed first?
    15·1 answer
  • The baldwin company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. the exp
    11·2 answers
  • Help me with this please the answer I choose is incorrect !!
    8·2 answers
  • The accounting rate of return is computed as: a. Average annual income from the project divided by average annual investment. b.
    9·1 answer
  • Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand
    9·1 answer
  • If income increases by $100 and consumption increases by $75, the slope of the consumption function equals _____.
    8·1 answer
  • When should an Accountant user use the Write Off tool in QuickBooks Online?
    8·1 answer
  • When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regio
    9·1 answer
  • a small percent of international combinations fall short of their objectives and the majority continue operating for several yea
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!