Answer:
$12
Step-by-step explanation:
If we stuck with the price of $8, then we end with an income of $2400
Increasing it by $1 will decrease attendance by 20
8 x 300 = 2400
9 x 280 = 2520
10 x 260 = 2600
11 x 240 = 2640
12 x 220 = 2640
13 x 200 = 2600
We're starting to go down, so let's stop there
The ticket price of $11 or $12 appears to give the most income
I would stick with $12 since your still getting more money from one ticket
Find the cost of 1 inch by dividing 80 cents by 16 inches, then multiply that cost by 11:
0.80 / 16 = 0.05 per inch.
11 inches x 0.05 = 0.55
It will cost 55 cents.
Answer:
5.243 is less than 5.4....
answer A:
Answer;-Cost Cost is a term describes what a manufacturer spends for goods or services.Explanation;
-Cost of goods sold (COGS) is the direct costs attributable to the production of the goods sold in a company. This amount includes the cost of the materials used in creating the good along with the direct labor costs used to produce the good. Cost of goods sold is also referred to as "cost of sales."
-Gross Profit is your company's revenue minus the cost of the goods sold (COGS).
