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pav-90 [236]
2 years ago
13

A birthday party at the skating rink costs $ 60 to reserve a party area and $ 2. 50 per guest for skating and skate rental. How

much will a party cost if 15 guests are invited?.
Business
2 answers:
ivanzaharov [21]2 years ago
6 0

<em>In </em><em>a </em><em>birthday</em><em> </em><em>party</em><em> </em><em>for </em><em>the </em><em>skating </em><em>rink </em><em>arena </em><em>it </em><em>costs </em><em>about </em><em>$</em><em>6</em><em>0</em><em> </em><em>to </em><em>reserve</em><em> </em><em>for </em><em>1</em><em> </em><em>party</em><em>. </em><em>The </em><em>cost </em><em>for </em><em>1</em><em> </em><em>person </em><em>in </em><em>party </em><em>is </em><em>around </em><em>$</em><em>2</em><em>.</em><em>5</em><em>0</em><em> </em><em>for </em><em>skating </em><em>and </em><em>skate </em><em>rental.</em><em> </em><em>Now </em><em>we've</em><em> </em><em>been </em><em>given </em><em>to </em><em>find </em><em>out </em><em>the </em><em>total </em><em>cost </em><em>for </em><em>the </em><em>party </em><em>when </em><em>1</em><em>5</em><em> </em><em>guests</em><em> </em><em>will</em><em> </em><em>be</em><em> </em><em>invited</em><em>. </em><em>Let </em><em>the</em><em> </em><em>total</em><em> </em><em>cost</em><em> </em><em>to </em><em>find</em><em> </em><em>out</em><em> </em><em>be </em><em>(</em><em>c)</em>

  • <em>Cost </em><em>to </em><em>reserve</em><em> </em><em>skating </em><em>rink </em><em>=</em><em> </em><em>$</em><em>6</em><em>0</em><em> </em>

  • <em>Cost </em><em>for </em><em>per </em><em>guest </em><em>for </em><em>skating</em><em> </em><em>and</em><em> </em><em>skate</em><em> </em><em>rental</em><em> </em><em>=</em><em> </em><em>$</em><em>2</em><em>.</em><em>5</em><em>0</em><em> </em>

  • <em>Total </em><em>cost</em><em> (</em><em>c)</em><em> </em><em>=</em><em> </em><em>?</em><em> </em>

<em>An </em><em>equation</em><em> </em><em>can </em><em>be </em><em>formed </em><em>with </em><em>the </em><em>help</em><em> </em><em>of</em><em> </em><em>given </em><em>data,</em><em> </em>

\mapsto\tt{c = 60 + (2.50 \times 15)}

\mapsto\tt{c = 60 + (37.5)}

\mapsto\tt{c = 60 + 37.5}

\mapsto\tt{c = 97.5}

  • Thus the total cost for the party (c) will be about 97.5$ for the 15 guests invited.

frez [133]2 years ago
3 0
<h2>Cost:</h2>

Costs are the expenses incurred by a company or an individual in<u> order to</u> produce goods and deliver services or buy products.

<h3>The computation:</h3>


\text{The cost} = 60 + (2.50 × 15)

\text{The cost} = 97.5 \text{ dollars}

Therefore, the birthday party will cost $97.5 if 15 guests are<u> invited.</u>

<u />

For more information regarding the sums, refer below:

brainly.com/question/14107176

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What does plottage increment mean?

The value added by fusing the lots is referred to as plottage increment. As an illustration, Steve is the owner of two adjacent plots. It costs $40,000 for each one. The overall valuation has increased by $10,000 and is now $90,000 when consolidated into a single property.

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2 years ago
Crane Corporation is reviewing an investment proposal. The initial cost is $103,400. Estimates of the book value of the investme
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a) The cash payback period for Crane Corporation's investment proposal is 3 years.

b) The annual rate of return for the investment is as follows:

Year 1 = 10% ($10,700/$104,500 x 100)

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Year 3 = 33% ($14,000/$42,100 x 100)

Year 4 = 82.5% ($17,400/$21,100 x 100)

Year 5 = 232% ($17,900/$7,700 x 100)

c) The net present value of the investment by Crane Corporation is $30,643.

<h3>Data and Calculations:</h3>

Target rate of return = 11%

Year   Initial Cost and Book Value  Annual Cash      Annual Net

                                                               Flows                Income

0                 $104,500

1                                        69,300        $45,900            $10,700

2                                        42,100          40,300               13,100

3                                         21,100         35,000               14,000

4                                         7,700          30,800               17,400

5                                               0          25,600                17,900

The cash payback period is <u>3 years</u> ($104,500 - $45,900 - $40,300 - $35,000).

<h3>Net Present Value:</h3>

Year   Annual Cash Flows    PV Factor        Present Value

0               -$104,500                     1                 -$104,500

1                  $45,900                0.901                  $41,356

2                 $40,300                0.812                   32,724

3                 $35,000                 0.731                  25,585

4                 $30,800                0.659                 20,297

5                $25,600                 0.593                   15,181

Net Present value =                                        $30.643

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see below

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Answer:

$245,000.00

Explanation:

The amount of sales revenue to be made to achieve target profit is computed as follows:

<em>Sales revenue to achieve target income</em>

<em>= Total fixed cost for the period + target profit/ contribution margin</em>

Contribution margin = (Sales - variable cost) / sales   ×  100

The figure has been given as 40% in the question

Sales revenue to achieve target profit = (83,000 + 15,000)/0.4

$245,000.00

Watson Company has monthly fixed costs of $83,000 and a 40% contribution margin ratio. If the company has set a target monthly income of $15,000, what dollar amount of sales must be made to produce the target income?

Sales revenue to achieve target profit = $245,000.00

8 0
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