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gavmur [86]
2 years ago
6

Please answer it is due in a hour please help I will sure mark you as brainliest

Business
2 answers:
BlackZzzverrR [31]2 years ago
6 0

Answer:

1) Fixed costs are costs that do not change when sales or production volumes increase or decrease.

2) A variable cost is a corporate expense that changes in proportion to how much a company produces or sells.

3) The breakeven point is the level of production at which the costs of production equal the revenues for a product.

Readme [11.4K]2 years ago
4 0

Answer:

1.costs that do not change when sales or production volumes increase or decrease

2.Variable costs are costs that change as the quantity of the good or service that a business produces changes.

3.the level of production at which the costs of production equal the revenues for a product

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Rica Company is a price−taker and uses a target−pricing approach. Refer to the following​ information:Production volume602,000un
loris [4]

Answer:

Desired profit for the year = $2,329,000

Explanation:

Using the given information, we have

Production volume = 602,000 units

Market price = $34

Operating income desired = 17% of total assets

Total Assets = $13,700,000

Operating income = $13,700,000 \times 17% = $2,329,000

Therefore desired profit = $2,329,000

therefore with this information desired profit per unit = $2,329,000/602,000 =  $3.869

Target cost per unit = $34 - $3.869 = $30.131

Desired profit for the year = $2,329,000

4 0
3 years ago
Paper back and a domestic book selling company.
lutik1710 [3]

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7 0
3 years ago
Jillian runs a small printing business. She spends $2000 / month on ink, $30,000 a year on rent for the building, and $60,000 a
Alexxandr [17]

Answer:

Jillian's annual economic profit on the printing business is $6,000

Explanation:

Cost of ink = $2000/month = $2000×12/year = $24,000/year

Annual rent = $30,000

Annual salary of employees = $60,000

Total annual expenditure = $24,000 + $30,000 + $60,000 = $114,000

Annual revenue = $120,000

Annual economic profit = annual revenue - annual expenditure = $120,000 - $114,000 = $6,000

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3 years ago
International marketing is how a company sells a product to a likely customer in a local market.
Phantasy [73]
International marketing is how a company sells a product to a likely customer in a local market.

False
3 0
3 years ago
Read 2 more answers
Baxter Bakers is trying to decide whether it should keep its existing bread-making machine or purchase a new one that has techno
son4ous [18]

Based on the type of cost that the original cost of the machine is, we can say that it represents a sunk cost.

<h3>What is a sunk cost?</h3>

This is a cost that a business has already incurred as regards a certain investment or asset. This cost cannot be recovered and so should not have any weight on future decisions made.

The original cost of the existing machine of $10,000, is a sunk cost because the company has already incurred it and cannot recover it.

Find out more on sunk costs at brainly.com/question/24976252.

4 0
2 years ago
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