39. Note the following figures: Net profit 2.5% Gross margin $7,000 Operating expenses $6,600 Find: a. The cost of goods in dollars. b. The percentage of operating expenses. ************************************************************************
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- QUESTION 2 A shoe company manufactures and sells a pair of shoes with the following cost and revenue data: 75 Variable cost Per Unit (AED) 20 Selling price Per Unit (AED) Total fixed expenses per month are as follows: Expenses types AED Advertising 388,348 Rent 90,000 Heating 80,000 a. How many units would the company have to sell to have a profit of AED 150,000?B C 1 2 D E Historical Price Data Seed Oil Mash Average Price Average Price Average Price 3 Marketing Year Index $/short ton Index $/short ton Index $/short ton 4 1 127.7 317.8 63 5 2 192.4 465 87 6 3 242 662.2 105 7 4 242 668.2 111 8 9 56 274 791.3 124 6 242 732 108 10 7 290 951 134 11 8 347.2 1123 153 12 9 436 1297.3 193 13 10 422.8 1312 187 14 11 466 1416 193 15 12 582 1664 247 16 13 508 1317.4 242 17 14 428 1182.4 197 18 15 434 1334.4 210Bob’s bookstore is the only bookstore in town. The figure in attachment shows the demand curve of books and Bob’s books’ marginal revenue curve and marginal cost curve . Bob’s books maximises its profit and sets the price of books equal to _______ and has total annual revenue of _________. (a) $20, $60,000 (b) $10, $40,000 (c) $30, $60,000
- $16,000,000 150 (D) $15,750,000 130 110 90 70 50 Ford Field Capacity is 65,000 10000 MC 30000 50000 70000 ⠀ MRL and DL are for low-demand games. MRH and DH are for high-demand games. Based on the graph above, what is the total revenue if variable ticket pricing is used? A) $12,500,000 B) $11,250,000 MRL DL DH MRHhow do i find total revenue? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure.12 st L8 Get & Transform Data 4 6 7 1 2 Available Product 3 8 9 10 11 12 13 A 14 15 16 17 18 19 20 All :X ✓ fx B Pounds made Workbook Links Queries & Connections 3000 Flour (ounce) 1500 Egg (piece) 4500 Labor (man-hour) Unit Price Variable Cost Demand UCM Adiucted C 3.2 1.5 6 D $12.50 $6.50 960 $6.00 2.6 1.5 5 Data Types $11.00 $5.70 928 $5.30 E 1.5 1 4 <1 $9.00 $3.60 1041 $5.40 F 0 0 0 0 Banana Muffin Choc Muffin Banana Cookies Choc Cookies Milk Bread White Bread 0.7 0.3 0.5 0 2.5 1.5 $6.00 $3.00 $2.20 $1.20 1084 1055 $3.80 $1.80 AV 0 0.8 1 3 G $7.00 $2.80 977 $4.20 Sort & Filter H Advanced 0
- (ii) Calculate total profit for this firm.Total Total Revenue Cost Quantity (TR) (TC) Profit (MR) (MC) 0 0 8 1 8 10 2 16 11 3 24 13 4 32 16 5 40 20 6 48 27 7 56 36 8 64 47 9 72 65 10 80 90 Marginal Marginal Revenue Cost Fill in the table to determine the profit maximizing level of output, price, and profit. The optimal quantity is A/ A (number) units, the optimal price is (number) dollars, which maximizes (number) dollars. This table A profits at displays profit maximization under the (perfect competition / monopolistic competition / oligopoly / monopoly) market structure.Break even point analysis 1. A manufacturing business that is involved in manufacturing and selling a single product. The annual fixed expenses to run the business are $15000 and variable expenses are $7.50 per unit. The sale price of your product is $15 per unit. A. Formulate the total revenue, total cost, and profit B. Find the break-even point quantity and revenue. C. Find the number of units to sell if the estimated profit is $50,000 D. Find the total profit if the total units sold is 5000 units. E. Find the units to sell to break-even the fixed expenses. 2. It costs a publishing company 50,000 dollars to make books. The 50,000 is a fixed cost or cost that cannot change. To help the publishing company sell the books, how many books should they sell to break even? 3. A manufacturing company supplies its products to construction job sites. The average monthly fixed cost pee site is $4,500, while each unit cost $35 to produce and selling price is $50 per unit.Determine the…
- 6. Elasticity and total revenue The following graph shows the daily demand curve for bikes in Houston. Use the green rectangle (triangle symbols) to compute total revenue at various prices along the demand curve. Note: You will not be graded on any changes made to this graph. PRICE (Dollars per bike) 300 275 ) 250 225 175 150 125 100 75 50 25 0 0 + 6 12 18 24 30 36 42 48 QUANTITY (B) Demand 54 60 66 72 Total Revenue1:50 AM ← Wh Akhil Bagde 1 minute ago VPN LTE 4G+ 51 4(a) Distinguish between inter - industry and intra-industry international trade. (b) Outline the various stages of the product life cycle. (c) Explain how the product life-cycle theory of international trade explains intra-industry trade.in the month of Janaury a car dealership bought its vehicles for $100.000 and sold them for $145,000 It pays its employees $20,000 for the month. What is the gross profit for January? Ⓒ$45.000 Ⓒ$25.000 $100.000 $145.000