Global Trading imported goods worth $50,000. Additional costs include: freight $3,000, import duty 10%, insurance $2,000, and handling $1,000. What the total cost of inventory.
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- If average revenue per unit is expected to be $25 and cost of goods sold are expected to be $17 per unit, how many units must be sold to breakeven on investment if the investment cost is $240,000? O 40,000 O 14,117 O 9,600 O 65,118Kindly provide the correct options for the following three questionsSuppose the transportation cost to send a 2000 lb shipment from St. Louis to Tampa $3500. 1. Compared to the transportation cost for the 2000 pound shipment, the transportation cost to send a heavier shipment would likely be a) greater.b) less.c) the same. 2. Compared to the transportation rate for the 2000 pound shipment, the transportation rate to send a heavier shipment would likely be a) greater.b) less.c) the same.
- How much?1. The Variable Cost of Goods Sold in the Marin Company totals P325,000. Fixed selling and administrative expenses totaled P115,000 and variable selling and administrative expenses were P210,000. If Marin Company's contribution margin totaled P590,000, then sales must have been * O Ph 650,000 O Ph 915,000 Ph 1,030,000 O Ph 1,125,000From the following data, you are required to calculate 1) p/v ratio 2) break even sale with the help of p/v ratio 3)sales required to earn a profit of rs.45,000 Fixed expenses=rs.90000 Variable cost per unit: Direct material=rs.5 Direct labour=rs.2 Direct overheads=100% of direct labour selling price per unPit-rs.12
- Starwise Company had the following amounts from its income statement: $100,000 Sales revenue 32,000 Cost of goods sold -fixed 25,000 Cost of goods sold -variable 9,000 Selling expenses - fixed Selling expenses - variable 11,000 Administrative expenses - fixed 12,000 Administrative expenses - variable 8,000 How much is Starwise's contribution margin? $56,000. O$3,000. O $75,000. $43,000.A business in Nigeria has the following information. What is their break even in units for the period? Sales £10 Variable costs: Materials cost £2.5 Labour cost £2.5 Fixed costs: Advertisement £10,000 A. 3500 B. 7000 C. 4000 D. 2000A company produces and sells two products with the following costs: Product X £0.45 £1,212,000 per period Product Y Variable costs (per £ of sales) Fixed costs £0.60 Total sales revenue is currently generated by the two products in the following proportions: 70% 30% Product X Product Y Required: (a) Calculate the break-even sales revenue per period, based on the sales mix assumed above. (b) Prepare a profit volume chart of the above situation for sales revenue up to £4,000,000. Show on the same chart the effect of a change in the sales mix to Product X 509%, Product Y 50%. Clearly lindicate on the chart the break-even point for each situation. (C) Of the fixed costs £455.000 are attributable to Product X. Calculate the sales revenue required on Product X in order to recover the attributable fixed costs and provide a net contribution of £700.000 towards general fixed costs and profit.
- Please given correct answer general accountingThe following information is for Corp: Selling price $60 per unit Variable costs $40 per unit Total fixed costs $125,000 If targeted operating income is $50,000 , then targeted sales revenue is how much?For a certain company, the cost function for producing x items is C(x)=40x+200, and the revenue function for selling x items in R(x)=−0.5(x−80)2+3,200. The maximum capacity of the company is 110 items. The profit function P(x) is the revenue function R(x) (how much it takes in) minus the cost function C(x) (how much it spends). In economic models, one typically assumes that a company wants to maximize its profit, or at least make a profit!Assuming that the company sells all that it produces, what is the profit function?P(x)= Preview Change entry mode . Hint: Profit = Revenue - Cost as we examined in Discussion 3. What is the domain of P(x)?Hint: Does calculating P(x) make sense when x=−10 or x=1,000? The company can choose to produce either 40 or 50 items. What is their profit for each case, and which level of production should they choose?Profit when producing 40 items = Number Profit when producing 50 items = Number Can you explain, from our model, why the company makes less profit…