Answer:
c. Pie
Explanation:
In order to determine which product is the most profitable, we must calculate the contribution margin per hour:
Cake Pie Cookies
contribution margin $18 $11 $3
production time 3 1 .30
contribution margin p/hour $6 $11 $10
Pie is the most profitable product, followed by cookies, and cakes are the less profitable products.
Answer:
$29,500
Explanation:
Given that,
Beginning inventory = $12,000
Ending inventory = $6,000
Purchases = $25,000
Purchase return = $1,500
Kuyu’s cost of goods sold during the period:
= Beginning inventory + Net purchases - Ending inventory
= Beginning inventory + (Purchases - Purchase return) - Ending inventory
= $12,000 + ($25,000 - $1,500) - $6,000
= $12,000 + 23,500 - $6,000
= $29,500
Answer:
Coupon= $27.5
Explanation:
Giving the following information:
Face value= $1,000
Coupon= semiannual payments
Coupon rate= 0.055/2= 0.0275
<u>To calculate the semiannual payment, we need to use the following formula:</u>
Coupon= face value*coupon rate
Coupon= 1,000*0.0275
Coupon= $27.5
The profit will Bluetooth speaker sales bring this firm when it sells at the profit-maximizing level of output is $975
Profit-maximizing level
In economics, profit maximizing level of output means where its marginal cost (MC) just equals the product price and where marginal cost is increasing; that is, the MC curve is sloping upward.
Given
A firm that produces Bluetooth speakers collected the following data to determine their possible profits.
Here we need to find the profit will Bluetooth speaker sales bring this firm when it sells at the profit-maximizing level of output.
In order to find the profit-maximizing level of output for the Bluetooth, we have to subtract the maximum price by the minimum price.
For example let us consider $1000 be the maximum price of the Bluetooth and $25 is minimum price of the Bluetooth,
Then the profit-maximizing level of output is calculated as,
=> 1000 - 25
=> 975.
To know more about profit-maximizing level here.
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