If the demand equation is Q = 100-10P. find the consumer’s surplus when the consumer purchases 18 units. What is the revenue of the seller?
Q: Calculate the per-unit contribution margin of a product that has a sale price of $180 if the…
A: The contribution margin can be stated on a gross or per-unit basis. It represents the incremental…
Q: Find the selling price of an item that costs RO52, if the markup is 40% on the cost?
A: Selling price is the value at which goods are sold in the market.
Q: The markup of a product is RO 90. If the markup is 45% of selling, what is the cost? a. RO 200 b. RO…
A: Cost of the product = markup / markup %
Q: If the selling price per unit is $10, the unit contribution margin is $5, and total fixed expenses…
A: Breakeven sales units are the quantity of units sold that leads to a net income of zero. This means…
Q: If the mark-up based on cost is 50%, what is the mark-up based on sales?
A: For any organization the cost and selling price of the product has to be well defined in order to…
Q: Complete the table using the information provided and assume a VAT rate of 15%: Mark up on cost…
A: A. Cost price = profit / Mark up on cost = R40/20% = R200
Q: Given the following information, what is th Variable cost per unit $100 Unit selling price per unit…
A: Solution: PV ratio is the profit volume ratio. It is the ratio of change in profit due to change in…
Q: If selling price per unit is $100 and contribution margin percentage is 30% then contribution margin…
A: Contribution margin refers to the selling price per unit minus to the variable cost per unit of a…
Q: A product with the cost of R150 is selling for R200 what are the mark up percentage and gross margin…
A: Markup percentage is the gross profit expressed as a percentage of cost. Gross profit is derived by…
Q: Assume markup is based on cost. Find the dollar markup and selling price for the following problem.…
A: Sale price means the price at which an item is sold out. It can be found out by adding markup or…
Q: Compute the EOQ given the following information. The annual consumption is 6000 units, ordering cost…
A: Given, Ordering Cost = RO 60 per order Carrying Cost = 20% of price Annual demand = 6,000 unit
Q: If the sale price is 30% more than costs, and the profit for each sold unit is GHS 120, the cost…
A: Cost price per unit = Profit / Profit % of cost
Q: uct is public good, analy
A: Demand Function- Demand function is what describes a relationship among one variable and its…
Q: Find out BEP in units and value with the following data: Fixed cost - $50000 Variable cost - $40…
A: BEP in units : Fixed Cost/ (Selling Price per unit - Variable Cost Per unit) BEP in value : Fixed…
Q: How much sales are required to earn a target net income of OMR 200,000 if total fixed costs are OMR…
A: Contribution refers to earnings left after deducting all direct costs from the sales revenue. It is…
Q: A clothing company has determined that if the price of a T-shirt is K40, then 150 will be demanded…
A: When Price (P) = 40, Demand (Q) = 150 When Price (P) = 45, Demand (Q) = 100 Let the price demand…
Q: 1. Assume a retailer has fixed costs of $10,000, a unit variable cost of $25, and a 50% retail…
A: As posted multiple independent questions we are answering only first question kindly repost the…
Q: Calculate the following: (a) Prime cost (b) Factory cost (c) Production cost
A: Hi student Since there are multiple subparts, we will answer only first three subparts.
Q: If the gross profit rate on cost is 30%, what is the equivalent rate based on sales? (whole number…
A: Assume, Cost = 100 Then, Profit (100*30%) = 30 Sales (100+30) = 130
Q: Supply and demand curves for a consumer item are give by q = (s(p)=500 + p and q = D(p)=2300-2p…
A: Equilibrium Point - It is a point where aggregate demand is equal to aggregate supply in the…
Q: If Actual sales are OMR 490000, Total Fixed costs OMR 135000, Selling price per unit OMR 50, and…
A: Margin of safety is the difference of actual sales revenue and breakeven sales revenue.
Q: A) What is the EOQ? B) If they order 1000 at a time, what are total ordering and holding costs per…
A: Hi There, thanks for posting the question. But as per Q&A guidelines, we must answer the first…
Q: If the selling price is $20.80 per unit, the contribution margin per unit sold is closest to:
A: Contribution margin is the sales revenue of the business over and above all variable costs of the…
Q: Given below is the price-demand equation for the production of tennis shoes where x is the number of…
A: With the given informatiion, we can determine the revenue function and the marginal revenue function…
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A: ABC analysis is an inventory control method which include categorizing of items used in production…
Q: more, the cost drops to $70 per unit Should KIA take advantage of the quantity discount?
A: Given information is: Annual requirement = 6000 tires Ordering cost = $120 per order Carrying cost =…
Q: Suppose that the total cost to produce 200 units of a consumer item is C(200) = $3,315 and that the…
A: Total costs is the combination of fixed costs and variable costs (marginal costs)
Q: The demand for Clean-Well company's product charges P30 per liter, how much revenue the company will…
A: Answer- Consumer surplus is the maximum price that a consumer of the good is willing to pay for a…
Q: Assume a sales price per unit of $25, variable cost per unit $15, and total fixed costs of $14400.…
A: The breakeven point in dollars can be calculated as fixed cost divided by the contribution margin…
Q: An item has a 29% markup based on selling price. The markup is $400. a. Find the selling price. b.…
A: Markup refers to the profit a seller wants on the sale of the product. It is added to the cost of…
Q: For a certain product, the linear demand curve is described by the equation, Quantity = 15,449 - 405…
A: PLEASE LIKE THE ANSWER Answer: In case of linear demand curve, the equilibrium condition occurs at…
Q: Calculate the gross margin for a product with a cost price of R350 that is selling for R503.13…
A: Cost price and Selling price of a product has been given and gross margin has been asked. Cost…
Q: Assume that Demand (D)= 10,000 units and Ordering Cost (S) = $10 (per order). Suppose that we order…
A: Economic order quantity indicates the number of units to be ordered, So that company can minimize…
Q: If, Total Fixed cost OMR 3200O, Selling price per unit OMR 20, and Variable cost per unit OMR 12.…
A: Margin of safety is the difference of sales and break even sales level. The break even sales in…
Q: Consider a product market with three consumers A, B and C with demand function PA = 6 – QA, PB = 6 –…
A: Demand Function- Demand function is what describes a relationship among one variable and its…
Q: Find out the Profit volume ratio with the following data: Sales: $50000 Variable cost: $10000.
A: Profit volume ratio or P/V ratio is also known as contribution ratio shows the relationship between…
Q: If the selling price per unit is $50, the variable expense per unit is $20, and total fixed expenses…
A: The Break-even point is the point where the company is able to cover all its costs but does not make…
Q: p = -0.2x2 + 160 d the quantity x (in units of a hundred) that the supplier is willing to make…
A:
Q: Question 4: Compute the EOQ given the following information. The annual consumption is 6000 units,…
A: EOQ= 2×A×OH Where, A is Annual Demand O is Ordering Cost H is Holding Cost Annual Total Cost= (AQ×O)…
Q: Sales volumes are expected to be either 20,000 units with 60% probability or they are expected to be…
A: We have the following information: Sales volumes are expected to be either 20,000 units with 60%…
Q: using the price p=20 - .05x, use the Revenue function to find the marginal Revenue function R'(x),…
A: Hi student Since there are multiple questions, we will answer only first question.
Q: 00 Let the demand function for a product be given by the function D(q) = – 1.55q+ 220, where q is…
A: Demand Function D(q) = -1.55q + 220 Units Produced and sold (q) = 34 units Revenue per units…
Q: Assume in each case that the selling expenses are $10 per unit and that the normal profit is $6 per…
A: The question is based on the concept of Business Accounting.
Q: The demand function for a certain commodity is given by the equation p = 16 -0.04x. Exercise (a)…
A: 1(a). P(x) =16 - 0.04x, x= 200 P(200) = 16 - 0.04 x 200 = 16 - 8 = 8
Q: If an item will be priced according to a 55 percent gross margin and the item costs $20, use that…
A: Gross margin percent = 55% Cost of goods sold = $20
If the demand equation is Q = 100-10P. find the
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- If, Total Fixed cost OMR 40000, Selling price per unit OMR 20, and Variable cost per unit OMR 12. What will be the amount of profit if actual sales are OMR 120000?A clothing company has determined that if the price of a T-shirt is K40, then 150 will be demanded by T-shirt wearers. When the price is K45, then 100 T-shirts are demanded by T- shirts wearers.(a) Find the price-demand equation, assuming that it is linear.(b) Find the revenue function.(c) Find the number of items sold that will give the maximum revenue. What is the maximum revenue?(d) What is the price of each item when maximum revenue is achieved?Supply and demand curves for a consumer item are give by q = (s(p)=500 + p and q = D(p)=2300-2p respectively p is the price in dollars for one unit of this item and q is the umber of units. The equilibrium price is ' =$600 A sales tax of 3.2% to be directed at the consumers, is under consideration. Determine the amout of money per item that supplies stand to lose due to this tax which is directed at consumers.
- Complete the table using the information provided and assume a VAT rate of 15%: Mark up on cost cost price (Excl VAT) profit (Excl VAT) selling price (Excl VAT) 20% A R40 bHow do you compute the monthly margn of safety in dollars if the shop has a monthly target profit of $54000, variable costs are 20% and monthly fixted cost of $18000 and what is the margin of safety percentage of target sales?Find out BEP in units and value with the following data:Fixed cost - $50000Variable cost - $40 per unitSelling Price - $80 per unitCalculate:1) What will be the profit when the sales is $1000002) What will be the amount of sales if it desires to earn a profit of $15000
- A company wants to price its product by using target ROR method. If the investment isestimated to be 300,000, target ROR = 15 %, expected demand is 43,125 units. What is the targeted price per unit?The Weighted Mean2\ If a manufacturer buys 200 units at OMR 5 per unit from one supplier and 500 units at OMR 3 per unit from another, Find the average cost per unit accurately.If the gross profit rate on cost is 30%, what is the equivalent rate based on sales? (whole number and indicate % without space)
- Calculate the following:(a) Prime cost (b) Factory cost (c) Production cost(d) The selling price per product to gain 12% profit when the production volume of the product is 15000.The price of a product is expressed as ?, PHP = 10 – 28? where ? is the demand. Which of the following correctlyexpresses the total revenue? 10 − 28?2 28? = 10 10? − 28? 10? − 28?2if the holding cost of an item is $0.15 per unit per day, the ordering cost is $200 per order, the purchasing cost per unit is $12 for any quantity less than 500 units, and $11 otherwise. The daily demand is 80 units. Find the economic order quantity?