Yorkstar plans for a profit of ($40,000) and expects to sell 20,000 units. Variable cost is ($8)
Question:
Yorkstar plans for a profit of \($40,000\) and expects to sell 20,000 units. Variable cost is \($8\) per unit and total fixed costs are \($100,000.\) Calculate the selling price per unit.
a. $2
b. $15
C. $7
d. $20
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Joel mwangi
Greetings! I am a highly qualified and dedicated tutor with a passion for instilling a love for the sciences in my students. Holding a Master's degree in Chemistry, I bring over a decade of enriching experience in teaching both Biology and Chemistry at higher levels. My academic background has equipped me with a deep understanding of the subject matter, allowing me to foster a dynamic and engaging learning environment.
My expertise extends beyond traditional classrooms, as I have successfully navigated the realm of online tutoring for over 5 years. This experience has honed my ability to adapt to diverse learning styles and create personalized approaches that cater to individual needs. I find immense joy in breaking down complex scientific concepts into digestible, easy-to-understand components, ensuring that my students not only grasp the material but also develop a profound appreciation for the subject matter.
Beyond the confines of the laboratory, my interests span across both physical and social sciences. This broad perspective allows me to connect seemingly disparate ideas, offering a holistic understanding of the interconnectedness of various scientific disciplines. I am not only a teacher but also a lifelong learner, continuously seeking new ways to enhance my own knowledge and share these insights with my students.
One of my standout skills lies in my mastery of various writing formats. This proficiency enables me to guide students not only in understanding scientific principles but also in expressing their ideas eloquently in both oral and written forms. I firmly believe that effective communication is paramount in the learning process, and I strive to empower my students with the skills necessary to articulate their thoughts with clarity and precision.
My commitment to excellence is reflected not only in my academic qualifications and teaching experience but also in my high proficiency in the English language. Clear communication is the cornerstone of effective teaching, and I ensure that my students are equipped with the language skills needed to excel in their academic pursuits.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting For Managers Interpreting Accounting Information For Decision Making
ISBN: 9781118037966
1st Canadian Edition
Authors: Paul M. Collier, Sandy M. Kizan, Eckhard Schumann
Question Posted:
Students also viewed these Business questions
-
1. A firm consists of 600 acres of land, of which 500 acres will be planted with corn, soybeans, and wheat according to this condition: -At least half of the planted acreage should be in corn - No...
-
pleasemake an excel spread sheet where i can see the formulas!thank you very much 54. Jackson Hole Manutacturing is a small manutacturer of plastic products used In the automotive and computer...
-
Cullumber Limited was incorporated with share capital consisting of 127,000 common shares. In January 2023, it issued 21,800 mandatorily convertible preferred shares. The terms of the prospectus for...
-
If Y (p) is the laplace transform of y(t), which is the solution of the initial value problem { + y(t) = - dt p+1 1+p sin t satisfying y (0) = 1 and y'(0)=0, then the Y(p) equals P -2p + 1+p (1+p) ...
-
Use Theorem 2 to find local extrema in Problems 5-24. f(x,y) = - x2 + xy - 2y2 + x + 10y -5
-
(a) Place the following substances in order of increasing volatility: CH4, CBr4, CH2Cl2, CH3Cl, CHBr3, and CH2Br2. Explain. (b) How do the boiling points vary through this series?
-
11. Suppose call and put prices are given by Strike 80 100 105 Call premium 22 9 5 Put premium 4 21 24.80 Find the convexity violations. What spread would you use to effect arbitrage? Demonstrate...
-
Assume that the following balance sheets are stated at book value. The fair market value of James fixed assets is equal to the book value. Jurion pays $15,000 for James and raises the needed funds...
-
Moore Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $450,000 for April and $490.000 for May. Cost of goods sold is expected to be 65% of sales. The company's desired...
-
Ryanna's Flowershop sells her flower arrangements for an average price of \($30\) per bunch, with an average cost of \($20.\) Her fixed costs are \($66,000\) per year. How many flower arrangements...
-
Relay Co. makes baseballs. It can make 300,000 baseballs a year at a variable cost of \($750,000\) and a fixed cost of \($450,000.\) Relay predicts that next year it will sell 240,000 baseballs at...
-
Distinguish between "fraud" and "constructive fraud."
-
+ Given f(x) = x - 9 and g(x) = x+9, complete the following. (a) Find f(g(x)) and g(f(x)). (Simplify your answers completely.) f(g(x)) = g(f(x)) = (b) What does this tell us about the relationship...
-
Case Study - Rhonda Rhonda is a 28-year-old woman who has been referred to your agency by a local probation officer. Rhonda reported that she has "fired" three counselors in the past and most...
-
Calculating depreciationpartial periods LO2, 3 West Coast Tours runs boat tours along the west coast of British Columbia. On March 5, 2020, it purchased, with cash, a cruising boat for $936,000,...
-
Question 1. Write down the form of partial fractions needed to decompose the following: 482+2 (a) s32s24s 482+2 (c) s36s20 482 +2 - 4s8 (b) 8. 3 - 282 482+2 (d) s3 +2s2 - 2 Note: You are not being...
-
On December 31, 2022, Ace Hardware reported the following information on its balance sheet Accounts Receivable Allowance for Doubtful Accounts $900,000 $54,000 (credit) During 2023, the Company had...
-
The balances of the ledger accounts of Beldren Home Center as of December 31, the end of its fiscal year, are as follows: Cash ....................... $ 10,592 Accounts Receivable ...................
-
Solve for the equilibria of the following discrete-time dynamical systems Pr pt+1 = Pr+2.0(I-Pr)
-
(1 point) Bill makes annual deposits of $1900 to an an IRA earning 5% compounded annually for 14 years. At the end of the 14 years Bil retires. a) What was the value of his IRA at the end of 14...
-
Which of the following concerning short-term financing methods is NOT CORRECT? Short-term bank loans typically do not require assets as collateral. Firms generally have little control over the level...
-
Kingbird Corporation is preparing its December 31, 2017, balance sheet. The following items may be reported as either a current or long-term liability. 1. On December 15, 2017, Kingbird declared a...
Study smarter with the SolutionInn App