Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 03, 2024

you are running a watch manufacturing business.you have a Fixed Cost of $4,500 for the year.Each watch has a Selling Price of $200.It cost you

you are running a watch manufacturing business.you have a Fixed Cost of $4,500 for the year.Each watch has a Selling Price of $200.It cost you $50 to make each watch.

Write an equation that shows your costs: Cost(x)=Cost per Watch*Number of Watches Made (x) +Fixed Costs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Modern Project Finance A Casebook

Authors: Benjamin C. Esty

1st Edition

0471434256, 978-0471434252

More Books

Students also viewed these Finance questions

Question

★★★★★

Early this year, a taxpayer was clearing dry brush from behind his Malibu home in California. He became frustrated with how long it was taking using his clippers. He decided instead to light the...

Answered: 1 week ago

Question

★★★★★

Eliminations Kim Co Normal Co DR CR Consolidated Balance Sheet Cash $ 55,000 $ 35,000 $ 90,000 Accounts Receivable $ 90,000 $ 65,000 $ 145,000 Inventory $ 84,000 $ 80,000 $ 164,000 Buildings &...

Answered: 1 week ago

Question

★★★★★

4. 16. Sources and uses of cash [LO 3.1] For each account on this companys statement of financial position, show the change in the account during 2020 and note whether this change was a source or use...

Answered: 1 week ago

Question

★★★★★

Use the information provided below to a. Compute the December 31, 2010 PBO and FMV of pension assets. b. Compute 2010 pension expense. c. Use the financial statements effects template to show the...

Answered: 1 week ago

Question

★★★★★

you are running a watch manufacturing business.you have a Fixed Cost of $4,500 for the year.Each watch has a Selling Price of $200.It cost you $50 to make each watch. Write an equation that shows...

Answered: 1 week ago

Question

★★★★★

The basic elements of modern portfolio theory will proposed by Dr Harry M Markowitz in 1 9 5 2 he provided a theoretical

Answered: 1 week ago

Question

★★★★★

I need help with these questions with an explanation Jim invests $20,000 cash into his new company names JR, Inc. The company issues Jim common stock. The journal entry to record this transaction...

Answered: 1 week ago

Question

★★★★★

Diana is 7 years away from retirement and wants to have a total of $125,000 saved by then. She expects to earn 9% compounded semiannually on her investments. IF she currently has $50,000 saved, how...

Answered: 1 week ago

Question

★★★★★

What is the weight of Amphotec , an antibiotic preparation for aspergillus infection, necessary for a 135 pound patient at the rate of 3.5 mg/kg per dose?

Answered: 1 week ago

Question

★★★★★

98% Several students in a preschool class are having difficulty tracing lines and forming the letters of their own names using the correct direction and sequence. The teacher asks the COTA for...

Answered: 1 week ago

Question

★★★★★

The system shown starts from rest. The length of the upper cord is adjusted so that A, B, C are initially at the same level. Each component moves with constant acceleration. After 2 seconds, block C...

Answered: 1 week ago

Previous Question Next Question