Answer:
The answer is: $6,900
Explanation:
To determine how much the insurance company should charge, we must first calculate the amount of money they expect to pay:
- total loss $200,000 x 0.002 = $400
- 50% loss $100,000 x 0.01 = $1,000
- 25% loss $50,000 x 0.1 = $5,000
Total $6,400
If the insurance company expects to pay $6,400 per year, they will have to charge $6,900 ($6,400 + $500) to cover their expenses and earn a $500 profit.
Answer:
True
Explanation:
Since marginal cost is above the average total cost so average total cost is rising.
Answer:
![\left[\begin{array}{ccccc}$Concept&$Base&6,000&7,500&10,000\\$Sales&6.25&37,500&46,875&62,500\\$Variable&-1.55&-9,300&-11,625&-15,500\\$Fixed&12,000&-12,000&-12,000&-12,000\\$Income&&16,200&23,250&35,000\\$Average per pizza&&2.7&3.1&3.5\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D%24Concept%26%24Base%266%2C000%267%2C500%2610%2C000%5C%5C%24Sales%266.25%2637%2C500%2646%2C875%2662%2C500%5C%5C%24Variable%26-1.55%26-9%2C300%26-11%2C625%26-15%2C500%5C%5C%24Fixed%2612%2C000%26-12%2C000%26-12%2C000%26-12%2C000%5C%5C%24Income%26%2616%2C200%2623%2C250%2635%2C000%5C%5C%24Average%20per%20pizza%26%262.7%263.1%263.5%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
Question elaborate budget for the range of 6,000 // 7,500 and 10,000 units considering the selling price per Pizza is 6.25 dollars.
a) we multiply the sales per unit by each volume sales
b) sale idea but with the variable cost
c) we also subtract the fied cost.
d) This give us the income on each volume.
Finally we also divide by the numbers of unit to determinate the gain per pizza.
Answer:
The adjusted bank and book balance is shown below:-
Explanation:
The computation of the adjusted bank and book balance is given below:-
Bank statement balance Book balance
Opening balance $26,960 $26,620
Add: Transit Deposit $3,000 Earned Interest $150
Less: Outstanding check 4000 Error on check $810
($4,900 - $4,090)
Adjusted Balance $25,960 $25,960
