Opportunity cost is the difference between the value of a different option and the value of the one that is selected.
Opportunity cost is a notion used in decision-making to assist people and organisations in making better decisions, primarily by taking the alternatives into account.
What are the advantages of opportunity costs?
One of the key advantages of opportunity costs is that they make you contemplate the fact that, when choosing between possibilities, you lose something in the one that is not chosen. Considering your opportunity cost also gives you the ability to assess the relative costs and advantages of other options, which is a crucial advantage. Choose the option that delivers the best overall value for your money by comparing the total costs of each.
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3. Each time you sell a stock to make a profit, you must pay tax on the money you
make (the difference between the buying and selling price). This is called capital
gains tax. Do you think capital gains tax is a good idea? Why or why not? (10
points)
Capital Gains Tax from the perspective of public adminstration is a good idea.
Why is capital gains tax important?Capital gains are earnings obtained through the sale of an investment, such as stocks, bonds, or real estate. Capital gains taxes are lower than conventional income taxes, giving investors an edge over wage earners.
Capital gains taxes provide money for the government while accounting for economic costs.
Capital gains are taxed based on when they are realized. The conclusion is that the tax is only levied when investors opt to remove their investment from the market, resulting in capital gain.
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If you hire a tax preparer, then you don't have to supply all accurate and complete tax information.
T True
OF False
The statement, if you hire a tax preparer, then you don't have to supply all accurate and complete tax information, is true.
Just knowing that a professional tax preparer is handling your taxes reduces stress. As, making mistakes here can become very costly. In terms of missed deductions or triggering an IRS letter or an audit, a tax professional can help eliminate errors by ensuring that your returns are prepared correctly.
So anyone with a relatively complicated tax situation can thus benefit from hiring a professional. Suppose if you own a business and have lots of different expenses to deduct, it may be worth paying someone who can help you in navigating your return.
Hence, option A is correct.
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why do people sell a business and why is this important to an entrepreneur
Selling a business is important to an entrepreneur because it can provide capital, allow for pursuit of personal goals, and enable the realization of the full potential of their creation.
People sell a business for various reasons, such as retirement, financial reasons, or to pursue other interests. Selling a business can also be an opportunity to cash in on the hard work and value that has been built over time. For entrepreneurs, selling a business can provide the capital needed to start a new venture or to fund personal goals.
It can also be a way to exit a business that is no longer viable or desirable. Furthermore, selling a business can help entrepreneurs realize the full potential of their creation by allowing it to be taken over by a more capable entity that can continue to grow and thrive.
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Two firms can control the emissions of a pollutant by incurring the following marginal abatement cost and total abatement cost.
Firm 1: MAC_1=300−10E_1 TAC_1=300E_1−5E_1^2
Firm 2: MAC_2=90−5E_2 TAC_2=90E_2−2.5E_2^2
Assume that the current target level of pollution is 30 units (total) under a standard. We do not know if this is the socially efficient level or not. Each firm is limited to 15 units each.
The government is debating a levying a unit tax. However, it does not know what it should set the tax rate at, such that, in total, 30 units of pollution are still produced for the whole region. Answering the following questions will help you.
1. [4 points] find the tax rate such that abatement by the firms is total at 30.
2. [2 points] find each firms total abatement cost (TAC) at that found tax rate.
3. [1 point] find the tax payment by each firm.
4. [3 points] what issues should the government worry about when switching from a standard to a emission charge? (logistic problems of implementing such policy)
A 5-year treasury bond with a coupon rate of 8% (paid semiannually) has a face value of $1,000. What is the semiannual coupon payment
Answer:
$40
Explanation:
Coupon payment = Face value * Coupon rate * 1/2
Coupon payment = $1,000 * 8% * 1/2
Coupon payment = $1,000 * 0.08 * 1/2
Coupon payment = $40
So, the semiannual coupon payment is $40.
Book-keeping is an art of recording________
Answer:
Bookkeeping is an art of recording financial transactions suck as sales , purchases etc
Explanation:
Answer:Bookkeeping is the recording of financial transactions. Transactions include sales, purchases, income, receipts and payments by an individual or organization. Bookkeeping is usually performed by a bookkeeper.
Explanation:
Who will get the better loan rate from the banker and why
Answer:
d. on t4l
Explanation:
harold pays his bills on time.
Amarillo Company experienced the following events during its first accounting period. (1) Purchased $5,000 of inventory on account. (2) Returned $50 of the inventory purchased in Event 1. (3) Sold the inventory for $6,000 cash. Based on this information, which of the following shows how the recognition of the return will affect the Company’s financial statements.
Answer 1 A.
Option 1
Balance Sheet Income Statement
Assets = Liab. + Equity Rev. - Exp = Net Inc. Statement of cash flows
(50) (50) NA NA NA NA NA
Explanation:
Purchased return on account will decrease the assets (inventory balance) & also decrease the liability (Accounts payable). Income statement & cash flow statement are not affected.
Answer 1 A. $4,000
Explanation:
Inventory balance = Purchase - Purchase return
]= $5,000 - $1,000 = $4,000
Answer 1 C.
Option 4
Balance Sheet Income Statement
Assets = Liabs + Equity Rev - Exp = Net income Statement of cash flows
NA NA NA NA NA NA 100 OA
Explanation:
Purchased return on cash will decrease the assets (inventory balance) & also increase the assets (Cash balance). Thus impact on assets are net off. Income statement & liability are not affected.
Decrease in inventory balance will increase the cash infow from operating activities of Statement of cash flows
The recognition of the $50 in returned inventory would result in the following changing of the company's financial records:
The return would reduce the inventory on the balance sheet by $50, thereby reducing the asset's value. Reducing accounts payable will also reduce liabilities by the same amount. The return will not have a significant impact on the income statement as it has nothing to do with the revenue or cost of the company's core operations.
Only if a cash refund was included would the return have an impact on the cash flow statement. Hence the cash return will be noted as a flow in the section for operating activities. Ultimately, returns will primarily affect the balance sheet by reducing inventory and accounts payable, while having no immediate impact on the income statement.
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there are 9 steps in the accounting cycle. match the action to the correct step in the accounting cycle.
the appropriate stage of the accounting process. analyze business transactions, journalize transactions, post transactions to ledger accounts, prepare trial balances, prepare adjusted trial balances, prepare financial statements, journalize and post closing entries, and prepare post-closing trial balances.
What is meant by accounting cycle?A company's accounting events are identified, examined, and recorded as part of the accounting cycle. It follows a typical 8-step procedure that starts when a transaction takes place and ends with its inclusion in the financial statements.
The eight-step accounting cycle's essential steps include journal entry recording, publishing to the general ledger, determining trial balances, making adjusting entries, and producing financial statements.
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what are the source of law ?
____ is the production of goods or services within an economy and can include anything from farming, to furniture making, to healthcare services.
Answer:
I believe it's a market economy.
Explanation:
Consider a firm that sells lamps in a perfectly competitive market. As its sales go up from 10 lamps to 11 lamps, its total revenue increases from $500 to $550. What is the marginal revenue of this firm
Answer:
The marginal revenue is $50
Explanation:
MR = 50
The marginal revenue is the increase in revenue brought about by sale of one extra unit. In this case, that would be $50.
Marginal Revenue
= change in total revenue / change in quantity
= 550−500 / 11−10
= 50/1 = $50
MR=$50
Using the readings for this unit as a guide, discuss what you see as the role of ethics as it pertains to management and managers. Does management, in your view, help shape the values and ethics of an organization? What about an organization’s sustainability efforts and commitment? On whom does the responsibility to consider sustainability fall? Is employee behavior, ethical or not, a by-product of the organization's ethical climate? What ideally is the manager's role in helping to create and maintain organizational integrity?
Managers must be committed to making decisions in accordance with core values such as honesty, integrity, respect for others, taking responsibility for their actions and being accountable for them. To be an effective, ethical leader, managers must learn how to spot ethical issues in their organization.
Social responsibility is a business's duty to make ethical decisions that positively impact society. Organizations need to consider how their actions affect communities to create long-lasting trusting relationships. In order to be socially responsible, companies must strictly follow their codes of ethics.
If you want to buy a $245,000 house with a 15% down payment, how much will you be borrowing from the bank? If the interest you will pay is $210,000 total, how much total (interest and principal) will you pay on the borrowed money over the 30 years of your mortgage?
Answer:
Explanation:
year and any subsequent word will have to be ignored because we limit queries to 32 words.
For a home price of $250,000 the minimum down payment would be $8,750.
Phương pháp công ty Samsung xác định giá, phân tích ưu/ nhược điểm:
help me
Boehm Corporation has had stable earnings growth of 7% a year for the past 10 years, and in 2019 Boehm paid dividends of $3 million on net income of $5 million. However, net income is expected to grow by 26% in 2020, and Boehm plans to invest $3.0 million in a plant expansion. This one-time unusual earnings growth won't be maintained, though, and after 2020 Boehm will return to its previous 7% earnings growth rate. Its target debt ratio is 36%. Boehm has 1 million shares of stock. Calculate Boehm's dividend per share for 2020 under each of the following policies:
Boehm Corporation's dividend per share is computed according to the given policies as follows:
for 2020 if its 2020 dividend payment is set to force dividends per share to grow at the long-run growth rate in earnings is: $3,210,000;The dividend per share if the 2019 dividend payout ratio continues - $,378,000The use of pure residual policy with all distribution in form of dividends - $4,380,000Extra dividend - $2,900,000.The calculation explaining the above is as followsA) The formula for the Dividend payout ratio is:
Dividend/Net Income
For 2019 therefore,
Dividend payout = ($3,000,000/$5,000,000) * 100
= 60%
Income for 2020 at a growth rate of 7% = $ 5,000,000 * 1.07 (that is 107%)
= $5,350,000
Hence the Dividend for 2020 = $5,350,000 * 60% = $3,210,000
Hence, Dividend Per Share (since there are no special dividend or share outstanding) = $3,210,000
B) The dividend per share if the 2019 dividend payout ratio continues
Dividend = Net income * payout ratio
Dividend = $5,000,000* 1.26 * 60%
Dividend = $3,780,000
C) Where there is the use of pure residual policy with all distribution in form of dividend
Total Investment = $3,000,000
Debt finance = $3,000,000 * 36% = $1,080,000
Note that the Dividend for 2020 = Net Income - (Capital investment - Investment via debt financing)
Dividend = $6,300,000 - ($3,000,000 - $1,080,000)
Dividend = $6,300,000 - $1,920,000 = $4,380,000
D) Extra dividend calculated
Total Dividend = Regular dividend at long-run growth rate + extra dividend
Debt ratio = 30%
Equity ratio = 100% - 30% = 70%
Extra Dividend = Net income - (Equity ratio * Investment)
Extra Dividend = $5,000,000 - ($3,000,000 * 70%)
Extra Dividend = $5,000,000 - $2,100,000 = $2,900,000.
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Full Question:
Boehm Corporation has had stable earnings growth of 7% a year for the past 10 years, and in 2019 Boehm paid dividends of $3 million on net income of $5 million. However, net income is expected to grow by 26% in 2020, and Boehm plans to invest $3.0 million in a plant expansion. This one-time unusual earnings growth won't be maintained, though, and after 2020 Boehm will return to its previous 7% earnings growth rate. Its target debt ratio is 36%. Boehm has 1 million shares of stock.
1) Calculate Boehm's dividend per share for 2020 under each of the following policies: Its 2020 dividend payment is set to force dividends per share to grow at the long-run growth rate in earnings. Round your answer to the nearest cent.
2) It continues the 2019 dividend payout ratio. Round your answer to the nearest cent. $ It uses a pure residual policy with all distributions in the form of dividends (36% of the $3.0 million investment is financed with debt). Round your answer to the nearest cent.
3) It employs a regular-dividend-plus-extras policy, with the regular dividend being based on the long-run growth rate and the extra dividend being set according to the residual policy.
What will the extra dividend be? Round your answer to the nearest cent.
The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.
The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.
1. The US Senate passed the 2022 Defense Authorization Act.
2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.
3. The total amount allocated for the Defense Authorization Act is $768 billion.
4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.
5. The Act represents a 5% increase in the US defense budget when compared to the previous year.
6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.
7. The Act was passed overwhelmingly, indicating strong support from the Senate.
8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.
9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.
10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.
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Mac Book Air is selling for $1,799 now. Apple's financing plan dictates an annual percentage rate (APR) of 18.25% with equal monthly payment for 68 months. The first monthly payment is due immediately. How much are consumers required to pay each month for one Mac Book Air under this plan
The consumers are required to pay $334.11 each month for one Mac Book Air under Apple's financing plan.
The consumers are individuals or households who purchase and use goods and services to satisfy their needs and wants. They are the end-users of products and services offered by businesses and organizations.
In the context of economics, consumers are an essential part of the demand side of the market, driving the production and distribution of goods and services.
To determine the monthly payment required under Apple's financing plan, we can use the formula for the equal monthly payment of a loan
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A prepared speech delivered without notes, or with minimal notes is called a(n) __________________ speech.
a. impromptu
b. manuscript
c. memorized
d. extemporaneous
Answer:
D. extemporaneous
Explanation:
The price of a European call option on a stock with a strike price of $50 is $6. The stock price is $51, the continuously compounded risk-free rate (all maturities) is 6% and the time to maturity is one year. A dividend of $1 is expected in six months. What is the price of a one-year European put option on the stock with a strike price of $50?
Answer:
$3.06
Explanation:
The put call parity shows the relationship between the price of European put options and European call options of the same strike price and expiry date.
Given that:
Strike price (K) = $50
Price (C) = $6
rate (r) = 6% = 0.06
Stock price (SO) = $51
Time (T) = 1 year
Dividend (D) = $1
The period of dividend (t) = 6 months = 0.5 years
The put call parity (P) is given by the equation:
\(P+SO=C+Ke^{-rT}\\P=C+Ke^{-rT}-SO\)
The dividend present value = \(De^{-rt}=1e^{-0.06*0.5}=\$0.97\)
\(P=C+Ke^{-rT}-SO\\P=6+50e^{-0.06*1}-(51-0.97)\\P=6+47.088-50.03\\P=\$3.06\)
What is wrong with this sentence? The report applies to western Europe, where people are interested in these exports.
The issue with the sentence is that : The sentence is grammatically correct, but it is unclear what "these exports" refer to
What is wrong with this sentence?The sentence is grammatically correct, but it is unclear what "these exports" refer to. To improve clarity, the sentence should be revised to provide more context or specificity about the exports in question.
For example: "The report applies to western Europe, where people are interested in buying cars from Japanese manufacturers."
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1. Demonstrate understanding of the value of auditing in an economy and theories explaining the demand for auditing;
2. Discuss the role of auditing and other assurance services in society and the public’s expectation for these services.
3. Describe issues associated with the audit of public sector, not-for-profit and small business entities.
4. Critically evaluate the professional, legal, ethical and regulatory framework within which audits and other assurance engagements are carried out,;
5. Discuss current developments in auditing.
6. Audits can be categorized into different types: Like; (1) financial statement audits, (2) compliance audits, (3) operational audits, and (4) forensic audits.
Required: For each of the following descriptions, indicate which type of audit (financial statement audit, compliance audit, operational audit, or forensic audit) best characterizes the nature of the audit being conducted. Also indicate which type of auditor (external auditor, internal auditor, government auditor, or forensic auditor) is likely to perform the audit engagement.
a. Determine the fair presentation of Ajax Chemical’s balance sheet, income statement, and statement of cash flows.
b. Review the payment procedures of the accounts payable department for a large manufacturer.
c. Examine the financial records of a division of a corporation to determine if any accounting irregularities have occurred.
d. Evaluate a company’s computer services department in terms of the efficient and effective use of corporate resources.
e. Audit the partnership tax return of a real estate development company.
f. Investigate the possibility of payroll fraud in a labor union pension fund.
g. Examine contractual agreements with bankers and other lenders to be sure the company is complying with legal requirements
1. Auditing plays important role by providing assurance and credibility to financial statements which enhances investor confidence and promotes efficient allocation of resources.
Why is auditing important for the economy?Auditing is essential for the economy as it helps maintain trust and confidence in the financial information reported by businesses. By conducting independent assessments of financial statements, auditors provide assurance to stakeholders that the information is reliable and accurate.
This assurance is particularly valuable for investors, creditors, and other parties who rely on financial statements to make informed decisions. Auditing also helps detect and prevent fraud, mismanagement, and other financial irregularities and thereby safeguarding the integrity of the financial system.
2. Auditing and other assurance services play a vital role in society by providing independent evaluations of financial statements and other information enhancing the reliability and credibility of financial reporting.
3. Issues associated with the audit of public sector, not-for-profit, and small business entities include unique reporting requirements, limited resources etc.
4. The professional, legal, ethical, and regulatory framework surrounding audits and assurance engagements should be critically evaluated to ensure independence, competence, integrity, adherence to standards, and the protection of public interest.
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2. Which group listed below can be used to set indents and
spacing?
Explanation:
nothing is listed below
Addison Co. budgets production of 2,450 units during the second quarter. Other information is as follows: Direct labor Each finished unit requires 5 direct labor hours, at a cost of $10 per hour. Variable overhead Applied at the rate of $12 per direct labor hour. Fixed overhead Budgeted at $500,000 per quarter. 1. Prepare a direct labor budget. 2. Prepare a factory overhead budget.
Answer:
Results are below.
Explanation:
First, we need to prepare the direct labor budget:
Direct labor budget:
Total direct labor hours required= 2,450*5= 12,250
Total direct labor cost= 12,250*10= $122,500
Now, the factory overhead budget:
Factory overhead budget:
Total variable overhead= 12*12,250= $147,000
Total fixed overhead= $500,000
Total overhead= $647,000
explain one role of the forms of ownership in developing the economy
Answer:
Sole Proprietorship
Explanation:A sole proprietorship is when there is a single fouder who owns and runs the business.
Hope this helps you!!
A common form of ownership in developing countries is the sole proprietorship.
A sole proprietorship is someone who owns a business and runs the business on his own. In this form of ownership, there's no legal distinction between the owner and the business. Example of sole proprietorship is a barber, a trader etcA sole proprietorship is easy to start, it ha fewer registration fees and it's a simplified business ownership. In developing countries, there are several business owners who are sole proprietors. They sell goods and provide services to the public.Some of the disadvantages of the business ownership include:
Limited capitalLack of continuityManagement skills are limited.Read related link on:
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Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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Fill in the blank. The of an event A is the event that A does not occur.
The complement of an event A is the event that A does not occur in any account is known as an impossible event.
What are the events?The event, incident, episode, and scenario all refer to an occurrence or occurrence. A happening that occurs without intention, choice, or plan is referred to as an occurrence. a fortuitous meeting that happened to occur.
As, in the event, there are certain possibilities is there that it will occur or not. One less than the likelihood that an event will take place gives us the likelihood that it won't.
Therefore, As a result, The impossible event is known as the event that A does not occur.
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Select the best answer for the question.
4. One component of the agreeableness trait is altruism. Altruism means
O A. the need for personal success and to see others fail.
O B. the desire to help others, or the concern for the welfare of others.
O C. the ability to take and give criticism.
O D. poor self-confidence.
One component of the agreeableness trait is altruism. Altruism means the desire to help others, or the concern for the welfare of others. The correct option is (B).
What do you mean by an agreeableness?Trust, frankness, benevolence, compliance, humility, and tender-mindedness are the lower-level characteristics or aspects that makeup agreeableness.
Altruism is characterized by selflessness and care for the well-being of others. Although someone can overdo charity to the detriment of their own personal well-being, this is a commendable attribute.
Therefore, one component of the agreeableness trait is altruism. Altruism means the desire to help others, or the concern for the welfare of others.
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The information of manufacturing cost of product A and products B in
THANH company in 200N as follows:
Production cost per unit (S)
Product A
Materials 200
Wages 100
Fixed overhead 350
Variable overhead 150
Profit 200
Selling price 1000
Output per week 200
Product B
Materials 150
Wages 200
Fixed overhead 100
Variable overhead 200
Profit 350
Selling price 1000
Output per week 100
Required:
Comments on the relative profitability of product A and products B in THANH company in 200N
Manufacturing cost of both product A and product B have a profit margin of $0 per unit.
To assess the relative profitability of product A and product B in the THANH company in 200N, we need to compare their profit margins. Profit margin is calculated by subtracting the production cost per unit from the selling price per unit.
Let's calculate the profit margins for both products:
Product A:
Selling price per unit: $1000
Production cost per unit: $200 (Materials) + $100 (Wages) + $350 (Fixed overhead) + $150 (Variable overhead) + $200 (Profit) = $1000
Profit margin per unit = Selling price per unit - Production cost per unit = $1000 - $1000 = $0
Product B:
Selling price per unit: $1000
Production cost per unit: $150 (Materials) + $200 (Wages) + $100 (Fixed overhead) + $200 (Variable overhead) + $350 (Profit) = $1000
Profit margin per unit = Selling price per unit - Production cost per unit = $1000 - $1000 = $0
From the calculations, both product A and product B have a profit margin of $0 per unit.
Based solely on the profit margins, it appears that neither product A nor product B is profitable for the THANH company in 200N. However, it's important to note that this analysis only considers the production cost per unit and does not take into account other factors such as demand, market conditions, or overall company profitability.
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A manufacturer sells his product at $23 per unit, selling all he produces. His fixed cost is $18,000 and his variable cost per unit is $18.50. The level of production at which the manufacturer breaks even is
Answer:
4000 Units
Explanation:
x = number of units made and sold
C(x) = cost
C(x) = 18.50x+18000
R(x) = revenue
R(x) = 23x
Breakeven point occurs when the cost and revenue are the same, which produces a profit of 0 dollars.
R(x) = C(x)
23x = 18.50x+18000
23x-18.50x = 18000
4.50x = 18000
x = 18000/(4.50)
x = 4000