Calculate the profit or loss in each case below:
(a) Fixed costs: £9000 rent, £4000 insurance
Variable costs: £4500 wages, £500 delivery costs and £4000 in raw materials
Sales revenue: 1,500 units expected to sell at £25 each

(b) Fixed costs are £26,000 per year, and variable costs include wages at £10 per
unit, raw materials at £12 per unit and delivery/packaging at £3 per unit. It is expected that a business will make and sell 750 units during the year, with
a selling price of £26.

Answers

Answer 1

Answer:

(a) Th profit is £13,500.

(b) The loss is £25,250.

Explanation:

(a) Calculate the profit or loss

This can be calculated as follows:

Total fixed cost = Rent + insurance = £9000 + £4000 = £15,000

Total variable cost = wages + delivery costs + raw materials = £4500 + £500 + £4000 = £9,000

Total cost = Total fixed cost + Total variable cost = £15,000 + £9,000 = £24,000

Sales revenue = Units expected to sell * Price per unit = 1,500 * £25 = £37,500

Profit or loss = Sales revenue - Total cost = £37,500 - £24,000 = £13,500 profit

(b) Calculate the profit or loss

This can be calculated as follows:

Fixed cost = £26,000

Total variable cost = wages + raw materials + delivery costs  = (£10 * 750) + (£12 * 750) + (£3 * 750) = £18,750

Total cost = Total fixed cost + Total variable cost = £26,000 + £18,750 = £44,750

Sales revenue = Units expected to sell * Selling price per unit = 750 * £26 = £19,500

Profit or loss = Sales revenue - Total cost = £19,500 - £44,750 = £25,250 loss


Related Questions

Steven has 55 baseball cards. Steven and Lucas have more than 71 baseball cards together. Which of the following inequalities represents the number of baseball cards the two boys have?

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Answer:

105

Explanation:

If you need to add all of them together the answer will be 126

when they use internet ads marketers get their audience involved by using interactive content suck as​

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I believe the answer is A hope this help have a good day

Answer:links and surveys

Explanation: took the test

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Answer: i would say b

Explanation:

what are creative products example flying water bottle

Answers

Answer:

Tesla’s self driving car

Or the waterproof speaker for showers

Explanation:

A new business should be based on an entrepreneur's individual interests because the entrepreneur must...
A. have sufficient confidence to succeed.
B. be willing to take personal responsibility.
C. have enough determination to work alone.
D. dedicate as many hours as needed to the work.
Will mark brainliest!

Answers

Answer:

A.................

Explanation:

look at my pokemon

Answer:

D

Explanation: because i said so but it might not be right

When your company pays for a promotional message, that is a form of what?
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B. Public relations
C. Word of mouth
D. Market research

Answers

Answer: advertising

Explanation:

Answer:

A

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got it right on Edge

What might be an example of corporate social responsibility

Answers

funding water conservation technologies.

An example of corporate social responsibility is funding for planting trees in the city or country.

What is corporate social responsibility?

Corporate social responsibility is kind of a social responsibility of business owners and organizations towards the betterment of the society and environment. There are many ways to fulfill corporate social responsibility, such as planting trees, giving jobs to the underprivileged, funding for water and sanitation facilities, and many more.

At present times, this act of corporate social responsibility is being taken really seriously by business people, and they are fulfilling this responsibility with great zeal. There are dedicated departments in organizations that look after these activities.

Thus, planting trees is one example of corporate social responsibility.

Learn more about corporate social responsibility here:

https://brainly.com/question/13528806

#SPJ2

Entrepreneurs affect the economic decisions a country makes by:

A. convincing societies to give up their most expensive wants
B. producing useful goods regardless of their demands or scarcity
C. earning consistent salaries that make the economy more stable
D. identifying new ways for people to fulfill their wants and needs

Answers

Answer:

D. identifying new ways for people to fulfill their wants and needs

Explanation:

Entrepreneurs start new businesses in society. They are quick to spot and identify needs and wants in the market. Entrepreneurs establish businesses to provide solutions to these needs and want at a profit.

Entrepreneurs use their creativity to come up with new and unique products that offer solutions to society's problems. They innovate better products and ways of offering services that are friendly and more cost-effective. Entrepreneurship goes hand-in-hand with creativity and innovation.

Alejandro works nights at a restaurant. His job is to prepare drinks for customers. He serves drinks directly to customers who sit nearby, but he also makes drinks for waiters to take to customers throughout the restaurant. Alejandro is most likely a...

Mei works long hours in a restaurant. She plans the menu for the restaurant, supervises kitchen staff, and cooks food. Mei is most likely a...

Answer: Alejandro is a bartender and Mei is a Chef or cook

Answers

Answer:

Alejandro is a bartender and Mei is a Chef or cook

Explanation:

He wrote the correct answer but it wouldn't pop up first so I answered it.

Answer:

the guy above is correct.

Explanation:

HELP PLEASE!
1. Alex loves to build things and wants to study robotics. He needs to get a job over
the summer but the only one he can find is at a fast food restaurant Does taking
the job mean that Alex cannot pursue a career in robotics? Explain your answer

Answers

Answer:

He can take the job at the fast food restaurant to make money in order to pursue his career in robotics it doesnt mean he cant pursue it just he needs to make money for it first.

Where should a worker go for equipment to help put out a small fire?

Where could a supervisor get a bandage for a worker with a cut hand?

Where should a supervisor go to call for an ambulance after a worker breaks a leg?

Answers

Answer:

a. the front east wall

b. the floor manager’s office

c. the employee cafeteria

Explanation:

(A) A worker should go for tools to support putting out a small fire on the front east wall. DON’T pick individual belongings: Fires spread fast.

Who is Supervisor?

(B) A supervisor obtains a bandage for an employee with a cut hand in the floor supervisor’s office.

(C) A manager goes to call for an ambulance after an employee breaks a leg in the employee cafeteria.

While it’s comprehensible that employees will be shocked during a fire, keeping a level leader is important to survival. Fortunately, manipulating fire drills should support provide a calm reaction since everyone will comprehend exactly what to do.

Wrap the wound with a bandage, stay away from food and prep spaces, protect the hand with a glove and finger cot, and protect the wound with a bandage and a glove or a finger cot.

we would extremely advise you to directly administer First Aid and call an ambulance if somebody: Appears not to be breathing, is holding chest pain, working to breathe, or breathing strangely -appearing to ‘suck in’ below their rib cage and utilizing different muscles to support them to breathe.

Find more information about Supervisor here:

https://brainly.com/question/26143012

Dont give some bolonie long answer just say a, b, c , or d and If you don’t now or you think you now don’t answer thanks


Which HTML tag is formatted correctly?

This is a heading
This is a heading
This is a title
This is a paragraph

Answers

Answer:

your answer is

B. This is a heading

good luck :)

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