The right answer is b. The output units sold totaled 8,000. The sales revenue reached $9,600,000. Variable costs stand at $6,000,000, with fixed costs amounting to $2,600,000. The product's price is $1,200. Average variable cost calculates to $750. Profit calculation results in TR - TC, hence Profit = $1,270,000 = $1,200Q - $750Q - $2,600,000. Resulting in $3,870,000 = $450Q, thus Q is 8,600 units.
Answer: To optimize profit, the production will entail: 400 luxury units and no standard ones. Explanation: For luxury items, raw material and labor yield higher profitability. Thus, maximizing luxury output becomes the focus, utilizing all available labor hours while ensuring no production for standard due to resource constraints.
Executives and managers dedicate more time to listening than employees do because they hold the ultimate responsibility for decision-making. Careful evaluation of alternatives and thorough consideration of opinions generally yield superior results for the organization. Before making decisions, executives and managers seek out feedback and perspectives from their team members.
Answer: Selling Price = $9803.92
Explanation:
Details:
A Treasury bill has a return of 2% every 6 months.
Time duration = 6 months
Return rate = 2% per 6 months
Selling Price of the Treasury bill = 
Selling Price = 
The expected selling price for a 6-month Treasury bill is $9803.92.
