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What else can I help you with?
What is 199.01 plus 7 tax?
If an item costs $199.01 and will incur 7% sales tax, the cost with tax will be a total of $212.94. The 7% tax is equal to $13.93.
What conversion is equal to 700 kilograms?
700 kilograms is 1,543.2 pounds.
Does profit equal revenue minus cost?
Yes, profit is calculated as revenue minus costs. Revenue refers to the total income generated from sales, while costs include all expenses incurred in producing goods or services. Therefore, profit reflects the financial gain remaining after all expenses have been deducted from total revenue.
What does breakeven point mean?
Breakeven Analysis is the process of categorizing costs of production between variable and fixed components and deriving the level of output at which the sum of these costs, referred to as total costs per unit become equal to sales revenue. The analysis helps to determine the 'Breakenev Point' from this point of equality of sales revenue with total costs. At the breakeven point, the production activity neither generates a profit nor a loss. Breakeven analysis is used in production management and Management Accounting.
How many m3 to 1 ton?
The conversion from cubic meters (m³) to tons depends on the material's density. For example, 1 ton of water is approximately equal to 1 cubic meter since water has a density of about 1,000 kg/m³. However, for other materials, the conversion will vary; for instance, 1 ton of concrete might occupy about 0.5 m³, depending on its density. To convert accurately, you need to know the density of the specific material in question.
What do you call when total revenues equal total costs?
Breakeven.
When the economic best is achieved when total benefits of an activity are equal to total costs?
ture
What does a total costs equal?
TC=x^2-40x=405
Can total revenues and total variable costs be exactly equal?
Yes. Actually this means the company has zero gross profit. If on top of variable costs, there are fixed costs, the company will turn a loss.
What is happening to average total costs when they equal marginal cost?
That is were u now got your total cost
What are examples of total costs?
In a perfectly competitive market, all n firms are equal. Thus, the market total cost is the total cost (TC) of one firm multiplied by the amount of n firms in the market Total Market Cost =Variable Costs and fixed costs ...Fixed costs plus variable costs.
If the firm closes down in the short-run total cost will equal zero?
In the short run, if a firm decides to close down, its total variable costs will become zero because it stops production. However, total fixed costs, which include expenses like rent and salaries, will still exist and must be paid, meaning total cost will not equal zero. Therefore, while the firm avoids variable costs, it still incurs fixed costs, resulting in total costs greater than zero.
What are total cost of production examples?
In a perfectly competitive market, all n firms are equal. Thus, the market total cost is the total cost (TC) of one firm multiplied by the amount of n firms in the market Total Market Cost =Variable Costs and fixed costs ...Fixed costs plus variable costs.
What conditions exist for a company to break even?
When total costs and total revenues are equal, the business organization is said to be breaking even.
What is a BEP?
A BEP is a break-even point, the point at which total costs equal total revenue and the organization neither makes a profit or a loss.
Does prime cost plus conversion cost equal the cost of manufacturing?
Total Manufacturing Cost = Direct Material + Direct Labor + Factory Overheads Prime Cost = Direct material + Direct Labor Conversion Cost = Direct Labor + Factory Overhead So yes prime cost and conversion cost is equal to total manufacturing cost
Is net earnings equal to net income?
I believe so. Net Income is equal to the income that a firm has after subtracting costs and expenses from the total revenue.
