Business

Isabella Heath

1 April, 14:28

Elle's Elephant Shop sells giant stuffed elephants for $55 each. Elle incurs $10 of variable costs for each elephant and a total of $700 fixed costs. Assuming Elle will sell 35 elephants this month, which of the following statements are true? a. Profits=$875b. Total costs=$1250c. Total variable costs=$350d. Total sales=$1925

+3

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “Elle's Elephant Shop sells giant stuffed elephants for $55 each. Elle incurs $10 of variable costs for each elephant and a total of $700 ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

Marks Corporation's balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cash equivalents $ 47 $ 37 Accounts receivable 53 57 Inventory 63 60 Property, plant, and equipment 548 440 Less accumulated

The study of how growth-driven, performance-focused, early stage firms raise financial capital and manage operations and assets is called:

Quality home made ice cream has plans to pay decreasing annual dividends of $1.50, $1.25, and $1.00 over the next three years, respectively. after that, the firm will increase the dividend by 4 percent each year.

Glen filed his 2017 return on March 15, 2019. He is due a $400 refund on his 2017 return. What is the failure-to-file penalty for his 2017 return? a. $0b. $24c. $210d. $400

Dawson Electronic Services had revenues of $116,000 and expenses of $68,000 for the year. Its assets at the beginning of the year were $418,000. At the end of the year assets were worth $468,000. Calculate its return on assets. a) 11.5% b) 26.

New Questions in Business

Which of the following strategies are utilized to introduce existing products to new markets? A. Diversification B. Merger C. Market development D. Product development E. Market penetration

Which employee is the business, management, and administration career cluster who would most likely work in a cubicle

What are a list of items that the most price elastic demand

Baden Company has gathered the following information. Units in beginning work in process 0 Units started into production 44,400 Units in ending work in process 8,200 Percent complete in ending work in process: Conversion costs 40 % Materials 100 %

A company acquired a delivery truck on October 1, Year 1, for $26,000. The company estimates a residual value of $2,000 and a six-year service life. It expects to drive the truck 120,000 miles.