A business owner makes 50 items by hand in 40 hours. She could have earned $20 an hour working for someone else. Her total explicit costs are $200. If each item she makes sells for $15, her economic profit equals:

Sarah makes bracelets and necklaces to sell at a craft store. Each bracelet makes a profit of $7, takes 1 hour to assemble, and costs $2 for materials. Each necklace makes a profit of $12, takes 2 hour to assemble, and costs $3 for materials. Sarah has 48 hours available to assemble bracelets and necklaces. (𝑥=number of bracelets, 𝑦=number of necklaces).Maximize     𝑍=12𝑥+7𝑦Constraints:   𝑥≥0,𝑦≥0                           2𝑥+3𝑦≤78                        𝑥+2𝑦≤48 22. How much optimum profit did she realize?Group of answer choicesP 468P 270P 300P 168

The total cost (in dollars) for a company to manufacture and sell 𝑥 items per week is 𝐶=50⁢𝑥+2960, whereas the revenue brought in by selling all 𝑥 items is 𝑅=140⁢𝑥-0.6⁢𝑥2. How many items must be sold to obtain a weekly profit of $400?Hint: Profit = Revenue - Cost.They need to sell or items.

Our company sells a product for $120 per unit. Variable costs are $90 per unit and fixed costs are $4,000. The company expects to sell 200 units this year. How many units must we sell to earn a profit of $2,000?Group of answer choices200250300340

A business has fixed costs of $3,570 per month and the product sells for $105. The variable cost is $26 per unit.The business wishes to make a profit of $4,227 AFTER tax.How many units must be sold? Answer in whole units only.

Using the information below, what would be the profit under variable costing and absorption costing, respectively?Sales $120,000Units Produced 35,000Units Sold 33,260Budgeted and actual fixed overhead cost $84,000Direct manufacturing cost $21,000Selling and administrative expenses $6,000