Social Studies, 27.11.2019 01:31 tmkyer2

Brenda’s boards manufactures skateboards. each skateboard sells for $45 and includes the following expenses: $3 for the wheels and mounts, $1 for the plastic board, $1 for the paint, and $10 for the labor. what is the total revenue the company makes after selling 10 boards?

Answers: 2

Show answers

Answers

Answer from: iva60

The total revenue generated by the company is $300.

Further Explanation:

Total Sales is the value of the goods to be sold in a particular period by the company. It represents the total sales value.

$\begin {aligned}\text{Total Sales}& = \text{Number of Units sell}\times\text{Selling Price}\\&=10\times\$45\\&=\$450\end{aligned}$

Total Cost includes all the expenses incurred in manufacturing a good. It includes direct and indirect costs. Direct cost is those costs which directly related to the manufacturing of the goods. For example, direct labor and direct raw material cost. Indirect cost is those cost which is not direct to the cost of produced goods. It can be apportioned according to the quantity of the product. For example, electricity used in manufacturing goods, rent paid all these costs are related to the indirect cost. The total cost can get by multiplying the per-unit cost with the units sold.

$\begin {aligned}\text{Total Cost}& = \text{Cost of Plastic Board+Wheels and Mounts+Labor Cost+Cost of Paint}\\&=\$10+\$30+\$100+\$10\\&=\$150\end{aligned}$

Total Revenue can be computed by the difference between the total sales and total cost. It means the profit generated by the business after deducting all the costs.

$\begin {aligned}\text{TotalRevenue}& = \text{Total Sales - Total Cost }\\&=\$450-\$150\\&=\$300\end{aligned}$

Thus the company generated $300 revenue after selling 10 skateboards.

Learn more:

1.Learn more about the cost

2.Learn more about the profit

3. Learn more about the sale

Answer details:

Grade: Middle School

Subject: Economics

Chapter: Cost and Revenue

Keywords: total sales, total revenue, direct cost, indirect cost, per unit cost, profit generated, represents total sales value, labor cost, product cost, total cost.

Answer from: Quest

abolish

do away with

unanimous

in complete agreement

secede

separate; break free

inauguration

starting a new position with a formal ceremony.

cooperationist

people who wanted the north to cooperate with the south

surrender

to give up

volunteer

perform a service for free

draft

involuntary service in military

retreat

withdraw; move away from enemy

advisor

expert who gives advice

explanation:

Answer from: Quest

i think colonial period |-/

Another question on Social Studies

Social Studies, 22.06.2019 11:00

Which choice best describes the general trend for the countries shown, for the period 2008 - 2010?

Answers: 2

Answer

Social Studies, 22.06.2019 14:00

Provide an example of how you have successfully taken into account individual differences in dealing with people. in what way did your approach make a difference in the outcome of the interaction with that person?

Answers: 1

Answer

Social Studies, 22.06.2019 14:00

Restricting immigrants from entering a country may be based on what belief?

Answers: 1

Answer

Social Studies, 22.06.2019 14:30

At 3476 kilometer the moon's diameter is slightly less than the distance across from what

Answers: 1

Answer

You know the right answer?

Brenda’s boards manufactures skateboards. each skateboard sells for $45 and includes the following e...