A firm expects to sell 24,800 units of its product at $10.80 per unit and to incur variable costs per unit of $5.80. Total fixed costs are $68,000. The pretax net income is:

a. $56,000.

b. $68,000.

c. . $124,000.

d. $143,840.

e. $211,840.

a. $56,000.

Step-by-step explanation:

The pretax income is the income earned after the expenses incurred have been deducted from the total sales. It is the income on which the taxation rate may be applied to.

The total expense is the sum of the fixed and variable expenses. The total sales is the product of the units selling price and the number of units sold while the total variable cost is the product of the variable cost per unit and the total units.

Hence pretax income,

= $10.80(24,800) - $5.80(24,800) - $68,000

= $56,000

rick has $1400 and sally has $1500

step-by-step explanation:

to find amount of money rick has after 10 years :

principal = $1000 , time = 10 years , rate = 4% annually

to find amount of money sally has after 10 years :

her friend gives to pay her $50 per year, therefore money she has after 10 years = 50 × 10 = $500

also, sally gets $1000 after 10 years,

therefore, total amount of money sally has after 10 years = 500 + 1000 = $1500

so, after 10 years : rick has $1400 and sally has $1500