Answer:
Number of vehicles to be sold to reach break-even point is 200,000 unit
Explanation:
<em>Computation of Dealer’s Discount:
</em>
Dealer Discount = MSRP * Rate of Discount
=$30,000×10%
=$3,000
<em>Computation of net selling Price: </em>
Net Selling Price = MSRP - Dealer ′
s Discount
=$30,000 - $3,000
=$27,000
<em>Computation of Contribution Margin: </em>
Contribution Margin = Net Sales - Unit Cost
=$27,000 - $20,000
=$7,000
<em>Compute the number of units to reach break-even point for Firm X.</em>
Break-even point = Fixed cost / Contribution per unit
=$1,400,000,000 / $7,000
=200,000 units
Therefore, number of vehicles sold to reach break-even point is 200,000.
Nb: MSRP means manufacturer's suggested retail price
You have to do A. Address problem with counterplan I just took the unit test I know for sure
Answer:
$12,600
Explanation:
Excess tax depreciation 20X1 = 100,000 - 40,000
Excess tax depreciation 20X1 = $60,000
Tax rate = 21%
Ending balance of deferred taxes payable = Excess tax depreciation 20X1 * Tax rate
Ending balance of deferred taxes payable = $60,000*21%
Ending balance of deferred taxes payable = $12,600
So, the ending balance of deferred taxes payable as of December 31, 20X1 is $12,600.
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A monopolist has market power because it faces a downward-sloping demand curve for its own output.
A monopolist has market power because he is a price maker and not a price taker.
- A monopolist undergoes a downward-sloping demand curve for its own output.
- When a firm, primarily in a monopoly, increases its market price by decreasing its output, it exerts its price-making abilities.
- As a price maker, a monopoly will always face a downward-sloping demand curve.
- A downward-sloping demand curve indicates that a greater quantity of a commodity would be demanded when the price is lower.
- A monopolist has more leeway in determining the output and prices.
- Since, a monopolist has market power, they determine the price of the commodity, facing a downward-sloping demand curve at all times.
Therefore, a monopolist has market power because it faces a downward-sloping demand curve for its own output.
Learn more about a monopoly here:
brainly.com/question/13113415
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