1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lilit [14]
2 years ago
10

Variable costs per unit: Manufacturing: Direct materials $ 26 Direct labor $ 10 Variable manufacturing overhead $ 2 Variable sel

ling and administrative $ 4 Fixed costs per year: Fixed manufacturing overhead $ 987,000 Fixed selling and administrative expense $ 475,000
Business
1 answer:
Alex_Xolod [135]2 years ago
5 0

The company's break even points in unit sales is 43,000 units.

Above the actual sales volume of 42,000 units is the break-even point.

<h3>What is Break Even point?</h3>
  • In economics, business, and particularly cost accounting, the break-even point is the point at which total cost and total income are equal, or "even."
  • Although opportunity costs have been paid and capital has received the risk-adjusted, projected return, there is no net loss or gain, and one has "broken even."
  • A graph with a function that represents the fixed costs is also helpful.
  • No matter how many units are manufactured, the fixed cost is always 1200, hence the fixed costs function is shown as a horizontal line (FC = 1200).
  • Any of the following will raise the break-even point: an increase in the quantity of fixed charges or expenses for the business.
  • An increase in variable expenditures and expenses per unit. A drop in the selling prices offered by the company.

Learn more about break even point here:

brainly.com/question/14980499

#SPJ4

You might be interested in
Sheffield Company signed a long-term noncancelable purchase commitment with a major supplier to purchase raw materials in 2021 a
Sphinxa [80]

The journal entry to record the purchase of the raw materials by Sheffield Company is as follows:

Debit Purchases $1,031,600

Credit Accounts Payable $1,031,600

  • To record the purchase of the raw materials in 2021.

The December adjusting entry can be revised with:

Debit Estimated Liability $53,300

Credit Unrealized holding Loss $53,300

  • To reverse the December 31 adjusting entry.

<h3>What is an unrealized holding loss?</h3>

In this instance, the unrealized holding loss arose from the fact that the market value of the raw materials is less than the purchase amount because of the noncancelable commitment.

Thus, the unrealized holding loss arose as the difference between the market value and the purchase amount.

<h3>Data Analysis:</h3>

Purchases $1,031,600 Accounts Payable $1,031,600

Estimated Liability $53,300 Unrealized holding Loss $53,300

Thus, the entry to record the purchase is a debit to the purchases account and a credit to accounts payable.

Learn more about recording purchases at brainly.com/question/24179237

3 0
2 years ago
A firm is operating in the United States with only two other competitors in the industry. a. It is likely this industry would be
Talja [164]

Answer:

a. oligopoly.

b. an economic profit.

c. economic profits will fall.

Explanation:

An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.

Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.

The characteristics of an oligopolistic market structure are;

I. Mutual interdependence between the firms.

II. Market control by many small firms.

III. Difficult entry to new firms.

Hence, a firm operating in the United States of America with only two other competitors in the industry is likely to be an industry that would be characterized as oligopoly.

Additionally, business firms operating in this industry (oligopolistic market) will likely earn an economic profit. Also, if foreign business firms begin supplying the product, increasing the number of competitors, it is likely that economic profits will fall because the industry is now being competitive and controlled by other business firms.

5 0
3 years ago
Which of the following parties is typically the shortest and least expensive? A. A reunion B. A holiday party C. A cocktail part
marysya [2.9K]
The answer is the cocktail party. When you say cocktail party, it is a small party that has a little food or even just drinks. It is only for few hours maybe longest will be 4-6 hours to finish this kind of party. And since it does not include too much money, it is the least expensive.
7 0
3 years ago
Bruce thought, "My manager is going to be disappointed and surprised that I am leaving the organization after 15 successful year
Nataliya [291]

Answer:

A. Meet with his manager face-to-face.

Explanation:

A face-to-face meeting with the manager is probably the most prefered step to be taken first.

5 0
3 years ago
What is Mary’s relationship to the heavenly beings standing above her (God the Father on the right; the dove, symbolizing the Ho
Rus_ich [418]

Answer:

In the painting of the coronation of Mary, Mary is being crowned by Jesus and God.

Explanation:

In the painting, "The Coronation of the Virgin", Mary, is being crowned by Jesus, the Son and God, the Father. The relationship that Mary had with Jesus, the Son was that she gave birth to Him. Mary was the mother of Jesus and a worshiper of God, the Father. The Holy Spirit is the part of the Trinity.

According to the scriptures of the Bible, Mary conceived Jesus, the Son of God through the Holy Spirit and gave birth to Jesus, the savior of the world.

The significance of the crown is that she is being crowned for being a faithful servant to God by obeying God. The outstretched arms represents that she is welcoming the family.

5 0
3 years ago
Other questions:
  • In which document can the project manager (pm) find guidance for implementing earned value management (evm) contract management
    7·1 answer
  • Judy started a business called Music and Memories™. She recognized that music, socialization, and memory-challenging activities
    11·1 answer
  • Fusaro Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year.
    6·1 answer
  • Investment in human capital is best described as A. accumulating machinery and equipment to improve returns to scale. B. contrib
    14·1 answer
  • Smith is a CPA. His neighbor, Jones, asks him to prepare his tax return. Jones and Smith are casual friends. Smith prepares the
    6·1 answer
  • Company acquired land and buildings for $1,000,000. The land is appraised at $450,000 and the buildings are appraised at $800,00
    12·1 answer
  • Suppose that today you buy a bond with an annual coupon rate of 10 percent for $1,120. The bond has 17 years to maturity. What r
    5·1 answer
  • Metro Corporation will spend $1 million for special manufacturing equipment. Shipping and installation charges will amount to $1
    11·1 answer
  • A presentation in the sales process is designed to match the benefits of a product to the client's ______.
    9·1 answer
  • If the average cost of producing 9 sweaters is $6. 50 and the marginal cost of producing the tenth sweater is $6. 25, the averag
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!