Total contribution margin = $3,000, standard models sold at break even=800, deluxe models sold at break even=400, superior models sold at break even=100
<u>Explanation:</u>
1.Using sales mix stated in the fact from Figure to form a package what is the total contribution margin?
total contribution margin =($150 multiply 8) plus ($200 multiply 4) plus ($1,000 multiply 1) = $3,000
2.Refer to Figure, What is the number of standard models sold at break even.
break even units =Fixed cost divide contribution margin per package
= $300,000 divide $3000 =100 package standard models sold at break even=100 package multiply 8 = 800
2.Refer to Figure, What is the number of deluxe models sold at break even.
break even units
=Fixed cost divide contribution margin per package = $300,000 divide $3000
=100 package deluxe models sold at break even = 100 package multiply 4
Answer:
He should pay his debt off, weather it is the credit card and bills, or student loan. Also he should put $50 into the emergency funds.
Explanation:
This is the best idea, why? Well, the bills and debt should come first, way before a vacation and before a new car where possible. If you chip away at your debt, and pay on time, your credit score will increase. Now, this is great because you are paying off owed money and paying bills ahead off time and on time, also your credit increases! Without good credit, you can`t get a loan for a CAR or a HOUSE! So if his credit is bad or meh, he might not get approved, therefore, he can get the car! Now emergency funds come rights after bills and debt. He has a measly $250 dollars. Now just put $50 dollars each month, you will be good. This is great because you are steadily increasing your savings by $50 each month which adds up fast without eating up money. These are the *MOST IMPORTANT* options and the smartest options. After all of this, then you could take a cheap vacation, but you have to pay bills and debt on time!
Answer:
Production in third quarter should be budgeted at $<u>245000</u>
Explanation:
10) Production in third quarter = Sales unit+Desired ending inventory-Beginning inventory
= 240000+(260000*25%)-(240000*25%)
Production in third quarter = 245000 Units
so answer is 245000
Answer:
Usher Sports Shop's cash flow from operations for 2018: $5,414,000
Explanation:
Cash at the end of the year = Cash at the beginning of the year + Cash flows from investing activities + Cash flows from financing activities + Cash flows from operating activities
Therefore:
Cash flows from operating activities = Cash at the beginning of the year + Cash flows from investing activities + Cash flows from financing activities - Cash at the end of the year
Cash flows from investing activities of ($2,150,000) <0 and cash flows from financing activities of ($3,219,000) <0.
Cash flows from operating activities = -$980,000 + $2,150,000 + $3,219,000 + $1,025,000 = $5,414,000
Your answer for the problem would be task variety
