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
soldier1979 [14.2K]
1 year ago
7

Pierce company's break-even point is 23,000 units. its product sells for $33 and has a $14 variable cost per unit. what is the c

ompany's total fixed cost amount
Business
1 answer:
guapka [62]1 year ago
8 0

Pierce company's destroy even factor is 23,000 units. So, the  Break-Even factor (units) = Fixed Costs ÷ (Sales charge per unit – Variable charges per unit) or in sales greenbacks using the formula: Break-Even point (sales dollars) = Fixed Costs ÷ Contribution Margin.

<h3>What is wreck even point?</h3>

The break-even factor is the point at which whole price and complete income are equal, meaning there is no loss or attain for your small business. In other words, you have reached the level of production at which the charges of production equals the revenues for a product.

<h3>How Do You Calculate a Breakeven Point?</h3>

Generally, to calculate the breakeven point in business, fixed charges are divided by using the gross profit margin. This produces a dollar figure that a employer wishes to destroy even. When it comes to stocks, if a trader sold a stock at $200, and 9 months later it reached $200 once more after falling from $250, it would have reached the breakeven point.

Learn more about break even point here:

<h3>brainly.com/question/9212451</h3><h3 /><h3>#SPJ4</h3>

You might be interested in
Which of the following caused a recession in the years immediately following World War II? A surge in investment spending. Pent-
morpeh [17]

Answer:

The answer is cutbacks in defense production

One of the main reasons of the recession which was immediate after the world war 2 was the government's inability to produce anything as most expense was carried out in the event of the war which decreased the gross domestic product making the economy to fall into recession.

3 0
3 years ago
Read 2 more answers
According to the article by Hutchinson, Farris and Anders (2007), cash-to-cash analysis is difficult because financial data and
Margarita [4]

Answer:

False

Explanation:

"Cash-to-cash Analysis and Management" by<em> Hutchinson, Farris and Anders</em> talks about the availability of the<em> financial data</em> and <em>computer technology</em> in assisting a business when it comes to determining its <u>cash-to-cash position </u><em><u>(C2C)</u></em><em>,</em> as well as the <em>benchmarks</em> needed for comparison.

Cash-to-cash analysis was difficult in the past, however, it is easier nowadays. The supply chain is even examined at a broader view than before. C2C efficiency is possible by utilizing the<em> readily available</em> financial date and computer technology. So, this makes the statement above as "false."

So, this explains the answer.

6 0
3 years ago
ESD wants to determine the best order size for 2x4x6 pressure treated pine lumber required for making custom cabinets. ESD's est
Vedmedyk [2.9K]

Answer:

the economic order quantity is 845 units

Explanation:

The computation of the economic order quantity is shown below;

As we know that

Economic order quantity is

= √2 × √annual demand × √ordering cost ÷ √carrying cost

= (√2 × √6750 × √$225) ÷ (√4.25)

= √3,037,500 ÷ √4.25

= √7,14,705.88

= 845 units

Hence, the economic order quantity is 845 units

6 0
3 years ago
If you start a business would you rather start off with earning 1million every week and 10,000 an hour or just earn 1 million in
Verizon [17]

Answer:

Im going with either 1million a day or 10k an hour

4 0
2 years ago
On January 1, 2019, Marigold Corp. Had the following stockholders' equity accounts.
Temka [501]

a. The preparation of the stockholders' equity section of the balance sheet at December 31 foro Marigold Corp. is as follows:

<h3>Stockholders' Equity Section:</h3>

Marigold Corporation

<h3>Balance Sheet</h3>

At December 31, 2019

Common Stock ($5 par value)

186,560 shares issued and outstanding                       $932,800

Paid-in Capital in Excess of Par Value-Common Stock  268,880

Retained Earnings                                                             446,408

Total equity                                                                  $1,648,088

b. The payout ratio and return on common stockholders' equity are as follows:

Payout ratio = Cash Dividends/Net Income

= 94% ($206,912/$220,000 x 100)

Return on Common Stockholders' Equity = Net Income/Beginniing Outstanding Equity

= 13.5% ($220,000/$1,635,000 x 100)

<h3>Data and Analysis:</h3>

Common Stock ($10 par value)

84,800 shares issued and outstanding                       $848,000

Paid-in Capital in Excess of Par Value-Common Stock 218,000

Retained Earnings                                                           569,000

Total equity                                                                $1,635,000

Jan. 15 Retained Earnings $94,976 (84,800 x $1.12) Cash Dividends Payable $94,976

Feb. 15 Dividends Payable $94,976 Cash $94,976

Apr. 15 Retained Earnings $135,680 Stock Dividends Payable $135,680 ($16 x 84,800 x 10%)

May 15 Stock Dividends Payable $135,680 Common Stock $84,800 Paid-in Capital in Excess of Par Value $50,880

July 1 Common Stock increased to 186,560 at $5 each (84,800 + 8,480 x 2)

Dec. 1  Retained Earnings $111,936 (186,560 x $0.60) Cash Dividends Payable $111,936
Dec. 31 Net income for the year = $220,000

<h3>Retained Earnings:</h3>

Beginning balance         $569,000

Net Income                       220,000

Dividends:

Jan. 15 Cash Dividends    (94,976)

Apr. 15 Stock Dividends (135,680)

Dec. 1  Cash Dividends    (111,936)

Ending balance             $446,408

Learn more about the stockholders' equity section at brainly.com/question/13373888

#SPJ1

3 0
2 years ago
Other questions:
  • Critical questions to answer before doing an internal communications audit include
    11·1 answer
  • How do I become a business man?​
    10·2 answers
  • Why would a company place new workers on probation?
    7·2 answers
  • Sue and Andrew form SA general partnership. Each person receives an equal interest in the newly created partnership. Sue contrib
    15·1 answer
  • Which one of the following is not correct? For debt issued at par: interest expense reported on the income statement equals the
    6·1 answer
  • Which of the following characteristics would lead theauditor to assess inherent risk relating to financial reporting at a higher
    15·1 answer
  • A foreign currency ___________ is a contract giving the purchaser (the buyer) the right, but not the obligation, to buy or sell
    5·1 answer
  • A manager hires labor and rents capital equipment in a very competitive market. Currently the wage rate is $12 per hour and capi
    15·1 answer
  • What are the five foundations? Include purpose/ importance of each step
    13·1 answer
  • Please help economics
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!