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
nekit [7.7K]
3 years ago
10

The Marketing Department thinks that a fancy new package for the laptop computer battery would grow sales. The new package would

increase packaging costs by $0.50 per unit. Assuming no other changes, how many units would have to be sold each month to attain a target profit of $4,700?
Business
1 answer:
alex41 [277]3 years ago
6 0

Question:

The Marketing Department thinks that a fancy new package for the laptop computer battery would help sales. The new package would increase packaging costs by $0.50 cents per unit. Assuming no other changes, how many units would have to be sold each month to earn a profit of $4,700?  

                                                               $

Sales (13,100 units × $20 per unit)  262,000

Variable expenses                            <u>131,000 </u>

Contribution margin                          131,000

Fixed expenses                                <u>(146,000)</u>

Net operating loss                          $(15,000)

Answer and its explanation:

The company has to find the number of units at which the target profit is $4700.

So the formula for finding the number of units required to make a profit of $4700 is as under:

Number of Units = (Fixed Cost + Target Profit) / Contribution per unit .................EQ1

Now first of all we have to find the contribution per unit, which can be found from the following formula:

Contribution per unit = Total contribution / Total units sold

Here we have total contribution of $131,000 and total units of 13,100 units.

By putting values in the equation, we have:

Contribution per unit =  $131,000 / 13,100 units = $10 per unit

Now we put this value in the Equation 1 to find the required number of units to be sold to achieve a profit of $4700.

Number of Units = ($146,000 + $4700) / $10 per unit = 15,070 units

So the required units that must be sold are 15,070 to achieve $4700 profit.

You might be interested in
During 2021, Terps Company issued 800,000 coupons which entitles the customer to a $5.00 cash refund when the coupon is submitte
11Alexandr11 [23.1K]

Answer:

$1,050,000

Explanation:

Calculation to determine what the company should report as a liability for unredeemed coupons

Liability for unredeemed coupons =($800,000 x 0.70 ) - $350,000 ) x $5.00

Liability for unredeemed coupons=($560,000-$350,000)×$5.00

Liability for unredeemed coupons=$210,000x $5.00

Liability for unredeemed coupons=$1,050,000

Therefore At December 31, 2021, the company should report a liability for unredeemed coupons of:$1,050,000

5 0
3 years ago
How should Kane work with the salespeople to introduce the change?
Nataly [62]

activities. In this chapter, you will learn about these two important management activities. ... To implement organizational change, managers must work to overcome that resistance ... Second, Kane's salespeople were.
3 0
3 years ago
Julius asks Rachel if she would like to sell her boat. Rachel privately has no interest in selling her boat, and believes that J
katrin [286]

Answer:

formed a valid contract because Rachel's outward expressions showed the formation of a contract.

Explanation:

In contract, outward expressions refers to a situation when both parties has directly communicate the terms of a certain transaction and agreed upon it.

The contract is considered as 'valid' and considered to be a verbal agreement as soon as Rachel proposed a price and Julius agreed upon it.

One thing to remember, Even though this contract is considered as valid , it would be hard for Julius to held Rachel accountable to court since he has no way to proof that the verbal agreement has been made.

8 0
3 years ago
At Afterbadge, a chain of stores that sells computer accessories, all the marketing activities are planned at the company headqu
Anna11 [10]

Answer:

The correct answer is letter "B": Centralization of authority.

Explanation:

Centralization of authority takes place in companies where high-rank executives take most or all the decisions regarding the operations. Employees voice is not heard under this approach. Managers tend to implement this strategy when they pretend to minimize the percentage of mistakes incurred in the firm. The organization of the company tends to be bureaucratic.

8 0
3 years ago
Carmel Corporation is considering the purchase of a machine costing $41,000 with a 8-year useful life and no salvage value. Carm
Andru [333]

Answer:

E. $20,500

Explanation:

The average investment is defined as the average between the initial investment and the salvage value of the equipment.

In this situation, Carmel Corporation had an initial investment of $41,000 for the machine and its salvage value is zero. Therefore, Carmel's average investment is:

AI = \frac{\$41,000+0}{2} \\AI = \$20,500

The answer is alternative E. $20,500

3 0
3 years ago
Other questions:
  • James wants to start his own fast food restaurant. Into which market structure is he venturing? James wants to start his own fas
    15·1 answer
  • On September 18, 2019, Gerald received land and a building from Frank as a gift. No gift tax was paid on the transfer. Frank’s r
    11·1 answer
  • Tom works at a company that has a closed shop arrangement. in which industry does tom most likely work
    13·1 answer
  • According to harvard professor linda hill, over the first year of becoming a new manager one of the keys to success is to transf
    15·1 answer
  • Total variable costs A. always increase with output. B. initially decrease and then increase with output. C. initially increase
    13·1 answer
  • A producer of felt-tip pens has received a forecast of demand of 30,000 pens for the coming month from its marketing department.
    12·1 answer
  • Lotta Dough just won the state lottery and has elected to receive $50,000 per year for 20 years in the form of an annuity due. W
    15·1 answer
  • ░░░░▄▄▄▄▀▀▀▀▀▀▀▀▄▄▄▄▄▄ ░░░█░░░░▒▒▒▒▒▒▒▒▒▒▒▒░░▀▀▄ ░░█░░░▒▒▒▒▒▒░░░░░░░░▒▒▒░░█ ░█░░░░░░▄██▀▄▄░░░░░▄▄▄░░░█ █░▄▄▄▒░█▀▀▀▀▄▄█░░░██▄▄█░░
    14·2 answers
  • Mitski supervises the returns desk in a department store. Mitski has set a goal for the rest of the year of finishing her daily
    10·1 answer
  • Larue buys an ipod for $150 and a new laptop for $1,200, and signs a one-year employment contract for a $4,800 monthly salary to
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!