used cars can require repairs sooner warranties can be very limited used cars can have lower initial cost unexpected issues may arise
hope this helps <3
Answer:
Products Selling price Unit variable cost Contribution per unit
$ $ $
M 7 3 4
N 6 2 4
O 6 3 3
19 8 11
Break-even point in composite units
= <u>Total fixed cost</u>
Contribution per unit
= <u>$340,000</u>
$11
= 30,909 units
Break-even point for the current sales mix
M 3/6 x 30,909 units = 15,455 units
N 1/6 x 30,909 units = 5,151 units
O 2/6 x 30,909 units = 10,303 units
Explanation:
In this case, we need to calculate contribution per unit of each product by deducting the unit variable cost of each product from their respective selling prices. Then, we will obtain the break-even point in composite units by dividing the total fixed cost by overall contribution per unit.
Then, we will determine the break-even point for the current sales mix by multiplying the proportion of each product in the sales mix by the break-even point in composite units.
The D. internal rate of return (IRR) <span>is the discount rate that equates the present value of the cash inflows with the initial investment.
This term refers to the profitability of a potential investment, meaning that it will show you how much an investment costs, and how much money you can possibly earn by predicting its future price and cost. It can also show you whether it is sensible to invest in something. </span>
60% of $90,000 is: 60/100*90,000=0.6*90,000=54,000
<span>So, the sales associate plans $64,000 from the total income to come from sold listings .
</span>40% of $90,000 is: 40/100*90,000=0.4*90,000=36,000
So, the sales associate plans $36,000 from the total income to come from sales made.
<span>If the average commission from listings sold is $3,000 she must cell X=64,000/3000=21,3 ~22 listings (at least) in order to achieve her goal.</span>
Answer:
The correct answer is Administrative expenses.
Explanation:
Administrative expenses refer to the expenses assumed by the company to be able to operate normally, where production costs are not included if it is a production company. Among these expenses are wages, aid, bonuses, pensions, etc. Its payment is obligatory therefore daily work is carried out that requires the support of the personnel.
