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garik1379 [7]
4 years ago
13

Jones Lumber Co. has annual fixed costs including depreciation of $300,000 and variable costs that are 88.25 percent of sales. W

hat is Jones' break-even level of sales
Business
1 answer:
STALIN [3.7K]4 years ago
7 0

Answer:

$2,553,191

Explanation:

The formula to compute the break even point in dollars amount is presented below:

= (Fixed cost ) ÷ (Profit volume ratio)

where,  

Fixed cost = $300,000

And the profit volume ratio would be

= (Contribution margin) ÷ (Sales) × 100

We assume the sales be 100%

So, the variable cost is

= 88.25%

And, the contribution margin is

= 100 - 88.25

= 11.75%

So, the break even sales would be

= $300,000 ÷  11.75%

= $2,553,191

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jok3333 [9.3K]

Answer:

Poornima's wage is $14.00 per hour in 2013. Nominal

Poornima's wage is 2 paperback novels per hour in 2013.  Real

The price of a donut is $2.00 in 2013. Nominal

Explanation:

A nominal value of a variable is the value of an economic variable in terms of the price level at the time of its measurement; or, unadjusted for price movements.

Real: The value of an economic variable adjusted for price movements.

Poornima's wage is $14.00 per hour in 2013. Nominal

Poornima's wage is 2 paperback novels per hour in 2013.  Real

The price of a donut is $2.00 in 2013. Nominal

3 0
3 years ago
During the current year, Walter invests $35,000 in each of two separate corporations. Each investment gives him a 20% ownership
Bond [772]

Answer:

B) Only statement II is correct.

  • II. Has $20,000 of taxable income from Corporation Z.

Explanation:

One of the disadvantages of a C Corporation is that their owners (stockholders) are double taxed. That means that the corporation is taxed and then the stockholders are taxed depending on the dividends that they receive. In this case, Walter has $10,000 of taxable income from Corporation X (= $50,000 x 20%).

On the other hand, sole proprietorships, partnerships, limited liability companies and S Corporations are not taxed, they are pass through entities whose owners are taxed directly. In this case, Walter owns 20% of Corporation Z, therefore he must pay taxes on 20% of taxable income = $100,000 x 20% = $20,000.

8 0
3 years ago
Kelly sells women's accessories. Her prospective buyer is smiling and is eyeing the samples Kelly brought with her to the sales
Paladinen [302]

Answer:

Ask the potential client to try out the accessories and give the prices.

Explanation:

Having the legs uncrossed and her arms relaxed the client is showing that is comfortable with the situation and open to accept the products offered by Kelly. The best way to proceed would be presenting her prices offer and starting the negotiation, she should pay attention to the client's behavior to know of she is willing to negotiate and acquire the products.

3 0
3 years ago
Internet là một thị trường hiệu quả hay không hiệu quả về giá?
RideAnS [48]

Answer:

net là một thị trường hiệu quả hay không hiệu quả

Explanation:

4 0
3 years ago
QUESTION 1 The country Grupindor recently experienced a drastic increase in inflation. This led to the depreciation in the value
yawa3891 [41]

Answer:

Option d (economy of the country) is the appropriate answer.

Explanation:

  • Along with many other things, the economy of such a given country is regulated by its society, rules, history, as well as geography, and then it develops out of requirement.
  • This example better shows the operational effects of the country's economy although inflation continues threatening the position due to certain external causes and leading to a decrease in present value.

Some other options offered aren't relevant to the situation described. For the aforementioned to be the right answer.

5 0
3 years ago
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