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
Afina-wow [57]
3 years ago
12

Astro Co. sold 20,500 units of its only product and incurred a $67,750 loss (ignoring taxes) for the current year as shown here.

During a planning session for year 2018’s activities, the production manager notes that variable costs can be reduced 40% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $155,000. The maximum output capacity of the company is 40,000 units per year. ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31, 2017 Sales $ 779,000 Variable costs 584,250 Contribution margin 194,750 Fixed costs 262,500 Net loss $ (67,750 ) Required: 1. Compute the break-even point in dollar sales for year 2017. (Round your answers to 2 decimal places.)
Business
1 answer:
maksim [4K]3 years ago
3 0

Answer:

Break even point in dollar sales = $1,050,000

Explanation:

Break Even Point in dollar sales = Fixed Cost/ Contribution margin percentage

Contribution margin percentage = (Contribution margin/ Sales) X 100

Here we have for the year 2017

Contribution margin = $194,750

Sales = $779,000

Contribution margin percentage = ($194,750/$779,000) X 100 = 25%

Break even point in dollar sales = Fixed Cost $262,500/25%

= $1,050,000

You might be interested in
Mailing cash to pay bills is encouraged by the United States Post Office officials.
jeka94
False, it is never a good idea to send large amounts of money through Mail.

<span />
7 0
4 years ago
Which rater error would likely lead employees to believe that no aspects of their performance need improvement?
fenix001 [56]
Halo error would most likely lead employers to believe that no aspects of their performance needs improvement
5 0
3 years ago
Paula Reid is the manager at the Miami office of the U.S. Secret Service who set in motion a major prostitution scandal by repor
Elan Coil [88]

Answer:

The answer is: She used the justice approach, realizing that the greater good is served because people learn to help each other in their own interest.

Explanation:

Justice approach: an ethical decision is a decision that distributes benefits and costs (or punishments) among those involved in a fair, equitable, and impartial way.

Paula used this approach because she believed the agents had acted improperly and that they were harming the US Secret Service.

I consider any organization a team, so in order for it to work well its members must be respected both by their peers and by the other teams´ members. If you consider the various types of activities this specific agency carries out, other not so friendly "teams" (other secret services or even terrorists) could use this type of information to damage or compromise those activities. So the well being of all the country was being jeopardized by a group of bad agents.

7 0
4 years ago
This case discusses the case of India and the potential impact of the new government's reforms on the future of India. The case
Maurinko [17]

Some of the factors that show that India has lots of promise to shine among the emerging market economies are;

  • India's substantial manufacturing growth, business-friendly reforms, infrastructure development, and political stability make the country the most notable developing market for investors to invest in.

<h3>What are some of the factors that are preventing India from achieving its full potential?</h3>

India would not be able to grow its economy or develop sustainably until gender and economic disparity are reduced. According to a recent United Nations Development Fund assessment, India trails behind several of its South Asian neighbors on the human development index (HDI), mostly due to inequities.

<h3>Why was China able to achieve such economic growth more easily than India?</h3>

While economic reforms may account for some of the differences, China outpaced India because:

(1) the economy was privatized sooner;

(2) prices were released sooner;

(3) the labor market underwent much deeper reforms; and

(4) the economy was opened up to international trade and foreign direct investment (FDI) sooner.

Learn more about India's economy:

brainly.com/question/16352684
#SPJ1

8 0
2 years ago
The amount of materials to be purchased during the budget period is equal to budgeted: A. total production needs plus units in t
oee [108]

Answer:

. B). total production needs plus units in the ending materials inventory minus the units in the beginning materials inventory.

Explanation:

The budget period can be regarded as

period of time whereby one has the authority to spend the awarded funds in a way that meet the matching as well as the cost-sharing requirement. It should be noted that the amount of materials to be purchased during the budget period is equal to budgeted total production needs plus units in the ending materials inventory minus the units in the beginning materials inventory.

3 0
3 years ago
Other questions:
  • You have been pricing an MP3 player in several stores. Three stores have the identical price of $700. Each store charges 12 perc
    8·1 answer
  • Which accurately describes a scientific innovation of the renaissance and its impact? the bessemer method increased the producti
    7·1 answer
  • 2. Richard has determined that he will need to have saved $60,000, in 10 years, for his daughter's
    8·1 answer
  • Suppose you observe a spot exchange rate of $1.0500/€. If interest rates are 5% APR in the U.S. and 3% APR in the euro zone, wha
    14·1 answer
  • A(n)__________is a branch of decision support systems (DSSs) that gives managers easy access to internal and external data and t
    12·1 answer
  • Valuable Electronics uses a standard part in the manufacture of different types of radios. The total cost of producing 29,000 pa
    11·1 answer
  • 10. Which type of utility do you believe has the greatest impact on price? Explain
    13·1 answer
  • An insured is covered under a Medicare policy that provides a list of network healthcare providers that the insured must use to
    12·1 answer
  • Think about the life cycle (i.e., Introduction, Growth, Shakeout, Maturity and Decline) of the electric vehicle industry. What s
    11·1 answer
  • AANG companies are Monopoly?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!