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Tems11 [23]
3 years ago
8

Bear Publishing sells a nature guide. The following information was reported for a typical month: Total Per Unit Sales $ 17,600

$ 16.00 Variable expenses 9,680 Contribution margin 7,920 Fixed expenses 3,600 Net operating income $ 4,320 What is Bear's current break-even point in unit and dollars
Business
1 answer:
avanturin [10]3 years ago
7 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sales= $17,600 ($16.00 selling price per unit)

Contribution margin 7,920

Fixed expenses 3,600

First, we need to calculate the unitary contribution margin:

Units sold= 17,600/16= 1,100 units

Unitary contribution margin= 7,920/1,100= $7.2

Now, using the following formulas, we can calculate the break-even point in units and dollars:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 3,600/7.2= 500 units

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 3,600/ (7.2/16)

Break-even point (dollars)=$8,000

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<u>the supply curve</u>

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Remember the supply curve shows the relationship between the amount of a commodity that a producer (or orange farmer) is <em>willing </em>to offer and at a particular price at any given time.

Because of the subsidies to orange farmers we expect the price of orange to become lesser in the future. Therefore the rightward shift occurs in supply curve for oranges due to favorable changes such as the new legislation which may lead to:

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The City of Fairfield issued $100 million of 20-year, 6 percent coupon bonds (3 percent per semiannual period) for $89.32 millio
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Answer

The answer and procedures of the exercise are attached in the following archives.

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3 years ago
What is financial literature​
Vanyuwa [196]
<h3>Hello there!</h3>

Your question asks what is financial literature.

<h3>Answer: Knowledge and skills that someone has in making good decisions with the financial sources that they have.</h3>

When you look at the word "financial literature", you can see that it has the word "financial" in it, so that means that it's going to be based off of finance.

Financial literature is knowledge and skills someone has in finance. What this means is that someone has knowledge on how finance works and know ways to stay financially stabled. The knowledge that someone could have is how money works, how to manage the money, and how to turn the money they already have into more money.

The knowledge that an individual could attain from financial literacy could help them in the long run, in which it's highly recommended to learn financial literacy, due to the fact that tons of people are going into debt because they don't know how to manage their finances.

To sum it up, people who know financial literacy would have a high chance in knowing how to manage their money and stay out of debt.

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A parent or guardian taking care of a child by providing food, shelter and clothing is showing
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Explanation:

5 0
3 years ago
Read 2 more answers
Suppose a basket of goods and services has been selected to calculate the CPI and 2012 has been selected as the base year. In 20
Evgesh-ka [11]

Answer: 2016 CPI is 110

Explanation:

Given the following :

Base year = 2012

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Cost of basket in 2014 = $52

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The Consumer Price Index (CPI) is calculated using the formula :

CPI = (weighted cost item in current period / weighted cost of item in base period) × 100

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Therefore, 2016 CPI equals;

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= 110

8 0
3 years ago
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