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
USPshnik [31]
3 years ago
7

You have been asked to calculate the break-even point for a new line of souvenir T-shirts. The selling price will be $25 per shi

rt. The labor cost is $5 per shirt. The administrative costs of operating the company are estimated to be $60,000 annually and the sales and marketing expenses are $20,000 a year. Additionally, the cost of materials will be $10 per shirt. What is the break-even quantity?
Business
1 answer:
serious [3.7K]3 years ago
4 0

Answer:

$8,000 shirts

Explanation:

The formula to compute the break even quantity is shown below:

= (Fixed expenses ) ÷ (Contribution margin per unit)  

where,  

Fixed expenses = Administrative cost + sales and marketing expenses

= $60,000 + $20,000

= $80,000

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $25 - $5 - $10

= $10

So, the break even quantity is

= $80,000 ÷ $10

= $8,000 shirts

You might be interested in
while the washington family was gone for the weekend, their home was broken into and robbed. manny, a professional boxer who liv
Kisachek [45]

Manny's acts would be a past factor in any lawsuit he filed against Mr. Washington, so Manny would lose. Filipino boxer Manny Pacquiao competed as a professional from 1995 until 2021. regarded as one of the greatest professional boxers ever by boxing historians...

<h3>Where does Manny stand historically?</h3>
  • On ESPN's list of the top boxers, pound-for-pound, over the past 25 years, Pacquiao was placed second in 2016. Pacquiao is ranked by BoxRec as the third-best boxer of all time, pound for pound, and as the best Asian boxer ever.
  • A boxer who has won major world championships in eight different weight divisions is known as an octuple champion. The only boxer in history, Manny Pacquiao, has won twelve major world championships in just eight years.

To learn more about Manny pacquiao refer to:

brainly.com/question/28774013

#SPJ4

3 0
11 months ago
When Amy states, "We feel that better aligning our talent strategy with our business strategy is going to be critical for our su
LUCKY_DIMON [66]

Answer:

planning

Explanation:

In this scenario it seems that Amy is demonstrating the planning part of the managerial functions. This part focuses on creating the plans and processes needed in order to be able to meet all of the company goals and objectives. In this scenario, by stating the actions that she thinks would better the company, she is letting everyone know her plan, therefore she is demonstrating the planning function.

4 0
3 years ago
M. Abadie and S. Collier combine their individual sole proprietorships to start the Abadie - Collier partnership. M. Abadie and
Elena-2011 [213]
Dhjsjdndjjdjdjsjsjdjdjfjfjfjfjdjdjd I don’t know sorry <3
7 0
3 years ago
Holly created a saving and investing plan over twelve years ago. She has not looked at it or made any changes to it. What saving
Tpy6a [65]
Continually reassess your plan. As part of the investment process and financial planning process, Holly should monitor and reassess her savings and investing plan annually to determine if her goals have changed and if she is meeting her goals through the plan's performance. 
4 0
3 years ago
When a pharmaceutical company discovers a new drug, patent law gives it market power by guaranteeing:
Roman55 [17]

C) exclusive ownership of the drug's right to sell it for a limited time.

What guarantees the monopoly when a pharmaceutical company discovers a new drug?

A company without market power is a monopoly. Patent law grants a pharmaceutical company a monopoly when they discover a new drug: the right to sell the drug in part for an unlimited number of years.

What is monopoly power's fundamental source?

Barriers to entry are the primary factor that lead to monopoly. There are three sources of entry barriers: Responsibility for secret weapon.

Is a patent monopoly-granting?

Invention is rewarded by patents, not commercialization. In a similar vein, a patent does not constitute an economic monopoly. First, because having a patent does not result in the "single supplier" situation that is typical of most monopolies in real life.

To learn more about monopoly here

brainly.com/question/29765560

#SPJ4

5 0
1 year ago
Other questions:
  • Ace Company purchased a machine valued at $328,000 on August 1. The equipment has an estimated useful life of six years or 2.5 m
    13·1 answer
  • A drawback to using changes in domestic credit to adjust the domestic money supply to maintain a peg: A) is problems in emerging
    9·1 answer
  • Which one of the following best states the primary goal of financial management? Select one: a. Maximize current dividends per s
    15·1 answer
  • Allison buys equipment and pays cash of $50,000, signs a note of $10,000 and assumes a liability on the property for $3,000. In
    14·1 answer
  • In his work with companies, henry gantt found that workers achieved their best performance levels if they were trained first. tr
    14·1 answer
  • Which of the following is notpart of the task of identifying the strategic issues and problems that merit front-burner manageria
    8·1 answer
  • Which of the following will most likely give the most assurance concerning the valuation assertion about accounts receivable?A.
    8·1 answer
  • __________are increasingly popular becasue they can be both infromative and entertaining, and often the cost of airing of a 30-m
    8·1 answer
  • Assume that the current price of a stock is $80 and that 1 year from now the stock will be worth either $90 or $75. The exercise
    12·1 answer
  • In a period of steep increases in interest rates, which issuer is most likely to be negatively affected
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!