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
Bond [772]
3 years ago
6

Marigold reported the following information for the current year: Sales (59000 units) $1180000, direct materials and direct labo

r $590000, other variable costs $59000, and fixed costs $360000. What is Marigold’s break-even point in units?
Business
1 answer:
Setler79 [48]3 years ago
3 0

Answer:

Marigold break-even point  = 400,000 units

Explanation:

given data

Sales = 59000 units

direct materials = $1180000

direct labor = $590000

variable costs = $59000

fixed costs = $360000

solution

we get here Marigold’s break-even point in units that is express as

Marigold’s break-even point = Fixed Cost ÷ (Selling Price - Variable Cost)  .............1

Break Even Point = Fixed Cost ÷ Contribution Margin    ............2

so here

Contribution Margin will be = \frac{1180000 - (590000+59000)}{59000}  

Contribution Margin = $9

now put value in equation 2 we get

Marigold break-even point =  \frac{360,000}{9}

Marigold break-even point  = 400,000 units

You might be interested in
The Federal Reserve System (the 'Fed') was created by the Federal Reserve Act, passed by Congress in 1913, and began operations
Daniel [21]

Answer:

a) it focuses on making a profit like commercial banks.

Explanation:

The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by Congress in 1913, and began operations in 1914. It is just like all central banks, the Federal Reserve is a United States government agency. The following are the responsibilities of the Fed Reserves System;

- It has the power to supervise and regulate banks.

- They promote public goals such as economic growth, low inflation, and the smooth operation of financial markets (monetary policies).

- The Federal Reserve is the "lender of last resort."

4 0
3 years ago
Before you move forward, summarize the changes you will need to make to your new budget.
Neko [114]

Answer:

The effect of price change in the raw material needs to be adjusted.

The one off event which is penalty due to custom clearance delay needs to incorporated.

Explanation:

The budget is the initial planning of the cash flows of the company. The budget is made on forecasted figures. The one off events which is penalty fee of custom needs to be adjusted. The inflation effect in the prices of raw material is adjusted before the finalized budget is presented to the management.

8 0
3 years ago
Read 2 more answers
___________ is the stage of new-product development that involves promoting a product to distributors, and developing advertisin
faust18 [17]

Answer: Commercialization

Explanation:

 The commercialization stage is the process in which the various types of new products and the services are developed in the market.

In the commercialization stage the new products are get launched and also promoted for increase the demand of the new products and services in the market.

The main key function of the commercialization stage is that achieve the various types of commercial success and also the customer support of the new products. It is mainly the process introduce the new products in the market.

7 0
3 years ago
explain how the price consumers pay for a good is influenced by the price of the resources that go into making it
Reika [66]

Answer:

Here's an example

I sell bead bracelets for $5.00. The chord I use to make them is $2.50 for 5 feet. Each bracelet needs 1/4 of a foot of chord. That is $0.13 worth of chord per bracelet. The beads I use are 30 beads for $1.00. I use 5 beads in each bracelet. That is $0.17 worth of beads per bracelet. The total price of the materials per bracelet is 30 cents. Let's say It takes me 10 minutes to make a single bracelet. If I sell the bracelet at 30 cents, I would no have made a profit and would instead lose 10 minutes of my time. If I sell it for anything less, I would be losing money and time. If I want to make a profit, I need to add the money I want to make plus the cost of resources. Therefore, if I want to make a profit of $4.70, I must sell the bracelets for $5.00.

4 0
2 years ago
A certain firm produces and sells staplers. Last year, it produced 7,000 staplers and sold each stapler for $6. In producing the
ahrayia [7]

Answer:

<u>Average total cost for 7000 staplers was= $2.43</u>

Explanation:

Total Cost=Fixed Cost +Variable Cost

Fixed Cost =$45000-$28000

Fixed Cost=$27000

Average total Cost= Fixed Cost/ Quantity

=17000/7000

=$2.43

4 0
3 years ago
Other questions:
  • The Winston Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that
    14·1 answer
  • During 2016, Handy Appliances made and sold coffee makers. At the beginning of the year the company had 37 units, 14,382 units w
    8·1 answer
  • To attract customers into a store, Safeway advertises its milk at less than cost, hoping that customers will purchase other groc
    6·1 answer
  • G free ltd intends reducing the number of suppliers they use by 50% analyse how reducing the number of suppliers could imporve g
    13·1 answer
  • A typical point-of-sale display features products that are likely to be ___.
    5·1 answer
  • Two years ago, you purchased 164 shares of IBM stock for $111 a share. Today, you sold your IBM stock for $139 a share. For this
    14·1 answer
  • ack purchased 200 shares of Apple stock earlier this month at the price of $210 per share. Apple stock is trading at $218 today
    5·1 answer
  • Which of the following financial statements are required for a Debt Service Fund? Multiple Choice Statement of revenues, expendi
    15·1 answer
  • Olivia bakes cakes and Andrew grows corn. Olivia and Andrew both like to eat cake and eat corn. In which of the following cases
    15·1 answer
  • the purpose of tracing a sample of inventory tags to a client's computerized listing of inventory items is to determine whether
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!