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AURORKA [14]
3 years ago
5

Multiple Choice Question 115 Sunland Company sells MP3 players for $50 each. Variable costs are $40 per unit, and fixed costs to

tal $120000. What sales are needed by Sunland to break even?
Business
1 answer:
julsineya [31]3 years ago
7 0

Answer:

The amount of $600,000 sales require to be at break -even

Explanation:

The amount sales require to be at break -even is computed as:

Units × Price = Variable cost × Units + Fixed Cost

where

Units be X

Price is $50

Variable cost os $40 per unit

Fixed cost amounts to $120,000

So, putting the values above:

X × $50 = $40 × X + $120,000

$50 X = $40X + $120,0000

$50X - $40X = $120,000

$10X = $120,000

X = $120,000 / $10

X = 12,000

So, the sales amounts to as:

Sales = Units × $50

Sales = $12,000 × $50

Sales = $600,000

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<h3><u>Explanation:</u></h3>

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3 years ago
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Answer:

Quarterly deposit= $3,182.78

Explanation:

Giving the following information:

A sinking fund earns 7​% compounded quarterly and produces ​$50,000 at the end of 3.5 years.

We need to find the quarterly deposit made at the end of each period.

<u>First, we need to calculate the quarterly interest rate:</u>

Interest rate= 0.07/4= 0.0175

To calculate the deposit, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= quarterly deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

n= 3.5*4= 14

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i= 0.0175

A= (50,000*0.0175)/ [(1.0175^14)-1]= $3,182.78

3 0
3 years ago
In one year, you meet 52 people who are each unemployed for one week and eight people who are each unemployed for the whole year
VARVARA [1.3K]

Long term unemployment is defined as being unemployed for 27 weeks or more. In this example there are a total of 60 people, 52 people who would be categorized as short term unemployment and 8 people who would be categorized as long term unemployment.

In order to calculate the percentage of unemployment in each category you will need to divide the number in each category by the total number.

Short term = 52/60 = 86.7%

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4 0
3 years ago
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The Company uses lower-of-cost-or-market approach. The replacement cost of an inventory item is $75. Net realizable value is $82
egoroff_w [7]

Answer:

The inventory would be valued at $75 each

Explanation:

From  a market approach to valuation,we need to first of all compare the replacement cost and net realizable in order to pick the lower of both values,hence the replacement cost of $75 is lower than net realizable value of $82.50.

As a result, we can then compare the lower of replacement cost and initial cost,such that inventory can then be valued at the lower of both.

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4 years ago
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MrRissso [65]

Answer: Increasing current profits when doing so lowers the value of the company's equity.

Explanation:

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