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
mamaluj [8]
3 years ago
14

Sweet manufacturing is planning to sell 400,000 hammers for $6 per unit. the contribution margin ratio is 20%. if sweet will bre

ak even at this level of sales, what are the fixed costs?
Business
1 answer:
mestny [16]3 years ago
5 0
At the break-even point, the total sales and the total cost is said to be equal. Therefore, there is no profit or loss. We set up the equation as follows:

Profit/Loss = (Unit Contribution Margin) (Units) - (Fixed Costs) = 0

Unit contribution margin is (0.20)(1.50) = 0.30

Substituting the known values gives;

0 = (0.30)(400,000) - FC

FC = (0.30)(400,000)

FC = $120,000

<span>Therefore, the total fixed costs would </span>$120,000.<span>
</span>
You might be interested in
A company began a new development project in 2017. The project reached technological feasibility on June 30, 2018, and was avail
o-na [289]

Answer:

$818,935

Explanation:

Percentage of-revenue method:

$4,000,000

($4,000,000 + 6,500,000) = $10,500,000

Hence;

$4,000,000/$10,500,000

= 38.09 %

Amortization = 38.09% ×$2,150,000

= $818,935

Therefore the amortization of the software development costs would be $818,935

8 0
3 years ago
Rachel entered into a contract to purchase a 2004 Dodge from Hanna, who lived in the neighboring apartment. When a dispute arose
Genrish500 [490]

Answer:

Hanna is correct.

Explanation:

The sale of the 2004 Dodge cannot be construed to be a sale of goods under the Uniform Commercial Code since this law covers sales of goods by merchants.  Hanna cannot be said to be a merchant of 2004 Dodge as she is not known to be in the business for the purchase and sale of cars.  Therefore, the case should be adjudicated under the common law.  What has taken place in this instance is the exchange of a personal asset.  Hanna cannot make a trading profit from the sale, but a capital gain.  Rachel is not correct.

8 0
2 years ago
Match each certification to its purpose
sveta [45]
First one7,6,65,and last 3
5 0
3 years ago
Read 2 more answers
When the number of units in work in process and finished goods inventories decrease, absorption costing net operating income wil
Nastasia [14]

Answer:

b. False

Explanation:

The difference between absorption costing net operating income and variable costing net operating income lies in the <em>fixed costs deferred in closing inventory</em>.

If Production is greater than Sales - <u>Increase in Finished Goods Inventory</u>, Absorption costing net operating income  will typically be greater than Variable costing net operating income.

However, If Production is less than Sales - <u>Decrease in Finished Goods Inventory</u>, Absorption costing net operating income  will typically be less than Variable costing net operating income.

7 0
3 years ago
You are trying to decide whether to take a vacation. Most of the costs of the vacation (airfare, hotel, and forgone wages) are m
nasty-shy [4]

Answer:

The correct answer is to put the two variables in the same type of measure.  

Explanation:

To begin with, in order to compare to different variables that are in different measures the correct way to proceed is to put them in the same measure so therefore they will be comparable with each other. Once said that, in this case the person should put the psychological benefits in economics benefits as it is the other variable and in order to do that the person should think of what aspects of his productivity would increase if he takes the vacations and gains the psychological benefits. For example, after getting back from the holidays he may feel himself less stress and more relax and therefore that he may be able to either do more job, more studies or more excercises and all that can impact in an economic way.

7 0
3 years ago
Other questions:
  • he idea of increasing opportunity cost is reflected in the A. bowed in shape of the production possibilities frontier. B. positi
    5·1 answer
  • According to the Fisher equation, if the expected inflation rate is less than the actual inflation rate, then the actual rate of
    9·1 answer
  • Which of the following is considered a psychographic​ characteristic?
    9·1 answer
  • What is the principleof the law of supply ?​
    9·1 answer
  • Last month, when 10,000 units of a product were manufactured, the cost per unit was $60. At this level of activity, variable cos
    5·1 answer
  • An alternative form of the accounting equation is:_______.
    14·1 answer
  • On August 1, 2022, Burdick Co. issued bonds with a face value of $600,000. The bonds carry a stated interest rate of 8%; interes
    9·1 answer
  • Two consumers each earn $87,000 annually but they spend their money quite differently. The first owns four motorcycles and enjoy
    13·1 answer
  • Who has social media?
    15·1 answer
  • When the government runs a budget deficit, we would expect to see that:.
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!