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
Nonamiya [84]
3 years ago
13

Data concerning Follick Corporation's single product appear below: Selling price per unit $ 270.00 Variable expense per unit $ 7

8.30 Fixed expense per month $ 155,490 The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice
a. $155,490
b. $282,510
c. $219,000
d. $438,000
Business
1 answer:
kumpel [21]3 years ago
8 0

Answer:

Break-even point (dollars)= $219,000

Explanation:

Giving the following information:

Selling price per unit $270

Variable expense per unit $78.30

Fixed expense per month $ 155,490

To calculate the break-even point in dollars, we need to use the following formula:

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

Break-even point (dollars)= 155,490/ [(270 - 78.3)/270]

Break-even point (dollars)= $219,000

You might be interested in
Marvin Corporation has the following information reported on the balance sheet as of December 31, 2017 Common Stock, $10 par val
SCORPION-xisa [38]

Answer:

  • How many shares of common stock are outstanding?

C. 3,000

Explanation:

Treasury stock, are those that the company repurchase from the market and keep it in the company, in this case the company keep the shares in the accounting and the shares could be reissued in the future.

The company issued 9,000 shares, it is reflected in the Common Stock account,  $90.000 / $10 = 9,000.

Then in the Treasury Stock account are registered the shares that the company repurchases from the market, these are, 6,000 shares.

Finally the total Common Shares outstanding are 3,000.

3 0
3 years ago
Both transportation and assignment problems are members of a category of lp problems called?
kogti [31]

Both transportation and assignment problems are members of a category of lp problems called network flow problems

<h3>What is  network flow problems?</h3>

Network flow problems are a type of combinatorial optimization problem in which the input is a flow network (a graph with numerical capacities on its edges) and the goal is to construct a flow with numerical values on each edge that respect the capacity constraints and have incoming flow.

A company, for example, may want to ship packages from Los Angeles to New York City by using trucks to transport between intermediate cities. If the route connecting two cities only has one truck and each truck has a maximum load, the graph describing the transportation options will be a flow network.

To know more about  network flow problems follow the link:

brainly.com/question/23828054

#SPJ4

3 0
2 years ago
What would happen if the European Union put a quota on American jeans and only allowed 4,000, pairs of jeans to be imported?
brilliants [131]

If the European Union put a quota on American jeans only allowing a small portion to be imported the demand for the jeans would rise even though the supply would not follow that.  When there is a small limit on something that consumers want, the price usually goes up because they know they will sell the items regardless and in this case that may happen. The price of jeans will rise, the demand will rise, but the supply will not.

7 0
3 years ago
Read 2 more answers
Economists use the distinction between private and public goods to determine __________
Butoxors [25]

Economists use the distinction between private and public goods to determine what projects and activities should be undertaken by the government.

In the economy, there are different types of goods among which, public goods are goods which are produced by the government or by nature for the welfare of the people without any cost. On the other hand, private goods are the ones manufactured and sold by private companies to earn a profit.

Economists use this distinction between different goods to allow the government to decide which goods are considered public goods so that the government can channel the funds in order to provide the public goods to the economy.

Hence, both public and private goods have their own importance in the economy.

To learn more about public and private goods here:

brainly.com/question/15176802

#SPJ4

8 0
2 years ago
When individuals acquire, process, and act on relevant economic information promptly in their own self-interest and investigate
notsponge [240]

Answer: rational

Explanation:

Rational expectations is a way by which individuals make their decisions based on their past experience, self interest, human rationality and the information that they have.

Therefore, when individuals acquire, process, and act on relevant economic information promptly in their own self-interest and investigate its impact on others, they are said to have rational expectations.

3 0
3 years ago
Other questions:
  • What is the most common reason for failure to pay regular child support as indicated by the text?
    8·1 answer
  • A strategic business unit​ (SBU) of a major corporation has high market share in its​ industry, but the growth rate of the indus
    11·1 answer
  • Which economic factor contributed most directly to the start of the great depression?
    13·1 answer
  • A greenfield venture may be too slow to establish a sizable presence when multiple choice organizationally embedded competencies
    10·1 answer
  • As a long-term investment at the beginning of the 2021 fiscal year, Florists International purchased 30% of Nursery Supplies Inc
    11·1 answer
  • PLEASE HELP TIME SENSITIVE TEST
    10·1 answer
  • To join together against and have nothing to do with a person, business, nation, employer, or anything else in order to coerce o
    15·1 answer
  • Chandler Sporting Goods produces baseball and football equipment and lines of clothing. This year the company had cash and marke
    9·1 answer
  • Minter is a small software technology firm. To create equal opportunities in the workplace, the management of Minter wants to hi
    10·1 answer
  • Why are most cars manufactured in China?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!