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disa [49]
3 years ago
15

Scott Incorporated has been in business for several months. Because of increased competition in the region for part​ adapters, t

he managers at Scott Incorporated is considering cutting sales price from $ 27 per adapter to $ 24 per adapter. New sales price per poster $ 24 Variable price per adapter $ 17 New contribution margin per adapter $ 7 If the variable expenses remain at $ 17 per adapter and the fixed expenses remain at $ 6,000​, how many adapters will the managers need to sell to break​ even? Compute the breakeven sales in units.
Business
1 answer:
dalvyx [7]3 years ago
5 0

Answer:

Break even units = 858 adapters.

Explanation:

Revised selling price = $24 per adapter

Variable cost = $17 per adapter

Contribution per adapter = $24 - $17 = $7

Provided fixed cost = $6,000

Break even point in units = \frac{Fixed Cost}{Contribution per unit}

= $6,000/$7 = 857.14

Since the unit cannot be rounded off downwards, we have

Final Answer

Break even units = 858 adapters.

You might be interested in
At some colleges and universities, economics professors receive higher salaries than professors in some other fields.
koban [17]

Answer:

Explanation:

At some colleges and universities, economics professors receive higher salaries than professors in some other fields.

A. Why might this be true?

Economists have a higher opportunity cost working in academia than professors in other fields because in certain fields that are different from academic,there is a lack of labor opportunity for professor and even when such arise ,they are difficult to get and another reason may be that economists who are good in some fields may employ themselves in other firms with higher wages because of their real life first hand experience, even when some colleges and universities wants to hire them, got to spend a greater amount of money than for professors in some other fields.

B. Some other colleges and universities have a policy of paying equal salaries to professors in all fields. At some of these schools, economics professors have lighter teaching loads than professors in some other fields. What role do the differences in teaching loads play

In order for  university to employ working force which is hard to find, they put in place differences in teaching loads ,such differences in teaching load are intended to attract economics professors by providing nonmetary compensation

3 0
3 years ago
A machine purchased on 1/1/21 for $24,000 and on which $14,400 of Accumulated Depreciation has been recorded through 12/31/23 wa
Amanda [17]

Answer:

Gain on disposal = $7600

Explanation:

As the machine is sold on 1 April 2024, we first need to update the depreciation expense and charge the depreciation to the date. The depreciation has been charged till 1 December 2023. So, we need to charge the depreciation for three more months.

The formula for depreciation expense under straight line method is,

Depreciation expense per year = (Cost - Salvage value) / Estimated useful life

Depreciation expense per year = (24000 - 0) / 5

Depreciation expense per year =  $4800 per year

Depreciation expense for three months = 4800 * 3/12 = $1200

Accumulated depreciation 1 April 2024 = 14400 + 1200  =  $15600

To calculate the gain or loss on disposal, we first need to determine the net book value of asset and deduct it from the cash received on disposal.

NBV = Cost - Accumulated depreciation

NBV = 24000 - 15600

NBV = $8400

Gain on disposal = 16000 - 8400

Gain on disposal = $7600

6 0
3 years ago
What is the best source of information to use when purchasing a new car?
Elza [17]
Unpaid reviews on reputable car sites.

social media spreads lies, car salesman might lie about the car in order to make a sale, and an ad will do the same.
3 0
3 years ago
Steve walker was happy with his new personal computer. it had all the features he wanted, including a color monitor and cd-rom,
Sidana [21]
He was experiencing buyers remorse
6 0
3 years ago
In an effort to help prevent children from accidentally ingesting pharmaceuticals, the government passed a regulation requiring
hodyreva [135]

Answer:

D. Good intentions do not always lead to desirable outcomes.

Explanation:

Here in the question, it is evident that in order to protect the children from poisoning themselves, the government took a good step by passing a regulation to put child-resistance safety caps on the pill bottles.

But it is also evident that this regulation back fired and caused more casualties than before due to the non serious behavior of the general public.

Hence it can be concluded that the government put a good intention but it did not lead to the desired outcome for the government.

Hope I made myself clear buddy.

Good Luck.

4 0
3 years ago
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