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Feliz [49]
3 years ago
7

Contribution Margin, Break-Even Sales, Cost-Volume-Profit Chart, Margin of Safety, and Operating Leverage

Mathematics
1 answer:
Mrrafil [7]3 years ago
7 0

Answer:

Giving the following information:

Units sold= 450,000

Total Sales= $12,150,000

Total variable cost= $6,925,500

Total fixed cost= $3,242,673

First, we need to calculate the unitary selling price and variable cost. Then, we calculate the contribution margin.

Selling price= 12,150,000/450,000= $27

Unitary variable cost= 6,925,500/450,000= $15.39

Contribution margin per unit= 27 - 15.39= $11.61

To calculate the contribution margin ratio, we need to use the following formula:

Contribution margin ratio= contribution margin/ selling price

Contribution margin ratio= 11.61/27

Contribution margin ratio= 0.43

To calculate the break-even point both in units and dollars, we need to use the following formulas:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 3,242,673 / 11.61= 279,300 units

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

Break-even point (dollars)= 3,242,673/0.43= $7,541,100

Finally, we need to incorporate the desired profit to the break-even point formula:

Break-even point in units= (3,242,673 + 426,087) / 11.61

Break-even point in units= 316,000 units

Step-by-step explanation:

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Shelia's measured glucose level one hour after a sugary drink varies according to the normal distribution with μ = 117 mg/dl and
TiliK225 [7]

Answer:

The level L such that there is probability only 0.01 that the mean glucose level of 6 test results falls above L is L = 127.1 mg/dl.

Step-by-step explanation:

To solve this problem, we need to understand the normal probability distribution and the central limit theorem.

Normal probability distribution

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

Central limit Theorem

The Central Limit Theorem estabilishes that, for a random variable X, with mean \mu and standard deviation \sigma, a large sample size can be approximated to a normal distribution with mean \mu and standard deviation \frac{\sigma}{\sqrt{n}}

In this problem, we have that:

\mu = 117, \sigma = 10.6, n = 6, s = \frac{10.6}{\sqrt{6}} = 4.33

What is the level L such that there is probability only 0.01 that the mean glucose level of 6 test results falls above L ?

This is the value of X when Z has a pvalue of 1-0.01 = 0.99. So X when Z = 2.33.

Z = \frac{X - \mu}{\sigma}

By the Central Limit Theorem

Z = \frac{X - \mu}{s}

2.33 = \frac{X - 117}{4.33}

X - 117 = 2.33*4.33

X = 127.1

The level L such that there is probability only 0.01 that the mean glucose level of 6 test results falls above L is L = 127.1 mg/dl.

6 0
3 years ago
Which of the following is a solution of x2 + 2x + 4?
ivolga24 [154]
Strictly speaking, x^2 + 2x + 4 doesn't have solutions; if you want solutions, you must equate <span>x^2 + 2x + 4 to zero:

</span>x^2 + 2x + 4= 0.  "Completing the square" seems to be the easiest way to go here:

rewrite   x^2 + 2x + 4  as   x^2 + 2x + 1^2 - 1^2 = -4, or
                                              (x+1)^2 = -3
or                                            x+1 =i*(plus or minus sqrt(3))

or                                            x = -1 plus or minus i*sqrt(3)

This problem, like any other quadratic equation, has two roots.  Note that the fourth possible answer constitutes one part of the two part solution found above.
3 0
3 years ago
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Mrrafil [7]

Answer:

26

Step-by-step explanation:

if you convert 0.26 into a fraction you get 26/100 so the answer is 26.

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3 years ago
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Mashcka [7]

Answer:

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Step-by-step explanation:

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Hope this helps!!

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Answer:

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Step-by-step explanation:

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