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>
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Answer:
b. independent variable
Explanation:
The “treatment” in an experiment is also the independent variable, which is the variable that is controlled or manipulated to bring about a change or effect on the dependent variable.It is the variable the in which, when the value is manipulated or changed, it influences the value of the dependent variable. For example, income as an independent variable, when manipulated in an experiment can influence a dependent variable such as household consumption. Changes to the independent variable result in changes in the dependent variable.
Why is the free enterprise system subject to business cycles? A. because individuals and businesses acting in their own self-interest make economic decisions. A free enterprise is an economy where products, prices and services vary based on the the market and not by what the government says. The free enterprise system allows businesses to be free from government control. They are free from communism and able to make their own decisions regarding their business.
Answer:
Kindly refer to the attached table for breakdown of answers
Explanation:
FIFO is a costing method that assigns costs to production based on a First in First out basis. Meaning the oldest stocks are transferred to production before the earlier purchased stock
LIFO is a costing method which assigns costs to production on the newness of the stock item, that is Last in First out. The latests stock is always the first to be transferred to production
Weighted Average attempts to find a mix between FIFO & LIFO by employing a uniform valuation based on total value of stock divided by the Quantity of stock available at every point in time.
Cost of Goods sold is the relative cost associated with the sales volume based on the cost method adopted of the 3 listed above
And Closing inventory is the valuation of the stock left over at year end based on the Costing method earlier employed.
Some firms, industries and cultures have different corporate social responsibility (CSR) thresholds than others due to differences in the operating area, level of business complexity and legal and cultural differences between countries.
Corporate social responsibility is an increasingly growing requirement in today's society, which considers organizations to be institutions that promote social and environmental development.
CSR types can be:
- Preservation of the environment
- Diversity and Work Practices
Therefore, each company will identify the best strategy to implement CSR in its processes, in order to create value for stakeholders, increase employee satisfaction, be more competitive and positioned in the operating market.
Learn more about CSR here:
brainly.com/question/14624782
