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
likoan [24]
3 years ago
15

Roosevelt Corporation has a weighted-average unit contribution margin of $30 for its two products, Standard and Supreme. Expecte

d sales for Roosevelt are 40,000 Standard and 60,000 Supreme. Fixed expenses are $1,800,000. How many Standards would Roosevelt sell at the break-even point?
Business
1 answer:
vampirchik [111]3 years ago
7 0

Answer:

Standards sales at break even point are 24000 units

Explanation:

The weightage of each product in sales mix is for each product is,

Total sales = 40000 + 60000 = 100000 units

Standard = 40000 / 100000 = 0.4

Supreme = 60000 / 100000 = 0.6

We first need to calculate the overall break even point in units and divide it in the sales mix.

The overall break even point in units = Fixed costs / Weighted average contribution margin per unit

Overall break even in units = 1800000 / 30   =  60000 units

Standards sales at break even point = 60000 * 0.4 = 24000 units

You might be interested in
Dawn's credit card has an APR of 15%, calculated on the previous monthly
vladimir1956 [14]

Explanation:

It can be tempting to pay the minimum amount due on your credit card bill, but it can be really expensive in the long run. Here's what happens if you only pay the minimum on your credit card.

4 0
3 years ago
Which of the following integrates the functions of operations management, logistics management, procurement, and marketing chann
MA_775_DIABLO [31]

Answer: Supply chain management

Explanation: The supply chain management is a form of organizational management that oversees the production, storing and distribution of the products from a manufacturing company to the end user/retailer. The supply chain manager ensures that the right amount of product is produced to meet the needs of the target market.

The supply chain manager also supervises the various channels of supply of a company's product.

7 0
3 years ago
In business ethics, which of the following is not an adequate moral claim of economic<br> theory?
Pani-rosa [81]
A business is a productive organization—an organization whose purpose is to create goods and services for sale, usually at a profit. Business is also an activity. One entity (e.g., a person, an organization) “does business” with another when it exchanges a good or service for valuable consideration. Business ethics can thus be understood as the study of the ethical dimensions of productive organizations and commercial activities. This includes ethical analyses of the production, distribution, marketing, sale, and consumption of goods and services
3 0
3 years ago
Wildhorse Co. wrote checks totaling $41500 during October and $45321 during November. $39460 of these checks cleared the bank in
Natalka [10]

Answer: $3,086

Explanation:

Wrote checks totaling $41,500 in

October less $39,460 of these checks cleared in October

Wrote checks totaling $45,321 in November less $44,275 cleared the bank in November

Balance of uncleared checks

In October is $41,500 - $39,460 = $2,040

In November is $45,321 - $44,275 = $1,046

Total outstanding checks on 30 Nov is $2,040+$1,046 = $3,086

8 0
3 years ago
The following revenue and expense account balances were taken from the ledger of Wholistic Health Services Co. after the account
vova2212 [387]

Answer:

Wholistic Health Services Co.

Income Statement for the year end February 28, 2019

Service Revenue                           $270,900

Less: Supplies Expense                <u>$3,000    </u>

Gross Income                                  $267,900

Less operating Expenses:

Insurance Expense         $4,000

Depreciation Expense    $9,000

Miscellaneous Expense $6,000

Utilities Expense             $1,760

Rent Expense                  $4,200

Wages Expense              <u>$213,000</u>

                                                       <u>$237,960</u>

Net Income                                    <u>$29,940  </u>    

Explanation:

Income statement shows the performance of the company in a year. It provides the details of revenue, expenses and profits for the year. All the expenses are deducted from the revenue to determine the net earning of the business.

8 0
3 years ago
Other questions:
  • The Hawkins Supply company is currently faced with an inventory rotation problem. This difficulty stems from the fact that some
    6·1 answer
  • Ron is an executive coach who wants to develop new training programs for customers and would like feedback from his staff and so
    13·1 answer
  • What is an Exclusive Contract with a Real Estate Agent?
    10·1 answer
  • he HR department at Bailey Services is considering offering telecommuting as an option to some experienced employees. At a meeti
    11·2 answers
  • Two independent companies, Hager Co. and Shaw Co., are in the home building business. Each owns a tract of land held for develop
    5·1 answer
  • Richard’s annual college expenses are expected to total $17,745. He will receive $5,320 in grants. How much will Richard need to
    10·2 answers
  • McNeese is determining the staffing level for their credit union located within the university. The beginning of the fall semest
    5·1 answer
  • I own a factory which I could lease for $100,000 per year. Instead I use it for my own business making PlayDo figures. I earn $2
    5·1 answer
  • Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $354,000 and credit sa
    5·1 answer
  • What motivates people to buy certain products?
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!