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
pentagon [3]
3 years ago
6

Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are: M N O Unit sal

es price $ 7 $ 4 $ 6 Unit variable costs 3 2 3 Total fixed costs are $340,000. The break-even point in sales dollars for the current sales mix is (round to the nearest thousand): $ 20,000. $289,000. $400,000. $629,000. $740,000.
Business
1 answer:
Ivahew [28]3 years ago
3 0

Answer:

The answer is 629,000.

Explanation:

  • For each unit of M sold, the price is 7 and the cost is 3, so the contribution margin is 4;
  • For each unit of N sold, the price is 4 and the cost is 2, so the contribution margin is 2;
  • For each unit of O sold, the price is 6 and the cost is 3, so the contribution margin is 3;
  • With the mix, 1 unit of sale contributes (contribution per mix) 3*M+1*N+2*O = 3*4+1*2+2*3 = 20

For covering the 340,000 of fixed costs, you have to sale 340,000/20 units. That's equal to 17,000 units.

Each unit of sales is equal to (price per mix) 7*M+4*N+6*O = 7*3+4*1+6*2 = 37. So, with 17,000 units, the total sales will be 17,000 * 37 = 629,000.

You might be interested in
Craydye Corporation manufactures a part for its production cycle. The costs per unit for 8,000 units of this part are as follows
irakobra [83]

Answer:

Make; $72,000

Working:

Make ($106*8000)                         848,000

Buy [($120*8000 - 40,000)]           920,000

Make increases profits by              72,000

7 0
3 years ago
Read 2 more answers
How groups function and, ultimately, their effectiveness hinge on group characteristics and processes known collectively as grou
Nikitich [7]
This is too much I can’t even understand it
4 0
3 years ago
In the context of the Situational Leadership model which of the following was defined as the extent to which a leader spells out
loris [4]

The extent to which a leader explains their roles and obligations to a person or group is known as task behavior. Giving instructions on what to do, how to do it, when to do it, and where to do it is a part of this conduct.

<h3>The definition of situational leadership is which of the following?</h3>

Situational leadership is the practice of adapting your management style to the needs of the team or specific team members in each unique situation or assignment. Paul Hersey and Ken Blanchard established the Situational Leadership Theory in 1969.

<h3>Which four contextual factors influence leadership?</h3>

Every leader should be aware of the four key elements of leadership: the led, the leader, the situation, and the communication. When exercising leadership, all four criteria must constantly be taken into account.

To know more about behavior visit:-

brainly.com/question/8871012

#SPJ4

5 0
1 year ago
Indicate whether each of the following statements is true or false.
m_a_m_a [10]

Answer:

c

Explanation:

5 0
3 years ago
Jamison is self-employed and he works out of an office in his home. Jamison itemizes his deductions, and the sum of his itemized
Arte-miy333 [17]

Answer: c. Interest expense and property taxes, other expenses, depreciation expense.

Explanation:

In terms of deductibility, interest expenses such as mortgages take precedence along with taxes on property.

After this comes other expenses starting first with direct expenses incurred in providing Jamison's services then there will be other expenses such as insurance, periodic repairs and admin expenses.

At the bottom of the hierarchy is depreciation expense which is the last expense that can be deducted

6 0
2 years ago
Other questions:
  • A sporting goods manufacturer budgets production of 48,000 pairs of ski boots in the first quarter and 39,000 pairs in the secon
    8·1 answer
  • ________ are a vital part of the public health assessment function and are used to identify special risk groups, to detect new h
    7·1 answer
  • 1. Total expenditures (or total revenue) is found by multiplying the __________________ of a product by the __________________ _
    13·1 answer
  • When a firm is operating in a perfectly competitive labor market the wage the firm increases with the number of workers hired. t
    6·1 answer
  • A company that makes baseball caps is underutilizing its resources. what does this mean?
    13·2 answers
  • Which of the following accounts would not be included in the Acquisition and Payment for Long-Lived Assets Cycle? a. Revenue. b.
    13·1 answer
  • Can you think of a bad decision from your own school or work experience, or from recent business or political news stories, that
    6·1 answer
  • Ann is trying to decide which one of two job offers she will accept. Several items are presented below:
    11·1 answer
  • Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases
    10·1 answer
  • How long after irs process return will it be direct deposited.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!