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Alex777 [14]
3 years ago
13

Data concerning the next month’s budget appear below: Selling price $25 per unit Variable expenses $17 per unit Fixed expenses $

6,400 per month Unit sales 950 units per month Required: 1. Compute the company’s margin of safety. (Do not round intermediate calculations.)
Business
1 answer:
Arte-miy333 [17]3 years ago
4 0

Answer:

margin of safety= 15.79%

In unitos= 150 units

Explanation:

Giving the following information:

Selling price $25 per unit Variable expenses $17 per unit Fixed expenses $6,400 per month Unit sales 950 units per month.

Break-even point= fixed costs/ contribution margin

Break-even point= 6400/(25-17)= 800 units

margin of safety= (current sales - break-even point)/current sales level

margin of safety= (950 - 800)/950= 15.79%

In unitos= 150 units

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When a firm produces 50,000 units of output, its total cost equals $6.5 million. when it increases its production to 70,000 unit
Effectus [21]

I believe the answer you're looking for is $145. explanation is marginal cost equals change in total variable cost/change in quantity. So it would be $9.4 million - $6.5 million = $2.9 million/20,000. So $2,900,000÷20,000= $145

7 0
4 years ago
Two investment centers at a large corporation have the following current-year income and asset data:  Investment Center A Invest
Sergio039 [100]

Answer:

26.923%

Explanation:

Return on Investment

\frac{return}{investment}

Center B

return 525,000

investment 1,950,000

ROI 525,000 / 1,950,000 = 0,26923076923 = 26.923%

Is metric is used to determinatethe efficiency of the assets. It compares the generated amount with the investment account.

The investment yields 26.923% of the principal

8 0
3 years ago
To display desserts in restaurants, Mario Sclafani ordered refrigeration units from Felix Storch, Inc. Felix faxed a credit appl
Illusion [34]

Sclafani is a disclosed principal

<u>Principals are liable for contracts made by an agent when that contract was authorized by the principal. </u>

Explanation:

1) Who was the principal?

Sclafani is a disclosed principal

<u>Principals are liable for contracts made by an agent when that contract was authorized by the principal. </u>

<u> </u>

2) Who is the agent?

<u>The office worker </u>

3) Who is the third party?

<u>When a third party, in this case Felix, enters into a contract with a disclosed principal, in this case Sclafani, who is liable on the contract the principal alone </u>

In this case Felix alleged that Sclafani authorized the officer worker to sign and fax the credit application back to Felix. Felix likely alleged that in the event Sclafani did not give actual authority to the officer worker, the officer worker had apparent authority to contract with Felix.

Apparent authority is established when the principal leads a reasonably prudent person to justifiably believe that an agent has authority to act.

6 0
3 years ago
You have just obtained a mortgage to purchase your home. The​ ________ that you paid to obtain the loan are charges that must be
garik1379 [7]

Answer:

Points

Explanation:

Mortgage points or discount points are prepaid interest available when obtaining a mortgage.

When a lender charges the borrower points he is in effect increasing the yield on the loan above the interest rate agreed on the loan.

Borrowers can also offer points to the lender to obtain a reduced interest rate and reduced monthly payment in exchange for upfront payment of points.

8 0
4 years ago
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lidiya [134]

Answer:

B. Biases

Explanation:

A bias occurs when an individual makes an ill informed decision. This usually results from previous experience or deeply held beliefs about a situation. The individual diverges from rational choice and are rather influenced by emotions and invested opinions.

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5 0
3 years ago
Read 2 more answers
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