Answer:
The company's CM ratio: 0.5
Its break-even point in units: 14,300 units and in dollars: $286,000
Explanation:
Variable expense per unit = Variable expenses/ number of units = $128,000/12,800 = $10
The contribution margin ratio is calculated by using following formula:
Contribution margin ratio = (Sales - Total Variable cost)/Sales = ($256,000 - $128,000)/$256,000 = 0.5
The break-even point is the level of production at which the costs of production equal the revenues for a product and calculated by using following formula:
Break-even point in units = Fixed expense/(Selling price per unit-Variable expense per unit) = $143,000/($20 - $10) = 14,300 units
Break-even point in dollars = 14,300 units x Selling price per unit = 14,300 x $20 = $286,000
Answer:
The following are six essential management skills that any manager ought to possess for them to perform their duties:
Planning. Planning is a vital aspect within an organization. ...
Communication. Possessing great communication skills is crucial for a manager.
Decision-making. ...
Delegation. ...
Problem-solving. ...
Motivating.
Answer:
a- Red Hot is less efficient than Maverick Cycles in producing goods.
Explanation:
Given data
The Red Hot's Cost of goods sold/Revenue = 63.4%
And, the Cost of goods sold/Revenue of Maverick Cycles = 54.2%
By considering the above information, we can see that in the red hot case, the percentage is higher whereas in the maverick cycles the percentage is lower than reflecting the less efficient in the red hot case as the cost value that is incurred for producing the goods and services is higher than the sales revenue while in another case, the cost is lower as compared to the red hot
The discounted payback period for the project is 2.33 years.
Time Cashflow PVF at 8% Present value Cumulative Present value
0 -$100 1 -100 -100
1 40 0.925926 37.03704 -62.963
<u><em>2 50 0.857339 42.86694 -20.096</em></u>
3 60 0.793832 47.62993 27.53391
<u>Note</u>
- The PVF for each year are derived using the PVF calculator (i.e PVF, 8%, 0 years)
- We can also observe that we are able to payback the money before the entire 3rd year, therefore, the 2nd year will be used in calculation of discounted payback period.
Discounted payback period = 2 Years + 20.096/47.6299
Discounted payback period = 2 Years + 0.33
Discounted payback period = 2.33 years.
Therefore, the discounted payback period for the project is 2.33 years.
Missing word includes <em>"Compute the discounted payback period for a project with the following cash flows received uniformly within each year and with a required return of 8%: Initial Outlay = $100 Cash Flows: Year 1 = $40 Year 2 = $50 Year 3 = $60"</em>
See similar solution here
<em>brainly.com/question/13247540</em>
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