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gregori [183]
3 years ago
11

Which of the following statements best describes the function of the break-even point?a) It signifies the point at which the dem

and for a product is less than the total supply available.b) It signifies the point at which the demand for a product is less than the total supply available.c) It signifies the additional cost of manufacturing and marketing one additional unit of a product.d) It signifies the quantity at which the cost of a product equals the revenue generated from the product.e) It signifies the point at which a percentage decrease in the cost of product will result in a percentage increase in the demand for the product.
Business
1 answer:
swat323 years ago
3 0

Answer:

d) It signifies the quantity at which the cost of a product equals the revenue generated from the product.

Explanation:

As the name suggests "Break-EVEN" point is the point in which a specified amount of inventory sold would yield no profit because the amount of revenue is equal to the costs.

Stated differently, it is the point at which cost or expenses and revenue are equal: there is no net loss or gain, and the product has "broken even"

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Economics concerns the allocation of resources for which processes?
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Production and Distribution. Economics is concerned with how to produce goods and services using limited resources, and most efficiently distribute these products to maximize the benefit of everyone. 
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3 years ago
Zimmer, Inc. started the month of January with beginning finished goods inventory of $20,000. The cost of goods manufactured dur
Vlad1618 [11]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Beginning finished goods inventory of $20,000

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Ending finished goods inventory was $50,000

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

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8 0
3 years ago
A manager checked production records and found that a worker produced 185 units while working 50 hours. In the previous week, th
Anettt [7]

Answer:

Current Period Productivity= 3.7units/hour

Previous Period Productivity=  2.9units/hour

Explanation:

Giving the following information:

Worker produced 185 units while working 50 hours.

In the previous week, the same worker produced 116 units while working 40 hours.

We will compute productivity based on units per hour.

Worker productivity= Total units/total hours

Current Period Productivity= 185/50= 3.7units/hour

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6 0
3 years ago
When is a liability considered "current"?
MrRa [10]
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Time Remaining 1 minute 56 seconds00:01:56 Item 1Item 1 Time Remaining 1 minute 56 seconds00:01:56 You Save Bank has a unique ac
Amanda [17]

Answer:

Future value = 16007.81437

Explanation:

we have to compound all the rates for the time period together as the 7,750 as exposed to this rate and their interest generated in one period are taking into consideration for the subsequent period interest calculations.

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We multiply them and get the future value factor:

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we now can solve for future value:

Future value = 16007.81437

6 0
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