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
Igoryamba
3 years ago
13

Abner Corporation makes a product that sells for $200 per unit. The Variable Costs per unit are $120. Fixed Costs total $500,000

each year. Abner currently sells 7,500 units per year. Calculate the number of units that Abner must sell to break even. Use the equation method to solve for the number of units Abner needs to sell to breakeven.
Business
1 answer:
weqwewe [10]3 years ago
4 0

Answer:

6,250 units to break even.

Explanation:

Let's call x the number of units needed.

We know the sales price ($200/unit).

We know the cost of production ($120/unit)

And to break even, the Abner Corporation need to cover their fixed costs of $500,000.

That can be modeled like this:

200x - 120x  = 500000 (sales price - cost price to get 500K)

we simplify and solve:

80x = 500000 (making $80 profit for each unit)

x = 6,250 units

Abner Corp needs to sell at 6,250 units to break even.

Since it is selling 7,500 units, they are making a profid.

You might be interested in
Dye Trucking raised $85 million in new debt and used this to buy back stock. After the recap, Dye's stock price is $8.50. If Dye
ivanzaharov [21]

Answer:

60,000,000

Explanation:

Dye trucking raised $85 million to buy stock

After the recap Dye's stock price is $8.50

Dye share had 70 million share before the recap

Therefore the number of shares present after the recap can be calculated as follows

= 70,000,000-(85,000,000/8.50)

= 70,000,000-10,000,000

= 60,000,000

Hence the number of shares after the recap is 60,000,000

8 0
3 years ago
John manufactures household furniture. His start-up costs, including tools, plans, and advertising, total \$5000$5000dollar sign
scZoUnD [109]

Answer:

$5,000 + $350f

Explanation:

The computation of the production cost in dollars is shown

Here we use the equation form

The start up cost is $5,000

Labor, material cost $350

Now if he makes f pieces of furniture so, his production cost would be

= Startup cost + labor, material cost

= $5,000 + $350f

Hence, this is the answer and the same is to be provided

8 0
3 years ago
exercise 4-9A Calculate the balance of cash using a bank reconciliation (LO4-5) Spielberg Company's general ledger shows a check
algol13

Answer:

$22,789

Explanation:

One of the uses of the Bank Reconciliation Statement is to check the accuracy of the Cash Balance.

The Balance on the Bank Statement and that of the Cash Book in the Ledgers should always agree.

Bank Reconciliation Statement as a July 31

Balance as per Bank Statement                      $22,364

Add Lodgments not yet credited                       $1,745

Less unpresented checks                                 ($1,320)

Balance as per Cash Book                               $22,789

Therefore,

The balance of cash using a bank reconciliation is $22,789

5 0
3 years ago
with this type of externality, in the absence of government intervention, the market equilibrium quantity produced will be than
ikadub [295]

The type of externality where market equilibrium quantity produced will be more than socially optimal quantity in absence of governemtn intervention is Negative externality.

Let understand that whenever a production of good or service negatively affect the unrelated third party who is not directly involved in a market transaction, it is said that negative externality exists in the scenario.

A very good example of commonly cited Negative Externalities are air pollution and noise pollution which was caused during production an affects unrelated third party.

If there is presence of government intervention in the production, then, the production of goods or service will be halted.

Therefore, in conclusion, this type of externality is called the Negative Externality.

Read more about Negative Externality here

<em>brainly.com/question/13901028</em>

7 0
2 years ago
Explain what the national debt is and two ways to affects the country
Sati [7]
A National Debt is the amount of money obtained by one country from another that has not been paid. This can effect a country by means of loss of land actually owned, or it can cause agencies (e.g. Social Security Administration) to be cut on their budget. Meaning the agency to be cut of operational funding will loose a certain amount of funding until funds are found. Normally multiple agencies are cut to obtain some of the money to pay back the debt but this can really hurt agencies for reasoning of staffing as well as other operational costs. Hope this helps! 
5 0
3 years ago
Other questions:
  • Character traits like passion, perseverance, and integrity can determine your success.
    14·1 answer
  • Renata has a home loan for $150,000 at 7.5% interest for 30 years and her payment is $987.00 per month (including principal and
    6·1 answer
  • On October 17, Nikle Company purchased a building and a plot of land for $750,000. The building was valued at $435,000 while the
    11·1 answer
  • considering synonymthe web 2.0 is not a new and improved version of the internet. which of the following alternate names most ac
    5·1 answer
  • Corporate bond A has a 6 percent coupon and matures in 3 years. Corporate bond B has a 6 percent coupon and matures in 15 years.
    6·1 answer
  • Which of the following goods best fit the characteristics of a private good?
    5·1 answer
  • Which of the following are advantages of working for a for-profit healthcare facility? Check all of the boxes that apply.
    13·1 answer
  • On February 3, Smart Company sold merchandise in the amount of $4,100 to Truman Company, with credit terms of 2/10, n/30. The co
    11·1 answer
  • g Paula has developed a successful business selling appliances to homebuilders. She carefully monitors the issuance of new home
    13·1 answer
  • Managers will invest in human resource management only if human resource practices such as developing staff and communication wi
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!