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posledela
3 years ago
12

Assume the following information:Selling price per unit $200Contribution margin ratio 50%Total fixed costs $275,000How many unit

s must be sold to generate a profit of $50,000?
a. 3,250 unitsb. 2,500 unitsc. 2,750 unitsd. 4,000 units
Business
1 answer:
kkurt [141]3 years ago
7 0

Answer:

Level of sales (dollars) to earn profit of $50,000

= <u>Fixed cost + desired profit</u>

 Contribution margin ratio

= <u>$275,000 + $50,000</u>

             0.5

= $650,000

Number of units to earn profit of $50,000

= <u>Level of sales</u>

  Selling price

= <u>$650,000</u>

       $200

= 3,250 units

The correct answer is A

Explanation:

First and foremost, the level of sales (dollars) to earn $50,000 profit is calculated, which is the ratio of fixed cost and desired profit to contribution margin ratio. Then, we will calculate the number of units to be sold in order to earn $50,000 profit by dividing the level of sales by selling price.

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Careers in the Transportation and Logistics career cluster are
saul85 [17]

Answer:

B)secure industries that are expected to grow.

Explanation:

The other person was right but just accidently said A) instead of B)

Hope this helps! :D

8 0
2 years ago
Harvey Automobiles uses a standard part in the manufacture of several of its trucks. The cost of producing 60,000 parts is $160,
Bas_tet [7]

Answer:

$55,000

Explanation:

The computation of the change in operating income is shown below:

= Buying cost - making cost

where,

Buying cost = Cost of producing parts × outside supplier per unit

                    = 60,000 parts × $3

                    = $180,000

And, the making cost would be

= Variable cost + fixed cost × given percentage

= $110,000 + $50,000 × 30%

= $110,000 + $15,000

= $125,000

So, the operating income would be

= $180,000 - $125,000

= $55,000

3 0
3 years ago
Suppose that you only have liability and collision car insurance and you allow your roommate(who doesn’t have car insurance) to
tatuchka [14]

The accident would likely be covered under the collision insurance, which covers the policyholder's car when it collides with another car or an object (in this case it would be an object since it was a single-vehicle accident.

If you only had liability coverage, the damage would likely not be covered because liability insurance only covers the damage caused to the other person and their car, not you or your car.

This will also be added to your insurance record even though you weren't the one driving because it was your vehicle and your policy.

6 0
3 years ago
Ellis Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just comple
shusha [124]

Answer:

It is the Cost of Goods Manufactured that should be transferred to the Finished Goods account. As both of them are asset account, adding to the Finished Goods account would debit it and taking from the Work in Process account would credit it.

Date                 Account Title                                          Debit                Credit

XX-XX-XXX     Finished Goods                                $1,469,000

                        Work in Process                                                       $1,469,000

4 0
3 years ago
Based on the regression model, the expected daily production volume with 112 factory workers is 118,846 units. The human resourc
givi [52]

Answer:

The residual would be 4569.

Explanation:

Residual is a difference between the observed value and the estimated value.

123,415 - 118,846 = 4569

4 0
3 years ago
Read 2 more answers
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