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
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.

You might be interested in
The accountant at Coronado Company is figuring out the difference in income taxes the company will pay depending on the choice o
Anna11 [10]

Answer:

The difference in tax to be paid between the two methods is $455

Explanation:

In this question, we are asked to calculate the difference in tax for the LIFO and FIFO method.

The matter of importance here is that the tax rate is 35%. We proceed as follows:

For the FIFO income, the tax rate is 35% of 8,600 = 35/100 * 8600 = $3010

For the LIFO method, the tax rate is 35% of $7,300 = 35/100 * 7,300 = $2,555

The difference in tax that would be paid between the two methods is 3010-2555 = $455

7 0
3 years ago
What are the cons to raising a minimum wage? ​
tekilochka [14]

Answer:

higher taxes

Explanation:

if we raise minimum wage the tax scale will also raise. our income bases off how much we pay in taxes. meaning more money, more taxes.

3 0
4 years ago
Read 2 more answers
which of the following is an example of a project that belongs to the functional area of accounting and finance? a. market resea
Semenov [28]

Planning a firm's initial public offering is an example of a project that belongs to the functional area of accounting and finance.

A primary marketplace is a supply of recent securities. Frequently on a change, it is where organizations, governments, and other agencies go to achieve financing via debt-primarily based or equity-primarily based securities.

Number one markets are facilitated by way of underwriting corporations such as investment banks that set a starting charge range for a given protection and oversee its sale to buyers.

As soon as the initial sale is entire, similarly, trading is performed at the secondary marketplace, wherein the bulk of trade trading occurs every day.

Learn more about finance here: brainly.com/question/26499492

#SPJ4

3 0
1 year ago
Which of the following is NOT one of the main motivations and characteristics of an entrepreneur?
mojhsa [17]

Process of elimination:

Flexibility is a characteristic because entrepreneurs are designing their own path (path being vague for whatever their entrepreneurship is focused on), allowing for flexibility

Risk is a characteristic because being on your own and doing your own thing is much more unstable than simply working for a well-founded company

Innovation is a characteristic, because the flexibility that comes from being an entrepreneur allows for freedom of ones own ideas, making innovation more likely.

Profit is not a particular characteristic, due to the risk factor.

Profit is the right answer :D

6 0
3 years ago
Use your knowledge of the roles people assume on teams to complete the sentence.
kakasveta [241]

Answer:

d. socioemotional role

Explanation:

As the team works together, Carol plays a <u>socioemotional role</u>, diffusing conflicts and helping everyone feel welcome to contribute ideas.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Employees in engineering and marketing divisions often disagree with each other about how to achieve targets mainly because they
    14·1 answer
  • To follow is information about the units produced and total manufacturing costs for Pine Enterprises for the past six months. Mo
    6·1 answer
  • If country ABC can produce a unit of good 1 by sacrificing fewer units of good 2 than can country XYZ, it is correct to say that
    13·1 answer
  • What is the use of collateral?
    9·1 answer
  • On January 1, 2015, Tropical Paradise borrows $50,000 by agreeing to a 6%, six-year note with the bank. The funds will be used t
    11·1 answer
  • Camerina started work at 9 am, and left at 2:30 p.m. How many hours of
    7·1 answer
  • expain the meaning of national credit act and consumer protection act as some of the contemporary legislation​
    15·1 answer
  • To determine a credit score, debt, available credit and total assets are all part of the
    13·1 answer
  • Why do employers prefer employers with good work ethics
    6·1 answer
  • wayne incurs a $2,000 medical bill. if his health policy has a $1,000 deductible and an 80/20 coinsurance percentage, how much w
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!