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
I am Lyosha [343]
3 years ago
14

If the first copy cost of a music video is​ $223,000 and the marginal cost is​ $0, then how many copies should the firm sell in

order to break even if the price was​ $10 each?
Business
1 answer:
vesna_86 [32]3 years ago
5 0

Question:

If the first copy cost of a music video is​ $223,000 and the marginal cost is​ $0, then how many copies should the firm sell in order to break even if the price was​ $10 each?

A) 2,230

B) 223,000

C) Zero

D) 22,300

Answer:

The correct answer is B.

Explanation:

Step 1 - Relationship between Marginal Cost and Break Even Price (BEP)

This is given as:

BEP =     \frac{Fixed Cost}{1-(Marginal Cost Per Unit/Selling Price Per Unit)}

Step Two

First compute the denominator

= 1-(0/10)

= 1-0

= 1

Step 3

Therefore BEP = 223,000/1

=  <u>$223,000</u>

<u></u>

Cheers!

You might be interested in
The Card Shoppe needs to maintain 18 percent of its sales in net working capital. Currently, the store is considering a four-yea
mylen [45]

Answer:

$56,520

Explanation:

As per given data

Year     Sales          Working Capital 18%

   0      $279,000   ($50,220)

   1       $308,000   ($5,220)

   2      $314,000    ($1,080)

   3      $314,000    $0

   4      $314,000   $56,520

As the sales value of year 2, 3 and 4 are same, as capital is adjusted in year 2 and company has equal working capital required in year 3, years 4 is the last year of the project so, working capital will be recovered from the project

Net Working capital will be reimbursed at the end of the project. The accumulated value of investment in working capital will be recorded as cash inflow in the analysis.

0 0
3 years ago
What report lists each vendor, the balance due to each vendor, and the total amount due to each vendors?
Lena [83]

Answer: D. schedule of accounts payable

Explanation: The schedule of accounts payable is a list of all vendors which includes their names, amount payable and due date.

It is also a schedule detailed from the account payable ledger.

6 0
2 years ago
A team becomes more cohesive and clarifies members' roles and responsibilities, team goals, and team processes during which stag
Alexeev081 [22]
Norming is the stage when a team becomes more cohesive and clarifies members' roles and responsibilities, team goals, and team processes
6 0
3 years ago
Top management at Prinze Auto Sales has decided to replace their traditional marketing approach with an approach that emphasizes
Citrus2011 [14]

Answer:

2. False

Explanation:

Relationship management is considered an important part of CRM (customer relationship management) and it emphasizes on building and increasing customer loyalty and long term commitment.

If this company was to replace their traditional marketing approach with relationship marketing, they would devote more time to build a solid relationship with existing customers and less time searching for new customers.

5 0
3 years ago
An FHA-insured loan in the amount of $157,500 at 5.5% for 30 years closed on July 17. The first monthly payment is due on Septem
uranmaximum [27]

Answer:

the amount of the interest adjustment is $336.875

Explanation:

The computation of the amount of the interest adjustment is as follows;

= Principal × rate of interest × number of days ÷ total number of days

= $157,500 × 5.5% × 14 days ÷ 360 days

= $336.875

Hence, the amount of the interest adjustment is $336.875

Therefore the given formula is applied

6 0
3 years ago
Other questions:
  • Assume the football team is set up as a general partnership and that Lenny, Sarah, and Sam are all general partners in the team.
    10·1 answer
  • At the beginning of the year an investor purchased 100 shares of common stock from ABC Corporation at $10 per share. During the
    12·1 answer
  • every organization has a set of unwritten norms that mambers of the organization accept and understand and which guide their act
    11·1 answer
  • Bonds often pay a coupon twice a year. For the valuation of bonds that make semiannual payments, the number of periods doubles,
    7·1 answer
  • You would most likely find __ in a formal workplace
    15·1 answer
  • The economic order quantity (EOQ) deals with calculating the proper order size with respect to ____ costs and ____ costs.
    6·1 answer
  • U.S. appliance manufacturers find that different customs about shopping must be used to determine product design. For instance,
    11·1 answer
  • brian is struggling with the choice of publishing his new book, how to cook polish barbeque, as an e-book or a paperback. brian
    8·1 answer
  • Creating, developing, retaining, and obtaining products and services that meet consumer needs is called _____.
    10·1 answer
  • 4. Suppose an 802.11b station is configured to always reserve the channel with the RTS/CTS sequence. Suppose this station sudden
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!