The tax burden falls more heavily on the side of the market that is more inelastic.

The following information is available for Kinsner Corporation: Total fixed costs $313,500 Variable costs per unit $99 Selling p

Zanzabum

Answer:

The number of units that must be sold is A. 6,540 units

Explanation:

The number of units must be sold to meet the target profit figure are calculated by using following formula:

The number of units must be sold = (Total fixed cost + Targeted profit) / Contribution margin per unit.

Contribution margin per unit = Sales price per unit – Variable cost per unit = $154 - $99 = $55

The number of units must be sold = ($313,500 + $46,200)/$55 = 6,540 units

7 0

2 years ago

Data pertaining to a company's joint production for the current period follows: L M Quantities produced 200 lbs. 150 lbs. Market

Lelechka [254]

Answer:

Joint cost value based = $396

Explanation:

Given:

Company L M

Quantities produced 200 lbs 150 lbs

Market value $8/lb $16/lb

Total joint cost = $660

Computation:

Market value of L = 200 lbs × $8/lbs

Market value of L = $1,600

Market value of M = 150 lbs × $16/lbs

Market value of M = $2,400

Total market value = Market value of L + Market value of M

Total market value = $1,600 + $2,400

Total market value = $4,000

Joint cost value based = $660 × ($2,400 / $4,000)

Joint cost value based = $396

4 0

2 years ago

The first and easiest skill set that a human resource manager should develop is ______ skill set. a. business b. conceptual and

jeka94

Answer:

C) technical

Explanation:

One of the most important and critical issues that HRM are facing currently, is that technology is outpacing our ability to use it. And that applies to them also, that is why it is so critical for HRM to first develop technical skills, e.g. HR information software, social media handling, SQL and reporting, cloud technologies, etc.

Currently HRM deals more with improving efficiency of the organization's employees, and to be able to perform properly, HRM must dominate the avalanche of new technologies.

8 0

2 years ago

Read 2 more answers

Which of the following is one symptom that might indicate a problem with your computer memory (RAM)?

sweet-ann [11.9K]

The correct answer is D

D- Randomly corruption files

Have a good day and good luck.

4 0

2 years ago

Read 2 more answers

A local farmer grows and sells tomatoes and beans to the local grocers. look at the farmer's business as a system. in which cate

miv72 [106K]

<span>These would be considered outputs. These are the products, services, or funds received as a part of a business transaction. Outputs are anything that a business creates, whether it's a concrete item or is more abstract (such as the enjoyment that a person gets from purchasing the product or service).</span>

8 0

2 years ago