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
mamaluj [8]
3 years ago
14

Use the following information to determine the break-even point in units (rounded to the nearest whole unit): Unit sales 58,000

Units Unit selling price $14.90 Unit variable cost $8.30 Fixed costs $194,000
Business
1 answer:
Tema [17]3 years ago
5 0

Answer:

29,394 units

Explanation:

The formula for break even point is given as Fixed cost / Contribution margin.

Where;

Contribution margin = Sales per unit - Variable cost per unit

Given that ;

Fixed cost = $194,000

Unit selling price = $14.90

Unit variable cost = $8.30

Therefore;

BEP(units) = $194,000 / $14.90 - $8.30

= $194,000 / $6.6

= 29,394 units

You might be interested in
A(n) _____ is an outside firm that specializes in the creation, production, and/or placement of the communications message and t
krek1111 [17]

Answer:

An advertising agency

Explanation:

An advertising agency is an agency that dedicates it's business to creating , planing , and managing all aspects of a client's advertising. It also specializes in promotions and marketing for its client.

Advertising can be carried out via websites, online and social campaigns, brochures, catalogs, direct mail, print ads, radio and TV commercials, and sales letters.

An advantage of an Advertisement agency is that it helps provide a creative environment that combines interesting activities with work, and great exposure too

6 0
2 years ago
Gusler Corporation makes one product and has provided the following information:
Gre4nikov [31]

Answer:

$807,500

Explanation:

First determine the cost per unit (U) as a function of cost of materials (M):

M = 2 * $2.00 = $4.00

And cost of labor and overhead (L):

L = 2.7*($20.00+$10.00)

L= $81.00

Total cost per unit is:

U = M + L = $4.00+ $81.00

U = $85.00

The estimate cost of goods sold for the month of May (C) is the product of the cost per unit by the number of units sold during the month (9,500):

C= $85.00*9,500

C= $807,500

Therefore, the estimated cost of goods sold for May is closest to $807,500

8 0
3 years ago
The production possibilities curve illustrates the basic principle that: Group of answer choices A) an economy will automaticall
ICE Princess25 [194]

Answer:

The correct answer is option C.

Explanation:

The production possibility curve shows the maximum possible bundle of two goods that can be produced using all the available resources and state of technology.

Since the resources are scarce, when we produce more of one good, we need to sacrifice more and more of the other good.

If all the resources in the economy are fully employed then it is not possible to increase the production of one good without decreasing the production of the other.

The economy can thus produce either on the production possibility curve or below it but not above it.

3 0
3 years ago
Bob Bungler, owner of Bungler Appraisals, has received an assignment to appraise a property located in a small town that has one
umka2103 [35]

<u>Answer:</u>

<em>(A) Principle of Supply and Demand </em>

<u>Explanation:</u>

In economic theory, the law of the organic market is viewed as one of the significant standards administering an economy. It is depicted as the state though supply expands the cost will in general drop or increase, and as request builds, the price will in general increment or the other way around. The increase in demand is equivalent to moving the blue line to one side. A model would be twice the same number of clients needing to purchase the item because of good verbal exchange and promoting.

3 0
3 years ago
A. It is the study of morality and standards of conduct B. It is the victim of subjectivity as it yields to the will of cultural
Shalnov [3]

Answer:

The correct answer is D. It is not related to the area of corporate social responsibility.

Explanation:

Ethics is a branch of philosophy that is responsible for studying morality, that is, what is considered as part of good customs and good living in society in order to generate a friendly and balanced coexistence between people.

Likewise, ethics is a virtue that leads to responsibility, honesty, commitment, to be good citizens and to avoid negatively affecting those around us with harmful actions, especially if it is to obtain a benefit in particular.

Ethics is instilled from an early age through examples that explain and exemplify the importance of our actions and their consequences. Ethics must have the goal of achieving individual happiness and of society in general, hence its object of study is morality, its importance and application.

7 0
3 years ago
Other questions:
  • On January 1, Year 1, Price Co. issued $190,000 of five-year, 6 percent bonds at 96½. Interest is payable annually on December 3
    6·1 answer
  • Suppose that the presidents of two auto manufacturing companies exchange text messages in which they discuss jointly raising pri
    8·1 answer
  • On January 8, Lee Co. borrows $100,000 cash from National Bank by signing a 90-day, 6% interest-bearing note. On April 8, Lee Co
    10·1 answer
  • Griffen Corporation uses a standard costing system. Information for the month of May is as follows: Actual manufacturing overhea
    6·1 answer
  • In the ____________ the elasticity of supply is perfectly inelastic (supply line is vertical) because no adjustments can be made
    7·1 answer
  • The fiscal 2016 financial statements for Walgreens Boots Alliance, Inc., report net sales of $117,351 million, net operating pro
    8·2 answers
  • Georg, a german citizen, just purchased 10 shares of stock in microsoft, a u.s. company. this purchase is an example of
    5·1 answer
  • A sole proprietor is personally responsible for all of the businesses debts, and may be legally required to pay off those debts
    13·2 answers
  • entrepreneurs are the back of the nation.in line with this statement evaluate the contribution of entrepreneurs to the nation by
    13·1 answer
  • Jansen Inc. acquired all of the outstanding common stock of Merriam Co. on January 1, 2019, for $257,000.Annual amortization of
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!