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
garik1379 [7]
3 years ago
9

Hayduke Corporation reported the following results from the sale of 5,000 units in May: sales $300,000, variable costs $180,000,

fixed costs $90,000, and net income $30,000. Assume that Hayduke increases the selling price by 5% on June 1. How many units will have to be sold in June to maintain the same level of net income?
Business
1 answer:
dsp733 years ago
4 0

Answer:

4,444.44 units

Explanation:

For the computation of Number of units to be sold to earn target profit first we need to follow some steps which are shown below:-

Selling price per unit = Sales ÷ Number of units sold

= $300,000 ÷ 5,000

= $60

Variable cost per unit = Total variable cost ÷ Number of units sold

= $180,000 ÷ 5,000

= $36

Increase in selling price = $60 × 5%

= $3

New selling price per unit = $60 + $3

= $63

New contribution margin per unit = New selling price per unit - Variable cost per unit

= $63 - $36

= $27

Number of units to be sold to earn target profit = (Fixed cost + Target profit) ÷ Contribution margin per unit

= ($90,000 + $30,000) ÷ $27

= $120,000 ÷ $27

= 4,444.44 units

You might be interested in
What is the most likely reason some people avoid all carbohydrates in order to lose weight?
liberstina [14]

Answer:

People avoid carbohydrates, because they have a high calory density.

6 0
3 years ago
It's an opportunity to give a good impression or introduction of yourself. It can capture the attention of a potential employer
GalinKa [24]

Answer:

Period

Explanation:

6 0
2 years ago
What is the most likely option an individual might research if saving for a short term goal
navik [9.2K]

For short term financial goals, it would be best to put the money in an investment that earns the highest interest while still remaining <em>liquid (</em>aka easy to withdraw your money when you want). In this case some good options would be a high-interest earning savings or money market account.

For short term goals you want to avoid investments that require you to tie your money up for long periods of time like bonds or certificates of deposit.

3 0
3 years ago
Read 2 more answers
The major advantage of debt financing is the: Group of answer choices number of different sources from which it is available amo
Eduardwww [97]

The major advantage of debt financing is the number of different sources from which it is available amortization benefits.

It is referred to as debt financing when a business takes out a loan that will be repaid with interest at a later time. A secured or unsecured loan could be used to finance it. To finance operating capital or an acquisition, a company will take out a loan.

A party, the debtor, is obligated by a debt to pay another person, the creditor, money or another agreed-upon value. In contrast to an immediate purchase, debt involves deferred payments or a series of payments.

Learn more about debt financing here brainly.com/question/26895906

#SPJ4

3 0
1 year ago
Based on the following data, what is the amount of quick assets?
Neporo4naja [7]

Answer:

the total of quick assets is 173,000

Explanation:

assets are fast, they are those that are considered current, that is, in less than a year they can be used to cancel liabilities or acquire other goods.

First we dismiss all liability accounts.

Then we analyze the possibility of assets "becoming" money in less than a year.

They are the following items:

Accounts receivable 45,000

Cash 20,000

Inventory 72,000

Marketable securities 36,000

Total = 173,000

7 0
3 years ago
Other questions:
  • Melrose Manufacturing has net sales revenue of $624,000, cost of goods sold of $274,560, net income of $95,360, and preferred di
    5·1 answer
  • In​ economics, the best definition of technology is: A. the speed of communication. B. the development of new products. C. the p
    14·1 answer
  • A purchase order is created by the accounting department. <br> a. True <br> b. False
    7·1 answer
  • A change in the quantity demanded of a good is: a. represented by a shift to a new demand curve. b. represented by a movement al
    13·1 answer
  • Financial statements are the major means of communicating accounting information to interested parties. Group of answer choices
    13·1 answer
  • Janitor supply produces an industrial cleaning powder that requires 40 grams of material at $0.10 per gram and .25 direct labor
    10·1 answer
  • Select the item that can be answered by using knowledge. 1. A transaction's order date, amount sold, and quantity ordered 2. Tak
    14·1 answer
  • On average, do women spend more on haircuts than men? Someone took a random sample of men and women at UF and asked them how muc
    14·1 answer
  • Feel great. smell great," goes the warm, lilting theme song of a television ad for perfume, as the model dances through a field
    10·1 answer
  • Does skeppy have a job?
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!