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Elena L [17]
4 years ago
14

The Coffee Express has computed its fixed costs to be $.48for every cup of coffee it sells given annual sales of 145,000 cups. T

he sales price is $1.29 per cup while the variable cost per cup is $.07. How many cups of coffee must it sell to break even on a cash basis? 57,049 46,472 23,910 67,630 61,616
Business
1 answer:
dlinn [17]4 years ago
8 0

Answer:

57,049 cups

Explanation:

The formula to compute the break-even point in units is shown below:

Break-even point in units  = (Fixed cost) ÷ (contribution per cup)

where,

Fixed cost = Number of cups × fixed cost per unit

                 = 145,000 cups × $0.48

                = $69,600

Now the contribution per unit equals to

= Selling price per cup - variable cost per cup

= $1.29 - $0.07

= $1.22

Now put these values to the above formula  

So, the value would equal to

= $69,600 ÷ $1.22

= 57,049 cups

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1.) Ocean City Kite Company manufactures & sells kites for $6.50 each. The variable cost per kite is $3.50 with the current
Brut [27]

Answer:

$270,000

Explanation:

Contribution per kite = $6.50 - $3.50 = $3.00

Break even point = 90,000 kites

Since;

Break even point = Fixed cost / Contribution per kite.

We have:

90,000 = Fixed cost / $3.00

Fixed cost = 90,000 * $3.00 = $270,000

Therefore, Ocean City Kite Company's fixed costs is $270,000.

5 0
3 years ago
Shane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $1
masya89 [10]

Answer:

Amount deposit = $118,411.4 (Approx.)

Explanation:

Given:

Future amount = $150,000

Rate of interest = 6% compounds semiannual

Number of year = 4 year

Find:

Amount deposit

Computation:

Compounds semiannual

So,

Rate of interest = 6% / 2 = 0.03

Time taken = 4 x 2 = 8 times

So,

A = P[1+r]ⁿ

150,000 = p[1+0.03]⁸

150,000 = p[1.03]⁸

150,000 = p[1.26677]

p = 150,000 / 1.26677

p = 118,411.393

Amount deposit = $118,411.4 (Approx.)

4 0
3 years ago
Jim is the new manager of operations at Springfield Motors. To his dismay, he finds the employees coming in late to work, taking
alisha [4.7K]

Answer:

The correct answer is letter "B": Positive reinforcement and punishment.

Explanation:

In the Operant Conditioning Method proposed by B.F. Skinner (1904-1990), positive reinforcement refers to the set of actions individuals do to increase the behavior of other individuals. On the other hand, positive punishment aims to decrease behaviors in individuals by prompting undesirable stimuli.

Thus, <em>Jim is implementing positive reinforcement through incentives for workers meeting certain corporate goals and positive punishment by withholding those incentives from employees who get late, take long breaks or act unprofessionally</em>.

6 0
3 years ago
A stock with a current market price of $50 and a strike price of $45 has an associated put option priced at $3.50. This put has
Rashid [163]

Answer:

The answer is D

Explanation:

Intrinsic value can be found by simply using the following formula

Put intrinsic value = Strike Price - Current selling price

this gives,

PIV = $45 - $50 = $-5

A put intrinsic value cannot be vegetative as it can be exercised right now at the current price. Thus it is interpreted as 0.

Time value is calculated as follows

Time Value = Option Price - Intrinsic Value

This gives   TV = $3.5 - $0 = $3.5

Hope this helps.

6 0
4 years ago
When agricultural machines were introduced, a number of industries benefited from them. At the same time, a number of farmers an
zalisa [80]

Answer: (B) Technological component

Explanation:

 The technological component include the organizing, monitoring, evaluation and also implementing the various types of function in an organization.

The technological components basically used for representing the various types of technology in the market and it also helps in reduce the overall cost of the product operation and creating the new product market.

According to the given question, the above given scenario best illustrating the effect of the technological components in an organization by creating the various types of methods.

 Therefore, Option (B) is correct answer.    

5 0
3 years ago
Read 2 more answers
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