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Olegator [25]
3 years ago
12

Piper Technology's fixed costs are $1,500,000, the unit selling price is $250, and the unit variable costs are $130. What is the

amount of sales in units (rounded to a whole number) required to realize an operating income of $200,000? a.16,000 units b.14,167 units c.11,538 units d.12,500 units
Business
1 answer:
sweet-ann [11.9K]3 years ago
4 0

Answer:

141,667 units

Explanation:

The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.

As such, the net operating income/loss is the difference between the sales and the total costs .

Let the amount of sales in units be y then,

250y - 130y - 1,500,000 = 200,000

120y = 1,700,000

y = 1700000/12

= 141,667 units

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Suppose that the U.S. government decides to charge wine consumers a tax. Before the tax, 30 million bottles of wine were sold ev
AysviL [449]

Answer:

$3

$2

$1

False

Explanation:

The burden of tax refers to who pays the tax between the buyer and the seller.

More burden of tax usually falls to the party with the more inelastic demand because the quantity demanded would not change despite the increase in price as a result of the tax.

To find the amount of tax per bottle = price of wine - amount received by producers = $6 - $3 = $3

The amount paid by consumers = price after tax - price before tax = $6 - $4 = $2

Amount received by sellers = tax- amount paid by consumers = $3 - $2 = $1

It can be seen that consumers bear a higher burden of tax because they pay the greater tax. This means they have an inelastic demand.

If the tax had been levied on producers, the effect on quantity demanded would have been greater because producers have a more less elastic supply when compared to consumers .

I hope my answer helps you

7 0
4 years ago
Read 2 more answers
Mrs. Jones has repeatedly attempted to reduce Jonathon’s behavior of rushing through his daily worksheets. His behavior results
8090 [49]

Answer:

The answer is: DRO or positive reinforcements

Explanation:

Differential Reinforcement Procedures (DRO) is being used by Mrs. Jones by rewarding (reinforcing) Jonathon if he doesn't turn in illegible or poorly done worksheets.

This means that the absence of an undesirable behavior will be reinforced (rewarded).

8 0
4 years ago
Cost of Goods Manufactured, using Variable Costing and Absorption Costing On March 31, the end of the first year of operations,
beks73 [17]

Answer:

a.  $149.00

b.  $217.00

Explanation:

Variable Costing

Product Cost under Variable Costing = Variable Manufacturing Costs Only

Total Variable Manufacturing Cost = $610,900

Unit Cost = Total Cost / Units Manufactured

                = $610,900 / 4,100 units

                = $149.00

Variable Costing

Product Cost under Absorption Costing = Variable Manufacturing Costs + Fixed Manufacturing Costs.

<u>Total Absorption Cost Calculation</u>

Total Variable Manufacturing Cost  $610,900

Fixed manufacturing costs               $278,800

Total Absorption Cost                      $889,700

Unit Cost = Total Cost / Units Manufactured

                = $889,700 / 4,100 units

                = $217.00

5 0
4 years ago
The general fund collects taxes that are legally restricted for use in a future year. The amount of the collections is reported
brilliants [131]

Answer: A. Balance sheet as a deferred inflow.

Explanation:

A general fund is the primary fund used by a government entity. This fund is used to record all resource inflows and outflows that are not associated with special-purpose funds. The activities being paid for through the general fund constitute the core administrative and operational tasks of the government entity

5 0
4 years ago
Read 2 more answers
General Electric is a company that used________to acquire and hold companies in the aerospace, consumer appliances, entertainmen
inn [45]

Answer:

The answer is Conglomeration

Explanation:

This is a term that describes the process by which a conglomerate is created, and a conglomerate is a corporation that owns a number of different businesses that are unrelated.

Another trait of a conglomerate is that every one of the conglomerate's subsidiaries operate independently of each other, but each subsidiary reports to the parent company.

5 0
3 years ago
Read 2 more answers
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