Answer:
Break even point in units = 40000 units
Explanation:
The break even point in units is the number of units where the total revenue equals total cost. It is a point of no profit and no loss. The break even point in units is calculated as follows,
Break even in units = Fixed cost / Contribution margin per unit
Where, contribution margin per unit = Selling price per unit - Variable cost per unit
Contribution margin per unit = [1140000 - (570000 + 57000)] / 57000
Contribution margin per unit = $9
Break even point in units = 360000 / 9
Break even point in units = 40000 units
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tools constitute the HOW of service; the proper motive constitutes the WHY of
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assess the different aspects of service.
Answer:
Net operating income= $83,714
Explanation:
Giving the following information:
Sales= $515,000.
Variable costs are 44 percent of sales
Fixed costs are $128,500
Depreciation is $49,750.
Tax= 24 percent.
<u>Income statement:</u>
Sales= 515,000
Total variable cost= (0.44*515,000)= (226,600)
Gross profit= 288,400
Fixed costs= (128,500)
Depreciation= (49,750)
Operating income= 110,150
Tax= 110,150*0.24= (26,436)
Net operating income= 83,714
<span>A higher interest rate and/or a higher balance will result in higher interest earned.</span>