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
Mandarinka [93]
4 years ago
8

Beau Corporation sells a unit of its product for​ $250 per​ unit, while its variable costs per unit are​ $75. Fixed cost are bud

geted at​ $325,000. How many units must Beau Corporation sell in order to earn a target income of​ $200,000. A. ​1,143 units B. ​1,858 units C. ​3,000 units D. ​2,500 units Using the information​ above, what is the contribution margin​ ratio? A. .70 B. .55 C. .30 D. .75
Business
1 answer:
wolverine [178]4 years ago
8 0

Answer:

Number of units that must be sold to earn the target profit is 3000 units.

The contribution margin ratio is 0.70

Explanation:

We will use the break even analysis modified for target profit to calculate the number of units needed to earn the desired

The break even point in units is calculated by dividing the fixed cost by the contribution margin per unit. To calculate the number of units required to earn the desired profit, we add the desired profit to fixed cost and divide it by the contribution margin per unit.

Contribution margin per unit = 250 - 75  =  $175

Number of units required to earn target profit = (325000 + 200000) / 175

Number of units required to earn target profit = 3000 units

The contribution margin ratio is = 175 / 250   =  0.7 or 70%

Dollar Sales required to earn target profit = $4,812,500

You might be interested in
Explain the income from business and its taxation treatment
patriot [66]

Answer: Income is taxed when earned, capital gains income is taxed when realized, dividends when distributed, and other forms of business income may escape taxation entirely .

Explanation:

8 0
2 years ago
Norman Pilbarra submits a market order to buy 400 shares. What is the maximum price that he will pay?
olga nikolaevna [1]

Answer:

The question is missing stock quotes which are found in the attached.

The maximum price that Norman Pilbarra will pay to buy 400 shares is $103.8 per share.

Explanation:

Judging from the attached stock quotes,the first 200 shares offered for sale is $103.5 per share while the next 200 shares is at a price of $103.8.

This then means that the maximum price for 200 shares is $103.8.This information is derived from the ask prices not bid prices since ask price is for sale,whereas bid is for purchase.

5 0
4 years ago
Brian is responsible for the promotions and public relations of his firm, which produces rubber tires. a recent development in t
brilliants [131]

Answer:

Not newsworthy.

Explanation:

The news is not worth publishing because this is not something that excites the public or catches their attention.

When you are in public relations and you need to advertise and promote a company and it's products, the idea is to capture the imagination of your target audience.

In this example, the news proposal will rightly be rejected because it does not seem to serve any of these purposes.

8 0
4 years ago
During 2017, Oriole Company expected Job no. 59 to cost $300000 of overhead, $560000 of materials, and $200000 in labor. Oriole
Readme [11.4K]

Answer:

$165,000

Explanation:

The computation of the amount of over- or underapplied overhead is shown below:

The Predetermined overhead rate is

= Predetermined overhead ÷ direct labor cost

= ($300,000 ÷ $200,000)

= 150% of direct labour cost

Now  

overhead applied is

= (150% × $280,000)

= $420,000

And,  

Actual overhead=$255,000

So,  

overhead overapplied is

= $420,000 - $255,000

= $165,000

5 0
3 years ago
Dell first chooses whether to offer Symantec $30 or $20 for each copy of its software, and then Symantec responds by either acce
Veronika [31]

Answer:

The correct answer is Dell will offer​ $20 per copy of the software and Symantec will accept the offer.

Explanation:

A Nash equilibrium is a situation in which all players have put into practice, and know that they have done so, a strategy that maximizes their earnings given the strategies of others. Consequently, no player has any incentive to individually modify their strategy.

It is important to keep in mind that a Nash equilibrium does not imply that the best joint result for the participants is achieved, but only the best result for each of them considered individually. It is perfectly possible that the result would be better for everyone if, in some way, the players coordinated their action.

In economic terms, it is a kind of imperfect balance of competition that describes the situation of several companies competing for the market of the same good and who can choose how much to produce to try to maximize their profit.

5 0
3 years ago
Other questions:
  • QUICKEST AND BEST ANSWER GETS A FOLLOW AND BRAINLIEST
    15·1 answer
  • Which would you need in the event of professional mishaps?
    15·2 answers
  • What is the definition of science<br>​
    6·2 answers
  • Revising for Conciseness - Rejecting Redundancies and PurgingEmpty Words
    12·1 answer
  • "The price of a European call option on a non-dividend-paying stock with a strike price of $50 is $6. The stock price is $51, th
    13·1 answer
  • . Which of the following describes a short position in an option? A. A position in an option lasting less than one month B. A po
    7·1 answer
  • Brandie is an HR Manager who wants to use evidence-based human resource management in her organization. She should tell her lead
    14·1 answer
  • All American National Company earned $240,000 last year. The board of directors decided to pay out one-half of the firm's earnin
    5·1 answer
  • Describe how having a financial plan will help you earn and save money while moving forward with academic and career goals.
    13·1 answer
  • Eastern Motors Auto Dealership wanted to estimate the average CLV over a 5 year time horizon of a customer who purchases a new v
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!