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
vodomira [7]
3 years ago
9

Suppose that a company expects the following financial results from a project during its first year operation:

Business
1 answer:
stiks02 [169]3 years ago
5 0

Answer:

a. Contribution margin in percentage is 66.67%

b. Break even point in units is 2500 units

Explanation:

a.

Contribution margin is the value that each product is contributing towards covering the fixed costs of the business. The contribution margin is calculated by deducting Variable cost from the total revenue. The contribution margin ratio is the contribution margin expressed as a percentage of revenue.

Contribution margin percentage =  (Contribution margin / Sales) * 100

Contribution margin = Revenue - Variable costs

So Contribution margin ratio = [ (300000 - 100000) / 300000] * 100 = 66.67%

b.

The break even point in units the quantity of units needed to be sold in order for the firm to break even. Break even is the point where Total revenue equals total costs.

Break even in units = Fixed cost / Contribution margin per unit

Contribution margin per unit = Selling price per unit - Variable cost per unit

Contribution margin per unit = (300000 / 10000)  -  (100000 / 10000) = 20

Break even point in units = 50000 / 20 = 2500 units

You might be interested in
________ would be hurt by unexpected inflation. a. A firm that purchased inputs with a two-year contract b. A worker whose wage
shepuryov [24]

Answer:

a firm who hired a worker

Explanation:

on a two year wage contract

6 0
3 years ago
As mentioned in the video, the US produces an annual "List of Goods Produced by Child Labor or Forced Labor." How effective do y
lina2011 [118]

Answer and Explanation:

By publishing the "List of Goods Produced by Child Labor or Forced Labor" the American government is able to raise awareness among the population that, although child labor is something inconceivable in American society, it still happens with great intensity in various places around the world. This allows the population to become aware of this situation and to stop buying products produced by companies that finance and allow child labor to happen. When they stop using these products, companies suffer a decrease in demand, which can cause significant changes in the production and in the lives of children who need to work.

While consumer pressure at companies that allow child labor is effective, pressure from political and commercial authorities is more effective in bringing about change and ensuring the protection of children, as these authorities can promote severe punishments for those who allow this to happen.

7 0
3 years ago
Use each of the key terms to complete the following sentences.
Degger [83]

Answer:

1. Negative reinforcement.

2. Social learning.

3. Behavior modification.

4. Extinction.

5. Classical conditioning.

Explanation:

Operant conditioning can be defined as an associative learning process which involves reinforcing the strength of a behavior. Thus, the outcome depends on the response in operant conditioning.

A reinforcement of a desired behavior involves the process of strengthening a positive behavior being exhibited by an individual through the use of stimulus.

Behavior modification is a therapeutic process that is focused on changing any undesirable negative behavior in an individual through the use of positive or negative consequence and biofeedback.

Behavior modification is typically based on operant conditioning principles, through negative or positive reinforcement, undesirable behaviors developed by an individual are mainly replaced with more desirable ones.

1. Negative reinforcement: every time the new machine is turned on it beeps loudly until the operator runs a full safety check on it. After the safety check is complete, the beeping stops.

2. Social learning: after watching a coworker get in trouble for deviating from the call center script while handling a customer, you decide to always say exactly what the company wants you to when speaking with customers.

3. Behavior modification: one of your subordinates is very inconsiderate and often leaves his empty coffee cups around the office when he is done rather than throwing them out. You start paying attention to when he throws out his trash and comment on how much this is appreciated and keeps the office looking nice.

4. Extinction: your colleague likes to tell inappropriate jokes before meetings and this makes you and the rest of your team uncomfortable. You and your teammates start ignoring the comments instead of smiling politely when the jokes are told to help eliminate the behavior.

5. Classical conditioning: Every time the HR representative comes to work dressed in a suit, layoff notices seem to be distributed. You and your colleagues start worrying whenever you see the HR representative dressed up for work.

Classical conditioning can be defined as a learning process which involves repeatedly pairing two stimuli: conditioned stimulus and unconditioned stimulus. In classical conditioning, a response which is at first brought forth by the second stimulus is later brought forth by the first stimulus alone.

Basically, it is a process through which a living organism learns to associate stimuli and as a result anticipating events.

5 0
3 years ago
After Kira had had several drinks one night, she sold Charlotte a diamond necklace worth thousands of dollars for just $100. The
soldi70 [24.7K]

Answer:

The contract was voidable at her option.

Explanation:

The contract was voidable at her option, this is voidable as well as she have a prove that really shows that she was really intoxicated when the Charlotte a diamond necklace worth thousands of dollars for just $100 was sold and the terms and conditions want understood by her at that time. Then with that Charlotte can return of her necklace.

7 0
3 years ago
A tax on gasoline that is applied at the point of purchase, like a sales tax, would likely cause an increase in the
Mademuasel [1]

The correct option is C. The consumer will have to pay more because the supply of gasoline will decrease, which would put upward pressure on the price.

<h3>What is Gasoline?</h3>

Gasoline, or petrol, is a transparent, volatile, flammable liquid hydrocarbon mixture used as a fuel, especially for internal combustion engines, and usually blended from several products of natural gas and petroleum.

Thus, the tax on gasoline at the point of purchase would increase the price consumers have to pay for gasoline.

Learn more about Gasoline here:

brainly.com/question/13402652

#SPJ1

8 0
2 years ago
Other questions:
  • Which of the following is an example of a pull factor?
    14·1 answer
  • Shaun is a student who has received an athletic scholarship to State University. The scholarship paid $14,000 for tuition, $2,50
    10·1 answer
  • Sirhuds Inc., a maker of smart watches, reports the information below on its product. The company uses absorption costing and ha
    11·1 answer
  • Why would Africa need a solar cooker or oven?
    15·2 answers
  • Camp Elim obtains a $125,000, 6%, five-year loan for a new camp bus on January 1, 2021. If the monthly payment is $2,416.60, by
    15·1 answer
  • Wilson Co. produces sports equipment and is currently producing 2,000 tennis rackets annually. A supplier has offered to produce
    13·1 answer
  • Which mortgage would result in higher total payments? mortgage a: $970 a month for 30 years mortgage b: $760 a month for 5 years
    15·1 answer
  • Mark and Jillian are business partners that decide to go their separate ways. As they are selling the business assets, Mark inte
    15·1 answer
  • Most fast-food restaurants are focused on attracting ________ customers.
    7·1 answer
  • Explain public finance in your own words​
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!