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
Law Incorporation [45]
2 years ago
14

A firm expects to sell 26,100 units of its product at $14 per unit. Pretax income is predicted to be $61,100. If the variable co

sts per unit are $7, total fixed costs must be:
a. $304,300.
b. $365,400.
c. $95,500.
d. $121,600.
e. $182,700.
Business
2 answers:
bija089 [108]2 years ago
3 0

Answer:

d. $121,600

Explanation:

The total sales revenue = 26100 * 14 = $365400

Out of this revenue figure, 61100 is the profit figure which means the total costs are 365400 - 61100 = $304,300

The variable costs amount to = 7 * 26100 = $182700

As we know that the total cost is made up of both fixed and variable costs, the fixed costs will then be,

Fixed cost = Total cost - Variable cost

Fixed Cost = 304300 - 182700 = $121,600

g100num [7]2 years ago
3 0

Answer: $121,600

Explanation:

Given the following;

Number of units = 26,100

Cost per unit = $14

Pretax income = $61,100

Variable cost = $7

Pretax income represents an organization's profif after deducting all operating expenses before except income tax.

Total revenue from sales = $14 × 26,100 = $365,400

If Total revenue from sales = $365,400

and profit accrued after deducting operating expenses = $61,100.

cost of production can be found by;

Total revenue from sales - Pretax income

$365,400 - #61,100 = $304,300

Total cost = $304,300

Using the formula :

Total cost = variable cost + fixed cost

Variable cost = $7 ×26,100 = $182,700

Fixed cost = $304,300 - $182,700 = $121,600

You might be interested in
Last year, Courtney Company reported sales of $640,000, a contribution margin of $160,000, and an operating loss of ($40,000). B
Elanso [62]

Answer:

 Break-even sales         =  $800,000.

Explanation:

<em>The beak-even point is the units of products to be sold or number of customers to be served to enable a business to cover exactly its total cost from the revenue. At the break-even point, the business makes no profit or no loss because the contribution from sales exactly equals the total fixed cost</em>

<em>Break-even in sales revenue = Total fixed cost/Contribution margin</em>

<em>Contribution margin (%) = Contribution/ sales ×  100</em>

                                        = 160,000/640,000

                                        = 0.25 ×  100

                                        = 25%

<em>Fixed cost =   Contribution -   operating income</em>

                                    = 160,000- -( 40,000)

                             = 160,000 + 40,000

                             = 200,000

<em>Break-even point sales = 200,000/25%</em>

                                       =  $800,000.

3 0
3 years ago
Rina notices that her ad's average cost per click (CPC) is significantly higher than the industry benchmark. But she's not seein
Naya [18.7K]

Answer: Improve the ad’s quality score.

Explanation:

Rina should try to improve her ad's quality score because even if you pay for an ad, it is not a guarantee that your ad will be picked if it does not have a good quality score.

There will be other people like her who have paid for ads and if hers is not as high quality as theirs, the search engine's search bots will pick those ones up more which would leave her ads lower on the ad hierarchy.

She can try to improve ad quality by including relevant ads and giving users a better landing page experience.

5 0
3 years ago
A company has net income of $945,000; its weighted average common shares outstanding are $189,000. its dividend per share is $0.
ExtremeBDS [4]

Explanation:

Net Income=$945000

Average outstanding=$189000

Per Share=$0.90

Market price=$97

Book value=$89.50

Ratio=7:5

4 0
3 years ago
The labor-force participation rate tells us the fraction of the population that a. has chosen to participate in the labor market
Klio2033 [76]

Answer:

a. has chosen to participate in the labor market.

Explanation:

The formula to compute the labor-force participation rate is shown below:

Labor- force participation rate = Labor force ÷ Population of working age

By dividing the labor force with the  Population of working age so that the labor force participation rate could come

Therefore, the option a is correct as it defines the participated in the labor market

8 0
2 years ago
Ben and Leah are planning their 30-year wedding anniversary and are considering taking a 4-day trip to Alaska. How much will the
EastWind [94]

Answer:

D) $2,622

Explanation:

Daily costs

= ($8/meal x 3 meals/day x 2 people) + $45 + $190 + $25) = $308 daily costs

Total costs

= ($400 x 2) + 90 + 500 + (308 x 4 days)

Hence:

Total costs = 800 + 90 + 500 + 1,232

= $2,622

4 0
2 years ago
Read 2 more answers
Other questions:
  • Use the compound interest formula,     . kelly opened a savings account with $500 she received at eighth grade graduation 4 year
    6·2 answers
  • Emilee signed a rental agreement for her new condo. how long is her lease?​
    7·2 answers
  • (bank deregulation some economists argue that deregulating the interest rates that could be paid on deposits combined with depos
    6·1 answer
  • According to business process management, identify the management's next step after developing a vision for the organization.
    12·1 answer
  • Since the end of World War II, manufacturing firms in the United States and in Europe have been moving farther and farther outsi
    11·1 answer
  • hile giving her students a physics exam, Professor Thompson noticed that Jack, one of her students who has been struggling with
    9·1 answer
  • Perez, Inc. owns 80% of Senior, Inc. During Year 1, Perez sold goods with a 40% gross profit to Senior. Senior sold all of these
    6·1 answer
  • On March 12, Klein Company sold merchandise in the amount of $7,800 to Babson Company, with credit terms of 2/10, n/30. The cost
    14·1 answer
  • Several alternatives are under consideration to enhance security at a county jail. Since the alternatives serve different areas
    12·1 answer
  • Assume the marginal propensity to consume is 0.75. What will happen if government spending increases by $100 billion
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!