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
Nitella [24]
3 years ago
5

Northern Pacific Fixtures Corporation sells a single product for $28 per unit. If variable expenses are 65% of sales and fixed e

xpenses total $9,800, the break-even point is: (Round your intermediate calculations to 2 decimal places.) Garrison 16e Rechecks 2017-08-04 Multiple Choice $15,077 $18,200 $9,800 $28,000
Business
1 answer:
Advocard [28]3 years ago
5 0

Answer:

$28,000

Explanation:

The computation of the break-even point in dollars amount is shown below:

Break-even point in dollars amount = Fixed expenses ÷ Contribution margin ratio

where,

Fixed expenses is $9,800

And, the contribution margin ratio

= (Selling price per unit - variable cost per unit) ÷ (Selling price per unit) × 100

= ($28 - $28 × 0.65) ÷ ($28) × 100

= ($28 - $18.2)  ÷ ($28) × 100

= 35%

So, the Break-even point in dollars amount is

= $9,800 ÷ 35%

= $28,000

You might be interested in
The direct materials and direct labor budgets provide information for preparing the:________a) production budget.b) sales budget
Korolek [52]

Answer:

C.) Cash budget.

Explanation:

As the name sounds is exactly what it directly entail; as it explains the direct input and output flow pattern of cash in a said organisation or firm. And in most cases, it is seen to access these funds and their usage pattern.

In this case, it can know and give heads up on when their is cash shortage or when a form does not have enough liquidity funds to run it. That is why here, direct and labour budgets are parts of what makes up the cash budget.

6 0
3 years ago
According to recent market research, Google is one of the most valuable brands in the world. According to this research, the com
liq [111]

Answer:

The correct answer is letter "D": brand equity.

Explanation:

Brand equity is the value a company gains from its name recognition. To ensure customer loyalty the brand equity so valuable, companies must consistently produce quality products. This creates loyal customers who are willing to pay more for a preferred brand.

5 0
3 years ago
You decide to incorporate your bracelet business and get your mother and brother involved in the corporation. Your executive com
Alex_Xolod [135]

False. Not every member of the board of directors is liable personally for the lawsuit. The business owner is the one who is held responsible and liable personally for the lawsuit. Though, the lawsuit typically hurts everyone involved depending on the depth of it because it could lead to company shut down which could cause many people to lose their lives.

5 0
3 years ago
The Digital Millennium Copyright Act, signed in 1998, Multiple Choice allows anyone with access to a computer to publish origina
Rina8888 [55]

The purpose of the Digital Millennium Copyright Act is to improve protection of copyrighted digital products.

<h3>What is the Digital Millennium Copyright Act?</h3>

It is an Act by the U.S. Congress that aims to make it harder to engage in using copyrighted materials without authorization.

It does this by making it illegal to produce technology or devices that help people use copyrighted materials without permission.

In conclusion, option D is correct.

Find out more on copyrights at brainly.com/question/357686.

5 0
2 years ago
Which of the following factors, by itself, requires a corporation to comply with the reporting requirements of the Securities Ex
Ludmilka [50]

Answer:

d.Shares listed on a national securities exchange.

Explanation:

The primary purpose of enacting the securities exchange act of 1934 was to regulate securities and transactions in the financial or money markets. The act ensures fairness in financial dealings, thereby creating investor confidence.

For it to achieve its objectives, the securities exchange act contains mandatory disclosure requirements that ensure investors have access to relevant and accurate information to make decisions. The disclosures have to be made at crucial times to aid in investment decisions. All companies listed in the stock exchange are required to abide by the requirements of the exchange act.

6 0
3 years ago
Other questions:
  • In the context of enterprise resource planning (ERP) systems, the most efficient and effective ways to complete a business proce
    6·2 answers
  • This is not a homework based question, but do you think one day girls will be able to play with the boys in the NFL??
    6·1 answer
  • Shawn is a regional sales manager of a popular fortnightly magazine. He sets targets for and reviews the performances of the sal
    11·1 answer
  • The rate at which a stock's price is expected to appreciate (or depreciate) is called the _____ yield.
    10·1 answer
  • You are working with your project team to schedule activities for your construction project. You have the carpet installation ac
    15·1 answer
  • FAW Group is an automobile manufacturer known for producing efficient, durable, and low-priced cars. Recently, the company launc
    5·1 answer
  • Branding is used to A. identify, anticipate and satisfy customer requirements. B. determine which products are intended for mark
    14·1 answer
  • This is economics question
    9·1 answer
  • A firm has just paid its annual dividend of $5.64 a share. Thereafter the dividend is expected to increase at a rate of 2% a yea
    6·1 answer
  • Aircraft Products, a manufacturer of aircraft landing gear, makes 2,100 units each year of a special valve used in assembling on
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!