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vlada-n [284]
3 years ago
11

The following monthly data are available for Lumberyard Company. which producesonly one product: Selling price per unit, $42; Un

it variable expenses, $14; Total fixedexpenses, $42,000; Actual sales for the month of June, 3,000 units. How much is themargin of safety for the company for June?
Business
1 answer:
aleksley [76]3 years ago
7 0

Answer:

margin of safety= 50%

Explanation:

Giving the following information:

Selling price per unit, $42.

Unit variable expenses, $14.

Total fixed expenses, $42,000

Actual sales for June, 3,000 units.

The formula for the margin of safety is:

Margin of safety= [(current sales level - break-even point)/current sales level]*100

First, we need to calculate the break-even point

break-even point= fixed costs / contribution margin

break-even point= 42000/(42-14)= 1500 units

margin of safety= (3000 - 1500/3000)*100= 50%

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Answer:

A. need payoff

Explanation:

Based on the information provided within the question it seems that the salesperson's SPIN technique is an example of a need payoff. This term refers to asking an individual/customer about the value or importance that something can provide them. Which is exactly what the salesperson is stating by asking "how much money (value) can this save you?"

5 0
3 years ago
The next time you need to make a choice, your brain will use what what method?
Katarina [22]

Answer:

Imagine you have just flicked a lighter. If you don’t see the flame, you will naturally try a second time. If after the second attempt it does not strike a flame, you will repeat your action again and again until it does. Eventually, you’ll see the flame and you’ll know that your lighter works. But what if it doesn’t? How long are you going to flick the lighter until you decide to give up?

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Explanation:

It is well known that the decision-making process results from communication between the prefrontal cortex (working memory) and hippocampus (long-term memory). However, there are other regions of the brain that play essential roles in making decisions, but their exact mechanisms of action still are unknown.

4 0
2 years ago
Suppose a commercial banking system has $40,000 of outstanding checkable deposits and actual reserves of $4,500. If the reserve
ludmilkaskok [199]

Answer: $50000

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Based on the information that's been given in the question, firstly we need to calculate the excess reserves which will be:

= $4500 - (10% × $40000)

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= $5000 / 0.1

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Therefore, the answer is $50,000.

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3 years ago
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Brilliant_brown [7]

Answer:

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Why is it important for a company to pay attention to its
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The company needs to make sure its suppliers are providing products at the lowest cost reason it is important for a company to pay attention to its supply chain when practicing CSR.

<h3>What is CSR?</h3>

Corporate social responsibility CSR is a concept where a business engages in activities that makes it accountable to a wide range of stakeholders.

Corporate social responsibly make businesses corporate citizens. A business shares some of its profits with society by funding projects and programs that benefit the community.

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Learn more about CSR here : brainly.com/question/14624782

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