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castortr0y [4]
3 years ago
14

A company sells children’s sleds for $70 each. The firm has variable costs per unit of $35 and total fixed costs of $120,000. Wh

at is the company’s break-even point in sales dollars? *
Business
1 answer:
UkoKoshka [18]3 years ago
4 0

Answer:

$240,030

Explanation:

break-even point formula in units = total fixed costs / contribution margin

  • total fixed costs = $120,000
  • contribution margin = $70 - $35 = $35

break even point in units = $120,000 / $35 = 3,428.5 ≈ 3,429 units (we must round up)

to calculate break even point in sales dollars we multiply the break even point units by the selling price per unit = 3,429 units x $70 = $240,030

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castortr0y [4]

Answer:

Letter D is correct. <em>Public knowledge test.</em>

Explanation:

The ethics test to make your decision was the public knowledge test. According to studies, a person judges the consequences of taking an unethical attitude using a sequential and rational approach. There are a sequence of judgments which are: moral rules, defense testing, ethical principles, and anticipatory high evaluation. Taken together, these steps will help you identify if there are more advantages or disadvantages to an unethical act.

4 0
2 years ago
At the beginning of Year 1, a company reported a balance in common stock of $166,000 and a balance in retained earnings of $66,0
Vinil7 [7]

Answer:

Explanation:

1.

Shareholders equity = Common stock + Retained earnings

Beg. balance = Common stock+Retained earnings = 166,000 + 66,000 = 232,000

Statement of shareholder's equity

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Issuance of common stock  56,000

Add: Net Income 46,000

Less: Dividends 11,600

End balance 322,400

Balance sheet

There is not information for preparation of balance sheet but following is the layout:

Assets:

Cash

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Prepaid rent

Land

Liabilities:

Accounts payable

Salaries

Utilities

Notes payable

Stockholder's equity:

Common stock 222,000 [166,000+56,000]

Retained earnings 112,000 [66,000+46,000]

Total 334,000

6 0
2 years ago
After a kick-off session and six contentious weekly team meetings, Lola is struggling to align her team around common expectatio
Amiraneli [1.4K]

Answer:

storming

Explanation:

Based on Bruce Tuckman’s theory of team development it seems that Lola's team is currently in the storming phase of the evolution process. This is the second phase in the process, in which individuals are still showing hostility towards one another and have not have not fully assigned or understand each persons role in the team. This leads to resisting control from any authority within the group, and prevents team goals from being achieved.

7 0
3 years ago
Patrick is looking to open a checking account to use for groceries he should go to a
Sonja [21]

Patrick goes to any U.S bank branch for opening a checking account for the use of groceries with some documents required for opening a checking account.

<h3>What is a Checking Account?</h3>

A checking account makes it simple to access your money for daily transactions while also assisting in keeping your money safe. It's a flexible account that gives you the freedom to handle your daily spending, including bill payments, purchases, and paycheck management.

As a result, Patrick needs to visit any branch of a U.S. bank with some documentation, such as his Social Security number and a current, government-issued photo ID, such as a driver's license or passport, to open a checking account to pay for groceries or other personal expenses.

Learn more about Checking accounts here:

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3 0
2 years ago
Ybor Square is a small shopping center located in the part of Tampa known as Ybor City. The shopping center building used to be
max2010maxim [7]

Answer:

E) theme/festival center.

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A theme or festival center is basically a shopping mall or strip mall that focuses primarily on tourists. It combines shopping, entertainment, dining and sometimes even architectural themes. My favorite example is the Lincoln Road Mall in South Beach which has bars, stores, restaurants, etc. And most importantly, I lived there for a couple of years. It was great until European tourists flooded it during August and September, the rest of the year is a really fine place.  

3 0
3 years ago
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