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Rudik [331]
3 years ago
15

If fixed costs are $1,200,000, the unit selling price is $240, and the unit variable costs are $110, what is the amount of sales

required to realize an operating income of $200,000?
a. 10,769 units
b. 5,833 units
c. 12,000 units
d. 9,231 units
Business
1 answer:
Lady bird [3.3K]3 years ago
5 0

Answer: The amount of sales required to realize an operating income of $200 000 is a. 10,769 units.

Explanation: We can solve it with a simple equation:

200 000 = 240x - 1 200 000 - 110x

200 000 + 1 200 000 = 240x - 110x

1 400 000 = 130x

1 400 000 / 130 = x

10769, 23077 = x

We check: 240 . 10769,23077 - 1 200 000 - 110 . 10769,23077  = 200000 √

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Investment advisors at your local bank branch office
TEA [102]

Answer:

Financial advisor.

Explanation:

A financial advisor is an investment advisor at your local bank branch office. They are licensed professionals with the ultimate responsibility of providing financial guidance or expert advice around investments, tax planning etc for customers in a financial institution.

3 0
3 years ago
Because your mother is about to retire, she wants to buy an annuity that will provide her with $75,000 of income a year for 20 y
siniylev [52]

The calculated present value of the annuity is $915,166.70.

Explanation and Solution:

Annuity is a collection of fixed payments made or earned either at the close or at the beginning of any term such that a significant initial payment or receipt may be turned into a set of comparatively minor payments or receipts. An annuity that lasts indefinitely is called perpetuity.

The formula for the present value of the annuity is given by:

P = \frac{1- (1+i)^{-n} }{i}  * R

Where;

R = annual payment = $75,000

i = interest rate = 5.25%

P = Present value of annuity

n = number of years = 20 years

P = \frac{1- (1+5.25)^{-20} }{5.25}  * 75,000

P = $915,166.70

5 0
3 years ago
Chair P, from Design Solutions, cost $60 per chair. Chair Q, from Seat Unlimited, costs $90 per chair. An office manager often h
quester [9]

Answer:

\frac{\$60p+\$90q}{p+q}

Explanation:

Data provided in the question:

Cost of chair P = $60

Cost of chair Q = $90

Number of chair P ordered = p

Number of chair Q ordered = q

Now,

Total number of chairs ordered

= Number of chair P ordered + Number of chair Q ordered

= p + q

Total cost of chairs ordered = $60p + $90q

Therefore,

Average cost of a chair

= [Total cost of chairs ordered ] ÷ [Total number of chairs ordered]

= \frac{\$60p+\$90q}{p+q}

8 0
3 years ago
The following information will be used for 2 questions on this exam: Charlotte Corporation's management keeps track of the time
BigorU [14]

Answer:

6.00 days

Explanation:

data provided

Inspection time = 3.7 days

Process time = 0.2 days

Move time = 1.3 days

Queue time = 0.8 days

The calculation of throughput time is given below:-

Throughput time = Inspection time + Process time + Move time + Queue time

= 3.7 days + 0.2 days + 1.3 days + 0.8 days

= 6.00 days

Here, we added the inspection time, process time , move time and queue time to reach at throughput time and we ignore the time spent waiting to be worked on in the factory as it is not relevant.

6 0
3 years ago
According to research on marital satisfaction in couples with children, the shape of the marital satisfaction curve across time
Art [367]
Increasing then decreasing.
6 0
3 years ago
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