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Colt1911 [192]
3 years ago
9

A project with a life of one year has an accounting break-even point of 2,962 units. The fixed costs are $46,308 and the depreci

ation expense is $22,147. The projected variable cost per unit is $23.10. What is the projected sales price?
Business
1 answer:
Katyanochek1 [597]3 years ago
5 0

Answer:

The projected sales price is $46.21 per unit

Explanation:

The break-even point is the level of production at which the costs of production equal the revenues for a product and calculated by using following formula:

Break-even point in units = Fixed expense/(Selling price per unit-Variable cost per unit)

Selling price per unit = (Fixed expense/Break-even point in units) + Variable cost per unit)

The project  has an accounting break-even point of 2,962 units.

The depreciation expense is $22,147 and The fixed costs are $46,308. The depreciation expense is fixed cost.

Total Fixed expense =  $22,147 + $46,308 = $68,455

Selling price per unit = ($68,455/2,962) + $23.10 = $46.21 per unit

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A firm's ___________ consist of expenditures that must be made before production starts that typically, over the short run, ____
AleksandrR [38]

Answer:

Fixed Cost and Variable cost

Explanation:

it is the Variable  cost that consist of firm's expenditures made before production while fixed cost comes regardless of the level of production.

7 0
3 years ago
We use the accounting equation to identify what a company owns and owes. _____ are resources a company owns or controls, _____ a
o-na [289]

Answer:

We use the accounting equation to identify what a company owns and owes. <u>Assets </u>are resources a company owns or controls, <u>Liabilities </u> are claims creditors have against a company’s assets, and <u>Equity </u>is the owner’s claim on a company’s assets.

Explanation:

The accounting equation reads as Assets = Liabilities plus Equity.

The accounting equation forms the basis for preparing the balance sheet and the double-entry accounting system. When well prepared, the assets side should balance with liabilities and equity.

4 0
2 years ago
In using the high-low method, the fixed cost is determined by subtracting the total cost at the high level of activity from the
Ludmilka [50]

Answer: may be determined by subtracting the total variable cost from either the total cost at the low or high activity level

Explanation: In using the high-low method, the fixed cost may be determined by subtracting the total variable cost from either the total cost at the low or high activity level.

7 0
3 years ago
Which of the following is included in the investment component of GDP? a. households’ purchases of newly constructed homes.
Anni [7]

Answer:

"D" is the correct answer.

All of these.

Explanation:

NOTE: in this question, options part is missing, The option for the following question is :

b. Additions to business stock

c. firms' buy of equipment

d. All of the above

Gross Domestic Product is the overall financial or retail value of all completed production of goods and services in a specific period within a country.

formula to calculate GDP is as follow

GDP = C + I + G + NX

where C stands for Private consumption.

           I stands for investment

          G stands for government consummation

          NX for net export (total export - total import)

GDP use to calculate countries total gross production during a particular year.

4 0
3 years ago
what do economies of scale, the ownership of essential raw materials, and patents have in common? they must all be present befor
pantera1 [17]

what do economies of scale, the ownership of essential raw materials, and patents have in common? They are all barriers to entry.

Materials or substances used in the initial stages of producing or manufacturing items are known as raw materials. On commodity exchanges around the world, raw materials are commodities that are purchased and sold. Since raw materials, like labor and capital, are factors of production, traders buy and sell them on the factor market.

Various sorts of raw materials can be employed in a wide range of goods. The inventory or input commodities that a business needs to make its products are known as raw materials. For instance, a car manufacturer would employ steel used in the construction of vehicles as a raw material.

Learn More About raw materials:

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#SPJ4

5 0
2 years ago
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