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Neko [114]
3 years ago
8

Data concerning Farm Corporation's single product appear below:

Business
1 answer:
scoundrel [369]3 years ago
7 0

Answer:

$221,000

Explanation:

Breakeven Point is the level of Sales where business has no profit no loss. At this level of sales the business covers all the varible and fixed expenses.

Contribution margin = Selling Price - Variable cost

Contribution margin = $290 - $78.3

Contribution margin = $211.70

Contribution margin Ratio =

Contribution margin Ratio = Contribution margin / Sales

Contribution margin Ratio = $211.70 / $290

Contribution margin Ratio = 0.73 = 73%

Breakeven Point = Fixed Cost  / Contribution margin ratio

Breakeven Point = $161,330 / 73%

Breakeven Point = $221,000

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ahrayia [7]

In 2005, bankruptcy reform laws:

A: made student loans dischargeable in bankruptcy

B: required debtors to pay more of their debts in bankruptcy

Answer:

B: required debtors to pay more of their debts in bankruptcy

Explanation:

The Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) which was passed in 2005, reviewed the bankruptcy process in America.

This law was reviewed because it wanted to prevent abuse of the bankruptcy process.

Therefore, In 2005, bankruptcy reform laws required debtors to pay more of their debts in bankruptcy.

6 0
3 years ago
6. Which of the following statements is NOT an element of a well-designed Service System?a. It is consistent with the operating
alekssr [168]

Answer:

e. It effectively separates the back office and the front office so each can focus on their own tasks in order to optimize their departmental performance.

Explanation:

  • A service system is one that is focused on the growth of technology and information system. It's designed to give services that meet the expectations, needs, and wants of clients.  
  • It is apart of service management, sued in service operations, and found in service marketing. It's designed for client contact, capital flows, and the level of customer involvement.
8 0
2 years ago
The inventory system employing accounting records that continuously disclose the amount of inventory is called a.retail b.period
omeli [17]

Answer:

The correct option is D

Explanation:

Perpetual inventory is a method of accounting for inventory that records the sale of inventory immediately by the use of computerised point of sale systems.

6 0
3 years ago
Calculate the percentage rate management fees on the following: $575 adjusted per-unit fee, 50 total units, $600,000 annual gros
arlik [135]

Answer:

19.1% management rate.

Explanation:

Adjusted fee charge per unit = 575

Adjusted fee charge for total unit of product = 575 * 50 = $28750

Net after feel charge on goods = 600000 - 28750 = $571250

15% vacancy and loss rate = .15 * 571250 = $85687.5

Total management fee per year = $114437.5

Percentage rate management fee = (114437.5/600000) *100

= 19.1 %

8 0
3 years ago
In​ 1916, the ford motor company sold​ 500,000 model t fords at a price of​ $440. henry ford believed that he could increase sal
quester [9]
For the answer to the question above,
we must use this formula,
(New - Old)/ (Ave. of New and Old)

In this case,
501k -500k/(500,500(which is the ave. of the two.
Then it would be 1k/500,500

Then the answer would be .0020
Then
-1.439.5/439.5 because this is the average of the two.
so the answer would be .0023

Then finally divide the rate on change of quantity by the rate of change in price which is
0.002/-0.0023

Then the answer would be -.87

So the elasticity on the demand of model T is .87 ( remove the negative because elasticity is always positive.)

6 0
3 years ago
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