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vitfil [10]
3 years ago
10

Holdt Inc. produces and sells a single product. The selling price of the product is $230.00 per unit and its variable cost is $6

6.70 per unit. The fixed expense is $212,290 per month. The break-even in monthly unit sales is closest to:
A. 1,300
B. 3,183
C. 1,802
D. 923
Business
1 answer:
katovenus [111]3 years ago
3 0

Answer:

A. $1,300 units

Explanation:

Data provided

Fixed expenses = $212,290

Product price = $230.00

Variable cost = $66.70 per unit

The calculation of  break-even in monthly unit sales is shown below:-

Unit sales to break even = Fixed expenses ÷ Unit Contribution Margin

= $212,290 ÷ ($230.00 per unit - $66.70 per unit)

= $212,290 ÷ $163.30 per unit

= $1,300 units

Therefore for computing the units sales to break even we simply applied the above formula.

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3 years ago
Lucas spends $83. 42 in additional interest and charges on monthly payments as the result of a prior bankruptcy. If Lucas been a
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7 0
2 years ago
Read 2 more answers
what do people mean when they say that it is better to balance the economy than to balance the budget?
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7 0
3 years ago
The demand curve for a monopoly is horizontal because the demand is perfectly elastic. upward sloping. vertical because the dema
timama [110]

Answer:

Downward sloping

Explanation:

According to the law of demand, this law states that there is a inverse relationship between the price of a commodity and the quantity demanded for a commodity. This indicates that as the price of the commodity increases then as a result the quantity demanded for that commodity decreases and as the price of the commodity decreases then as a result the quantity demanded for that commodity increases.

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3 years ago
Mr. Henshaw, CEO of MBA Bank, decides that the organization needs to provide more convenient service to customers. He decides to
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