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Andrew [12]
3 years ago
5

Reynold's Company has a product with fixed costs of $309,000, a unit selling price of $24, and unit variable costs of $21. The b

reak-even sales (units) if the variable costs are decreased by $3 is
Business
1 answer:
Serhud [2]3 years ago
3 0

Answer:

The answer is 51,500 units

Explanation:

Break-even sales is a point in which a business or a firm neither make profit nor loss. Total Revenue equals total cost. Break-even sales help to know the point at which business starts to make profit.

Break-even sales is:

Fixed cost/contribution margin.

Where contribution margin is sales price per unit minus variable cost per unit.

In the question, variable cost are decreased by $3.

So the new variable cost is $21 - $3

=$18.

Contribution margin is $24 -$18

$6

Therefore, The break-even sales (units) if the variable costs are decreased by $3 is:

$309,000/$6

=51,500 units

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Answer: D
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Of these common educational requirements for Finance careers, select those you are most interested in achieving. Check all that
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Answer:

The correct options are Advanced degree after a traditional four year college degree and On the Job training Experience.

Explanation:

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3 years ago
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Antonio has $11.00 to spend on a lunch consisting of hamburgers ($1.50 each) and French fries ($1.00 per order). Antonio's satis
saveliy_v [14]

Answer: <em>$4. 71 hamburger and $6.29 French fries. </em>

Explanation:

Total spendable income of Antonio = $11.00  

1 hamburger = $1.50

1 order of French fries = $1.00

Utility maximization function: U(x1, x2) = x1x2 i.e. 1 hamburger and 2 orders of French fries

Using the Utility maximization function: U(x1, x2) = $1.50 + $2.00

                                                                                      = $3.50 per lunch  

Therefore the customer will purchase hamburger worth of $(1.50 x 11.00/3.50) = $4. 71

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<em>Antonio will maximize his satisfaction by purchasing $4. 71 hamburger and $6.29 French fries. </em>

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4 years ago
Purchasing power parity (PPP): a. almost never holds completely. b. is as commonly accepted as the law of demand. c. is a reason
Ahat [919]

Answer:

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Explanation:

Purchasing Power Parity or PPP compares different countries' currencies through a market's basket of goods approach. Two currencies are in PPP when a market basket of goods, taking into account the exchange rate is priced the same in both countries. PPP currency rates are considered more accurate than market-exchange rates.

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American expansionism after the 1890s:
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Answer:

a. was largely driven by the desire for expanded overseas trade

Explanation:

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