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Lapatulllka [165]
3 years ago
8

Data concerning Odum Corporation's single product appear below:

Business
1 answer:
Len [333]3 years ago
6 0

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Selling price per unit $210.00

Variable expense per unit $92.40

Fixed Expense per month $130,536

To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 130,536/ (210 - 92.4)

Break-even point in units= 1,110 units

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Which of the following is a retirement plan offered by banks and investment companies in which an individual can deposit money t
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Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither
alina1380 [7]

Answer:

producer surplus

consumer surplus

neither

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

The highest amount i was willing to buy the watch is $71 but the price was $65. this illustrates a consumer surplus

Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product

Producer surplus = price – least price the seller is willing to accept

The least amount the textbook seller was willing to sell was $48 while the price the textbook was sold was $54. thus, a illustrates a producer surplus.

for statement c, a transaction did not take place, so, it is neither a producer or consumer surplus

5 0
3 years ago
The method that allocates an equal amount of depreciation to each year of an asset’s service life is:
kvasek [131]

Answer: Straight line method of depreciation

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This method is not commonly used for assets having longer term period but still some business entities use it as it is easy to calculate.

6 0
3 years ago
Suppose Fiat recently entered into an Agreement and Plan of Merger with Case for $4.3 billion. Prior to the merger, the market f
-Dominant- [34]

Answer:

the increase resulting from this merger = 256

Explanation:

before the merger, both Fiat and Case's contribution to Herfindahl-Hirschman index = 16² + 8² = 320

after the merger,  Fiat and Case's contribution to Herfindahl-Hirschman index = 24² = 576

the increase resulting from this merger = 576 - 320 = 256

8 0
2 years ago
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