1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aliya0001 [1]
3 years ago
5

Head-First Company plans to sell 5,800 bicycle helmets at $76 each in the coming year. Unit variable cost is $44 (includes direc

t materials, direct labor, variable factory overhead, and variable selling expense). Total fixed cost equals $49,600 (includes fixed factory overhead and fixed selling and administrative expense).
Business
1 answer:
Romashka [77]3 years ago
8 0

Answer:

1. 4,350 helmets

Explanation:

1. The computation of the number of helmets is shown below:

= (Total fixed cost + operating income) ÷ (Contribution margin per unit)

where,  

Contribution margin per unit = Selling price per unit - Variable cost per unit

= $76 - $44

= $32

So, it would be

= ($49,600 + $89,600) ÷ ($32)

= ($139,200) ÷ ($32)

= 4,350 helmets

2. The contribution margin income statement is presented below:

Sales (4,350 × $76)                                          $330,600

Less: Variable cost  (4,350 × $44)                  ($191,400)

Contribution margin                                        $139,200

Less: Total Fixed cost                                     ($49,600)

Operating income                                            $89,600

You might be interested in
A workbook contains sales information for the first quarter and you are interested in finding the totals sales generated in janu
Juli2301 [7.4K]

The function that is best suited in handling the task that will help you in seeking the information needed such as the total sales generated in January is the SUMIFS. This function will help in summing the values in the cells base on the dates or numbers provided.

3 0
3 years ago
Knowing a process has been tested and works well is valuable to companies as they
alex41 [277]

Answer:trandemarked

Explanation:

3 0
2 years ago
A research analyst at PDQ Securities mentions to a registered representative at that firm that a new research report is coming o
Sonja [21]

Answer:

Explanation:bvcx

8 0
3 years ago
10) Financial intermediaries can substantially reduce transaction costs per dollar of transactions
goblinko [34]

Answer: D) economies of scale.

Explanation:

Economies of scale refers to when an entity is able to reduce its total costs as quantities of the good causing the costs increase.

Financial Intermediaries such as Commercial banks, Mutual funds, Investment banks etcetera have a lot of funds available for trade which they use to execute large trades. As a result, the costs on average are lower or them per transaction as opposed to traders executing with lower volumes. For example, when purchasing shares they will be able to negotiate better fees with stockbrokers because they are buying a lot of shares as opposed a single buyer trading.

7 0
3 years ago
What are work content skills?
Delicious77 [7]

Employers typically need workers with both content skills and transferable skills to fill given positions. Content skills, also known as technical, job-specific or vocational skills, include those that relate specifically to your line of work. Transferable skills are those which you can use in a variety of occupations.

6 0
3 years ago
Other questions:
  • 7. Plush Furniture sells imported rosewood dining tables. The cost of one mode
    10·1 answer
  • A stock has a beta of 1.4, an expected return of 17.2 percent, and lies on the security market line. A risk-free asset is yieldi
    10·1 answer
  • All of the following are functions of packaging EXCEPT:____________A) containing and protecting the product.B) guaranteeing prod
    8·1 answer
  • Your buddy in mechanical engineering has invented a money machine. The main drawback of the machine is that it is slow. It takes
    15·1 answer
  • Timothy Company has invested $1,000,000 in a plant to make vending machines. The target operating income desired from the plant
    9·1 answer
  • Lawrence has been asked to learn how many cars drive by a specific location that his company is considering for a new restaurant
    14·1 answer
  • 2
    11·1 answer
  • Calvin works in the accounting department for a textbook publishing firm preparing budgets and reporting production costs. What
    13·1 answer
  • Prompt<br> What should you do after writing something?
    12·2 answers
  • Knowledge Check 01
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!