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svet-max [94.6K]
3 years ago
5

McCoy Brothers manufactures and sells two products, A and Z in the ratio of 4:2. Product A sells for $75; Z sells for $95. Varia

ble costs for product A are $35; for Z $40. Fixed costs are $418,500. Compute the number of units of Product Z McCoy must sell to break even.
1,350.

6,200.

10,463.

1,550.

6,750.
Business
1 answer:
OverLord2011 [107]3 years ago
3 0

Answer:

The correct answer is none of the answer is correct as it is 3,100 units

Explanation:

Contribution margin = (Selling price per unit of product A - Variable cost per unit of product A) ×  Sales Mix + (Selling price per unit of product Z - Variable cost per unit of product Z) ×  Sales Mix

= ($75 - $35) ×  4 + ($95 - $40) × 2

= $40 ×  4 + $55 ×  2

= $160 + $110

= $270

Compute break even sales as:

Break even sales = Fixed Cost / Contribution margin

$418,500 / $270

= 1,550 units

Computation of the number of units must be sell to break even:

Break even sales of product Z = Sales mix of product Z × Break even sales in total

= 2  ×  1,550 units

= 3,100 units

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Fred takes a personal assessment that tells him that he would be great in the Agriculture, Food, and Natural Resources career cl
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Answer:

C. being outdoors, horticulture, raising animals

Explanation:

Horticulture refers to the process of cultivating trees, plant agriculture either for promoting recreational activities, for decoration or food purposes. If Fred takes interest in Agriculture, food and natural resources; that means he would practise horticulture as a career. Also, other source of foods which includes activities such as raising animals, fishing, hunting, etc would require Fred to be outdoor. The animals raised in outdoors are mostly farm animals.

7 0
3 years ago
Anne has chosen how many bagels and how many units of cream cheese she would buy this month. She has $20 to spend on these two g
scZoUnD [109]

Answer:

The correct answer is:  her marginal benefit per dollar for bagels will decrease, and her marginal benefit per dollar for cream  cheese will increase.

Explanation:

Anne has $20 to spend on two goods bagels and cream cheese.

The marginal benefit per dollar for bagels is $6.

The marginal benefit per dollar for cream cheese is $10.

If she decides to buy more bagels and less cream cheese, the marginal benefit per dollar for bagels will decrease and marginal benefit per dollar for cream cheese will increase.

The marginal benefit per dollar for a commodity is the ratio of marginal utility derived from consuming the last unit of the commodity upon price of the commodity.

As more and more quantity of a commodity is consumed the marginal benefit per dollar for it will go on declining. This is because the marginal utility derived from each additional unit will go on declining while price will remain the same. The less the commodity is consumed, the marginal benefit per dollar for it will increase.

4 0
3 years ago
You have just purchased a new car! You made a down payment of $5,000 and financed the balance. According to the purchase agreeme
erik [133]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

The down payment of $5,000 and financed the balance. According to the purchase agreement, you must pay $600/month for four years, beginning one month from today. The credit agreement is based on an annual interest rate of 12%.

First, we need to calculate the final value of the monthly payment.

FV= {A*[(1+i)^n-1]}/i

A= annual deposit= 600

i= 0.12/12= 0.01

n= 12*4= 48

FV= {600*[(1.01^48)-1]}/0.01= 36,733.56

Now, we calculate the present value:

PV= FV/ (1+i)^n= 36,733.56/ (1.01^48)= 22,784

Total cost= 22,784 + 5,000= $27,784

8 0
3 years ago
The tool crib at a large manufacturing company is responsible for providing tools to the factory workers on demand. The tool cri
Semmy [17]

Answer:

6.4 minutes

Explanation:

Average small tool per day = 445

 working hours = 8     so that is 8*60 =  (480 minutes)

Waiting time  =  

\frac{[445*(\sqrt{1} )]}{[2*[480-(445*1)]]}  (image of the operation on the attach file)

 =[445]/[(2*35)]

=445/70

=6.357 minutes

3 0
3 years ago
Ray and Chuck own 50 percent capital and profits interests in Alpine Properties LLC. Alpine builds and manages rental real estat
Dovator [93]

Answer:

Ray = $200,000

Chuck = $250,000

Explanation:

<u>Determine how much trade or business loss can each deduct on their tax returns </u>

Total loss of Ray = $16000 + $250000 = $266000

since Ray suffered a loss of $16000 from his sole proprietorship and a loss of $250,000 . the total loss suffered from the partnership will not be deductible because it will lead to excessive business loss for the partnership

For RAY : the partnership loss can be calculated as : $250000 - $16000     =$234000

chuck can deduct $250000 loss on tax returns

this is because the threshold is not exceeded as no other loss is created

7 0
3 years ago
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