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worty [1.4K]
3 years ago
9

Juniper Enterprises sells handmade clocks. Its variable cost per clock is $16.80, and each clock sells for $28. Calculate Junipe

r’s contribution margin per unit and contribution margin ratio. If the company’s fixed costs total $8,400, determine how many clocks Juniper must sell to break even.
Business
1 answer:
Soloha48 [4]3 years ago
8 0

Answer:

For Juniper Enterprises to breakeven it must sell 607 units

Explanation:

To break-even means making sales where the proceeds from sales transactions equal the amount of total costs incurred,hence no gain no loss situation.

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

fixed costs incurred is $8,400

contribution per unit=selling price per unit -variable cost per unit

selling price is $28

variable cost is $16.80

contribution per unit=$28-$16.80=$11.2 0

break-even in units =$6,800/$11.2 0=607 units

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maks197457 [2]
Hey there!

Governements may step in to resolve the market failure is the answer to your question

Have a great day! :)
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Nataly [62]

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<u>Explanation:</u>

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Probability of zero boats in the system,\mathrm{PO}=1 /\{[(1 / 0 !) \times(6 / 10) 0+(1 / 1 !) \times(6 / 10) 1]+[(6 / 10) 2 /(2 ! \times(1-(6 /(2 \times 10)))]\} = 0.5385

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4 0
3 years ago
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pantera1 [17]

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vovangra [49]
The answer is 391 667 
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good luck
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maxonik [38]

Answer:

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