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elena55 [62]
3 years ago
5

Sassy Company sells its widgets for $20 each. Its variable cost is $12 per widget. Fixed costs are $150,000 per month for volume

s up to 70,000 widgets. Above 70,000 widgets, monthly fixed costs are $200,000.
Required:
1. What is the budgeted operating income at a level of 80,000 widgets per month?
Business
2 answers:
disa [49]3 years ago
7 0

Answer:

$440,000

Explanation:

Sassy Company budgeted operating income

Operating income will be :

(20-12) $80,000 - $200,000

=8×$80,000-$200,000

=$640,000-$200,000

=$440,000

Therefore the budgeted operating income at a level of 80,000 widgets per month will be $440,000

podryga [215]3 years ago
7 0

Answer:

$440,000

Explanation:

The BEP which is the break even point is the point where the company's sales or revenue generated is equal to the cost incurred. As such, the BEP is the number of units that must be sold for the company to make neither a profit nor a loss.

Both sales and variable cost are dependent on the number of units sold.

The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.

Budgeted operating income at a level of 80,000 widgets per month

= 80,000( $20 - $12) - $200,000

= $640,000 - $200,000

= $440,000

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The ​short-run market supply curve shows the quantity supplied by all the firms in the market at each price when​ _____.
Pani-rosa [81]

Answer:

The ​short-run market supply curve shows the quantity supplied by all the firms in the market at each price when each firm's plant and the number of firms remain the same.

Explanation:

The short-run market supply curve is derived from each invidividual short-run supply curve at a given price, stating it as the sum of the quantities supplied by all the firms at this price.

If each firm's plant and the number of firms remain the same, you can calculate the market supply curve.

3 0
3 years ago
Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $47,7
LenaWriter [7]

Answer:

$41,650

Explanation:

Contribution margin is the net of sales and variable costs.

Contribution Margin:

Division A = $47,700

Division B = $231,000 x 35% = $80,850

Company calculates the Net Income after deducting The traceable and common fixed costs from the total contribution margin.

Total contribution margin = $47,700 + $80,850 = $128,550

Net Income = Total contribution margin - Traceable Fixed Expense - Common Fixed expenses

$27,200 = $128,550 - $59,700 - Common Fixed expenses

$27,200 = $68,850 - Common Fixed expenses

Common Fixed expenses = $68,850 - $27,200 = $41,650

4 0
3 years ago
Eric, a ghost writer, conducted market research and discovered a niche market in writing scripts for corporate online videos. He
Lerok [7]

Answer: What is the best way to get his service to his target customers

Explanation:

Market research is the process of determining how viable a product will be after research has been conducted in the market. This is vital in getting opinions of customers.

Marketing mix are the marketing tools which an organization can use in order to pursue its marketing objectives.

The question that should be asked about the marketing mix placement is "What is the best way to get his service to his target customers". This is vital in knowing the best method to use in making the product available to the customers.

7 0
3 years ago
Pretty Lady Cosmetic Products has an average production process time of 40 days. Finished goods are kept on hand for an average
Yuki888 [10]

Based on the production process time, the days finished goods are kept on hand and others, the operating cycle would be 50 days.  

<h3>What is the operating cycle?
</h3>

The operating cycle can be found as:

= Average production time + Finished goods holding period + Accounts receivable outstanding period - Days of credit

Solving gives:

= 40 + 15 + 35 - 40

= 50 days

Find out more on operating cycle at brainly.com/question/26482515.

6 0
2 years ago
Lomack Company's bonds have a 8-year maturity, a 8% coupon, paid semiannually, and a par value of $1,000. The market interest ra
Vsevolod [243]

Answer:

Bond Price = $1,196

YTM = 2.1000% or 0.0210

Explanation:

Given the maturity years = 8 years

Coupon rate = 8%

Par value = $1000

Market interest rate = 5%

Since there is semi annual compounding payment so the number of payments, N = 8 * 2 = 16  

Half year interest rate = I/Y = 5/2 = 2.5

Annuity payment or PMT = 0.08 × 1,000/2 = 40

FV = 1,000

CPT PV

Present value, PV = -1,195.82504

Price = $1,196

PMT = 1,000 × 0.035 = 35

Future value, FV = 1,000

Present value, PV = -1,125.1

N = 10

CPT I/Y

Now, I/Y = 2.1000

YTM = 2.1000% or 0.0210

8 0
3 years ago
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