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Svet_ta [14]
3 years ago
6

urrently, the unit selling price of a product is $260, the unit variable cost is $210, and the total fixed costs are $640,000. A

proposal is being evaluated to increase the unit selling price to $290. a. Compute the current break-even sales (units).
Business
1 answer:
SSSSS [86.1K]3 years ago
7 0

Answer:Current Break even sales units=12,800 units

Explanation:

Current Break even sales units =  Fixed cost /Contribution margin per unit

But  Contribution margin per unit = Selling price -variable cost

= $260- $210

=$50

Break even sales units =$640,000/$50

=12,800 units

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For which of the following random variables would the use of a Normal distribution as a model be a clear error?
Zinaida [17]

Answer:

A. The number of houses that an individual owns

Explanation:

The use of normal distribution in option A would produce an error. That is the number of houses individuals own.

We know that people can own 1 house or more than 1 house or no house at all. But a person can never be said to have less than 0 houses.

Option a is going to be skewed positively. Using Normal distribution would give us an error.

8 0
2 years ago
A salesperson working for a firm that operates on the basis of exclusive sales territories must _____.
Alisiya [41]

A salesperson working for a firm that operates on the basis of exclusive sales territories must <u>consider whether the prospect is eligible, based in location or customer type, to purchase from him or her</u>.

A salesperson is responsible for greeting customers, helping them find items in the store, and calling them to purchase. To be successful as a salesperson, you need excellent communication skills. Great salespeople meet their sales goals while being polite and helpful to their customers.

Definition a salesperson is a person who sells goods or services. An example of a seller is someone who sells cars. salesman. A person engaged in the sale of goods or services.

A great salesperson should offer customers more than an inspiring sales pitch. He is an enthusiastic and resilient person who understands the needs of his customers, shows empathy, and takes the time to sell his products with confidence.

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5 0
1 year ago
Perform a horizontal analysis on the following information providing both the dollar amount and percentage change.
Vera_Pavlovna [14]

Answer and Explanation:

The computation of the percentage of each amount is as follows;

<u>Particulars         2020               Change               Percentage of change </u>

                                a                         b                         (b ÷ a) × 100

Cash             $170,000       $500,000            294%

Accounts Receivable $710,000 $270,000            38%

Inventory                $520,000    $190,000             37%

Long Term Assets  $2,100,000 -$200,000         -9.52%

Total Assets          $3,500,000   $760,000           21.71%

6 0
2 years ago
Martin’s gross pay is $30,135 per year. His federal income tax percent that is withheld from his paycheck is 15%. The amount of
jek_recluse [69]

Martin will get a refund of about $370.

What is the estimated federal deductions from the gross pay of $30,135?

The estimated federal deductions is 15% of the gross pay of Martin, which is $30,135, in other words, the initial federal deductions before the actual federal deductions of $4,520 is known is as computed below:

Estimated federal deductions=15%*$30,135

estimated federal deductions=$4,520.25

The actual federal deductions  of $4,150 is lower compared to the amount withheld from gross pay, hence, there would be a refund for Martin

refund=$4,520.25-$4,150

refund=$370.25

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6 0
1 year ago
33) A company purchased $1,800 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $200 worth of merchandise.
GenaCL600 [577]

Answer: Debit Account Payable $1600, Credit Cash $1600

Explanation:

If the perpetual inventory system, and purchases are recorded through the use of a gross method, the correct journal entry to record the payment on July 28 will be to Debit Account Payable $1600, and then Credit Cash $1600.

In this case, we should note that we don't need any adjustment for discount. This is because the payment made was on the 28th of July.

7 0
2 years ago
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