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Ilia_Sergeevich [38]
3 years ago
8

Lisa’s Custom Print Services produces and sells custom seashore prints. The manager reported $5,400 in fixed expenses, operating

income of $0 at the breakeven point, and a contribution margin per unit of $50. What is the firm’s breakeven point in units using the shortcut approach?
Business
1 answer:
VMariaS [17]3 years ago
8 0

Answer:

108 units

Explanation:

break even point in units = total fixed costs / contribution margin per unit = $5,400 / $50 = 108 units

There are three methods to obtaining a break even point and they all should result in the same answer: equation method, the formula method (or shortcut), and in dollar sales and sales units.

The formula method is also called the shortcut because it's the simplest way.

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Ada signed a simple discount promissory note for $5,500. the discount rate is 12%, and the term of the note is 5 months. what ar
Ivahew [28]
<span>Given that, Promissory note A = 5,500 Discount rate i = 12% i = 12/100 Term n= 5 months we know that, 1 year = 12 months 5 months= 5/12 So we get, A = 5,500 i = 12/100 n= 5/12 To find the ada's proceeds on the loan formula is, Proceeds=A(1+i)^n ........... (1) Put the value of A,i,n in equ (1) Proceeds=5500(1+12/100)^5/12 =5500(1+0.12)^0.417 =5500(1.12)^0.41667 =5500(1.04835) Proceeds=5765.94 Therefore $5765.94 Proceeds on the loan</span>
3 0
3 years ago
A company: purchased 100 units for $20 each on January 31, purchased 100 units for $30 on February 28, and sold 150 units for $4
igomit [66]

Answer:

Ending inventory as at 31 December = $1500

Explanation:

First-In-First-Out is a method of inventory valuation whereby the stock that comes in first, is used first. This is common for inventory consisting of perishables, such as vegetables where if not used/sold soon, it would be wasted.

Jan 31: Purchases = $20 x 100 units = $2000

<em><u>Remaining inventory:</u></em>

$20 x 100 units = $2000

Feb 28: Purchases = $30 x 100 units = $3000

<em><u>Remaining inventory:</u></em>

$20 x 100 units = $2000

$30 x 100 units = $3000

<em><u>Sales = 150 units x $45:</u></em>

$20 x 100 units = $2000

$30 x 50 units = $1500

<em><u>Remaining inventory</u></em>

200 - 150 = 50 units x $30 = $1500

<em>Thus,</em>

Cost of Goods Sold = $3500 ($2000 + $1500)

Ending inventory as at 31 December = $1500

3 0
3 years ago
Money ​'M​' and nonmonetary assets ​'NM​' are the only assets available in financial markets.
maksim [4K]

Answer:

Explpanation:

3 0
3 years ago
An investment project has annual cash inflows of $4,200, $5,100, $6,300, and $5,500, and a discount rate of 15 percent. a. What
Naddika [18.5K]

Answer:

It will take 1 year and 307 days to cover the initial investment.

Explanation:

Giving the following information:

Initial investment= $6,900

Cash flows:

Cf1= $4,200

Cf2= $5,100

Cf3= $6,300

Cf4= $5,500

Discount rate= 15%

<u>The payback period is the time required to cover the initial investment. We need to discount each cash flow.</u>

<u></u>

Year 1= 4,200/1.15 - 6,900= -3,247.83

Year 2= 5,100/1.15^2 - 3,247.83= 608.50

<u>To be more accurate:</u>

(3,247.83 / 3,856.33)*365= 307 days

It will take 1 year and 307 days to cover the initial investment.

6 0
3 years ago
Why can it be difficult to use the indirect approach for a complex message that will be read on mobile devices?
frutty [35]

Mobile advertising is an internet marketing platform directed towards a certain target market using their mobile phones and tablets. The approach is centered on connecting with clients via email, SMS, MMS, social media, and mobile applications.

Mobile advertising is a multi-channel, digital marketing strategy that uses websites, emails, SMS and MMS, social media, apps, and other mobile devices to connect with a target audience.

Promotions provided by SMS text messaging, MMS multimedia messaging, downloaded apps using push notifications, in-app or in-game marketing, mobile websites, or by using a media to scan QR codes are all examples of mobile advertising.

To learn more about marketing, click here.

brainly.com/question/13414268

#SPJ4

8 0
2 years ago
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