1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
m_a_m_a [10]
4 years ago
10

The following data are available for the Northwestern Division of Dempsey, Inc. and the single product it makes. Average operati

ng assets $3,000,000
Annual fixed costs 560,000
Unit selling price 40
Variable cost per unit 24
How many units must the division sell each year to achieve an ROI of 16%?
Business
1 answer:
balandron [24]4 years ago
5 0

Answer:

65,000 units

Explanation:

Let the number of units be sold = x

Operating Income= Sales- Variable cost – Fixed Cost

Operating Income = 40x - 24x - 560,000

Operating Income = 16x - 560,000

Return on Investment = Operating Income / Net Operating Assets  

16% = (16x - 560,000  )/ 3,000,000

480,000 = 16x - 560,000

16x = 480,000 + 560,000

16x = 1,040,000

x = 65,000 units

You might be interested in
How do facilitators ensure that a group works together effectively? Check all that apply.
umka21 [38]

Answer:

They organize the way a group meeting will run.

They guide discussion so that everyone contributes equally.

They resolve conflicts and make sure all opinions are heard.

Explanation:

8 0
3 years ago
Read 2 more answers
Economists believe that people's wants are:
Cloud [144]

Economists believe that the wants of people are infinite.

<h3>What is want in economics?</h3>

These are the basic needs of people. In the field of economics it is believed that the wants of people are too numerous.

People have so many needs and the resources that are required to fulfill them are limited. This is the concept of scarcity.

Read more on want and scarcity here:

https://brainly.in/question/2337492

#SPJ12

3 0
2 years ago
Nibbles Pet Food Corporation is in the process of developing its new market strategy. The marketing team has already established
Anon25 [30]

Answer:

A) Create a promotion strategy to increase customer awareness.

Explanation:

The company has already addressed 3 of the 4 marketing Ps, product, placement and price, so it is missing promotion.

Promotional strategies refers to how the company is going to make customers aware of their product and differentiate their product from the competition. Promotion ties up the other 3 Ps together into a promotional strategy, that may include: advertising, social media, email, public relations, etc.

8 0
4 years ago
The social trend of _____ is causing consumers to question whether or not firms are truly operating with consideration for the e
Jet001 [13]
I believe that the answer to the question provided above is that <span>the social trend of consuming is causing consumers to question whether or not firms are truly operating with consideration for the environment or simply changing marketing efforts in order to appear that they are.</span>
Hope my answer would be a great help for you.    If you have more questions feel free to ask here at Brainly.

3 0
3 years ago
If 14,700 units are produced, the total amount of manufacturing overhead cost is closest to:
Vlad1618 [11]

Answer:

Total manufacturing overhead cost will be closest to 61,340  

Explanation:

As we can see there is not step-up fixed cost that is no additional fixed cost will incurred upon producing extra units, therefore fixed cost will remain same that is 37,820.

Variable overhead cost will increase with increase in units therefore, variable cost for producing 14,700 units will be 1.6 x 14,700 = 23,520.

To find total overhead cost we will simply add fixed and variable overhead cost:

Total overhead cost = fixed overhead cost + variable overhead cost

Total overhead cost = 37,820 + 23,520

Total overhead cost = 61,340

5 0
3 years ago
Other questions:
  • Read the following scenario and answer the question in 5-10 sentences. You are an experienced small business owner who would lik
    5·1 answer
  • What is required of licensees who are selling or buying a property for themselves?
    5·1 answer
  • Fatima finds an article on march 16, 2014 titled "benefits of laptops" on the technologynow website. the article was written on
    13·2 answers
  • The process where vendors ship the merchandise prepackaged to the distribution center in the quantities required for each store
    13·1 answer
  • The flow rate of customers at a state fair is 100 per hour. The fair is open from 8 a.m. to 8 p.m. How many customers come throu
    15·1 answer
  • The management of Computer Rescues, Inc. finalized the company's action plan for increasing its market share over the next few y
    11·2 answers
  • During 2021, a company sells 21 units of inventory. The company has the following inventory purchase transactions for 2021: Date
    6·1 answer
  • Crane Company sells 50000 units for $10 a unit. Fixed costs are $350000 and net income is $100000. What should be reported as va
    12·1 answer
  • Having the resources, information, and attitudes that allow you to take action to achieve a desired goal is called __________. a
    6·1 answer
  • An increase in the real wage rate ________ the quantity of labor demanded, ______ the quantity of labor supplied, and when the l
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!