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Fofino [41]
3 years ago
5

Crane Company is planning to sell 870000 units for $1.50 per unit. The contribution margin ratio is 20%. If Crane will break eve

n at this level of sales, what are the fixed costs?
Business
1 answer:
HACTEHA [7]3 years ago
7 0

Answer:

Crane Company is planning to sell 870000 units for $1.50 per unit. The contribution margin ratio is 20%. If Crane will break even at this level of sales, what are the fixed costs?

$261,000 would be the fixed cost

Explanation:

870000 X $1.50= $1,305,000

20/100= 0.2

0.2 X 1,305,000= $261, 000

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Aleksandr [31]

Answer:

C

Explanation:

because I feel that many individuals would select the most basic option, such as A or B.

5 0
3 years ago
Joe Corporation produces and sells two products. In the most recent month, Product C90B had sales of $19,950 and variable expens
8_murik_8 [283]

Answer:

Decrease

Explanation:

Calculation to determine overall break-even point for the entire company

Contribution margin for C90B = ($19,950-

$5,985)/$19,950

Contribution margin for C90B = 70%

Contribution margin for Y45E =( $26,190- $10,476)/$26,190

Contribution margin for Y45E= 60%

Therefore Based on the above calculation if the sales mix were to shift toward Product C90B with total dollar sales remaining constant, the overall break-even point for the entire company

Would DECREASE reason been that C90B have more contribution margin ratio of 70% compare to Y45E which had contribution margin ratio of 60%

4 0
2 years ago
Department G had 3,600 units 25% completed at the beginning of the period, 11,000 units were completed during the period; 3,000
dlinn [17]

Answer:

Total Cost of Work in Process

$57,854

Total cost of the units

d. $120,060

Total cost of beginning inventory

c. $62,206

Explanation:

Department G has 3,600 units which were 25% completed. The units completed during the period are 11,000.

3,600 * 25% = 900

Units completed 11,000

total units 11,900

Cost per unit is $10.08.

Total cost of units completed = 11,900 * 10.08 = $120,060.

4 0
3 years ago
A public good is an example of a _____.
Alona [7]
A public good is an example of a good or product that individuals can consume or use without reducing its total availability for others. Goods like national security, sewer systems, public parks, among others, are considered as public goods. Many can benefit from it and it is considered by economists as goods that are "non-rivalrous" or "non-exclusive." <span>
</span>
6 0
3 years ago
Suppose Rina earns $550 per week working as a doctor for the Medical Clinic. She uses $9 to buy a box of aspirin at Pillmart Pha
Readme [11.4K]

Answer:

Identify whether each of the following events in this scenario occurs in the resource market or the product market.Event - Resource Market - /Product Market

1. Cho spends $10 to buy a box of aspirin.

Purchase of goods In the product market. Cho(families)  purchase from a Firm

2. Bob spends $225 to purchase medical services from the Medical Clinic.

Purchase of services In the product market. Bob(families)  purchase from a Firm

3. Cho earns $600 per week working for the Medical Clinic

Resource market. Families offer their labor to firm in exchange of cash

Inflow from a firm into households:

a. The $225 per week Bob earns working for Pillmart Pharmacy

c. The aspirin Cho receives The firm provide with output

Explanation:

A flow of goods or dollars from the firm (Medical Clinic) into the household:

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5 0
3 years ago
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