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Rasek [7]
3 years ago
11

The following information pertains to the Flying Fig​ Corporation: Total Units for information given 7 comma 000 Fixed Cost per

Unit $ 150 Selling Price per Unit $ 475 Variable Costs per Unit $ 125 Target Operating Income $ 150 comma 000 How many units need to be sold in order to reach the target​ profit? (Round your final calculation to the nearest​ unit.)
Business
1 answer:
kirill115 [55]3 years ago
8 0

Answer:

Break-even point= 3429 units

Explanation:

Giving the following information:

Total Units for information given 7,000.

Fixed Cost per Unit $150

Selling Price per Unit $ 475

Variable Costs per Unit $125

Target Operating Income $ 150,000

Break-even point= fixed costs/ contribution margin

Break-even point= (150*7000 + 150,000) / (475 - 125)= 3429 units

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What is the significance of price elasticity of demand to a producer​
Bumek [7]

Answer:

See the explanation below

Explanation:

Significance of price elasticity of producers:

  • useful in pricing decisions
  • when demand is elastic, firms have to reduce their price to earn more revenue
  • when demand is inelastic firms need to raise prices to earn more revenue
5 0
3 years ago
The auditors of Steffey Ltd., decided to study the cash receipts and disbursements for the month of July of the current year und
creativ13 [48]

Answer:

                                     Bal. June 30   Receipts    Disbursements    Bal. July 31

Balance per Bank            355,001          835,846       684,747             506,100

Deposit in Transit

June 30                              86,899         -86,899

July 31                                                       51,240                                     51,240

Outstanding Checks

June 30                               42,690                               -42,690              

July 31                                                                               73,340             73,340

Unrecorded Receipts                              -150,000                                 -150,000  

Unrecorded Disbursement                                            -150,000          -150,000

Balance per Books          399,210         650,187          565,397           484,000

3 0
4 years ago
After playing two football​ games, a professional football​ team's defense had given up an average of 28 points per game. After
GaryK [48]

Answer:

In the third football game, the team's defense give up 10 points.

Explanation:

In two games, team has given up average of 28 points per game.

So, total points given up in two games is:

= (28 × 2)

= 56 points.

In three games, team has given up average of 22 points per game.

So, total points given up in three games is:

= (22 × 3)

= 66 points.

Points given up in third game:

= Total points given up in 3 games - Total points given up in 2 games

= 66 points - 56 points

= 10 points

So,

In the third football game, the team's defense give up 10 points.

5 0
3 years ago
If a company reports profit margin of 33.1% and investment turnover of 1.20 for one of its investment centers, the return on inv
PolarNik [594]

If the investment turnover is  1.20 for one of its investment centers, the return on investment must be: 39.72%.

Using this formula

Return on investment = Profit margin ×Investment turnover

Where:

Profit margin=33.1% or 0.331

Investment turnover=1.20

Let plug in the formula

Return on investment = 0.331×1.20

Return on investment = 0.3972×100

Return on investment = 39.72%

Inconclusion If the investment turnover is  1.20 for one of its investment centers, the return on investment must be: 39.72%

Learn more about return on investment here: brainly.com/question/23823344

7 0
2 years ago
Monitoring Central Bank Intervention1) How can your business be affected if the Fed attempts to strengthen the dollar in the for
skad [1K]

Answer:

1) if the FED decides to strengthen then dollar, it will make US exports more expensive and imports cheaper. That will cause net exports to decrease, i.e. there will be less exports and more imports.

A strengthening of the US dollar helps importing companies because they will buy cheaper goods from abroad and will be able to sell them at higher domestic prices. On the other hand, exporting companies will be hit because hey loss competitiveness since their products will be more expensive.

2) If the FED decides to weaken the US dollar, the opposite will happen. Exporting companies will be favored, while importing companies will be hurt. The country will start to export more and import less.

3) Generally, the FED intervenes market through its money supply policy. When the interest rate increases or the money supply increases, the value of the US dollar will tend to lower. Even if expansionary monetary policy doesn't have an immediate impact, the expectations do matter. If people expect a devaluation of the US dollar, they will start to buy foreign currencies, which in turn will end up devaluating the US dollar. It is a self-fulfilled prophecy.

Another way the FED impacts businesses is through the interest rate. Lower interest rates will increase both domestic and foreign investment in the US.

7 0
3 years ago
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