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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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In our class discussion of Cultural Pollution, we heard an example of provocative ads for Clearasil that upset come parents. In
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Answer:

The correct answer is allowed to run; consumers will stop buying products if the ads are offensive.

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4 0
3 years ago
A profit-maximizing firm in a competitive market is currently producing 100 units of output. It has a price of $10, average tota
Alex73 [517]

Answer:

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(ii) Under a perfectly competitive market conditions, the average revenue and marginal revenue are equal and profit maximizing firms under these market conditions producing at a point where marginal revenue is equal to the marginal cost.

Therefore, the marginal cost is equal to $10.

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