Answer: 48.9%
Explanation:
Model - - - - - - Selling price - - - - cont/margin
Youth - - - - - - $340 - - - - - - - - - - - $115
Adult - - - - - - - $870 - - - - - - - - - - - $460
Recreational - - $1060 - - - - - - - - - $510
Contribution margin per composite unit
Youth = $115 × 5 = $575
Adult = $460 × 9 = $4140
Recreational = $510 × 6 = $3060
TOTAL = $7775
Selling price per composite unit:
Youth = $340 × 5 = $1700
Adult = $870 × 9 = $7830
Recreational = $1060 × 6 = $6360
TOTAL = $15890
Contribution margin ratio per composite unit ;
($7,775 ÷ $15,890) × 100
0.4893 × 100 = 48.9%
Answer:
the break even point is $28,000.00
Explanation:
The computation of the break even point is given below:
= Total fixed expenses ÷ contribution margin ratio
= $9,800 ÷ (1 - 0.65)
= $9,800 ÷ 0.35
= $28,000.00
Hence, the break even point is $28,000.00
We simply applied the above formula
Provide some business examples. The strategic goal which an IS can attain without involving wresting market share from competitors by following certain measures like: By lowering the price of units to sell while maintaining the quality of the products. By offering new products and services.
Answer:
Total equivalent units= 17,250 units
Explanation:
<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required to a complete a set of work is done in the period under consideration.So there is no separation of the completed units into opening inventory and fully worked. </em>
Equivalent units = Degree of completion× units of inventory
Item units Equivalent unit
Completed 15,000 100%× 15,000 = 15,000
Closing inventory 3,000 75%× 3,000 = <u>2,250
</u>
Total equivalent units <u> 17,250</u>
Total equivalent units= 17,250 units
Alpha transport is a concept that stands for <span>the separation of ‘active’ risk from the underlying market risk – typically expressed as a benchmark. </span>
