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
Galina-37 [17]
3 years ago
11

A product has a contribution margin of $8 per unit and a selling price of $45 per unit. Fixed costs are $26,000. Assuming new te

chnology increases the unit contribution margin by 40 percent but increases total fixed costs by $18,800, what is the new breakeven point in units? (Do not round intermediate calculations.) Multiple Choice 3,250 units 5,000 units 4,680 units 4,000 units
Business
1 answer:
Nikitich [7]3 years ago
5 0

Answer:

New break even in units is 4000 units

Explanation:

The break even point in units is the number of units that must be sold to earn enough total revenue to cover total costs. This is the point where there will be no profit and no loss. The formula for break even in units is,

Break even in units = Fixed costs / Contribution margin per unit

The new contribution margin per unit = 8 * 140%  =  $11.2

New Fixed costs = 26000 + 18800 = $44800

New Break even in units = 44800 / 11.2   =  4000 units

You might be interested in
Trevor Williams’ bank calculates interest daily. At an APR of 3%, how much simple interest does $2,000 earn in twelve days?
pishuonlain [190]
The answer is $1.97. 

6 0
3 years ago
Read 2 more answers
Holly's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,0
yuradex [85]
I’m not sure but I think it’s A
sorry if it’s wrong
6 0
3 years ago
How do you do income statement​
igomit [66]

To prepare an income statement, you will need to generate a trial balance report, calculate your revenue, determine the cost of goods sold, calculate the gross margin, include operating expenses, calculate your income, include income taxes, calculate net income and lastly finalize your income statement with business details and the reporting period.

If you can't find the time to make one from scratch, there are templates that can be used to help.

gross margin :  the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides.

net income : net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses.

3 0
2 years ago
Willow Wanderer Cameras Inc. reported the following results for the year ending October 31, 20Y9: Retained earnings, November 1,
ANTONII [103]

Answer:

The statement would be:

Date: October 31, 2019

Net Income                $680,700

Cash dividends           $50,000

Stock dividends         $127,000

Retained earnings     $503,700

The retained earnings are equal to the sum of declared dividends substracted  from the net income.

3 0
3 years ago
A $50,000 note payable is retired at its $50,000 carrying (book) value in exchange for cash. The only changes affecting retained
Andre45 [30]

Answer:

Increase in Cash is $3,500

Net cash flow from operations $143,310

Net cash flow from investing activities $4,500

Net cash flow from Financing activities -$135,310

Explanation:

Please refer to the attached for detailed prssentation

5 0
3 years ago
Other questions:
  • Exotech has an inventory turn ratio of 60 with $50 million in annual sales, and an average inventory of $250,000. What is Exotec
    10·1 answer
  • The intent of a patent is to: a. encourage copycat inventions. b. increase competition in the marketplace. c. reward innovation
    15·1 answer
  • Increased size of financial institutions resulting from financial consolidation increases the ________ problem, because there ar
    7·1 answer
  • Which of the following occurs when a 2-for-1 stock split is declared?A) The balance in Common Stock remains the same.B) The bala
    5·1 answer
  • After the formation of a free trade area for its member countries, the United States found that its high-cost furniture producer
    12·1 answer
  • The assumption of continuity says that:
    14·2 answers
  • A retirement plan guarantees to pay you or your estate a fixed amount for 20 years. At the time of​ retirement, you will have​ $
    12·1 answer
  • What does the World Bank hope will result from the loans it makes to developing countries?
    9·2 answers
  • .Consumers are better off with pricing in the following order: 1)________; 2)________; 3)________.
    12·1 answer
  • Match each important word with the phrase that best defines it.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!