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
Kazeer [188]
3 years ago
6

A company has a unit contribution margin of $50, fixed costs of $15,000 and a target profit of $20,000 after-tax. If the tax rat

e is 20% the company must sell units in order to earn the target profit. (Enter your answer as a whole number.)
Business
1 answer:
sweet-ann [11.9K]3 years ago
8 0

Answer:

The company must sell 800 units in order to earn the target.

Explanation:

This question requires us to calculate number of units required to be sold in order to acheive target profit. The answer can be calculated using simple break even calculation methodology.

To find number of units required to be sold we will divide sum of fixed cost and pre tax profit with contribution per unit.

Requires Sales = <em>(Fixed Cost + Pre tax profit)/ Unit contribution</em>

                         = (15,000+ (20,000/80%))/ 50 = 800 units

You might be interested in
This problem is inspired by a study of the​ "gender gap" in earnings in top corporate jobs​ [Bertrand and Hallock​ (2001)]. The
Aliun [14]

Answer:

Following are the solution to this question:

Explanation:

In point 1:

The average, women's income is 44% much fewer men's, but on the other hand, and the (Transactions ) For average, 0.44 is lower on average than men's.

In point 2:

The error term is 2.65 default (measured in log points).

In point 3:

The answer is "Yes".

In point 4:

The answer is "No".

5 0
3 years ago
The AD Curve ________. A) indicates the level of aggregate output corresponding to different goods-market-clearinglevels of the
Mkey [24]

Answer:

D) all of the above

Explanation:

The AD curve shows the aggregate output level that should be for different kinds of goods have the inflation rate

It is downward sloping due to more inflation that raised the inflation rate due to this less spending should be there

Also it described how the inflation impacts the output for the short period of time

Therefore the option d is correct

8 0
3 years ago
Burberry makes fine raincoats, clothing, and other items, many featuring the company's distinctive plaids. Originally found only
Zielflug [23.3K]

Answer:

specialty product

Explanation:

Based on the information provided within the question it can be said that in this scenario Burberry seems to be selling a specialty product. This term refers to a product which consumers are constantly looking to purchase due to it's unique characteristics or the brand which it is associated with. Which Burberry's customer seem to value both the name (brand) and quality of their product.

3 0
3 years ago
A manufacturing company prepays its insurance coverage for a three-year period. The premium for the three years is $2,400 and is
balu736 [363]

Answer:

  • Period cost ⇒ $240
  • Product cost ⇒ $560

Explanation:

First find out the amount of money that pertains to the first year:

= 2,400 / 3 years

= $800

Out of the $2,400, $800 is the payment for the year.

Product cost is the portion that would go towards manufacturing operations:

= 70% * 800

= $560

Period cost is the cost that applies to the selling and administrative activities:

= 30% * 800

= $240

4 0
3 years ago
If there is initially an Group of answer choices excess supply of money, the interest rate will fall, and if there is initially
UNO [17]

Answer:

excess supply of money, the interest rate will fall, and if there is initially an excess demand, it will rise.

Explanation:

When there is an excess supply of money, there would be an increase in the demand for bonds. This would lead to a rise in the price of bonds and a decrease in the interest rate

When there is an excess demand for money, there would be a decrease in the demand for bond. This would lead to a reduction in the price of bond and an increase in the interest rate

3 0
3 years ago
Other questions:
  • Cushman company had $814,000 in sales, sales discounts of $12,210, sales returns and allowances of $18,315, cost of goods sold o
    11·1 answer
  • The pursuit of only a singular, substantive goal often tends to support the choice of a competitive strategy.
    6·2 answers
  • Saving $3,000 for a large, flat-screen TV within the next 3 years is an example of a short-term goal. True or false?
    11·1 answer
  • A 12-month insurance policy was purchased on Dec. 1 for $3,600 and the Prepaid insurance account was increased for the payment.
    7·1 answer
  • Good weather in central and south america increases the supply of coffee beans by 25%. This can be expected to cause _______ in
    15·1 answer
  • The value of a financial asset is the​ ________.
    13·1 answer
  • What time management tools do you utilze?
    14·2 answers
  • Ruiz Co. provides the following unit sales forecast for the next three months: January February March Sales units2,400 3,500 4,4
    13·1 answer
  • Having the authority to define their own tasks makes it likely that workers will ______.
    14·2 answers
  • Both Jarek and Kalene produce scarves and rings. However, Kalene is better at producing both goods. In this case, trade could :_
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!