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Phantasy [73]
3 years ago
13

Thad Morgan, a motorcycle enthusiast, has been exploring the possibility of relaunching the Western Hombre brand of cycle that w

as popular in the 1930s. The retro-look cycle would be sold for $15,000 and at that price, Thad estimates 300 units would be sold each year. The variable cost to produce and sell the cycles would be $11,250 per unit. The annual fixed
cost would be $1,012,500.
What is the break-even in unit sales?
What is the margin of safety in dollars (Omit the "$" sign in your response.)
Business
1 answer:
levacccp [35]3 years ago
6 0

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Price= $15000

Q=300

The variable cost to produce and sell the cycles would be $11,250 per unit.

The annual fixed cost would be $1,012,500.

A)break-even point in units=fixed costs/contribution margin= 1012500/(15000-11250)= 270 units

B) margin of safety= budgeted sales - break-even sales

Margin of safety= 4500000-4050000= $450000

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Shidan Apartments purchased an apartment building to rent to university students on November 18, 2017. The following costs were
Masteriza [31]

Answer:

$351,000

Explanation:

The computation of the amount of an asset is as follows;

Purchase price of the building $220,000

Purchase price of the land $100,000

Transfer taxes $10,000

Attorney and real estate agent's fees $15,000

Repave the parking lot $6,000

Cost of apartment $351,000

hence, the cost of an apartment is $351,000

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3 years ago
A spa has placed a magazine advertisement in a local women’s magazine. What technological feature have the owners incorporated i
mylen [45]

Answer: A. A QR code that is scanned and decodes information directly on the phone

Explanation:

This is the best option as QR codes are usually inserted into print media to give more information about something when they are scanned. They can even be used to give discounts.

Human technology has not reached the point where either pop-ups, interactive content, or image projections can appear on print media so options B through E are wrong.

5 0
3 years ago
The National Bank Act of 1864 established the national banking system in the United States. The Act still governs U.S. national
Andrew [12]

Answer:

The answer is True

Explanation:

4 0
3 years ago
Croft Corporation produces a single product. Last year, the company had a net operating income of $89,000 using absorption costi
Maksim231197 [3]

Answer:

21,200 units

Explanation:

For determining the sales, first we have to compute the net operating income difference which is shown below:

= Net operating income under absorption costing - Net operating income under variable costing

= $89,000 - $74,600

= $14,400

Now the inventory units increased by

= $14,400 ÷ 12 per unit

= 1,200 units

And, the production units are 22,400

So, the sales would be

= 22,400 units - 1,200 units

= 21,200 units

This is the answer and the same is not provided in the given options

4 0
3 years ago
How do you feel about testing?
Andru [333]
Answer:

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Explanation:
7 0
2 years ago
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