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tekilochka [14]
4 years ago
11

The fixed cost of a production system is $20,000, and the variable cost per unit product is $17. The product has a revenue of $2

8 per unit. Calculate the breakeven quantity and determine the profit or loss amount when 1,500 units are produced. g
Business
1 answer:
dimaraw [331]4 years ago
8 0

Answer:

Results are below.

Explanation:

Giving the following information:

Fixed costs= $20,000

Unitary variable cost= $17

Selling price= $28 per unit.

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 20,000 / (28 - 17)

Break-even point in units= 1,818 units

<u>Now, the profit for 1,500 units:</u>

Loss= 1,500*11 - 20,000= -$3,500

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Salads 'R' Us requires all its franchisees to sign an agreement that they will use napkins and dressings purchased from Salads '
NikAS [45]

Answer:

B) valid as a quality control mechanism for protection of goodwill.

Explanation:

Franchise is a license consisting of a contractual arrangement between a parent company (franchiser or franchisor) and another (franchisee), that allows individuals or an organization access to its knowledge, processes, trademarks in order to provide a service.

One of the main advantages of a franchise is that, franchisers such as Salads 'R' Us do not require additional capital and development expenses to have their businesses being situated in a foreign market or country, as they only required to issue licenses to franchisors who are interested in being part of their business by paying a fee.

The purchasing requirement in this scenario is valid as a quality control mechanism for protection of goodwill because it facilitates and promotes uniformity and quality in all Salads 'R' Us franchise outlets by ensuring that they will use napkins and dressings purchased from them (franchisor).

6 0
3 years ago
Consider Boeing (a producer of jet aircraft), General Mills (a producer of breakfast cereals), and Wacky Jack's (which claims to
vivado [14]

Answer:

Option C - The firm, in the long run, is the longest for Boeing because aircraft production requires large, specialized machines and shortest for Wacky Jack's, is the correct answer choice.

Explanation:

Given that Boeing (a producer of jet aircraft), General Mills (a producer of breakfast cereals), and Wacky Jack's (which claims to be the largest U.S. provider of singing telegrams).

The firm, in the long run, is the longest for Boeing because aircraft production requires large, specialized machines and shortest for Wacky Jack's. The reason is that the provision of singing telegrams requires primarily labor.

Therefore, option C is the correct answer choice.

3 0
3 years ago
What is the mortgage recording tax paid on a property that sold for $485,000, assuming there is a tax rate of $2.05/$100 of the
Pavel [41]

Answer:

$7,954

Explanation:

Calculation for the mortgage recording tax paid on a property

First step is to find the tax rate

Tax rate =2.05/100

Tax rate = 0.0205

Second step will be to multiply the percentage of the tax rate with the price of the property that was sold for the amount of $485,000,

0.0205 × $485,000

= $9,942.5

The third step will be to calculate the LTV which is fully known as loan to value which was given as 80 % in order for us to known mortgage recording tax paid on the property

Hence,

Mortgage recording tax paid on the property $9,942.5 × 0.8 =

Mortgage recording tax paid on the property $7,954

Therefore the Mortgage recording tax paid on the property that was sold for the amount of $485,000 will be $7,954

5 0
3 years ago
Bedrock Company reported a December 31 ending inventory balance of $414,000. The following additional information is also availa
Paha777 [63]

Answer:

The corrected balance of ending inventory is $391200 and option d is the correct answer.

Explanation:

The amount of goods sent on consignment by Bedrock of $72400 are already included in the inventory value. These goods belong to Bedrock, the consignor, until they are sold off by the consignee. Thus, no adjustment is needed for this amount.

The ending inventory balance only needs one adjustment that is for office supplies. The office supplies are office consumables and a separate asset than the inventory of the business which is solely for the purpose of selling operations. Thus, the office supplies amount will be deducted from the inventory value.

The correct balance = 414000 - 22800 = $391200

3 0
3 years ago
Multi-market competition occurs when two or more diversified firms:
azamat

Answer:

The correct answer is letter "D": simultaneously compete against each other in the same product areas geographic markets.

Explanation:

Multi-market competition happens when companies offering a similar product make contact in multiple markets. The level o competition shapes according to the region where the goods or services are being offered and in different markets, different consumers decide which company is taken as the preferred.

Though, the constant contact of competitors in different regions could decrease their competition since they might use their mutual help in adverse areas to be able to conduct their businesses.

3 0
4 years ago
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