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
Romashka-Z-Leto [24]
3 years ago
13

Owen Conner works part-time packaging software for a local distribution company in Indiana. The annual fixed cost is$10,000 for t

his process, direct labor is $3.50 per package, and material is $4.50 per package. The selling price will be$1250 per package. How much revenue do we need to take in before breaking even? What is the break-even point inunits?
Business
1 answer:
Marianna [84]3 years ago
4 0

Answer:

revenue we need to take in before breaking even = $1,250 × 8 = $10,000

Break-even units = 9

Explanation:

Data provided in the question:

Annual fixed cost = $10,000

Direct labor cost = $3.50 per package

Material cost = $4.50 per package

Selling price = $1,250

Now,

let the break-even units be 'x'

Thus,

total cost = $10,000 + $3.50x + $4.50x

or

total cost = $10,000 + $8x

also,

total revenue = $1,250x

now,

at break-even

total cost = Total revenue

or

$10,000 + $8x = $1,250x

or

$1250x - $8x = $10,000

or

$1,242x  = $10,000

or

x = 8.05 ≈ 9 packages

at 9 packages, we have break-even revenue

Therefore,

revenue we need to take in before breaking even = $1,250 × 8 = $10,000

You might be interested in
How does business practices affect the spending habit and budgeting practices?
Vika [28.1K]
<span>Business practices, such as pricing strategies can have a significant impact on budgeting practices. When businesses raise prices it leaves less money in the budget for other things.
Especially if they raises the price for the products that included as our primary needs, such as foods. People's spending for food usually do not change no matter how much the price fluctuates</span>
3 0
3 years ago
If Raphael's boss is interested in a graphical representation of the relationship between the price and quantity of televisions
11111nata11111 [884]

Answer:

1.  a demand curve

2.  a demand schedule

Explanation:

A demand curve is a graphical presentation indicating the connection between the price of a product, for example Television, and the quantity demanded for that product at a specific price.

On the other hand, a demand schedule is a table presentation of detailed data or numbers of the price-quantity demanded relationship for a product.

Hence, the right answer are:

1. a demand curve

2. a demand schedule

4 0
4 years ago
British airways employed _____ when it used product placement to make sure that viewers of the movie die another day knew that j
givi [52]

British airways employed <span>integrated marketing communications </span>when it used product placement to make sure that viewers of the movie die another day knew that james bond flies first class on british airways. The airline ran advertising campaign based around the slogan, save your penny’s fly like bond referring to the secretary that bond flirts with in each film. British airways also paid for the rights to screen the film on its flights before the movie was available at video stores. Integrated marketing communications<span> is the usage of marketing approaches to improve the communication of a reliable message of the company's products to stakeholders.</span>

6 0
4 years ago
The next dividend payment by Wyatt, Inc., will be $2.30 per share. The dividends are anticipated to maintain a growth rate of 4.
balandron [24]

Answer:

Required return 10.27%

Dividend yield 5.77%

Expected capital gains yield 4.5%

Explanation:

Calculation for required return using this formula

A. R = (D1 / P0) + g

Let plug in the formula

Required return = ($2.30 / $39.85) + .045

Required return = .1027*100

Required return= 10.27%

Therefore Required return is 10.27%

Calculation for dividend yield using this formula

Dividend yield = D1 / P0

Let plug in the formula

Dividend yield = $2.30 / $39.85

Dividend yield = .0577*100

Dividend yield = 5.77%

Therefore Dividend yield is 5.77%

Calculation for the expected capital gains yield

Using this formula

Expected capital gains yield=Required return-Dividend yield

Let plug in the formula

Expected capital gains yield=10.27%-5.77%

Expected capital gains yield=4.5%

Therefore Expected capital gains yield is 4.5%

7 0
3 years ago
After developing a computer locking system, Caffrey Computer Corp. worked out a licensing deal with Chicago Desktop (a potential
Vika [28.1K]

Answer:

<u>A Strategic Alliance</u>

Explanation:

A Strategic Alliance refers to a combined effort or activities of two firms so as to strengthen their market position and yet at the same time maintain their individual separate corporate existence.

It represents a mutually beneficial agreement between two corporate firms under which, terms are less binding and stringent than a joint venture.

The purpose behind such an alliance could be, expansion, product line improvement or together gain a competitive advantage.

Such an alliance helps both businesses achieve a common goal driven by mutual assistance and pooling of resources.

In the given case, the tie up between Caffery computer corp. and Chicago desktop to sell computer locking systems alongside computers, would be termed a strategic alliance, since such an arrangement would benefit both, reduce competition for each with collective gain w.r.t market share.

3 0
3 years ago
Other questions:
  • If a firm hires one worker and eliminates four units of capital, and hires one more worker and replaces three more units of capi
    14·1 answer
  • Which sentence is an oxymoron?​
    7·2 answers
  • If a perfectly competitive firm finds that price is less than average variable cost, it should: shut down immediately. increase
    5·1 answer
  • Ned, a college professor, owns a separate business (not real estate) in which he participates in the current year. He has one em
    11·1 answer
  • On its current year income​ statement, Vegas​ Parties, Inc. reported sales revenue of​ $945,000. Changes occurred in several bal
    6·1 answer
  • Which of the following is not an advantage of the corporate form of business organization?
    15·1 answer
  • Hayim Accardi is the accounting manager for a small, local firm that has full- and part-time staff. How do FLSA guidelines regar
    9·1 answer
  • A company uses direct labor costs as it allocation base. Management estimates the company will incur $150,000 of direct labor co
    5·1 answer
  • Choose all the characteristics of an effective leader.
    10·1 answer
  • Outline the initiatives that Woolworths use to lessen their impact on the environment​
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!