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castortr0y [4]
3 years ago
11

Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $19,000 and variable exp

enses of $10,030. Product X96N had sales of $32,000 and variable expenses of $15,980. The fixed expenses of the entire company were $45,940. The break-even point for the entire company is closest to:
Business
1 answer:
Debora [2.8K]3 years ago
7 0

Answer:

The break-even point for the entire company is closest to 2 units

Explanation:

The Break even point is the point where a firm neither makes a profit nor a loss.

Break Even Point = Fixed Cost / Contribution per unit

                             = $45,940 /(($19,000-$10,030)+($32,000-$15,980))

                             = $45,940/$8,970+$16,020

                             = 2 units

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Parsley, a world-famous chef, signs a contract to give lessons in French cooking to Curry. Parsley wants to transfer his duties
Margarita [4]

Answer:

C. <u>not valid because performance depends on Parsley's personal skills</u>

Explanation:

A valid contract refers to an agreement entered into by parties which legally binds both parties and is enforceable under the law.

For a contract to be termed as valid, it must be performed by the parties to it.

Performance clause in a valid contract refers to doing or acting in a way as is required by the terms of the contract.

In the given case, Parsley signed a contract to provide services i.e provide French cooking lessons to Curry. Later, Parsley wants to transfer his duties to Relish.

The transfer will not be valid since the performance i.e service to be provided by Parsley are of personal nature and the consideration is based upon that. No two individuals can provide exact services.

8 0
3 years ago
On July 1 of year 1, Elaine purchased a new home for $665,000. At the time of the purchase, it was estimated that the property t
tamaranim1 [39]

Answer:

The amount of real property taxes that Elaine is allowed to deduct for year 1 is $7150.

Explanation:

Elaine started living in the new home from July, which means that she has been living there for 6 months ( as per current date). But at the time when she purchased the house the total amount of property tax was $13,300 and now it is $14,300.

Since last 6 months she has been living in that home, and current property tax is $14,300 , that means now she is allowed a 50% deduction on the property taxes ,

$14,300 / 2 = $7150

Therefore Elaine is allowed $7150 as amount of deduction on property tax.

5 0
2 years ago
A study finds that at a price of $10, 100 t-shirts are sold. at a price of $5, 300 t-shirts are sold. how many t-shirts can you
Trava [24]

The number of t-shirts that one can assume are sold at a price of $7 will be 220

<h3>What is price?</h3>

It should be noted that price is the sum of money that one party pays or receives in exchange for another's goods or services. The cost of production may go by another name in some circumstances. If a product is classified as a "good" in a business transaction, its price is most likely to be referred to as such.

In this case, it should be noted that the higher the price of a particular good, there'll be a reduction in the quantity that will be demanded.

Therefore, the most likely value will be $220. In conclusion, the correct option is A.

Learn more about price on:

brainly.com/question/1153322

#SPJ1

A study finds that at a price of $10, 100 t-shirts are sold. At a price of $5, 300 t-shirts are sold. How many t-shirts can you assume are sold at $7?

A. 220

B. 200

C. 180

D. 160

3 0
1 year ago
A conflict of interest between the stockholders and management of a firm is called: a. stockholders' liability.b. corporate brea
skelet666 [1.2K]

Answer:

the agency problem                  

Explanation:

The issue with the organisation is a conflict of interest present in either partnership where each party is required to look after the interests of someone else. In management consulting, the issue with the corporation generally refers to a conflicts of interest among management of a business and shareholders of the organization.

The management, acting on behalf for stakeholders or executives, will take decisions that increase shareholder value wealth, although it is in the long term interests of the supervisor to maximize his personal riches.    

7 0
3 years ago
If your nominal wage rises but you think that it automatically means your real wage rose, then:a.you are suffering from money il
Scilla [17]

Answer:

If your nominal wage rises but you think that it automatically means your real wage rose, then you are suffering from money illusion.

Explanation:

In money illusion, one thinks money is nominal rather than real.

8 0
2 years ago
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