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3 years ago

The number of units of a product that must be sold for total revenue to equal total costs is called the:

Business

1 answer:

Aliun [14]3 years ago

4 0

Answer:break-even point

Explanation:At the break-even point, total contribution margin must equal total fixed costs

To solve for the break-even point in units, divide the total fixed costs by the unit contribution margin:

Total fixed costs/unit contribution margin = break even units

To find the break even sales revenue, take the total fixed costs and divide by the contribution margin ratio. This gives the dollars of sales revenue needed in order to break even as shown above.

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Homestead Crafts, a distributor of handmade gifts, operates out of owner Emma Finn’s house. At the end of the current period, Em

atroni [7]

Answer: 871 units

Explanation: Ending inventory is the amount of inventory a company hazs at the end of a specific period, generally at the end of the year.

The number of units in ending inventory can be calculated using following formula :-

Ending inventory = Inventory in hand + inventory ready for sale + invnetory sent on consignment - damaged units

Ending inventory = 700 + 100 + 100 - 29

= 871 units

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3 years ago

Companies that have become successful with a limited standard product offering often fall into the trap of subsequently broadeni

DiKsa [7]

Answer:

True

Explanation:

When a company successfully offers a product or few products to customers, it tends to expand the range of products it has to offer.

For a company to increase its range of products successfully, it has to realize that it must make corresponding changes to its processes to accommodate the addition of new products.

However oftentimes, companies do not make the necessary changes to their process strategy when expanding their product offerings.

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3 years ago

What color is the sky?

Mumz [18]

Answer:

Blue

Explanation:

7 0

3 years ago

Read 2 more answers

Direct Materials, Direct Labor, and Factory Overhead identify the following costs as direct materials, direct labor, or factory

Alexeev081 [22]

Answer:

a. Staples used to bind magazines - Direct Material

The staples are integral to holding the magazines so is a direct material.

b. Wages of printing machine employees. - Direct Labor

The printing machine employees are directly related to the magazine's production as they print it.

c. Maintenance on printing machines. - Factory Overhead

This cost is not directly associated with the publishing of the magazine so is an overhead.

d. Paper used in the magazine. -Direct Material

Without paper, the magazine can not be published which makes it a direct material.

6 0

3 years ago

A video game manufacturer is planning to market a new machine. The fixed costs are $550,000 and the variable costs are $120 per

tresset_1 [31]

Divide 550,000 by 140 and thats the amount need to break even, anything greater will earn $20 in profit per machine

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4 years ago