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EleoNora [17]
3 years ago
14

If the unit sales price is $12, variable costs are $6 per unit, and fixed costs are $36,000, what sales volume (in dollars) is n

ecessary to break-even?
Business
1 answer:
puteri [66]3 years ago
3 0

Answer:

72000

Explanation:

Break even formula:

Break even in units=Fixed cost/Contribution margin per unit

= $ 36,000 / $ 6

= 6,000 Units

[Contribution margin=Sales price-Variable cost=12-6]

Break Even in Dollars = Break Even in Units * Selling Price Per Unit

= 6,000 Units * $ 12 Per Unit  = $ 72,000

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Video Planet (VP) sells a big screen TV package consisting of a 60-inch plasma TV, a universal remote, and on-site installation
Zolol [24]

Answer:

Tv = 1772

Remote = 144

Installation = 144

Explanation:

To calculate stand-alone selling price we need to calculate the percentage of Fair market value first and then allocate the Entire package price in the products according to the percentage of fair market value.

Percentage of the fair market value of each product

Product             Fair Value               Percentage

TV                         $1830                      86%    

Remote                 $140                        7%

Installation            $140                         7%

Total                      $2,110                      100%

Stand-alone selling price

Product            % of fair market value            Stand-alone selling price

TV                                    86%                                   1772

Remote                             7%                                     144

Installation                       7%                                      144

Total                               100%                                   2,060                              

7 0
3 years ago
Rinaldo wants to know how you recorded the part cash and part credit purchase that occurred during the beginning of May in Sage
Verdich [7]

Answer:

Vendors & Purchases → Enter Bills → New Bill

Explanation:

To record the part cash and part credit entry in Sage 50, we will use the following series.

Vendors & Purchases → Enter Bills → New Bill

To record the purchase transaction we need to enter the transaction in the vendors and purchase option and then we need to create separate bills for our part cash payment and part credit payment separately.

7 0
3 years ago
Which of the following types of accounts do NOT require an adjusting entry?
trasher [3.6K]
I think it is d. none are correct
6 0
3 years ago
Santana, Inc. reports the following liabilities (in thousands) on its January 31, 2014, balance sheet and notes to the financial
deff fn [24]

Answer:

$22,577.1

Explanation:

SANTANA INC.Balance Sheet (Partial)January 31, 2014

Current liabilitiesNotes payable $2,563.6

Accounts payable $4,263.9

Current portion of mortgage payable $1992.2

Warranty liability $1,417.3

Unearned rent revenue $1,058.1

Salaries and wages payable $858.1

Income taxes payable $265.2

Total current liabilities $12,418.4

Long-term liabilitiesMortgage payable$6,746.7

Bonds payable $1,961.2

Accrued pension liability$1,115.2

Notes payable $335.6

Total long-term liabilities $10,158.7

Total liabilities $22,577.1

($12,418.4 +$10,158.7)

3 0
2 years ago
Which of the following practices will lead to effective recognition and rewarding of employees? Select one: a. Tying rewards to
MA_775_DIABLO [31]

Answer:

Rewarding behavior, not just results

Explanation:

Effective recognition means that you have to recognize the effort that being put by the person , not just the ideal outcome.

Let's say that you want to influence your employees to improve their productivity. There is a chance that some might fall and some might succeed.

Those who fall does not necessarily make lesser effort than those who success. There is a chance that they're focusing their effort on the wrong things.

In such situations, you need to acknowledge and reward the fact that they're willing putting the effort and give them advice on how to nudge the effort's direction so it become more effective.

4 0
3 years ago
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