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
Elza [17]
3 years ago
7

Edgewater Enterprises manufactures two products. Information follows: Product A Product B Sales price $ 13.50 $ 16.75 Variable c

ost per unit $ 6.15 $ 6.85 Product mix 40% 60% Calculate the break-even point if Edgewater’s total fixed costs are $230,000. (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number.)
Business
1 answer:
olasank [31]3 years ago
8 0

Answer:

The break-even point is $25,900 units

Explanation:

In this question we use the formula of break-even point in unit sales which is shown below:

= (Fixed expenses) ÷ (Contribution margin per unit)

where,  

Contribution margin per unit for product A = (Selling price per unit - Variable cost per unit) ×product mix

= ($13.50 - $6.15) × 40%

= $2.94

Contribution margin per unit for product B = (Selling price per unit - Variable cost per unit) ×product mix

= ($16.75 - $6.85) × 60%

= $5.94

So, the total contribution margin would be equal to

= $2.94 + $5.94

= $8.88

And, the fixed cost is $230,000

Now put these values to the above formula

So, the value would be equal to

= $230,000 ÷ $8.88

= $25,900 units

You might be interested in
__________ is a growing tool for managers to enhance communication and collaboration in support of empowered or bossless work en
Dafna11 [192]

Answer:

The correct approach will be "Social media ".

Explanation:

  • Social media become web-based communication platforms that always allow the individual to communicate with one another through intelligence sharing as well as consumption.
  • It is an internet-connected communication method whereby the participants build virtual forums to exchange knowledge, ideas, private correspondence, and certain other functionality.
3 0
3 years ago
Leo is a welfare recipient who qualifies for two means-tested cash benefit programs. If he does not earn any income, he receives
lubasha [3.4K]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

If he does not earn any income, he receives $225 from each program. For each dollar he earns (which his employer is required to report to the welfare agency), his benefit from each program is reduced by 75 cents until the benefit equals zero.

Each program= 225

Combined earnings= 225*2= 450

6 0
3 years ago
May, Inc. had the following transactions in 2019, its first year of operations: Issued 22,000 shares of common stock. The stock
tatuchka [14]

Answer:

The amount of paid-in capital        $

Common stocks (22,000 x $2)      44,000

Preferred stocks (1,800 x $120)     216,000

Amount of paid-in capital               260,000

The correct answer is C

Explanation:

The amount of paid-in capital is the total of paid-in capital of common stocks and paid-in capital of preferred stocks. The paid-in capital of each stock is computed as number of stock multiplied by par value of each stock.

6 0
3 years ago
John has $ 1.35 $1.35 in nickels and dimes in his pocket. He has six more nickels than he does dimes. How many of each does he h
Eduardwww [97]

Answer:

John has 7 dimes and 13 nickels

Explanation:

let N = nickels

let D = dimes

5N + 10D = 135

N = D + 6

5(D + 6) +10D = 135

5D + 30 + 10D = 135

15D = 135 - 30 = 105

D = 105 / 15 = 7

N = D + 6 = 7 + 6 = 13

7 0
3 years ago
The grant available to third-or fourth-year college students majoring in
Marrrta [24]

<u>The grant available to third-or fourth-year college student:</u>

The National Science & Mathematics Access to Retain Talent Grant (National SMART Grant) is the grant given to the third or fourth year college students who want to do major in scientific or mathematical fields like physical, life, engineering, mathematics, medical, languages, etc.

To apply for the SMART grant students apply through free application of federal student aid and then if they receive the grant they can do their higher studies in their preferable fields which come under SMART grant.

5 0
3 years ago
Other questions:
  • EHealth Corporation has $1,000 par value bonds with 4 years to maturity. The bonds pay an 8% coupon rate with semi-annual coupon
    14·1 answer
  • While examining cash receipts information, the accounting department determined the following information: opening cash balance
    9·1 answer
  • The ABC Company sells plastic model cars in retail stores primarily to hobbyists. It has decided to modify the cars’ exterior pa
    5·1 answer
  • ""The question remains: How many guns are necessary to maintain a high level of security for the U.S., and how much butter can t
    12·1 answer
  • ________ contains policies, processes, and information systems that organizations use to establish and maintain relationships wi
    12·1 answer
  • In the company's accounting system all fixed expenses of the company are fully allocated to products. Further investigation has
    9·1 answer
  • What is the highest expected return these bonds could​ have? At the​ time, similar maturity Treasuries had a yield of 0.89 %. Co
    10·2 answers
  • Sales of the cooler freeze packs made by the company Coolpad have been declining. Online sales information is shared with the sa
    5·1 answer
  • What are creative products example flying water bottle
    7·1 answer
  • Division ABC has $750,000 in average assets and $200,000 in income. Division XYZ has $800,000 in average assets and $210,000 in
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!