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
prohojiy [21]
3 years ago
11

PB4.

Business
1 answer:
julia-pushkina [17]3 years ago
6 0

Answer:

The question is incomplete, the complete question is given below.

                                $

Sales price               150

Variable cost              80

Fixed expenses 42,000

Answer:

  1. Break-even point (in units) =  600 units
  2. Break-even point (sales) = $90,000
  3. Contribution  margin ratio = 46.6%
  4. Units to be sold to achieve a profit of $21,000 :900 units
  5. Contribution margin income  statement (see below)

                    West Island

Contribution margin income statement

Sales ( $150 900)                            135,000

less variable costs($80 × 900)       <u>  ( 72,000)</u>

Contribution                                       63,000

Less fixed cost                                  <u>(42,000)</u>

Profit                                                   <u>21,000</u>

Explanation:

Break-even point is the level of activity where a business makes no profit or loss. The number of units to be produced which equates the total cost to total revenue.

It is calculated as ;

Break-even point (in units)=Total general fixed cost/ (selling price per  - Variable cost)

Break-even point (sales) = Break-even point (units)× units price

So for West Island, we do as follows:

Break-even point (in units) = $42,000/$(150-80)= 600 units

Break-even point (sales) =   600 × $150 = $90,000

Contribution margin ratio(C.M.R) is the proportion of sales made as contribution. It is determined as contribution/sales revenue.

To calculate the total contribution at the break-even, we just multiply the contribution per unit by the break-even point (units)

Contribution at the break-even point= (150-80) × 600=$42,000

Contribution  margin ratio = 42,000/(600*150)= 46.6%

Units to be sold to achieve target profit= (Fixed cost + target profit)/ (S.P- V.C)

Therefore to earn a profit of $21,000., West Island will have to sell:

$(42,000 + 21,000)/$(150-80) = 900 units

                                                    West Island

Contribution margin income  statement

Sales ( $150 900)                            135,000

less variable costs($80 × 900)       <u>  ( 72,000)</u>

Contribution                                       63,000

Less fixed cost                                  <u>(42,000)</u>

Profit                                                   <u>21,000</u>

This confirms our answer !

                                   

You might be interested in
During the year, Gary, the sole shareholder of a calendar year S corporation, received a distribution of $16,000. At the end of
Marat540 [252]

Answer: a. Gary recognizes a $1,000 LTCG

Explanation:

Long Term Capital Gain is calculated by the formula:

= Distribution from company - Basis in stock - Ordinary income earned during the year

= 16,000 - 4,000 - 11,000

= $1,000

First statement is therefore correct that Gary would recognize an LTCG of $1,000.

8 0
3 years ago
How has MTV Networks International overcome cultural differences to create a world brand?
umka21 [38]

This is at a time when several other leading American media and entertainment firms are movements abroad, especially in Europe, which, coupled with new technology like satellite television, promise to legitimate existing previously dominant television news and to privatize them into a single media market by 1992.

  • The rise of MTV Networks is by far the biggest single investment since its foundation in 1981.
  • MTV's inventory of commerce, rock-n-roll, is indeed the nation's biggest common factor for young people.
  • "Audio is easy to cross borders and English is the rock'n'roll lingua franca.
  • Rock is indeed an English-American type, Anglo as its source.
  • Song in English by German rock bands; English by Swedish rock bands
  • On Friday and Saturday evenings, MTV Australia, a joint enterprise between Viacom and Nine Broadcasting International, Australia's N°1 network.
  • MTV International is a one-hour weekly show with Spanish-speaking advertisers, developed at New York's MTV studio and distributed throughout 11 Latin American nations.
  • The show is shown on Telemundo's television network in the United States.
  • MTV is one way worldwide to persuade rock stars such as Sting to show MTV for half an hour instead of a warm-up activity on giant screens.
  • The organization will also promote the international tournament of the Bon Jovi Group and be ready for the debut of a TV logo MTV clothing line.
  • MTV International has often learned from its blunders. Each market is distinct and requires another strategy.
  • Each foreign market replicates the problems faced by MTV throughout its ascent to the top of American popular culture on a certain stage.
  • MTV International will in certain cases be partnering with other current television networks to promote the growth into new markets.
  • In 2000, MTV formed a strategic alliance alongside NBC networks to develop a 24-hour satellite Philippines network.
  • On the question of Americanization: US values derive from liberal thinking. Globalization is promoting freedom of thought.
  • States have chosen to adopt a liberal sort of content as part of their evolution.
  • Since the world is free of concepts about tradition and culture, the world will rely on ideas generated by America since it is lacking culture and tradition.

Consequently, MTV also isn't charged with sustaining American tradition but now with promoting globalization.

Learn more:

brainly.com/question/17486418

7 0
3 years ago
________ is the shift from people making their own fun to people purchasing it as goods and services.
Greeley [361]

The commodification of recreational activities is the shift from people making their own fun to people purchasing it as goods and services.

<h3>What is commodification?</h3>

This is when values are assigned to objects or things which are previously meant for fun. Commodification occurs when something that used to have intrinsic value gradually develops a monetary value like water, or sunshine, or knowledge as an example.

Here, human and socio cultural value are converted into market value which also applies to goods, services, ideas, and other forms and products.

Commodification provides benefit to a business environment which includes opportunities for developing new products and services inorder to meet ever changing customer needs and demand.

Learn more about commodification here: brainly.com/question/13235742

#SPJ1

6 0
2 years ago
You buy a used car for $18,000. You were given 3% interest over 3 years. What is your
makkiz [27]

Answer:

$545

Explanation:

The total amount of interest to be paid is obtained by the formula.

I= p x r x t,

Where  I= interest

 P= principal amount

 R= interest rate

 T= time

In this case

I= $18,000 x 3/100 x 3

I= $18,000 x 0.03 x 3

I=$18,000 x 0.09

Interest paid will be $1,620

Total amount to be repaid is the principal amount plus interest

=$18,000 + $1,620

=$19,620.

The amount of  $19,620 will be repaid in 3 years( 36 months)

monthly payment will be

=$19,620 /36

=$545

Monthly repayments will be $545

5 0
3 years ago
Given the difficulty of determining how much power is enough for today and tomorrow, great powers recognize that the best way to
SOVA2 [1]
It is complacated but it is to my knowledge
 
6 0
3 years ago
Other questions:
  • How does creating and maintaining competitive advantages in a platform business like Uber’s differ from a vertical chain busines
    12·1 answer
  • With an increase in marketing expenditure, market demand ______. A) continues to increase at an increasing rateB) initially incr
    10·1 answer
  • Which of the following statements is true of the social responsibilities of a business? Multiple Choice Legal responsibilities a
    11·1 answer
  • Since she was hired four months ago, Janelle has performed poorly on many aspects of her job. This is likely to be attributed to
    13·1 answer
  • A court will disregard the corporate form and ________ the corporate _________ in five circumstances: first, if a party is _____
    11·1 answer
  • You have shared a folder in a windows server that is a part of a domain. You need to assign permissions to users so they can acc
    11·1 answer
  • superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct
    8·1 answer
  • John is evaluating which investment would be best for his company. He wants to determine the future value of a certain investmen
    10·1 answer
  • Business Rental Corporation (BRC) and Cartage Trucking Companyenter into a contract for a lease of ten hydraulic lifts. Under th
    7·1 answer
  • Beta LLC has decided to change its promotion and pay policies for technical people who do not wish to become managers. This will
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!