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ANEK [815]
3 years ago
8

A small business invests $9,900 in equipment to produce a product. Each unit of the product costs $0.65 to produce and is sold f

or $1.20. How many units of the product must be sold before the revenue received equals the total expense of production, including the initial investment in equipment?
Business
1 answer:
Lelechka [254]3 years ago
3 0

Answer:

To break even the company must sell

Explanation:

The position at which the company is at no profit and loss position then it is said that the company is at breakeven position.

Break-even position can be found from the following position:

Breakeven position = Fixed cost /  contribution per unit

The fixed cost here is initial investment which is $9900 and the contribution can be found by taking the difference between selling price per unit and variable cost per unit. The contribution per unit is $0.55 per unit ($1.2 - $0.65). By putting values in the above equation we have:

Breakeven position = $9900 / $0.55 per unit = 18000 Units

So 18000 units are required to sell to reach at a no profit no loss position.

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Information technology has advanced dramatically within the last 25 years or so. At the same time there have been significant sh
Karo-lina-s [1.5K]

Answer:

Did the technology push the changes in the world, or was it the other way around? What evidence is opinion based upon or how did you draw your conclusions?

In my opinion the world started to change during the 1970s when Steve Jobs introduced the personal computer. Before him, only huge corporations could afford computers since they were huge and costed millions. Since then, information technology (IT) has increased in gigantic steps and when the internet was available for public use, the world as we know it changed.

When the world was struggling again during the great recession, my hero came back and changed the way IT industry again with the iPhone and the whole app culture. I am a little over 25, and I can tell that everything was very different when I was a small kid. You actually needed to read a newspaper and use encyclopedias (very large books).

Now everything is on the web and now most of us are even working using the internet. In just seconds we know what is happening in China or any other country in the world, while before all we heard about China was that were many Chinese and they were communists. IT has enabled whole new industries that boost the economy much more than any other manufacturing business ever had. The world would be a much different place if it wasn't for the Apple I, the internet or the iPhone.

4 0
3 years ago
I need to figure out the owners equity ! HELP
motikmotik

Owners equity is $82365 - $70500 which gives $11365. Therefore when you add $70500 + $11365, this would give $82365.

4 0
3 years ago
When you purchase an item from Globus Corp., they place the item in a paper bag with handles and vertical yellow, blue, and whit
denis23 [38]

The bag's coloring and design are considered its trade dress.

<h3>What is a trade dress?</h3>
  • The commercial look and feel of a product or service that identifies and distinguishes the source of the product or service are referred to as trade dress.
  • It encompasses the different aspects (such as material design and shape) used to package a product or service.
<h3>What is a certification mark?</h3>
  • A certification mark is a sort of trademark that is used to show consumers that specific goods and/or services, or the providers of those goods and/or services, have satisfied certain requirements.
<h3>What is a service mark?</h3>
  • A "service mark" is a form of trademark that is protected and governed by the Lanham Act.
  • Service marks are used to identify and distinguish one individual's or organization's services, even if they are unique, from those supplied by others.
<h3>What is a collective mark?</h3>
  • A collective trademark, collective trademark, or collective mark is a trademark owned by an organization that is used by its members to identify themselves with a certain degree of quality or accuracy, geographical origin, or other features specified by the organization.

Therefore, the bag's coloring and design are considered its trade dress.

Know more about trademarks here:

brainly.com/question/11957410

#SPJ4

5 0
2 years ago
Jose owns an ice cream and frozen treat restaurant and is considering adding new menu items. He recently met with the representa
Monica [59]

Answer:

A. Modified rebuy

Explanation:

There are three types of buying situation:

1. Modified rebuy

2. Straight rebuy

3. New task

1. Modified rebuy: This is a buying situation in which an individual or organisation buys goods that have been purchased previously but changes either the supplier or some other element of the previous order. It is a buying situation in which the buyer wants to modify product specifications, prices, terms, or suppliers.

2. Straight rebuy: It is also known as Extensive problem solving situation. Customers are aware of his or her choices, what they are searching for, his/her needs which is based on personal experience of the customer or friends and families.

3.The new task: This is a business buying situation in which the buyer purchases a product or service for the first time. The buyer has no past experience about the products. It takes a longer time for the buyer to decide because of the risk involved.

8 0
3 years ago
An adjusting entry is completed​ ________.
Anna11 [10]
C. at the end of the accounting period
5 0
3 years ago
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