All categories

3 years ago

A __________ visually shows that the total revenue curve and the total cost curve intersect at a point of zero profit.

1 answer:

4 0

A breakeven chart visually shows that the total revenue curve and the total cost curve intersect at a point of zero profit. Furthermore, a breakeven chart plots the relationships between the total revenue, cost, and profit. It has a great advantage in graphical representation.

You might be interested in

Hazelwood Company had beginning inventory of $54,000. During the period the company purchased $109,800 of merchandise. At the en

Ilia_Sergeevich [38]

Answer:

$207000 is the sales revenue for the year.

Explanation:

The given situation is:

Sales Revenue 100%

Cost Of Goods sold <u> 60% </u>

Profit Margin 40%

Now we neither have sales revenue figure nor the profit margin figures but we can calculate cost of goods sold from the following formula:

Cost Of Goods Sold = Opening Inventory + Purchases - Closing Inventory

By putting values we have:

Cost Of Goods Sold = $54,000 + $109,800 - $39,600

Cost Of Goods Sold = $124,200

Now cost of goods sold is 60% which means if we want to go at 100% we will divide with the percentage at which we are standing (60%) and multiply with the percentage which we want to calculate (Sales is 100%).

Sales revenue = Cost of goods sold * 100% / 60%

Sales revenue = $124200 * 100% / 60% = $207,000

3 0

3 years ago

Suppose the median household earned $9,242 in 1976 and $52,624 in 2016. During that time, also suppose the CPI rose from 45.6 to

Mekhanik [1.2K]

Answer:

a) 469.40%

b) 18.15%

Explanation:

Total nominal growth rate = $(\frac{\textup{Earned income in 2016}}{\textup{Earned income in 1976}}-1)\times100\%$

thus,

Total nominal growth rate = $(\frac{\textup{52,624}}{\textup{9,242}}-1)\times100\%$

= 469.40%

b) Total real growth rate = $(\frac{\textup{Real earned income in 2016}}{\textup{Real earned income in 1976}}-1)\times100\%$

now,

Real earned income in 1976 = $\frac{\textup{Earned income in 1976}}{\textup{CPI in 1976}}$

= $\frac{\textup{9,242}}{\textup{45.6}\%}$

= $20,267.54

and,

Real earned income in 2016 = $\frac{\textup{Earned income in 2016}}{\textup{CPI in 2016}}$

= $\frac{\textup{52,624}}{\textup{219.75}\%}$

= $23,947.21

Therefore,

Total real growth rate = $(\frac{\textup{23,947.21 }}{\textup{20,267.54 }}-1)\times100\%$

= 18.15%

4 0

3 years ago

A stock you own earned: $200, $500, $100, and $700 over the last four years. What was the mean annual gain in value over the fou

ira [324]

Answer:

$375

Explanation:

200+500+100+700= 1,500

1,500/4=375

7 0

3 years ago

Read 2 more answers

Huduko Inc. offers a number of computer services. Huduko operates with a utilization of 30 percent. The interarrival time of job

guapka [62]

Answer:

Huduko Inc.

The number of servers in this system is:

= 200.

Explanation:

a) Data and Calculations:

Utilization rate = 30%

Interarrival time of jobs = 8 milliseconds (0.008)

Coefficient of variation = 1.5

Average jobs waiting in the queue to be served = 20

Number of jobs in process = 60

Number of servers processing the 60 jobs = 60

Since the number of servers processing at a time is 60 with a utilization rate of 30%, it means that there are 200 servers in the system (60/30%).

7 0

3 years ago

Product Y sells for $15 per unit, and has variable expenses of $9 per unit. Fixed expenses total $300,000 per year. How many uni

netineya [11]

Answer:

b. 65,000 units

Explanation:

The number of units of products y must sell to yield an annual profit of $90,000 is computed as;

Break even point in sales units = (Fixed cost + Targeted profit) / Contribution margin

Given that ;

Fixed cost = $300,000

Targeted profit = $90,000

Contribution margin = $15 - $9 = $6

Therefore,

Break even point in sales units = ($300,000 + $90,000) / $6

= 65,000 units

The number of units of products y must sell to yield an annual profit of $90,000 is 65,000 units.

3 0

3 years ago