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iragen [17]
3 years ago
13

Longstreet Inc. has fixed operating costs of $470,000, variable costs of $2.80 per unit produced, and its product sells for $4.0

0 per unit. What is the company's break-even point, i.e., at what unit sales volume would income equal costs? a. 411,250 b. 476,073 c. 431,813 d. 453,403 e. 391,667
Business
1 answer:
Ket [755]3 years ago
8 0

Answer:

e. 391,667 units

Explanation:

The computation of break-even point is shown below:-

For computing the break-even point first we need to find out the contribution per unit which is shown below:-

Contribution per unit = Selling price - Variable cost

= $4.00 - $2.8

= $1.2

So, The break-even point = Break even point= Fixed costs ÷ Contribution per unit

= $470,000 ÷ $1.2

= 391,666.66

= 391,667 units

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Answer:

a. $0.30

Explanation:

Basic Earning Per Share (BEPS) = Earnings Attributable to Holders of Common Stock ÷ Weighted Average Number of Common Stock.

Earnings Attributable to Holders of Common Stock calculation :

Net income after tax for the period                            $160,000

Less Preference Dividend                                           ($10,000)

Earnings Attributable to Holders of Common Stock $150,000

Weighted Average Number of Common Stock calculation :

Outstanding common shares                                      500,000

Therefore,

Basic Earning Per Share (BEPS) = $150,000 ÷ 500,000

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Josh bought a bond with a par value of 1,500 from company ABC. The bond pays twenty annual coupons of 90 and matures at the end
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Answer: c

Explanation:

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Answer: Environmental partnerships.

Explanation:

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An econmic model should capture
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Answer:

The right answer is C.

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Helping the correct allocation of resources both public and business management.

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