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jenyasd209 [6]
4 years ago
12

Express Delivery is a rapidly growing delivery service. Last year, 80% of its revenue came from the delivery of mailing "pouches

" and small, standardized delivery boxes (which provides a 20% contribution margin). The other 20% of its revenue came from delivering non-standardized boxes (which provides a 70% contribution margin). With the rapid growth of Internet retail sales, Express believes that there are great opportunities for growth in the delivery of non-standardized boxes. The company has fixed costs of $13,640,100. What is the company’s break-even point in total sales dollars? At the break-even point, how much of the company’s sales are provided by each type of service?
Business
1 answer:
tekilochka [14]4 years ago
7 0

Answer:

Break-even point in dollars=  $45,467,000

Explanation:

Giving the following information:

Last year, 80% of its revenue came from the delivery of mailing "pouches" and small, standardized delivery boxes (which provides a 20% contribution margin). The other 20% of its revenue came from delivering non-standardized boxes (which provides a 70% contribution margin). With the rapid growth of Internet retail sales, Express believes that there are great opportunities for growth in the delivery of non-standardized boxes. The company has fixed costs of $13,640,100.

Weighted average contribution margin ratio= (0.80*0.20) + (0.20*0.70)= 0.3

Break-even point in dollars= fixed costs/ contribution margin ratio

Break-even point in dollars= 13,640,100/0.30= $45,467,000

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When buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached?.
Vlad1618 [11]

Answer:

the condition that has been reached is market equilibrium.

5 0
2 years ago
Damerly Company (a Utah employer) wants to give a holiday bonus check of $350 to each employee. Since it wants the check amount
Nastasia [14]

Answer:

$350

Explanation:

Calculation for the withholding taxes and the gross amount of the bonus to be made to John Rolen if his cumulative

Social Security rate 6.20%

Medicare rate 1.45%

Federal Income tax 22.00%

State income tax 5.00%

Total tax percentage 34.65%

Calculation for the Required gross bonus

Required gross bonus =$350/(1-34.65%)

Required gross bonus=$350/1-0.3465

Required gross bonus=$350/0.6535

Required gross bonus=$535.57

Gross bonus amount $535.57

Federal Income tax withheld (117.82) ($535.57*22%)

OASDI tax withheld (33.20)

($535.57*6.2%)

HI tax withheld (7.76)

($535.57*1.45%)

Utah Income tax withheld (26.77)

($535.57*5%)

Take home bonus check $350.00

Therefore the withholding taxes and the gross amount of the bonus to be made to John Rolen if his cumulative will be $350.00

4 0
3 years ago
Google My Business verification has specific requirements for approval: the business name must be exactly as it appears in real
OLEGan [10]

Answer:

correct option is b. Location isn’t yet open

Explanation:

solution

third potential reason for disapproval in verification process if location is not yet open because Google allow you for adding all business detail before you open particular verification

so that If business has not yet open then verification will be false

and 1 thing we required that we can postpone verification date otherwise it will show false information google

So first  you sign in Google business and invite people

and set open date as real and after that choose for verify

so here correct option is b. Location is not yet open

6 0
3 years ago
Politicians often argue for tariff increases in order to reduce the nation's dependence on imports. If tariffs are increased, th
Helen [10]

Answer:

a decrease in both American imports and exports.

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Basically, trade can be categorized into two (2) main groups and these are;

I. Import: this involves bringing in goods from a foreign country to sell in a different (domestic) country.

II. Export: it involves the sales of goods produced in a domestic country to a foreign country.

Some examples of trade barriers are import license, quotas, subsidies, embargo, currency devaluation, local content requirements, tariffs, etc.

A tariff can be defined as tax levied by the government of a country on goods and services imported from another country.

A tariff increase usually reduce the nation's dependence on imports.

Hence, if tariffs are increased, the long-run effect is most likely to be a decrease in both American imports and exports.

5 0
3 years ago
Nessca corp. manufactures electronic gadgets. it instructs its marketing team to competitively advertise and promote its gadgets
Natasha2012 [34]

I guess the correct answer is be inward looking, focusing on selling what the firm makes.

Nessca Corp. manufactures electronic gadgets. It instructs its marketing team to competitively advertise and promote its gadgets. The company, instead of believing in market research, believes that the market will absorb more products if customers are made aware of the products. The workforce of Nessca Corp. is most likely to be inward looking, focusing on selling what the firm makes.

4 0
4 years ago
Read 2 more answers
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