Answer:
$200,000
Explanation:
Selling price per unit = $60.00
Contribution margin per unit = $45.00
Total fixed costs = $150,000
Tax rate = 30%
Contribution margin ratio = Contribution margin ÷ Selling price
= $45 ÷ $60
= 0.75
Hence,
Break-even point =Total Fixed costs ÷ Contribution margin ratio
= 150,000 ÷ 0.75
= $200,000
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Answer:
12 weeks of unpaid family or medical leave per year.
Explanation:
The Family and Medical Leave Act was signed by President Clinton in 1993. The benefits included in the law are (per year):
- up to 12 weeks of unpaid leave when you give birth to a child or your wife gives birth to a child (this also applies to child adoptions)
- up to 12 weeks of unpaid leave for caring for a seriously ill relative (child, wife or parent)
Answer:
1.- selling 530 units will achieve 2,300 operating profit
2.- sales for $82,100 will achieve 8,900 operating profit
Explanation:
sale price 130
variable 65
contribution margin 65
(32150 + 2,300) /65 = 530 units
65/130 = 0.5
(32,150 + 8,900) / 0.5 = 82,100
Answer:
True
Explanation:
A business plan a guide that shows how business objectives will be met. It states the mission of the business, the resources, the target market, and the path to be followed to achieve the goals.
As the name suggests, a business plan is a 'plan.' It is important to have a business plan in place. The plan can be written with many details and in the standard format or scribbled on paper. Other plans are only in soft copy, while others are yet to be written.
