Answer:
Break-even units = 66.67 units
Explanation:
<em>Break-even point is the level of activity that achieves no profit or loss. At this level profit is zero because the the total revenue is equal to total cost.</em>
<em>The break-even point is calculated as </em>
<em>Units to achieve target profit = (Total general fixed cost for the period + target profit)/ contribution per unit</em>
Contribution per unit = Selling Price - Variable cost
Contribution per unit = 15- (1+3+0.50) = 10.5
Fixed cost = 500 +( 50× 4) = 700
So the units requited to achieve break-even point:
Break-even point = 700/10.5
= 66.67 units
<span>Blackwelder
co. calls a meeting to announce to the media that it is hiring a new
ceo and changing the company name to natural basics. the company will
distribute additional materials at this meeting, which is called a press conference.
</span><span>A press conference is a meeting organized for the purposes of distributing information to the media and answering questions from reporters.</span>
Answer:
Inferior good
Explanation:
Inferior goods are those type or the kind of goods whose demand falls or decline when the income of the person or customer or individual rises or increases.
In short, the demand of the inferior goods is related inversely to the customer or person income.
So, in this case, the person bought 10 frozen pizzas per month, but when the person start earning, then the person would not buy the frozen pizzas. The frozen pizza will be inferior good for the person as the income of the person will rise.
Answer:
Proportional Tax
Explanation:
A proportional tax imposes the same flat rate (in %) on income as payable tax.
Other types of taxes are Progressive and Regressive Tax. In progressive, the higher you earn, the higher tax you pay while in Regressive, the higher you earn, the lower income tax paid and vice versa.
