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SVETLANKA909090 [29]
3 years ago
13

Brandy’s Balloon Service currently sells 1,000 balloon bundles per month. The competition in the balloon industry continues to s

oar within a thirty-mile vicinity of the service location. Variable expenses were $2.00 per balloon and fixed expenses were $5,000. If Brandy changes the price of balloon bundles to $10, how many balloon bundles should she sell to achieve her target operating income of $6,000?
Business
1 answer:
andreyandreev [35.5K]3 years ago
8 0

Answer:

The answer is: 1,375 balloon bundles

Explanation:

We can calculate how many balloon bundles must be sold using the following formulas:

  • contribution margin per unit =  Selling price per unit – Variable cost per unit
  • Units = (Fixed costs + Target profit) / (contribution margin per unit)

Contribution margin per unit = $10 - $2 = $8

units = ($5,000 + $6,000) / $8 = $11,000 / $8 = 1,375 units

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During its first year of operations, Silverman Company paid $10,285 for direct materials and $9,800 for production workers' wage
Salsk061 [2.6K]

Answer:

D.$3,950

Explanation:

Production = ($10,285 + $9,800 + $8,800) ÷ 5,450units

=$28,885÷5,450 units

= $5.3per unit

COGS = 3,300 units sold × $5.3 per unit

= $17,490

Net income = Revenue − Cost of goods sold − Selling and administrative expenses

Net income = (3,300 units × $7.80 per unit) − (3,300 units sold × $5.3per unit) − $4,300

=(25,740-17,490)-$4,300

= 8,250-$4300

=$3,950

Therefore Silverman's net income for the first year in operation is $3,950

4 0
3 years ago
How does unemployment rate help you determine if the economy is strong or weak
RoseWind [281]
If your unemployment rate is high, that means you're making less money in all. If many people are without jobs, that means your labor force is also weak. Your employers will make a lot of cutbacks. 
6 0
3 years ago
If a listing broker or designated listing agent receives an offer on a property they may not lawfully disclose the offeror's mem
mojhsa [17]

It is True that listing broker or designated listing agent receives an offer on a property they may not lawfully disclose the offeror's membership in a protected class to the seller without the express written consent of the offeror

<h3>Who is a Listing Broker?</h3>

A listing broker helps property owners with the listing, marketing, and sale of their property. Listing brokers can work with commercial property owners as well as residential property owners, such as primary residences or vacation homes. Listing agents assist sellers with a range of responsibilities, including:

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To learn more about Listing Broker from the given link

brainly.com/question/28076625

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1 year ago
Use one of your research accidents specifically and briefly explain it.a. Determine if this type maintenance-related error happe
EastWind [94]

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5. Complacency  

9. Lack of knowledge  

2. Distraction  

6. Lack of teamwork  

10. Fatigue  

3. Lack of resources  

7. Pressure  

11. Lack of assertiveness  

4. Stress  

8. Lack of awareness  

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C. What is Professionalism in the Workplace?

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Explanation:

3 0
3 years ago
Kuzio Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Sell
sladkih [1.3K]

Answer:

Effect on income= $9,600 increase

Explanation:

Giving the following formula:

Unitary contribution margin= $90

The marketing manager believes that a $7,500 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales.

<u>To calculate the effect on income, we need to use the following formula:</u>

Effect on income= increase in total contribution margin - increase in fixed costs

Effect on income= 190*90 - 7,500

Effect on income= 17,100 - 7,500

Effect on income= $9,600 increase

3 0
3 years ago
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