__________ begins with new-product purchases first by innovators and then by early adopters.

Trendy Toes produces sports socks. The company has fixed expenses of $85,000 and variable expenses of $1.20 per package. Each pa

harina [27]

Answer:

Results are below.

Explanation:

To calculate the contribution margin and contribution margin ratio we need to use the following formulas:

contribution margin= selling price - unitary variable cost

contribution margin= 2 - 1.2= 0.8

contribution margin ratio= contribution margin / selling price

contribution margin ratio= 0.8 / 2

contribution margin ratio= 0.4

Now, we can calculate the break-even point in units and dollars:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 85,000 / 0.8

Break-even point in units= 106,250

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

Break-even point (dollars)= 85,000 / 0.4

Break-even point (dollars)= $212,500

Finally, the desired profit is $26,000:

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= 111,000 / 0.8

Break-even point in units= 138,750

4 0

3 years ago

9. Should all poetry, music or art be beautiful? Explain.

Leviafan [203]

This question is mainly about YOUR opinion. Many will say that it will, but some will say it shouldn't. This is based entirely on your opinion.

8 0

3 years ago

Purchase goods from Krishna for RS.10000 journal

Brums [2.3K]

Explanation:

Credit purchase : When goods are purchased on credit , cash does not go out , but supplier or creditor becomes the giver. Therefore , goods or purchases account is debited and supplier or creditor account is credited.

~See the attached picture !

Hope I helped !

Have a wonderful day / night !

5 0

3 years ago

If a monopolist's production process has economies of scale and average cost exceeds marginal cost, then _____.

Mice21 [21]

If a monopolist's production process has economies of scale and average cost exceeds marginal cost, then the government should make the price equal to the marginal cost.

Monopolies are businesses that are dominated by few people in the industry. They have little competition from others and have high barriers to entry.

They can sometimes reduce production to increase the price of their goods and services.

The government can regulate the activities of monopolies by making their price equal to the marginal cost.

Learn more about monopolies here:

brainly.com/question/13113415

8 0

3 years ago

Assuming a required reserve ratio of 10% and the Fed purchased $1 million worth of mortgage-backed securities, make use of th

Andrew [12]

Answer:

B. Increase by $10 million.

4 0

3 years ago