1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nonamiya [84]
3 years ago
10

The following income statement was produced when volume of sales was at 400 units. Sales Revenue $ 1,600 Variable Cost 700 Contr

ibution Margin $ 900 Fixed Cost 410 Net Income $ 490 If volume reaches 500 units, net income will be:
Business
1 answer:
lilavasa [31]3 years ago
7 0

Answer:

If volume reaches 500 units, net income will be: $715

Explanation:

When  volume of sales was at 400 units:

Selling price per unit = Sales Revenue/400 = $1,600/400 = $4

Variable Cost per unit = Variable Cost/400 = $700/400 = $1.75

If volume reaches 500 units:

Total Sales Revenue = $4 x 500 = $2,000

Variable Cost = $1.75 x 500 = $875

Fixed Cost will not change = $410

Net income = Total Sales Revenue - Variable Cost - Fixed Cost = $2,000 - $875 - $410 = $715

You might be interested in
In choosing to acquire a TV manufacturer as part of your entry strategy to enter the Smart TV market, Apple intends to integrate
Zarrin [17]

Answer:

B. Transfer the knowledge of touchscreen capabilities and the Apple ecosystem from Apple to the TV manufacturer to use for the new Apple Smart TV

Explanation:

In the first case, Apple doesn't have technical expertise on manfucturing the TV. Here the differences in both the devies with respect to the technology that applied in ports, operating system tec

So here the technology that adapted would be difficult for implementation

Instead of this, the apple would create the better position.

So, the option b is correct

Hence, the option a is incorrect

5 0
2 years ago
You love peanut butter. You hear on the news that 50 percent of the peanut crop in the South has been wiped out by drought, and
Vinil7 [7]

Answer:

B. your demand for peanut butter increases today.

Explanation:

7 0
3 years ago
Operations management personnel perform a variety of functions, including all of the following except ___________________. A. an
CaHeK987 [17]

Answer:

The correct answer is letter "A": analyzing potential mergers.

Explanation:

Operations managers are those in charge of planning, studying, and analyzing all the steps regarding the processes of production of a company. They supervise if the companies have enough raw materials for manufacturing, organize the labor responsible for the production, and evaluate any problem born because of the operational activities of the business.

<em>Analyzing potential mergers is an event likely to be evaluated by the Chief Executive Officer (CEO) of a firm along with the Board of Directors</em>.

6 0
3 years ago
An executive of a large steel company put the blame for lower net income for a recent fiscal period on the ""shift in product mi
rodikova [14]

Answer:

A business can improve its average contribution ratio and its overall profitability, by shifting its sales mix to include more products with high contribution margin ratios.

In this case American steel company shift in product mix is due to a higher proportion of export sales. This shift caused to decline net income of the company. This is because the contribution margin ratio on export sales may lower than the other product mix. So, the shift of product mix to low contribution sales will cause to decline the net income.

3 0
3 years ago
Use library or internet resources to locate an article or a case involving one of the following topics (please only pick one; do
horrorfan [7]
I would say a hope that helped
5 0
3 years ago
Other questions:
  • Which one of the following describes the total overhead variance?
    5·1 answer
  • When solving for a present value, all cash flows should be discounted from the A : future to the present. B : the past to the fu
    7·1 answer
  • The Fed has decided to expand the money supply, leading to lower interest rates. As a partner in a tech start-up, you react to t
    12·1 answer
  • What happens when the government finances a job creation project through taxes and borrowing?
    9·1 answer
  • Carmen Co. can further process Product J to produce Product D. Product J is currently selling for $20 per pound and costs $15.75
    5·1 answer
  • Tim spends his income on donuts (D) and coffee (C). Coffee is $2 per cup and donuts are $1 each. Assume that Tim has $10 to spen
    6·1 answer
  • The FabulousHI Company expects a constant growth in earnings and dividends of 2.5%/year into the foreseeable future. It is expec
    9·1 answer
  • When you buy a U.S. government savings bond, you're doing so under the power given to Congress to
    10·1 answer
  • During 2021, Angel Corporation had 990,000 shares of common stock and 95,000 shares of 6% preferred stock outstanding. The prefe
    10·1 answer
  • Provide 8 factors that impede business ability of Africans
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!