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iragen [17]
2 years ago
9

Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $23,000 and variable exp

enses of $10,070. Product X96N had sales of $36,000 and variable expenses of $17,660. The fixed expenses of the entire company were $45,980. The break-even point for the entire company is closest to:
Business
1 answer:
Talja [164]2 years ago
3 0

Answer:

$865.75

Explanation:

The computation of break even point is given below:-

Total sales

= $23,000 + $36,000

= $59,000

Total variable cost

= $10,000 + $17,660

= $27,660

So, contribution margin = Total sales = Total variable cost

= $59,000 - $27,660

= $31,340

Profit volume ratio = (Contribution margin per unit) ÷ (Total sales) × 100

= $31,340 ÷ $59,000 × 100

= 53.11%

Since, the break even point = Fixed cost ÷ profit margin ratio

= $45,980 ÷ 53.11%

= $865.75

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kozerog [31]

Answer:

Monthly pay= 5344.67

Explanation:

Giving the following information:

To live​ comfortably, you decide you will need to save $ 1million by the time you are 65.

Today is your 29th ​birthday, and you​ decide to put the same amount into a savings account. If the interest rate is 8%​.

How much must you set aside each year?

n= 36

i= 0.08

FV= 1,000,000

We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

We need to isolate A (monthly pay):

<u>A= (FV*i)/[(1+i)^n-1]</u>

A= (1000000*0.08)/(1.08^36-1)

A= 80000/14.96817184

A= 5344.67

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3 years ago
Kết luận sự thích ứng tâm lý của sinh viên năm nhất
Mamont248 [21]

Answer:

I think I should ask in English language

4 0
3 years ago
When several hurricanes hit Florida in 2004, a number of local governments imposed price controls that prevented sellers from ra
liberstina [14]

Answer:

a reduced availability of these badly needed products.

Explanation:

Price control is when the government imposed a price regime that is aimed at protecting the consumer from over pricing by sellers. When price ceilings are imposed there is a maximum price the the seller cannot go above in pricing of products.

In this case if ocal governments imposed price controls that prevented sellers from raising their prices for badly needed products like plywood and generators. It will result in reduced availability of the products to these areas.

Sellers tend to reduce amount supplied, due to scarcity consumers will have to buy at black market prices that are higher.

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3 years ago
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Madison Taylor, RHIA, will be attending an AHIMA conference on information governance Friday from 7:00 PM to 9:00 PM and Saturda
omeli [17]

Answer:

28%

Explanation:

She is an RHIA, which requires 30 hours of continuing education every two-year cycle.

Hence, 8.5/30 = 28.3 =28%( to the nearest whole number).

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if aggregate demand is growing faster than long run aggregate supply, the federal reserve is most likely to
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Answer:

.sell securities on the open market

Explanation:

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