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Firdavs [7]
3 years ago
15

Junior Bodway, Incorporated, has provided the following budgeted data: Sales 10,000 units Selling price $ 50 per unit Variable e

xpense $ 30 per unit Fixed expense $ 180,000 How many units would the company have to sell in order to have a net operating income of $40,000?
Business
1 answer:
mixas84 [53]3 years ago
5 0

Answer:

Break-even point in units= 11,000 units

Explanation:

Giving the following information:

Selling price $ 50 per unit

Variable expense $ 30 per unit

Fixed expense $ 180,000

Desired profit= $40,000

<u>To calculate the number of units to be sold, we need to use the break-even point formula:</u>

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

Break-even point in units= (180,000 + 40,000) / (50 - 30)

Break-even point in units= 11,000 units

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10. Your grandmother offered you a choice of gifts: you could receive either $10,000 today, or $2,000 per year at the end of eac
Llana [10]

Answer:

Receiving $2,000 every year for 6 years is worth more today.

Explanation:

$2,000 received per year is annuity as same amount is received every year.

Given:

Amount received every year = $2,000

Time period = 6 years

Rate = 5%

Check PVIFA (Present value of annuity factor) table for 5% and 6 years, we get 5.0757

Present value of annuity = 2,000 × 5.0757

                                       = $10,151.4

Receiving $2,000 every year for 6 years is worth more today than receiving $10,000 today as present value of annuity is worth $10,151.4 today which is more than $10,000.

So, $2,000 every year is worth more today.

6 0
3 years ago
Elroy is the sole proprietor of a gift shop in a small shopping center. Because he is a sole proprietor, any profit Elroy's busi
USPshnik [31]

Answer:

B)taxed only as Elroy's personal income.

Explanation:

A sole proprietorship is owned by one person known as the sole proprietor. His profits are taxed once as personal income. A sole proprietorship doesn't have investors.

I hope my answer helps you

3 0
3 years ago
The graphical representation that summarizes the steps a consumer takes in making the decision to buy your product and become a
pochemuha

Answer:

These are the options for the question:

a. a word cloud

b. a conversion funnel

c. a scatter diagram

d. a pivot chart

And this is the correct answer:

b. a conversation funnel

Explanation:

A conversion channel is a graph in the form of a upside-down pyramid that shows the sequential steps that a customer takes, from the moment he becomes aware of the product, to the moment he decides to complete the purchase.

This graphical representation tries to summarize the rational decisions that lead a customer to make a purchase, and helps the firm adjust its marketing strategy in order to become more effective at selling its products.

7 0
3 years ago
Read 2 more answers
The price of peanut butter increased by 25% and the quantity of jelly demanded decreased by 50%. Using one decimal place and the
natulia [17]

Answer:

-2

Explanation:

To find the cross price elasticity between to goods, we use this formula:

Cross Price Elasticity of Demand = % change in quantity demanded of good 1 / % change in the price of good 2

Now, we plug the amounts into the formula

Cross Price Elasticity of Demand = -50% / 25%

                                                      = -2

5 0
3 years ago
Amy got into trouble last week. She was hanging out with some of her friends, and when they suggested that shoplifting would be
UkoKoshka [18]

Answer: 1. High Agreeableness

2. They know how to acquire and use power.

They manipulate others for personal gain.

Explanation:

1. A Highly Agreeable person is one who kind and considerate for others. They are altruistic and are optimistic and will usually go along with other people's ideas because they trust easily. Amy is Highly Agreeable and that was why she went along with the idea.

2. Machiavellianism is a personality traits that involves the use of manipulation to gain personal goals. Considered individuals with low empathy, they are cold emotionally and don't care much for morality.

They are able to acquire and use power through this manipulation.

6 0
3 years ago
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