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
dmitriy555 [2]
3 years ago
8

Data concerning Follick Corporation's single product appear below: Selling price per unit $ 220.00 Variable expense per unit $ 7

4.80 Fixed expense per month $ 141,240 The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.)
Business
2 answers:
Olegator [25]3 years ago
4 0

Answer:

The break even in dollars is $214000

Explanation:

The break even point in dollars is the amount of revenue earned that is equal to total cost and there is no profit or no loss. The break even is used to calculate the minimum revenue that should be earned by the firm to cover its total costs. The break even in dollars is calculated by dividing the fixed costs by the contribution margin ratio.

Break even in dollars = Fixed costs / Contribution margin ratio

Where, contribution margin ratio = (Selling price per unit - Variable cost per unit) / Selling price per unit

Contribution margin ratio = (220 - 74.8) / 220   =  0.66 or 66%

Break even in dollars = 141240 / 0.66  = $214000 per month

xeze [42]3 years ago
3 0

Answer:

$214,000

Explanation:

Break-even sales is the point of sales at which the business incur no profit no loss. At this level of sale the business covers all of the variable and fixed cost associated with the product. Break-even is expressed in sales volume and sales value terms.

As per Given Data

Selling Price = $220.00 per unit

Variable Expense = $74.80

Fixed cost = $141,240

Contribution margin = Price - Variable cost = $220 - $74.80 = $145.2

Contribution margin = Contribution per unit / Selling price per unit

Contribution margin = $145.20 / $220 = 66%

Break-even Sales = Fixed cost / Contribution margin ratio

Break-even Sales = $141,240 / 66% = $214,000

You might be interested in
24) To ensure that respect and mutual cooperation exists among all parties, and to leverage cooperation in order to meet operati
ira [324]

Answer:

CMOCs.

Explanation:

CMOCs, short for Civil-Military Operations Centers, are centers that are temporarily established in a particular country where a military operation is taking place in order to maintain a relationship between military and non-military entities. In some cases, it may serve as a replacement for a government after some kind of a disaster, which can have natural or man-made causes.

Many different types of operations can take place in these centers, such as attempts at stabilization of that country, reconstruction, humanitarian relief, etc.

3 0
3 years ago
Jamie, a salesperson, is discussing her goals with her coworker. She mentions that she has set an account goal of $30,000. In or
lora16 [44]

Jamie should first set a Sales Call goal.

Jamie, a salesperson, is discussing her goals with her coworker. She mentions that she has set an account goal of $30,000. In order to achieve her account goal, Jamie should first set a <u>Sales call goal</u>.

The purpose of sales call objectives is to set a foundation and create a roadmap to the promised land. In other words, the objective of Sales call is to set an objective and make a plan to obtain the same. As in Jamie's case, her account goal is of $30,000, In order to obtain this account goal she need to first set a Sales call in which she will need to build an initial level of trust with her target audience/ prospect.

While setting the Sales call, few things should be kept in mind as basic rules like building a good relationship with the customers so that they come back to the same salesperson, ask for their feedbacks, this will also help in enabling trust between the two parties etc.

To learn more about Sales call here

brainly.com/question/27907652

#SPJ4

8 0
1 year ago
Elizabeth is marketing a new type of picture frame that she invented. She has developed a full identity for the product and want
Tresset [83]

Answer:

Trademark.

Explanation:

Trademark is a type of intellectual property that involves use of a unique design to legally differentiate a product from others in the market. It shows a particular product belongs to a company.

Elizabeth should first of all get a trademark on her picture frames so that they will be legally protected from copying by others.

3 0
3 years ago
Which of the following home purchasing considerations will probably affect older homebuyers the least ?
lesya [120]

THEEEEEE

ANSWERRRRRR

ISSSSSSS

B



4 0
3 years ago
An information security analyst needs to work with an employee who can answer questions about how data for a specific system is
3241004551 [841]

Answer:

The correct answer would be, Owner. The analyst should seek out an employee who has the role of owner.

Explanation:

An information security analyst is a person who make the computer systems of a company Safe and Secure. Firewalls and Data Encryption programs are being installed by the information security analysts in order to safeguard the company's information. Also new security trends are  updated on regular basis and they keep the management informed about the security of the data and information. While developing the security program for the company, the best person who can answer the questions, about how data for a specific system is used in business and up to which extent the security is required for specific data and information, is the owner. The owner is the one who can tell the security analyst to do what he wants and requires.

3 0
3 years ago
Other questions:
  • A team member had an affair with the team
    7·1 answer
  • Assume that you are working for a manufacturing company in the United States that hopes to sell its products throughout the worl
    11·1 answer
  • 2. Consider this game described in strategic form, where Player 1 chooses strategy, A,B,C, or D and Player 2 chooses W,X,Y or Z.
    8·1 answer
  • TCost-908 Car Mechanic Inc. uses a job-order costing system. The company applies all of its overhead costs to jobs using a prede
    12·1 answer
  • Dear Mr. Sanchez: Your efforts to promote ethical business practices in our city have drawn national recognition. You are an exc
    14·1 answer
  • Managers at the department store have _____________ because if an employee is late for a shift two times in a month, the manager
    14·1 answer
  • The ______ is a roadmap that displays how all the specific activities fit together to accomplish the project work scope.
    5·1 answer
  • Can we talk about the political and economic state of the world right now
    15·1 answer
  • When comparing two investments with the same effective rate, one with a 4-year term and semi-annual compounding and one with a 2
    5·1 answer
  • In most companies, portfolio management is typically done at the sbu or ___________ level of the firm.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!