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liraira [26]
4 years ago
11

Dream Threads Company sells hand-sewn shirts for $40 per shirt. It incurs monthly fixed costs of $7000. The contribution margin

ratio is calculated to be 50%. What is the breakeven point in units? (Round your answer up to the nearest whole unit.)
Business
1 answer:
mylen [45]4 years ago
8 0

Answer:

350 units

Explanation:

The break even point shows the earnings that the company has to generate to be able to cover all the expenses. The formula to calculate the break even point is:

Break even point= Fixed costs / contribution margin

Break even point= $7,000/0.50

Break even point= $14,000

Now, to determine the break even point in units you have to divide $14,000 by the sales price per unit:

$14,000/$40= 350 units

According to this, the break even point in units is 350.

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The earned value divided by the actual, cumulative cost of the work to date is the: Budget efficiency index. Schedule performanc
bekas [8.4K]

Answer:

(C)Cost performance index.

Explanation:

In project management, the Earned Value is <em>how much work has been done</em> on the project in relation to the original project budget.

The Actual Cost on the other hand is the <em>true cost incurred</em> on the project till date.

The earned value divided by the actual cost is used to measure the cost performance index of the project.

The correct option is C.

8 0
3 years ago
If you invest P dollars and you want the investment to grow to A dollars in t years, the interest rate that must be earned if in
hoa [83]

Answer: 18.92%

Explanation:

The formula to find the compound amount :-

A=P(1+r)^t, where P is the Principal amount, r is the rate of interest and t is the time period.

Given : P= $1500

A = $6000

Time = 8 years

Then 6000=1500(1+r)^8

i.e. (1+r)^8=\dfrac{6000}{1500}=4

i

Taking natural log on both sides , we get

\Rightarrow\ 8\ln(1+r)=\ln(4)\\\\\Rightarrow\ \log(1+r)=\dfrac{\log4}{8}=\dfrac{1.38629436112}{8}=0.17328679514\\\\\Rightrarrow\ 1+r=e^{0.17328679514}\\\\\Rightarrow\ 1+r=1.189207115\\\\\Rightarrow\ r=1.189207115-1=0.189207115\\\\\Rightarrow\ r\approx0.1892\approx18.92\%

3 0
3 years ago
The publisher from needs to change his calculations. Before the book is actually produced, rising paper costs increase variable
Lerok [7]

Answer:

As the variable cost increased by $2.10 per book so if publisher wants to start making profit at same level of production then it should increase the selling price of the book by $2.10. As the increase in cost and selling price will be same so the publisher will also start making profit at same production level.

6 0
3 years ago
If no harm results from an allegedly negligent act, there is no liability.
mixas84 [53]
The answer to your question is False
7 0
3 years ago
much to the chagrin of established firms, one clear supertrend is that products and services must get to market faster because
Anton [14]

Much to the chagrin of established firms, one clear super trend is that products and services must get to market faster because "more competitors are offering targeted products."

This is because it has been observed that several start-ups firms offer similar products to what the established firms are had as a business idea. Not only that, but they also target the same group of consumers.

Therefore, to remain top of the game and beat the startups out of business, the established firms must ensure their business ideas are quickly turned into products or services and get to the market faster.

Otherwise, the startups will take over their business ideas and a huge part of their targeted consumers.

Hence, in this case, it is concluded that the established firms must be proactive if they want to remain above the rest of their competitors.

Learn more here: brainly.com/question/17557971

5 0
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