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liraira [26]
3 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]3 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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Rational investors ________ fluctuations in the value of their investments.
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Selected current year company information follows: Net income $ 16,753 Net sales 720,855 Total liabilities, beginning-year 91,93
a_sh-v [17]

Answer:

the total asset turnover is 2.65 times

Explanation:

The computation of the  total asset turnover is shown below;

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7 0
3 years ago
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Answer:

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7 0
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__________ is a direct lobbying technique used by interest groups to influence public policy.
amm1812
Good morning.

The answer is : Providing election support.


Good luck!
7 0
3 years ago
Read 2 more answers
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