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elena-s [515]
3 years ago
8

The price per unit is $120 for JMO Manufacturing Company, its variable cost per unit is $80, and its fixed costs are $4,000. Wha

t is the breakeven point in units using the contribution margin method? A. 40 B. 80 C. 100 D. 60
Business
1 answer:
horrorfan [7]3 years ago
6 0

Answer:

100

Explanation:

So you will need to find the point where revenue equals costs

our revenue equation is 120x

Our cost equation is 80x+4000

80x+4000=120x

4000=40x

100 = x

Breakeven is at 100 units.

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Molen Inc. has an outstanding issue of common stock with an annual dividend of $8.50 per share. The stock's annual dividend is e
Pavel [41]

Answer:

price stock sell today is $141.67

Explanation:

given data

annual dividend = $8.50

stock = 6.0%   = 0.06

to find out

what price stock sell today

solution

we know that here annual dividend  and stock rate

so will find stock sell today by given formula that is

stock sell today = annual dividend  / stock    .............1

put here all these value

stock sell today = annual dividend  / stock

stock sell today = 8.50  / 0.06

stock sell today = 141.67

so price stock sell today is $141.67

4 0
4 years ago
Suppose a production possibilities frontier can be expressed as what is the opportunity cost of going from 1 unit of X to 2 unit
Scrat [10]

Answer:

Yes. A production possibility frontier can be expressed for this scenario.

Explanation:

A production possibility frontier tells the combinations of X and Y that can be produced with the given level of resources e.g. If 1 unit of X is produced than at the same time the Country can produce 50 units of Y. If 2 units of X are produced than at the same time the Country can produce 40 units of Y. This means that in order to produce 1 additional unit of X, the Country must forego 10 units of Y. This is the opportunity cost of going from 1 unit of X to 2 units of X (in terms of units of Y).

8 0
3 years ago
Listed below are the top 10 annual salaries​ (in millions of​ dollars) of TV personalities. Find the​ range, variance, and stand
Juli2301 [7.4K]

Answer:

$24.7million

$97.86million

$9.89million

Explanation:

 

From the sample , the lowest number is 16.3 and the highest number is 41, the range is

41-16.3

=$24.7 million

 

 

Σ \frac{(x-x_{mean} )^2}{n}

 

In the sample given the mean is . : (41 +40 +38+ 32+ 23+ 22+ 20+ 18+ 17.8 +16.3  )/10

mean=26.81

 

Using that, we can find the variance:

[(41-26.81)^2+(40-26.81)^2+(38-26.81)^2+(32-26.81)^2+(23-26.81)^2+(22-26.81)^2+(20-26.81)^2+(18-26.81)^2+(17.8-26.81)^2+(16.3-26.81)^2]/10=97.86million

 

The standard deviation is just the square root of the variance:

standard deviation=√(var)

 

, the standard deviation is the square root of 97.86, which equals ​$ 9.89 million

4 0
3 years ago
Lemon N' Honey is a juice manufacturing company in the United States. It exports its products to Australia, licenses to China, h
Anastasy [175]

Answer:

international division

Explanation:

In a functional organization structure,  a company is divided into small units based on the roles they perform. For example, a company may have marketing, finance, It and human resources division. The divisions may also be referred to as departments.

Divisions allow for more efficiency as employees with shared skills and knowledge are put together to perform familiar tasks. By creating an international division, Lenon N' Honey will be able to assign specialized employees the duty of in managing its foreign business. The international division will focus on ensuring that the overseas operations are achieving their objectives.

6 0
3 years ago
Dolanski Company declares and distributes a 40​% common stock dividend when it has 50,000 shares of​ $10 par common stock outsta
KiRa [710]

Answer:

B) debit Retained Earnings $ 200,000 and credit Common Stock $ 200,000

Explanation:

The dividends will increase the common stock account and decrease retained earnings. Dividends are always paid with retained earnings.

Since this is a large stock dividend (40% of new stocks are going to be issued), the transaction must be recorded at par value.

The total dividends declared = 50,000 shares x $10 x 40% = $200,000

The journal entry should be:

Dr Retained earnings 200,000

    Cr Common stock 200,000

8 0
3 years ago
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