Answer:
Ans. C) 208 grandfather clocks to break even
Explanation:
Hi, First, let´s introduce the Break-even point (BEP) in units equation that we need to use.
![BEP=\frac{FixedCosts}{(Price-VarCost)} =[units]](https://tex.z-dn.net/?f=BEP%3D%5Cfrac%7BFixedCosts%7D%7B%28Price-VarCost%29%7D%20%3D%5Bunits%5D)
Therefore, our solution has to look like this:
So, in order to break-even, this company has to sell 208 clocks each year.
Note. 208 was the value obtained when the answer was rounded to the nearest unit.
If you´d like to know how much is that in dollars, you just go ahead and multiply the price by 208 and you will get.
Best of luck.
Answer: That means that the company is losing profits, therefore I would recommend continuing to produce in the short term, so that you do not lose more as it would be if you stop producing.
In the long term, unless prices go up or costs go down, I would recommend the pencil manufacturer not to continue producing and going out of business.
Answer:
Missing word <em>"Use the high-low method to determine operating cost equation y=$_____, x + $ = ____"
</em>
<em />
Cost on (800*90%)=720 units is 220,040
Cost on (800*80%) = 640 Units is 215,480
Variable cost per unit = Changes in total cost/High activity-low activity = 4560 / 80 = $57 per unit
Fixed cost = Total cost - Variable cost = 220,040 - (720*$57) = 220,040 - 41,040 = $179000
<u>Cost equation: </u>
Total cost = Fixed cost + Variable cost per unit
Y = 179000 + 57X
Y = 179000 + (57*440)
Y = $204,080
Answer:
Regular savings accounts
Explanation:
Regular savings accounts are also called deposit savings accounts. They are the easiest way to save money in a bank or credit union and receive interest. These types of accounts require a small deposit to open, and the minimum balance is also low. One can avoid monthly charges by maintaining the minimum balance at all times.
The deposit/regular savings accounts are very liquid. Most banks will not have restrictions on the number of deposits and withdrawals per period, say a month. Due to this feature, these accounts earn the lowest interest compared to the other savings accounts. Deposit/ regular accounts are also referred to as transactional savings accounts.
The other types of savings accounts include Money market accounts and Certificates of deposit accounts.
Answer:
I'm sorry I didn't understand so can you pz
