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
Tanzania [10]
3 years ago
14

A company’s fixed operating costs are $430,000, its variable costs are $2.95 per unit, and the product’s sales price is $4.50. W

hat is the company’s break-even point; that is, at what unit sales volume will its income equal its costs?
Business
1 answer:
vredina [299]3 years ago
4 0

Solution:

Given information:

The fixed operating costs are$430,000.

The variable costs per unit are $2.95.

The selling price of the product is $4.50.

Calculation of the break-even point:

The formula to calculate the break-even point is:  

Break-even point = Fixed costs / Selling price per unit -Variable costs per unit  

                             = 430,000 / 4.50 - 2.95

                            = 430,000 / 1.55 = 277,419

Substitute $430,000 for the fixed costs, $2  

You might be interested in
Elizabeth and Niko are very organized and do an excellent job organizing their personal financial records. How will this BEST he
grandymaker [24]

Answer:

They will get faster responses.

3 0
3 years ago
You place an order for 300 units of inventory at a unit price of $135. The supplier offers terms of 3/10, net 60. a-1. How long
Softa [21]

Answer:

a1. 60 days

a2.Remittance = $40,500

b1- 1 % discount offered

b-2, 10days

b-3 =$40,095 ± 0.1

c-1 Implicit interest $405 ± 0.1%

c-2 Days' credit days=50 days

Explanation:

a1. 60 days

a2.0rder for 300 units of inventory at a unit price of $135

Remittance = 300($135)

Remittance = $40,500

b- 1 % discount offered

b-2, 10days

b-3 Remittance (1- 0.01) $40,500

(0.99)$40,500

Remittance =$40,095 ± 0.1%

c-1 Implicit interest $40,500- $40,095

Implicit interest $405 ± 0.1%

c-2

Days' credit days 60-10

Days' credit days=50 days

7 0
3 years ago
All else being equal, if the law of supply states that as the price of a good, service, or resource rises rev: 05_02_2018 Multip
Margarita [4]

Answer:

The quantity supplied will increase which explains the shape of the supply curve

Explanation:

There is a positive direct correlation between price and quantity supplied. When the price of a commodity increases, producers are motivated to increase the supply of their commodities in order to earn higher prices. Similarly, when the price of the commodity falls, producers will supply less of the commodity since the commodity will be less profitable.

3 0
3 years ago
Read 2 more answers
Promoting goods and services to customers is a function of *​
jek_recluse [69]
Marketing Is promotions good and services
8 0
2 years ago
Which statement best describes an artifact that a company would have as
Anika [276]

Answer:

A

Explanation:

Organisational culture can be described as as shared beliefs and practices that inform the best way to behave in an organisation.

Types of Organisational culture

1. Clan culture : it emphasizes teamwork among employees in the organisation

2. Adhocracy culture - emphasises and promotes risk taking in the organisation

3. Market culture - emphasises and promotes competition and innovation in the organisation

4. Hierarchy culture - emphasise a defined structure and stability in the organisation

Artefacts of organizational culture  obvious elements of an organization's culture

option a is an artefact of market culture

4 0
3 years ago
Other questions:
  • You have been investing $165 a month for the last 12 years. today, your investment account is worth $60,508.29. what is your ave
    10·1 answer
  • Economics can be defined as the study of?
    7·1 answer
  • Halka Company is a no-growth firm. Its sales fluctuate seasonally, causing total assets to vary from $345,000 to $410,000, but f
    9·1 answer
  • You are evaluating a fund that had an annual average return of 7.2%. During that time, the average risk-free rate was 1.5% and t
    14·1 answer
  • The following totals for the month of June were taken from the payroll records of Seminole Company: Salaries, $100,000 FICA taxe
    11·1 answer
  • g Novelli Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard i
    15·1 answer
  • On October 10, Joleen Vora applied for a $50,000 life insurance policy with Magnum Life Insurance Co. She named her husband, Jay
    15·1 answer
  • Should Tangshan Mining company accept a new project if its maximum payback is 3.5 years and its initial after tax cost is​ $5,00
    7·1 answer
  • Norbury Corporation's net income last year was $27,000. The company did not sell or retire any property, plant, and equipment la
    9·1 answer
  • Use the following Year 3 data: Other Selling and Administrative Expenses $ 1,052,000 Other Expenses 249,300 Sales Revenue 4,887,
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!