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
dexar [7]
3 years ago
7

The contribution margin ratio of Candle Corporation's only product is 65%. The company's monthly fixed expense is $455,300 and t

he company's monthly target profit is $41,300. Required: Determine the dollar sales to attain the company's target profit. (Round your answer to the nearest whole dollar amount.)
Business
1 answer:
adelina 88 [10]3 years ago
3 0

Answer:

Break-even point in dollars= $764,000

Explanation:

Giving the following information:

The contribution margin ratio of Candle Corporation's only product is 65%.

The company's monthly fixed expense is $455,300.

The target profit is $41,300.

Break-even point in dollars= (fixed costs + profit)/contribution margin ratio

Break-even point in dollars= (455300+41300)/0.65

Break-even point in dollars= $764,000

You might be interested in
Which financial transaction is associated with the home rental process?
Bezzdna [24]
During a home rental process you must place a security deposit down in order to rent the home. You also sometimes will have to pay a couple months rent in advance.
3 0
3 years ago
Read 2 more answers
While attending a staff meeting and listening to a coworker present information on the legal use of copyrighted images, Darrell
Oxana [17]

Answer:

He should tell his coworker that there is mistakes, but in a polite way.

Explanation:

hope this helps

8 0
3 years ago
The area of a patio is 5 5/8 square yards and its length is 1 1/2 yards. What is the patios width in yards?
Angelina_Jolie [31]
The formula to find the area of a rectangle is
Area=length*width
( area equals length times width)

So you substitute the values in the problem into the equation above.
5 5/8=1 1/2* w

Then you can solve the equation by dividing the 5 5/8 by the 1 1/2, cancelling out 1 1/2 and leaving the w by itself on one half of the equal sign
You are left with
3 3/4 = w

The width of the patio in yards is 3 3/4.
(Just ask if you have more questions or I didn't explain something clearly)
8 0
3 years ago
Read 2 more answers
Consider a business that can be run using a make-to-stock or make-to-order process. Further suppose that your demand is 10000 pe
Scorpion4ik [409]

The best choice would be Choose Make-to-Order Process.

Option b

<u>Explanation:</u>

Make to order (MTO) also known as made to order, is a type of business production strategy which allows the customers to buy the products that are designed or customised based on their own specifications.

In simpler words, this process involves the production of customised goods after the consent of the consumers.

Here it has been mentioned that the demand is 10,000 units per month and the capacity of the company production is 15,000 units. So, it can be inferred that the company would have enough time to produce the goods based on the desirability of the customers. (customised products).

Therefore, the best choice would be Choose make-to-order process.

6 0
3 years ago
Rad, a manufacturer of luxury watches, charges a higher price for its products than its competitors. Despite the high prices, th
rodikova [14]

Answer:

More-for-more

Explanation:

A value proposition refers to the value a company promises to deliver to customers if they decide to purchase their product. A value proposition is also a declaration of intent or a statement that introduces a company's brand to consumers by informing the customers what the company stands for, how it is being operated, and why it deserves their patronage.

8 0
4 years ago
Other questions:
  • A business has the following items:
    14·1 answer
  • Suppose that from a new checkable deposit, First National Bank holds two million dollars in vault cash, eight million dollars on
    9·1 answer
  • The sticky-price theory of the short-run aggregate supply curve says that if the price level rises by 5% while firms were expect
    5·1 answer
  • Define what is meant by the phrase "planning materiality threshold"
    14·1 answer
  • Over time, members of the supply chain often formalize their relationship by entering into contracts that dictate various terms,
    15·1 answer
  • A car dealership promotes cars by donating a percentage of each sale to local charities. A beverage company gives free branded t
    5·1 answer
  • An employee’s ability to perform his or her job effectively is referred to as
    15·1 answer
  • Jackson Manufacturing Company had a beginning inventory of $23,000. During the year, the company recorded inventory purchases of
    5·1 answer
  • Who else is sitting somewhere, bored ash, looking for a convo?
    9·1 answer
  • Which difference between your bank statement and your records is most likely to indicate fraud
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!