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
kifflom [539]
3 years ago
11

Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $300 and has a unit cont

ribution margin of $105; the Adult model sells for $850 and has a unit contribution margin of $450; and the Recreational model sells for $1,000 and has a unit contribution margin of $500. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,500,000, calculate the firm's break-even point in composite units (rounded to the nearest whole unit). Multiple Choice 858 composite units. 429 composite units. 6,161 composite units. 15,150 composite units. 7,575 composite units.
Business
1 answer:
Elan Coil [88]3 years ago
5 0

Answer:

858 composite units

Explanation:

\left[\begin{array}{cccc}&$CM&$Unit Mix&$weight&$Youth&105&5&525&$Adult&450&9&4,050&$Recreational&500&6&3,000&$Subtotal&&20&7,575&\end{array}\right]

We have to multiply the contribution per unit for the compose of the sales mix.

105x5 =    525

450x9= 4,050

500x6= 3,000

<u>Then we add it to get the composed unit contribution margin</u>

7,575

Then, we calcualte the BEP using this amount

\frac{Fixed\:Cost}{Contribution \:Margin \:MIX} = BEP\: MIX_{units}

Fixed Cost 6,500,000

Composite Units Margin 7575

\frac{6500000}{7575} = BEP\: MIX_{units}

BEP 858.0858086

You might be interested in
Derek just received a bonus and wishes to set aside a portion of it in order to save for a 10-year reunion cruise that his old c
kotegsom [21]

Answer:

$3,168

Explanation:

We will receive $4000 in future (after 4 years time) which means all we want to know is the amount that we Derek must deposit today.

This present value of the $4000 payment received after 4 years from today can be calculated using the following formula:

Present value = Future Value / (1 + r)^n

Here

Future Value is $4000

r is 6%

n is 4 years

So by putting values, we have:

Present value = $4000 / (1 + 6%)^4 Years

Present value = $3,168

3 0
3 years ago
Grace is the editor of her school newspaper. Which feature of a word processing program would she use to make her changes visibl
gogolik [260]

<u><em>the answer is A TRACK CHANGES  . autocorrect is wrong it  deletes the answer and changes it to the right one . but track changes shows all the changes you have made to the paper hope this helps. </em></u>

8 0
3 years ago
Read 2 more answers
For the U.S. soft drink market, of the 300 million people in the U.S., 80% of the population is the maximum number of consuming
neonofarm [45]

Answer:

Annual market potential = $85,848 millions

Explanation:

The annual market potential is the expected sales value for the soft drink product  for a year should the maximum number of potential consumers purchase the product at the average price.

Annual market potential = Average price × No of consuming unit × consumption rate per annum

Maximum number of consuming unit = 80%× 300 million =240 million

Consumption rate per buyer per annum = 365

Average price = $0.98

Annual market potential ($) = 0.98× 240× 365 =$85,848 millions

Annual market potential = $85,848 millions

6 0
3 years ago
Ballard Company reported assets of $500 and liabilities of $200. What amount will Ballard's report for stockholders' equity?
Westkost [7]

Answer:

$300

Explanation:

Data provided in the question

Assets reported = $500

Liabilities = $200

So, Stockholder equity is

= Total assets - total liabilities

= $500 - $200

= $300

By applying the accounting equation, that equal to

Total assets = Total liabilities + owners equity

We can find out the stockholder equity by deducting the total liabilities from the total assets

7 0
3 years ago
Credit cards are
Ymorist [56]
<span>Credit cards are included in neither the M1 definition of the money supply nor in the M2 definition. Credit cards do not come under these definition because M1 and M2 by definition deals with deposits, saving accounts tiny deposits and assets conversion and cash in the money supply sector. Hence the concept of credit cards is not covered in M1 and M2.</span>
8 0
3 years ago
Other questions:
  • With scarcity at the base of all material economics the key operating principle is
    14·1 answer
  • Joe is 68 and retired. He receives retirement benefits from a variety of sources. He receives distributions from his traditional
    15·1 answer
  • Which of the following would you list as an "Essential (Fixed)" expense?
    14·2 answers
  • A firm wishes to shut down an office and fire 100 employees. The company will save $3000 per month per employee. It is estimated
    15·2 answers
  • If an arbitrageur can borrow up to $1,000,000 (or CD1,250,000), formulate a covered interest arbitrage. Make sure to explain you
    9·1 answer
  • On January 2, 2017, Vaughn Inc. sells goods to Geo Company in exchange for a zero-interest-bearing note with face value of $10,1
    11·1 answer
  • Consider a simple example economy where there are two goods, coconuts and restaurant meals (coconut-based). There are two firms.
    10·1 answer
  • The rates of return on Cherry Jalopies, Inc., stock over the last five years were 22 percent, 11 percent, −4 percent, 6 percent,
    12·1 answer
  • Suppose there is a decrease in the U.S. selling price of Japanese-made cars (a substitute for American-made cars). At the same t
    10·1 answer
  • True or false: GAAP require end-of-period adjustments for the estimated bad debts in the period of the credit sale even though t
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!