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
anastassius [24]
3 years ago
7

A product sells for $5, and has unit variable costs of $3. This product accounts for $20,000 in annual sales, out of the firm's

total of $60,000. When performing multiproduct break-even analysis, what is the weighted contribution of this product?
Business
1 answer:
Ronch [10]3 years ago
6 0

Answer:

0.1333

Explanation:

Given that,

Selling price = $5

Variable cost = $3

Annual sales = $20,000

Total sales = $60,000

Contribution margin:

= Selling price - Variable cost

= $5 - $3

= $2

Number of units sold:

= Annual sales ÷ Selling price

= $20,000 ÷ $5

= 4,000 units

Total contribution sales:

= Number of units sold × Contribution margin per unit

= 4,000 units × $2

= $8,000

Weighted contribution:

= Total contribution sales ÷ Total sales

= $8,000 ÷ $60,000

= 0.1333

You might be interested in
Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..
sesenic [268]

Answer:

educational background

4 0
3 years ago
Read 2 more answers
MakerMan Manufacturing creates heavy-duty hand tools. It produces a new collapsible hammer called the SmackN’Stash. One of the f
never [62]

Answer:

Anyone who is injured by a defective product may sue the manufacturer, merchants and all others who handled the product.

Explanation:

Strict liability is a legal doctrine that holds a person responsible for the damages or loss caused by his or her acts or omissions. In torts, strict liability is the doctrine that imposes liability on a party or person without a finding of fault. A finding of fault would be negligence or tortious intent.

Strict liability is an important factor in maintaining safety in high-risk environments by encouraging individuals, employers, and other parties to implement the means to prevent injuries and damages. Construction, manufacturing, and other potentially dangerous work settings are typically subject to strict liability.

5 0
3 years ago
A supply curve has equation q equals 4 p minus 24 ⁢ comma where p is price in dollars. A dollar-sign 3 tax is imposed on supplie
emmasim [6.3K]

Answer: New supply equation = Qs= 4P - 36

Explanation: A supply equation shows us the mathematical relationship between quantity supplied and the price of the good. Since price and supply are positively related, P must carry a positive sign in the supply equation.

Given, supply is Qs=4P - 24

P is the price paid by consumers in the market.

When a $3 tax is levied , price sellers receive becomes P-T = P - 3

So, the new supply equation will be

Qs= 4 (P-3) - 24 Qs= 4P - 12 - 24  Qs= 4P - 36

5 0
3 years ago
For each of the following, compute the future value (Do not round intermediate calculations and round your final answers to 2 de
snow_lady [41]

Explanation:

The computation of the future value is shown below:

As we know that

Future value = Present value × (1 + interest rate)^number of years

In the first case,

Future value = $2,050 × (1 + 0.12)^12

                     = $2,050 × 3.895975993

                     = $7,986.75

In the second case,

Future value = $8,352 × (1 + 0.10)^6

                     = $8,352 × 1.771561

                     = $14,796.08

In the third case,

Future value =  $72,355× (1 + 0.11)^13

                     = $72,355 × 3.883280163

                     = $280,974.74

In the fourth case,

Future value = $179,796 × (1 + 0.07)^7

                     = $179,796 × 1.605781476

                     = $288,713.09

4 0
3 years ago
According to author Daniel Pink, which statement reflects personal selling in the digital era?
pantera1 [17]

Answer:

Technology that should have made salespeople

Explanation:

In To Sell Is Human, bestselling author Daniel Pink debunks the trope of the polyester-clad trickster as the face of sales in America. In fact, Pink found that most Americans now spend a good part of their job in “non-sales” sales, moving people by persuasion even if they aren’t trying to get them to buy a product. Pink explores how the increased accessibility due to the internet has made being a buyer better than ever and what salespeople need to do to be successful in a “caveat venditor” (seller aware) economy.

5 0
3 years ago
Other questions:
  • Suppose i would like to prevent a line break in word from splitting apart my customer's title and name, "mr. jones", should it h
    13·1 answer
  • When a celebrity receives extra compensation for winning an award, this compensation is referred to as a
    12·2 answers
  • Based on what you have read, if Jasmine works at the supermarket, what is her opportunity cost? working at a new job earning ext
    12·2 answers
  • Fernstrom Corporation has two divisions: East and West. Data from the most recent month appear below: East West Sales $ 330,000
    15·1 answer
  • Pure & Natural Inc. sells six different brands of laundry detergent. The products under different brands are tailored to mee
    9·1 answer
  • Which of the following is an example of a direct tax?
    5·2 answers
  • Type the correct answer in the box. Spell all words correctly.
    12·1 answer
  • The amount of checks that have been received and deposited but have not yet been made available to the account in which they wer
    12·1 answer
  • How do owners and workers get income from business​
    13·1 answer
  • "is a practice concerned with increasing awareness, fostering learning, speeding collaboration and innovation, and exchanging in
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!