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postnew [5]
3 years ago
12

Fern Corporation manufacturers a single product that has a selling price of $15.00 per unit. Fixed expenses total $51,000 per ye

ar, and the company must sell 8,500 units to break even. If the company has a target profit of $15,000, sales in units must be:
Business
1 answer:
Natali [406]3 years ago
4 0

Answer:

11,000

Explanation:

The breakeven point is the number of units that must be sold such that the total sales becomes equal to the total cost. The total cost is made of the fixed and variable cost.

Given

selling price = $15.00 per unit

Fixed expenses total = $51,000 per year

Breakeven units = 8500

let the variable cost per unit be y

15(8500) = 8500y + 51000

8500y = 127500  - 51000

y = 76500 /8500

y = $9

To make a profit of $15,000, let required sales unit be T

15T - (51000 + 9T) = 15000

6T = 15000 + 51000

6T = 66000

T = 11,000

To make a profit of $15,000, sales in unit must be 11,000

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Answer: Repeat

Explanation:

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The process of repeat purchasing basically indicate that the customer loyalty towards the particular brand and it maintain the customer relationship.

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6 0
4 years ago
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Answer:

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4 0
4 years ago
A company received a bill for newspaper advertising services, $340. the bill will be paid in 10 days. how would the transaction
Sladkaya [172]

The transaction for the bill for newspaper advertising services will be recorded today as a debit to Advertising Expenses and a credit to Accounts Payable (Advertising Payable).

<h3>How is an accrued expense recorded?</h3>

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According to the matching principle and accrual concept of generally accepted accounting principles, all expenses incurred within a financial period must be recognized in that period whether cash has been exchanged or not.

Thus, the transaction for the bill for newspaper advertising services will be recorded today as a debit to Advertising Expenses and a credit to Accounts Payable (Advertising Payable).

Learn more about recording accrued expenses at brainly.com/question/14524895

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6 0
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What aspects of managing your account were probably more difficult before online banking was available?
sveticcg [70]

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One of the main advantages of online banking is that you can access information about your account immediately and from anywhere. Before online accounts were available, you had to go to a bank or ATM on some specific cases if you wanted to carry out any type of transaction, e.g. pay a service or transfer money. Online accounts make it less likely for a person to go to a bank, e.g. in order to get a loan, I did it all online, I didn't even need to go to the bank.

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Greeley [361]

Answer:

1. The measures that City Bus Risk Manager should take in the risk management process are as follows

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