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
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

You might be interested in
has a standard of 2 direct labor hours per unit. The standard wage rate of each worker is $32.50 per hour. In July, the company
ikadub [295]

Answer:

$130 Favourable

Explanation:

Given the above information,

Standard hours = 2 × 4770 = 9,540

Actual hours = 8,940

Standard rate = $32.50

Then, Direct labor efficiency variance is computed as

= ( Standard hours allowed for production - Actual hours taken) × Standard rate per direct labor hour

= [(2 × 4,770) - 8,940] × $32.50

= [9,540 - 8,940] × $32.50

= 600 × $32.50

= $130 Favourable

6 0
2 years ago
The delivery of computing as a service is knonw as?​
ZanzabumX [31]

Answer:

Infrastructure as a service

Explanation:

5 0
3 years ago
A(n) ____ database supports a relatively small number of users (usually fewer than 50) or a specific department within an organi
Ahat [919]
The answer to this question is the workgroup database. A workgroup database is a type of database that is consist of around 20-25 members in a group that will work and developed on making a database for an organization.
4 0
3 years ago
Criminal law is concerned with a. the prosecution of private individuals by other private individuals. b. the prosecution of pub
Agata [3.3K]

Answer:

d.

Explanation:

Criminal law is a branch of the United States Justice System which deals with all types of crimes. Criminal law is mostly concerned with wrongs committed against the public as a whole. Such crimes include anything that can be perceived as being threatening or harmful to the property, health or safety of the population or an individual.

4 0
3 years ago
Scenario
aalyn [17]

Answer:

GBI

a. Journal Entries

Feb. 2

Debit Supplies Expense $800

Credit Payables-Misc. account $800

To record the purchase of supplies on account.

Feb. 4

Debit Accounts Payable $800

Credit CAsh $800

To record the payment on account.

b. The resulting document numbers are:

FI document number 1: __________ 100001

FI document number 2: __________ 100002

Explanation:

The journal entries are made to initially record the transactions in the books of GBI.  Journal entries identify the accounts involved in every transaction.  They add some brief narrations of the transaction.

4 0
3 years ago
Other questions:
  • In ______, the organization is either trying to get people inside the company to apply for different job openings or to get outs
    9·1 answer
  • Give examples of import export and entreport trade​
    10·1 answer
  • A company is constructing an asset for its own use. Construction began in 2017. The asset is being financed entirely with a spec
    5·2 answers
  • You are interested in hiring an ergonomics consultant to evaluate your employees' desks and chairs. You research four consultant
    8·1 answer
  • You decide to quit your $60,000-per-year job as an information technology specialist and illustrate children's books. At the end
    13·1 answer
  • A metallurgical engineer decides to set aside money for his newborn daughter's college education. He estimates that her needs wi
    5·1 answer
  • At the beginning of Year 1, the company's inventory level was stated correctly. At the end of Year 1, inventory was overstated b
    10·1 answer
  • The U.S. government imposes a 25 percent tax on the selling price of any four-wheel-drive SUV that is brought into the U.S. by a
    8·1 answer
  • Which situation best illustrates the role of businesses in the circular flow of<br> goods?
    15·2 answers
  • The most recurring item on a data list
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!