Answer:
1. 0.5
2. $360,000
3. $25,500
Explanation:
The BEP which is the break even point is the point where the company's sales or revenue generated is equal to the cost incurred. As such, the BEP is the number of units that must be sold for the company to make neither a profit nor a loss.
Both sales and variable cost are dependent on the number of units sold.
The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.
CM Ratio
= 1500000/3000000
= 0.5
Break even point in $ = Fixed cost/ CM ratio
= $180,000/0.5
= $360,000
If the sales increase, the variable cost will also increase as both are dependent on the level of activity.
If sales increases by $51,000, number of units sold
= $51,000/$120
= 425
Increase in variable expense
= 425 * $60
= $25,500
Increase in net operating income
= $51,000 - $25,500
= $25,500
The answer is B a hospital
Answer:
True
Explanation:
This statement is quite reasonable that most disgruntled guests complain but this is not entirely fair as some disgruntled guests do not even complain.
A satisfied guest is one who wishes for something and sets a price for it. Sometimes guests do not complain even when one of these two is fulfilled.
<span>Upton Sinclair is the answer ^///^</span>
Answer:
The correct answer is A)
Explanation:
When products and or services are manufactured at a level that maximizes social welfare, allocative efficiency is said to have occurred.
A market system characterized as monopolistic competition may <u><em>never </em></u>achieve productive efficiency because firms often fix prices at a point higher than their marginal costs.
Marginal cost refers to the added cost incurred by producing or manufacturing one additional unit of a product.
Cheers!
