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
svet-max [94.6K]
3 years ago
9

Kid’s Corner sells lamp systems for $25. These systems use LEDs to create a light display across walls or ceilings. Kid’s Corner

pays $13 for the systems. Fixed costs incurred by the company are $18,000. a. What is the breakeven point in units? b. If Kid’s Corner wishes to earn $10,000 in operating income, how many systems will it have to sell?
Business
1 answer:
tatiyna3 years ago
4 0

Answer:

a. Breakeven point: 1,500 units.

b. Kid´s Corner would have to sell 2,333.33 units to earn $10,000 in operative income.

Explanation:

a. breakeven point in units=\frac{fixed costs}{Total sales revenue - Cost to make product}

breakeven point= =\frac{18,000}{25-13}=1,500 units

b. Operating income =  Total revenue - direct costs-indirect costs

$10,000=$25*X-$13*X- 18,000

Where X is the amount of units to sell

Isolating X from the equation, we have:

12X=28,000

X=28,000/12

X= 2,333.33

You might be interested in
Ken's Car Repair uses a 35.00% material loading charge and a labor rate of $23.00 per hour. How much will be charged on a job th
Art [367]

Answer:

the amount charged on a job is $401.50

Explanation:

The computation of the amount charged on the job is shown below:

The Amount to be charged is

= Material Loading Charge + Labor Charge + Materials Cost

= 35% × $110 + $23 Per Hour × 11 Hours + $110

= $38.50 + $253 + $110

= $401.50

Hence, the amount charged on a job is $401.50

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

4 0
3 years ago
The industry-low, industry-average, and industry-high benchmarks on pp. 6-7 of each issue of the Camera
Ainat [17]

These are worth careful scrutiny by the managers of all companies because when a company's costs for one or more of the cost benchmarks are deemed "out-of-line," managers need to initiate corrective actions in the next decision round.  only have value to the managers of companies whose costs are below the industry averages.

<h3>What do you mean by industry?</h3>

An industry is a group of companies that are related based on their primary business activities.

In modern economies, there are dozens of industry classifications. Industry classifications are typically grouped into larger categories called sectors.

<h3>What are the 4 types of industry?</h3>

There are four types of industry, namely primary, secondary, tertiary and quaternary.

Primary industries involve the activities related to extraction and processing of natural resources, such as agriculture, mining, fishing, etc.

Learn more about industries here:

<h3>brainly.com/question/15843661</h3><h3 /><h3>#SPJ4</h3>
8 0
2 years ago
What three colors are used to create the color white on a tv or computer screen?
vivado [14]
Red yellow and blue because when they are all moved at a high speed they combine to make white
8 0
4 years ago
Read 2 more answers
The rationality assumption as used in economicsA. is widely accepted by other social science disciplines as well.B. states that
NNADVOKAT [17]

Answer:

(D) presumes that everyone can perform sound logical analysis at all times

Explanation:

Economics assumes that everyone is rational and will always choose an option that yields the highest utility in all cases. This accounts for the term "the rational human being" in Economics.

5 0
3 years ago
Forsyth County charges a 7% sales tax. If you bought a new printer form $3250.00, what is the total cost for the printer?
iren2701 [21]

Answer:

Total cost = $3477.5

Explanation:

Given the following data;

Sales tax = 7%

Cost price = $3250.00

To find the total cost for the printer;

First of all, we would determine the sales tax

Sales tax = 7/100 * 3250

Sales tax = 7 * 32.5

Sales tax = $227.5

Now, we can find the total cost;

Total cost = sales tax + cost price

Total cost = 227.5 + 3250

Total cost = $3477.5

5 0
3 years ago
Other questions:
  • Durable ceramics, inc., provides inexpensive ceramic tile to builders of institutional buildings such as schools, prisons, and p
    10·1 answer
  • A business renders services to a client and issues a sales invoice. The amount will be collected from the customer at a later ti
    12·1 answer
  • During January, the following selected transactions occurred.
    12·1 answer
  • Suppose that call options on ExxonMobil stock with time to expiration 3 months and strike price $104 are selling at an implied v
    9·1 answer
  • Last year, Nicole had to invest. She invested some of it in an account that paid simple interest per year, and she invested the
    6·1 answer
  • If a price reduction leads to larger total revenue, demand is
    13·1 answer
  • Lionel's Lawn Care is a company that maintains residential yards. Lionel's cost for his standard package of mowing, edging, and
    9·1 answer
  • Joe, a human resources specialist for Jersey Office Supplies Co., rides along with the furniture delivery people to observe the
    12·1 answer
  • if a trial balance totals do not agree, the difference must be entered in a. nominal account b. the profit and loss account C. t
    8·1 answer
  • What is the IRR for a project that costs $100,000 and provides annual cash inflows of $30,000 for 6 years starting one year from
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!