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kolezko [41]
3 years ago
13

Cannon Co. has a unit selling price of $500, variable cost per unit $300, and fixed costs of $240,000. Compute the break-even po

int in units and in sales dollars. In units In sales dollars Break-even point $
Business
1 answer:
Furkat [3]3 years ago
8 0

Answer:

Break-even point= 1,200 units

Break-even point (dollars)= $600,000

Explanation:

Giving the following information:

Cannon Co. has a unit selling price of $500, variable cost per unit $300, and fixed costs of $240,000.

To calculate the break-even point in units, we need to use the following formula:

Break-even point= fixed costs/ contribution margin

Break-even point= 240,000/ (500 - 300)

Break-even point= 1,200 units

To calculate the break-even point in dollars, we need to use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)=  240,000/ (200/500)

Break-even point (dollars)= $600,000

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What type of consumer debt is the largest in the united states
ankoles [38]

Hi !!

The largest consumer debt concerns home mortgage.

it has gone up to 9,14 trillions.

In second place comes student loans

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7 0
3 years ago
A new variety of Doritos is initially introduced in Fort Worth, Texas; Columbia, South Carolina; Peoria, Illinois; and Spokane,
Alex787 [66]

Answer:

Roll-out approach

Explanation:

In the roll-out approach a company tries out a campaign or promotion in some part of a country and if successful, they replicate same in other areas, and then across the country. The new variety of Doritos was first rolled out in areas that they company felt they could measure the success of the brand, and then finally rolled out to the entire country.

6 0
2 years ago
Read 2 more answers
Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for Januar
Zigmanuir [339]

Answer:

Total Contribution Margin= $50,388

Explanation:

Giving the following information:

Sales (3,400 units) $ 88,400

Variable expenses 43,316

We need to calculate the selling price and unitary variable cost:

Selling price= 88,400/3,400= $26

Unitary variable cost= 43,316/3,400= $12.74

Now, we can calculate the total contribution margin for 3,800 units.

Sales= 26*3,800= 98,800

Variable cost= 12.74*3,800= (48,412)

Contribution margin= 50,388

3 0
2 years ago
A quality control activity analysis indicated the following four activity costs of a hotel:
svet-max [94.6K]

The Cost of Quality Report is as follows:

Quality Cost                 Quality     Percentage of                  Percentage of

Classification                  Cost        Quality Cost                      Total Sales

Prevention                  $98,600     20% ($98,600/$493,000)     3.4%

Appraisal                       49,300     10% ($49,300/$493,000)       1.7%

Internal Failure           246,500     50% ($246,500/$493,000)  8.5%

External Failure            98,600     20% ($98,600/$493,000)     3.4%

Total Quality Costs $493,000     100%                                       17.0%

Data and Calculations:

Inspecting cleanliness of rooms                             $49,300 (Appraisal)

Processing lost customer reservations                   98,600 (External failure)

Rework incorrectly prepared room service meal 246,500 (Internal failure)

Employee training                                                    98,600 (Prevention)

Total                                                                     $493,000

Sales                                                                 $2,900,000

Percentage of Quality Cost = Quality Cost/Total Quality Cost * 100

Percentage of Total Sales = Quality Cost/Total Sales * 100

Thus, the cost of quality report is an appraisal of how the hotel uses its resources to prevent poor quality, including its internal and external failures.

Learn more about cost of quality report here: brainly.com/question/23775957

4 0
2 years ago
Which of the following is a condition necessary to exclude an obligation from current liabilities? Entry field with incorrect an
lutik1710 [3]

Answer:

The answer is: Obligation that has a distant due date exceeding company's operating cycle.  

Explanation:

A current liability is a financial obligation due within one year (or one normal operation cycle).

So a financial obligation that has a due date that exceeds a company´s operating cycle should have been directly classified as a long term liability (or a non current liability) in the first place. It simply is not a current liability that is changed into a long term liability, it always was a long term liability.

The other options represent the steps necessary for turning a current liability into a long term liability.

  1. Intend to refinance the obligation on a long-term basis.
  2. Demonstrate the ability to complete the refinancing.
  3. Subsequently refinance the obligation on a long-term basis.

7 0
3 years ago
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