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2 years ago

LO 3.3When fixed costs decrease and all other variables remain unchanged, the break-even point will ________.

Business

1 answer:

Alexxx [7]2 years ago

6 0

Answer:

decrease

Explanation:

Break-even point is use to determine the minimum number of units a company needs to sell in order to fully cover the fixed costs. The formula for break-even point is ;

Break- even point = Fixed cost/ (Selling price - Variable cost)

When fixed cost(FC) is decreased while variable cost (VC) and selling price is kept at the same level, the numerator will be smaller making the break- even point to decrease.

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What does it mean to do time analysis which is one of the principles referred to ?

Whitepunk [10]

Data Analysis - Process. Data Analysis is a process of collecting, transforming, cleaning, and modeling data with the goal of discovering the required information. The results so obtained are communicated, suggesting conclusions, and supporting decision-making.

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2 years ago

Murphy's, Inc., has 85,000 shares of stock outstanding with a par value of $1 per share. The market value is $12 per share. The

nexus9112 [7]

Answer:

The correct answer is $177,955.

Explanation:

According to the scenario, the computation of the given data are as follows:

Capital in excess of par account = $74,500

Common stock = $85,000

Retained earning = $141,500

So, we can calculate the balance in the capital in excess of par account be after the dividend by using following formula:

Capital after Dividend = Balance sheet amount of Capital + ( Issued additional share × Capital in excess of par per share )

Where,

Issued additional share = 11% × $85,500 = 9,405

And Capital in excess of par per share = $12 - $1 = $11

By putting the value, we get

Capital after dividend = $74,500 + ( 9,405 × $11)

= $74,500 + $103,455

= $177,955

8 0

2 years ago

A shoe company invests $300,000 in equipment to produce a new line of athletic footwear. Each pair of shoes costs $15 to produce

jekas [21]

Pair of footwear costs $15 to supply and sells for $70.A shoe organization sells 5455 gadget pairs of shoes.

The costs function refers back to the useful dating between cost and output. It studies the behavior of price at distinctive ranges of output while generation is assumed to be steady. it may be expressed as under C= f(Q) (here, C= price of production; and Q= Quantum of output).

The Costs function measures the minimal value of producing a given degree of output for some fixed element costs. The fee feature describes the economic opportunities of a company. type of quick-run price features: average (total) fees. average constant charges.

A price feature is a characteristic of input expenses and output quantity whose cost is the price of making that output given the ones enter prices, often carried out via using the cost curve with the aid of agencies to reduce fees and maximize manufacturing performance.

Learn more about costs function here: brainly.com/question/2292799

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5 0

1 year ago

Which revision eliminates the pronoun shift in the sentence below? if a student wishes to go on the field trip, they must bring

stealth61 [152]

Answer;
If a student wishes to go on the field trip, he or she must bring in a permission slip.

Explanation;
This is because a singular noun, student, should take a singular pronoun, and the subject must agree with the verb. That is; instead of using the noun student (singular noun) with the pronoun they (plural pronoun), one should use the pronouns he or she (singular pronoun)

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2 years ago

Read 2 more answers

Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation. Calculate the adjusted

grin007 [14]

Answer:

b. $5,870

Explanation:

Data given in the question

Cash balance per books, May 31 $5,400

Deposits in transit $375

Notes receivable and interest collected by bank $650

Bank charge for check printing $40

Outstanding checks $2,400

NSF check $140

The computation of the adjusted cash balance per books is shown below:

= Cash balance per books + Notes receivable and interest collected - Bank charges - NSF check

= $5,400 + $650 - $40 - $140

= $5,870

3 0

3 years ago