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Virty [35]
2 years ago
6

Lake stevens marina has estimated that fixed costs per month are $350,000 and variable cost per dollar of sales is $0.30.

Business
1 answer:
Leni [432]2 years ago
4 0

$500,000

Break even =(fixed costs - contribution margin)

Contribution margin is Price of item- variable costs ($1- 30 cents/per item=.7)

$350,000/.7 = $500,000

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Answer:

d. an increase in the quantity of bicycles demanded.

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On January 1, 2020, Scottsdale Company issued its 12% bonds in the face amount of $3,000,000, which mature on January 1, 2030. T
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For the year ended December 31, Year 1, Fields Company made cash payments of $61,600 for dividends, paid interest of $30,400, pa
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Answer:

D. $77,600

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3 years ago
"Falling oil prices have caused a sharp decrease in the supply of oil." Speaking precisely, this quotation is ______.a. Correct;
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3 years ago
Hunter & Sons sells a single model of meat smoker for use in the home. The smokers have the following price and cost charact
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As for the provided information,

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