Ask question

Ask question

All categories

3 years ago

9

Crane company produces flash drives for computers, which it sells for $20 each. the variable cost to make each flash drive is $1

3. during april, 350 drives were sold. fixed costs for april were $1400. how much is the monthly break-even level of sales in dollars for crane?

1 answer:

Butoxors [25]3 years ago

7 0

The break even level of sales is <span>$1400</span> +$13*n

You might be interested in

In an import-oriented distribution structure,A. the importer-wholesaler traditionally performs most of the marketing functions.B

Gnesinka [82]

Answer:

A. the importer-wholesaler traditionally performs most of the marketing functions.

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

An import-oriented distribution structure is also referred to as a traditional distribution structure and it typically involves controlling a fixed supply of goods by an importer while selling a limited supply of the goods (products) at a higher price to a small group of rich or affluent customers.

This ultimately implies that, in this type of distribution structure, demand for goods usually exceeds the quantity of goods supplied.

Hence, in an import-oriented distribution structure, the importer-wholesaler traditionally performs most of the marketing functions.

5 0

4 years ago

Susan Marciano invested part of her $38,000 bonus in a fund that paid a 10% profit and invested the rest in stock that suffered

kakasveta [241]

Answer:

Missing word <em>"The amount invested at 10% is $? and The amount invested in stock is ?"</em>

<em />

Let Susan invested $x that paid a 10% profit

Then (38,000 - x) suffered loss at 4%

Overall net profit = $3,350

10% of x - 5% of (38,000 - x) = $3,350

10/100*x - 5/100*(38,000 - x) = $3,350

10x - 5*(38,000 - x) = 335,000

10x - 190,000 + 5x = 335,000

15x = 335,000 + 190,000

15x = 525,000

x = 525,000/15

x = 35,000

From (38000 - x) when x = 35,000

==> 38,000 - 35,000

==> $3,000

So, the amount invested at 10% is $35,000 and the amount invested at 5% i.e stock is $3,000

3 0

4 years ago

Which one of the statements below is true? Deposits in transit are deducted from the balance per the bank statement, and outstan

NARA [144]

Answer:

Option D. The deposits in transit are added to the balance per the bank statement, and outstanding checks are deducted from the balance per the bank statement during the bank reconciliation process.

Explanation:

The reason is that the bank balance as per business books are kept updated according to their knowledge of the transaction verified and bank keeps its business books updated according to its knowledge of the verified transactions.

When the customer presents the check to the business, the business increases its bank balance as per its books and at this point the bank doesn't know whether there is any monetary transaction actually taken place or not. So the bank hasn't altered the business bank balance in their books of accounts. This means the bank is overstated by the deposit in transit and for reconciliation sake we will have to add it to balance as per bank to tally it with the balance as per the business.

Similarly the Outstanding checks which is also known as unpresented checks are the money not yet withdrawn from the business bank account but is actually deducted from the bank balance as per the business books because the payments that the business makes actually records it. This means that the bank balance as per business books are lower than the balance as per the bank and for reconciliation sake we will have to deduct it from the balance as per bank to tally it with the balance as per the business.

5 0

3 years ago

Read 2 more answers

At the beginning of the month, the forming department of martin manufacturing had 10,000 units in inventory, 30% complete as to

bonufazy [111]

Answer:

Equivalent units for materials are 68,400 units

Equivalent units for conversion are 66,800 units

Explanation:

Eighted average costing adds the value of beginning invventory in the period cost to calculate the average cost per unit.

According to this method the equivalent units formula is as follow

Equivalent Units = Unit completed and transferred to Finished goods + Units in Work in Process x Completion percentage

Material

Equivalent Units = 62,000 + 8,000 x 80% = 68,400 units

Conversion

Equivalent Units = 62,000 + 8,000 x 60% = 66,800 units

6 0

4 years ago

Determine which of the following countries would be classified as 'growth miracles' or 'growth disasters'. Which of the followin

Makovka662 [10]

Answer:

A Growth miracle can be something that tremendously changes your buisness in a good way. A Growth Disaster can be something that sets a company back to square one such as overdue bills or drowning in debt.

Explanation:

5 0

3 years ago