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romanna [79]
4 years ago
15

auro Products distributes a single product, a woven basket whose selling price is $15 per unit and whose variable expense is $12

per unit. The company’s monthly fixed expense is $4,200. Required: 1. Calculate the company’s break-even point in unit sales. 2. Calculate the company’s break-even point in dollar sal
Business
1 answer:
scZoUnD [109]4 years ago
3 0

Answer:

(1) 1,400 units

(2) $21,000

Explanation:

Given that,

Selling price = $15 per unit

Variable expense = $12 per unit

Fixed expense = $4,200

Contribution margin per unit:

= Selling price - Variable expense

= $15 - $12

= $3

Contribution margin ratio :

= Contribution margin per unit ÷ Selling price per unit

= $3  ÷ $15

= 0.2 or 20%

1. Break even point:

= Fixed expense ÷ Contribution margin per unit

= $4,200 ÷ $3

= 1,400 units

2. Break even point in dollar sales:

= Fixed expenses ÷ Contribution margin ratio

= $4,200 ÷ 20%

= $21,000

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3 years ago
The aggregate quantity of goods and services demanded changes as the price level rises because
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Answer:

a.

Explanation:

The aggregate quantity of goods and services demanded changes as the price level rises because real wealth falls causing interest rates to rise, and this in term causes the dollar to appreciate since the interest rates are for products and services within the country and not foreign goods or services. Which as the dollar appreciates it means that foreign goods and services will become cheaper or that their relative price will fall.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
g Liabilities of the commercial banking system include Question 69 options: A) deposits. B) loans and deposits. C) reserves and
netineya [11]

Answer:

A) deposits

Explanation:

In the case of the commercial banking system, the  liabilities is deposits as the deposit is the amount of the depositors

So as per the given situation, the option A is correct as the deposits represents the commercial banking liabilities

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8 0
3 years ago
What are some of the key environmental forces that have changed the way projects are managed? What has been the effect of these
Evgesh-ka [11]

Answer: The answer is given below

Explanation:

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Some environmental forces which have

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• What has been the effect of these forces on the management of projects?

The effect of these forces on the management projects is that it resulted in more projects for every organization, it also resulted in changing structures of organization, accountability, the need for rapid completion of projects, the linking of projects to the strategies of the organization and the alliance with the external organizations.

• Why is the implementation of projects important to strategic planning and the project manager?

Strategic plans are typically implemented through projects. This could be through a new information system, a new product, or new plant for new product. It should be noted that the project manager is responsible for the timely completion of the project within the budget, and also within specifications in order for the customers to be satisfied. In cases whereby the project is not being linked to a organization's strategic plan, the resources that are being devoted to the project will result into wastage.

• What is meant by an integrative approach to project management? Why is this approach important in today?

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3 0
3 years ago
The direct labor standards for a particular product are 4 hours of direct labor at $12.00 per direct labor-hour = $48.00. During
Firlakuza [10]

Answer:

B) $ 1,614

Explanation:

Given the information

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Direct labor hours= 13,450

=> rate per hour = $159,786 / 13,450 = $11.88

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= 1614

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