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olga2289 [7]
3 years ago
15

Adams Company produces a product that sells for $33 per unit and has a variable cost of $13 per unit. Adams incurs annual fixed

costs of $120,000. RequiredDetermine the sales volume in units and dollars required to break even. (Do not round intermediate calculations.)Calculate the break-even point assuming fixed costs increase to $192,000. (Do not round intermediate calculations.)
Business
1 answer:
kipiarov [429]3 years ago
5 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Adams Company produces a product that sells for $33 per unit and has a variable cost of $13 per unit. Adams incurs annual fixed costs of $120,000.

To calculate the break-even point both in dollars and units, we need to use the following formulas:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 120,000/ (33 - 13)

Break-even point in units= 6,000 units

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

Break-even point (dollars)= 120,000/ (20/33)

Break-even point (dollars)= $198,000

Now, for fixed costs= 192,000

Break-even point in units= 192,000/ (33 - 13)= 9,600 units

Break-even point (dollars)= 192,000/ (20/33)= $316,800

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Answer:

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To correct for market failures.

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Explanation:

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To achieve a more equitable distribution of income and wealth: This is the aim of a develop economy to allocate the resources where needed and for that some countries rely in the government capability to prevent Monopoly creation or to protect its Internal Labor market.

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Answer:

See below

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The law of supply explains the correlation between supply and price. As prices increase, supply also tends to increase.

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The checkbook balance of Lester Co. was $922.55. The bank statement revealed a balance of $3,881.14. The bank statement showed i
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bank statment        7.294,14

From the bank accout we deduct the outstanding check and increase by the deposit in transit.

accounting        922.55

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check              <u>   (482. 19)  </u>

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From the accounting we adjust for the transaciton which aren't know by the company:

the interest and service charge, the note colected and we also adjsut for mistake like the check not deducted.

in both we must reach the same final answer.

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According to the factor price equalization theorem, if country B is labor abundant, then if country B initiates trade with count
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The Factor Price Equalisation Theory states that when two countries trade, the price of identical factors of production will tend to be equalised across the countries. Factors of production include wage rate and rent of capital.

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