1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Citrus2011 [14]
3 years ago
10

_____ is the method used to determine the number of units a firm must sell at a specific price to cover all costs.

Business
1 answer:
Aleksandr-060686 [28]3 years ago
3 0

Answer:

Breakeven analysis.

Explanation:

Breakeven analysis is the method used to determine the number of units a firm must sell at a specific price to cover all costs. It is a concept that allow business owners or financial experts to determine and know what they need to sell either on a monthly or annual (yearly) basis, in order to be able to cover the costs of doing the business.

Basically, it helps us to determine the amount of revenue required for the smooth operation of a business, amount of money needed to cover both fixed and variable costs. Using the breakeven analysis, production costs can be categorized as;

1.  Variable costs: these are costs that usually change with respect to changes in the level of production or output. Examples are direct labor, maintenance of equipment or machines, raw materials costs etc.

2.  Fixed costs: these are the costs which are not directly related to the level of production or not affected by the quantity of output in an organization. Examples are rent, depreciation, administrative cost, research and development costs, marketing costs etc.

You might be interested in
True or false. When starting out of a career, you should always work at least two jobs so that you can accumulate money for inve
Murljashka [212]
This answer is correct it is true
5 0
3 years ago
__________ is an example of a term that is unique to a regional culture in the United States. a. Nope b. Fix’n c. Cool d. Really
insens350 [35]

Answer:

B. Fix'n

Explanation:

I got a 100% on my quiz

8 0
3 years ago
Read 2 more answers
Osborn Manufacturing uses a predetermined overhead rate of $20.00 per direct labor-hour. This predetermined rate was based on a
egoroff_w [7]

Answer:

1. Manufacturing overhead applied = Actual hours * Predetermined overhead rate

Manufacturing overhead applied = 13300 * $20

Manufacturing overhead applied = $266,000

From the question, Osborn Manufacturing actually incurred $275,000 of manufacturing overhead. Hence, the Manufacturing overhead is under-applied because the applied manufacturing overhead is less than the actual manufacturing overhead

Hence, Manufacturing overhead under-applied = $275,000 - $266,000

= $9,000

2. Since the applied manufacturing overhead is less than the actual manufacturing overhead, the gross margin would decrease by $9,000. The journal entry will use the under-applied manufacturing overhead for record.  

6 0
3 years ago
produces sports socks. The company has fixed expenses of $ 90 comma 000$90,000 and variable expenses of $ 0.90$0.90 per package.
antiseptic1488 [7]

Answer:

The contribution margin and the contribution ratio is $0.90 and 50% respectively.

Explanation:

The formula to compute contribution margin per package is shown below:

Contribution margin = Selling price per package - variable expense per package

= $1.80 - $0.90

= $0.90

And, the formula to compute contribution ratio is shown below:

= (Contribution per package ÷ selling price per package) × 100

= ($0.90 per package) ÷ ($1.80 per package) × 100

= 50%

8 0
3 years ago
Fresh-Cola Inc. is a manufacturer of carbonated drinks that packages its products in bottles, cans, and 12-pack cartons. A stand
Sloan [31]

Answer:

Fresh cola is using packaging as a part of its product differentiation strategy

Explanation:

A product differentiation strategy may require adding new functional features or might be as simple as redesigning packaging. Therefore Fresh cola is using packaging as a part of its product differentiation strategy since it changed its previous features to a new one

4 0
3 years ago
Other questions:
  • Scientists are expected to submit their results to professional journals, which then send the findings to experts for evaluation
    9·1 answer
  • The management fee for most mutual funds ranges between ______ percent.
    9·1 answer
  • Restructuring organizations to retain the most essential employees is known​ as:
    5·1 answer
  • What's the input conversion and output of opening a new mall
    8·1 answer
  • Parenthetical citations are _____.
    6·1 answer
  • Predeparture language and cultural training can:a. significantly increase the cost of an international assignment. b. increase t
    12·1 answer
  • Interview questions typically focus on all of the following except 
    12·1 answer
  • A CEO who communicates about the opportunities and challenges facing the company to employees at all levels and in all departmen
    7·1 answer
  • Find a current news article (within one week) related to business or technology. Your article can be from a newspaper, the
    13·1 answer
  • The average national utility price is $270. 48. Over a 6-month period, what is the average utility price in Dallas? How does thi
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!