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Igoryamba
3 years ago
7

Coronado Industries is planning to sell 750000 units for $1.50 per unit. The contribution margin ratio is 20%. If Coronado will

break even at this level of sales, what are the fixed costs
Business
1 answer:
yKpoI14uk [10]3 years ago
4 0

Answer:

$225,000

Explanation:

the break even formula = total fixed costs / contribution margin

  • break even in units = 750,000 units
  • contribution margin = 20% x $1.50 = $0.30

750,000 units = total fixed costs / $0.30

750,000 units x $0.30 = total fixed costs

total fixed costs = $225,000

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Answer:

a. $848,000

b. No

Explanation:

a. The calculation of consolidated equipment balance as of December 31, 2018 is shown below:-

Consolidated equipment balance = Equipment balance of Haynes + Equipment balance of Turner + Allocation based on fair value - Depreciation

= $500,000 + $300,000 + $5,000 - (($5,000 ÷ 5 × 2)

= $500,000 + $300,000 + $5,000 - $2,000

= $848,000

2. No it will not affect by the investment method applied by the parent.

6 0
3 years ago
Keeping your ___ and ___in mind will dictate what you say and how you say it.
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Answer:

Audience and purpose.

Hopefully this helps! :)

8 0
2 years ago
Which of the following identifies what has driven American agriculture for the past 50 years?
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Answer:

trade barriers

tariff is on imported goods

5 0
3 years ago
Eileen transfers property worth $200,000, basis of $60,000, to Goldfinch Corporation. In return, she receives 82% of the stock i
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Answer:

C. $20,000

Explanation:

Given the data below,

Property transfered = $200,000

Basis = $60,000

Return = 82℅

Fair market value = $180,000

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3 0
3 years ago
The most powerful and widely used conceptual tool for diagnosing the principal competitive pressures in a market is
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Answer:

The correct answer is letter "A": the five forces framework.

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Porter's Five Forces is an analysis scheme created by Harvard Business School professor Michael E. Porter (<em>born in 1947</em>). It allows business managers to gauge the level of competition within their company's industry, and thus assess current and potential lines of business. The ultimate goal of this analysis is to help managers set their profitability expectations because profitability decreases as competition increases.

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2 years ago
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