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
Marrrta [24]
3 years ago
11

UP Forklifts sells two​ products, large forklifts and small forklifts. A large forklift sells for $ 80 comma 000 per unit with v

ariable costs of $ 26 comma 000 per unit. Small forklifts sell for $ 60 comma 000 per unit with variable costs of $ 12 comma 000 per unit. Total fixed costs for the company are $ 4 comma 455 comma 000. UP Forklifts typically sells one large forklift for every three smalls. What is the breakeven point in total​ units?
Business
1 answer:
svlad2 [7]3 years ago
5 0

Answer:

Break-even point (units)= 90 units

Explanation:

Giving the following information:

Large forklift:

Selling price= $80,000 per unit

Unitary variable cost= $26,000 per unit.

Small forklifts:

Selling price= $60,000 per unit

Unitary variable cost= $12,000 per unit.

Total fixed costs for the company are $4,455,000.

Sales proportion:

Large forklift= 0.25

Small forklift= 0.75

To calculate the break-even point in units, we need to use the following formula:

Break-even point (units)= Total fixed costs / Weighted average contribution margin

Weighted average contribution margin= (weighted average selling price - weighted average unitary variable cost)

Weighted average contribution margin= (0.25*80,000 + 0.75*60,000) - (0.25*26,000 + 0.75*12,000)

Weighted average contribution margin= 65,000 - 15,500= 49,500

Break-even point (units)= 4,455,000/ 49,500

Break-even point (units)= 90 units

You might be interested in
Purchasing cruelty free products can have a positive impact on
MakcuM [25]
The beauty industry and it’s healthier. Also it protects a lot of animals from getting the product tested on them
8 0
2 years ago
Can someone help me please
horsena [70]

true because the corporation has more money to spend


4 0
3 years ago
Divine Apparel has 3,100 shares of common stock outstanding. On October 1, the company declares a $0.75 per share dividend to st
Naya [18.7K]

Answer:

1.

                                                                              Debit                         Credit

Retained Earnings ($0.75*3,100)                         $2,325

Dividend payable                                                                                    $2,325

2. "No Journal Entry Required"

3.

                                                                              Debit                         Credit

Dividend payable                                                 $2,325

Cash                                                                                                        $2,325

Explanation:

The following journal entries will be required to be made

1. Recording declaration of dividend

The Divine Apparel shall record the the following journal entry on October 1 in respect of dividend declared by it.

                                                                              Debit                         Credit

Retained Earnings ($0.75*3,100)                         $2,325

Dividend payable                                                                                    $2,325

2.Record the entry on date of record

"No Journal Entry Required"

3.Record the payment of cash dividends

The Divine Apparel shall record the the following journal entry on October 31 in respect of dividend paid by it.

                                                                              Debit                         Credit

Dividend payable                                                 $2,325

Cash                                                                                                        $2,325

7 0
3 years ago
On January 1, 2020, Solugenix issued $400,000 of 7.125 percent Senior Notes due January 1, 2030, at par value. Interest on the n
SVEN [57.7K]

Answer:

$20,000 loss

Explanation:

Repurchase of bond = Repurchase price - Carrying value

Repurchase of bond = ($400,000*105%) - $400,000

Repurchase of bond = $420,000 - $400,000

Repurchase of bond = $20,000 loss

Thus, the loss on the repurchase of the bond is $20,000

6 0
3 years ago
The office space is used equally by Dye's sales and accounting departments. What amount of the above-listed items should be clas
babunello [35]

Answer:

$940,000

Explanation:

The computation of the general and administrative expense is shown below:

= Legal and audit fees + rent for office space × basis

= $580,000 + $720,000 × 50%

= $580,000 + $360,000

= $940,000

In order to find out the general and administrative expense we simply added the legal & audit fees and the rent for office space so that the correct amount could arrive

4 0
3 years ago
Other questions:
  • Cheizza, a pizza vendor in the country of Wisbane, believes that the taste of fresh cheese in its pizzas is its unique selling p
    8·1 answer
  • To compute your tax liability, turn to the tax tables and look up the amount called
    12·1 answer
  • Bessie is at the grocery store and is trying to remember some of the things she needs to buy. She is in the cleaning products ai
    6·1 answer
  • On October 1st Joe charged $900 to his credit card, on October 10th he charged another $1,300 to his credit card, and on October
    5·1 answer
  • A company has an ending accounts receivable balance of $900,000 and estimates that uncollectible accounts will be 2% of its acco
    5·1 answer
  • The closing stage in the selling process involves obtaining a purchase commitment from the prospect. This stage is the most impo
    10·1 answer
  • A special order offering to buy 112,000 units has been received from a foreign distributor. The only selling costs that would be
    14·1 answer
  • Some of the duties of _____ are obtaining goods and services that meet or exceed operations requirements in a timely and cost-ef
    15·1 answer
  • Can someone buy me an iphone... i rlly need it (IT DOESNT MATTER WHICH KIND OF IPHONE !!!!!!!)
    9·2 answers
  • Which scheme involves telling victims that certain financial instruments have been issued by legitimate organizations, and that
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!