Answer:
Break-even point (dollars)= $15,500,000
Explanation:
Giving the following information:
The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Marigold incurs $5735000 in fixed costs.
The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%
<u>To calculate the break-even point in dollars, we need to use the following formula:</u>
Break-even point (dollars)= Total fixed costs / Weighted average contribution margin ratio
Break-even point (dollars)= 5,735,000 / (0.3*0.65 + 0.5*0.35)
Break-even point (dollars)= $15,500,000
Answer:
a. $164,000
Explanation:
The computation of the Altoon Manufacturing's sales for the year until the flood is given below:
= Cash collections + ending receivables - opening receivables
= $158,000 + $25,000 - $19,000
= $164,000
hence, the Altoon Manufacturing's sales for the year until the flood is $164,000
Therefore the first option is correct
<h3>Answer choices are:</h3>
- poll workers requiring voters to show a pay stub proving employment
- poll workers asking voters to prove home ownership
- poll workers having voters read aloud before voting to prove they could read
- poll workers creating separate lines for voters based on race
<h3>Correct answer choice is:</h3><h2>3. Poll workers having voters read aloud before voting to prove they could read.</h2>
Explanation:
The 15th Amendment to the Constitution gave African American people the freedom to vote by saying that the "right of residents of the United States to vote shall not be dismissed or digested by the United States or by any state on record of race, appearance, or past state of slavery. During the voting process vote operators having voters read loudly before casting the vote to confirm they could read.
Prices are increasing.
'Prices' are generally a measure of a bundle of goods and services that consumers purchase on a regular basis.
Answer:
1. profit is maximized when Q = 6 bushels, from table
2. When MC increases by 0.5 at each level of quantity produced, setting P = MC for profit maximization
at output level = 6, P = 4, MC = 3.5
Q = 6 bushels
3. Profit = 24-15-0.5*6 = 6.00
