Answer:
Option (a) is correct.
Explanation:
Contribution margin per marketing plan = Sales - Variable cost
= $3,000 - $2,000
= $1,000
A.
(1)
Break even in marketing plan = 400
(2) Break-even in dollars:
= Break-even in marketing plan × Average rate per plan
= 400 × 3,000
= 1,200,000
(3) Margin of safety = Actual sales - Break-even sales in dollars
= 1,500,000 - 1,200,000
= 300,000
= 20%
B.
(1) Contribution margin per marketing plan = Sales - Variable cost
= $4,000 - $2,000
= $2,000
Break even in marketing plan = 200
(2) Break-even in dollars:
= Break-even in marketing plan × Average rate per plan
= 200 × 4,000
= 800,000
(3) Margin of safety = Actual sales - Break-even sales in dollars
= 1,500,000 - 800,000
= 700,000
= 47%
Therefore, option (a) would achieve the margin of safety ratio more than 45%.
Answer:
b. 18,602 units.
Explanation:
First, we need to use last year's information to determine last year's fixed costs.
Price (P1) = $7.68
Variable costs (VC1) = $2.25
Units sold to break-even (n1) = 21,800
At the break-even point, net income is zero and the fixed cost can be found by:
With information from last, information for the current year can be determined:
Price (P2) = $10.00
Variable costs (VC2) = $2.25 x 1.3333 = $3.00
Fixed cost (FC2) = $118,374 x 1.10 = $130,211.4
The number of units required to break even is:
Rounding up to the nearest whole unit, Dorcan Corporation must sell 18,602 units to break-even.
Answer:
$3.70
Explanation:
In this question we have to assume the items values
Let say
Sales = $100
So supply chain it spends 50% i.e $50
Profit is 4% i.e $4
Since the 46% is dividend among fixed and production costs
So the fixed cost is $23 and variable cost is $23
Now if the sales increase by $X, the revenue will increase by X.
So it would also increased the cost by X × (0.5+0.23)
And in overall, the profit is also increased
Plus it is given that there is 27% profit margin
So, the equation is
0.27X = 1
Therefore X = $3.70 with additional profit of $1
Answer:
A) illustrate self-serving bias.
Explanation:
According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question Dre's beliefs are an illustration of a self-serving bias. This is people's tendency to attribute positive events to their own character but attribute negative events to external factors. Which is what Dre is exhibiting by attributing positive traits such as ethicality and competence to himself.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Consumers use money to buy goods and services. Producers use money to buy productive resources to make goods and services.