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astraxan [27]
3 years ago
11

The total market demand for toys in Springfield is 100,000 units. A company manufacturing toys has a variable cost is $10 per to

y. Selling price is $18 per toy and Company Fixed cost is $160,000. Calculate the break Even Volume it should obtain to reach a target profit of $200,000. 25% 35% 40% 45% None of the above
Business
1 answer:
jarptica [38.1K]3 years ago
5 0

Answer:

    = 45%

Explanation:

<em>Break-even point is the level of activity that achieves no profit or loss. At this level, profit is zero because  the total revenue  is equal to total cost.</em>

The break-even point is calculated as

Units to achieve target profit = (Total general fixed cost for the period + target profit)/ contribution per unit

<em>Contribution per unit = Selling Price - Variable cost</em>

<em>So the units requited to achieve target for Springfield is:</em>

Units to achieve target profit

= (160,000 + 200,000)/(18-10)

  =  45,000 units

In % = (45,000/100,000 ) × 100

      = 45%

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Need help with this problem asap!!
dybincka [34]
You can go to history.com


6 0
2 years ago
Your management has decided that all orders will be treated as "projects" and that project managers will be used to update order
a_sh-v [17]

Answer:

B. This is program management since there are multiple projects involved.

Explanation:

A program manager manages multiple projects, and sometimes multiple programs while a project manager manages the teams responsible for fulfilling the project and achieving its deliverables

3 0
3 years ago
Concord Company on July 15 sells merchandise on account to Pharoah Co. for $3800, terms 3/10, n/30. On July 20 Pharoah Co. retur
babunello [35]

Answer:

The amount of cash received from this sale on July 24 is $1940.

Explanation:

The sell of merchandise on July 15 will result in an increase in sales revenue of $3800 and accounts receivables of $3800. The entry would be,

July 15 Accounts receivable     $3800 Dr

                 Sales revenue              $3800 Cr

The sales return of $1800 will reduce the amount of accounts receivables. The amount of accounts receivables outstanding and eligible to receive payment from will be (3800 - 1800) = $2000

The accounts receivables are offered a 3% discount if they pay within the 10 days of sale. On July 24, the payment is received within discount period and the discount allowed will be,

Discount allowed = 2000 * 0.03 = $60

The cash received will be $2000 - $60 = $1940

6 0
2 years ago
Medlock Company sold inventory on credit for $3,000, terms 2/10, n/30. The cost of the merchandise to Medlock was $2,400. How mu
Finger [1]

Answer:

Medlock will receive $2,940

Explanation:

Credit terms of 2/10, n/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.

According to given data

Sales = $3,000

As the payment is made within discount period, so discount will be availed

Discount  = $3,000 x 2% = $60

Now deduct the discount from due balance to calculate the amount received.

Amount Received = $3,000 - $60 = $2,940

4 0
3 years ago
Candice bought a shipment of jeans to sell at her store for $20 each. She'd
rusak2 [61]

Answer:

D. $28

Explanation:

Given the following data;

Cost price = $20

Markup = 40%

To find the selling price;

Markup price = 40/100 * 20

Markup price = 800/100

Markup price = $8

Next, we would add the markup to the cost price;

Selling price = markup price + cost price

Selling price = 8 + 20

Selling price = $28

Therefore, the price of each pair of jeans is $28.

6 0
3 years ago
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