Answer:
Break-even sales in dollar value = $10,667
Explanation:
Since the company's operating income is $0, the company makes no profit and no loss. Therefore, the company's total sales is equal to total expenses. It means the company is in break-even point. However, as the variable expense is not given, we have to use contribution margin ratio to calculate the break-even sales.
We know,
Break-even sales in dollar value = Fixed expenses ÷ Contribution margin ratio
Given,
Contribution margin ratio = 45%
Fixed expenses = $4,800
Putting the values into the above formula, we can get,
Break-even sales in dollar value = $4,800 ÷ 45%
Break-even sales in dollar value = $10,667
The answer to your question is "Oligopolies."
An oligopoly is a market form where a market is controlled by a few large sellers or businesses. The type of market is going to effect the price in one of two ways. The first possibility is that the few businesses will work together, or collude, in order to establish higher than normal prices. The second possibility is that there will be fierce competition between the few sellers, which will result in a high level of competition and lower prices.
Answer:
fixed overhead price variance - 14300 (F)
fixed overhead PRODUCTION VOLUME variance -12,300 (U)
Explanation:
Given data:
overhead applied =$362,200
actual overhead =$388,800
budgeted overhead = $374,500
fixed overhead price variance = actual overhead - budgeted overhead
fixed overhead price variance =388,800 - 374,500 = 14300 (F)
fixed overhead PRODUCTION VOLUME variance = overhead applied - budgeted overhead
fixed overhead PRODUCTION VOLUME variance =362,200-374,500 = -12,300 (U)
Answer:
sunk cost
Explanation:
Sunk cost -
It refers to the amount of money which is spend and can never be recovered back , is referred to as the sunk cost.
During the process of making any future decision , sunk money is never taken into consideration.
Hence, it differs from the future costs.
Therefore , from the scenario of the question,
The correct term is sunk cost.
Answer:
The correct answer is B
Explanation:
Holding inventory is the term which is defined as the costs which is linked with storing or keeping the inventory that remains unsold with the seller. These costs are one of the vital component of the aggregate inventory costs, along with the shortage costs and the ordering costs.
The reason for holding the inventory could be require protection from uncertainties, enable the firm in accomplishing the economies of scale, act as buffer among the channel of distribution and critical interfaces and enable the specialization in production.
