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Bezzdna [24]
3 years ago
14

Break Even Analysis 1. A USB thumb drive production line will have $240,000 fixed costs variable costs per unit of $1.97. Each u

nit sells for $4.97. How many units must be sold to break even? 80,000 If demand is forecast at 120,000 units, should you operate the production line? Explain your decision.
Business
1 answer:
melomori [17]3 years ago
3 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Fixed costs= $240,000

Unitary variable cost= $1.97

Selling price per unit= $4.97.

First, we need to calculate the break-even point in units:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 240,000 / (4.97 - 1.97)

Break-even point in units= 80,000 units

<u>The break-even point analysis provides information regarding the number of units to be sold to cover for the fixed and variable costs.</u>

If the forecasted sales are 120,000, this means that the company will cover costs and make a profit. The margin of safety is 40,000 units.

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Competitive advantage refers to:
True [87]

Answer:

d. refers to how a firm does something unique to create added value.

Explanation:

The competitive advantage is the advantage that is gained by the company over its competitors. It can be gained through various things like - reasonable product, best quality, and quantity, great services through which the customers of competitors could be the shift to the company.

The motive of this is to create some value added to the company products by considering the innovative ideas to attract the customers and maximize customer satisfaction that results to accomplish the company goals and objectives.

7 0
3 years ago
The mean monthly bill for a sample of households in a city is $70, with a standard deviation of $8.
Alenkinab [10]

Answer:

a) 39

b) 58

Explanation:

Data provided in the question:

Mean = $70

Standard deviation, s = $8

Number of households, n = 40

Now,

a) number of households whose monthly utility bills are between $54 and $86

z score for $54 = [ 54 - 70 ] ÷ 8                  [ z score = [ X - mean ] ÷ s]

or

z score for $54 = -2

z score for $86 = [ 86 - 70 ] ÷ 8                  [ z score = [ X - mean ] ÷ s]

or

z score for $54 = 2

Therefore,

P(between $54 and $86) = P(z = 2) - P(z = -2)

= 0.9772498 - 0.0227501

= 0.9544997

Therefore,

number of households whose monthly utility bills are between $54 and $86

= P(between $54 and $86)  × n

= 0.9544997 × 40

= 38.18 ≈ 39

b) In a sample of 20 additional house i.e n' = 40 + 20 = 60

thus,

number of households whose monthly utility bills are between $54 and $86

= P(between $54 and $86)  × n'

= 0.9544997 × 60

= 57.27 ≈ 58

8 0
4 years ago
Arrange the entries in Microsoft Excel. When entering your information, ensure that you are formatting the cells so that the inf
LenaWriter [7]

Week 6:

Upload your Completed Excel Worksheet and Access Database with Imported Data and Tables

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and workplace information. Now that the information has been entered and formatted in Excel, import the data into Microsoft Access as ADP has requested. Arrange the data into two tables: Personal Information and Workplace Information. Important Note: The employees names (first and last) need to appear in both tables.

Week 7:

Upload your Completed Access Database & One-page Narrative

By the end of this week you will submit your completed Access database with tables, queries, forms, and report. You will also need to submit a one-page narrative that answers the three questions provided below.

Your next steps for Week 7 are to

: • Join the two (2) tables based on the Last Name field with referential integrity enforced.•

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8 0
3 years ago
Pro forma financial statements are the most comprehensive means of financial forecasting. projections of financial statements fo
nadezda [96]

Answer:

The correct answer is All of the options are true.

Explanation:

Proforma financial statements are projected statements. Generally, the data is forecast one year in advance, for example, in a transformation company the proforma status obtained based on the master budget is very complete, all projections are seen starting with the sales forecast and from this They make the other projections.

The Proforma Financial Statements are states that contain, in whole or in part, one or more assumptions or hypotheses in order to show what the financial situation or the results of the operations would be if they occurred.

5 0
4 years ago
Tammy is talented at craft but lacks the cash flow management skills required to run a business. She opens a store, Tammy's Craf
Zolol [24]

Answer:

who the hell keeps helping novice businesses people open up? - a business major - yeah the last two were too.

Explanation:

Summary? Left over cash?

5 0
4 years ago
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