Answer:
$240,030
Explanation:
break-even point formula in units = total fixed costs / contribution margin
- total fixed costs = $120,000
- contribution margin = $70 - $35 = $35
break even point in units = $120,000 / $35 = 3,428.5 ≈ 3,429 units (we must round up)
to calculate break even point in sales dollars we multiply the break even point units by the selling price per unit = 3,429 units x $70 = $240,030
<span>I'm pretty sure there should be some options to choose. Anyway I know correct answer. Here it is: The manager of a fast food franchise will establish o</span><span>perational plans</span> in regard to how many hamburgers to cook each hour. Operational plan provides an actual picture of the company's current situation, and it's needed to achieve some strategic goals.
The sign of each coefficient indicates the direction of the relationship between a predictor variable and the response variable. A positive sign indicates that as the predictor variable increases, the response variable also increases.
What do the estimates of the regression coefficients tell us?
You may determine if each independent variable and the dependent variable have a positive or negative association by looking at the sign of a regression coefficient. A positive coefficient means that the mean of the dependent variable tends to rise when the value of the independent variable rises.
What is predictor and response variable in regression?
The risk factors and confounders are referred to as the predictors, or explanatory or independent variables, whereas the outcome variable is also known as the response or dependent variable. The independent variables are designated by "X" while the dependent variable is denoted by "Y" in regression analysis.
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The seasonal sales indexes for the Black Lab ski resort are 1.20 for January and .80 for December. If December sales in 1998 were $5,000, a reasonable estimate of sales in January 1999 is $7,500.
(1.20 * 5000) % .80 = 7,500.
Sales are actions related to selling or the number of products sold in a specific time period. A sale is also defined as the provision of a service for a fee. The seller, or the provider of the products or services, completes a sale in response to an acquisition, appropriation, requisition, or direct interaction with the customer at the point of sale. The item's title (property or ownership) is transferred, and a price is agreed upon. The seller, not the purchaser, normally executes the sale, and it may be done prior to the obligation of payment.
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