Answer: 6250
Explanation:
From the question, we are informed that Santiago company incurs annual fixed costs of $66,000. variable costs for santiago's product are $34 per unit, and the sales price is $50 per unit. santiago desires to earn an annual profit of $34,000.
The contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit for thus:
Contribution margin ratio = (Sales price - Variable cost)/Sales price
= (50-34)/50
= 16/50
= 0.32
Sales = (66,000 + 34,000)/0.32
= 100,000/0.32
= 312,500
Sales volume in units will be sales divided by price. This will be:
= 312,500/50
= 6250
Answer:a) Will give you less opportunities than a career starting right away
wrong
Explanation:
Option D. The size of the market
This is because they have an idea that with a larger market size the can gain economies of scale and make a larger profit.
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This is a "False Statement" <em>The cost of notions is generally not insignificant part of a garment’s cost</em>