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Alja [10]
3 years ago
10

Beard Company sells a product for $15 per unit. The variable cost is $10 per unit, and fixed costs are $1,750,000. Determine (a)

the break-even point in sales units and (b) the sales units required for the company to achieve a target profit of $400,000.
Business
1 answer:
den301095 [7]3 years ago
7 0

Answer:

a. Contribution margin = Selling price - Variable cost per unit

Contribution margin = $15 - $10

Contribution margin = $5 per unit

Break even point in units = Fixed cost / Contribution margin

Break even point in units = $1,750,000 / $5

Break even point in units = 350,000 units

b. Required sale = Fixed cost + Target profit / Contribution margin

Required sale = $1,750,000 + $400,000 / $5

Required sale = $2,150,000 / $5

Required sale = 430,000 units

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Aleksandr-060686 [28]

Complete/Correct Question:

_________ controls are designed to stop an undesirable event from occurring, whereas _________ controls are designed to identify an undesirable event that has already occurred.

a. Preventive; detective

b. Internal; external

c. Risk; discovery

d. Operating; review

Answer:

a, Preventive, detective

Explanation:

Preventive controls, just as the name implies, are control that stop an event from occurring. An example is taking vaccines. It is a preventive measure of ensuring that some certain illnesses and/or diseases do not happen at that time or in future.

Also, detective controls are controls that are put in place to identify unpleasant events that have occurred. An example is the engine oil indicator on the dashboard of a vehicle showing that the vehicle engine oil has become empty or greatly depleted.

Cheers.

6 0
4 years ago
DEFF ADR represents 20% of the value of a DEFF ordinary share. The ordinary shares trade on the London Stock Exchange, where the
Katarina [22]

Answer:

$16,800

Explanation:

Calculation to determine how much will the customer receive in each dividend payment

First step is to calculate the ADR

ADR=$560,000 / $56

ADR= 10,000 ADR shares.

Note that U.S. market ADR will be either be 1/5th or $56 per U.S. ADR

Second step is to calculate the Semiannual annual dividend rate per ordinary share

Semiannual annual dividend rate per ordinary share =[(12 BP/2)*1/5th ADR worth ]*$1.40 exchange rate

Semiannual annual dividend rate per ordinary share =(6BP* *1/5th ADR worth)*$1.40 exchange rate

Semiannual annual dividend rate per ordinary share =$1.2per ADR share*$1.40 exchange rate

Semiannual annual dividend rate per ordinary share =$1.68

Now let calculate how much will the customer receive in each dividend payment

Dividend payment = $1.68 per ADR share x 10,000 shares

Dividend payment = $16,800

Therefore how much will the customer receive in each dividend payment is $16,800

5 0
3 years ago
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3 years ago
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Answer:

the selling price of the property is $183,333

Explanation:

The computation of the selling price of the property is as follows:

= (Price ÷ commission percentage) ÷ ( commission percentage)

= ($3,575 ÷  30%) ÷  (6.5%)

= $183,333.

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We simply applied the above formula so that the correct value could come

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Answer: 1 plus 1 is two

Explanation:

8 0
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