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irakobra [83]
2 years ago
5

Barney Company makes and sells stuffed animals. One product, Michael Bears, sells for $28 per bear. Michael Bears have fixed cos

ts of $100,000 per month and a variable cost of $12 per bear. How many Michael Bears must be produced and sold each month to break even
Business
1 answer:
Karo-lina-s [1.5K]2 years ago
6 0

Answer:

6,250 units

Explanation:

The computation of the number of units that should be sold and produced in order to break even is shown below:

as we know that

Break even point = Fixed cost ÷Contribution margin per unit

Here

Contribution margin per unit = Selling price - Variable costs

= $28 - $12

= $16

So, the breakeven is

= $100,000 ÷ $16

= 6,250 units

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joan made deductible contributions to traditional retirement accounts for several years. in 2018 she decided to withdraw $10,000
lukranit [14]

Answer:

Joan will pay income tax on the $10,000 she withdrew in 2018.

Explanation:

When withdrawing from traditional retirement account, the following rules apply:

1. Withdrawals before attaining the age of 59.5 years attract a penalty of 10%, along with income tax on the amount withdrawn.

2. Withdrawals after the age of 59.5 years are treated as income, so income tax is paid on it. In this case tax on the $10,000 withdrawn.

3. At age 70.5 and above you must take the Required Minimum Distribution (RMD) from the pension account.

Note: Roth IRA does not attract tax payments for ages 59.5 years and above, unlike traditional IRA that attracts income tax.

RMD payments does not apply for Roth IRA.

4 0
3 years ago
What is the biggest enemy of saving investing? Why?
Scilla [17]
Volatility in the markets invested in because it leads to large fluctuations in capital which can lead to gains but also big losses
6 0
3 years ago
The Sales Operations team notices an increase in Opportunities without Products. Which configuration change should the System Ad
natita [175]

The configuration change will enable the System Administrator to help the Sales Reps remember is to enable the opportunity setting to prompt users to add products to opportunities.

<h3>What is a configuration change?</h3>

In a system, a configuration change is said to occur when one modify a component information that is subject to change control.

In conclusuin, the configuration change will enable the System Administrator to help the Sales Reps remember is to enable the opportunity setting to prompt users to add products to opportunities.

Read more about System Administrator

<em>brainly.com/question/14364696</em>

7 0
2 years ago
B) A manufacturing unit A makes 15 colour television
Fed [463]

<em> 7*|15 80 | =|105 560|</em>

<em> 7*|15 80 | =|105 560||40 100| |280 700|</em>

<em> 7*|15 80 | =|105 560||40 100| |280 700|HERE'S YOUR ANSWER </em>

<em> 7*|15 80 | =|105 560||40 100| |280 700|HERE'S YOUR ANSWER ◌⑅⃝●♡⋆♡MICKZMINNZ♡⋆♡●⑅◌</em>

8 0
3 years ago
Robert treats coffee and creamer as perfect complements and has very specific requirements for the ratio of creamer to coffee. H
diamong [38]

Answer:

a. Robert's optimal consumption bundle contains <u>9.18</u> cups of coffee and <u>45.88</u> packets of creamer.

b. Zero packets of creamer is the substitution effect.

Explanation:

a. Suppose that Robert has $39.00 to spend on coffee and creamer. His optimal consumption bundle contains _______cups of coffee and _________

The consumption ratio can be stated as follows:

5 Creamer = 1 cup of coffee

Budget line has an equation can also be given as follows:

B = (Pm * Qm) + (Pf * Qf) ...................... (1)

Where;

B = Budget = The amount Robert has to spend on coffee and creamer = $39.00

Pm = Price of creamer = $0.25

Qm = Quantity of creamer = ?

Pf = Price of coffee = $3.00

Qf = Quantity of coffee = ?

39 = (0.25 * Qm) + (3 * Qf)

39 = 0.25Qm + 3Qf

Since "5 Creamer = 1 cup of coffee". This also implies thal 1 creamer = 1 / 5 cup of coffee. Therefore, we have;

39 = 0.25Qm + (3 * 1/5 * Qm)

39 = 0.25Qm + (3/5)Qm

39 = 0.25Qm + 0.60Qm

39 = 0.85Qm

Qm = 39 / 0.85

Qm = 45.88

Qf = 45 / 5 = 9.18

Therefore, Robert's optimal consumption bundle contains <u>9.18</u> cups of coffee and <u>45.88</u> packets of creamer.

b. Now, suppose that the price of creamer rises to $0.50 per packet. What is the substitution effect of this price change?

Since Robert treats coffee and creamer as perfect complements, this implies that there there is nothing like substitution effect under this condition.

Therefore, zero packets of creamer is the substitution effect.

6 0
3 years ago
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