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nikklg [1K]
3 years ago
7

Crane Corp. had total variable costs of $281,400, total fixed costs of $130,350, and total revenues of $420,000. Compute the req

uired sales in dollars to break even.
Business
1 answer:
alexgriva [62]3 years ago
8 0

Answer:required sales to break even=$395,000

Explanation:

Break Even Sales = Fixed Expenses / Contribution Margin

  But

Fixed  Costs /Expenses  is given as  $130,350

And

Contribution Margin Ratio  is solved as  (Total Revenue - Variable Cost) / Total Revenue x 100  

= ($420,000-$281,400)/ $420,000 x 100

=0.33 x 100

= 33%

Break Even Sales = $130,350/33%

= $395,000

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At December 31, Gill Co. reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (credit) b
meriva

Answer:

$6,540

Explanation:

Given:

accounts receivable of $238,000

allowance for uncollectable accounts of $600 (credit)

Also, the allowance for uncollectible accounts should be 3% of accounts receivable.

Therefore the amount of the adjustment for uncollectible accounts would be

= 3% of $238,000 - $600= $(7140-600)= $6,540

4 0
3 years ago
Which of the following statements is not a difference between business markets and consumer​ markets?A. Buyers face more compl
marusya05 [52]

Answer:

E : the market is very small and limited

Explanation:

The statement that the market is very small and limited  is not a difference between business markets and consumer markets as the real difference is :

Business market larger in size :

If we talk from a Marketing Perspective point of view it Innovates through technological push and fanatics-breakthroughs which result in a rapid increase in the number of customers in the market and as the size of the market becomes larger.

3 0
4 years ago
Fob destination means that goods are owned by the buyer as soon as ______.
RSB [31]

FOB Destination describe goods whose risk will be catered by Seller until being delivered to the buyer.

FOB Destination is an acronym for "Freight on Board" Destination

  • The FOB Destination is a <em>marine term</em> used to describes that legal title of goods belongs to the Seller until they are delivered to buyer.

  • In other word, its means that seller of a product owns the risk of loss on a goods until its is delivered to the buyer.

In conclusion, the term states that the goods are owned by the buyer as soon as it is not delivered to the buyer.

Read more on FOB Destination here

<em>brainly.com/question/15102930</em>

3 0
2 years ago
do you beleive sending targeted advertising information to a computer using cookies is objectionable? why or why not?
Rufina [12.5K]

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We commonly see files and pop-ups in our browsers when browsing the internet; these are cookies, and we typically encounter them at sites that we frequently visit. I feel that this is not at all offensive, but rather an efficient method of advertising and marketing things by segmenting the appropriate audience or prospective business.

Targeted advertising, or those customized ones that follow you across the internet containing products that you might really desire, have a lot of negative connotations: they're creepy, misleading, and possibly humiliating, among other things.

A cookie is a piece of software that allows websites to access data saved on the hard disk of a user. This enables them to recognize a visitor when he returns to their site, but only if the user has already identified himself with personal data that permits him to be recognized. For each new user, each new cookie generates a unique identifying code. These cookies can only be acquired for usage when the user directly visits the website server or via a third-party tag.

For more information on Cookies, visit :

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4 0
1 year ago
Data concerning Dorazio Corporation's single product appear below:
Reika [66]

Answer:

30600 less 25 000 = 5600

increase in net income

Explanation

                                               1400 units                                               1000 units

sales                                       224 000                                                  160 000  

(1400*160) (1000*160)                                                                          

variable costs                   (106 400)                                                    (48 000)

(1400*76) (1000*48)                                                      

contribution margin            117 600                                                     112 000                          

fixed costs                             (87 000)                                                  (87 000)                                              

net operating income            30 600                                                   25000                              

6 0
3 years ago
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