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bulgar [2K]
3 years ago
6

SmartCorp sells 500 units, resulting in $75,000 of sales revenue, $32,000 of variable costs, and $20,000 of fixed costs. The num

ber of units that must be sold to achieve $41,000 of operating income is: (Round intermediary calculations to two decimal places, and your final answer up to the nearest whole number.)
Business
1 answer:
Alika [10]3 years ago
3 0

Answer: 709

Explanation:

selling price per unit will be:

= $75000/500

= $150

Variable cost per unit:

= $32000/500

= $64

Contribution margin per unit = $150 - $64 = $86

Number of units to be sold will now be:

= ($20000 + $41000) / $86

= $61000/$86

= 709

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Fayez performs professional services similar to those of a management accountant, while working for the city of portland. fayez
crimeas [40]
<span>fayez can best be described as a </span>government accountant.
Government's accountant main duty is to make sure that the government's spending has been efficiently used.
This is similar to management accountant's main duty to make sure company's operation is according to the budgeting plan.
8 0
3 years ago
Jenny's bakery makes two types of birthday cakes: yellow cake, which sells for $25, and strawberry cake, which sells for $35. Bo
Dmitry_Shevchenko [17]

Answer: Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.

Explanation:

x- Number of Yellow cakes

y- Number of Strawberry cakes

Time constrain is given by

2x+3y\leq 450

x\geq 0

y\geq 0

Revenue is given by,

TR= 25x + 35y

At the vertices, revenue is

At (0,0)

TR = $0

At (0,150)

TR = 25(0) + 35(150) = $5,250

At (225,0)

TR = 25(225) + 35(0) = $5,625

Therefore, Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.

8 0
2 years ago
Government ownership in Sweden is limited primarily to railroads, mineral resources, a public bank, and liquor and tobacco opera
joja [24]

Answer:

The options are given below

a. socialism.

b. social capitalism.

c. democratic socialism.

d. capitalism.

The correct option is C. democratic socialism.

Explanation:

Democratic socialism refers to a political idea that supports political democracy within an economy that is socially owned. In this philosophy, emphasis in placed on workers' self-management and the democratic control of economic institutions within a market socialist economy or some form of a planned socialist economy in which power is decentralized.

Democratic socialists believe that both the economy and society should be run democratically, in order to meet the needs of the general public, and not to make profits for a selected few.

In Democratic Socialism, the aim is not to create an all-powerful government bureaucracy, the belief is that, social and economic decisions should be made by those whom they most affect.

4 0
3 years ago
If a manager designs the organizational hierarchy based on the characteristics of the organizational environment, he is acting i
Grace [21]

If a manager designs the organizational hierarchy based on the characteristics of the organizational environment, he is acting in accordance with <u>contingency </u>theory.

<h3>What is organizational hierarchy?</h3>

Organizational hierarchy can be defined as the hierarchy that display the rank or  position of an employees from the top level management to lower level management.

On the other hand Contingency theory is a theory that stated that  an organizational hierarchy can arranged based on the features of an organizational environment.

Therefore the manager is acting in accordance with <u>contingency </u>theory.

Learn more about Organizational hierarchy here:brainly.com/question/28169873

#SPJ1

5 0
1 year ago
Please help me!
AleksAgata [21]
It’s asking whatever the market would pay.
6 0
3 years ago
Read 2 more answers
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