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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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A person should consume more of something when its marginal.
sashaice [31]

Answer:

True

Explanation:

8 0
2 years ago
Concord Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sale
Nitella [24]

Answer:

the numbers are missing, so I looked for a similar question:

Purchases Sales Units Unit Cost Units Selling Price/Unit

3/1 Beginning inventory 100 $40

3/3 Purchase 60 $50

3/4 Sales 60 $80

3/10 Purchase 200 $55

3/16 Sales 70 $90

3/19 Sales 90 $90

3/25 Sales 60 $90

3/30 Purchase 40 $60

the requirements are:

calculate COGS and ending inventory under FIFO, LIFO and weighted average.

since this company uses the periodic inventory level we must first determine the total cost of goods available for sale:

3/1 Beginning inventory 100 $40

3/3 Purchase 60 $50

3/10 Purchase 200 $55

3/30 Purchase 40 $60

total goods available for sale = 400 units, at a total cost of $20,400

total units sold = 60 + 70 + 90 + 60 = 280 units

ending inventory  = 120 units

under FIFO:

ending inventory = (40 x $60) + (80 x $55) = $6,800

COGS = $20,400 - $6,800 = $13,600

under LIFO:

ending inventory = (100 x $40) + (20 x $50) = $5,000

COGS = $20,400 - $5,000 = $15,400

under weighted average:

ending inventory = ($20,400 / 400) x 120 = $6,120

COGS = $20,400 - $6,120 = $14,280

3 0
3 years ago
How might taxes have an impact on your financial plan?
liubo4ka [24]
They lower your income 
8 0
3 years ago
The internal rate of return : (mark all that applies) does not need a required rate to calculate. rule states that a typical inv
k0ka [10]

Answer:

does not need a required rate to calculate

is the rate at which npv is zero

Explanation:

Internal rate of return is an example of capital budgeting method

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested.

Projects with the IRR greater than the discount rate should be accepted. It means that it is profitable.

Projects with more than one negative cash flow are unsuitable for calculating with IRR. This is because it can lead to multiple IRR, Thus, it not suitable for analysing all investment scenarios.

The net present value is the most preferred capital budgeting method

Other capital budgeting methods includes

1. profitability index = 1 + (NPV / Initial investment)  

2. Accounting rate of return = Average net income / Average book value  

3. Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

4. Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

4 0
2 years ago
I now have $23,000 in the bank earning interest of .50% per month. I need $33,000 to make a down payment on a house. I can save
Elena-2011 [213]

Answer:

41.92 months

Explanation:

In this question, we use the NPER formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

Present value = $23,000

Future value = $33,000

Rate of interest = 0.50%

PMT = $100

The formula is shown below:

= NPER(Rate;-PMT;-PV;FV;type)

The present value and the PMT comes in negative

So, after solving this, the answer would be 41.92 months

8 0
3 years ago
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