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iren2701 [21]
3 years ago
8

Tracey Sales Co. has predicted the following costs for this year for 500,000 units: Manufacturing Selling and Administrative Var

iable $ 800,000 $250,000 Fixed 1,200,000 300,000 Total $2,000,000 $550,000 What is the markup on variable manufacturing costs needed to break even
Business
1 answer:
Greeley [361]3 years ago
3 0

Answer: 218.75%

Explanation:

In order to breakeven, the variable manufacturing cost would have to be the same as the fixed costs in addition to the administrative costs.

= Fixed costs + Administrative cost

= 1,200,000 + 550,000

= $1,750,000

Variable cost needs to be $1,750,000

It is currently at $800,000 so it needs to increase by:

= 1,750,000 / 800,000 * 100%

= 218.75%

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5 0
4 years ago
LO 2.2Variable costs are expenses that ________.
sleet_krkn [62]

Answer: A: remain constant on a per-unit basis but change in total based on activity level

Explanation: A Variable cost is a cost an organisation incurs that is affected by fluctuations in production and so changes between given periods.

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8 0
3 years ago
Two years ago, you purchased a $1,000 par value corporate bond with a coupon interest rate of 7.25 percent. Today, comparable bo
kirza4 [7]

Answer:

$1,035.71

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since the market rate is lower than the coupon rate, you can sell your bond at a premium

7 0
3 years ago
Healthy foods just paid its annual dividend of $1.62 a share. the firm recently announced that all future dividends will be incr
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Answer:

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I hope you find this information is useful and interesting! Good luck!

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