1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Wewaii [24]
2 years ago
11

A company has fixed costs of $94,050. Its contribution margin ratio is 33% and the product sells for $69 per unit. What is the c

ompany's break-even point in dollar sales
Business
1 answer:
Natali5045456 [20]2 years ago
8 0

,Answer:  $285,000

Explanation:

The Contribution margin of a product refers to its selling price less that of the variable costs incurred to make and sell the good.

It can be used to calculate the breakeven point in sales along with the fixed costs.

To calculate a company's break-even point in dollar sales, the formula is:

= Fixed costs / Contribution margin ratio

= 94,050 / 33%

= $285,000

You might be interested in
Range Economies of Scale Constant Returns to Scale Diseconomies of Scale More than 400 bikes per month Fewer than 300 bikes per
RideAnS [48]
  • Diseconomies of scale result from monthly bike sales of more than 400.
  • Economies of scale = fewer than 300 bikes each month
  • Monthly bike sales of between 300 and 400 bikes = Constant Returns to Scale.
<h3>What is Diseconomies of scale?</h3>
  • Diseconomies of scale are the cost disadvantages that economic actors experience as a result of growing their organizational size or their output.
  • Which leads to higher per-unit costs for the production of products and services.
  • Economies of scale are opposed by the idea of diseconomies of scale.
<h3>What is Economies of scale ?</h3>
  • The cost advantages that businesses experience as a result of their size of operation are known as economies of scale.
  • And they are often quantified by the amount of output generated in a given amount of time.
  • Scale can be increased when the cost per unit of output decreases.
<h3>What is Constant Returns to Scale?</h3>
  • When a company's inputs, such as capital and labor, expand at the same rate as its outputs, or the value of their goods, this is known as a constant return to scale in economics.
  • Returns to scale are measurements over a long time.

Learn more about Constant Returns to Scale here:

brainly.com/question/17326273

#SPJ4

7 0
1 year ago
Opal deducted $2,560 of state income taxes on her tax return last year. this year she received a state income tax refund of $330
bazaltina [42]
 negative 45 to become what she wants to 
bra have a good day ill respond later


3 0
2 years ago
Ezra runs a gyro stall at the local farmers' market. He would like to expand and open his own shop downtown. He has made the cha
Kaylis [27]

Answer: Economic choices result in trade-offs.

Explanation:

The chart simply purports to show that when making economic decisions, you will have to accept trade-offs because resources are not infinite.

For instance, in order to expand, you will need to take on more financial risk. In that same vein, in order to serve more people, you will have to divide time between two stalls and might end up closing a stall.

Trade-offs simply have to be made.

7 0
3 years ago
1. What area of law protects the sale of a home?
Naily [24]

1 contract law

2 Something of value must be exchanged between the parties.

3 civil law

Why is the law important?

Laws are created for protect our general safety, and ensure our rights as citizens against abuses by other people, by organization's, and by the government itself. We have laws for help provide to our general safety.

How many kinds of Laws?

Natural or Moral Laws: Natural laws are the belief that certain laws of morality are inherent by human nature, reason, or religious belief.

  • Scientific Laws
  • Imperative Laws
  • Common Laws
  • Criminal Laws

Learn more about Law here brainly.com/question/6590381

#SPJ10

4 0
1 year ago
Identify cash equivalents from the listed items. (You may select more than one answer. Single click the box with the question ma
FromTheMoon [43]

Answer:

These two are cash equivalents:

Money market funds

Three-month Treasury bills

Because they represent short-term investments that a company makes with the goal of getting rid of any excess cash that would otherwise be left unused while it is losing value because of inflation.

In other words, the main goal of investments in money market funds and three-month treasury bills, is to prevent cash from losing value due to inflation, and because of that, those investments are considered cash equivalents.

3 0
2 years ago
Read 2 more answers
Other questions:
  • At the end of its first year of operations on December 31, 2020, Carla Vista Company's accounts show the following.
    11·1 answer
  • In 1999, the Coca-Cola Company developed a vending machine that would raise the price of Coke in hot weather. Present a supply a
    13·1 answer
  • A stock is expected to pay a dividend of $1 per share in 2 months and in 5 months. the stock price is $50, and the risk-free rat
    7·1 answer
  • Problem 2 A bakery buys flour in 25-pound bags. The bakery uses 1,215 bags a year. Ordering cost is $10 per order, Annual carryi
    11·1 answer
  • What is pure competition?a. A theoretical market structure with very large numbers and identical products.b. A theoretical marke
    8·2 answers
  • How did the minimum wage change in october 1996? what other change occurred in september 1997?
    9·1 answer
  • Scrappers Supplies tracks the number of units purchased and sold throughout each accounting period but applies its inventory cos
    12·1 answer
  • If the government provides free schooling for all students, an economist would say education is a. a free good, having no cost.
    8·1 answer
  • The following information is taken from the 2022 general ledger of Sunland Company.
    12·1 answer
  • The best life insurance policy for the payment of federal estate taxes for a 55-year-old couple with illiquid assets is:________
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!