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Wewaii [24]
3 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]3 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

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Artyom0805 [142]

Units to be produced in February is calculated as -

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February sales = 4,600 units

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Beginning inventory - 25 % * Sales of February = 25 % * 4,600 unit = 1,150 units

Units to be produced in February = 4,600 units + 1,325 units - 1,150 units

Units to be produced in February = 4,775 units

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Generally, the financial aid awards depend on the accurate details given in the SAR report.

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Either you correct or update your Free Application for Federal Student Aid, often referred to as FAFSA form.

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5 0
3 years ago
If the interest rate on a savings account is 0.018%, approximately how much money do you need to keep in this account for 1 year
d1i1m1o1n [39]
The answer to this question would be: <span>A. $55,555
</span>In this question, the interest rate is 0.018% and you need to have $9.99 interest. That mean, you need to divide the target interest value with the current interest rate. The equation should be:

interest = bank account * interest rate
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The process cost system should be used when manufacturing is efficient and continuous. This system's equivalent units method successfully represents the challenging problem of determining how much work the Work in Process entails.

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4 0
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strojnjashka [21]

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Hope this helped!


3 0
3 years ago
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