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dybincka [34]
3 years ago
12

Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $350 and has a unit cont

ribution margin of $130; the Adult model sells for $900 and has a unit contribution margin of $475; and the Recreational model sells for $1,050 and has a unit contribution margin of $525. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,550,000, calculate the firm's break-even point in composite units (rounded to the nearest whole unit).a. 1380 composite units. b. 8075 composite units. c. 811 composite units.d. 406 composite units. e. 16,150 composite units.
Business
1 answer:
grandymaker [24]3 years ago
3 0

Answer:

Break-even point in composite units = 811 units

Explanation:

Number of modal;

5 Youth models

9 Adult models

6 Recreational models

Annual fixed costs total = $6,550,000

Find:

Break-even point in composite units

Computation:

Mixed contribution margin = 5[130] + 9[475] + 6[525]

Mixed contribution margin = 650 + 4275 + 3150

Mixed contribution margin = $8075

Break-even point in composite units = Annual fixed costs total / Mixed contribution margin

Break-even point in composite units = 6,550,000 / 8075

Break-even point in composite units = 811 units

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Answer and Explanation:

The computation of annual dollar changes and percent changes for each of the following accounts is shown below:-

Particulars       2015         2014       Changes in dollar    Percent change

                           a             b               c = (a - b)                   d = c ÷ b

Short term    

investments $380,168   $239,377    $140,790                    58.82%

Accounts  

receivable  $102,276    $105,903      -$3,627                     -3.42%

Notes

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4 0
3 years ago
Micro Tech, Inc. made the following cash expenditures during current-year related to the development of a new technology which w
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Answer:

a.$348,000

Explanation:

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=$348,000

3 0
3 years ago
When bonds are sold at a discount, if the annual straight-line amortization amount is compared to the annual effective interest
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4 0
3 years ago
Which of the following statements is FALSE regarding resignations in the workplace? The most qualified employees are often the o
Musya8 [376]

Answer:

The correct option is the statement that reads " If a firm commits to making its environment a good place to work,workers will not leave"

Explanation:

The most qualified employees are always been poached because of the value they add to any organization,hence the first statement is absolute truth.

The second statement  is wrong because there the best working environment cannot stop people from resigning,what in case someone needs to study masters abroad?

A certain level of turnover is healthy since it paves from for new hands with fresh perspective to be hired.

However, when turnovers becomes excessive,it implies a fundamental problem with the workplace.

7 0
3 years ago
You purchased a share of stock for $53. One year later you received $3.00 as dividend and sold the share for $52. Your holding-p
GalinKa [24]

Answer:

the holding period return is 3.77%

Explanation:

The computation of the holding period return is shown below:

Holding period return is

= (Income + (Selling price - Purchase price)) ÷ Purchase price

= ($3 + ($52 - $53)) ÷ 53

= 3.77%

Hence, the holding period return is 3.77%

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And, the same is to be considered  

3 0
3 years ago
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