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
aksik [14]
3 years ago
14

Accents Associates sells only one product, with a current selling price of $150 per unit. Variable costs are 30% of this selling

price, and fixed costs are $19,600 per month. Management has decided to reduce the selling price to $145 per unit in an effort to increase sales. Assume that the cost of the product and fixed operating expenses are not changed by this reduction in selling price. At the current selling price of $150 per unit, the dollar volume of sales per month necessary for Accents to break-even is:
Business
1 answer:
Ksju [112]3 years ago
8 0

Answer:

$65,333

Explanation:

As we know,

Sales price = Variable cost + Contribution cost

Sales price = Variable cost ratio + Contribution margin ratio

100% = 30% + Contribution

Contribution = 100% - 30%

Contribution = 70%

Fixed cost = $19,600

Break even sales = Fixed cost / Contribution margin ratio

Break even sales = $19,600 / 30%

Break even sales = $19,600 / 0.3

Break even sales = $65,333.

You might be interested in
The "inverse dependency ratio" is defined as the ratio of
Papessa [141]

Answer:

The correct answer is the option C: the working-age population to the number of dependents.

Explanation:

On one hand, the <em>dependancy ratio</em> is the name given, in the field of economics, to the term that refer to an age-population ratio that are and are not in the labor force. Moreover, this type of ratio focuses in measuring the pressure that the productive population has over the nonproductive population.

On the other hand, the <em>inverse dependay ratio</em> measures the amount of labor force that has to be provided regarding one dependent person. Therefore that it is understandable that <u><em>the inverse dependency ratio is defined as the reatio of the working-age population to the number of dependents</em></u>.

6 0
3 years ago
What is the difference between a public and a private corporation?
viva [34]

The principal difference between public and privately held companies is that public companies have shares that can be publicly traded on a stock market. A privately held company might become a publicly held company by conducting an initial public offering, which is the offering of shares of the company to the public.

6 0
4 years ago
After all of the account balances have been extended to the Income statement columns of the worksheet, the totals of the debit a
Masja [62]

Answer:

a. $7, 283 net income

Explanation:

The debits in an income statement represents the expenses while the credit entries represent the income. As such, given;

Total debits = $20,303

Total credits = $27,586

Net income/(loss) = $27,586 - $20,303

                             = $7,283

Since the total credit (income) is more than the total debit, the net of the two balances result in a net income.

The answer is a. $7, 283 net income.

8 0
3 years ago
Rhonda has oversight responsibility for the servicing and repair of her company's fleet of cars, so she frequently calls the gar
dmitriy555 [2]

Answer: Variable-interval

Explanation:

3 0
3 years ago
A team suffering from resentment among team members should work on its ______. A. Long term goals b. Job satisfaction c. Communi
Alika [10]

Answer:

C

Explanation:

4 0
2 years ago
Other questions:
  • Paul, a contractor, has a contract to build a new office building for Bill. The contract contains a provision requiring Paul to
    7·1 answer
  • Why would a good lawyer not tell a client how their case will come out at the initial consultation?
    10·1 answer
  • Princetown Inc. has a $4.82 million basis in 68% of the outstanding stock of Merryvale Corporation. Merryvale manufactures Chris
    7·1 answer
  • Many business software services are offered as ____, including applications geared for collaboration, scheduling, customer servi
    12·1 answer
  • The 4.5 percent bond of JL Motors has a face value of $1,000, a maturity of 7 years, semiannual interest payments, and a yield t
    12·1 answer
  • The loan amount is $70,000, and the monthly principal and interest payment will be $479.00 a month for 30 years. How much intere
    10·1 answer
  • Preparing a Production Budget Tulum Inc. makes a Mexican chocolate mix. In the first 4 months of the coming year, Tulum expects
    13·1 answer
  • Masterson, Inc., has 4.4 million shares of common stock outstanding. The current share price is $89.50, and the book value per s
    6·1 answer
  • Question 1: [38 marks]
    7·1 answer
  • A channel member (producer, wholesaler, or retailer) who coordinates, directs, and supports other channel members is referred to
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!