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
lorasvet [3.4K]
3 years ago
8

of $3.00 per unit. The variable cost to manufacture is $2.00 per unit. The monthly fixed costs are $8000. Its current sales are

29,000 units per month. If the company wants to increase its operating income by 20%, how many additional units must it sell
Business
1 answer:
Degger [83]3 years ago
5 0

Answer: 33,200 units

Explanation:

Current operating income = Sales - Variable costs - fixed costs

= (29,000 * 3) - (29,000 * 2) - 8,000

= $21,000

An increase of 20% would be:

= 21,000 * 1.20

= $25,200

The number of units that must be sold is:

= (Fixed costs + Required profit) / Contribution margin

Contribution margin = Selling price - Variable cost

= 3 - 2

= $1

Number of units to be sold is:

= (8,000 + 25,200) / 1

= 33,200 units

You might be interested in
Ayayai Corp. had the following transactions during 2017: 1. Issued $235000 of par value common stock for cash. 2. Recorded and p
Ainat [17]

Answer:$33,800

Explanation:

Sold investment - acquired investment

=5640 - 39,480= $33,800

4 0
3 years ago
Charles Edgar Duryea and his brother are credited with creating which of the following products?
emmasim [6.3K]
Gasoline-powered automobile should be the answer.
I cannot explain the whole story, but PM me, if you'd like to hear it.
Good luck with your future studies,
Mabel L.
7 0
3 years ago
Read 2 more answers
In order to break a stalemate in peace negotiations, president nixon ordered ground attacks in which country?
Alona [7]
Cambodia.. hope it helps :)
3 0
3 years ago
Read 2 more answers
The compensation associated with executive stock option plans is:A. The book value of a share of the company's shares times the
Mekhanik [1.2K]

Answer:

The correct answer is letter "B": The estimated fair value of the options.

Explanation:

Employee Stock Options or ESOs are equity compensations given be firms typically to high-range executives. The company provides the workers with call options so employees can purchase the derivatives at a certain price and time. These types of compensations are useful as motivations for the employees to help them perform better in their duties.

5 0
3 years ago
Explain and compare between administrative marketing and entrepreneurial marketing
Simora [160]
Business Orientation: While traditional marketing is defined by customer orientation, entrepreneurial marketing is defined by entrepreneurial and innovation orientation. ... Entrepreneurs interact with customers through activities like personal selling and relationship marketing.
Entrepreneurial Marketing: 6 Characteristics of Entrepreneurial Marketing
Proactive Orientation: ADVERTISEMENTS: ...
Innovativeness: ...
Focus on the Customer: ...
Utilizing an Opportunity: ...
Risk Management: ...
Value Creation: A contemporary definition that meets the present scope in which entrepreneurial marketing is defined as: “The proactive identification and exploitation of opportunities for acquiring and retaining profitable customers through innovative approaches to risk management, resource leveraging and value creation.” Traditional marketing has many facets. For instance, it includes tangible items like print ads in magazines or newspapers, business cards. It can also include commercials on radio or TV, posters, brochures and billboards. Anything except digital ways to promote your brand is traditional marketing. The four main sources of entrepreneurial marketing ideas are the new markets for existing products, new products, turning ideas into business opportunities and innovative approaches to existing markets.
3 0
3 years ago
Other questions:
  • a project that costs 25500 today will generate cash flows of 8800 per year for seven years. what is the project's payback
    13·1 answer
  • A company issues $24900000, 5.8%, 20-year bonds to yield 6% on January 1, 2020. Interest is paid on June 30 and December 31. The
    10·1 answer
  • Eric Company has the following information:
    13·1 answer
  • Economists use the word marginal to mean an extra or additional benefit or cost of a decision. An optimal decision occurs when _
    12·1 answer
  • Charismatic leaders are often _____ than transactional leaders.
    13·1 answer
  • Pratte Boat Wash's cost formula for its cleaning equipment and supplies is $2.460 per month plus $49 per boat. For the month of
    12·1 answer
  • A typical point-of-sale display features products that are likely to be ___.
    5·1 answer
  • As an employer, you need to provide ___________ to an employee before that person can fill out their tax return.
    11·1 answer
  • Your monthly paycheck after deductions is $4352.
    12·1 answer
  • A large human population, both globally and within individual countries, has been a concern since the time of Thomas Malthus. Co
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!