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
ankoles [38]
3 years ago
10

RST Company produces a product that has a variable cost of $6 per unit. The company's fixed costs are $30,000. The product sells

for $10 per unit. The break-even point in sales dollars is $_____________.
Business
1 answer:
Anni [7]3 years ago
5 0

Answer: $75000

Explanation:

In order to solve the question, firstly we need to calculate the contribution margin ratio which will be:

= ($10 - $6) / $10

= 40%

Then, the break even sales will then be:

= Fixed cost / Contribution margin ratio

= $30000 / 40%

= $75000

Therefore, the break-even point in sales dollars is $75000

You might be interested in
Which type of business produces processed goods by changing raw goods into a more finished form?
Naddik [55]

Answer:

Bakeries are known for turning raw goods into things like bread

6 0
2 years ago
What role can the private sector play in poverty alleviation?
cupoosta [38]

Through employment and engaging communities thru comprehensive business models, the private sector can play a significant role in poverty alleviation.

 

As it brings community members into the value chain thus making it a more sustainable relationship, this approach is makes it different from just social corporate responsibility.

4 0
3 years ago
Read 2 more answers
Money to pay current expenses for a municipal revenue bond would normally be placed in which of the following funds? (A) Conting
Zanzabum

Answer:

D) Sinking fund

Explanation:

A sinking fund is an account established to be used in the settling of debts. The corporate or institution that creates a sinking fund deposits money regularly as a way of saving it for future debt payments. A sinking fund, is in away a savings account that accumulates funds for repaying large and future debts.

Municipal authorities use sinking funds to pay their bond expenses when they mature. The municipal contributes funds in the years leading to the bond's maturity. Sinking funds gives confidence to investors that the municipal will not default on its payments.

8 0
3 years ago
Assume that Luxland and Leanderland specialize and trade in a way that is advantageous for bothof them. Explain what will happen
katen-ka-za [31]

Question Completion:

Production outputs

                    Luxland    Leanderland

Chips                10                4

Pretzels            10                8

Total output    20               12

Answer:

Assuming that Luxland and Leanderland specialize and trade in a way that is advantageous for both of them, the number of pretzels that Leanderland can produce will be 16.

Explanation:

a) Data and Calculations:

Specialization Output:

                    Luxland    Leanderland

Chips                20                0

Pretzels              0                16

Total output     20                16

b) While it is acknowledged that Luxland has absolute advantage in the production of both chips and pretzels when compared to Leanderland, the total output for both economies, without specialization, remains 32 units (of both chips and pretzels).  When they specialize, Leanderland's output increases to 16 units from 12.  This results in total output of 36 units instead of 32 for both economies.

8 0
3 years ago
Which of the following statements about credits is true? A : Credits decrease both assets and liabilities. B : Credits increase
e-lub [12.9K]

Answer:

The correct answer is C. Credits decrease assets and increase liabilities.

Explanation:

A credit is a provision of money in the form of a loan, granted by a creditor (lender) to a debtor (borrower). For the creditor, the transaction gives rise to a claim on the borrower, under which he can obtain repayment of the funds and payment of remuneration (interest) according to a fixed schedule. For the borrower, whether it is a business or an individual, the credit establishes the existence of a debt (increasing liabilities) and opens the availability of a temporary financial resource.

7 0
3 years ago
Other questions:
  • "Born and raised in India, Rashmi has always enjoyed Indian cooking. As a matter of fact, cooking was her passion and she always
    13·1 answer
  • In this account of Budweiser’s history, there is evidence of both "Big M" marketing and "little m" marketing.
    12·1 answer
  • Owen Cartwright has joined a real estate syndicate that bought an office building in downtown Orlando, Florida. What type of inv
    10·2 answers
  • Assets for a particular business might include: A) cash, accounts payable, and notes payable. B) cash, retained earnings, and ac
    14·1 answer
  • What is the difference between a prepaid tuition plan and a college savings plan?
    15·2 answers
  • f the supply of labor increases, which of the following events will occur? The wage rate will fall and firms will decrease emplo
    13·1 answer
  • Purchase investment in bonds for $115,000. Sell land costing $40,000 for only $31,000, resulting in a $9,000 loss on sale of lan
    11·1 answer
  • Your firm needs to invest in a new delivery truck. the life expectancy of the delivery truck is five years. you can purchase a n
    11·1 answer
  • The entry to record the amortization of a premium on bonds payable on an interest payment date would Group of answer choices a d
    7·1 answer
  • What is one benefit of continuing your education after high school?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!