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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

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When the Fed adjusts its interest rate, it directly influences consumer
viva [34]

Answer:

C.borrowing

Explanation:

By adjusting the interest rates, the Fed influences the interest rate that banks charge customers when they borrow. An increase in the fed funds rate causes a rise in bank interest rates on loans and mortgages.

Interest rates are a monetary policy tool that the Fed uses to regulate the money supply in the economy.  Should the fed desire to increase the money supply, it lowers the interest rates making the cost of borrowing attractive. An increase in interest rate makes borrowing expensive and hence reduces the money supply. The Fed uses interest rates to influence the money supply by encouraging or discouraging borrowing of money by firms and households

8 0
3 years ago
Read 2 more answers
15. A market decline of 23% on a day when there is no significant macroeconomic event ______ consistent with the EMH because ___
gayaneshka [121]

<u>Answer:</u>Option c

<u>Explanation:</u>

Some of the macro economic event such as interest rates, unemployment, economic growth and inflation affects the stock markets .  If any of these events occur then market has its effect on it. EMH is the efficient market hypothesis that the asset prices reflect the market situation.

When the macroeconomic event has not taken place but there is market decline then EMH is not consistent with the event or the macro economic news.Market prices also reflect due to the latest information if any.

4 0
3 years ago
If a perfectly competitive firm and a single-price monopolist face the same demand and cost curves, then the competitive firm wi
Rudik [331]

Answer:

a

Explanation:

greater output and charge lower price than the monopolist

7 0
3 years ago
During the months of January and February, Solitare Corporation sold goods to two customers. The sequence of events was as follo
Daniel [21]

Answer:

The total revenue Solitare would report over the two months is $99 with a gross loss of $11.74

Explanation:

Particulars                                                  Amount ($)

Sales (January & February)

- Wizard Inc                                                     $50

- Spyder Corp                                                 $50

Less: Discount allowed to Wizard Inc           <u>$1       </u>    ($50 * 2%)

Net Sales                                                         $99

Less: Cost of goods sold (60.6+50.14)          <u>$110.74</u>

Gross Loss                                                       <u>$11.74</u>

8 0
3 years ago
Karen and Jay need a larger home. They have two large dogs and a baby on the way. One day in the real estate section, they see t
juin [17]

Answer: BRIDGE LOAN

Explanation: As the name says the bridge loan are the type of loans that bridge the difference between the new home of the buyer and the new mortgage in case the buyers existing home hasn't been sold yet. It is a type of short term loan, the usual time period for such kinds of loan is 2 weeks to 3 years.

In this case Karen and Jay have purchased the new house but sale of their old house is still pending thus from the above explanation we can conclude that bridge loan would be appropriate for them.

6 0
3 years ago
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