Given: Variable Cost Fixed Cost
per haircut per month
base salary 9660
manager bonus 530
commission 5.92
advertising 270
rent 940
barber supplies 0.30
utilities 0.25 180
magazines 25
Total 6.47 11605
Revenue 11.47
Break even point in unit = Fixed expenses per month / Contribution margin per month.
Break even point in unit = 11,605 / (11.47-6.47) = 11,605 / 5 = 2,321 haircuts
Break even point in $ = Fixed expenses / Contribution margin ratio
Break even point in $ = 11,605 / (5/11.47) = 11,605 / 0.44 = 26,375
Net Income = (Contribution Margin * # of haircuts) - Fixed expenses
Net Income = (5 * 2,380) - 11,605 = 11,900 - 11,605 = 295
Answer:
$1,329,600
Explanation:
Calculation for the amount that Matsui would report in its year-end 2021 balance sheet for its investment in Yankee
First step is to find the Percentage of shares acquired
Percentage of shares acquired = 48,000 / 240,000 = 20%
Last step is to find the Balance sheet Amount to be reported
Using this formula
Investment = Cost + 20% of Net income - 20% of dividends declared
Let plug in the formula
Investment=$1,296,000 + (20% x $240,000) - (20% x $72,000 )
Investment=$1,296,000+$48,000-$14,400
Investment=$1,329,600
Therefore the amount that Matsui would report in its year-end 2021 balance sheet for its investment in Yankee will be $1,329,600
The correct answer is "also".
Also is used to connect two ideas, it is considered to be an adverb. Some authors/writers describe the word "also" as a focusing adjunct, wherein it is placed in between the subject and predicate, which shows the reader to focus in between the two ideas.
Answer:
The correct answer is "People are"
Explanation:
Unlike in item promoting and in service marketing individuals assume a significant job in forming the clients' involvement in the service. Additionally, the four Ps utilized in item advertising - Product, Price, Place, Promotion, there are three extra Ps utilized in Service Market - People, Process and Physical proof. In service promoting, individuals are an indistinguishable part from the service they give. The manner in which an assistance is made and conveyed makes an immense effect on the client support understanding. For instance, in an eatery, both nourishment thing and the individual offering the support are indistinguishable and shapes the client experience of eating in the café.
Answer:
selling price= $5
Explanation:
Giving the following information:
She figures out that her fixed costs will be $7,500 and her unit variable costs are $2 per raft. She plans to rent all 2,500 rafts she has on hand.
<u>To calculate the break-even selling price, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
2,500= 7,500 / (selling price - 2)
2,500selling price - 5,000= 7,500
selling price= 12,500/2,500
selling price= $5