Question 1

Handy Home sells windows and doors in the ratio of 7:3 (windows:doors). The selling price of each window is $111 and of each doo

Dmitriy789 [7]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Handy Home sells windows and doors in the ratio of 7:3 (windows:doors).

Window:

Selling price= $111

Unitary variable cost= $68

Door:

Selling price= $261

Unitary variable cost= $180.5

Fixed costs are $515,375.

1) Selling price per composite unit:

Selling price= 0.7*111 + 0.3*261= $156

2) Composite variable cost:

Variable cost per unit= 0.7*68 + 0.3*180.5= 101.75

3) To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 515,375/ ( 156 - 101.75)

Break-even point in units= 9,500 units

4) Units for each product:

Windows= 0.7*9,500= 6,650

Door= 0.3*9,500= 2,850

6 0

3 years ago

The table represents the Consumer Price Index for a basket of goods and services for three consecutive years. Calculate the infl

g100num [7]

Correct option: 44 Percent

Inflation rate is general rise in the price of goods and services. Inflation rate can be calculated by calculating the percentage difference in consumer price index.

$Inflation rate = \frac{CPI1_{1}-CPI_{0}}{CPI_{10}}$

$Inflation Rate =\frac{180-125}{125} =\frac{55}{125} =44 percent$

Therefore, Inflation rate would be 44%.

4 0

3 years ago

Read 2 more answers

Please help! <br><br>How can easy access to credit lead to Financial Mistakes and Bankruptcy?

zvonat [6]

Answer: over-borrowing.

Explanation:

credit cards function like this: you can "buy" a lot of things with it, including very very expensive things. this is because instead of really buying that product, you borrow money from the bank to buy it. you then have to pay it off in slower amounts of money over time until youve paid off the original cost of the product and more because the bank will most likely charge interest.

sounds great, right?

it is, until you cant afford to pay those smaller amounts of money. then, it starts to build up and if you still cant afford to pay the bank, they will begin to liquidize your physical assets (they take your stuff as payment, really anything, even your house can be taken.)

3 0

3 years ago

If the U.S had been poor in natural resources, how would industrialization have been affected?

ludmilkaskok [199]

Without an abundance of natural resources, the US could never of have achieved industrialization at the pace or scope it did. United States of American will then have l<span>ess wealth, less industry, and slower growth. Thank you for posting. Hope it helps :)</span>

5 0

3 years ago

Concord Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated

Klio2033 [76]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Machine setups

Estimated annual overhead cost= $198,800

Number of setups 2,800

Machining

Estimated annual overhead cost= $337,400

Machine hours 24,100

Inspections.

The estimated annual overhead cost= $81,000

Number of inspections 1,500.

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Machine Setup:

Estimated manufacturing overhead rate= 198,800/2,800= $71 per setup

Machining:

Estimated manufacturing overhead rate= 337,400/24,100= $14 per machine hour

Inspections:

Estimated manufacturing overhead rate= 81,000/1,500= $54 per inspection.

8 0

4 years ago