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Hoochie [10]
3 years ago
15

g Closser Corporation produces and sells two products. In the most recent month, Product M50S had sales of $43,000 and variable

expenses of $11,980. Product H50G had sales of $56,000 and variable expenses of $14,750. The fixed expenses of the entire company were $46,180. The break-even point for the entire company is closest to:
Business
1 answer:
expeople1 [14]3 years ago
6 0

Answer:

$63,260

Explanation:

Break-even point is the level of Activity where a firm neither makes a profit nor a loss.

Break even point (Dollars) = Fixed Costs / Contribution Margin Ratio

Contribution Margin Ratio

Is calculated as := Contribution / Sales

                           = (Sales less Variable Costs) / Sales    

                           = ($43,000+$56,000-$11,980-$14,750) / $99,000

                           = $72,270/$99,000

                           = 0.73

Break even point (Dollars) = $46,180 /  0.73

                                            = $63,260

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kotykmax [81]

marci, a purchasing agent, orders 300 refrigerators per month from an online vendor portal. in doing so, she has made Operational decision.

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4 0
1 year ago
Database Systems is considering expansion into a new product line. Assets to support expansion will cost $750,000. It is estimat
Delvig [45]

Answer:

The net income is $150,500 and the return on assets is 20.06 %

Explanation:

The formula for computing net income and return on assets is shown below and the computation is also made.

Net income =  Sales revenue × Profit margin

                   = $2,150,000 × 7%

                   = $150,500

Return on assets = Net income ÷ total assets

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                            = 20.06 %

Thus, the net income is $150,500 and the return on assets is 20.06 %

4 0
3 years ago
Calculate the simple interest payable on a ten-month loan of $60,000 if the interest rate is 16.5%.
marysya [2.9K]

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MrMuchimi

Answer:

A. True

Explanation:

In the starting of the twentieth century, the only stock in which an individual invest is the stocks and the bonds but today there is a lot of different type of investment choices who provides the better return. Accprding to the demand of the investor there are various options available for invest

Hence, the given statement is true

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Answer:d. What do you think about the new ice-cream flavor

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An open ended question is a statement that requires a response. The response can't be yes/ no or a static response

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I hope my answer helps you

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3 years ago
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