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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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Most markets are not monopolies in the real world because
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Answer:

D. there are reasonable substitutes for most goods.

Explanation:

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Suppose a tire manufacturer wants to set a mileage guarantee on its new XB 70 tire. Tests revealed that the tire's mileage is no
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Answer:

The manufacturer should announce a guaranteed mileage of 44528 miles

Explanation:

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In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

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The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this problem, we have that:

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What guaranteed mileage should the manufacturer announce

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6 0
3 years ago
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Answer:

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solution

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so correct option is $750

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