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Nadusha1986 [10]
2 years ago
8

Assume that Corn Co. sold 7,600 units of Product A and 2,400 units of Product B during the past year. The unit contribution marg

ins for Products A and B are $34 and $59, respectively. Corn has fixed costs of $378,000. The break-even point in units is a.9,450 units b.11,340 units c.7,560 units d.14,175 units
Business
1 answer:
Afina-wow [57]2 years ago
5 0

,Answer: a. 9,450 units

Explanation:

You need to find the weighted average contribution margin for both products.

Product A

Weighted average contribution margin = Contribution margin * Units sold / Total units sold

= 34 * 7,600 / (7,600 + 2,400)

= $25.84

Product B

= 59 * 2,400 / 10,000

= $14.16

Breakeven point in units = Fixed costs/ (Weighted average contribution margin of both A and B)

= 378,000 / (25.84 + 14.16)

= 9,450 units

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One foreign project in Hungary and another in Japan had the same perceived value from the U.S. parent's perspective. Then, the e
zhenek [66]

Answer:

higher than that for the Hungarian project

Explanation:

One foreign project in Hungary and another in Japan had the same perceived value from the U.S. parent's perspective. Then, the exchange rate expectations were revised, upward for the value of the Hungarian forint and downward for the Japanese yen. From the parent's perspective, the break-even salvage value for the project in Japan would now be higher than that for the Hungarian project.

8 0
3 years ago
Henry, who is not a dependent, states he wishes to claim EITC this year for his 35-year-old dependent child. Both reside in the
Evgen [1.6K]

Answer:

in order for Henry's child to qualify as a dependent, the following requisites must be met:

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3 0
3 years ago
The demand function for a product is defined as Q = 24 – 2 P. If price is equal to 4, then the price elasticity of demand is A.
leva [86]

Answer:

option (c) inelastic

Explanation:

Given:

Q = 24 – 2 P

at P = 4

Q = 24 - 2(4)

= 16

Now,

Elasticity = \frac{\textup{dQ}}{\textup{dP}}\times\frac{\textup{P}}{\textup{Q}}

on substituting the respective values, we get

Elasticity = \frac{\textup{d(24 – 2 P)}}{\textup{dP}}\times\frac{\textup{4}}{\textup{16}}

or

Elasticity = -2 × 0.25

or

Elasticity = - 0.5

Since,

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option (c) inelastic

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8 0
3 years ago
In the trial balance, all the accounts with debit balances are listed before the accounts with credit balances.
Jet001 [13]

Answer:

False

Explanation:

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3 years ago
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