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dangina [55]
3 years ago
14

Sheryls's business sells a single product. The following information was gathered from Sheryls's records: Price $97.00 per unit

Variable costs are 67% of sales price The company's fixed costs are $400,000 annually Current sales total is 16,000 units Target profit before tax $33,000 Budgeted sales total is 15,000 units How many units does Sheryls's business need to sell to break even
Business
1 answer:
VLD [36.1K]3 years ago
4 0

Answer:

12,497 units

Explanation:

Break even unit = Fixed Cost ÷ Contribution per unit

                           = $400,000 ÷ $97.00 x 33%

                           = 12,497 units

Sheryls's business need to sell  12,497 units to break even

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Rashid [163]

Answer:

The correct answer to the following question is option A) .

Explanation:

One way in which firms identify customer is through observational characteristics which can be age, by knowing the average of their target customers , a firm can know whether their target customers would be willing to wait in long lines or not for getting the firms product. As if their target customers mainly consists of old age then those customer won't be willing to wait in long lines to get the product.

3 0
3 years ago
Bundle A is strictly preferred to bundle B, and bundle B is strictly preferred to bundle C. If the utility associated with B is
Nadya [2.5K]

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Explanation:

Utility is the satisfaction that we derive as consumers when we consume or use a certain product.

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2 years ago
1. The classical dichotomy and the neutrality of money The classical dichotomy is the separation of real and nominal variables.
Archy [21]

Answer:

These two options represent nominal values:

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3 years ago
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Maurinko [17]

Answer:

Option (c) is correct.

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