All categories

3 years ago

Use the following information to determine the break-even point in sales dollars:

Business

1 answer:

dolphi86 [110]3 years ago

7 0

Answer:

Break-even point (dollars)= $362,400

Explanation:

Giving the following information:

Unit sales 50,000

Units Dollar sales $500,000

Fixed costs $204,000

Variable costs $187,500

First, we need to calculate the contribution margin ratio:

Contribution margin ratio= total CM / Sales

Contribution margin ratio= (500,000 - 187,500) / 500,000

Contribution margin ratio= 0.625

Now, the break-even point in sales dollars:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 204,000 / 0.625

Break-even point (dollars)= $362,400

You might be interested in

Kraft, Inc. sponsors a defined-benefit pension plan. The following data relates to the operation of the plan for the year 2013.

Drupady [299]

Answer:

The amount of pension expense reported for 2013 is $330,000

Explanation:

In order to calculate the amount of pension expense reported for 2013 we would have to use and calculate the following formula according to the given data:

amount of pension expense reported for 2013= $250,000 + ($2,400,000 × 0.10) - ($1,600,000 × 0.10)

amount of pension expense reported for 2013= $330,000

The amount of pension expense reported for 2013 is $330,000

8 0

3 years ago

J.D. Power and Associates surveys new automobile owners to learn about the quality of recently purchased vehicles. The following

lorasvet [3.4K]

Answer:

a. Did you purchase or lease the vehicle? CATEGORICAL DATA

b. What price did you pay? QUANTITATIVE DATA

c. What is the overall attractiveness of your vehicle's exterior? (Unacceptable, Average, Outstanding, or Truly Exceptional) CATEGORICAL DATA

d. What is your average miles-per-gallon? QUANTITATIVE DATA

e. What is your overall rating of your new vehicle? (l- to 10-point scale with 1 Unacceptable and 10 Truly Exceptional) QUANTITATIVE DATA

Explanation:

Quantitative data can be measured in numbers, e.g. 20 miles per gallon. While categorical data refers to non-numerical responses, e.g. higher quality, better looks, and is generally obtained by choosing one response from a group of available answers.

5 0

3 years ago

Which energy system provides energy for tasks that demand a high rate of energy expenditure for a short period of time?

andriy [413]

The energy system which provides energy for tasks that demand a high rate of energy expenditure for a short period of time is 3-5 days/week, 55-90% of HRmax, 20-60 minutes, aerobic activity.

In economics, demand is the amount of a good that customers are inclined and capable of purchase at diverse prices at some point of a given time. the connection between price and quantity demand is likewise referred to as the demand curve

Demand is the amount of consumers who're inclined and in a position to shop for products at numerous fees at some stage in a given period of time. demand for any commodity implies the purchasers' desire to gather the good, the willingness and capability to pay for it.

For instance, if a patron is hungry and buys a slice of pizza, the primary slice can have the finest advantage or application. With every additional slice, the purchaser becomes greater happy, and software declines. In idea, the primary slice may fetch a higher price from the purchaser.

Learn more about demand here:brainly.com/question/1245771
#SPJ4

4 0

2 years ago

1. ______control environment risk assessment control procedures monitoring information and communication.2. ______provides reaso

Yuki888 [10]

Answer:

Five internal controls
Control procedures.
Risk Assestment.
Information and communication.
Monitoring.
Control environment.

Explanation:

1. Five internal control environment risk assessment control procedures monitoring information and communication.2. Control procedures provides reasonable assurance that business goals will be achieved.3. Risk assessment identify, analyze and assess likeliness of vulnerabilities.4. Information and communication used by management for guiding operations and ensuring compliance with requirements.5. Monitoring used to locate weaknesses and improve controls.6. Control environment overall attitude of management and employees

There are five internal control management that help in controling and managing overall work environment.

4 0

4 years ago

WHICH OF THE FOLLOWING WILL CAUSE NO CHANGE IN PRODUCER SURPLUS? A) IMPOSITION OF A NON BINDING PRICE CEILING IN THE MARKET. B)

Svetllana [295]

The answer is A. Imposition of a non binding price ceiling in the market

Price Ceiling is when a government impose a price limit over a specific product

Non-Binding Price ceiling is if that price limit that imposed to the product is still higher than market equilibrium , which won't do anything to producer's surplus

5 0

3 years ago