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Oksana_A [137]
3 years ago
5

Bingham Company manufactures and sells Product J. Results for last year's manufacture and sale of Product J are as follows:

Business
1 answer:
monitta3 years ago
7 0

Answer:

Break-even point in units= 16,125

Explanation:

<u>To calculate the number of units of Product J to be sold next year, we can use the break-even point formula:</u>

<u></u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Fixed costs= 195,000 + 180,000 + 170,000= $545,000

Unitary contribution margin= 160 - (96 + 24)= $40

Desired profit= $100,000

Break-even point in units= (545,000 + 100,000) / 40

Break-even point in units= 16,125

<u>Prove:</u>

Sales= 16,125*160= 2,580,000

Variable production costs= 16,125*96= (1,548,000)

Sales commissions= 0.15*2,580,000= (387,000)

Salaries of line supervisors= (195,000)

Traceable fixed advertising expense= (180,000)

Fixed general factory overhead= (170,000)

Net operating income= 100,000

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Answer: the U.S. real interest rate and net exports will both rise.

Explanation: Due to the ongoing war abroad, there would be a reduction in production of goods and services in the affected countries and a rise in the production of goods and services in the safe haven country (US) leading to increased levels of export to meet the demand.

War affects investments negatively. As a result, investments are also moved to the US for safety. However, pressure on US producers and eventual shortage due to increased exports, would lead to inflation and increase in prices of goods and services. To mitigate these effects and to reduce the supply of money, government would increase interest rates.

This explains why both interest rates and export both rise.

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4 years ago
According to the criterion of _____, a selected segment must be large enough to warrant developing and maintaining a special mar
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Answer:

Substantiality.

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Market segmentation is one of the important marketing strategies to divide the entire market into small segments in order to implement a better technique to satisfy the consumer need with specific products and schemes. There are four basic criteria for useful segmentation of the market:

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Similarly in the given case, it talks about the substantiality criteria of segmentation as it says a selected segment must be large enough to warrant developing and maintaining a special marketing mix.

4 0
3 years ago
When a job is completed in a service organization, the job costs are transferred to the?
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3 years ago
Brandy enterprises discarded a computer that was fully depreciated and had no residual value. as a result of this​ transaction,
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4 years ago
A number between 1 and 15
alexgriva [62]

Answer:

The probability is 0.20 or 20%

Explanation:

we know that

The probability of an event is the ratio of the size of the event space to the size of the sample space.  

The size of the sample space is the total number of possible outcomes  

The event space is the number of outcomes in the event you are interested in.  

so  

Let

x------> size of the event space

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P=\frac{x}{y}

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x=3

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so

y=15

substitute

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P=0.20(100)=20\%

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4 years ago
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