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tamaranim1 [39]
3 years ago
14

Crane Company sells radios for $50 per unit. The fixed costs are $465000 and the variable costs are 60% of the selling price. As

a result of new automated equipment, it is anticipated that fixed costs will increase by $165000 and variable costs will be 50% of the selling price. The new break-even point in units is:
Business
1 answer:
Katyanochek1 [597]3 years ago
8 0

Answer:

25,200

Explanation:

Breakeven quantity are the number of  units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

Fixed cost = $465000 + $165000 = $630,000

Price = $50

variable cost = 0.5 x 50 = $25

Breakeven = $630,000 / $25 = 25,200

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The manager of a cost center has the responsibility for making decisions affecting ______.
Yuki888 [10]

The manager of a cost center has the responsibility for making decisions affecting revenues and costs.

Revenue is the full earnings produced with the aid of a given source a belongings predicted to yield a big annual revenue. Revenue refers to the overall earnings a enterprise generates through its middle operations like income of services or products, rents on a property, routine payments, hobby on borrowings, and many others. revenue calculations come before getting rid of any prices, which include discounts and returns.

Cost denotes the quantity of money that a corporation spends at the creation or production of products or offerings. It does now not consist of the markup for profit. From a seller's point of view, cost is the amount of money that is spent to supply a very good or product. Fee is defined as to be priced at something or to lose. An instance of cost is for a loaf of bread to be priced at $3. An instance of value is to give up your freedom to offer freedom to any other man or woman.

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6 0
2 years ago
n 2018, Warehouse 13 had net credit sales of $750,000. On January 1, 2018, Allowance for Doubtful Accounts had a credit balance
Finger [1]

Answer:

$28,000

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Given that Past experience indicates that the allowance should be 10% of the balance in receivables

Allowance = 10% * $150,000

= $15,000

Since during 2018, $29,000 of uncollectible accounts receivable were written off

Balance in allowance account before adjustment

= $29,000 - $16,000

= $13,000 (Debit)

Required adjustment for Doubtful Accounts at December 31, 2018

= $13,000 + $15,000

= $28,000

4 0
3 years ago
Stock A has a beta of 0.7, whereas Stock B has a beta of 1.3. Portfolio P has 50% invested in both A and B. Which of the followi
tresset_1 [31]

Answer:

The question is incomplete;

a. The required return on Portfolio P would increase by 1%.

b. The required return on both stocks would increase by 1%.

c. The required return on Portfolio P would remain unchanged.

d. The required return on Stock A would increase by more than 1%, while the return on Stock B would increase by less than 1%.

e. The required return for Stock A would fall, but the required return for Stock B would increase.

The answer is a. The required return on Portfolio P would increase by 1%.

Explanation:

6 0
4 years ago
a survey of 137 investment managers in a poll revealed the following. 44% of managers classified themselves as bullish or very b
dexar [7]

A. of the investment managers Surveyed 46% were bullish or very stock market

2. of the investment managers Surveyed 211: selected health Care as the Sector most likely to lead the market in the next 12 months.

B. For investment manager Sample 11.5%. in the

C.  F.& investment managers in Sample 2.8.

Managers are most customarily accountable for a specific feature or branch inside the enterprise. From accounting to advertising, to sales, customer support, engineering, quality, and all other agencies a supervisor both immediately leads his or her team or leads a set of supervisors who oversee the teams of personnel.

It takes three years of expert experience to end up a manager. this is the time it takes to study specific supervisor capabilities, however, does no longer account for time spent in formal education. in case you include the everyday training requirements to complete a university degree, then it takes 6 to 8 years to grow to be a manager. Managers plan, prepare, direct, and manage sources to acquire unique goals.

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6 0
2 years ago
Which of the following motivating forces have the strongest performance effect? Group of answer choices difficult goals high lev
aleksley [76]

Answer:

Self-efficacy and competence

Explanation:

Self-efficacy and competence is the term which is defined as the judgement of the person of his or her capabilities for executing and organise the course of actions needed to accomplish the designated kinds of performance.

In short, it is the perceived efficacy which is the extent to which the individual or person feels and need the attributes so that could succeed.

So, the one force which motives and have the strongest effect on performance is the self-competence and efficacy.

4 0
3 years ago
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