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makvit [3.9K]
3 years ago
14

A product sells for $275 per unit, and its variable costs are 68% of sales. The fixed costs are $345,600. What is the break-even

point in sales dollars? (Do not round intermediate calculations.)
Business
1 answer:
exis [7]3 years ago
5 0
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Assume that the seller owes $80,000 on a loan for the land. After receiving the $298,000 cash in (a), the seller pays the $80,00
Zepler [3.9K]

Answer:

Amount owed on a loan for the land = $80,000

Payment in cash for the loan = $80,000

(1) Assets decreases by $80,000 as cash is used for the payment of loan.

(2) Liabilities also decreases by the $80,000 i.e decrease in liability as the loan is settled down.

(3) Stockholders' equity: There is no change occurred in the seller's stockholders equity.

8 0
3 years ago
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Glowbot is a mobile app development firm. The firm allows its employees to grow by giving them the liberty to make their own dec
Delvig [45]

Answer:

C) an organizational plurality

Explanation:

A) diversity pairing

B) skill-based diversity

C) an organizational plurality

D) structural accommodation

4 0
3 years ago
The best way to address a borrower's questions that the notary signing agent is not allowed to answer, is to
Andre45 [30]
The best way to handle that is to <span>Make a list of all of the questions that the borrower has at the end of the signing then have them contact the borrower for answers.
Doing this will make them able to prepare the answers beforehand and distinguish between which information they are allowed to give and which one to held.</span>
5 0
4 years ago
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SCENARIO 9.7: Julio borrowed $80,000 from his great aunt to open a coffee stand at a local flea market. He agrees to pay his gre
leva [86]

Answer:

$20,000

$80,000

Explanation:

Fixed cost is the cost that does not vary with output.

Fixed costs = cost of interest + other yearly fixed cost

(0.05 x $80,000) + $16,000= $20,000

Total cost is the sum of fixed and variable cost.

Variable cost is the cost that varies with output. If output is zero, variable cost would be zero.

Total cost = fixed cost + variable cost

= $20,000 + $60,000 = $80,000

5 0
3 years ago
Allen tutors in his spare time for extra income. buyers of his service are willing to pay $40 per hour for as many hours allen i
Damm [24]
Producer surplus is the differential amount between the minimum amount they are willing to accept and the actual amount they actually received.

thus,
Producer surplus =   the area triangle when prices are graphed with respect to time.
Using the formula for the area of right triangles 
Producer surplus = 1/2 (4)(40)
Producer surplus =$80/hr


5 0
3 years ago
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