1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Viefleur [7K]
3 years ago
10

Chester has negotiated a new labor contract for the next round that will affect the cost for their product Cozy. Labor costs wil

l go from $1.76 to $2.26 per unit. Assume all period and variable costs as reported on Chester's Income Statement remain the same. If Chester were to pass on half the new labor costs to their customers, how many units of product Cozy would need to be sold next round to break even on the product
Business
1 answer:
liubo4ka [24]3 years ago
5 0

Answer:

See below

Explanation:

The above is an incomplete question. The concluding parts are assuming the following;

Selling price per unit = $54

Current total variable cost = $24.50

Total fixed cost = $69,000

New variable cost will increase by ($2.26 - $1.76)/2 = $0.25

New variable cost will be = ($24.50 + $0.25) = $24.75

Contribution margin = ($54 - $24.75) = $29.25

New fixed cost = ($0.25 × 2,339) + $69,000 = $69,585

Note:

Old break even units = $69,000/$29.5 = 2,335 units

Therefore,

New break even units

= Fixed cost/Contribution margin per unit

= $69,585/$29.5

= 2,397 units

Cozy would have to sell 2,397 units as opposed to 2,335 units in order to break even.

You might be interested in
Develop a realistic example in which you expect positive covariance​
AURORKA [14]

Answer:

Composure and time management

Explanation:

these are realistic goals that people can reach and will have a positive outcome (do you mind following)

3 0
3 years ago
Gwen deposits $5,000 with Home Bank on July 1, 2018. Home Bank promises to repay Gwen the $5,000 plus 1 percent annual interest
Allisa [31]

Answer:

certificate of deposit

Explanation:

A certificate of deposit (CD) is a financial instrument sold by banks

The bank gives this CD to Gwen. She cannot withdraw the cash until July 1, 2023

The certificate of deposit are risk-free investment. The difference with savings account is that a certificate of deposit has a fixed term and fixed interest rate and it is create with the idea of holding the title until maturity. Not doing so, may inccur in penalties so a portion of the interest will be negate.

As this is a financial instrument, the bank issued a title to the investor to recognize his investment.

7 0
3 years ago
Read 2 more answers
Derek is launching his career with a job as a human resource assistant. he wants to earn certifications that will help him demon
34kurt

The answer is<u> "The Society for Human Resource Management and HR Certification Institute".</u>


While investigating prerequisites for resource management jobs, it before long ends up obvious that HR confirmation is rapidly moving from being liked to being required. This is an indication that associations, regardless of whether in the for-benefit or non-benefit part, are seeing proficient accreditation with an expanding level of regard.  

In fact, HR certification is currently observed as a central expansion to any HR expert's resume, especially as the present experts in human asset administration confront complex difficulties, for example, an absence of qualified ability and the globalization of business.  

There are a number of nationally recognized human resources designations, including:

Society of Human Resource Management (SHRM)

3 0
3 years ago
A market might have an upward-sloping long-run supply curve if:
Elan Coil [88]

Answer:

a. firms have different costs.

Explanation:

A market might have an upward-sloping long-run supply curve if

a. firms have different costs.

b. consumers exercise market power over producers.

c. all factors of production are essentially available in unlimited supply.

d. the entry of new firms into the market has no effect on the cost structure of firms in the market.

6 0
2 years ago
Outlines give you a chance to organize your thinking before determining word choice and sentence structure.
Tresset [83]

Answer:

a. Make each sub-point exclusive

f. Divide the main topic into major components

Explanation:

Outline is a type of table of content that helps a reader to understand the scenario of the overall article or piece. Making an effective outline is a challenging task. However, the following things certainly can make an effective outline.

Putting the main idea in the title is one of them. Under the title, break the topic or title into major components (Option F). Using sub-points make the piece more relevant (Option A). Besides, moving sub-points to larger group or components make the article beautiful (Opposite of Option B). Do not separate the main topic from the title make an outline unclear (Opposite of Option D).

8 0
3 years ago
Other questions:
  • To be​ successful, why should companies try to adopt a proactive stance on​ marketing?
    11·1 answer
  • Northwest Fur Co. started the year with $96,000 of merchandise inventory on hand. During the year, $430,000 in merchandise was p
    9·1 answer
  • A group of manufacturers of LCD screens for computers and cell phones met together monthly in private conference rooms in hotels
    12·1 answer
  • Patricia hires Albert to sell Patricia's expensive sports car. Albert agrees on a sale with Zeke, who wants to purchase the car
    9·2 answers
  • EA13.
    12·1 answer
  • Florida Keys Construction installs swimming pools. It calculates that warranty obligations are 3% of sales. For the year just en
    5·1 answer
  • When products cannot be easily differentiated: A. there is little room for price variations from the competition. B. a skimming
    9·2 answers
  • On January 1, a company issues 8%. 5 year, $300,000 bonds that pay interest semiannually. On the issue date, the annual market r
    10·1 answer
  • A manufacturer reports the information below for three recent years.
    9·1 answer
  • how might an interactive leader like mary barra communicate a policy change that impacts all gm employees from executive-level m
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!