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
Dmitriy789 [7]
3 years ago
10

In order to produce a new product, a firm must lease equipment at a cost of $100,000 per year. The managers feel that they can s

ell 50,000 units per year at a price of $75. What is the highest variable cost that will allow the firm to at least break even on this project
Business
1 answer:
bezimeni [28]3 years ago
5 0

Answer:

$73 = unitary variable cost

Explanation:

<u>To calculate the unitary variable cost that will yield the break-even point, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

50,000= 100,000 / (75 - unitary variable cost)

3,750,000 - 50,000unitary variable cost= 100,000

3,650,000 = 50,000unitary variable cost

$73 = unitary variable cost

You might be interested in
Businesses that apply the marketing concept will fail if each company involved in
Dmitry [639]

Answer:

Explanation:

Which of the following was a demand of the marchers

jobs for women

segregated schools

an end to bias

second-class citizenshipWhich of the following was a demand of the marchers?

6 0
3 years ago
What information does a supply schedule provide?
lesya [120]

Answer:

See below

Explanation:

A supply schedule shows the quantities that suppliers are willing to sell in the market at different prices. It is a table format with quantity on one column and prices on another. As per the law of supply, high prices lead suppliers to supply more at the market.

The supply schedule illustrates in a table format the relations between the price and the quantity supplied. It will show how the quantity increase as prices increases. The supply schedule is a tabular representation of the supply curve.

7 0
3 years ago
One of the most important features of the franchise contract is the provision related to
DanielleElmas [232]
The right answer for the question that is being asked and shown above is that: "a. the sale or transfer of the franchise to a government entity." One of the most important features of the franchise contract is the provision related to <span>a. the sale or transfer of the franchise to a government entity.</span>
6 0
3 years ago
On January 1, Applied Technologies Corporation (ATC) issued $550,000 in bonds that mature in 10 years. The bonds have a stated i
I am Lyosha [343]

Answer:

1. $550,000

Explanation:

1. It is given in the question that the stated interest rate and the market interest rate both are having the same rate, i.e, 12%.

Hence, the bonds are issued at the face value that is $550,000.

2. The Journal entries are as follows:

(i) On January 1,

Cash A/c      Dr. $550,000

To bonds payable               $550,000

(To record the bond issuance)

(ii) On December 31,

Interest Expense A/c   Dr.   $66,000

To cash A/c                                          $66,000

(To record the first interest payment on December 31 assuming no interest has been accrued earlier in the year)

Workings:

Interest expense = $550,000 × 12%

                             = $66,000

7 0
3 years ago
If a consumer purchases a combination of coffee and football tickets such that Coffee/Coffee = 20 and MU Football tickets/PFootb
katen-ka-za [31]

Answer: d. more coffee and fewer football tickets

Explanation:

MU/P refers to the marginal utility gained per dollar of an alternative and rationale consumers are always expected to maximise their utility by picking alternatives that give them more utility as opposed to less.

The MU/P for coffee is 20 whilst that of football tickets in 10. This means that more utility is gained from getting more coffee as opposed to football tickets. The action that would maximise utility would therefore be one where the consumer gets more coffee and fewer football tickets.

4 0
3 years ago
Other questions:
  • If your uncle borrows $69,000 from the bank at 11 percent interest over the nine-year life of the loan. Use Appendix D for an ap
    13·1 answer
  • The City of Fairfield issued $100 million of 20-year, 6 percent coupon bonds (3 percent per semiannual period) for $89.32 millio
    9·1 answer
  • 12 Unless otherwise posted, in Florida, the speed limit for most municipal areas is 40 mph O 25 mph )45 mph 30 mph​
    14·1 answer
  • Use the following scenario and data for all questions During lunch time, customers arrive at a postal office at a rate of per ho
    15·1 answer
  • which of the following is a factor that influences the business cycle? a)import fees b)interests rates on loans c)tax rebates d)
    9·1 answer
  • Internal control systems are:________.
    15·2 answers
  • Which is the preferred strategy when a company's competitive advantage is based on technology and the company wishes to enter th
    8·1 answer
  • Currency $1,000 Checking Account Balances $2,000 Savings Account Balances $5,000 Small-Denomination Time Deposits $6,000 Non-Ins
    7·1 answer
  • When using horizontal differentiation, a firm divides itself into subunits based on function, type of business, or.
    13·1 answer
  • Kenda needs her manager to review the memo she wrote so that she can send it out to her clients before the end of the day. What'
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!