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Misha Larkins [42]
3 years ago
10

Malibu Corporation has monthly fixed costs of $59,000. It sells two products for which it has provided the following information

. Sales Price Contribution Margin Product 1 $ 15 $ 9 Product 2 20 4 a. What total monthly sales revenue is required to break even if the relative sales mix is 30 percent for Product 1 and 70 percent for Product 2
Business
1 answer:
julsineya [31]3 years ago
6 0

Answer:

$184,375

Explanation:

The computation of the monthly sales revenue that needed to be break even is given below:

Here we assume the sales be x

0.18x + 0.14x = $59,000

0.32x = $59,000

x = $59,000 ÷ 0.32

= $184,375

The 0.18x come from

= ($9) ÷ ($15) × 0.30x

= 0.18x

And, the 0.14x come from

= ($2) ÷ ($20) × 0.70x

= 0.14x

You might be interested in
Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 27,000 units.
Irina-Kira [14]

Answer:

------- JULY AUGUST. SEPTEMBER

Sales 210,000. 300,000 270,000

Ending. 45,000. 40,500. 27,000

total

required. 255,000. 340,500. 297,000

Beginning (31,500) (45,000) (40,500)

purchase 223,500. 295,500. 256,500

Explanation:

the ending would be next month sales times 15%

July ending

August sales x 15%

300,000 x 15% = 45,000

August Ending

September sales x 15%

270,000 x 15% = 40,500

September Ending

October sales x 15%

180,000 x 15% = 27,000

we will add the sales and the desired ending to get the total required for each month

last step we subtract the beginning inventory for each month, as those units are already there and don't need to purchased.

the ending of one month will be the beginning of the next month.

July ending is August beginning

August ending is September beginning

6 0
3 years ago
Cavern Company's output for the current period results in a $5,250 unfavorable direct material price variance. The actual price
lisov135 [29]

Answer:

3,500 pounds

Explanation:

By applying the below formula we get:

AQ(AP-SP)

USD 5,250 (unfavorable price variance )

USD 5,250/(AP - SP) = AQ

So,

USD 5,250/(USD 56.50 - USD 55.00)

= 3,500

4 0
2 years ago
Connie Cole works as a junior market analyst at SPS Services. Her previous manager retired a couple of months back, and she now
inessss [21]

Answer:

Sexual Harassment

Explanation:

Based on the information provided within the question in regards to the situation at hand it can be said that Connie's experiences are best described as Sexual Harassment. This term refers to when another person exhibits inappropriate sexual remarks or behavior towards you in a professional or social situation. Which is what Connie's boss is doing by making inappropriate sexual advances towards here after she explicitly told him to stop.

If you have any more questions feel free to ask away at Brainly

7 0
2 years ago
2 brothers, Joe and Bob get equal dollar amounts of securities as a gift. Joe immediately sells his securities and deposits the
raketka [301]

Answer:

Opportunity cost

Explanation:

The opportunity cost Bob's brother Joe $20,000. Remember, the term Opportunity cost refers to the cost (loss in this context) incurred when one forgoes an alternative best option–holding them in a brokerage account, in place for a less beneficial one.

Thus, Bob chose the best alternative over his brother.

8 0
3 years ago
On December 31, Year 1, the Loudoun Corporation estimated that 3% of its credit sales of $112,500 would be uncollectible. Loudou
Naddika [18.5K]

Answer:

The correct answer is B. (3,375) = NA + (3,375) NA − 3,375 = (3,375) NA.

Explanation:

The question asks for the effect of the adjusting entry on December 31, Year 1, that is, the creation of the 3% allowance for uncollectible debts.

Allowance for bad debts = 3% x $112,500 = $3,375

Its effect is as follows.

Assets: Since accounts receivable (an asset) is reduced, assets are reduced  by $3,375.

Liabilities: No effect.

Equity: As Equity = Assets - Liabilities, the net effect is to reduce the equity by $3,375.

Revenue: No effect.

Expenses: Sales worth $3,375 is written off as an expense. Hence, total expenses increase by $3,375.

Net increase: As revenue remains unchanged while expenses increase by $3,375, the net increase is a negative of $3,375.

Cash flow: No effect, because there is no exchange of cash since the amount of $3,375 was never received by Loudoun Corporation.

These entries correspond to option B. which is thus the correct answer.  

8 0
2 years ago
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