Answer:
Break even = $50 per visit
$100,000 profit = $60 per visit
Explanation:
In order to break even, the total revenue of the expected 10,000 visits must equal the costs necessary to perform them. The cost per visit is the only variable cost with the others being fixed costs:
In order to break even, the hospital must charge $50 per visit.
In order to earn an annual profit of 100,000, That profit must be spread out over the 10,000 visits, the profit required per visit is:
Since the break even price is $50, the hospital must charge $60 to earn an annual profit of $100,000.
Computer game organization Ubisoft is a Culture industry since it creates and circulates a particular kind of social item for public utilization, to monetarily benefit.
<h3>What kind of business is Ubisoft?</h3>
jubisft/; Ubisoft Entertainment SA English: [ ybisɔft]; formerly known as Ubi Soft Entertainment SA) is a French publisher of video games with development studios all over the world and a headquarters in Saint-Mandé.
<h3>Ubisoft produces what kind of games?</h3>
Ubisoft is a French video game developer with headquarters in Saint-Mandé. Ubisoft is well-known for developing Tom Clancy's Assassin's Creed, Far Cry, Just Dance, Prince of Persia, Watch Dogs, The Crew, TrackMania, Trials, and Rayman franchises. The company was founded in 1986 by five brothers.
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Full Question = Video game company Ubisoft is a ___ because it produces and distributes a specific type of cultural product for public consumption, in order to profit financially.
Answer and Explanation:
The journal entry is as follows;
Amortization expense $1,585 ($16,400 - $3,720) ÷ 4 years × 0.5
Trademarks $1,585
(Being the amortization expense is recorded)
As we debit the amortization expense as it increased the expenses and at the same time we credited the trademarks as it decreased the assets
Answer:
Results are below.
Explanation:
Giving the following information:
Target Profit Outdoors Company sells a product for $110 per unit. The variable cost is $65 per unit, and fixed costs are $288,000.
<u>To calculate the break-even point in units, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 288,000 / (110 - 65)
Break-even point in units= 6,400
<u>Now, we incorporate the desired profit in the formula:</u>
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (288,000 + 54,720) / 45
Break-even point in units= 7,616 units
Answer: Yes contract has been formed.
Explanation: According to the Uniform Electronic Transaction Act (UETA), electronic transactions are just as binding as transactions made on hardcopy documents. Moreover signatures made electronically reinforces the validity of these elctronic documents.
In the scenario the actual signature was signed on a hard copy by the seller, but it was then faxed back to the listing agent. This faxed copy, showing the faxed signature, is an electronic document that confirms the existence of the contract in accordance with the UETA. This faxed signature is as enforceable as an ink signature.
