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
insens350 [35]
2 years ago
7

Mauro Products distributes a single product, a woven basket whose selling price is $28 per unit and whose variable expense is $2

3 per unit. The company’s monthly fixed expense is $9,500. Required: 1. Calculate the company’s break-even point in unit sales. 2. Calculate the company’s break-even point in dollar sales. (Do not round intermediate calculations.) 3. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar sales? (Do not round intermediate calculations.)
Business
1 answer:
Ket [755]2 years ago
3 0

Answer:

Results are below.

Explanation:

<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= 9,500 / (28 - 23)

Break-even point in units= 1,900 units

<u>To calculate the break-even point in dollars, we need to use the following formula:</u>

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)=  9,500 / (5 / 28)

Break-even point (dollars)= $53,200

<u>Finally, the fixed costs increase to $10,100:</u>

Break-even point in units= 10,100 / 5

Break-even point in units= 2,020 units

Break-even point (dollars)= 10,100 / (5/28)

Break-even point (dollars)= $56,560

You might be interested in
Career fulfillment means:
castortr0y [4]
Answer is a hope this helps cause its like common sense
6 0
2 years ago
Read 2 more answers
Suppose a worker is offered a wage of $8 per hour, plus a fixed payment of $100 per day, and she can use 24 hours per day. what
Allushta [10]

Suppose a worker is offered a wage of $8 per hour, plus a fixed payment of $100 per day, and she can use 24 hours per day. The Market rate of substituion between leisure & income is $8 per day.

Because the budget line FE describes the opportunities available to a worker who has $100 of nonlabor income per week, faces a market wage rate of $10 per hour, and has 110 hours of nonsleeping time to allocate between work and leisure activities This means that the person will choose the level of goods and leisure that lead to the highest possible level of the utility index given the limitations imposed by the budget constraint.  

Leisure is the time when you are free from work or other duties and can relax.

Limitations the act of controlling the size or extent of something the act of limiting something.

Budget is a spending plan based on income and expenses.

To know more about the Leisure here

brainly.com/question/1558173

#SPJ4

3 0
2 years ago
Usually, the human resources department administers a(n) ____ program to introduce new employees to the organization.
puteri [66]
<span>Usually, the human resources department administers an orientation program to introduce new employees to the organization.</span>
The orientation program focuses on orienting new employees to their workplaces and their jobs and help in the retention of employees<span> but also in the increases in employee productivity. </span>
7 0
3 years ago
Winsor Construction Company uses the percentage-of-completion method of accounting. In 2007, Winsor began work on a contract it
Aleksandr-060686 [28]

Answer:

The gross profit recognized in 2007 is $1,200,000

Explanation:

Use the following formula to the percentage of completion

Percentage of completion =  Total Cost / Contract price

Total cost = Cost incurred to date + Estimated cost to complete = $3,600,000 + $2,400,000 = $6,000,000

Contract price = $7,500,000

Placing values in the formula

Percentage of completion =  $6,000,000 / $7,500,000 = 0..80 = 80%

Use the following formula to calculate the gross profit

Gross profit = Contract price - Total Cost = $7,500,000 - $6,000,000 = $1,500,000

Now calculate the gross profit recognised as follow

Gross profit recognised = Gross profit x Percentage of completion = $1,500,000 x 80% = $1,200,000

4 0
3 years ago
MC Qu. 116 CWN Company uses a job order costing... CWN Company uses a job order costing system and last period incurred $70,000
-BARSIC- [3]

Answer:

85%

Explanation:

With regards to the information above, predetermined overhead will be computed as;

Predetermined overhead = (Estimated overhead / Expected labor cost) × 100

Estimated overhead = $85,000

Expected labor cost = $100,000

Then,

Predetermined overhead = ($85,000 / $100,000) × 100

Predetermined overhead = 85%

Therefore, its predetermined overhead rate for the next period should be 85%

4 0
3 years ago
Other questions:
  • Does a waterman have to sell his oysters to a certified dealer
    15·2 answers
  • Jean paid $18,489 for a new car. calculate the total cost of the car if she financed it at an interest rate of 3.5% for 4 years.
    15·2 answers
  • 4. Problems and Applications Q4 A price change causes the quantity demanded of a good to increase by 12%, while the total revenu
    9·1 answer
  • Tomas recently graduated with honors from his college. He has bragged to his friends that his academic performance has prepared
    7·1 answer
  • The net income for Sheridan Company for 2020 was $350,000. For 2020, depreciation on plant assets was $69,700, and the company i
    6·1 answer
  • A business acquires a new software​ product, installs it on its​ hardware, and converts the data to be processed by the software
    8·1 answer
  • Predetermined Overhead Rate, Applied Overhead, Unit Cost Ripley, Inc., costs products using a normal costing system. The followi
    10·1 answer
  • Quentin operates an ice cream franchise which has shops throughout the United States. CoolCream Co., the franchisor, supplies th
    15·1 answer
  • A company is considering a 3-year project that requires paying $5,000,000 for a cutting-edge production equipment. This equipmen
    11·1 answer
  • Velocity, a consulting firm, enters into a contract to help Burger Boy, a fast-food restaurant, design a marketing strategy to c
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!