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]
3 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]3 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
Which of the following items appears on the income statement before income before income taxes?
Rudiy27

Answer:

C) Other revenues and gains.  

Explanation:

Other comprehensive income and comprehensive income items are reported under comprehensive income statement that is prepared after calculation of net income.

6 0
3 years ago
Chiquita produces bananas for an average explicit cost of $0.25 per banana and sells 1 million bananas per week for a price of $
VLD [36.1K]

Answer:

Chiquita makes an economic profit of $250,000.

5 0
3 years ago
 Margaret, a vegetarian, is looking for a mushroom with a meaty texture to grill and eat instead of a hamburger. Which of the fo
storchak [24]
C. Portobello, is a good example of a mushroom with a meat like texture.
4 0
3 years ago
Read 2 more answers
True or False the following are all examples of Significant Financial Interest (SFI) for NIH.
dexar [7]

Answer:

The answer is: D) a,b, and c

Explanation:

Significant financial interest (SFI) is anything of monetary value, whether that value can be determined or not, that belongs to: an investigator, the investigator's spouse, or any dependent children.

When an investigator receives funding from the NIH it must complete a Declaration Form including all the SFI acquired or discovered in the past year.  

Even if the stock worth only $1, it still has monetary value. The same for the $4000 paid to him for consulting work and the royalties worth $10,000.

7 0
3 years ago
How Carnegie used vertical integration to reduce competition and make his business more profitable?
fomenos
Carnegie used vertical integration to reduce competition and make his business more profitable Vertical Integration was incorporated into everything from mining the ore and coal, to shipping it to the factories, and etc. With the flow from one business to another Carnegie was able to protect the profit made by keeping it all in a sort of cycle formation within the family. This prevented competitor companies from being able to cut down <span>availability on the market as well as raising prices on the stock.</span>
8 0
3 years ago
Other questions:
  • If Vera buys 1/2 of of a kilogram of nuts,how much will she spend?
    12·1 answer
  • What kind of leadership style would be best to employ if quick decisions are needed on a team?
    14·1 answer
  • PL Inc. implements an information system to improve its supply chain. The system helps the organization to reduce wastes and opt
    9·1 answer
  • Any company claiming compliance with GAAP must comply with most standards and interpretations but does not have to follow the di
    7·1 answer
  • The _____ technique consists of having multiple raters above, equal to, and below the manager providing input into a manager's e
    6·1 answer
  • Find the after-tax return to a corporation that buys a share of preferred stock at $40, sells it at year-end at $40, and receive
    8·1 answer
  • Irving Corporation makes a product with the following standards for direct labor and variable overhead: Standard Quantity or Hou
    8·1 answer
  • Colby has been with a company since it opened. He currently has a lot of responsibility at work and is very good at
    5·2 answers
  • The carrying value of bonds at maturity always equals: Multiple Choice the amount of discount or premium. the amount of cash ori
    10·1 answer
  • 100 percent of your income after you re tire will probably come from social security
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!