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
suter [353]
3 years ago
14

Adams Company manufactures two products. The budgeted per-unit contribution margin for each product follows: Super Supreme Sales

price $ 95 $ 124 Variable cost per unit (58 ) (74 ) Contribution margin per unit $ 37 $ 50 Adams expects to incur annual fixed costs of $227,880. The relative sales mix of the products is 60 percent for Super and 40 percent for Supreme. Required Determine the total number of products (units of Super and Supreme combined) Adams must sell to break even. How many units each of Super and Supreme must Adams sell to break even
Business
1 answer:
vagabundo [1.1K]3 years ago
3 0

Answer:

Expected contribution as per sales mix = $37*0.60 + $50*0.40

= $22.20 + $20

= $42.20 per unit

Total number of products in total at break even point = Total fixed cost / Contribution per unit

= $227,880 / $42.20 per unit

= 5,400 units

How many units each of Super and Supreme must Adams sell to break even?

<u>According to sales mix:</u>

Super = 5,400 * 60% = 3,240 units

Supreme = 5,400 * 40% = 2,160 units.

You might be interested in
There are 300 purely competitive farms in the local dairy market. of the 300 dairy farms, 298 have a cost structure that generat
Stells [14]

Answer:

The percentage rate of return for these 298 dairies is 6%

Explanation:

The percentage rate of return is calculated by dividing the profits by total investment, so the given information in the question is,

profits = $18

investment = $300

percentage rate of return = 18/300 = 0.06 = 6%

4 0
3 years ago
How can professional education improve the life of people​
devlian [24]

The education or educational programs which helps us to get the required practical and theoretical knowledge is called professional education. If we are provided with professional education it helps us to improve the lifestyle of people. We get job according to our knowledge. Which means if we have got professional education it helps us to get better job which provides us with good amount of money. And if we provided with better money our standard of living becomes good.

3 0
2 years ago
To guard against halo error interviewer must avoid being_______
Dennis_Churaev [7]

Answer:

remain actively aware of the fact that there is little or no connection between separate, objective competencies. Just because an individual scores highly in one area has no relation to how they will fare in other areas.

please mark me as the brainliest

hope it helps

3 0
3 years ago
Read 2 more answers
Canyon Buff Corp. is considering the purchase of a new piece of equipment which would cost $11,000. This equipment will have a f
Furkat [3]

Answer:

Tax shield on depreciation = 600

Explanation:

given data

new piece of equipment = $11,000

salvage value = $1,000

marginal tax rate = 30%

average tax rate = 20%

time period = 5 year

to find out

net effect of annual depreciation on the free cash flow

solution

we know here cost of asset and  Salvage value so we get depreciation cost  

depreciation cost is = 11000 - 1000 = 10000  

and

annual depreciation = 2000  

so that Tax shield on depreciation will be

Tax shield on depreciation = 2000 × 30%

Tax shield on depreciation = 600

5 0
3 years ago
Suppose the demand for good x is lnqxd = 21 - .8lnpx - 1.6lnpy + 6.2lnm + .4lnax. then we know that the own-price elasticity for
serg [7]

Answer: Inelastic

Explanation:

The coefficients in a log-log model represent the elasticity of your dependent variable with respect to your independent variable. In other words, the coefficient in a log-log demand model is the estimated percent change in Q_{xd} with respect to a percentage change in the independent variables like P_{x}, P_{y}, M, A_{x}, etc.

Thus, coefficient of P_{x} represents the elasticity of demand for good X with respect to Price of good x. So, Own-price elasticity of good x is 0.8.

Since this is less than 1 the good is relatively inelastic.

5 0
3 years ago
Other questions:
  • Big Game, Inc., is a manufacturer of hunting supplies. The following is a summary of the company's annual payroll-related costs:
    6·1 answer
  • How many days will it take for $1500 to earn $16 interest if it is deposited in a bank paying simple interest at the rate of 4%/
    8·1 answer
  • Select the correct answer from each drop-down menu. What is the basis for the calculation of interest payable by various financi
    13·1 answer
  • A business’s total revenue for a specified period is $500,000, its operating expenses are $50,000, and its net profit if $150,00
    6·1 answer
  • Both the satisfaction of creating new products and the possibility of earning money are _____ for an entrepreneur. risks incenti
    5·2 answers
  • Greg had selected 8 intervals total to service. He logged in on time for each interval, but ended up logging out 5
    7·1 answer
  • Who wants to talk??? :)
    15·2 answers
  • Diamond Boot Factory normally sells their specialty boots for $26 a pair. An offer to buy 70 boots for $18 per pair was made by
    5·1 answer
  • Can anybody please help me with my questions? I need help ASAP ,go in my profile at the questions to check and please help me I
    8·1 answer
  • Mansfield Corporation purchased a new warehouse at the beginning of Year 1 for $ 1,000,000 . The expected life of the asset is 2
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!