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Naily [24]
2 years ago
5

Joe Corporation produces and sells two products. In the most recent month, Product C90B had sales of $19,950 and variable expens

es of $5,985. Product Y45E had sales of $26,190 and variable expenses of $10,476. The fixed expenses of the entire company were $17,000. If the sales mix were to shift toward Product C90B with total dollar sales remaining constant, the overall break-even point for the entire company:
Business
1 answer:
8_murik_8 [283]2 years ago
4 0

Answer:

Decrease

Explanation:

Calculation to determine overall break-even point for the entire company

Contribution margin for C90B = ($19,950-

$5,985)/$19,950

Contribution margin for C90B = 70%

Contribution margin for Y45E =( $26,190- $10,476)/$26,190

Contribution margin for Y45E= 60%

Therefore Based on the above calculation if the sales mix were to shift toward Product C90B with total dollar sales remaining constant, the overall break-even point for the entire company

Would DECREASE reason been that C90B have more contribution margin ratio of 70% compare to Y45E which had contribution margin ratio of 60%

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Answer:

See explanation

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3 0
3 years ago
Q 10.29: The current market interest rate for $1,000, 10-year bonds of large corporations in the food industry is 6.3 percent. I
Anuta_ua [19.1K]

Answer:

Convertible bond

Explanation:

Convertible bond refers to the bond in which the investor has an option to convert its bond into another form

By converting the bonds you get the lower interest rate as compared to before.

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3 years ago
Which type of economy best represents individual preferences and a lack of government interference?
goldenfox [79]

Answer:

Market

Explanation:

A market economy also is known as a free economy

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In the market economy, the government and the market are separated. It means that the government does not interfere with the operations of the market. Self-interests drive Individuals' and firms' actions. The economy will have a  wide range of goods and services which offer customer options when buying.

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5 0
3 years ago
In a market economy, what is TRUE of all trade?
Assoli18 [71]
The market is voluntary operated by the model mf supply and demand
3 0
3 years ago
What information must economists have to estimate the price elasticity of​ demand? To estimate the price elasticity of​ demand,
kkurt [141]

Answer:

C. the demand curve for a product.

Explanation:

Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.

Thus, to determine the value of elasticity, one must know what was the change in price and the change in quantity demanded. In a graph where price and quantity are the x and y axes, this can be obtained by observing changes in the demand curve points, which reflected the price change on one axis and the quantity change on another axis. Thus, it is sufficient to divide the percentage change in quantity demanded by the percentage change in price to find the price elasticity of demand.

3 0
3 years ago
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