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Monica [59]
2 years ago
9

Use the following information to determine the break-even point in units (rounded to the nearest whole unit): Unit sales41,000 U

nits Unit selling price$15.45 Unit variable cost$9.40 Fixed costs$177,000
Business
1 answer:
Nesterboy [21]2 years ago
6 0

Answer:

29,257 units

Explanation:

The break-even point is reached when the revenue from sales equals total variable plus fixed costs.

The break-even point, in units is:

x*\$15.45 = \$177,000+(x*\$9.40)\\x=\frac{\$177,000}{\$15.45-\$9.40} \\x=29,256.20

Rounding up to the nearest whole unit, the break-even point is 29,257 units.

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Explanation:

The institutional investors that most likely must spend a target percentage of the portfolio annually is the endowments.

Endowment fund refers to the long term fund that is used for perpetual operations and usually set up by colleges or in hospitals

The fund then covers the expenses relating to provision of services for the students. A portion of the endowment is allowed to be use for every fiscal year.

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1 year ago
If the total costs of producing 1,500 units of output is $13,500 and this output sold to consumers for a total of $18,000, then
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