answer.
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
aivan3 [116]
1 year ago
5

Break-Even Analysis The Parents for Better Schools of Fresno, California, collected recipes from members and published a cookboo

k entitled Food for Everyone. The book will sell for $20 per copy. The chairwoman of the cookbook development committee estimated that the club needed to sell 800 books to break even on its $3,600 investment. What is the variable cost per unit assumed in the Parents for Better Schools’ analysis? Round your answer to the nearest cent. $ per unit
Business
1 answer:
djyliett [7]1 year ago
5 0

Answer:

The variable cost per unit is $15.6

Explanation:

In this question, we are asked to calculate the variable cost per unit assumed in the Parents for better schools analysis

Mathematically, the Breakeven point can be calculated through the following formula:

Breakeven point = Fixed Cost/( Selling price per unit - Variable cost per unit)

From the question, we can identify the following;

The selling price per unit is $20

The Breakeven point = 800 books

Fixed cost = Amount invested = $3,600

Substituting these in the above written formula;

800 = 3,600/(20 - VC)

0.2222 = 1/(20-VC)

0.222(20-VC) = 1

4.44 - 0.22VC = 1

3.44 = 0.22VC

VC = 3.44/0.22 = 15.64

This is $15.6 to the nearest cent dollar per unit

You might be interested in
Judi Pendergrass is an account representative at Ever Pharmaceuticals. She has a company car for customer visits, which she uses
scoundrel [369]

Answer: None

Explanation: The IRS commuting rule allows for business travel expenses to be deducted as business expenses but this does not apply to commuting expenses.

Business travel expenses include Judi driving the company car to customer's locations or using any other form of transportation to meet a client. It even covers travelling by plane to another state for the same purpose.

It however does not apply to travelling between home and work, this is a daily travel expense as you need to get to work anyway.

8 0
2 years ago
In the company's accounting system all fixed expenses of the company are fully allocated to products. Further investigation has
PSYCHO15rus [73]

Answer:

= $132,000.

Explanation:

There are two types of fixed costs, general fixed cost and specific fixed cost.

<u><em>General fixed costs </em></u><em>are those that cannot be traced to a specific product rather they are incurred for the benefit of all of the product being produced. For example,the rent of the factory where three products are being produced</em>

So they are unavoidable should a product be ceased for production that is they would still be incurred either way.

<u>S</u><u><em>pecific fixed costs </em></u><em>are those incurred specifically for a particular product and as such they would be saved should the product be discontinued. For example , if a special machine  that cost $4000 a month to rent is used to produce a product. The $4000 would be saved should the production of the product ceases</em>

The net operating cost of the company would increase by the amount of the avoidable specific fixed cost:

=$90,000 + $42,000

= $132,000.

3 0
2 years ago
A society can produce two goods: donuts and beer. The society's production possibility frontier is negatively sloped and "bowed
monitta

Answer:

c. increases

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

The production possibility frontier is graph that shows the two combinations of goods that an economy can produce given its resocurces.

As the production of donuts increases, the amount of beers that would be forgone in order to increase production of donuts rises.

I hope my answer helps you

5 0
2 years ago
In order to generate the desired workforce skill, competencies, and behaviors that a firm needs to achieve its strategic goals,
nordsb [41]

Answer:

In order to generate the desired workforce skill, competencies, and behaviors that a firm needs to achieve its strategic goals, human resource management must first develop <u>HR policies</u>

Explanation:

Human resources (HR) policies are policies put in place as a form of guidance and protection for every worker within an organization.

When the issues that may arise among workers are sorted via HR policies, company can achieve its strategic goals effectively.

These policies include:

  1. At-will employment
  2. Anti-harassment and non-discrimination
  3. Employment classifications
  4. Leave and time off benefits
  5. Meal and break periods
  6. Timekeeping and pay
  7. Safety and health
  8. Employee conduct, attendance and punctuality
6 0
2 years ago
Read 2 more answers
For technology-based ventures, sometimes innovation results from recognizing an unsatisfied need in the marketplace, such as wit
Licemer1 [7]

Explanation:

Market pull can be defined as a strategy in which the organization develops a new product or service for customers to look for the company, which means bringing customers closer and gaining the advantage of loyalty and increasing the customer base.

The first example shows the market pull by developing a consumer need such as high-speed internet to replace a slower internet, that is, the company attracted consumers from a need that was not met in the market.

The advantages of this strategy are consumer loyalty , and the disadvantages may be the difficulty in designing a new product that meets the real needs of consumers and is well accepted in the market.

The "technology push" is the strategy used when companies are already recognized in the market enough to influence the demand for their products and services, and then launch new technological products with the expectation of creating the need in consumers from the value that the company have on the market.

The advantages of this strategy can be the increase in the brand value in the market, and the disadvantages can be spent on technological developments that may not be well accepted by consumers.

5 0
2 years ago
Other questions:
  • Casey is considering taking out a 30-year loan with monthly payments of $205 at an APR of 1.9%, compounded monthly, and this equ
    8·2 answers
  • A ten-year, inflation-indexed bond has a par value of $10,000 and annual coupon rate of 5 percent. During the first six months s
    5·1 answer
  • Jones, a consulting manager of Miller &amp; Co., is considering membership on an audit client's board of directors. Jones does n
    13·1 answer
  • Bella is opening a new web design business. Which sentence describes actions she can take to best ensure business success?
    5·1 answer
  • On January 15, 2020, Dolan Corp. adopted a plan to accumulate funds for environmental improvements beginning July 1, 2024, at an
    9·1 answer
  • Flax purchased $5,000 in equipment during 20X4. Flax allocated one-third of its depreciation expense to selling expenses and the
    15·1 answer
  • Rather than hiring a receptionist, a real estate agency decided to use an administrative services company to contract someone fo
    6·1 answer
  • During its first year of operations, Anthony Lupa set up Lupo Inc. and invested $15,000 in the corporation. The company earned $
    8·1 answer
  • On the last day of December 2016, Camreyâs Trucks entered into a transaction that resulted in a receipt of $216,000 cash in adva
    15·1 answer
  • Which are the four functions motor freight terminals usually serve?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!