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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

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Michael is a sales representative who spends a great deal of time out on the road and infrequently communicates with the rest of
hoa [83]

Answer: An Isolate

Explanation:

An Isolate is a person who is separated from others and so does not communicate with others a lot. This person most likely prefers to be alone and can do without human company or communication for extended periods.

Micheal is usually out on the road which means he is often separated from the rest of his colleagues and on top of that he infrequently communicates with them which are signs that he is an isolate.

5 0
2 years ago
You are the new manager in an Indian office. You ask one of your supervisors to move a desk and place it in another corner of th
Vesna [10]

The question is incomplete:

You are the new manager in an Indian office. You ask one of your supervisors to move a desk and place it in another corner of the office. The next day you notice it has not yet been done. Why?

-The supervisor was offended you asked him/her and refused to do anything about it

-The supervisor could not find a labourer to move it and would not do so him/herself

-Because things get done slowly in India

Answer:

-The supervisor could not find a labourer to move it and would not do so him/herself

Explanation:

India is a society with a high power distance. This means that there is hierarchy, inequality and employees expect directions. Also, decisions tend to be centralized and people in high positions expect privileges and a certain status. Because of that, in this situation the reason for not moving the desk from the options given is that the supervisor could not find a labourer to move it and would not do so him/herself as he/she considers that it is not part of the job as he/she has a higher position that doesn't involve to do that.

The other options are not right as the supervisor would not be offended a this is a culture in which people expect to receive orders and it is not related to things getting done slowly there.

4 0
1 year ago
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
yarga [219]

Answer:

$10,700

Explanation:

The unit product cost = $15 + $57 + $3 = $75

Sale revenue = $100 × 8,400 = $840,000

Less :Variable cost

Variable cost of goods sold = 8,400 × $75 = $630,000

Variable selling and administrative = 8,400 × $7 = $58,800

Contribution margin = $151,200

Fixed manufacturing overhead = $132,000

Fixed selling and administrative expenses = $8,500

Net operating income = $10,700

4 0
1 year ago
Essex Industries is considering the acquisition of Twinsburg Company in a stock-for-stock exchange. The following financial data
Ksju [112]

Answer:

The correct option is A,$8.10

Explanation:

The post merger earnings per share of the combined business is the post merger earnings divided by the post merger weighted average number of shares .

Post merger earnings is $43,740,000

Post merger number of shares is combination of Essex shares before merger plus the equivalent shares given to Twinsburg shareholders in the new company.

Essex  shares                          5,000,000

Twinsburg(0.4/1*1,000,000)      400,000

Total post merger shares       5,400,000

Earnings per share post merger= $43,740,000/5,400,000=$8.10

The correct option is A.

8 0
1 year ago
Identify the type of sampling used​ (random, systematic,​ convenience, stratified, or cluster​ sampling) in the situation descri
Sunny_sXe [5.5K]

Answer:

Cluster sampling

Explanation:

Cluster sampling is a type of sampling in which a population is divided into groups and one whole group from the division is randomly with every member of the chosen group  involved.

As in thr question, the phone number listings have been divided into groups of 400 and her name came up in the first group of the listing divisions to be considered, hence her selection.

Cheers.

6 0
2 years ago
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