Answer:
b. $69,754
b. $69,754
b. $69,754
b. $69,754
b. $69,754
b. $69,754
b. $69,754
b. $69,754
Explanation:
contribution = sales - variable cost
for Product B32L:
contribution = sales - variable cost
= 46,000 - 13800
= $32,200
for Product K84B:
contribution = sales - variable cost
= 27,000 - 14,670
= $12,330
total sales of the company = 46,000 + 27,000
= $73,000
total contribution of the company = $32,200 + $12,330
= $44,530
cotribution margin ratio = contribution/sales
= 44530/73000
= 0.61
break even point = fixed cost/cotribution margin ratio
= 42550/0.61
= $69,754
Therefore, The The break-even point for the entire company is closest to $69,754.
Answer:
$11880
Explanation:
Given that:
In a local Honda Dealership;
Last year, your dealership earned a record profits of $1.5 million
according to the local Chamber of Commerce, your earnings were 10 percent less than either of your competitors.
The Price Elasticity of demand E = - 4.5
Marginal cost of a midsized automobile = $11,000
Let assume that In your market, you compete against two other dealers
From The above given data , the objective is to determine the What price should you charge for a midsized automobile if you expect to maintain your record sales.
So; in order to achieve that ; we consider the scenario of an Oligopoly market by using the markup formula for homogeneous product Cournot Oligopoly which can be represented as:
P = 1.08 × 11000
P = $11880
Hence. the price you should charge for a midsized automobile if you expect to maintain your record sales is $11880
Answer:
C- Should be corrected as soon as they are discovered
Explanation:
If error occur in recording process they should be corrected as soon as they are discovered although the errors are usually unintentional mistakes made when recording . Small recording errors might cause major distortions in the overall figures.
Although the suspense account is the main method used to detect errors that cause discrepancies between the debit and credit balances of the trial balance in which
Adjusting entries are posted in the general ledger to correct errors detected in the trial balance.
Answer:
A common market
Explanation:
A common market has no barriers to trade among member countries, includes a common external trade policy, and allows factors of production to move freely among members.
A monetary union has all the features of a common market and participating countries have a common currency.
I hope my answer helps you.
