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
grandymaker [24]
2 years ago
11

Dorian company produces and sells a single product. the product sells for $60 per unit and has a contribution margin ratio of 40

%. the company's monthly fixed expenses are $28,800. of dorian company desires a monthly net operating income equal to 10% of sales, monthly sales will have to be:
Business
1 answer:
Rudik [331]2 years ago
3 0
<span>Contribution margin ratio is 40% or $24 per unit Fixed expenses are $28,800 Variable expense per unit is $36 Assuming Q is quantity, sales needed to achieve monthly net equal to 10% of sales is Sales = Variable expenses + Fixed expenses + profit $60Q = $36Q + $28,800 + ($60Q x 10%) $18Q = $28,800 Q = 1600 units Monthly sales will have to be 1600 x $60 = $96,000</span>
You might be interested in
The staff training center at a large regional hospital provides training sessions in CPR to all employees. Assume that the capac
RideAnS [48]

Answer:

95%, 73.1%

Explanation:

Actual output= 950 per year

Design capacity= 1300 per year (Theoretical capacity)

Effective capacity= 1000 per year (efficiency of the shop)

Now Efficiency = actual output/effective capacity = 950/1000 = 0.95, 95.0%

Utilization= actual output/ design capacity = 950/1300 = 0.7308, 73.1%

4 0
2 years ago
Decker's is an all-equity financed chain of retail furniture stores. Furniture Fashions produces furniture and is the primary su
Vinil7 [7]

Answer:

13.968%

Explanation:

Discount is defined as a deduction from the selling price of a product, and it is used as a way to attract more customers by using price advantage compared to competitors.

The following formula can be used to calculate discount

Discount rate = Rate of return + Competitor's beta (market risk premium)

Discount rate = 0.031 + 1.43(0.076)

Discount rate= 0.13968= 13.968%

5 0
2 years ago
Read 2 more answers
Which of the following indicators is not considered when determining whether performance obligations are satisfied at a point in
otez555 [7]

Answer:

The correct answer is letter "B": The customer is likely to reject delivery of the asset.

Explanation:

In the corporate world, contract performance obligations are those established by two parties one to manufacture or render and deliver goods or services and the other to receive them. That contract can be signed in front of sales, resales, granting rights or constructing or developing an asset.

<em>Facts such as the right to payment for the goods, the client's risk of ownership of the title and the goods themselves can determine if the performance obligations are met or not but the possibility that represents the customer could reject the delivery of the product will not.</em>

4 0
2 years ago
Consider two firms, Firm X and Firm Y, that have identical assets that generate identical cash flows. Firm Y is an all-equity fi
ioda

Answer:

As per MM proposition total capital would remain same.

which implies share price = (24-12)/2= $6 per share

7 0
2 years ago
Hache Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding D
uranmaximum [27]

Answer:

C. $2.007

Explanation:

The computation of cost per equivalent unit for conversion costs is shown below:-

For calculating the cost per equivalent unit for conversion costs first we need to find out the equivalent unit of conversion and conversion cost which is shown below:-

Equivalent unit of conversion = Completed units + (Ending units × Complete percentage)

= 92,000 + (14,000 × 90%)

= 104,600 units

Conversion cost = Beginning inventory + Total of conversion cost

= $7,480 + $202,400

= $209,880

Cost per equivalent unit of conversion cost =  Conversion cost ÷ Equivalent unit of conversion

= $209,880 ÷ 104,600

= $2.007

4 0
2 years ago
Other questions:
  • ​if, to avoid a​ boycott, grocery stores did not raise the price of​ pasta, _____ would arise and the price would​ _____.
    13·1 answer
  • Wood Carving Corporation manufactures three products. Because of a recent lack of skilled wood carvers, the corporation has had
    10·1 answer
  • A firm is currently producing 100 units of output per day. The manager reports to the owner that producing the 100th unit costs
    14·1 answer
  • A Japanese investor can earn a 1 percent annual interest rate in Japan or about 3.5 percent per year in the United States. If th
    7·1 answer
  • A farmer sells $25,000 worth of apples to individuals who take them home to eat, $50,000 worth of apples to a company that uses
    7·1 answer
  • QUESTION 7 ____ is essential to the selling process because it leaves a good impression and eases the way toward future sales. a
    7·2 answers
  • Ariana is the CEO of a corporation that hires nonunion labor. According to the theory of efficiency wages, if she decides to pay
    9·1 answer
  • Heidi ganahl's life story helps the employees and franchisees of camp bow wow understand _____.
    10·1 answer
  • Kohl Co, provides warranties for many of its products. The January 1, 2019, balance of the Estimated Warranty Liability account
    7·1 answer
  • Price controls on rents are frequently implemented by governments in an effort to protect renters from high housing prices. Diff
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!