fanning corporation sells products for $26 each that have variable costs of $12 per unit. fanning’s annual fixed cost is $312,200. required use the per-unit contribution margin approach to determine the break-even point in units and dollars.

Answers

Answer 1

If fanning corporation sells products for $26 each that have variable costs of $12 per unit  The break-even point in units and dollars is = 678695.6522.

A breakeven point is used in more than one regions of commercial enterprise and finance. In accounting terms, it refers to the manufacturing stage at which total production revenue equals total production prices. In investing, the breakeven point is the factor at which the unique price equals the marketplace charge. meanwhile, the breakeven point in options trading takes place while the marketplace charge of an underlying asset reaches the level at which a consumer will no longer incur a loss.

Break-even point = Total fixed cost /Contribution per unit

Contribution per unit = Selling priced - variable cost

                                    = 26 -12

                                   = 14

Break even point in dollar = Total fixed coxt / Contribution ratio

Contribution ratio                 = Contribution / selling price

                                              = 12/26

                                                = 46%

Break even point in dollar    = 312,200/46%

                                               = 678695.6522

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Related Questions

Carlos is the VP Sales for a consumer electronics company and has recently been reviewing the performance feedback and employee satisfaction reviews. He noted that several sales representatives mentioned that they dissatisfied with the amount of commission they receive. Carlos wants to retain the best sales representatives rather than risk losing them to a competitor so he's trying to determine whether or not he should raise the percentage of commission representatives might receive on their sales. What management function best describes Carlos' activity?

Answers

Answer:

Compensation.

Explanation:

According to the information in the question above, it can be said that Carlos is exercising the function of compensation management. His functions are related to the compensation that employees receive for carrying out their work. Compensation managers are also responsible for maintaining the rules of benefits in compliance with management and legality, in addition to developing strategies that assist in retaining and hiring employees and all types of data and information on compensation in the organization.

The long-run aggregate supply curve is vertical at the level of output: a. at which the inflation rate is zero. b. at a predetermined price level. c. at which unemployment is at its natural rate. d. determined by aggregate demand.

Answers

The long-run aggregate supply curve is vertical at the level of output (c) at which unemployment is at its natural rate.

Because this is the amount that would be generated once prices are completely capable of adjusting, the LRAS curve is vertical at full employment as well. Some prices are persistent in the near term. This implies that producers may alter their output in response to changes in the price level.Businesses won't modify the amount of Real GDP output they create when the price level changes. Wages and resource prices are changeable over the long term. Wages will rise by the same amount as price levels do. At full employment, the long-run aggregate supply curve (LRAS) is vertical.

When unemployment is at the natural rate?

Natural unemployment, also known as the natural rate of unemployment, is the level of unemployment that continues in an economy that is thought to be operating at "full employment." It implies that there is never zero unemployment in an economy and is a hypothetical rate of unemployment.

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Which of the following is NOT an example of a metric
?

Answers

Answer:

can you tell me what the choices are and I'll answer in the comments

Explanation:

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huge differences in the wealth of relatively similar countries such as north and south korea are an example of how different and political conditions affect businesses. multiple choice question. cultural social economic geographic

Answers

Huge differences in the wealth of relatively similar countries such as North and South Korea are an example of how different economics and political conditions affect businesses.

How economic and political conditions affect businesses?

The economy encompasses all actions carried out in a nation that are related to the production, usage, and distribution of products and services. Business operations are significantly impacted by the economy. Consumer spending has an impact on prices, investment choices, and the number of employees that businesses hire.

One of the main difficulties in doing business internationally is the subtleties of a given nation's politics. Political leaders frequently make decisions that affect taxation, transportation, education, and labor legislation, all of which have an impact on business.

The market's changing economic conditions have an impact on all businesses, whether they are domestic or global. Among the various economic elements that influence business are interest rates, supply and demand, the recession, inflation, etc.

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The fed's primary tool to change the money supply is?

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The Federal Reserve's primary tool to change the money supply is open market operations, which involve buying and selling government securities to inject or withdraw money from the banking system, thereby influencing the overall money supply.

The Federal Reserve's primary tool to change the money supply is open market operations. Open market operations involve the buying and selling of government securities, such as Treasury bonds, in the open market.

1. The Federal Reserve decides to increase or decrease the money supply.

2. If the Fed wants to increase the money supply, it buys government securities from banks and other financial institutions in the open market.

3. By purchasing these securities, the Fed injects money into the banking system, increasing the reserves held by banks.

4. The increased reserves enable banks to lend more money to businesses and individuals, thereby expanding the money supply.

5. Conversely, if the Fed wants to decrease the money supply, it sells government securities to banks and other financial institutions.

6. Selling securities reduces the reserves of banks, limiting their ability to lend and contracting the money supply.

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When all companies and their managers in a society behave in a socially responsible way, business increases, quality of life increases, and a climate of caring will pervade. lawlessness all but ceases to exist. people look after their own interests. small business starts increase. inflation decreases.

Answers

Available Options Are:

A. A climate of caring will pervade.

B. Lawlessness all but ceases to exist.

C. People look after their own interests.

D. Small business starts increase.

E. Inflation decreases.

Answer:

Option A. A climate of caring will pervade.

Explanation:

When the people in a society start acting socially responsible which means that they value every single life on earth because acting socially means sustainability which says that the future generation needs must not be compromised in meeting current generation needs. Hence when everyone will be thinking as a socially responsible person then their will be a climate of care and every life matter would be understood by every single person on earth.

The climate of caring will pervade. Hence the option A is correct.

What is the climate of caring?

The climate of caring is the extent to which an individual views a particular setting to safe and inviting safe, supportive, and able to give the experience of being evaluated and respected.

It is also referred to as climate psychology and helps us in understating the employee's relationship with their work environment.

Hence the all companies managers in the society should behave in a socially responsible way.

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Employment-at-will allows the employer to fire for any reason, but the employee cannot leave without notice.
True
False

Answers

Answer:

Very extremely true

a small, self-service store that is open long hours and carries a narrow assortment of products, usually convenience items is called a:

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The small, self-service store that is open long hours and carries a narrow assortment of products, usually convenience items is called a convenience store.

A general store, bodega, comfort shop, corner store or corner shop is a little retail business that stocks a scope of regular things, for example, espresso, food, nibble food varieties, candy parlor, soda pops, frozen yogurts, tobacco items, lottery tickets, non-prescription medications, toiletries, papers and magazines.

A small retail establishment known as a convenience store, bodega, convenience shop, corner store, convenience shop, soft drinks, ice cream, tobacco products, lottery tickets, over-the-counter drugs, toilet products, and coffee are all examples of convenience stores.

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When a securities firm acts as a(n) ____, it makes a market in specific securities by maintaining an inventory of those securities.

Answers

Answer:

The correct approach is "dealer".

Explanation:

Dealers would provide money supply to financial products whilst also trying to establishing a working capital of those that have been exchanged at a small concentration. By mobilizing savings, dealers generate more money out of the expansion respectively bids and start questioning for quotes. To make profits, individuals consider purchasing lesser at either the contract offer, as well as take revenue at either the request and then, have a high turnover.

Doris is a member of a team that works to seamlessly execute a large company’s annual shareholder meeting and quarterly board meetings on an ongoing basis. Doris is an employee in the investor relations department of the company. The team also includes Don from IT, Sally from Communications, Editha from event management, Saul from security, Tony from catering, Rob from transportation services and Lola from Marketing. This team is an example of what kind of team?

Answers

Answer: Cross functional team

Explanation:

Cross functional team could be defined as a team of people from their parent department in an organization, coming together to work for another purpose. This is a scenario were people in addition to their existing department's in organization work for another function. This works for short term committee, to meet up a project or task.

An international business is a firm that
Part 2
A. hires​ non-U.S. citizens.
B. produces a wide range of products.
C. is not from the United States.
D. engages in international trade or investment.

Answers

Option D: An international business is a firm that engages in international trade or investment.

Therefore, the correct answer is option D. An international business is a company that conducts business across national borders. This can include importing and exporting goods, investing in foreign markets, and operating in multiple countries.

It is not necessarily defined by the nationality of its employees, the range of products it produces, or the country in which it is headquartered. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.

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a firm acquired an assset on 1st Apri, 1990 at a cost of Le 30,000. The useful life of the asset is expected to be 10 years. The estimated scrap value of the asset at the end of the year is Le 2,000. Show the provision for depreciation account for the first 3 years in the life of the asset using the Straight line method​

Answers

Answer:

First year : Le 2100

Second year : Le 2800

Third year : Le 2800

Explanation:

Given the following :

Cost of equipment = 30,000

Useful years = 10

Salvage or scrap value = 2,000

depreciation account for the first 3 years in the life of the asset using the Straight line method :

Straight line Depreciation :

(Cost - salvage value) / useful years

First year: (April - December 1990)

April - December 1990 = 9 months

(30,000 - 2000) / 10 × 9/12

28000 / 10 × 0.75 = Le 2100

Second year:

(30,000 - 2000) / 10 × 12/12

28000/ 10 = Le 2800

Third year:

(30,000 - 2000) / 10 × 12/12

28000/ 10 = Le 2800

What percent of adults, nationally, were current on all credit payments in the last year?




Your friend sees your answer to #1 and assumes that each of those people has a high credit score. Why is your friend incorrect?




How does your state’s on-time payment record compare to the national rate?




Find your county within your state. How does your county’s rate compare to your state’s rate of on-time payment?




If you look at the state shading on the map, it seems on-time payment rates are somewhat clumped geographically. What might cause that “clumping?”




Based on prior learning, name two reasons that paying your credit card or loan bill late has serious consequences.

Answers

The percentage of adults, nationally, that were current on all credit payments in the last year is 78.5% .

Your friend is incorrect in assuming that all will have high credit scores. because base on the fact that a lot young adults have no credit experience.  They are said to often have a high balance on too many credit card.

The state’s on-time payment record compare to the national rate is known to be Texas who are said to have an on-time payment record of 6.7% that is known to be lower than the national rate.

Miral county’s payment rate is 80%, 10% higher than the state of Texas.

The “clumping may be due to the types of jobs that are available to certain states.

The reasons our credit card or loan bill paid late?

The  reasons why our credit card or loan bill late said to be late is known to have a lot of serious effects if not managed. It can lead to:

Credit score reduction drastically, that can affect your credit report badly.It can also  affect the types of opportunities, etc. that one can get through the credit bureau.

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Why do the media sensationalize issues?
A.
to generate interest in a story, attracting readers or viewers
B.
to ensure that both sides of a story are explored
C.
to remove bias from a story
D.
to make sure that only the most important issues get news coverage


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

A. to generate interest in a story to attract viewers and readers

what do you think when will the lookdown open in nepal and india ?
and do not report, and why will you report if u have a specific reason then i will think, but this is my doubt.

Answers

Answer:

maybe August

Explanation:

school opens in August, so, maybe then?

Hope you have a great day

An architect’s functions may include which of the following? (SELECT ALL THAT APPLY.)

-planning and designing houses, commercial buildings, and other structures
-ensuring worksite safety
-collaborating with engineers
-acting as a construction manager and supervising contractors

Answers

The answer is a b and d

Answer:

the answer is planning, ensuring, and acting

What are Advantages of having good Credit Score? Choose the best three that apply.

Saving on Insurance rate
Car loan Interest rate
Getting in to a Good College
Getting a Good Cell phone Plan

Answers

I’m pretty sure it’s
-saving on insurance
-car loan
-getting good cell phone plan

the first step in the target market selection process is

Answers

Identifying a target strategy

nikki bowles, recently promoted to a frontline management position, quickly learned that her manager, tim davis, would often delegate decision making to her. tim told her, "i want you to make as many decisions at your level as possible, because

Answers

As Tim Davis would often delegate decision making to her, he will most likely told her, "I want you to make as many decisions at your level as possible, because you deal directly with problems and opportunities and thus have the most relevant information."

What is known as a delegation?

In management, a delegation refers to the assignment of authority to another person to carry out specific activities. It is also defined as a process of distributing, entrusting work to another person, and this is known as one of the core concepts of management leadership.

The process of delegation involves the managers deciding which work they should do themselves and which work should be delegated to others for completion. So, from a managerial view, a delegation involves shifting project responsibility to team members and by giving them opportunity to finalize the work product effectively with a minimal intervention.

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Why is the interest rate one of the biggest factors when calculating the financial charges on credit cards?

Answers

In a loan, the interest rate is considered as the biggest factors in calculating finance charges because the interest rate adds a percentage of money not already spent to pay towards the credit cards if not paid in full each month.

What is an interest rate in loan?

The term "interest rate" is a rate that tells you how high the cost of borrowing is or high the rewards are for saving. As a borrower, an interest rate is the amount you are charged for borrowing money which is shown as a percentage of the total amount of the loan.

In a loan, the finance charge means the total cost of borrowing money which includes the interest paid and any service fees by the lender which is why the interest rate is a big factor in calculating finance charges of credit cards.

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How can you determine your net worth?

Answers

Answer:

How much money do you make in 1 year that is your net worth

Explanation:

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following

Answers

It can be seen from the solutions given that Cain's net income is $24,000.

Here is the solution:

Net income = Net cash provided by operating activities - Adjustments

= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000

= $24,000

Therefore, Cain's net income is $24,000.

Here is a breakdown of the adjustments:

To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.

A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.

The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.

A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.

A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.

A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.

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5. Which of the following is an example of budgeting?
A. Mike spends all of his money on comic books.
B. Robert sets aside a certain amount each month to afford a new basketball hoop.
C. Jeremy considers what he wants to do after high school.
D. Alan earns money by putting his money in a bank account.

Answers

Answer:

correct answer is B

Explanation:

Mike does not budget, because budgeting means actively spending less to save for something else, but mike spends all his money on comics.

Robert is budgeting so he can buy a new basketball hoop

Jeremy is thinking through a complex question that has nothing to do with money spending or saving

Alan doesn't make sense because the only money you get by banking your money is annual interest but i know he isn't budgeting.

what is a customer retention?

Answers

Answer:

Customer retention refers to a company's ability to turn customers into repeat buyers and prevent them from switching to a competitor. As a performance metric, it indicates whether your product and the quality of your service please your existing customers.

Explanation:

can i have brainliest

Customer retention is keeping customers as repeat customers. Repeat customers come back to make purchase more then one time.

Expertly and clearly explain which East African and Southern African countries are the world’s most important destinations for Safari Tourism? And why are they important?

Answers

Safari Tourism is a prominent type of tourism in Africa.

There are a number of countries that are home to the most popular destinations for Safari Tourism. East African countries and Southern African countries are both important destinations for safari tourism. Tanzania, Kenya, Uganda, and Rwanda are the most important East African countries for Safari Tourism.

The main reasons why these countries are important for Safari Tourism include:

1. The annual Wildebeest migration in the Serengeti, which is considered one of the world's most stunning natural events.

2. The Great Rift Valley, which is home to an array of animals such as lions, cheetahs, and elephants.

3. The Ngorongoro Conservation Area, which is home to one of the world's largest and most diverse herds of animals.

4. South Africa, Zimbabwe, Botswana, Namibia, and Zambia are the most important Southern African countries for Safari Tourism.

5. The Okavango Delta in Botswana, which is home to an array of wildlife such as lions, elephants, and crocodiles.

6. The Kruger National Park in South Africa, which is one of the world's largest game reserves.

7. The Victoria Falls in Zambia and Zimbabwe, which are considered one of the world's most stunning natural wonders.

8. The Namib Desert in Namibia, which is home to an array of animals such as giraffes, zebras, and hyenas.

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If jack consumes 3 popsicles and 1 ice cream cone, then: a. He still has $5 left to spend. B. The price of ice cream must have increased to $8. C. The price of popsicles must have decreased. D. None of these are true

Answers

The most accurate answer would be option D) None of these are true as we do not have enough information to draw conclusions about the prices of popsicles and ice cream cones or Jack's remaining money.

If Jack consumes 3 popsicles and 1 ice cream cone, we cannot directly determine the changes in the prices of popsicles or ice cream cones. However, we can analyze each option:


A. If Jack still has $5 left to spend, it indicates that he has spent a certain amount on the popsicles and ice cream cone, but without knowing the initial amount of money or the prices, we cannot confirm this.


B. The price of ice cream increasing to $8 is a possibility, but we cannot conclude this solely based on the given information about Jack's consumption.


C. The price of popsicles decreasing is another possibility, but again, we cannot confirm this without knowing the initial prices and Jack's total spending.


D. Since we cannot confirm any of the previous statements, the most accurate answer would be "None of these are true," as we do not have enough information to draw conclusions about the prices of popsicles and ice cream cones or Jack's remaining money.

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The owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50,000. He figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. How many cords of wood would he have to split with this machine to break even

Answers

Answer:

The correct answer is "2000 units".

Explanation:

Given:

Fixed cost,

F = $50,000

Variable cost,

VC = $100 per unit

Price,

P = $125 per unit

Let the units to be sold be "x".

Throughout the case of breakeven,

⇒ \(Total \ revenue=Total \ cost\)

⇒                \(125x=50000+100x\)

On subtracting "100x" from both sides,

⇒    \(125x-100x=50000+100x-125x\)

⇒                  \(25x=50000\)

⇒                      \(x=\frac{50000}{25}\)

⇒                         \(=2000 \ units\)

The government decides to impose a per-unit tax on the bottle industry to help cover revenue shortfalls in the annual budget.

Use the graph below to answer the questions.
------------------------------------------------------------------------------

The per-unit tax has generated total tax revenue of:

Multiple Choice

-$1 million

-$2 million

-$5 million

-$10 million

-$12 million


------------------------------------------------------------------------------------------

The deadweight loss created by the per-unit tax is equal to the area

Multiple Choice

-AKB

-KBC

-ACM

-ABL

-ABC

The government decides to impose a per-unit tax on the bottle industry to help cover revenue shortfalls

Answers

The per-unit tax has generated total tax revenue of D. $10 million.

The deadweight loss created by the per-unit tax is equal to the area D. ABL.

What is the tax generated ?

The tax generated is:

= 5 x 2 burden on producers and consumers

= $ 10 million

What is Deadweight loss?

Deadweight loss refers to the loss of economic efficiency that occurs when the equilibrium of a market is not Pareto optimal.

The deadweight loss is the area of ABL, This is because Deadweight loss can be calculated as the area between the supply and demand curves from the socially efficient level of production to the new equilibrium.

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a task force is _____ committee(s) formed to solve a specific problem.

Answers

A task force is a temporary committee formed to solve a specific problem.

A task force is a committee is usually composed of individuals with relevant expertise who are brought together to collaborate and address the issue at hand. The steps involved in forming and utilizing a task force are as follows:

1. Identify the specific problem that needs to be solved.

2. Determine the objectives and goals of the task force.

3. Select the members of the task force, ensuring that they have the necessary skills and experience to contribute effectively.

4. Establish a clear timeline and milestones for the task force to achieve its goals.

5. Facilitate regular communication and collaboration among task force members.
6. Monitor progress and adjust strategies as needed to ensure the task force stays on track.

7. Evaluate the effectiveness of the task force upon completion of its objectives, and disband the committee once the problem has been resolved.

Task forces can be formed by government agencies, businesses, non-profit organizations, or other groups. The goal of a task force is to bring together individuals with different perspectives and skills to develop solutions and strategies for addressing the problem. Once the task force has completed its work, it is typically disbanded, and the solutions and strategies that were developed are implemented.

In summary, a task force is a temporary committee that is specifically formed to address and solve a particular problem, bringing together individuals with relevant expertise to work collaboratively towards achieving the task force's goals.

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You purchased a rare baseball card for $10,000 as an investment. Five years later you accidentally spilled coffee on it while working on your finance exam and were forced to sell it for $5,500. What rate of return did you earn

Answers

Based on the information provided, the rate of return on your investment can be calculated using the formula for simple rate of return.

Simple rate of return = (Ending value - Beginning value) / Beginning value x 100%

In this case, the beginning value of the investment is $10,000 and the ending value is $5,500. Therefore, the simple rate of return can be calculated as follows:

Simple rate of return = ($5,500 - $10,000) / $10,000 x 100%
Simple rate of return = -$4,500 / $10,000 x 100%
Simple rate of return = -45%

As you can see, the rate of return on your investment was negative 45%, which means that you incurred a loss on the investment. This was due to the accidental damage caused by the coffee spill. It's important to be mindful of the risks associated with investments and take steps to protect them whenever possible.

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He used the $1,000 to purchase books. What amount received from the university must Kareem include on his 2021 return as taxable income Who is Jeff Bezos?tell me If the annual percentage rate (APR) is 9% and the compounding period is quarterly, what is the effective annual rate (EAR)? Enter your answer as a percentage. Do not include the percentage sign in your answer. How can Southern hybridisation detect hybridised fragments? Write about the issue of "Racism" based on the person's thinking.You have two options:1. You may write it in a paragraph. (5 sentences)2. You may write it in a poem. But needed 5 - 10 lines and must include 4 types of figurative language. (Your poem should look like a poem, not a paragraph.)- Simile- Onomatopoeia- Metaphor- Allusion- Symbolism.- Alliteration.- Personification.- Hyperbole. 10. Explain Impact Write a paragraph explaining Ming China's impact on global trade in the 1500s and 1600s, Consider Portuguese attempts to trade with China and the trading post at Macao in southern China. How did the Chinese belief that they were the center of the world, or the "Middle Kingdom," relate to their opinion of European goods in that era? davisson and germers original paper (phys. rev. 30 (1927) p. 705) describing electron diffraction by a ni crystal is a model of careful science and careful interpretation. it is also a model of honesty, opening with the sentence "the investigation reported in this paper was begun as the result of an accident that occurred in this laboratory in april 1925." the accident had turned their original ni sample from a polycrystalline mess into a crystal with large surface regions having well defined atomic regularity. this regularity was essential to the opservation of diffraction. on the ni surface they used, the atoms have the arrangement shown below. the atoms are spaced center-to-center by a distance s Easy Geometry Riddle Place the semicolons where needed in the following sentences. Cross out any misplacedsemicolons. If the sentence is correct as written, indicate with a "C." An answer key follows.The first few years the campers consisted of mostly relative therefore mr and mrs caldwell acquired the titles of uncle max and aunt marion "7) Let A, B and C be sets. Show thatCAB=(CB) (AB)Note. You must properly justify each step of your proof."Sean A, By C conjuntos. Demuestre que CUAUB= (CB) U (A B) Nota. Debe justificar apropiadamente cada paso de su demostracin. jo's passion is the successful pr firm they own. now in late sixties, jo is concentrating their focus on the business, moving into a condominium to minimize home maintenance and yard upkeep. jo also finds that they are making increasing use of technology assists, like alerts and reminders on her phone, to ensure they do their best work for their clients. which pair best matches a component of the selective optimization with compensation model with an illustrative element of jo's experience?