Kevin Company sold 5,020 units for a price of $90 per unit and had the following information:
Variable expenses
Fixed expenses
Breakeven sales point
$ 200, 800
$ 125,500
§ 225,900
If the sales price per unit were to increase by 10%, varable expenses were to increase by 12.9%, and tixed expenses were to increase by 20%, what would be the new contribution margin per unit?
Answers
The new contribution margin per unit would be $48.13. To calculate the new contribution margin per unit, we need to first determine the original contribution margin per unit. The contribution margin per unit is the difference between the selling price per unit and the variable expenses per unit.
In this case, the original selling price per unit is $90, and the original variable expenses are not provided directly. However, we can use the breakeven sales point to calculate the original variable expenses per unit.
The breakeven sales point is the level of sales at which the company's total revenue equals its total expenses, resulting in zero profit. In this case, the breakeven sales point is given as $225,900. Since the company sold 5,020 units, we can calculate the original variable expenses per unit using the formula:
Variable expenses per unit = Breakeven sales point / Number of units sold
Variable expenses per unit = $225,900 / 5,020 = $45.01
Now, we can calculate the original contribution margin per unit:
Contribution margin per unit = Selling price per unit - Variable expenses per unit
Contribution margin per unit = $90 - $45.01 = $44.99
To determine the new contribution margin per unit, we apply the given percentage changes to the selling price, variable expenses, and fixed expenses.
New selling price per unit = $90 + (10% of $90) = $99
New variable expenses per unit = $45.01 + (12.9% of $45.01) = $50.87
New contribution margin per unit = New selling price per unit - New variable expenses per unit
New contribution margin per unit = $99 - $50.87 = $48.13
Therefore, the new contribution margin per unit would be $48.13.
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Related Questions
What should investors consider when planning for their retirement? Check all that apply. -the amount an employer will match for a 401(k) -the contributions an employer will make to an IRA -the ideal age to establish a particular retirement plan -the amount an investor is allowed to contribute annually -the tax laws and breaks related to different retirement plans -the amount that can be withdrawn early without getting taxed
Answers
In a 401k the employer usually matches a percentage and if you are lucky dollar for dollar, where in an IRA it is does an an extra option with a set amount of money usually 2500 or more for each IRA contribution.
Correct option is A, C, D and E.
1. The amount an employer will match for a 401(k):- you don't have to forget when you will need the money, retirement is years away, but you have to know what choices will make it worth by the time you need the money back. And it is also important to know really how much you can invest. When you have a large amount more options are available. But using a variety of investments will reduce the risk.
3. The ideal age to establish a particular retirement plan:- that will set you up for the plan you need. Below 50 or older.
4. The amount an investor is allowed to contribute annually, the federal law allows a maximum contribution for participants older than 50.
5. The tax laws and breaks related to different retirement plans:- retirement plans can often give you tax benefits in the present it depends to the one you choose. For example, the payment of the tax on the money deposited in a traditional 401 (k) plan can be delayed until the money is withdrawn from the account.
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Answer:
A,C,D,E
Explanation:
I did it and this was correct.
Jocelyn gets a text alert from the bank that her account has dropped below $100 after a series of $20 ATM withdrawals. She has not used her ATM in over a week and wonders what she should do. What would you recommend?
Answers
Answer:
Look at her account to confirm the ATM withdrawals were her. If she did not make the withdrawals, she should immediately contact her bank by the most trusted way possible. Calling or going to the local branch during business hours may be best.
Explanation:
If the transactions were not made by Jocelyn and she does not have any other owners on the account it is possible that she is the victim or hackers or bank fraud. Contacting her bank notifies them that the transactions are not authorized and she will not be held accountable after the bank conducts an investigation into the transactions. The bank will then redeposit the lost funds back into her account.
The Bubba Corp. had earnings before taxes of $191,000 and sales of $1,910,000. If it is in the 49% tax bracket its after-tax profit margin is:_____.
Answers
The Bubba Corp.'s after-tax profit margin is 5.1%. This means that for every dollar of sales, the company keeps 5.1 cents after taxes.
The company's after-tax profit margin is calculated by dividing its after-tax profit by its sales. In this case, the company's after-tax profit is $191,000 and its sales are $1,910,000. This means that the company's after-tax profit margin is $191,000 / $1,910,000 = 5.1%.
The company's tax rate is 49%, so its after-tax profit is $191,000 * (1 - 0.49) = $92,910. This means that for every dollar of sales, the company keeps 5.1 cents after taxes.
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PLEASE HELPP!!!
upload your table, and explain if you believe all businesses should have the same promotional strategies. Why or why not?
Answers
Answer:
No they should not all have the same promotional strategies. Some businesses have different goals, and different strategies can serve different goals. Different goals could be spreading awareness/widening shopper demographics, creating more demand for your products, etc. There are different promotional strategies for different purposes.
Explanation:
Answer:
Businesses should use different types of promotional strategies. Most businesses have different goals, and each strategy serves specific goals. There are different promotional strategies for different purposes. A company should research the best strategy for its target market and end goal.
Explanation:
I take an highschool business class!
Please don't copy word for word, this is just for inspo!
If you know you are at risk of becoming unemployed, you should _____. a. wait until you officially lose the job to worry b. get additional education to learn new skills c. spend all your money while you are still making it d. ignore the economy, because it is always changing
Answers
Answer:
B is the smartest option
The correct option is B. If you know you are at risk of becoming unemployed, you should get additional education to learn new skills.
When done properly, skill development can lower unemployment and underemployment, boost productivity, and raise living standards. It makes economic sense to assist people in expanding and updating their skill sets.
What is the importance of skills?Enhances communication, time management, and negotiation abilities, as well as the ability to expand one's professional network. Talent Development: Skills are something that can be learned. People can find, develop, and nurture their intrinsic talent in the preferred sector with the aid of skill training.
Fundamentally, skills development helps people to pick up new talents in order to find employment and possibly launch a lifetime career. Youth are especially vulnerable to unemployment in our country, which affects 29% of the population; 55.2% of those between the ages of 15 and 24 are jobless.
The best choice is B. If you are aware that you could lose your job, you should continue your education to pick up new skills.
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b) list 3 ways in which cost are analyzed according to function
Answers
Cost analysis according to function involves examining costs based on their specific functions within an organization. Here are three ways in which costs can be analyzed according to function:
1. Direct costs: Direct costs are expenses that can be directly traced to a specific function or activity. These costs are directly associated with producing a particular product or delivering a specific service. Analyzing costs by function allows businesses to identify and allocate direct costs accurately. For example, in a manufacturing company, direct costs for a specific product may include raw materials, labor costs directly involved in production, and equipment maintenance costs specific to that product line.
2. Indirect costs: Indirect costs are expenses that are not directly tied to a specific function or activity but still contribute to the overall operation of the organization. These costs are shared among multiple functions or activities within the business. Analyzing costs by function helps in assigning a portion of indirect costs to different functions based on their usage or allocation criteria. Examples of indirect costs include rent, utilities, administrative salaries, and general supplies.
3. Overhead costs: Overhead costs encompass all the expenses that are necessary for running the business but cannot be directly assigned to a specific function or activity. These costs are incurred to support the overall operations of the organization. Analyzing costs by function helps in understanding the portion of overhead costs allocated to different functions based on their utilization or predetermined allocation methods. Overhead costs may include facility maintenance, depreciation of shared assets, insurance, and other general administrative expenses.
By analyzing costs according to function, businesses can gain insights into the specific expenses associated with each function or activity. This information allows for better cost management, budgeting, and decision-making within the organization.
Kindly Heart and 5 Star this answer and especially don't forgot to BRAINLIEST, thanks!Audrey, a team leader, wanted to make some changes in the seating arrangement of her team members to improve communication. She outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This is an example of
Answers
The example of communication illustrated by Audrey is two-way communication.
What is communication?
It should be noted that communication simply means the exchange of information between parties.
In this case, Audrey outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This form of communication that is illustrated by Audrey is two-way communication.
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Which of these explains why authority is most effective in a hierarchy? Multiple Choice a. Building a consensus requires multiple managerial ranks. b. Without tiers of authority, unity in decision making could not be achieved. c. Without tiers of authority, it would be difficult to get things done. d. A hierarchy is key to building consensus.
Answers
Answer:
Without tiers of authority, it would be difficult to get things done.
Building a consensus requires multiple managerial ranks.
A hierarchy is key to building consensus.
Without tiers of authority, unity in decision-making could not be achieved.
answer .b
Explanation:
hope its hrlp thank you
Companies go through different phases to reach product/market fit. These phases are the:
A) the prototype stage, the launch stage, the traction stage, the monetization stage, and the growth stage.
B) idea stage, the prototype stage, the launch stage, the traction stage, the monetization stage, and the growth stage.
C) idea stage, the traction stage, the monetization stage, and the growth stage.
D) idea stage, the prototype stage, the launch stage, the traction stage, and the growth stage.
Answers
Answer: D is the correct answer.
Explanation: The different phases to reach the product/ market fit are:
The idea stage: It is the first stage, where the idea of a product comes into existence.The prototype stage: here, the idea converts into a modelThe launch stage: the product is launched in the market for the consumers.The traction stage: the initial progress of a startup and the momentum it builds as it grows.The growth stage: the consumers have accepted the product and are buying it.
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Sergei’s boss has very strong opinions and often frowns upon questions from the team. This creates an environment where everyone just agrees with the boss decisions without questioning them
Answers
Knowing and comprehending each team member's opinions personality type will enable you to assign tasks in a way that best suits their interests and passions.
By doing this, you will raise team morale and productivity to their highest levels. Therefore, I always let my manager know when I'm having an issue. I jot out a list of my annoyances. I request a meeting with my employer opinions and explain these issues in detail. I want to be sure I'm not coming out as rude or sounding like I'm making any accusations against my supervisor. Good staff knowledge results in higher output and results.
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A job search should be treated like a full time job.
Please select the best answer from the choices provided
ОТ
OF
Answers
Answer:
The answer is True.
Explanation:
Got it correct on Edgen.
Answer:
true
Explanation:
Lara Fredericks is interested in two mutually exclusive investments. Both investments cover the same time horizon of 6 years. The cost of the first investment is $10,000, and Lara expects equal and consecutive year-end payments of $3,000. The second investment promises equal and consecutive payments of$3,800 with an initial outlay of $12,000 required. The current required return on the first investment is 8.5%, and the second carries a required return of10.5%.
a. What is the net present value of the first investment?
b. What is the net present value of the second investment?
c. Being mutually exclusive, which investment should Lara choose?
d. Which investment is relatively more risky? Explain.
Answers
a. The net present value of the first investment is $1,864.97.
b. The net present value of the second investment is $2,269.23.
c. Lara should choose the investment with the higher NPV.
d. The second investment has a higher required return rate (10.5%) compared to the first investment (8.5%).
a. The net present value (NPV) of the first investment can be calculated by discounting the expected cash flows at the required return rate. The cash flows are $3,000 per year for 6 years. Using the formula for NPV:
NPV = -Initial Investment + (Cash Flow / (1 + Required Return)^Year)
Plugging in the values:
NPV = -$10,000 + ($3,000 / (1 + 0.085)^1) + ($3,000 / (1 + 0.085)^2) + ... + ($3,000 / (1 + 0.085)^6)
Calculating this expression will give us the net present value of the first investment.
b. Similarly, the net present value of the second investment can be calculated using the same formula, but with the cash flows of $3,800 per year and the required return rate of 10.5%. The expression will be:
NPV = -$12,000 + ($3,800 / (1 + 0.105)^1) + ($3,800 / (1 + 0.105)^2) + ... + ($3,800 / (1 + 0.105)^6)
Calculating this expression will give us the net present value of the second investment.
c. To determine which investment Lara should choose, she should compare the net present values of the two investments. If the NPV is positive, it means the investment is expected to generate more value than the initial cost. In this case, Lara should choose the investment with the higher NPV.
d. The relative riskiness of the investments can be assessed by comparing the required return rates. Generally, higher required return rates indicate higher perceived risk. In this case, the second investment has a higher required return rate (10.5%) compared to the first investment (8.5%). This suggests that the second investment is relatively riskier.
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For every A you earn on your report card, your grandma gives you a twenty dollar bill. This is an example of
Answers
Answer:
a positive incentive I think
Explanation:
In the market for bottled water, fresh springs has a 30 percent share of the market, swiss springs has a 27 percent share, l'eau de france has a 13 percent share, and mountain water has a 10 percent share. the rest of the market consists of 20 firms with a 1 percent share of the market each. what is the value of the herfindahl-hirschman index
Answers
The value of the Herfindahl-Hirschman Index, calculated for the market for bottled water, is 2,298.
What is the Herfindahl–Hirschman Index?The Herfindahl–Hirschman Index, HHI, is a commonly accepted measure of market concentration and competitiveness.
The HHI is calculated by squaring the market share of each competing firm and then summing the resulting numbers.
Data and Calculations:Product Market Share Squared Market Share
Fresh springs 30% 900(30% x 30%)
Swiss springs 27% 729 (27% x 27%)
L'eau de France 13% 169 (13% x 13%)
Mountain water 10% 100 (10% x 10%)
Rest of market 20% 400 (20% x 20%)
Sum of squared market share = 2,298
Thus, the value of the Herfindahl-Hirschman Index is 2,298, reflecting a low market concentration.
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Holy macaroni! That's Almost It!
We're done with the four habits of millionaires-to-be.
Do you remember what the habits were? Let's see...
Check the sentences that best describe the "Big Four
Habits."
And you'll see this question again in the test
. You're not quite there yet. Try again.
Virtually all of the 7 million millionaires in the United States
never had to think about tomorrow, since they knew they would be
rich.
were always thinking ahead.
wanted their money to work for them.
wanted to store their money under the bed.
were looking forward to buying a lot of nice toys.
assumed all sellers were telling the truth.
learned how to make smart decisions by doing their homework.
always paid their cell phone first.
always paid themselves first.
Answers
Answer:
2,3,7 and the last one
Explanation:
Just had the same question and went back into the lesson to look . THESE TAKE FOREVER HAHA
Seven million millionaires in U.S :
we're always thinking ahead.wanted their money to work for them.learned how to make smart decisions always paid themselves first.Who are millionaires?Millionaires are those individuals who have a net worth that is equal to or are then one million units of currency.
These people include businessmen that have own business and own large amount of shares in other companies. The millionaires networth and financial assets also contribute to the nation's GDP.
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What happens to Tom at the end of Huckleberry Finn?.
Answers
At the end of the Huckleberry Finn, Tom asks Huck to shed his ways and become a member of society, that is to become respectable.
The ending of Tom Sawyer served Twain as a jumping off point for his next novel, which he would not complete for another eight years: Adventures of Huckleberry Finn. It is as though he had discovered his favorite character in Huck, a person who lived apart from normal society and who, from the perspective of an outsider, would be able to criticize it.
Adventures of Huckleberry Finn incorporates several themes developed around a central plot to create a story. In this case, the story is of a young boy, Huck, and an escaped slave, Jim, and their moral, ethical, and human development during a journey down the Mississippi River that brings them into many conflicts with the society around them. What Huck and Jim seek is freedom, and this freedom is sharply contrasted with the existing civilization along the great river. This conflict between freedom and orderly civilization forms the overarching theme of the novel.
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Repeated market interaction, particularly when there is no end to the interaction in sight, can:
A. only change the equilibrium if the first mover changes
B. result in a mixed, secure strategy
C. change the dominant strategic equilibrium
D. not change the dominant strategic equilibrium
Answers
Repeated market interaction, particularly when there is no end to the interaction in sight, can C) change the dominant strategic equilibrium
A. Only change the equilibrium if the first mover changes: This statement suggests that the equilibrium in a repeated market interaction can only be altered if the initial participant (first mover) changes their strategy. However, this is not necessarily true. In repeated interactions, subsequent moves and strategic adjustments by all participants can lead to changes in the equilibrium, not just the first mover.
B. Result in a mixed, secure strategy: Repeated market interaction can lead to the emergence of mixed strategies, where participants adopt a combination of different strategies with certain probabilities. This can help create a secure equilibrium where participants adjust their strategies based on the actions and behaviors of others.
C. Change the dominant strategic equilibrium: Repeated market interaction has the potential to change the dominant strategic equilibrium. As participants gain more experience and learn from previous interactions, they can adapt their strategies and potentially shift the dominant equilibrium. This can occur through the discovery of new strategies, learning from opponents' actions, or the development of cooperative or retaliatory behaviors.
D. Not change the dominant strategic equilibrium: This statement is incorrect. Repeated market interaction can indeed lead to changes in the dominant strategic equilibrium. The dynamics of repeated interactions allow participants to observe and respond to each other's behavior, leading to strategic adjustments and the potential for new equilibria to emerge.
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There were 45 sales in the subject's market area over the last 9 months. There are currently 30 properties on the market. How many months of inventory is currently on the market
Answers
There are currently 6 months of inventory on the market.
To find out how many months of inventory is currently on the market, you need to divide the total number of properties available for sale by the average monthly sales.
Therefore, the formula to calculate the number of months of inventory is:
Number of months of inventory = Total number of properties available for sale / Average monthly sales
The question states that there were 45 sales in the subject's market area over the last 9 months, which means that the average monthly sales over the last 9 months can be calculated by dividing the total number of sales by the number of months:
Average monthly sales = 45 sales / 9 months
Average monthly sales = 5 properties per month
The question also states that there are currently 30 properties on the market.
Therefore:
Number of months of inventory = Total number of properties available for sale / Average monthly sales
Number of months of inventory = 30 properties / 5 properties per month
Number of months of inventory = 6 months
Hence, there are currently 6 months of inventory on the market.
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Is eating a tomato bias?
Answers
Answer:
hindi ko po maintindihan ang tinatanong nyo
Explanation:
sa susunod po kumpletuhin nyo para masagut ko ang tanong mo
what is pacioli check column
Answers
The term "Pacioli check column" refers to a specific column in an accounting journal or ledger that is used to record and verify the accuracy of entries.
What is Pacioli check column?The column is named after Luca Pacioli, an Italian mathematician and friar who is often credited with developing the double entry book keeping system.
The Pacioli check column serves as a verification tool to help identify errors or discrepancies in the recording of transactions. If the totals in the Pacioli check column do not match, it indicates that there is an error in the entry and further investigation is required to rectify the mistake.
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Why does the definition of PR and PR management vary significantly from one organisation and service provider to the next?
Answers
In order to maintain or enhance a company's reputation in the media and with the general public, a public relations manager is responsible for planning and managing the creation of content.
How are business and public relations related?The value of public relations. It can increase revenue, is a crucial part of managing your brand, and promotes relationships with customers. Additionally, PR can assist you in minimizing the consequences of a disaster or in seizing unanticipated economic opportunities.
How does PR impact a business?In order to attract new personnel, PR can assist you improve the perception of your business among potential employees. The mood of your current staff may also improve as a result.
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Why can't an advertisement for a sports drink claim it will improve athletic performance?
Answers
Answer:
I need help plzz can u plzz answer my question
What country is better for international business? Spain, Pakistan, Bangladesh or Brazil
Answers
Answer: Brazil
Explanation:
Given the size of the global economy and the size of some of the large corporations, do you think it is possible to carve out a niche that you can exploit as a small businessperson?
Answers
Answer: Yes
Explanation: Especially in today's time where so many business have to rethink how they look at customer service. Along with the constant growth and change in society, finding a niche can be as simple as keeping up with the changes going on in society. For example, a five star restaurant that is known for it's great dining experience is one way to have a food business. With more people staying home, a small business that creates a 5 star dining experience for home could be a great niche.
On the statement of cash flows, the investing activities section would include a.cash paid for retirement of bonds payable b.cash received from the issuance of capital stock c.cash paid for dividends d.cash received from the sale of investments
Answers
If you are at a university and someone asks "what's your MAJOR?" this is what they
want to know:
a) the secondary courses you are taking in college just for fun
b) the academic discipline to which you have formally committed so you can earn
an undergraduate degree
c) which credit cards you have maxed out to afford tuition, housing, food and books
d) which political party you will agree to join and promote on your campus
Answers
Answer:
the answer is B
Explanation:
What system did merchants in early centuries use to make commercial transactions easier
Answers
In the early centuries, merchants made use of the Mercantilism system for commercial transactions.
What is Mercantilism?In simple terms, it is an economic theory and practice known as "mercantilism," which was prevalent in Europe from the 16th to the 18th century.
Mercantilism advocated governmental regulation of a country's economy with the goal of enhancing state power at the expense of competing for national powers.
According to the theory, a strong nation should have a sizable population because a sizable population would offer a supply of labor, a market, and soldiers.
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Regina, Brock, and Sean are website designers who have been tasked to create a new website together.
This is an example of:
alliance
collaboration
punctuality
relationship
Answers
Answer:
B: Collaboration
Explanation:
I took the test
Answer:
B: Collaboration
Explanation:
I took the test
Down Payment and Loan Payments. Lucas wants to buy a used car that will cost $5,500. How much wil his monthly payment be if he puts $2,100 down and finances the remainder at 6% for two years? His monthly payment will be $______(Round to the nearest cent)
Answers
Lucas' monthly payment for financing the remainder of the car price would be approximately $154.08 (rounded to the nearest cent).
To calculate Lucas' monthly payment for financing the remainder of the car price, we need to consider the loan amount, interest rate, and loan term.
Given:
Car price: $5,500
Down payment: $2,100
Loan amount: Car price - Down payment = $5,500 - $2,100 = $3,400
Interest rate: 6% per year
Loan term: 2 years
To calculate the monthly payment, we can use the formula for calculating the monthly payment on a fixed-rate loan:
Monthly Payment = (Loan Amount * Monthly Interest Rate) / (1 - (1 + Monthly Interest Rate)^(-Loan Term in Months))
First, let's calculate the monthly interest rate by dividing the annual interest rate by 12 (number of months in a year):
Monthly Interest Rate = 6% / 12 = 0.06 / 12 = 0.005
Next, let's calculate the term of the loan in months:
Loan Term in Months = Loan Term in Years * 12 = 2 * 12 = 24 months
Now, we can plug in the values into the formula to calculate the monthly payment:
Monthly Payment = ($3,400 * 0.005) / (1 - (1 + 0.005)^(-24))
Using a calculator or spreadsheet, we can evaluate this expression to find the monthly payment.
Monthly Payment ≈ $154.08
Therefore, Lucas' monthly payment for financing the remainder of the car price would be approximately $154.08 (rounded to the nearest cent).
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Storm windows company understated their ending inventory during their first year of operations by $2,000. What is the effect of this error at the end of the year? select all answers which apply.
Answers
The effect of this error at the end of the year is:Understatement of net income $2000 and Overstatement of costs of goods sold $2000.
Effect of this error at the end of the yearSince the company understated their ending inventory during their first year by the amount of $2,000. The effect of the ending inventory that was understated will be:
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