Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 19, 2024

Break Even Point 400,000 total sales Variable expense 55.57% .-. Fixed cost $110,000 .-.Contribution margin = 44.43% ... Break Even Point = $110,000 0.4443 =$247580

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles of Microeconomics

Authors: N. Gregory Mankiw

8th edition

1305971493, 978-1305971493

More Books

Students also viewed these Economics questions

Question

★★★★★

As HR manager for a small company that makes computer games and software, what are some steps that you might take to create an employer brand?

Answered: 1 week ago

Question

★★★★★

38. LO.3 Lonzo owns two apartment buildings. He acquired Forsythia Acres on February 21, 1998, for $300,000 ($90,000 allocated to the land) and Square One on November 12, 2013, for $800,000 ($100,000...

Answered: 1 week ago

Question

★★★★★

Daniel goes with his father to an amusement park and heads straight for the shooting game. He pays $3 to enter the game and he is offered five shots; if he finds the target in at least four of them,...

Answered: 1 week ago

Question

★★★★★

Eutsler forged his brother Richards indorsement on certified checks and cashed them at First National Bank. When Richard sought to recover the funds from the bank, the bank stated that it would press...

Answered: 1 week ago

Question

★★★★★

What is the taxable equivalent yield on a municipal bond with a yield to maturity of 4.5 percent for an investor in the 39 percent marginal tax bracket? 1.76 percent 4.50 percent 7.38 percent 11.54...

Answered: 1 week ago

Question

★★★★★

Galaxy Products is comparing two different capital structures, an all - equity plan ( Plan I ) and a levered plan ( Plan II ) . Under Plan I, Galaxy would have 2 5 0 0 0 0 shares of stock...

Answered: 1 week ago

Question

★★★★★

Excel caculation on cascade mental health clinic

Answered: 1 week ago

Question

★★★★★

Linear Approximation and Differentials: (1 point) Estimate Af using the Linear Approximation and use a calculator to compute both the e f(x) = 3+x. Af a = 1. Ax=1 With these calculations, we have...

Answered: 1 week ago

Question

★★★★★

A business should invest in information security to protect their sensitive data, and maintain customer trust, and also because of information security the business avoids financial losses due to...

Answered: 1 week ago

Question

★★★★★

The system shown in Fig. 2.2 consists of a rope of initial length L under tension T and subjected to a transverse force f(x) (Figure 2.2). T w(x) T L f(x) Figure 2.2 Assuming that the deflection w(x)...

Answered: 1 week ago

Question

★★★★★

Create a process flowchart for any process that you complete either at work or in your personal life explaining your flowchart and your thinking. Any issues you found? Areas for change? Also, include...

Answered: 1 week ago

Question

★★★★★

You may have noticed the discussion in Taylor (2014) at the end of Chapter 10 about oligopoly and the prisoner's dilemma.The prisoner's dilemma is an example of game theory.A "game" is like a board...

Answered: 1 week ago

Question

★★★★★

3. How can we use information and communication to generate trust?

Answered: 1 week ago

Question

★★★★★

4. How can we use information and communication to influence other people?

Answered: 1 week ago

Question

★★★★★

2. Why do we have more confidence in what one person tells us than in what another person tells us?

Answered: 1 week ago

Previous Question Next Question