Ivanhoe Company has a unit selling price of $690, unit variable costs of $490, and fixed costs of $303,200. Compute the break-even point in sales units using (a) the mathematical equation and (b) unit contribution margin.

Answers

Answer 1

The break-even point in sales units for Ivanhoe Company is 1,240 units, both when calculated using the mathematical equation and the unit contribution margin.

(a) To calculate the break-even point using the mathematical equation, we can use the formula: Break-even point (in units) = Fixed costs / Contribution margin per unit. In this case, the contribution margin per unit is calculated as the difference between the unit selling price and unit variable costs: Contribution margin per unit = Unit selling price - Unit variable costs

                           = $690 - $490

                           = $200

Now we can calculate the break-even point:

Break-even point (in units) = $303,200 / $200

                          = 1,516 units

(b) To calculate the break-even point using the unit contribution margin, we divide the fixed costs by the unit contribution margin:

Break-even point (in units) = Fixed costs / Unit contribution margin

                          = $303,200 / $200

                          = 1,516 units

Therefore, regardless of the method used, the break-even point in sales units for Ivanhoe Company is 1,516 units.

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Related Questions

your father is now planning to retire, and his employer has promised him a guaranteed, but fixed, income of $50,000 per year for the rest of his life. if the rate of inflation is 5% per year, how much in current dollars will the payment at the end of 20th year be worth? a. $19,798.47 b. $20,800.77 c. $20,293.43 d. $18,844.47 e. $19,315.58

Answers

At the end of the twentieth year, the present value of the guaranteed income payment is $18,844.47. Option D is correct.

To determine the value of the guaranteed income in today's dollars, we need to adjust for the effects of inflation over the next 20 years. We can use the following formula to calculate the present value of the future payments:

Present Value = Future Value / (1 + r)^n

Where:

⇒ r = the inflation rate

⇒  n = the number of years in the future

In this case, we need to find the present value of the income payment at the end of the 20th year, which means that n = 20. The future value of the income payment is $50,000, and the inflation rate is 5%. Substituting these values into the formula, we get:

⇒ Present Value = $50,000 / (1 + 0.05)^20

⇒ Present Value = $50,000 / 2.6533

⇒ Present Value = $18,844.47

Therefore, the present value of the guaranteed income payment at the end of the 20th year is $18,844.47. Option D is correct.

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You are bullish on telecom stock. the current market price is $110 per share, and you have $22,000 of your own to invest. you borrow an additional $22,000 from your broker at an interest rate of 6.6% per year and invest $44,000 in the stock.



a. what will be your rate of return if the price of telecom stock goes up by 8% during the next year? (ignore the expected dividend.)

Answers

Answer:

9.4%

Explanation:

Initial investment=$22,000+$22,000=$44,000

number of shares bought=$44,000/$110(the investor paid $55 out of every $110)

number of shares bought=400

Increase in share in one year=$110*8%=$8.80

loan interest on each share=$55*6.6%=$3.63

rate of return=(increase in share price-loan interest)/initial amount invested

rate of return=($8.80-$3.63)/$55

rate of return=9.4%

8. Which of the following is NOT a job of the Federal Reserve?
1.Keeping banks safe
2.Making payment systems secure
3.Printing currency
4.Growing the economy

Answers

Answer:

I think 3

Explanation:

1st to answer gets Brainliest

Which of the following can help consumers with excessive debt negotiate with lenders to reduce interest rates and fees

A.Bankruptcy lawyer

B.Credit counseling service

C.Federal trade commission

D.Financial protection bureau

1st to answer gets Brainliest Which of the following can help consumers with excessive debt negotiate

Answers

Answer:

B.Credit counseling service

Explanation:

Credit counseling services involves engaging a credit counselor to pay off unsecured debts through a debt management plan. Credit counselors offer various services, including providing basic money management advice and setting up debt repayment plans.

Credit counseling simplifies the repayment process. Debt payment becomes easy and manageable.  Credit counselors may negotiate lower interest rates and reduced monthly payments with creditors, which saves money.

An ad informing consumers of a company's efforts to stop pollution is an example of __________promotion.A. promotionalB. institutionalC. direct-mailD. retail

Answers

An ad informing consumers of a company's efforts to stop pollution is an example of institutional promotion. The correct answer is B.

Instead of promoting particular goods or services, institutional promotion concentrates on promoting the name, standing, and core principles of a business or organization. By highlighting its CSR programs, environmental efforts, community involvement, or ethical business practices, it seeks to improve consumers perceptions of the company.

Because it aims to highlight the company's dedication to environmental sustainability and ethical business practices, an advertisement informing consumers of a company's efforts to stop pollution falls under institutional promotion. By highlighting the company's commitment to addressing social and environmental issues, this type of promotion aims to improve the company's reputation and foster consumer trust.

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Name the three competitive priorities for time. Give a specific example of each one. In your answer, fully explore the impact of the global environment on these three competitive priorities. Does the global environment impact each of the three priorities equally? Why or why not?

Answers

The three competitive priorities for time are speed, on-time delivery, and development speed.

Speed is an important competitive priority for businesses because it helps them to respond quickly to the needs of their customers. Companies that prioritize speed can introduce new products faster and respond to changes in the market more quickly. An example of speed as a competitive priority is fast food restaurants like McDonald's, which offer quick service to customers who want to eat on the go.

On-time delivery is another competitive priority for businesses. Companies that prioritize on-time delivery can provide their customers with reliable service, which helps to build trust and loyalty. An example of on-time delivery as a competitive priority is FedEx, which guarantees that packages will be delivered on time.

Development speed is also an important competitive priority for businesses. Companies that prioritize development speed can bring new products to market faster than their competitors, which can help them gain a competitive advantage. An example of development speed as a competitive priority is Apple, which is known for introducing innovative new products on a regular basis.

The global environment has a significant impact on these three competitive priorities. For example, changes in technology and communication have made it easier for companies to introduce new products quickly, which has increased the importance of development speed as a competitive priority. On the other hand, political and economic instability in certain regions can make it difficult for companies to ensure on-time delivery, which can hurt their reputation and customer loyalty.

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Logo and website design are
examples of start-up costs.

Answers

True: Logo and website design are examples of start-up costs. Operating costs include payroll. Building improvements should be calculated into start-up costs.

Sam has take-home pay every month of $800. He anticipates that his expenses will add up to $675 for the month. In a zero-based budget, why is it important that she put the extra $125 in SOME budget category?

Answers

Answer:

see below

Explanation:

The Zero-based budgeting technique assumes there will be no balance bought forward nor balance carried forward. Budget preparation for a particular period must start from zero or scratch. Each expense must be on merit. Income and expenses must match.  In the zero-based budget, the difference between income and expenditure must be zero.

If Sam has an income of $800 and expenses of $675, she has to re-work her costs again to ensure they match her income. The zero-based budget demands she draws her expenses list again and comes up with a way of spending the $125 difference.

When a country that imports a particular good imposes an import quota on that good,
A. consumer surplus increases and total surplus increases in the market for that good.
B. domestic sellers and domestic buyers become worse off.
C. the domestic quantity supplied decreases.
D. consumer surplus decreases and total surplus decreases in the market for that good.

Answers

When a country that imports a particular good imposes an import quota on that good consumer surplus decreases and total surplus decreases in the market for that good.

The consumer surplus is the term which is used to measure of consumer  welfare and is defined as the excess of social valuation of the products and services over the price actually paid.

The consumer surplus while taking into consideration the demand and supply curves. It is measured by the area of triangle below the demand curve and above is the observed price.

The country that imports a particular good imposes an import quota on that good by the consumer surplus decreases and total surplus decreases in the market for that good.

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If you could replace all of the grass in the world with something else, what would it be and why?

Answers

Answer:

I would replace it with cannabis, everyone is happier when there is green :)

Explanation:

Answer:

I would replace it with oil because oil is a rare resource

Explanation:

How is the restaurant manager’s experience different from the customer’s experience?

Answers

Answer:

The restaurant Manager has in-depth knowledge of their business, workers, and income. While a customer might know a workers name a restaurant Manager knows their past record, their education level, and connections.

A manager also might deal with the money, meaning counting bills, change, while a customer simply pays.

Explanation:

Sorry if the question is looking for more specifics.

what kind of companies are likely to use optical cables such as an oc-48 or oc-192? why? can you give an example? g

Answers

Telecommunication companies are likely to use optical cables such as an OC-48 or OC-192. Optical cables are a type of cable that carries digital signals in the form of light pulses along thin strands of glass or plastic fibers.

These cables are used to transmit large amounts of data over long distances without any loss of data or signal degradation. In addition to telecommunication companies, many other companies also use optical cables. For example, data centers, internet service providers, and healthcare facilities are just a few examples of companies that may use optical cables to transfer data quickly and efficiently.

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Mary used her brokerage account and bought 30 shares of Apple for $125.00 with buying fees of $4.50. A year and a half later, she sold her 30 shares of Apple for $150.00 with selling fees of $4.50. Assuming capital gains tax rate of 15%, what is Mary's profit?

Answers

Assuming the capital gains tax rate is 15%, Mary's profit will be $612.85.

What is the profit about?

To calculate Mary's profit, we first need to determine her total cost and total revenue from the transaction.

Mary's total cost is the sum of the cost of the shares and the buying fees:

Total cost = (30 shares * $125 per share) + $4.50 buying fees

Total cost = $3,774.50

Mary's total revenue is the sum of the revenue from the shares and the selling fees:

Total revenue = (30 shares * $150 per share) - $4.50 selling fees

Total revenue = $4,495.50

To calculate Mary's capital gain, we subtract the total cost from the total revenue:

Capital gain = Total revenue - Total cost

Capital gain = $4,495.50 - $3,774.50

Capital gain = $721

Mary's capital gains tax is calculated by multiplying her capital gain by the capital gains tax rate:

Capital gains tax = Capital gain * Capital gains tax rate

Capital gains tax = $721 * 0.15

Capital gains tax = $108.15

Finally, Mary's profit is calculated by subtracting the capital gains tax from the capital gain:

Profit = Capital gain - Capital gains tax

Profit = $721 - $108.15

Profit = $612.85

Therefore, Mary's profit is $612.85.

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which of the following statements is true about the relationship between business processes and information systems? group of answer choices information systems incorporate all business process activities and hence, should be developed before business processes. the relationship between business processes and information systems is one-to-one. developing information systems before business processes ensures that all activities are considered in the development process. a business process need not relate to any information system, but an information system relates to at least one business process.

Answers

A business process need not relate to any information system, but an information system relates to at least one business process, this statements is true about the relationship between business processes and information systems.

A business process is a logically related sequence of actions that specify how particular business tasks are carried out. It is a distinctive method of coordinating work, information, and knowledge inside an organization. Business processes are important for managers to be aware of since they affect how well a firm can conduct its operations and could provide a competitive edge. Each of the main business functions has its own unique business processes, but many of them are cross-functional. Information systems assist firms restructure and streamline business operations by automating certain of these procedures.

The official organizational division in charge of information technology services is the information systems department. It is in charge of maintaining the networks, data storage, hardware, and software that make up the company's IT infrastructure. The department is often led by a CIO and is made up of professionals including programmers, systems analysts, project managers, and information systems managers.

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Question 11 (Multiple Choice Worth 5 points) (03.05 MC) Christina received an offer for a grant to pay for her college tuition. If she accepts the grant, what does this mean? O She will have to pay back the money after graduation. O She will not have to pay back the money. O She will only have to pay back half of the money after graduation. She will have to pay back twice the amount of money after graduation.​

Answers

Christina received an offer for a grant to pay for her college tuition. If she accepts the grant She will not be required to repay the money.

What is a payment from a grant?

A payment called a grant is a type of financial aid that is given to a recipient by the government or another organization to help them pay for a project or program. Grants typically come in one lump sum, but they can also come in a series of smaller payments spread out over time.

Most of the time, grants are given out based on how well the applicant can show that their project or program is valuable to the public and will help the community in some way. Research grants, educational grants, community development grants, and business grants are all examples of grants. The recipient of a grant payment is not required to repay the grant money.

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Assess the likely macroeconomic effects of pressure on the exchange
rate of the Vietnamese dong arising from Vietnam’s increased exports.

Answers

The likely macroeconomic effects of pressure on the exchange rate of the Vietnamese dong arising from Vietnam’s increased exports would depend upon how the pressure affects the exchange rate.

Why is it so?

If the exchange rate depreciates, then this would be associated with an increase in Vietnam's inflation and a decrease in real incomes as imported goods become more expensive. This would likely reduce domestic demand and hence economic growth, as well as putting upward pressure on the current account deficit if the depreciation leads to an increase in imports. On the other hand, a depreciation of the exchange rate could also lead to an increase in competitiveness of Vietnam's exports, which could offset the negative effects to some extent by leading to an increase in export earnings.

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what if all countries/ nations decide not to trade with each other. is it feasible or not? elaborate. support your answer with facts/reasoning.

Answers

Such a scenario would have significant negative consequences for global economies and societies, as trade plays a crucial role in promoting economic growth, enhancing living standards, and fostering international cooperation.

Trade is a fundamental driver of economic growth and development. Nations engage in trade to access goods, services, and resources that are not readily available domestically, leading to specialization and increased efficiency. By limiting trade, countries would lose access to a wide range of products and resources, leading to reduced consumer choices and higher prices.

Moreover, trade fosters interdependence and cooperation among nations. It encourages diplomatic relations, cultural exchange, and mutual understanding. By engaging in trade, countries develop economic ties that can help prevent conflicts and promote peace.

While countries may adopt trade policies to protect specific industries or address concerns, an outright cessation of trade is neither feasible nor desirable due to the significant negative impacts it would have on global prosperity and cooperation.

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Which situations offer examples of Banking and Related Services workers? Check all that apply.

Anna analyzes loan applicants to decide whether to give them loans.
Aaron helps customers put money into and remove money from their accounts.
Jared researches the credit history of people applying for credit.
Tamara reviews the finances of a business to determine whether it is profitable.
Raquel helps individuals and companies prepare their tax forms.
Troy helps a family create a budget to save more money.

Answers

Anna provides loan applicants to decide to give them loans, put money into and remove money from their accounts and Jared researches the credit history, hence options A, B and C are correct.

What are Banking and Related Services workers?

The five most significant banking services include checking and savings accounts, loan and mortgage services, wealth management, issuing credit and debit cards, and overdraft services.

An individual who works for a bank and assists customers with standard financial transactions is known as a bank teller or bank clerk.

They do daily tasks that include processing withdrawals, making deposits, and giving customers of bank money orders or cashier's checks.

Therefore, these services also comprise analysis loan applicants with basic features and a device for utilizing the account (such as a debit card and online banking ID), hence options A, B, and C are correct.

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Answer:here the answer for this question

Explanation:edge2023

Which situations offer examples of Banking and Related Services workers? Check all that apply. Anna analyzes

Rent is an example of a(n) _____.

a. fixed cost
b. opportunity cost
c. variable cost
d. none of the above
HURRY PLZZZZ FIRST ANSWER GETS BRAINLIEST

Answers

Answer:

a. fixed cost

Explanation:

Rent is always negotiated and stated in the tenancy or lease agreement. The lease or tenancy agreement is reviewed either annually or after every two years. The rent amounts remain the same until the time a tenancy agreement is reviewed.

Fixed costs are the business expenses that remain the same throughout the financial period.  A business has to incur fixed costs as long as the business is operational. The level of business activity or output does not affect fixed costs. Rent is a good example of fixed costs. A business has the pay the same amount of rent regardless of its production level.

Answer:

A

Explanation:

I just finished the test

Which one of the following is not one of the policy tools the Fed uses to control the money​ supply? A. Moral suasion. B. Open market operations. C. Reserve requirements. D. Discount policy.

Answers

Answer:

A

Explanation: Moral suasion Is not required to control MS .that is the best answer

Please help with all 3 bullet points
You have been invited to speak to a group of Managers at Paychex about increasing the business’s commitment to improved employee health benefits by increasing the opportunity to work remotely.
How will you appeal to their pathos?
How will you appeal to their ethos?
How will you appeal to their logos?

Answers

To appeal to the managers' pathos, I would emphasize the positive impact of remote work on employees' well-being, work-life balance and overall happiness.

How can remote work benefit employees' well-being and happiness?

As managers, we must recognize the profound influence of employee well-being on their productivity and loyalty. By increasing the opportunity of work remotely, we offer employees a better work-life balance and flexibility.

This lead to reduced stress levels, increased job satisfaction and improved mental health. Remote work allows employees to save commuting time, spend more quality time with their families and achieve a greater sense of control over their lives.

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Allen Furniture Company is considering offering an inexpensive line of college dorm and apartment furnishings. If they move forward, they will renovate part of their store to accommodate this new stock. Before spending the money to redesign the store, they first want to find out customer interest. In a short response of approximately 100 words, describe some of the steps they should take as they consider this project.

Answers

Answer:

Allen Furniture Company should look into conducting a survey to gauge customer interest to find what they look for, need, and find attractive. They could do so by going to college campuses and conducting random interviews. For their apartment furnishings, they could look online to see what kind of product sell and do an analysis of customer interest that way and they could also conduct a survey for people that live in apartments. They could also look into a consultant that specializes in the field and is experienced with what customers like or want.

A product with an MSRP of $10.00 has a volume discount of 30% and a promotion allowance of 15%. How much will the distributor receive in promotion allowance for each unit?

Answers

Distributor will receive 1.05 in promotion allowance for each unit.

Promotional Allowances are price breaks that a product's manufacturers or suppliers offer to business associates like distributors to encourage them to advertise their goods and boost sales.

Given;

Volume discount = 30%

promotion allowance = 15%

Distributor receive promotion allowance for each unit = Price after volume discount * % of promotion allowance

30-100= 70%

($10x70%)*5= 1.05 Per Unit

Distributor will receive 1.05 in promotion allowance for each unit.

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2. Draw an Environmental Kuznets Curve (EKC) for China and another one for Mexico. Clearly label the horizontal axis and the vertical axis. Are these two EKCs identical? Why?

Answers

The EKCs for China and Mexico may not be identical, but they both reflect the underlying hypothesis that environmental degradation initially increases with economic growth and eventually declines as income rises further.

The Environmental Kuznets Curve (EKC) is a graphical representation that explores the relationship between environmental degradation and economic development. It suggests that environmental quality initially deteriorates as an economy grows but improves after a certain level of income is reached.

In the case of China and Mexico, I will draw two separate EKCs to represent their respective situations. Please note that the EKC is a theoretical concept, and the actual shape and position of the curve can vary based on specific factors and data.

[Drawing of EKC for China]

On the horizontal axis, we have the level of economic development or per capita income, starting from low levels on the left and increasing towards higher levels on the right. The vertical axis represents environmental degradation, such as pollution levels or carbon emissions, starting from higher levels at the bottom and decreasing towards lower levels at the top.

The EKC for China may exhibit an initial upward slope, indicating increasing environmental degradation as the country undergoes rapid economic growth and industrialization. However, as China's income continues to rise, it is expected that the curve will eventually start to bend downward, suggesting a decrease in environmental degradation. This shift may be driven by factors such as improved technology, environmental regulations, and shifts towards cleaner energy sources.

[Drawing of EKC for Mexico]

Similarly, the EKC for Mexico might also show an initial upward slope, reflecting increasing environmental degradation during its economic development phase. As Mexico's income reaches a certain threshold, the curve is expected to start declining, indicating a reduction in environmental degradation. Factors influencing this shift could include advancements in environmental policies, investment in cleaner technologies, and public awareness of environmental issues.

It is important to note that while the general pattern of the EKC may hold true for different countries, the specific shape and position of the curve can vary based on various factors including policy interventions, natural resource endowments, technological advancements, and cultural attitudes towards the environment. Therefore, the EKCs for China and Mexico may not be identical, but they both reflect the underlying hypothesis that environmental degradation initially increases with economic growth and eventually declines as income rises further.

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McDonald's is the most recognizable fast-food chain in the world. Explain the concept product modification (10) and indicate to what degree the product has been modified for the South African market. Illustrate your answer by giving examples

Answers

The correct answer to this open question is the following.

Although you did not attach the text or an excerpt of a lesson, we can comment on the following.

The concept of product modification can be explained this way. Companies have their products that are sold in a determined region. Let's say, the United States. However, when they expand and go to other countries, they need to adapt their products and services to the other countries where they are going to launch their products.

To be able to do that, companies have to do a lot of research to really understand the new culture, customs, ideas, and traditions, so companies like McDonald's can adjust, adapt or adequate their products and flavors to the people of South Africa, for instance. Some marketing experts called "tropicalize" a product to a specific region.

So in the case of South Africa, McDonald's had to understand how teh African people lived, what they like, what they enjoy, what their favorite flavors are, how spicy they like their food, what kind of condiments they accept, and so on. This will also allow executives of McDonald's to create special promotions, combos, and presentations of the food.

Which of the following will be accomplished by efficient allocations of the factors of production?

guaranteeing economic success
understanding whether a product will fail
fulfilling many needs and wants of society
replenishment of limited resources

Answers

Answer:C

Explanation: Just took the test:)

What will be accomplished by efficient allocations of the factors of production is fulfilling many needs and wants of society

What are factors of production?

factors of production can be regarded as those factor that make production possible such as capital and land.

Therefore, fulfilling many needs and wants of society is one of beauty of production.

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list out the tasks of an overseer.​

Answers

Answer:

Mentor, coach, monitor and supervise communities throughout the shelter construction process. Provide technical assistance to households involved in shelter construction. Coordinate with counterparts in other PIN's areas of operation, ensuring exchange of lessons learnt and good practices

Explanation:

25 points, Why are certain brands global? 3-4 sentences, please.

Answers

Answer: Certain Brands can be global because of their profits, Let's take cars for a example, Cars can be made and distributed based on the company if they can pay for all the shipping and everything, but it really depends on the company and what they are selling.

Explanation:



The U.S. is going through a period of economic difficulty; many people are out of work and buying has decreased dramatically. Place a checkmark next to each strategy the Fed might use to help stimulate the economy

Answers

The Fed or the Federal Reserve System is responsible for managing the country's monetary policy and regulating the banking system. In times of economic difficulty, it has various tools at its disposal to stimulate the economy.

Below are the strategies that the Fed might use to help stimulate the economy:

Lowering interest rates: Lowering interest rates makes it less expensive to borrow money, which encourages consumer spending and investment. In addition, lower interest rates can lead to a weaker currency, which can boost exports and make imports more expensive. This can increase demand for domestically produced goods and services.Buying government bonds: When the Fed buys government bonds, it injects money into the economy and increases the money supply. This can lead to lower interest rates and increased lending and spending. It can also increase demand for stocks and other financial assets, which can boost the stock market.Lowering reserve requirements: Reserve requirements are the amount of money banks are required to keep on hand to cover withdrawals.

By lowering these requirements, the Fed can increase the amount of money banks have available to lend, which can stimulate economic activity. This can increase the money supply and reduce interest rates, leading to increased borrowing and spending.

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A benefit of using association is that it allows the learner to be creative and have fun

Answers

Answer: True

Explanation:

Answer:

True

Explanation:

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