MultiSet Inc. sells two products: a regular and a deluxe version. The owner, Janine, would like to better understand the impact of the sales mix on the company's sales.
The following information is available:
Sales price per unit: regular-$34 deluxe-$60
Variable cost per unit: regular-$20 deluxe-$24
The company has total fixed costs of $407,880 for the year and they sell 7 Regular products for every 3 Deluxe product.
Janine would like to know, given the sales mix, how many units of each product the company must sell per year to break even.
The company must sell ________________ units of the Regular product.
Enter the number of units given the current sales mix.
The company must sell ________________ units of the Deluxe product.
Enter the number of units given the current sales mix.
Answers
The company must sell 2400 units of regular and 800 units of deluxe products to break even given the current sales mix.
To calculate the break-even point, the contribution margin must be calculated. Contribution margin is the amount by which sales exceed variable costs. The contribution margin is then divided by total fixed costs to calculate the break-even point in units.
In this case, the contribution margin per unit for the regular product is $20 and for the deluxe product is $50. Given the current sales mix of 75% regular and 25% deluxe, the weighted-average contribution margin per unit is $25 ((20 x 0.75) + (50 x 0.25)).
The fixed costs for the company are $200,000. Thus, the break-even point in units is 8,000 (($200,000 / $25)). Given the current sales mix, the company must sell 6,000 units of regular ((0.75 x 8,000)) and 2,000 units of deluxe ((0.25 x 8,000)) to reach the break-even point. Therefore, the company must sell 2400 units of regular and 800 units of deluxe products to break even given the current sales mix.
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Related Questions
Which of the following statements is true of market-oriented firms? Question 25 options: They focus on their internal capabilities rather than on the desires and needs of the customers. They believe that people will buy more goods and services if aggressive sales techniques are used and that high sales result in high profits. They assume that the sale of goods or services does not depend on an aggressive sales force but rather on a customer’s decision to purchase that product. They claim that people must give up something in order to receive something else they would rather have.
Answers
Answer:
They assume that the sale of goods or services does not depend on an aggressive sales force but rather on a customer’s decision to purchase that product.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.
The true statement about market-oriented firms is that they assume that the sale of goods or services does not depend on an aggressive sales force but rather on a customer’s decision to purchase that product.
This ultimately implies that, a market-oriented firm is more focused on identification and understanding the needs of the customers, opportunities that abound in the industry or market and thus putting the customers first.
What will be the end result for the taxpayer who filed his federal income tax
return using the 1040EZ form shown below?
Answers
Answer:
I got " He Will Owe $180
Explanation:
A P E X
Answer: he will owe 250
Explanation:
1. At the beginning of 2012 Marriott International, Inc. had
$5,910 million in assets and $(781) million in equity. During 2012,
Marriott’s assets increased by $ $432 million while its equity
decrea
Answers
At the beginning of 2012, Marriott International, Inc. had $5,910 million in assets and $(781) million in equity. During 2012, Marriott's assets increased by $432 million, while its equity...
decreased, as indicated by the statement being cut off. To determine the change in equity, we need more information to complete the sentence. However, we can calculate the change in equity if we have the ending equity value.
If we assume that we have the ending equity value for 2012, we can calculate the change in equity by subtracting the beginning equity from the ending equity. This will give us the net change in equity over the year.
Once we have the net change in equity, we can analyze the financial position of Marriott International, Inc. during 2012. Positive changes in equity indicate growth and profitability, while negative changes signify a decline in equity. It is essential to evaluate the reasons behind these changes and assess their impact on the company's financial performance.
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Which of these careers include supervising others?
welder
welder
project manager
project manager
foreman
foreman
forklift operator
Answers
The careers that needed supervision of others are welder and foreman. Thus option (a) and (b) are correct.
Who is a welder?A welder is a skilled tradesperson who specializes in joining pieces of metal or thermoplastics together using various welding techniques.
Welders must have a good understanding of welding techniques and materials, as well as safety practices and regulations. They use a variety of tools and equipment such as welding machines, cutting tools.
The welder and foreman are the professions that need supervision of others. Therefore, option (a) and (b) are correct.
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If the present value of $600, expected one year from today, is $400, what is the one-year discount rate? 15 percent 50 percent 20 percent 25 percent
Answers
The one-year discount rate can be calculated by using the formula for present value, which is PV = FV / (1 + r)^n. In this case, we know that the present value (PV) is $400 and the future value (FV) is $600, and the time period (n) is one year.
Solving for the discount rate (r) we get: $400 = $600 / (1 + r)^1. Simplifying this equation, we get: 1 + r = $600 / $400 = 1.5. Solving for r, we subtract 1 from both sides and get r = 0.5, or 50 percent. Therefore, the one-year discount rate is 50 percent.
determine the one-year discount rate for the present value of $600 expected one year from today, which is currently valued at $400, we can use the formula: Present Value = Future Value / (1 + Discount Rate).
Step 1: Plug in the given values, $400 = $600 / (1 + Discount Rate).
Step 2: Divide both sides by $400, 1 = $600 / (1 + Discount Rate * $400).
Step 3: Subtract 1 from both sides, Discount Rate * $400 = $600 - $400.
Step 4: Solve for the Discount Rate, Discount Rate = ($600 - $400) / $400.
After calculating the Discount Rate, we find it to be 50 percent.
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Explain the importance of excellent customer service.
Answers
The customer of a bank is interested in hiring a manufacturer of specialized equipment to create some specialized machinery. The client approaches the bank in an effort to secure financing for the equipment producer, who needs some advance funding. Determine the optimal financial contract between the bank and the equipment manufacturer.
Answers
The optimal financial contract between the bank and the equipment manufacturer would depend on various factors, including the creditworthiness of the manufacturer, the expected return on investment, and the risk tolerance of the bank.
Possible options could include providing a loan with a fixed interest rate, offering a line of credit, or entering into a revenue-sharing agreement. The terms of the contract would aim to balance the needs of the equipment manufacturer for upfront funding with the bank's desire for a reasonable return on investment and risk mitigation. The specific terms would be negotiated between the parties involved to find a mutually beneficial arrangement that meets the financial requirements of the equipment manufacturer while minimizing the risk for the bank. The optimal contract would aim to balance the manufacturer's financing needs with the bank's risk appetite and financial objectives.
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the market life cycle should be used for short-run forecasting because it provides a conceptual framework for understanding what changes typically occur over the life of an industry. a. true b. false
Answers
The statement "The market life cycle should be used for short-run forecasting because it provides a conceptual framework for understanding what changes typically occur over the life of an industry." is true.
The market life cycle consists of four stages: introduction, growth, maturity, and decline. Each stage has distinct characteristics, challenges, and opportunities. Using the market life cycle as a forecasting tool enables businesses to anticipate and prepare for these changes, making it a valuable method for short-run forecasting.
By understanding the current stage of the industry and the likely trends, businesses can adapt their strategies to align with market conditions, ultimately improving their competitive position and increasing profitability.
However, it is essential to continually monitor and update the forecasts as the market evolves to maintain accuracy and relevance.
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What are three critical questions that entrepreneurs need to ask themselves while starting a business? Which location would be the most advantageous for my business? What business structure would best suit my business? Which recruitment agency should I use for hiring workers? How many paid leaves can I give my employees in a year? What is the total cost of ownership of my capital purchases?
Answers
Answer:
1.) Which location would be the most advantageous for my business.
2.) What business structure would best suit my business?
3.) What is the total cost of ownership of my capital purchases
Explanation:
Location: Siting a business location is widely regarded as one of the most critical decision one has to make when starting a business. A locaction which is accessible and also harbors the business choice of consumer.
2.) Business Structure : Careful planning, perusal and adoption of a model for one's business is a very essential decision to be at the beginning of a startup. Entrepreneurs may need to decide if embarking on a business alone or partnering with an already existing company or partner will reap the most benefit.
3.) Cost of ownership of capital purchase:
Capital purchases are very essential in starting a business. It incorporates building, facilities and essential equipment needed to run the business. Estimating the cost is very important while preparing for begin a start-up.
The three critical questions that entrepreneurs need to ask themselves while starting a business is as follows:
1.) Which location would be the most advantageous for my business.
2.) What business structure would best suit my business?
3.) What is the total cost of ownership of my capital purchases
The explanation is as follows:
Location: Siting a business location is widely regarded as one of the most critical decision one has to make when starting a business. Business Structure : Careful planning of a model for one's business is a very essential decision to be at the beginning of a startup. Cost of ownership of capital purchase: Capital purchases are very essential in starting a business. It incorporates building, facilities and essential equipment needed to run the business.learn more: https://brainly.com/question/2514933?referrer=searchResults
What medical expenses can you claim on taxes?
Answers
Expenses for medical care also include expenditures for procedures affecting the structure or operation of any part of the body, as well as payments for the diagnosis, mitigation, treatment, or prevention of disease.
Medical Expenses:
You may deduct from your income any unreimbursed expenses for qualified medical care that you incur, such as those for preventive care, treatment, surgeries, dental and vision care, visits to psychologists and psychiatrists, prescription medications, appliances like glasses, contacts, false teeth, and hearing aids, and travel expenses.
When filing a claim for medical expenses, you must maintain all original receipts for six years. When you file a claim, you are not required to present certain receipts, including Med 2 papers.
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Things you must need to survive are
A.wants
B.economies
C.needs
D.resources
Answers
Answer:
your answer is c, needs, pls mark brainliest
Explanation:
Answer:
Answer is C, needs because one cannot live without them.
please mark me, brainliest
One thing that helps incumbents win reelection is ______________, which might include federal spending projects benefiting state and local governments, businesses, colleges, and other institutions in a congressional district.
Answers
One thing that helps incumbents win reelection ,which might include federal spending projects benefitting state and local governments, businesses, colleges, and other institutions in a congressional district is
the pork barrel.
Pork barrel :
Pork barrel, or simply pork, is a metaphor for the appropriation of government spending for localized projects secured solely or primarily to bring money to a representative's district.
What is the problem of pork barrel?
The Priority Development Assistance Fund scam, also called the PDAF scam or the pork barrel scam, is a political scandal involving the alleged misuse by several members of the Congress of the Philippines of their Priority Development Assistance Fund (PDAF, popularly called "pork barrel"), a lump-sum discretionary fund
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Agency problems are most likely to be associated with?
Answers
Agency troubles are most likely to be related with corporations. Agency troubles is the problem of interest inherent between the interest of two party in a corporation.
What is corporation?Corporation is the legal structure that creates with the laws and regulation of its state of incorporation. Specific states have the authority to make an effect of the law.
They can create, dismiss, organization and dissolution of any law within the state of corporation. Many states follow the Model Business Corporation Act.
Thus, Agency troubles are most likely to be related with corporations.
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Under free trade, a large country produces 1 million leather bags per year and imports another 2 million bags per year at the world price of $60 per bag. Assume that the country imposes a specific tariff of $5 per bag. As a result, the per-unit price of leather bags decreases to $58 in the international market and the import of leather bags drops to 1.6 million. The domestic production, on the other hand, increases to 1.1 million.
Calculate the tariff revenue collected by the domestic government.
Answers
The domestic government collects $2 million in tariff revenue.
The given information states that a large country produces 1 million leather bags per year and imports another 2 million bags per year at the world price of $60 per bag. When the country imposes a specific tariff of $5 per bag, the per-unit price of leather bags decreases to $58 in the international market and the import of leather bags drops to 1.6 million. Meanwhile, domestic production increases to 1.1 million bags.
To calculate the tariff revenue collected by the domestic government, we can use the formula:
Tariff revenue = Tariff rate x Quantity of imported goods
The tariff rate in this case is $5 per bag, and the quantity of imported goods is the difference between the original quantity imported and the quantity imported after the tariff, or 2 million - 1.6 million = 0.4 million bags.
Therefore, the tariff revenue collected by the domestic government is:
Tariff revenue = $5 x 0.4 million bags = $2 million
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At the beginning of the day, stock XYZ opened at $4.25. At the
end of the day, it closed at $5.25. What is the rate of change
of stock XYZ?
Answers
Answer:
23.53 %
Explanation:
The rate of change would be actual change/ original cost x 100
The actual change
= $5.25 - $4.25
=$1
The rate of change
=$1/$4.25 x 100
=0.2353 x 100
=23.53 %
the emergence of ride sharing apps like lyft and uber have created gains from trade by
Answers
The emergence of ride sharing apps like Lyft and Uber have created gains from trade by introducing new sellers into the market for taxi services and decreasing the price of rides.
Gains from trade can be described as the increase in consumer surplus and producer surplus as a result of lower tariffs when consumers and producers are allowed to trade with less restrictions. Gains from trade occurs as a result of lower trade prices.
Ride sharing apps are apps that allow people to order for rides from their phones using an app. Examples are uber and lyft.
Ride sharing apps has increased the amount of ride options available to users. This has lead to lower prices as ride sharing apps have lowered prices to attract customers.
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compare and contrast the advertisements used by rip and ospf
Answers
RIP (Routing Information Protocol) and OSPF (Open Shortest Path First) are both routing protocols that use advertisements to share routing information with neighboring routers. However, they have significant differences in the way they handle these advertisements.
1. Advertisements frequency: RIP routers send their entire routing table to neighboring routers every 30 seconds, whereas OSPF routers only send updates when there is a change in the network topology.
2. Advertisement content: RIP advertisements contain the destination network and the hop count (distance) to reach that network. OSPF advertisements, known as Link-State Advertisements (LSAs), contain information about the router's links, neighboring routers, and the cost of each link.
3. Advertisement scope: RIP advertisements are broadcast to all routers in the network, while OSPF advertisements are sent only to routers within the same OSPF area.
4. Convergence time: Due to the difference in advertisement frequency and content, OSPF networks typically have a faster convergence time, as routers receive more accurate and up-to-date information about the network topology.
5. Scalability: OSPF is considered more scalable than RIP, as it can handle larger networks and can be divided into areas, which helps reduce the amount of routing information that needs to be processed and advertised.
In summary, RIP and OSPF both use advertisements to share routing information, but OSPF has a more efficient and scalable approach with its Link-State Advertisements, faster convergence time, and the ability to divide the network into areas.
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A change of state of matter is an example of a/an
A. chemical change
B. chemical reaction
C. exothermic reaction
D. physical change
Answers
Answer:
D.Physical Change
Explanation:
Physical changes alter the size, shape, form or basically the matter state of a material....& they are reversible.
So over here, Changes of state are physical changes in matter coz they are reversible changes that do not change matter's chemical form or chemical properties.
For example, Ice- even though it changes to water when it melts, it can still change back to ice when it freezes. so the change is reversible.
A company signed an operating lease agreement to use office space for 5 years. The company took possession and began to use the building on January 1, Year 1. Annual rent of $24,000 is due on the first day of each year. Assuming an implicit interest rate in the lease of 6%, the present value of the lease payments at the inception of the lease is $107,163. On December 31, Year 3, what amount should the company report as the lease liability balance on its balance sheet
Answers
Answer:
$22,642
Explanation:
The amount of lease liability that will be reported in the balance sheet on December 31 year 3 can be calculated as follows
Opening Cash payment Outstanding Interest rate Closing
Year 1 $107,163 $24,000 $83,163 $4990 $88,153
Year 2 $88,153 $24,000 $64,153 $3,849 $68,002
Year 3 $68,002 $24,000 $44,002 $2,640 $46,642
Year 4 $46,642 $24,000 $22,642 $1,358 $24,000
Year 5 $24,000 $24,000 - - -
Total liability = $46,642
Non curret = $46,642 - $24,000 =$22,642
The amount of lease liability that will be reported in the balance sheet on 31 December year 3 is $22,642
Excelsior's Limited, a manufacturer of health and beauty aids, is expanding its presence in several countries around the world. Excelsior's president is surprised at some of the responses the company is receiving from other countries. France gave Excelsior's Limited permission to export its product as long as the company obtained a special license first. Excelsior has been waiting six months for the license and is wondering if it will ever arrive. Excelsior's Limited is experiencing a(n) ________.
Answers
Answer:
Administrative delay.
Explanation:
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Licensure can be defined as the recognition (permission to practice) given to an individual by a regulatory agency or government for meeting a set of pre-defined requirements and after passing a license examination.
In this scenario, France gave Excelsior's Limited permission to export its product as long as the company obtained a special license first. Excelsior has been waiting six months for the license and is wondering if it will ever arrive. Thus, Excelsior's Limited is experiencing an administrative delay.
An administrative delay refers to the inability of a local firm to take actions on an application or service within a specific period of time due to circumstances beyond their control.
In a two sentences,
explain how identity theft
can impact a person's life.
Answers
Answer:
The identity theif opens different accounts and buys whatever they want and you pay for it. Your job perspective can be ruined by this.
Answer:
It can affect there business or family
Explanation:
It can impact a persons life because this can lead to consequences that may affect a persons career or even family.
True or false. Your employer is responsible to make contributions, on your behalf, to the federal insurance contributions
Answers
Answer:
yes it is true
I HOPE THIS HELPS
TAKE CARE
Explanation:
Explain three ways in which tertiary sector industries contribute to the economy
Answers
Answer: retail, health care, financial services, entertainment, and many others.
Explanation:
Question 5 (1 point) Intermediate goods, which are goods that go into the production of other goods, are directly included in GDP calculations. True False Question 6 (1 point) The nominal value of any economic statistic means the statistic is measured in terms of actual prices that exist at the time. The real value refers to the same statistic after it has been adjusted for inflation. True False
Answers
5. The given statement " Intermediate goods, which are goods that go into the production of other goods, are directly included in GDP calculations" is false.
6. The given statement " The real value refers to the same statistic after it has been adjusted for inflation" is false.
Intermediate goods are not directly included in GDP calculations since they are used in the manufacturing process but are not the final items supplied to consumers. Because the value of intermediary items is already accounted for in the final goods or services produced, including their value would result in duplicate counting.
The nominal value of an economic statistic is the value measured in terms of current prices at the time of measurement. It does not account for price changes caused by inflation. The real value of a statistic, on the other hand, is adjusted for inflation, providing for a more accurate comparison of values across time.
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define finiancial institution
Answers
Answer:
A financial institution (FI) is a company engaged in the business of dealing with financial and monetary transactions such as deposits, loans, investments, and currency exchange.
Answer:
Financial institutions, otherwise known as banking institutions, are corporations that provide services as intermediaries of financial markets. Broadly speaking, there are three major types of financial institutions:[1][2]
Depository institutions – deposit-taking institutions that accept and manage deposits and make loans, including banks, building societies, credit unions, trust companies, and mortgage loan companies;
Contractual institutions – insurance companies and pension funds
Investment institutions – investment banks, underwriters, brokerage firms
Mention five legal ways to spend money
Answers
Some ways that you can spend money legally are:
Buying booksGoing on a vacationBuying a companyGiving to the poor or a charityEmploying laborWhat is Money?This refers to the legal tender that is used for the buying and selling of goods and services that have an inherent value
Hence, we can see that based on the given question, money can be spent in a variety of ways legally and this includes starting a business, giving to the poor, etc.
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What is the straight time pay for each of the following for a 40 hour week
Answers
To prepare a cvp graph, lines must be drawn representing total revenue, ______.
Answers
The preparation of the CVP graph requires drawing a line representing the total revenue, total expense, and total fixed expense.
What is the CVP Graph?
The CVP Graph, also known as a cost volume profit chart, is a graphical illustration that depicts the link between production costs and overall revenues.
The CVP graph is used by businesses to determine the possible impact of changes in volume sales on production process costs and total earnings.
In this scenario, the graph considers the total revenue, total expense, and total fixed expense.
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in the book Romeo and juliet what is Juliet's dads name
Answers
Answer:
Lord Fulgencio Capulet
Explanation:
Which of the following is a common marketing CRM metric?
Average time to resolution
Cost per interaction by marketing campaign
Number of new prospective customers
Average number of service calls per day
Answers
Option (b), One frequent marketing CRM measure is cost per interaction per marketing campaign.
How do you define CRM marketing strategy?"Customer relationship management" is what CRM stands for. A CRM strategy is your plan of action for improving communication between your sales, marketing, and customer service teams and your clients. CRM strategies and software solutions usually work together.
What is the CRM's main objective?All of your company's contacts and relationships with present and potential customers are organized by the customer relationship management (CRM) application. It's simple to understand the goal: to promote stronger business ties. Through the usage of a CRM system, businesses can increase profitability, process effectiveness, and client retention.
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