hilton inc. sells a product for $63 per unit. the variable cost is $30 per unit, while fixed costs are $312,543. determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $71 per unit. a. break-even point in sales units fill in the blank 1 units b. break-even point if the selling price were increased to $71 per unit
Answers
The break-even point is 9471 units and 7623 respectively when selling prices are $63 and $71.
Where do you find the break-even point?The break-even point is called at which total cost and total revenue are equal, implying that there is no loss or gain for your small business. In other words, you've reached the point in production where the costs of production equal the revenues for a product.
Given
Case 1 Case 2
Selling Price $63 Selling Price = $71
Variable Cost = $30 Variable Cost = $30
Fixed Cost = $312,543 Fixed Cost = $312,543
Required to calculate Break-even point(units) =?
Break-even point = Fixed Cost / Selling Price - Variable Cost
Break-even point = 312,543 / 63 - 30 = 9471 (units) in Case 1.
Case 2
Break-even point = 312543 / 71 - 30 = 7623 units
Thus, the break-even point is 9471 units and 7623 units respectively. There are three methods for calculating break-even: the equation method, the contribution strategy, and the contribution margin approach.
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Related Questions
In risk management, what does risk control include?
Answers
Answer:
What are the three basic categories of control? Educational/awareness, physical, supervision 5. How do you implement controls? Ensure controls are communicated to those involved in the activity.
Risk control in risk management includes implementing preventive measures, risk mitigation strategies, and controls to minimize the likelihood and impact of identified risks.
Risk control is an integral part of risk management that focuses on managing and reducing the impact of potential risks. It involves the implementation of measures and strategies to mitigate, prevent, or minimize the occurrence and consequences of identified risks.
Risk control measures may include implementing safety protocols, conducting risk assessments, establishing internal controls and procedures, adopting risk transfer mechanisms such as insurance, implementing business continuity plans, and regularly monitoring and reviewing risk management processes.
The goal of risk control is to proactively manage risks to protect assets, optimize operations, and ensure the organization's long-term sustainability.
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Who has a tw octane on rocket leage?
Answers
Answer:
I do :)
Have a great day!
Answer:
me
Explanation:
Choose all items that represent characteristics of a resume:
is a summary career portfolio data
is the same thing as a career portfolio
is not used for a job application
is typically organized by jobs or skills
is ideally one or two pages in length
Answers
Answer:
is a summary career portfolio data
is typically organized by jobs or skills
is ideally one or two pages in length
is the same thing as a career portfolio
Explanation:
HOPE THIS HELPS! :)
Trey has $5.00, he needs gas and he needs to eat lunch. He can only do one for $5.00 not both or part of both. Trey buys gas to go home. What is his opportunity cost? What is the alternative not chosen by trey?
Answers
Answer:
Tray's opportunity cost is not being able to purchase lunch, the alternative tray decided not to take would I assume to be just getting gas and to eat at his house.
The opportunity cost of buying gas is Trey would not be able to eat lunch. The alternative not chosen by Trey is eating lunch.
What is opportunity cost ?The value or advantage forfeited by engaging in a specific activity in comparison to engaging in an alternative activity is known as the opportunity cost of that activity. More effective implies that you forfeit the chance to engage in a different activity if you choose one.
Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. Opportunity costs are by definition invisible, making it simple to ignore them.
When the value of the next best alternative is computed and the alternative chosen, the term "opportunity cost" is used to explain it best.
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a firm acquired an assset on 1st Apri, 1990 at a cost of Le 30,000. The useful life of the asset is expected to be 10 years. The estimated scrap value of the asset at the end of the year is Le 2,000. Show the provision for depreciation account for the first 3 years in the life of the asset using the Straight line method
Answers
Answer:
First year : Le 2100
Second year : Le 2800
Third year : Le 2800
Explanation:
Given the following :
Cost of equipment = 30,000
Useful years = 10
Salvage or scrap value = 2,000
depreciation account for the first 3 years in the life of the asset using the Straight line method :
Straight line Depreciation :
(Cost - salvage value) / useful years
First year: (April - December 1990)
April - December 1990 = 9 months
(30,000 - 2000) / 10 × 9/12
28000 / 10 × 0.75 = Le 2100
Second year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
Third year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
Craig works as an inspector for the city health departmentc which involves inspecting restaurants and food service establishments to see whether they are operating according to loval laws. Carol work as an insurance agent for the first 10 years if their marriage and is now a stay-at-home mom. Their home is paid for and their son, Charles, is a senior in highschool. Neither Craig nor Carol has much experience in owning or operating a small business, yet thid is what they want to do when their son graduates from high school. They have been frugal and saved over $200,000 for this venture. Craig will not be quitting his job for a while. This will leave Carol witht he responsibility of running the business. What type of business do you tecommend Craig and Carol start?
Answers
Craig and Carol might consider starting a food truck company that specialises on organic and healthy food options, utilising Craig's background as a health inspector and Carol's managerial abilities.
What kind of business suits a food truck the best?There are various advantages to forming a limited liability company for your food truck. The most significant benefit of an LLC structure is that it affords its owners limited liability, which can shield their private assets from litigation and creditors.
Whom does the food truck industry's target market segmentation include?The billion-dollar food truck industry's target consumer is millennials from middle-class families. Expenditure is reportedly made monthly by people aged 25 to 44, with 20% of the amount coming from people under the age of 25.
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name four commercial services which are useful to a manufacturer
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PLZ HELP this is Econ btw !!! How can technology as a determinant decrease supply? Explain or give
an example.
Answers
Answer:
as we simply know the technology degradation will increase the cost of production and decrease the profit and when there will be less profit the supplier supplies less goods in the market
hence the supply will decrease.
vice versa in the case of technology improvement.
is it fine?
Double-Dip makes ice cream. The only advantage Double-Dip has over its competitors is taste. Double-Dip costs more and has more calories per unit weight. Promotions for Double-Dip should emphasize the experiential hierarchy of the ABC model of attitudes.
True
False
Answers
It is true that the only advantage Double-Dip has over its competitors is its taste.
Who is a competitor?Anyone who engages in business with, owns a company, participates in a sport team, or supports an institution is a competitor. In a race, a person is your competition if they're aiming to outrun you. In business, we don't merely say a person is a rival. Likewise, there are rivals in politics, acting, music, athletics, and other fields. A close competitor is referred to as a rival in business. As a result, competitors produce identical products and are of a similar size. We refer to two businesses as archrivals when they are industry leaders. Coca-Cola and PepsiCo, two market share leaders in the beverage industry, produce nearly identical goods. Coca-Cola and Pepsi are fierce competitors.
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Why do you think it is important to understand GDP?
Answers
what statement best illustrates an example of economic specialist
Answers
A skill is a learned or practiced ability to perform an activity well.
True
False
Answers
Answer:
true
Explanation:
Which type of financial risk happens when the prices of things rise and fall?
A. income risk
B. interest rate risk
C. personal risk
D. inflation risk
Answers
Answer:
Option B is your answer ☺️☺️☺️
kayla purchases shares of ownership in general electric. these shares are referred to as
Answers
Kayla's decision to purchase shares of ownership in General Electric involves investing in a type of financial asset known as common stock. In this scenario, the shares represent partial ownership in the company, allowing Kayla to participate in its growth and success.
As a shareholder, Kayla gains certain rights and privileges. She may receive dividends, which are a portion of the company's earnings distributed to shareholders. Additionally, she may participate in shareholder meetings and cast votes on significant matters, such as electing members to the board of directors, who are responsible for overseeing the company's management. Purchasing common stock also exposes Kayla to risks. If the company performs poorly or goes bankrupt, the value of her shares may decrease, and she could potentially lose her entire investment. However, the potential for high returns exists if the company thrives and the stock price increases. Overall, by investing in General Electric's shares, Kayla takes an active role in the company's financial growth, sharing both the risks and rewards associated with owning a portion of the business. This type of investment can be an essential part of a well-diversified portfolio, helping to spread risk and potentially maximize returns over time.
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1) Which of the following is NOT an example of pecuniary agglomeration economies?
(a) The availability of low-cost high quality internet services in cities. (b) A host of competitively-priced restaurants and coffee shops in cities. (c) A well-connected road network within and between cities. (d) Knowledge sharing between high-productivity investment bankers in cities.
Answers
A host of competitively priced restaurants and coffee shops in cities is not an example of pecuniary agglomeration economies. So, Option (b) is correct.
What is Pecuniary Agglomeration economies?Pecuniary Agglomeration economies are the economic benefits that a firm or industry can obtain due to its location in an agglomeration or urban area. Pecuniary economies, as opposed to technological economies, come from a combination of the many companies in a sector. This results in lower input costs or higher revenue streams for the firms engaged in that sector.
According to the given question, which of the following is NOT an example of pecuniary agglomeration economies?A host of competitively-priced restaurants and coffee shops in cities, is not an example of pecuniary agglomeration economies. Therefore, correct option is b).
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who is ymca's target market?
who are ymca's end-users?
who are ymca's donors?
Answers
YMCA's target market is women.
YMCA's end-users are people of all ages.
YMCA's donors can be anyone.
A global youth organization with over 64 million beneficiaries in 120 countries, the YMCA (also referred to as the Y in certain regions) is headquartered in Geneva, Switzerland.
The Y not only offers fitness facilities to strengthen your body and mind, but it also gives you peace of mind by offering the best childcare available. The growth and development of your child's mental, physical, and emotional well-being can be significantly influenced by the correct childcare programs.
In 1844, a farmer-turned-department store employee and his pals met in industrial London to form the first YMCA, a haven for young men seeking safety from the dangers of the streets.
Yes, we are aware that the YMCA audience consists primarily of women between the ages of 35 and 55 who enjoy visiting the shore and who are interested in SUVs (example of X YMCA).
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Which of the following is not a fixed cost? *
O monthly gym membership
car payment
O rent
O vacation/recreation/fun expenses
Answers
what was the main cause of the staglation of the 1970s
Answers
Even before Michelle could explain why a prospect had not purchased her company's new line of ecofriendly outdoor furniture, her supervisor started explaining how she should have emphasized the fact that the furniture is made through a revolutionary recycling process and that the prices are justified by the furniture's quality and eco-friendly nature. In this scenario, the supervisor provided Michelle with __________ feedback by telling her how she could make better sales presentations.
Answers
Answer:
Informal feedback
Explanation:
In simple words, informal feedback relates to the feedback under which the feedback is not planned by either of the parties involved and the conversation regarding the review just happens occasionally unplanned. I
Generally, In such feedback there is no exchange of information but one party dictates their view to the other. Hence, from the above we can conclude that the given case is an instance of informal feedback.
Communicating with people you know or meet to share information or advice about a job defines
a contact list
b. job leads
C. networking
d career fair
Answers
Answer:
C
Explanation:
Answer:
c
Explanation:
Which describes personal finance?(1 point)
Answers
Answer:
so saving money investing it buying house something like that....
Explanation:
What Is Personal Finance? Personal finance is a term that covers managing your money as well as saving and investing. It encompasses budgeting, banking, insurance, mortgages, investments, and retirement, tax, and estate planning.
Answer: Answer: 1. the ability to understand how to make sound financial choices so you can confidently manage and grow your money
2.the CEO of The Finance Bar
3.the financial management which an individual or a family unit performs
4.your language
5. -a notebook for your homework
-lunch brought from home
Explanation: I took the quick check
Due to the anticipated snowstorm, the office will be closed tomorrow please work from home instead of coming in. If you have
questions, please reply to this e-mail.
This message contains
Answers
Due to the anticipated snowstorm, the office will be closed tomorrow please work from home instead of coming in. If you have. This message contains a run-on sentence Correct.
What is run-on sentence?
A run-on sentence is one that lacks the necessary punctuation to tie two or more independent clauses together. These clauses "run on" into confusion because they have not been made dependent by the use of a relative pronoun or a subordinating conjunction. It is possible for the independent clauses to be "fused," as in "It is almost half past five we cannot reach town before dark," in which case the two independent clauses could be separated (between "five" and "we") with a period [...five. We...], a comma and conjunction (...five, and we...), or a semicolon (...five, and we..). (...five; we...). Only a comma can be used ineffectively to unite the separate clauses (the comma splice). The stream-of-consciousness technique is used in James Joyce's work Ulysses, which purposely breaks this grammatical constraint in the sake of literary licence.
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Sales tax in your community is 7.5%. If you go to Becks and buy a polar pop for $0.99, slice of pizza for $2.25, and chips for $0.75, what amount will you pay once the sales tax is added to your purchase?
Answers
Answer:
$4.29
Explanation:
Sales tax is a type of consumption tax. It is levied by the government or an agency of the government on the sales. Taxes increase the prices of goods and services
Total amount paid = total price of items purchased + tax amount
total price of items purchased = $0.99 + $2.25 + $0.75 = $3.99
Tax amount = 0.075 x $3.99 = $0.299
Total amount paid = $4.29
At a certain point in time you know that 0R1=1% and 0R2=1.2%. Compute the duration of a portfolio of fixed income securities with equal portfolio weights in a zero coupon bond with 2 years and 6 months left to maturity, and in a 2%-coupon bond which is repaid with a 10% premium and with 2 years left to maturity. (The face values are equal to 1000€).
Answers
Duration is a measure of the sensitivity of the price of a bond or other debt instrument to a change in interest rates. It is expressed in years and measures the weighted average of the time until all the bond's cash flows are received.
A zero-coupon bond is one that pays no interest until maturity. The bond is sold a discount to face value and the investor earns interest on the bond as the bond's price increases over time. The portfatolio refers to a collection of investments owned by an individual, organization, or financial institution. An investor's portfolio may include real estate, stocks, bonds, mutual funds, and other investments. The purpose of the portfolio is to diversify risk and maximize returns.
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If a bond is trading at a premium, what is the relationship between the bond's coupon rate, current yield and yield to maturity?
Answers
Bonds acquired at premiums often have lower yields to maturity than bonds purchased at market rates. This is further explained below.
What is a bond?Generally, Bonds are financial securities that reflect loans made to the issuer by the bondholders themselves. When it comes to borrowing money, governments (at all levels) and companies (of all sizes) often turn to bonds.
In conclusion, If you buy a bond at a discount, the yield to maturity will be lower than its coupon rate.
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Today you have decided to elaborate a plan for your personal finances. You expect to have an expense of 31,112 dollars one year from now, a receivable of 19,231 dollars two years from now, and an expense of 18,049 dollars three years from now. How much money do you need to deposit today in order to honor these future financial obligations if your savings account yields 7 % per year? Only a single deposit today is allowed; no other options are available.
Answers
To honor the future financial obligations, you need to deposit $65,833.25 today. This calculation takes into account the present value of each expense and receivable, using a 7% interest rate.
To calculate the amount of money needed to honor the future financial obligations, we need to determine the present value of each expense or receivable using the concept of present value. The formula to calculate the present value is:
Present Value = \(\frac{{\text{{Future Value}}}}{{(1 + \text{{Interest Rate}})^{\text{{Number of Years}}}}}\)
Using this formula, we calculate the present value for each future financial obligation:
Present Value of Expense in Year 1 = $31,112 / (1 + 0.07)¹ = $29,080.28
Present Value of Receivable in Year 2 = $19,231 / (1 + 0.07)² = $16,532.98
Present Value of Expense in Year 3 = $18,049 / (1 + 0.07)³ = $14,220.99
Finally, we sum up the present values of all the obligations to find the total amount needed to be deposited today:
Total Deposit = Present Value of Expense in Year 1 + Present Value of Receivable in Year 2 + Present Value of Expense in Year 3
Total Deposit = $29,080.28 + $16,532.98 + $14,220.99
Total Deposit = $65,833.25
Therefore, you need to deposit $65,833.25 today to honor the future financial obligations.
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Two agencies that look out for the best interests of customers are ______
• AFT and EEOC
• FDA and CPSC
• SEC and EPA
• OSHA and EEOC
two agencies that focus on protecting employees are _____
• AFT and EEOC
• FDA and CPSC
• SEC and EPA
• OSHA and EEOC
Answers
Two agencies that look out for the best interests of customers are AFT and EEOC. Two agencies that focus on protecting employees a FDA and CPSC. The answer is OPTION A&B.
Diversity is the expression of human qualities in other people and groups that are distinct from our own and those to which we belong. These rules guard against discriminatory treatment on the basis of racial, ethnic, religious, gender, sexual orientation, pregn-ancy, national origin, age (40 or older).
Disability, or genetic information for both employees and job seekers. The Equal Employment Opportunity Commission is a federal administrative body with the power to enforce anti-discrimination rules in the workplace. The 1964 Civil Rights Act.
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Who is ultimately responsible for product accountability at the study site?.
Answers
The person that is ultimately responsible for product accountability at the study site is: investigator/institution.
Who is an investigator?An investigator can be defined as the person that is charge of investigational product as the person help to investigate investigational products by ensuring that drug accountability is put in place.
Examples of investigational product are:
VaccineDrugClinical trial palliative etcTherefore The person that is ultimately responsible for product accountability at the study site is: investigator/institution.
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Write the name of any five organic fertilizers and describe any one them.
Answers
One example of an organic fertilizer is compost. Compost is made from decomposed organic materials such as kitchen scraps, yard waste, and other biodegradable materials.
What is Fertilizers?
Fertilizers are substances added to soil or other growing mediums to provide essential plant nutrients that are deficient or absent in the soil. They are used to enhance the growth, yield, and quality of crops, and can be organic or inorganic in nature. Fertilizers contain essential plant nutrients such as nitrogen, phosphorus, and potassium, as well as other secondary and micronutrients that are important for plant growth and development. The use of fertilizers can help increase agricultural productivity and improve food security, but it is important to use them responsibly to minimize negative impacts on the environment.
Compost
Manure
Bone meal
Fish emulsion
Blood meal
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Macroeconomics is the branch of economics that focuses on:
A. comparing the lifestyles of poor and wealthy citizens.
B. economic principles affecting entire countries.
C. helping people find jobs when they're unemployed.
D. financial problems affecting individual families.
Answers
Answer:
B. economic principles affecting entire countries.
Explanation:
Macroeconomics is the part of economic studies that studies the economy of a country as a whole. In this branch of economics, the aggregate income, growth, expenditure and inflation are considered. The performance of the entire economy is measured under macroeconomics. National income, Gross domestic product, inflation and unemployment fall under the macroeconomic studies.
Answer:
economic principles affecting entire countries
Explanation:
i took the test