Q1: Torville Company's contribution margin income statement is presented below.
Sales for the current period consisted of 5,000 units. Determine the company's
break-even point in dollars.
Torville Company
Contribution Margin Income Statement
Sales
Variable costs
Contribution margin
Fixed costs
Sales : $125000
Variable cost : $90000
Contribution margin : $35000
Fixed cost : $28000
Net income: $7000
Net income
S125,000
20.000
35,000
28.000
$7.000

Answers

Answer 1

Based on the sales and the contribution margin, the breakeven point in dollars is $28,000

The breakeven point can be found as:

= Fixed cost / Contribution margin per unit

Breakeven point is therefore:

= 28,000 / (35,000 / 5,000 units)

= 4,000 units

This amount in dollars is:

= (4,000 x (Sales revenue - Variable cost / Number of sales))

= 4,000 x (125,000 - 90,000/ 5,000)

= $28,000

In conclusion, the breakeven point is $28,000

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Related Questions

Which type of listening occurs when we are focused on sharing our own point of view instead of listening to someone else?​

Answers

Answer:

pwede ba po tagalog

nalang pwede

. Suppose that a farmer grows wheat, which she sells to a miller for $10. The miller turns the wheat into flour, which she sells to a baker for $55. The baker turns the wheat into bread, which she sells to consumers for $140. Consumers eat the bread. What is GDP in this economy

Answers

Based on the various amounts that the bread was sold for to different people, the GDP in the country is $140

The GDP in a country refers to the final value of goods and services produced in the country and not the intermediate value.

This is done to avoid the phenomenon known as double counting which can inflate GDP.

The GDP here is therefore the final price of the bread which is $140.

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6.You now have the agreement with the company and will sign the contract as you and the company are satisfied with the contract agreement. Of course, this is will be your first step to build a strong relationship between you and your employer. Your manager will know more about you. This represent which of the negotiation process element?
A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship

Answers

your answer is build the relationship

Which of the following is appropriate interview attire for women?

a
A bright pink, floral suit

b
A t-shirt with a skirt

c
Multiple large necklaces

d
Dark-colored, closed-toed shoes
Will Give Brainlest!! Quickly Please!!! <3

Answers

Answer:

I'm going to say the answer is B ! I could be wrong but this is what i think :)

Explanation:

Answer: The answer is (D) Dark-colored, closed-toed shoes. Although a skirt is a smart choice, a t-shirt is considered informal and you should not choose this answer.

Explanation: I hope this helps good luck! also I got a 100 on the test.

As a general rule a recession is a decline in real GDP that lasts at least

Answers

Answer:

A recession is a significant economic downturn spread across the economy that lasts more than a few quarters. More specifically, the term is typically defined as a period when gross domestic product (GDP) declines for two consecutive quarters

Gerrald Express is a partnership business registered in Singapore. The partners are Glenn and Kim. Each of the partners contributed $50,000 as capital to the partnership and they share equally in the profits and losses.

The partnership carries on the business of marketing services. In the financial year ended 31 December 2020, the partnership recorded a net loss of $79,000 after charging the following items of expenses:

Interest on capital paid equally to the partners $5,000
Glenn salary and bonus 12,000
Kim salary and bonus 15,000
Kim’s airfares for business purposes 4,800
Glenn’s taxi fare reimbursements for business 1,200
Motor car expenses reimbursed to employees 3,000
Depreciation 6,000
Interest on loans to fund operating expenses 2,800

Besides his involvement in partnership business, Glenn is also the Executive Officer of a medium size Company in Singapore. He was paid annual remuneration of $78,000 for the year ended 31 December 2020.

His spouse has no income for last year and has 2 children aged 19 and 12. The son is serving National Service and Glenn did not perform any active NS training in the previous year.

Required:

a) Compute the amount of tax adjusted profit or loss of the Gerrald Express partnership for the year of assessment 2021; [8 marks]

b) Compute the assessable income of Glenn for the year of assessment 2021; [12 marks]


c) State the major difference in a partner’s liability to utilise the losses arising from a partnership and from a limited liability partnership. [10 marks]

Answers

Answer:

i dont knowpls mark me as brinlest

Explanation:

__ analysis is based on the concept that the longer you have to wait to receive money, the less valuable it is right now.

Answers

The analysis which is based on the concept that the longer you have to wait to receive money, the less valuable it is right now is known as:

Discounted cash flow

Based on the given question, we can see that the discounted cash flow has to do with the analysis which is based on the concept that the longer at which a person has to wait to receive money, then the less valuable the money is at the moment.

This is because, this concept is used to make valuations about how much value an investment is worth and how the current value of the investment is and the future projections.

Therefore, the correct answer is discounted cash flow

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Suppose the cross-price elasticity of travelling by bus and travelling by train is 0.7. If the price of traveling by bus increases by 40%, how much would the quantity of traveling by train change

Answers

The quantity of traveling by train would change by 28%.

Cross-price elasticity measures how the quantity demanded of a good is affected by changes in the price of another good.

Cross price elasticity = percentage change in the quantity demanded of good A / percentage change in the price of good B.

0.7 = percentage change in the quantity of traveling by train / 40%

Percentage change in the quantity of traveling by train = 40 x 0.7 = 28%

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The number of textile and agricultural jobs in NC have decreased due to:

Answers

The downfall of the textile industry in South Carolina was attributed to factors such as cheaper labor elsewhere, technology, automation, and other factors related to modernity, wages, education, and economic diversification.

What do you mean by economic diversification?

Economic diversification is the process of transitioning a country's economy from a reliance on a single revenue stream to a variety of sources coming from an expanding number of industries and markets.

It has historically been used as a tactic to promote beneficial economic growth and development.

Diversifying away from vulnerable goods, markets, and jobs in favor of revenue sources that are low-emission and more climate resilient becomes more pertinent in the context of adaptation to climate change.

With more than 2,800 unique products exported to more than 120 nations, Chile is an example of a varied economy. Zambia, a country with equal copper resources, exports just over 700 goods, or one-fourth of Chile's total exports, and only to 80 nations.

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#SPJ1

The subsequent price and quantity of Rift pen is 19 and 20 respectively, while its initial price and quantity demanded is 20 and 16 respectively. A.Calculate the Price Elasticity(Ep) of Demand B. Is it Elastic or inelastic?why?

Answers

From the information given, the price elasticity of demand is -5% and it can be sent that it's elastic.

The percentage change in the quantity demanded will be:

= (20 - 16) / 16 × 100

= 25%

The percentage change in price will be:

= (19 - 20) / 20 × 100

= -5%

Price elasticity of demand = 25/-5 = -5

Sincere it's greater than 1, it's elastic.

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3. Aesop is not using traditional advertisements or discount sales to promote its products. Instead, Aesop gets its promotional communication mostly by word-of-mouth for the design of its products, stores, and events, which are a singular mix of indulgent product experiences, thoughtful language, and modern minimalist design. If you had to interact with Natura & Co SA, which customer engagement model--Natura's, The Body Shop's, or Aesop's-- would be the best for you and why?

Answers

Based on the information given, the model that will be appropriate for the company is the client commitment model.

The client commitment model is a model whereby a company provides and meet the needs of the customers. It is important as it assists the brand with comprehension.

Therefore, the interaction with interact with Natura & Co SA, will ensure that they use this model in order to get more customers, improve sales, and get more profit.

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During the 'Value Articulation' cycle, you are asked to identify whether the solution can be productized for leverage in
future engagements. What would you need to ensure?

Answers

To leverage the productization of solutions identified during the "Value Articulation" cycle, you need to ensure that the solutions gained from the session develop into marketable products.

In all value articulation, the most important factors to consider are as follows:

1. Will the product meet the challenges or desires of potential customers?

2. What are the changes the product will create for the customer?

3. What is the value-added for my organization?

Thus, you must ensure that as the solutions develop into marketable products, they must generate sufficient revenue growth and profitability for the organization.

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Based on the information, it's important to ensure that the solutions gained from the session will enhance the revenue of the company.

Value articulation simply means a framework that's vital in assimilating intellectual property activities within the practices of marketing.

Based on the information given, since the person is asked to identify whether the solution can be productized for leverage in future engagements, it's important to ensure that the solutions gained from the session will enhance the revenue of the company.

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Help buissness help help help

Answers

answer is Mucus Fleming as he is a sports player. (:

Answer:

milton fredman

Explanation:

compensation Policy issues , include a company's policies concerning all the following except Select one
a Setting the salary and promotion strategy
b . The minimum salary they are legally obliged to pay
c The of paid and unpaid leaves as well as holidays
d Defining the probationary pay versus the final employment pay
e Deciding on the Payment for overtime hours.​

Answers

It should be noted that compensation policy issues refer to all the company's policies given except E. Deciding on the Payment for overtime hours.​

A compensation policy simply means the principle of action that is proposed by a company or organization in regard to the salary, benefits, and bonuses of the employee.

It includes setting the salary and promotion strategy, the minimum salary they are legally obliged to pay, etc. It doesn't have to do with deciding on the payment for overtime hours.​

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Help hep help help help

Answers

i believe the answer is B

Jerome is assisting with strategic planning for his organization's information system. He knows that information system organizational strategy is influenced by four main drivers: _____. a. corporate strategy, business unit strategies, innovative thinking, and technology innovations b. technologies, competencies, people, and projects c. strategic planning focus, information system goals, business unit strategy, and typical projects d. decision-making frameworks, focus of resource use, business opportunities, and communication among management and other personnel

Answers

Jerome is assisting with strategic planning for his organization's information system. He knows that information system organizational strategy is influenced by four main drivers: d. decision-making frameworks, focus of resource use, business opportunities, and communication among management and other personnel.

The information system is introduced in companies that want to change their methods of operations, goals, products, and services to meet up to their competitions or supersede them.

To successfully achieve these objectives, the resources, business strategies, decision-making framework, and communication should be strengthened to implement the Information system

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How is Adam Smith both praiseworthy and suspicious of businessmen's ability to serve the public good

Answers

Answer: Smith does not exactly praise the abilities of businessmen to foster the public good; he just thinks that, given the ability to make their own decisions, these men will make rational ones that make economic sense.

Explanation: Yes

did this webside is working?

Answers

yes, it is webside working definitely

what is marketing planing

Answers

Answer:

The marketing plan details the strategy that a company will use to market its products to customers. The plan identifies the target market, the value proposition of the brand or the product, the campaigns to be initiated, and the metrics to be used to assess the effectiveness of marketing initiatives.

Answer:

Marketing planning is a part of a design to achieve a goal. The marketing plan contains an action plan (who does, what and when) and a vision, strategic objectives, goals, and objectives

Which of the following is not a type of trademark? fanciful arbitrary simple suggestive

Answers

Considering the available options, the choice that is not a type of trademark is "Simple."

What is a Trademark?

Trademark is the term used to describe the word, phrase, design or symbol, or combination thereof.

Generally, the purpose of a Trademark is to create the identity for the source of the commodities such that these commodities can be easily differentiated from similar commodities.

Different types of Trademarks

There are four major categories of Trademarks which include the following:

Coined or Fanciful trademarkArbitrary trademarkSuggestive trademarkDescriptive trademark

Hence, in this case, it is concluded that the correct answer is "Simple."

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Answer:

The answer is B

Explanation:

got it right on edge 2022

Two groups have different uses for a local field. A bird watching society enjoys studying the ground-nesting swallows that visit each summer. A mountain bike camp prefers to use the field to build jumps and hold other events and receives a benefit of $1,000 from using the field. When it does, the activities scare away the birds and the bird-watching society faces a wealth reduction of $700. What is the optimal use of the field during the summers

Answers

The optimal use of the field during summer season is to provide the field to the bird watching society.

The optimal use of the field during summer season is to avoid the mountain bike camp and allow the bird watching society to enjoys studying the ground nesting swallows that visit each summer because bike camp can be planned at any other location.

But the birds can't nested except this place so the field should allow the bird watching society to enjoys studying the ground nesting swallows on the field so we can conclude that the optimal use of the field during summer season is to provide the field to the bird watching society.

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Select all that apply.

Work environments can be:

indoor
outdoor
both indoor and outdoor
none of the above

Answers

Answer:

C. Both indoor and outdoor

Answer:

C

Explanation:

What do you think the curves would look like in the next 100 years?

Answers

Answer:The last 100 years have seen a massive fourfold increase in the population, due to medical advances, lower mortality rates, and an increase in agricultural productivity made possible by the Green Revolution.

What is the balance between supply and demand called ?

Answers

Answer:

I think it is Market equilibrium

The balance between supply and demand is known as the market equilibrium.

The supply and demand are determined through the price mechanism in a free market. Such as if the goods or services are bought more frequently then their prices will go up and vice versa.

This means that the price mechanism helps to determine what goods are to be produced. In the case where the demand for good increase will result in price go up and will ultimately result in producers supplying more of those goods.

This system of price helps to scale the point where competing demands may be weighed by the consumer or producer requirements.

However, the movement towards the price equilibrium and the resulting balance between the supply and demand is known as the market equilibrium.

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A company provided the following data: sales, $510,000; beginning inventory, $41,000; ending inventory, $46,000; and gross profit, $159,000. What was the amount of inventory purchased during the year?

Answers

Answer:

23.000

Explanation:

Which of the following is true of the kinked demand model of​ oligopoly?
A. Each firm believes that if it lowers its price the other firms will follow​ suit, but if it raises its price the other firms will not raise their prices.
B. Each​ firm's marginal revenue curve is discontinuous at its current level of output.
C. The model predicts price rigidity. For​ example, the firms may not change their prices when marginal costs change.
D. All of the above are true.

Answers

Answer: D

Explanation:

Consider a favorite product or service of yours. What is it you value, and
what matters most? Can you develop clear requirements from this? And
Categorize your requirements revealed through the value you perceive into
‘Basic Quality’, ‘Spoken Performance’, and ‘Excitement Quality’ features,
2-2) And Taking your example from questions 1 put yourself in the place of
the supplier; how might you access customer requirements such as the
ones you noted?

Answers

Based on the information given, a favorite product of mine will be a mobile phone and it provides me with several values such as communication, taking pictures, etc.

The values that can be gotten from mobile phones will be communication, managing professional meetings, and emails, making purchases on online stores, capturing photos and videos.

Also, the most important feature of the mobile phone that I like is the camera and its connectivity.  The requirements that I like in a mobile phone include camera features, clarity of calls, and ease of access.

In conclusion, as a supplier, I will create a feedback mechanism in order to get information from consumers regarding the products.

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Help help help help help help please please

Answers

Answer:

A

Explanation:

The final answer would be A

Baby Goods Inc. buys Child Shops Inc. in an attempt to gain monopoly power. Remedies that a court might impose in a suit against Baby Goods for a violation of the antitrust laws include Group of answer choices using its market power to encourage increased competition. funding new entries to the relevant market. divesting itself of the control or ownership of Child Shops. all of the choices.

Answers

Based on the information given regarding the monopoly power, the remedy by the court will be divesting itself of the control or ownership of Child Shops.

It should be noted that antitrust laws are put in place in order to protect consumers from business practices that are predatory and also ensure fair competition.

Since antitrust laws recommend the breaking of certain business conducts, there'll be the divesting of the company of the control or ownership of Child Shops.

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During the external audit of Indico Ltd, which provides industrial maintenance services, the audit senior discovered that the operations director, with the approval of the other directors of Indico, had instructed employees to breach statutory health and safety regulations so that the company would benefit from cost savings. Explain the audit senior’s and the audit firm’s responsibilities in respect of this matter.

Answers

Basically, an auditing is done to examine an organization's financial records to determine the accuracy and to check if they are prepared in accordance with applicable accounting rules.

An external audit is the auditing done by an independent accountant to examine the financial records of the firm,

Since the audit senior (external audit) discovered that the firm instructed their employees to breach statutory health and safety regulations to save cost, then, it is apparent that a rule have been violated.

In conclusion, in this case, the audit senior is required to report the discovery to necessary department for proper sanction and the audit firm is at responsinility to prove it does not default to safety regulation.

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