Compute the break-even point for a multiproduct company and explain the effects of shifts in the sales mix on contribution margin and the break-even point.
Answers
Effects of shifts in the sales mix on contribution margin and the break-even point can be because of the below-mentioned reasons.
For break-even point refer to the attached image for a multi-product company Sales mix refers to the proportions of a company's products that are sold.
The goal of this is to find the combination, or mix, that will produce the highest profit.
Changes in a company's sales mix can cause variations in profits.
Even when total sales increase, a shift in the sales mix from high-margin items to low-margin items can result in total profits falling.
On the contrary, when there is a shift in the sales mix from low-margin items to high-margin items, can have the opposite effect where total profits can increase even when total sales decrease.
If a company sells more than one product, the break-even analysis becomes more perplexing than the break-even analysis of a single product.
The reason for the above is that different products will have different selling prices, costs, and contribution margins.
Hence, the break-even point is determined by the mix of products sold.
Learn more about sales mix:
https://brainly.com/question/18123993
#SPJ4
Related Questions
Name three factors that determine a good’s or service’s elasticity.
Answers
Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
Answer:
(1) availability of substitutes(2) if the good is a luxury or a necessity, (3) the proportion of income spent on the good, and(4) how much time has elapsed since the time the price changed.match each type of area with the correct level of housing prices?
URBAN
EXURBAN
SUBURBAN
LOW HOUSING PRICES
MEDIUM HOUSING PRICES
HIGH HOUSING PRICES
Answers
Answer and Explanation:
The matching of the area with the level of housing prices is as follows
Urban = High housing prices
As urban refers to that area in which there is a large population so of course the prices of the houses are high
Exurban = Low housing prices
The exurban is located in the rural areas in which there are less populations as compared to sub
Suburban = Medium housing prices
In this the population is more than the exurban
a. by how much will gdp change if firms increase their investment by $12 billion and the mpc is 0.90?
Answers
The change in GDP if the MPC is 0.90 and the level of investment is $12 billion, is $120 billion.
The change in GDP which may be as a result of a change in the investment spending can be thus found by the given formula:
= Increase in investment × Multiplier
The multiplier can be founded by the formula:
= 1 / (1 - MPC)
= 1 / ( 1 - 0.9)
= 10
The change in GDP is therefore:
= 12 billion x 10
= $120 billion
If the MPC is 0.90, the multiplier is:
= 1 / ( 1 - 0.90)
= 10
Thus, the change in GDP would be:
= 12 billion x 10
= $120 billion
Hence, the change in GDP if MPC is 0.90 and the level of investment is $12 billion, is $120 billion.
To learn more about the GDP here:
https://brainly.com/question/15682765
#SPJ4
In job order costing, the journal entry for the flow of direct materials into production consists of a group of answer choices debit work in process, credit materials debit work in process, credit supplies debit materials, credit work in process debit factory overhead, credit materials
Answers
In job order costing, the journal entry for the flow of direct materials into production is Debit work in process, credit materials.
When clients purchase discrete, tiny quantities of goods, a mechanism called job order costing is used. This approach establishes the cost of each particular product and makes sure that it is affordable enough for a client to buy it while yet enabling the business to turn a profit.
The cost of the partially finished products is tracked using the asset account known as the work-in-process inventory account. The value of the WIP inventory that was accessible at the beginning of the accounting period is included in the work-in-process inventory account.
Credit Materials are the references and attributions that include the appropriate symbols, graphics, and text that designate a Party as the creator of the Content (where applicable).
To learn more about job order costing
https://brainly.com/question/14930550
#SPJ4
Which of the following are included in a concise project objective statement? (Check all that apply.)
Schedule
Resources required
Scope and major deliverables
Answers
A concise project objective statement contains scope and major deliverables as well as resources required. Additionally, it may also include a schedule.A project objective statement is a clear, short statement that defines what a project is designed to achieve.
It assists stakeholders in understanding the project's purpose, scope, and goals. A concise project objective statement is vital to a project's success because it defines the objectives and deliverables in a way that everyone understands. This article will look at some of the elements of a concise project objective statement. Scope and Major Deliverables A project objective statement's scope outlines the objectives, goals, and responsibilities of the project. In contrast, major deliverables refer to the expected outputs of the project.
These may include reports, products, designs, software, or other specific end results. Defining both the scope and major deliverables at the project's start enables stakeholders to know what they need to achieve.Resources RequiredThis section of the project objective statement lists the necessary resources, including labor, finances, equipment, and materials. These resources are critical in the planning phase, where they help determine the project's cost and feasibility.
To know more about project objectives click here
brainly.com/question/23953270
#SPJ11
Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to
O*NET, what are common tasks performed by Graphic Designers? Check all that apply.
conferring with clients
creating designs, concepts, and sample layouts
scheduling projects for clients
hiring and training new team members
determining size and arrangement of illustrative material and copy
developing graphics and layouts
Answers
Answer:
creating designs, concepts, and sample layouts
scheduling projects for clients
determining size and arrangement of illustrative material and copy
developing graphics and layouts
Answer:1,2,5,6.
Explanation:
Over lunch, Daniel and Haley are discussing their managers. Daniel describes his boss as extremely motivating. Daniel feels much more psychologically empowered and more self-confident because of how his manager leads their team. Work goals are more demanding than ever, but even though the rewards of the hard work may not come soon, Daniel trusts his manager's emphasis on the future good that will come from their work. Daniel feels that working with his new manager has led to a much stronger emotional bond with the organization, much more engagement with the work, and an overall increase in his job satisfaction. Daniel's boss can be described as a(n) ______ leader.
Answers
Answer:
transformational
Explanation:
Transformational leadership is a leadership theory in which the leader would be worked with teams so that if there is any needed that could be made should be identified also it would the develop the vision in order to suggest the change via inspiration and execute the same.
Since in the question it is mentioned that Daniel feels that if he worked with his new manager so there would be the high chances of stronger emotional bond due to this he is more engage with the work
So this represent the transformational leader
According to the concept of the invisible hand, what emerges due to the self-interested
choices of buyers and sellers in a free market?
Answers
Answer: The invisible hand is a metaphor for how, in a free market economy, self-interested individuals can promote the general benefit of society at large.
Your friend Jomaine says a Traditional IRA or 401(k) has the best tax advantages because you don't pay any taxes now, and you can wait until you retire to pay taxes. Why might he be right?
Answers
Government often tax the income of its people. The reason why might he be right is that if an individual expect tax rates to go up or because one is starting your career and your tax bracket would be lower now than what it will be later on.
When an individual is older and in retirement, the person would want to save your money and not have to worry about any taxes.Tax advantages simply defined as the economic bonus that applies to some accounts or investments that an individual has such as one gotten by statute, tax-reduced, tax-deferred, or tax-free.Conclusively, An Examples of tax-advantaged accounts and investments are retirement plans, education savings accounts, medical savings accounts etc.
Learn more from
https://brainly.com/question/25015992
4.
manager wants to give a pay rise to everyone who is paid less than the average salary.
This table shows the annual salaries of the employees in the company.
Employee
Salary (in £ thousands)
AJ
16
TM
23
WF
23
SW
22
MT
15.5
RD
18.5
JR
20
LS
23
PB
36
Tick all of the employees who are paid less than the median salary.
Answers
Answer: AJ, MT, RD, Jr
Explanation:
Given the following data :
AJ - 16
TM - 23
WF - 23
SW - 22
MT - 15.5
RD - 18.5
Jr - 20
LS - 23
PB - 36
Median salary can be calculated thus :
Arranging salary in ascending order of Magnitude :
15.5, 16, 18.5, 20, 22, 23, 23, 23, 36 (£ thousand)
Meduan salary is the 5th figure in the arrangement = £22 thousand
Therefore, those earning less than the median salary are:
AJ, MT, RD, Jr
Offering extrinsic rewards as a motivator fits best with which theory of learning?
Answers
Answer: Extrinsic Motivation
Explanation:
Statistics are the straw out of which i like every other ecnomist have to make bricks. Explain
Answers
As Marshall observed, "Statistics are the straw out of which I, like every other economist, have to create bricks," this statement does definitely illustrate the significance and relevance of statistics in economics.
The economy is one of the most important aspects of our lives. Professionals in the financial sector frequently use it. However, economics without statistics is useless. We will offer statistics on economics with you in this blog. In economics, various statistics in economics are employed. You can reveal those economic information with the aid of this blog. But first, let's look at what statistics mean in the context of economics.
The quantification of data is handled by statistics. The qualitative data that is used in the data collection was represented using a variety of figures. The methodology used to deal with data collection, tabulation, classification, and presentation is known as statistics in economics.
Learn more about statistics in economics here
https://brainly.com/question/23822576
#SPJ9
if excess reserves in banks suddenly increase (banks have more money), will it be easier or harder for banks to get a loan from another bank?\
Answers
Answer:
If excess reserves in banks suddenly increase, it generally becomes easier for banks to get a loan from another bank. Excess reserves refer to the amount of money that banks hold in their reserves above the required reserve ratio set by the central bank
Explanation:
When banks have more excess reserves, it means they have more funds available to lend to other banks. This increased liquidity makes banks more willing and able to extend loans to other banks in need. They have more money to spare, which reduces their dependency on borrowing from other banks and lowers the risk associated with lending.
Additionally, higher excess reserves indicate a healthier financial position for the lending bank. Banks with larger reserves are considered more stable and reliable borrowers, which can make it easier for them to obtain loans from other banks. Lending institutions typically prefer to provide funds to banks that have stronger balance sheets and sufficient liquidity
Please hurry!!!
how can a small company benefit from writing a marketing plan?
Answers
Answer:
One Page Marketing
Explanation:
One Page Marketing Plan can help simplify and maximize your marketing efforts as well as help you create an actionable to reach your business goals.
help me to answer thi Q! Thanks!
Answers
an individual who scores high on holland's _____ dimension enjoys working with people in order to persuade, lead, or manage them to reach organizational goals.
Answers
It should be noted that scoring high on holland's model influence how people lead and manage things.
What is holland's model?The holland's model explain how people lead and manage things around them, it explains that been a leader is inbuilt.
Therefore, individual who scores high on holland's model dimension enjoys working with people.
Learn more about holland's model at:
https://brainly.com/question/25870256
You have data showing demand for plumbing services rising for each of the last five years. This would best be displayed on a:
a) Line graph
b) Scatter plot
c) Pie chart
Answers
Answer:
Line gray
Explanation:
Each of the last five years has shown an increase in demand for plumbing services, according to the data. A line graph would be the best way to show this.
Option A is the best option that displays the best about the rising plumbing demands.
Why do line graphs display the best?Line graphs are used to track changes across time, both short and long. When there are fewer changes, line graphs are preferable over bar graphs. Line graphs can also be used to compare changes for multiple groups over the same time period.Line graphs are valuable because they clearly display data variables and patterns, and they can aid in making predictions about the outcomes of data that has not yet been recorded.
For more information about line graphs, refer below
https://brainly.com/question/2882805
What are items such as health insurance, life insurance, sick days, vacation time, and retirement savings called when provided by an employer?
A. paybacks
B. benefits
C. payroll
D. bonuses
Answers
Valerie has been asked to write copy for the new client pitch her team is presenting next week that is designed to sell a new service her company is offering. She was asked to take on this task because she excels as a what?
Answers
Answer:
c public relations specialist
Explanation:
If the planned budget revenue for 5,000 units is $120,000, the flexible budget revenue for 4,500 units is ______.
Answers
Based on the planned budget revenue, the flexible budget revenue for 4,500 units will be $108,000.
What is the flexible budget revenue?First find the selling price under the planned budget:
= 120,000 / 5,000
= $24
The flexible budget revenue will be:
= 24 x 4,500 units
= $108,000
In conclusion, the flexible budget revenue is $108,000.
Find out more on the flexible budget at https://brainly.com/question/25353134.
Because Worldcom's accounting fraud was brought to an end with Cynthia Cooper's intervention,
WorldCom investor and employee losses were
Answers
Answer:
Explanation:
Less
Which of the following statements is correct? The dead weight loss caused by monopoly
Answers
a significance test about a proportion is conducted using a significance level of . the test statistic equals . the​ p-value is . a. if were​ true, for what probability of a type i error was the test​ designed? b. if this test resulted in a decision​ error, what type of error was​ it?
Answers
The response to the following error is in accordance with the question.
a) Type 1 error = 0.05
b) Type 1 error
What is a statistical example?A stat is a numerical expression of a sample attribute. The average amount of points achieved by students in one mathematics at the conclusion of term, for instance, is an illustration of a statistics if we see that class as a sample of the entire population of any and all math classes.
a) Type 1 error = 0.05
b) When doing a statistical t test, a p-value aids in determining the value of your findings. The p-value is just a number ranging from 0 to 1 that may be understood as tries to follow: When the null hypothesis is forcefully refuted by a tiny p-value (usually 0.05), the alternative hypothesis is rejected.
0.03 < 0.05
Reject
Type I or type II mistakes. A type I mistake in statistical hypotheses testing is when a true hypothesis is rejected (also called as a "false positive" finding), whereas a negligent Misstatement is when a false null hypothesis is not rejected
Type 1 error
To know more about static visit:
brainly.com/question/14318705
#SPJ4
Complete question:
which statement best explains the relationship between points A and B?
Answers
I'd:4846539230
passcode Q9opl
or
fco-tthv-dvt
Answers
Answer:
I'm guessing for a zoom?
Explanation:
you have been asked to perform a penetration test for a company to see if any sensitive information can be captured by a potential hacker. you used wireshark to capture a series of packets. using the tcp contains invoice filter, you found one packet. using the captured information shown, which of the following is the name of the company requesting payment?
Answers
ACME, Inc is the name of the company requesting payment.
The school, home, office, hardware, and industrial sectors are served by Acme United Corporation, which also provides cutting, measuring, and safety items. Under Connecticut law, the business was established in 1867 as a partnership and incorporated in 1873. It trades on the NYSE Mkt under the ticker code ACU. Operations for Acme United are spread across the Americas, Canada, Europe (with headquarters in Germany), and Asia (located in Hong Kong and China). Activities related to product research, production, marketing, sales, administration, and distribution are principally carried out by the businesses in the United States, Canada, and Europe. Activities related to sales, quality control, and sourcing make up the operations in Asia.
To know more about company requesting payment visit:
https://brainly.com/question/16413954
#SPJ4
can someone recommend me some research topics for economics.would really appreciate if it is in a list
Answers
Explanation:
here are some research topics for economics::
1. The effect of income changes on consumer choices
2. The effect of labor force participation on the economy and budget – A comparison
3. The impact of marital status on the labor force composition: A case of [your country] economy
4. The difference in the consumption attitude in [your country] over the last decade – Critical analysis of consumer behavior trends
5. The relationship between salary levels and ‘economic convergence’ in [your country]?
6. Analyzing salary inequalities in [your country] and the forces behind such inequalities.
7. The evolution of consumption in [your country] over the last 10 years: Trends and consumer behavior.
8. Dynamics of the Gini index as a reflection of the problem of inequality in income
9. Cashless economy: The impact of demonetization on small and medium businesses
10 Privatization of Public Enterprises and its implications on economic policy and development
________ and ________ allow a financial intermediary to offer safe liquid liabilities such as deposits while investing the depositors' money in riskier illiquid assets.
Answers
Fractional reserve banking and maturity transformation allow financial intermediaries to provide safe and easily accessible deposits to customers while investing those funds in riskier and less liquid assets.
Fractional reserve banking is a system in which financial institutions are required to hold only a fraction of the deposits they receive as reserves, while the rest can be used for lending and investment purposes. This allows them to create a larger amount of safe and liquid liabilities, such as demand deposits, than the actual reserves they possess. Simultaneously, financial intermediaries engage in maturity transformation, which involves borrowing short-term from depositors and using those funds to invest in longer-term and potentially riskier assets, such as loans or mortgages. By investing in these illiquid assets, financial intermediaries can earn a higher return. However, this practice also carries the risk of liquidity mismatches if depositors decide to withdraw their funds simultaneously or if the value of the invested assets declines significantly, potentially leading to financial instability.
Learn more about liabilities : brainly.com/question/28391469
#SPJ11
the distance between the supply curve and the price the producer receives for a product for a given quantity supplied is referred to as:
Answers
Producer surplus is the difference among the supply curve with the price a producer receives with a given quantity of a product.
What is producer surplus?Producer surplus is the gap between the product's price and the lowest price a producer is ready to accept for it. The producer surplus increases as the price of the good rises.Producer surplus is equal to the product's price minus the lowest price at which the seller will accept a sale of the product.For example, the least price a seller seems to be willing to sell a good is $1000. The item has a $2000 cost. The producer surplus is $1000 (2000 - 1000).The demand curve shows the relationship between price and quantity demanded. The supply curve displays the link between price and amount delivered. The producer surplus seems to be the region just above supply curve however the area just below demand curve.To learn more about producer surplus refer to :
https://brainly.com/question/17267471
#SPJ4
by the late 1920s, the stock market was taken over by , or buying and selling with the expectation that prices will continue to rise, leading to quick gains.
Answers
By the late 1920s, the stock market was dominated by speculation, characterized by buying and selling securities with the anticipation of continuous price increases and the prospect of making quick profits.
During the late 1920s, the stock market experienced a period of speculative fervor known as the "Roaring Twenties" or the "Stock Market Boom." Speculation refers to the practice of engaging in buying and selling securities, primarily stocks, with the expectation that their prices will continue to rise. This speculative activity was fueled by the belief that the stock market would perpetually provide quick and substantial gains.
Investors and speculators were drawn to the stock market as the prices of stocks soared to unprecedented levels. There was a prevailing sentiment of optimism and exuberance, with many individuals taking part in the market in the hopes of amassing wealth rapidly. The practice of speculation was driven by the perception that one could buy stocks at a certain price and sell them later at a higher price, profiting from the price difference.
However, this speculative behavior eventually contributed to the stock market crash of 1929, also known as the "Great Crash" or "Black Tuesday." The overvaluation of stocks and the excessive reliance on speculation led to a significant market downturn, causing widespread financial devastation and triggering the onset of the Great Depression.
Therefore, by the late 1920s, the stock market had become dominated by speculative activities, characterized by buying and selling with the expectation of continuous price increases and the lure of quick profits. This speculative fervor contributed to the market's eventual downfall and the subsequent economic crisis of the 1930s.
Learn more about stock market here:
https://brainly.com/question/7550583
#SPJ11