The following data are for Sophie Wynn Company.
Variable cost per unit $12.50
Fixed costs $500,000
Calculate the selling price per unit that must be charged in order to generate a profit of $270,000 with a sales volume of 50,000 units.
$23.30
$17.90
$27.90
$24.90
$15.40

Answers

Answer 1

With a sales volume of 50,000 units, the selling price per unit that must be set in order to make a profit of $270,000 is $27.90. Option (c).

Costs that change as the volume increases are known as variable costs. Raw materials, piece-rate labor, production supplies, commissions, shipping expenses, packing costs, and credit card fees are a few examples of variable costs. The "Cost of Goods Sold" is the name given to the variable costs of production in some accounting statements.

An expense for the company that varies according on how much is produced or sold is called a variable cost. Depending on a company's production or sales volume, variable costs grow or fall. They climb as production rises and reduce as production declines.

First variable cost calculation

Added a fixed cost and Added revenue

Divide by the number of units.

Answer for step five: selling price per unit

Determine the selling price per unit.

Particular                                                      Amount

Variable cost per unit ( 12.5 × 50000)     6,25,000

Fixed cost                                                     5,00,000

Desire profit                                                  2,70,000

Total cost                                                     13,95,000

÷ Number of units                                          50,000

Selling price per unit                                        27.9

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Correct Question:

The following data are for Sophie Wynn Company. Variable cost per unit $12.50, Fixed costs $500,000. Calculate the selling price per unit that must be charged in order to generate a profit of $270,000 with a sales volume of 50,000 units.

a. $23.30

b. $17.90

c. $27.90

d. $24.90

e. $15.40


Related Questions

Josh buys an $8000 10-year bond that has a coupon rate of 4.5 %. If he keeps the bond to maturity, how much interest will he collect?

Answers

Josh will collect $3600 in interest if he keeps the $8000 10-year bond with a 4.5% coupon rate to maturity.

To calculate the interest that Josh will collect from the 10-year bond with an $8000 face value and a coupon rate of 4.5%, we need to consider the annual interest payment and the total number of interest payments over the bond's lifespan.

The annual interest payment can be calculated by multiplying the face value of the bond ($8000) by the coupon rate (4.5%). This gives us an annual interest payment of $360 (8000 * 0.045).

Since the bond has a 10-year maturity, there will be a total of 10 interest payments over its lifespan. Therefore, the total interest Josh will collect can be calculated by multiplying the annual interest payment ($360) by the number of interest payments (10).

Total interest = Annual interest payment * Number of interest payments

Total interest = $360 * 10

Total interest = $3600

Therefore, if Josh keeps the bond to maturity, he will collect a total of $3600 in interest over the 10-year period.

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Which part of the citation below refers to the publisher?

“Projections Overview.” Occupational Outlook Handbook. Bureau of Labor Statistics, 29 March 2012. Web. 1 May 2013.

a)Bureau of Labor Statistics
b)Occupational Outlook Handbook
c)Projections Overview
d)Web

Answers

Answer:

A

Explanation:

the bureau of labor statistics is the company publishing the book, the occupational outlook handbook is what they published, projection overview is the specific chapter or part of the handbook. and web is just stating what form the citation is in

Bureau of Labor Statistics of the citation below refers to the publisher. “Projections Overview.” Occupational Outlook Handbook. Bureau of Labor Statistics, 29 March 2012. Web. 1 May 2013. The correct option is a.

What is the Bureau of Labor Statistics?

The U.S. Bureau of Labor Statistics gathers, examines, and disseminates trustworthy data on a variety of aspects of our economy and society. We track changes in employment, pay, worker security, output, and prices.

The Bureau of Labor Statistics (BLS) is a United States government agency that collects, analyzes, and disseminates statistical data on the American labor market and economy. The BLS is responsible for producing a wide range of economic and employment data, including the monthly Employment Situation Report, which provides the latest information on employment, unemployment, and wages in the United States.

Other key data produced by the BLS include the Consumer Price Index (CPI), which tracks changes in the prices of goods and services over time, and the Producer Price Index (PPI), which measures changes in the prices of goods and services purchased by businesses.

Thus, the ideal selection is option a.

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When buyers in a competitive market take the selling price as given, they are said to be a. monopolists. b. free riders. c. price takers. d. market entrants.

Answers

The answer should be C.) price takers. Hope this helps!

Suppose government spending is cut. Other things being equal, the aggregate demand for national production will
rise.


remain constant.


fall.


All of the above

Answers

Answer:

Fall.

Explanation:

Since government spending is one of the components of aggregate demand, an increase in government spending will shift the demand curve to the right. A reduction in taxes will leave more disposable income and cause consumption and savings to increase, also shifting the aggregate demand curve to the right.

Carley is balancing her checkbook. She has written several checks on her account that do not show as being paid on her bank statement. Based on this information, which of the following will she need to remember to include when reconciling her account?
A.
Only deposits showing on her bank statement
B.
Outstanding withdrawals
C.
Outstanding deposits
D.
Only withdrawals showing on her bank statement

Answers

B: outstanding withdrawals

What are managed services?

Answers

Explanation:

In order to optimize efficiency and minimize costs, managed services are the method of transferring the obligation for managing and forecasting the need for a variety of systems and functions.

Resources like infrastructure, device, network and protection are provided by a service provider through continuing and daily assistance and effective management on the properties of customers, in the MSP's server farm or in a third-party server farm.

5. Briefly describe the asymmetric information theory of capital structure. What are its implications for financial managers?

Answers

Answer:

According to the theory of asymmetric information applied to capital structure. because managers know more about the value of the firm than external investors, managers tend to favor a capital structure that is higher on equity (internal financing) than debt (external financing).

This asymmetric information may also lead them to benefit old investros over new investors.

Please answer i need help​

Please answer i need help

Answers

Explanation:

I can't really answer this but it's like a essay about the future job of your best customers of what I believe like it says use your imagination is all I can think of. sorry

Anyone who has worked in team situations has discovered that some members of the team work harder than others; nonetheless, the whole team is often rewarded based on the overall results, not individual effort. How could team evaluations be made so that individual efforts could be recognized and rewarded?

Answers

In order for individual efforts to be recognized and rewarded, team assessments should be made based on the work of each individual employee.

What is an Employee Assessment?

It is a means that a company has to measure the work, efforts, achievements and difficulties of an employee through a series of performance evaluation techniques, which help in understanding the strengths and weaknesses of the employee.

Therefore, the individual performance assessment helps in a more accurate understanding of each employee and their characteristics, for better feedback, follow-up and control.

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A database program would probably be used to

Answers

Answer:

The application scope of the database is very wide, such as the student information management system, course selection system, as well as the telecommunications department payment system, statistical system, and online game account management, etc., can be said that the current software, especially the network application software, is to use the database

Answer:

A database program would probably be used to track purchases on a commercial website.

Explanation:

A database is the heart of a business information system and provides file creation, data entry, query and reporting functions.

You are planning to save for retirement over the next 25 years. To do this, you will invest $820 per month in a stock account and $420 per month in a bond account. The return of the stock account is expected to be 10.2 percent, and the bond account will pay 6.2 percent. When you retire, you will combine your money into an account with a return of 7.2 percent. How much can you withdraw each month from your account assuming a 20-year withdrawal period

Answers

Answer:

$10,460

Explanation:

You will contribute 25 x 12 = 300 monthly payments to your savings accounts.  In order to determine their future value, we must first determine the effective interest rates:

stock account = 1.102 = (1 + r)¹²

¹²√1.102 = ¹²√(1 + r)¹²1.008127 = 1 + rr = 0.008127 = 0.81% monthly rate

bond account = 1.102 = (1 + r)¹²

¹²√1.062 = ¹²√(1 + r)¹²1.0050 = 1 + rr = 0.005 = 0.5% monthly rate

In 25 years, you will have:

stock account = $820 x 1,265.21433 (PV annuity factor, 0.81%, 300 periods) = $1,037,475.75bond account = $420 x 692.99396 (PV annuity factor, 0.5%, 300 periods) = $291,057.46total = $1,328,533.21

using the payout annuity formula:

P₀ = [d (1 - (1 + r/x)⁻ⁿˣ)] / (r/x)

P₀ = $1,328,533.21d = monthly withdrawal = ? r = annual interest rate = 0.072 x = number of compounding periods = 12n = number of years = 20

$1,328,533.21 = [d (1 - (1 + 0.072/12)⁻²⁴⁰)] / (0.072/12)

$7,971.20 = d (1 - 0.23795)

$7,971.20 = d (0.762)

d = $7,971.20 / 0.762 = $10,460

As the manager in an insurance company, Emanuel is responsible for reviewing the following two plans that he will offer to the public:

1. Low-deductible, high-premium health insurance plan
2. High-deductible, low-premium health insurance plan

Required:
Which plan would someone choose if he or she were concerned that doctors may order too many tests

Answers

Answer:

1. Low-deductible, high-premium health insurance plan

Explanation:

The premium paid for a health insurance plan is the amount of money an individual, a family, or a company must pay for a health insurance policy.

The deductible paid on a health insurance plan is the amount paid for medical expenses as an upfront payment before the insurance company pays for the remaining medical expense.

A high-deductible health plan saves more money in the form of lower monthly premiums it gives, and it is cheaper provided the individual or group choosing this service is not someone that have medical ailments that require frequent hospital visits, and doesn't have costly medical bills.

Low deductibles have higher premiums and are best when an individual predicts seeing the doctor often or he/she is not healthy.

One of the reasons it is said that only the investment banker wins when a company is acquired is that theyA. assure the newly acquired company will be successful.B. continue to work with the two companies involved.C. collect huge up-front fees regardless of the outcome afterwards.D. monitor the progress of both companies for long term growth.

Answers

The reason it is said that only the investment banker wins when a company is acquired is that they  (C.) collect huge up-front fees regardless of the outcome afterward.

When a company is acquired, investment bankers often provide advisory services to the companies involved, including conducting due diligence, negotiating the terms of the acquisition, and raising funds for the acquiring company. Investment bankers charge high fees for these services, regardless of whether the acquisition is successful or not. This means that even if the acquisition turns out to be a failure, the investment banker still receives a large fee for their services. Therefore, it is often said that only the investment banker wins in such situations.

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At year-end (December 31), Chan Company estimates its bad debts as 0.80% of its annual credit sales of $831,000.
Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $416
account of P. Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount
previously written off.
Prepare Chan's journal entries for the transactions.

Answers

Answer:At year-end (December 31), Chan Company estimates its bad debts as 0.80% of its annual credit sales of $831,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $416 account of P. Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off. Prepare the journal entries for these transactions. View transaction list 1 Record the estimated bad debts expense. 2 Wrote off P. Park's account as uncollectible. 3 Reinstated Park's previously written off account 4 Record the cash received on account. Credit Note :· journal entry has been entered Record entry Clear entry View general journal

A strength of Enterprise's Generation X managers is likely to be their _____

Answers

Answer:

A strength of Generation X managers is likely to be their ability to provide feedback to employees

Explanation:

mark me brainliest!!

Business transactions

Answers

Answer:

A business transaction is a financial transaction between two or more parties that involves the exchange of goods, money, or services

what does ip address mean??

Answers

Answer:

It is where you live and more stuff I forgot

Thoughts about how eren is acting in attack on titan? Is he the villain or the hero? Also if he touches hangi again I am gonna scream !!!!

Answers

Answer:

I would say he is the hero with a possible dark side i can't really say cause i haven't watched a lot but he definitely has a lot going on

Explanation:

Answer:

I have mixed feelings

ATTACK ON TITAN SPOILER WARNING

I dont really agree with what he is doing, he used to protect his friends at all costs and dint want Armin and Mikasa to join the scouts because he did not want them to get hurt or die. He tried his best to make sure his friends were safe in seasons 1-3, but now he puts them in harm's way just to succeed with his plan. Sasha has to pay the price of Eren's recklessness, and all of the scouts are starting to doubt Eren. I feel like Eren has lost himself in the process of trying to gain freedom. I still love Eren, but I don't compeletly agree with him. That man just needs a hug. He's tired of this war.

Using the post-enrollment method, when will a new member be disenrolled from their C-SNP if a qualifying condition cannot be verified?

Answers

A new member is disenrolled from their C-SNP if a qualifying state cannot be demonstrated by the end of the first month enrolled.

What is C-SNP?

Chronic Condition Special Needs (C-SNP) programs exist as a kind of Medicare Advantage (MA) plan created to satisfy the unique conditions of people with one or more additional chronic conditions, including diabetes, and end-stage renal disease (ESRD), lung disease, or heart disease.

With this information, we can deduce that C-SNPs are SNPs that limit enrollment to particular requirements for individuals with specific severe or injury chronic conditions.

These exist unique requirements plans which exist designed to bring care to people with one or more additional chronic conditions.

A new member will nevertheless be disenrolled if the qualifying condition for the schedule can't be confirmed in the first month.

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Clarence draws detailed plans for highways and bridges. His job is best described as one focused on . Denise assembles roofing materials on new buildings. Her job is best described as one focused on .

Answers

Answer:

Clarence: architecture

Denise: construction

Explanation:

just finished the question.

Answer:

Clarence wants to be an architect and Denise wants to be a construction worker.

Explanation:

imhoff company leases a new building form noble construction, inc. The present value of the lease payments is $700000. The lease is a finance lease. Prepare the journal entry that the lesse should make to record this transaction.

Answers

Answer:

Dr right-of-use asset   $700,000

Cr lease liability                               $700,000

Explanation:

The company upon entering into the finance lease would have to show the lease as an asset(right-of-use asset) as well as the lease liability(present value of lease obligations owed to the lessor).

As a result, the company would debit right-of-use asset with $700,000 while lease liability is also credited with the same amount

Sanford bought two shirts for $24.95 each and a pair of pants for $39.95. He paid with a $100 bill. Assuming he paid no sales tax, how much did he receive?

Answers

Sanford spent $24.95 each on two shirts and $39.95 on a pair of slacks. He used a $100 bill as payment. Don't forget to convert percentages to decimals. $116 .

What does "percent" mean?

If we need to calculate a percentage of a number, we should divide it by its entirety and then multiply it by 100. The proportion therefore refers to a component per hundred. Per 100 is what the word percent means. The letter "%" stands for it.

What do symbols mean?

Symbols are used to communicate other thoughts and opinions and might take the shape of words, sounds, movements, ideas, or visual representations. A symbol can be almost anything, including an item, a mark, a image, a character, a word, or a location. Metaphor is a literary device.

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Use the data table to answer the question that follows.

An investor's primary concern with adding a new stock to their portfolio is reducing risk. Which stock should they choose and why?

(A) Stock A, because it has a div value of 0 and a relatively high P/E ratio
(B) Stock A, because its last price indicates slow but steady growth to come
(C) Stock C, because its lower P/E ratio means it is least likely to fail
(D) Stock C, because its price spread and div suggests stability of earnings

Use the data table to answer the question that follows.An investor's primary concern with adding a new

Answers

An investor's primary concern with adding a new stock to their portfolio is reducing risk. The stock they should choose is Stock C, because its price spread and div suggest stability of earnings. The correct option is d.

Portfolio diversification is the process of selecting a variety of investments within each asset class, which can help those looking for how to minimize their investment risk. Diversification across asset classes may also help lessen the impact of major market swings on your portfolio.

If we were to invest in the stock of just one company, we'd be taking on greater risk by relying solely on the performance of that company to grow your investment. This is known as "single-security risk" the risk that our investment will fluctuate widely in value with the price of one holding.

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Amazon's start of rapid delivery services in some U.S. cities is an example of which type of strategy?

Answers

Answer:

??????????????????????????

Forward integration I think :)

Question 5 of 10
What are the disadvantages of a contract
for deed? Select two.

Answers

It disadvantage to the seller is that a contract for deed is frequently characterize Buy a low down payment and the purchase price is paid in installments instead of one lump sum if the seller needs funds from the sale to buy another property this would not be a beneficial method of selling real estate

What is VidxTra by Ekeocha Roland?

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The VidxTra by Ekeocha Roland is a brand new technology that creates high converting videos and video pages.

What is technology?

Technology refers to the tools, methods, techniques, and systems that are developed and used to solve problems, accomplish tasks, or achieve specific goals.

It includes both physical and non-physical products and services, such as machines, software, networks, and information. Technology has been an essential part of human history and has played a crucial role in shaping our societies and cultures.

The VidxTra by Ekeocha Roland is a brand new technology that creates high converting videos and video pages.

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The Davis family grows organic vegetables to sell at a local farmer’s market. Which are factors that directly affect their profit? Check all that apply.

an increase in the cost of farm equipment
a rise in demand for organic produce
an increase in customers at the market
a change in the market price for non-organic fruit
a sale on organic meats at the market

(answer is abc)

Answers

Answer:

an increase in the cost of farm equipment

Explanation:

With the Davis family continuously growing and selling vegetables they would need to repair or get new equipment

Answer:

a b c

Explanation:

Which of the following survey response methods is the most difficult for researchers to code for evaluation:

Answers

Answer:

No options are given, but the most commonly used survey response methods are:

Multiple choice questions = generally easy to codeRating scale questions = also easy to code, since response scales have a finite number of choices, e.g. 2 true/false, 3 agree/disagree/undecided, 5 very bad/bad/fair/good/excellent Matrix questions. = are a little bit more complex since they involve several rating scale questions, but it is not something difficult eitherDropdown questions. = similar to multiple choice questionsOpen-ended questions. = this are hard to code since each subject can respond different things, e.g. the thing that I like the most about this project is bla, bla, bla. There are no pre-set answers given to the subjects. THIS TYPE IS THE MOST DIFFICULT TO CODE.Demographic questions = similar to multiple choiceRanking questions = similar to scaled questions

Production is an example of a marketing activity.

Question 1 options:

True


False

Answers

The answer is true, production is one of the most important marketing activities

upper and lower extremity of bursitis​

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Answer:

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