Business, 01.07.2021 15:10 marie0321rivera67

Waterways markets a simple water control and timer that it mass-produces. During 2016, the company sold 696,000 units at an average selling price of per solution $4.20 per unit. The variable expenses were $1,900,080, and the fixed expenses were $683,256. a. What is the product’s contribution margin ratio?
b. What is the company’s break-even point in units and in dollars for this product?
c. What is the margin of safety, both in dollars and as a ratio?
d. If management wanted to increase its income from this product by 10%, how many additional units would have to be sold to reach this income level?

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 20:30

Which of the following best describes the purpose of raising and lowering the required reserve ratio? a. to make sure that government spending does not result in either a surplus or deficit. b. to stimulate economic growth by making it less expensive for producers to get loans. c. to manage the economy by increasing or decreasing the amount of loans being made. d. to regulate the activity of private banks to assure an equitable distribution of wealth. 2b2t

Answers: 3

Answer

Business, 22.06.2019 05:00

The new york stock exchange is an example of what type of stock market?

Answers: 1

Answer

Business, 22.06.2019 11:40

On january 1, 2017, sophie's sunlounge owned 4 tanning beds valued at $20,000. during 2017, sophie's bought 3 new beds at a total cost of $14 comma 000, and at the end of the year the market value of all of sophie's beds was $24 comma 000. what was sophie's net investment

Answers: 3

Answer

Business, 22.06.2019 13:10

bradford, inc., expects to sell 9,000 ceramic vases for $21 each. direct materials costs are $3, direct manufacturing labor is $12, and manufacturing overhead is $3 per vase. the following inventory levels apply to 2019: beginning inventory ending inventory direct materials 3,000 units 3,000 units work-in-process inventory 0 units 0 units finished goods inventory 300 units 500 units what are the 2019 budgeted production costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively?

Answers: 2

Answer

You know the right answer?

Waterways markets a simple water control and timer that it mass-produces. During 2016, the company s...

Questions