To estimate what the profit will be at various levels of sales volume, multiply the number of units to be sold above or below the break-even point by the unit contribution margin. Group startsTrue or False

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Answer 1

In order to estimate the profit that will be at various levels of sales, multiply the number of units to be sold above or below the break-even point by the unit contribution margin. The statement is false.

What is profit?

Profit is total revenue less total cost. Breakeven point is the number of units produced and sold at which net income would be zero. Above the breakeven point, there would be profit and below this point, there would be losses.

The contribution margin is the price per unit less the variable cost per unit. Contribution margin doesn't account for fixed cost which must be used to determine profit.

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Related Questions

The _____ is the document that serves as the creative team's guide for writing and producing the ad. Group of answer choices Creative strategy Storyboard Graphic ideation Message strategy Speculative presentation

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Answer:

The creative strategy is the document that serves as the creative team's guide for writing and producing the ad.

Mr. Thompson is an outbound logistics manager for a large tile company. As outbound logistics manager, Mr. Thompson is focused on what two main issues:

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The main issues faced by logistics managers are storage and transportation.

The problem faced by Logistics managers

Logistics is the management of the flow of things between the point of origin (manufacturer) and the point of consumption to meet the requirements of customers.

When it comes to logistics, the main issues faced by logistics managers are storage and transportation.

During the transportation of goods, logistics are faced with a lot of traffic and storage of goods and services hence it is crucial that logistics managers focus on these two main issues.

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Miranda needs to build new shelves in her pantry to store all these items. She wants to put each type of item on a separate shelf. The shelves will be able to support 25 lbs. Will the new shelves be able to support her current supply of powder goods? Use the conversion table below and a spreadsheet to help you determine the answer

Answers

Answer: yes

Converting each to pounds it equals 13.3 pounds

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Using compounding, how much interest will be earned in the second year of a savings account that has an original balance of $200 and earns 6 percent interest per year

Answers

Answer:

$12.72

Explanation:

Adya, a media planner, switches to a new job at her company that involves more responsibility and an increase in compensation. This transition would typically be considered

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The transition of Adya involves more responsibility and an increase in compensation and is known as a promotion.

What is a promotion?

A promotion at workplace simply involves a step up the ladder and a increase on responsibility at the workplace.

In this case, the transition of Adya involves more responsibility and an increase in compensation and is known as a promotion

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The Work Breakdown Structure can be best be thought of as an effective aid for ___________ Communications

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Answer:

The Work Breakdown Structure can be best thought of as an effective aid for Stakeholder Communications.

Ken places a $20 value on a cigar, and Mark places a $17 value on it. The equilibrium price for this brand of cigar is $15. Refer to Scenario 12-1. Suppose the government levies a tax of $3 on each cigar, and the equilibrium price of a cigar increases to $18. Because total consumer surplus has:_____.
a. fallen by more than the tax revenue, the tax has a deadweight loss.
b. fallen by less than the tax revenue, the tax has no deadweight loss.
c. fallen by exactly the amount of the tax revenue, the tax has no deadweight loss.
d. increased by less than the tax revenue, the tax has a deadweight loss.
e. increased by more than the tax revenue, the tax has no deadweight loss.

Answers

Because total consumer surplus has fallen by more than the tax revenue, the tax has a deadweight loss.

What is deadweight loss?

The deadweight loss of tax is the reduction in total surplus when a tax is levied on a good. Consumer surplus is the difference between the equilibrium price of a good and the value the consumer places on the good.

Initial consumer surplus = ($20 - $15) + ($17 - $15) = $7

New consumer surplus = ($20 - $18) = $2

Thus, there is a reduction in consumer surplus and there is a deadweight loss.

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What is the first step of the five-step financial planning process?.

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setting smart goals or knowing your financial situation

Hunter owns an app development firm. Though the company started small, the business has grown substantially with more people and greater specialization. What does growth like this require in terms of structure

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Growth like this requires developing a formal structure that will ensure the efficiency of operation.

What is a Formal Structure?

A formal structure is a structure that aids a company's owner in maintaining a specified hierarchy of standards.

The formal structure assists in organizing the workforce or workers.

As a result, each person's work will be explicitly assigned to them, and each will be responsible for their own tasks.

When a firm is growing from a low to a high level, expending a significant amount of time and work is necessitated.

Therefore, if a company is growing and progressing, the owner must adhere to a formal structure.

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A rightward shift in the short-run aggregate supply curve will occur when:.

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A rightward shift in the aggregate supply curve will occur when: there is a decrease in price input.

What is a supply curve?

A supply curve is a graphical representation of how the market would behave or move in there is a change in supply. It is a representation of the relationship between the quantity supplied for a given period of time and the prices of goods and services.

A rightward shift in the short run aggregate supply curve will then occur anytime there is a decrease in the price input.

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Why do economists use circular flow models?
A. To track how different investments gain and lose value over time
B. To identify the causes of major economic changes in a country
C. To predict how a country's economy will respond to a proposed
change
D. To show how money moves through different parts of an
economy

Answers

Answer:

d is the right answer if the question

Economists use circular flow models to show how money moves through different parts of an economy. Hence option D is correct.

These models provide a simplified representation of the economy by illustrating the flow of money, goods, and services between households, businesses, and the government. By mapping out the interactions and exchanges, economists can analyze the circular flow of income and expenditure, helping them understand how economic activities are interconnected.

This model allows economists to study the effects of changes in variables such as consumption, investment, government spending, and exports on the overall functioning of the economy. It helps in examining the multiplier effects, identifying leakages and injections, and analyzing the interdependencies within the economic system.

Therefore option D is correct.

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In distinguishing between firm strategies for developing new products, a pioneer firm will be more likely to rely on its ______, whereas a follower firm will be more likely to ______ for ideas.
a. look within; scan the outside
b. look inside; scan the perimeter

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Answer:R&D department, scan the market

Explanation:

Blue Sky Laws require registration of all of the following EXCEPT: A exempt issues B non-exempt issues C broker-dealers D sales representatives

Answers

According to the state laws, all the above except issues that are exempt must be registered. Hence, option A is the correct answer.

What are Blue Sky Laws?

Blue Sky State Laws refers to laws that are enacted to combat fraud, and which require that issuers of securities must be registered.

Blue Sky Laws also required issuers of securities to disclose details of their offerings.

Hence the correction option is A.

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Create one sentence summarizing what you have read. You must keep your sentence to 20
words or less. You may take more than one try to get to twenty

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A sentence that can summarize what I have read is: "Understanding people's perspectives requires a broad-minded attitude, which appears rare in the modern days."

What does individual perspective mean?

Individual perspective means the mental state whereby available facts and personal ideas describing human behavior are combined to form opinions or viewpoints.

In life, individual perspective describes the way people:

Understand lifeApproach life issues Apply personal experiences.

Thus, a sentence that can summarize what I have read is: "Understanding people's perspectives requires a broad-minded attitude, which appears rare in the modern days."

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Why is it important to know the tax implications of giving away money or an inheritance?.

Answers

The implications of giving away money or an inheritance depends on the amount of money and the state in which you live.

What is tax?

If money less than or equal to $14,000 is given as tax, this would be tax-free each year because of the gift tax exemption. But if the money is above $14,000 in a single year, the gift would be taxed.

Most states do not have tax on inheritance but some have inheritance tax which is assessed on assets as they are being transferred to inheritors.

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- A service and physical good are similar in terms of uniformity of inputs. Group of answer choices TRUE FALSE

Answers

The correct answer to the given statement that "A service and physical good are similar in terms of uniformity of inputs" is:

False

What is a Good?

This refers to the physical item which has value and can be bought and sold in a market place.

With this in mind, we can note that a service has to do with the non physical value driven thing which is rendered based on demand and this service and physical goods are NOT SIMILAR in terms of uniformity of inputs because the manufactures does not have more control on the amount of variability.

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An economy's resources:________.
a. are unrelated to its standard of living.
b. are limited in quantity.
c. are unlimited when we use the latest technology.
d. consist of land, labor, capital, and money.
e. are always efficiently utilized.

Answers

Answer:

D

Explanation:

I think is D because is most correct answer

This tax is locally assessed, varies according to the worth of land and goods on it, and generally funds things like public schools.

Answers

Answer:

Property

Explanation:

I Did it

2
Drag each label to the correct image.
Match each image to the stages of memory it makes use of. Match the options below
short-term memory
long-term memory
sensory memory

Answers

Answer:

first picture is = Sensory memory

Secend picture is = Short-Term Memory

Third one is= Long-term Memory

Explanation:trust me the other guy is wrong

The correct match from the given image is that the first picture is the example of the sensory memory, second picture is Short-Term Memory, and third one is Long-term Memory.

What is the sensory memory?

The human body's sensory receptors receive sensory messages, which the neurological system processes. Sensory memory only stores sensory data for as long as it takes to convert it to short-term memory.

The first image is an example of sensory memory, the second is Short-Term Memory, and the third is Long-Term Memory, which is the correct match from the given image.

Therefore, the memory are of three types short-term memory, long-term memory, and sensory memory.

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What is one purpose of an essay's introduction paragraph?
47
O to provide a list of transitional words that will help your reader make sense of the writing
O to elaborate fully on one of the essay's main ideas
O to restate your main ideas and make a lasting impression on your reader
O to engage the reader by telling a personal story or sharing a startling statistic

Answers

Answer:

B.

Explanation:

To elaborate fully on one of the essay's main ideas. You want for your reader to know what they will be reading about.

In accounting, the term impairment refers to Multiple choice question. offsetting liabilities against the related assets. allocation of an asset over its service life. cost recovery of an asset for investment purposes. an asset's significant decline in value.

Answers

In accounting, the term impairment refers to  an asset's significant decline in value.

What is impairment?

Impairment is when the value of an asset is permanently reduced on the company's balance sheet. When an asset is tested for impairment, its book value is compared to the benefits and cash flows. If the book value is greater than all the benefits of the asset, the asset is impaired and its value is reduced on the balance sheet.

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The present value of an annuity stream of $100 per year is $614 when valued at a 10% rate. By approximately how much would the value change if these were annuities due

Answers

$61.40

Difference = $614(1.10) - $614 = $61.40

Alpha Electronics assembles different parts to make standardized laptops along an assembly line. Alpha Electronics uses _____ technology. a. continuous-process b. unit c. job rotation d. mass-production e. small-batch

Answers

Based on the fact that different parts are assembled to make standardized laptops, Alpha Electronics is engaged in D. Mass production.

What is mass production?

This is when a company produces goods in a large quantity at the same time.

It is usually done by using an assembly line where parts will then be assembled into a complete product.

In conclusion, option D is correct.

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Work Context section for Police Patrol Officers. Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. According to O*NET, what are some common work contexts for Police Patrol Officers? Check all that apply.
in an open vehicle or equipment
deal with unpleasant or angry people
contact with others
in an enclosed vehicle or equipment
deal with external customers
spend time keeping or regaining balance

Answers

Delp with unpleasant or angry people

Answer:

B,C,D,F

Explanation:

In a command economy, the production and distribution of goods and services is planned and set by ___

Answers

Answer:

In a command economy, the production and distribution of goods and services is planned and set by central government

Labor rates have risen over time to the point that Antonio's Pasta is considering _____ to reduce costs.

Answers

Answer:

Offshoring

Explanation:

Which of the following is true regarding growth rates for countries around the world compared to the United States?
I. More than fifty percent of the world’s people live in countries with a lower standard of living than the U.S. had a century ago.
II. The U.S. growth rate is six times the growth rate in the rest of the world.
III. China has only recently attained the same standard of living the U.S. had a century ago.

Answers

Answer:

More than 50% of the world's people live in countries with a lower standard of living than the U.S had a century ago.

Federal law permits employers to monitor their employees' use of company-owned computer equipment, specifically _______.

Answers

the answer is..

instant messages
website views
e-mails

or all of the above.

When corporate departments such as marketing, human resources, and information technology implement plans of action that support higher-level strategies, they are following a(n) ______ strategy.

Answers

Planning process strategy is been followed by corporate departments such as marketing when they implement plans of action that support higher-level strategies.

What is Planning process strategy ?

This can be regarded as a strategy that Prioritize objectives and develop a strategic plan which helps in execution and management of  our plan.

It helps to review and revise the plan and can be used by marketing, human resources, and information technology.

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Answer: functional

Explanation:

n/a

A ______ is a conceptual framework that describes how a company creates, delivers, and extracts value.

Answers

The answer should be a primary business model.

Hope that helped!

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