Breakeven point units - Study guides, Class notes & Summaries

A company has fixed operating costs of R60 000, the selling price per unit is R13 and its variable cost per units is R9. Calculate the company’s breakeven point. Select one: a. 29 000 units b. 24 000 units c. 15 000 units d. 39 500 units Which ratio is a measure of the speed with which various accounts are converted into sales and cash? Select one: a. Activity ratio b. Debt ratio c. Liquidity ratio d. Profitability ratio A firm can best improve its return on equity (ROE) by...

George Dantzig is important in the history of management science because he developed - correct answer the simplex method for linear programming. Problem solving encompasses both the identification of a problem and the action to resolve it. - correct answer T The optimal solution to a model is one in which known, specific values provide the best output. - correct answer T Decis...

ACC 241 -Exam II Practice Q's Ch. 7, 8, 12 Study Guide with Valid Solutions At the breakeven point, contribution margin equals revenue. True False - ️️ Correct-False If there is little or no relationship between the cost and the volume, the data points on a scatter plot will appear almost as a straight line. True False - ️️ Correct-False Operating leverage is the use of fixed cost to extract higher percentage changes in profits as sales activity changes. True False - ️️ ...

ACCT 2121 Mid-term Exam 2022 MCQ Q1 (1 point) In multiproduct situations, when the sales mix shifts toward the product with the highest contribution margin per unit, then: A) total revenues will decrease B) breakeven quantity will increase C) total contribution margin will decrease D) operating income will increase Q2 (1 point) Hope company produces and sells 500 units of its only product per month at the selling price of $1,200. The variable manufacturing cost of the 500 units is...

AQA A-Level Business Formulas 100% Correct Total Contribution Total Revenue - Total Variable Costs Contribution Per Unit Selling Price(per unit) - Variable Cost(per unit) Break Even Point Fixed Costs ∻ Contribution Per Unit Margin of Safety Actual level of Output - Breakeven level of Output Market Size(VOLUME) Is the quantity of goods & services produced in a particular market over a period of time (1 year) Market Size(VALUE) Is the total sales revenue generated from selling all of the go...

Financial Accounting (BUS 302L) Exam Study Guide with Correct Answers Comparing actual outcomes with budget outcomes, then following up, is an example of a a. planning activities b. operating activities c. controlling activities d. accounting activities e. staffing activities - Answer-c. controlling activities Which of the following is typically a starting point for the budget process? a. a summary cash budget EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER ©2024 EMILLYCHARLOTTE. ALL RIGHTS R...

WGU C201 Business Acumen Chapter 11, 12, 13: Marketing Already Passed Marketing The process for discovering unmet customer needs, researching potential markets, producing goods or services to satisfy targeted customers, promoting, pricing, and distributing. The organizational function and set of processes for creating, communicating and delivering value to customers, managing customer relations, advocates ideas or viewpoints and educating others. How does marketing create utility? Creates time,...

WGU C207 Data Driven Decision Making Quizzes & Answers(RATED A+) (Quiz 1) 1. For companies to attract and retain their best customers they need a complete portrait of who they are. To develop this portrait companies turn to... A) Statistics B) Analytics C) Management Science D) Histograms - ANSWER B (Quiz 1) 2. A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? A) Descr...

ACCT 2121 Mid-term Exam 2022 MCQ Q1 (1 point) In multiproduct situations, when the sales mix shifts toward the product with the highest contribution margin per unit, then: A) total revenues will decrease B) breakeven quantity will increase C) total contribution margin will decrease D) operating income will increase Q2 (1 point) Hope company produces and sells 500 units of its only product per month at the selling price of $1,200. The variable manufacturing cost of the 500 units is...

1 Copyright © 2019 McGraw-Hill Intro to Management Science: Modeling and Case Studies, 6e (Hillier) Chapter 1 Introduction 1) Managers need to know the mathematical theory behind the techniques of management science so that they can lead management science teams. 2) Management scientists use mathematical techniques to make decisions, which are then implemented by managers. 3) Spreadsheets allow many managers to conduct their own analyses in management science studies. 4) Managers m...