Answer: 6250
Explanation:
From the question, we are informed that Santiago company incurs annual fixed costs of $66,000. variable costs for santiago's product are $34 per unit, and the sales price is $50 per unit. santiago desires to earn an annual profit of $34,000.
The contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit for thus:
Contribution margin ratio = (Sales price - Variable cost)/Sales price
= (50-34)/50
= 16/50
= 0.32
Sales = (66,000 + 34,000)/0.32
= 100,000/0.32
= 312,500
Sales volume in units will be sales divided by price. This will be:
= 312,500/50
= 6250
The Sales volume in dollars and units required by Santiago Company to earn the desired profit of $34,000 annually are $312,500 and 6,250 units, respectively.
Data and Calculations:
Fixed costs = $66,000
Variable cost per unit = $34
Sales price per unit = $50
Contribution margin per unit = $16 ($50 - $34)
Contribution ratio = 32% ($16/$50 x 100)
Target profit = $34,000
Sales volume to earn target profit = (Fixed costs + Target Profit)/Contribution margin per unit
= ($66,000 + $34,000)/$16
= 6,250 units
Sales value to earn target profit = (Fixed costs + Target Profit)/Contribution ratio
= ($66,000 + $34,000)/32%
= $312,500
Learn more: https://brainly.com/question/24170559
What are the board directors in charge of
Answer:
The board of directors is elected to represent shareholders' interests
Explanation:
Every public company must have a board of directors composed of members from both inside and outside the company. The board makes decisions concerning the hiring and firing of personnel, dividend policies and payouts, and executive compensation. hope this helps you :)
What is true about single parent families? They face less stigma than nuclear families. They typically experience a higher income than nuclear families. They can have less conflict after a divorce than before one. All of the above
Answer:
They can have less conflict after a divorce than before one.
Explanation:
They can have less conflict after a divorce than before one" is the best option from the list since most of the conflict of divorce happens with couples, but this is not always true.
When Heidi Ganahl first started out with Camp Bow Wow, she spent a lot of time "micromanaging" things, but as time went by, she spent more of her focus on which aspect of management functions? A.Controlling b.Organizing c.Strategic planning d.Establishing goals and objectives
Answer:
c. Strategic planning
Explanation:
Micromanaging things refers to managing things with respect to the subordinates work or remember them for working in a particular subject.
In the given situation, since Heidi Ganahl spent a lot of time for micromanaging things after that he spent more focused on strategic planning as she wants to do the work planning so that she is able to accomplish the goals and objectives in an efficient and effective manner
Moreover, strategic planning refers to planning with respect to the direction of the business, its vision, mission, objectives, goals, etc so that the firm gets to know where they are and where they want to be in near future.
Hence, the correct option is c.
Purves Corporation is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $121,000 and 10,000 direct labor-hours for the period. The company incurred actual total fixed manufacturing overhead of $113,000 and 10,900 total direct labor-hours during the period. The predetermined overhead rate is closest to:
Answer:
The predetermined overhead rate is closest to $12.10 per hour
Explanation:
Predetermined overhead rate = (Estimated total fixed manufacturing overhead / Estimated direct labor hours)
Predetermined overhead rate =($121,000 / 10,000)
Predetermined overhead rate = $12.10 per hour
Choose the preferred sentence from each pair and justify your choice. a. (1) Lindsay's request to telecommute was denied, but she will begin a flextime schedule in two weeks. (2) Although her request to telecommute was denied, Lindsay will begin a flextime schedule in two weeks.
Answer:
(2). Although her request to telecommute was denied, Lindsay will begin a flextime schedule in two weeks.
Explanation:
The second choice would be the most preferred as it conveys the idea in a formal and precise manner. The complex sentence beginning with the subordinate clause already hints the listener that the key message is yet to come. It helps him/her in understanding the intended message without any confusion. The first sentence fails to create that specificity as it connects two independent ideas which remove the listener's focus from the main idea i.e. 'she will begin a flextime schedule in two weeks.' Thus, option (2) adopts the correct format and sentence structure to deliver the message effectively, efficiently, and precisely.
Write a report on a trend in business that you’ve observed, and highlight at least the main finding. For example, from the rising cost of textbooks to the online approach to course content, textbooks are a significant issue for students.
Answer:
Over the last two years, small businesses have taken to the electronic space as a means of expanding their businesses.
This e-commerce trend experienced an upward spike during the C-19 Pandemic. As businesses were forced to operate remotely, necessity which is the mother of invention, started to thinking of ways to restructure their businesses to operate more electronically using a wide array of online tools and technology.
In a recent survey, 10 out of 50 businesses said they were not reverting back to their former model of operations as they had realised that it was completely unnecessary.
Top reasons given are:
Given the shedding of operation load and streamlining to basic functions whilst retaining the quality of product and or service, they also shed a lot of costs which increased their bottomline;emote service deliveries enabled them to get into more territories that they couldn't access prior to the C-19 pandemic. Thus leading to an expansion of clientele/market share.
